AU Altura Plus Credit Card
The AU Small Finance Bank Altura Plus Credit Card is an improved version of the regular Altura Credit Card, offering more rewards and benefits. You get 1.5% cashback when you shop in stores and extra reward points for online shopping. There is no limit on how many points you can earn, which is great if you use the card often. If you spend a certain amount each month, you also get 500 bonus points. This card helps you save money and get extra rewards on your daily spending.
The card also comes with useful travel perks like free access to some railway lounges and a 1% discount on fuel charges. You can get your joining and yearly fees waived if you spend enough during the year. It has security features to keep your card safe from unauthorized use. The annual fee is ₹499, but if you spend ₹10,000 within 60 days of getting the card, you get a ₹500 welcome voucher. Overall, it’s a good choice for people who want a credit card with cashback, rewards, and travel benefits without much cost.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
AU Bank Altura Plus Credit Card – Features and Benefits
The AU Small Finance Bank Altura Plus Credit Card is designed for people who want simple rewards and useful benefits in one card. It offers cashback, travel perks, and milestone bonuses that make your everyday spending more rewarding. Here’s a complete look at what this card offers.
Rewards and Cashback
With the AU Bank Altura Plus Credit Card, you earn as you spend. You get 1.5% cashback on all POS retail transactions made at physical stores. The maximum cashback you can earn in one billing cycle is Rs. 100.
Once this cashback limit is reached, you continue earning 1 Reward Point for every Rs. 100 spent on retail purchases. For online transactions, you earn 2X Reward Points, and the best part is that there is no limit on how many points you can collect. However, fuel transactions do not earn any cashback or reward points.
Travel Benefits
If you travel by train often, this card adds extra comfort to your journeys. You get two complimentary railway lounge accesses every quarter at select locations such as New Delhi, Jaipur, Ahmedabad, Kolkata, Madurai, and Agra. These visits can be used by both primary and add-on cardholders, within the total number allowed. It’s a nice way to relax while you wait for your train.
Milestone Rewards
Every time you spend Rs. 20,000 or more in a month, you receive 500 bonus Reward Points. This gives you another way to earn extra rewards simply by using your card for your regular monthly expenses like shopping, dining, or paying bills.
Fuel Surcharge Waiver
You can save money on fuel too. The card offers a 1% fuel surcharge waiver for transactions between Rs. 400 and Rs. 5,000 at any fuel station across India. The maximum waiver allowed is Rs. 150 per billing cycle. While it may seem small, it adds up over time if you regularly use your vehicle.
Reward Redemption Options
The Reward Points you collect can be redeemed for a wide range of options. Through the AU Rewardz platform, you can use your points for flight or hotel bookings, DTH and mobile recharges, merchandise, or gift vouchers. Each 1 Reward Point equals Re. 0.25, which gives you flexible redemption choices depending on your needs.
Eligibility Criteria
To apply for this card, you should meet the following conditions:
- You must be 21 to 60 years old to get the primary card.
- Add-on cardholders must be at least 18 years old.
- You must be a resident of India.
AU Bank Altura Plus Credit Card Review
The AU Bank Altura Plus Credit Card is a great choice for beginners or anyone who wants a simple, affordable card with real benefits. You can earn up to 6,000 bonus Reward Points per month, equal to Rs. 1,500, while enjoying cashback and travel perks. Whether you use it for shopping or travel, this card gives value back on almost every spend.
Is it possible to get the annual fee waived for the Altura Plus card?
Yes, the first-year annual fee can be waived if you spend ₹20,000 on retail purchases within 90 days of card activation. From the second year onward, the fee waiver is applicable if you spend ₹80,000 on retail transactions in the previous card anniversary year.
What is the interest-free time on the AU Bank Altura Plus Credit Card?
You can get up to 50 days without paying any interest.
What is the GST rate charged on my AU Altura Plus Credit Card?
An 18% GST is added to all the fees, charges, and interest linked to your card.
How can I claim the insurance benefits linked to the credit card?
To claim insurance benefits, call AU Bank customer care at 180012001500.
What is the minimum age requirement for an Add-on Credit Card Holder?
The minimum age should be 18 or the same as the primary cardholder.
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