AU Spont Credit Card
The AU Spont Credit Card is a great option for small purchases and UPI transactions. It gives 1% cashback on UPI spends, with a maximum limit of ₹500 per month, meaning you need to spend ₹50,000 to get the full benefit. The card has a low joining fee of ₹299 and is available to anyone earning over ₹10,000 per month. Plus, it offers free access to domestic airport and railway lounges, making travel more comfortable.
Apart from cashback, the card comes with extra perks like contactless payments, EMI options, and additional cards for family members. If you use the AU101 app for UPI, you’ll earn 5 coins per transaction and get 500 bonus coins on your first one. While the cashback rate isn’t very high, the lounge access and affordable ₹500 renewal fee make it a good choice, especially for first-time credit card users.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
AU Spont Credit Card – Features and Benefits
The AU Spont Credit Card is an affordable entry-level credit card that offers cashback, reward coins, and complimentary lounge access. With a low annual fee, it is designed for beginners who want to earn rewards on everyday spending while enjoying extra travel perks.
Cashback Benefits
One of the main highlights of the AU Spont Credit Card is its cashback program.
- Earn 1% cashback on UPI payments made across different platforms.
- Get 1% cashback on e-commerce purchases, POS transactions, and contactless payments.
- Maximum cashback of ₹500 per statement cycle.
- Cashback is not available on fuel, rent payments, EMIs, cash withdrawals, and insurance spends.
This makes the card a good choice for regular online and offline purchases.
AU 0101 App Rewards
If you use the AU 0101 App for UPI payments, you can unlock additional rewards.
- Earn 5 coins for every UPI transaction made through the AU 0101 App.
- Get 500 bonus coins on your first UPI payment via the app.
- Reward coins have lifetime validity and can be redeemed anytime at AU Rewardz.
This feature makes the card even more rewarding for users who prefer digital payments.
Complimentary Lounge Access
Even as an entry-level credit card, the AU Spont offers free lounge access.
- Spend ₹20,000 in a quarter and enjoy 2 complimentary airport lounge visits in that period.
- Get 2 complimentary railway lounge visits per quarter, which means up to 8 visits a year.
These benefits are valuable for people who travel frequently and want extra comfort while waiting for their flight or train.
Fees and Charges
The AU Spont Credit Card comes with a joining and renewal fee of ₹500 only. Considering the cashback, reward coins, and lounge benefits, the annual fee is affordable and justified.
AU Spont Credit Card Review
The AU Spont Credit Card is a great option for beginners looking for their first credit card. While the maximum cashback of ₹500 per month may seem low, the additional coins through the AU 0101 App and free lounge visits provide good overall value.
Is the AU Spont Credit Card virtual?
Yes, it is available in both virtual and physical formats.
Can I use my credit card PIN to pay through UPI?
No, you need to set a separate UPI PIN for security.
How do I link my AU RuPay Credit Card to UPI after changing my mobile number?
First, update your number with the bank, then re-register your card on the UPI app.
How do I apply for the AU SPONT Credit Card?
Use the AU0101 app to complete the application or simply click on Apply Now button.
How can I set or disable my UPI transaction limit?
Adjust the POS limit in the AU0101 app.
How many UPI transactions can I do with my RuPay Credit Card?
NPCI has a daily limit. To know the exact limit, check your UPI app or ask your bank.
What is needed to connect my AU RuPay Credit Card with UPI?
The card must be active and POS-enabled.
Will AU send me a physical SPONT Credit Card?
Yes, you get both physical and virtual versions.
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