AU Tejas Credit Card
Card Overview
The AU Tejas Credit Card is a good option for people who want to earn rewards and get discounts on their everyday spending. Cardholders can earn 5 Reward Points for every ₹100 spent on the AU Rewardz portal and 1 Reward Point for every ₹100 spent on other transactions. Each point is worth ₹0.25. New cardholders can also choose a welcome benefit of 2,000 Reward Points or a ₹500 brand voucher after meeting the required conditions. The card also offers up to 10% discounts at selected merchants and on bill payments, along with offers on food delivery, movie tickets, groceries, cab rides, and utility bills.
The card has a joining and annual fee of ₹500 + GST. However, the annual fee can be waived if you spend ₹1.5 lakh or more in a card anniversary year, as per the applicable terms. Overall, the AU Tejas Credit Card can be useful for first-time credit card users, salaried individuals, and people who want simple rewards and savings on regular expenses. While it does not offer premium benefits such as airport lounge access, it provides useful rewards and discounts for everyday spending.
Card Details
- Welcome Benefit: Get 2,000 Reward Points or a ₹500 brand voucher after card activation and your first transaction within 30 days.
- Reward Points: Earn 5 Reward Points per ₹100 on eligible AU Rewardz spends and 1 Reward Point per ₹100 on other eligible transactions.
- 10% Monthly Discount: Save 10% on movies through District, Zomato food orders, and grocery purchases on Amazon Fresh and Amazon Now.
- 10% Cashback: Get 10% cashback on eligible cab bookings and utility bill payments through the AU 0101 app, subject to monthly limits.
- Annual Fee Waiver: Spend ₹1.5 lakh or more in a card anniversary year to get the annual fee waived.
- Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on eligible fuel transactions, up to ₹100 per month.
- Milestone Reward: Earn 500 Reward Points after completing 5 transactions of ₹500 or more in a month.
- Reward Redemption: Redeem your Reward Points at a value of ₹0.25 per point.
Features & Benefits
AU Tejas Credit Card: Benefits, Rewards, Fees and Eligibility
The AU Tejas Credit Card is designed for customers who want to earn rewards on everyday spending while enjoying discounts and cashback on selected transactions. The card offers Reward Points through AU Rewardz, welcome benefits, bonus points, discounts on movies, groceries and food delivery, and cashback on eligible cab bookings and bill payments.
The card carries a joining fee of Rs.500 plus applicable taxes and an annual fee of Rs.500 plus applicable taxes. The annual fee can be waived from the second year if the cardholder meets the required spending condition.
AU Tejas Credit Card Highlights
| Feature | Details |
|---|---|
| Joining Fee | Rs.500 + applicable taxes |
| Annual Fee | Rs.500 + applicable taxes |
| Annual Fee Waiver | On spending Rs.1.50 lakh or more in the previous card anniversary year |
| Welcome Benefit | Rs.500 brand vouchers or 2,000 Reward Points |
| Reward Rate | Up to 5 Reward Points per Rs.100 through AU Rewardz |
| Bonus Reward Points | 500 points on 5 or more qualifying transactions |
| EMI Facility | Available on eligible transactions |
| Add-on Card | Lifetime-free for eligible family members |
AU Tejas Credit Card Features and Benefits
The AU Tejas Credit Card offers a combination of rewards, discounts and cashback benefits across various everyday spending categories. These benefits can help cardholders get additional value from their regular transactions.
Welcome Benefit
New cardholders can choose between select brand vouchers worth Rs.500 or 2,000 Reward Points as a welcome benefit.
To become eligible, the card must be activated and the first successful transaction must be completed within 30 days of card issuance. Eligible customers receive the welcome benefit claim details through SMS or email.
Discounts on Movies, Grocery and Food
The card offers discounts on selected entertainment, grocery and food transactions.
Cardholders can get a 10% instant discount on movie bookings through District by Zomato, with a maximum discount of Rs.50 per month.
Similarly, eligible purchases through Amazon Grocery/Amazon Now qualify for a 10% instant discount, subject to a maximum monthly discount of Rs.50.
For Zomato food delivery, cardholders can also receive a 10% instant discount, with the maximum benefit limited to Rs.50 per month.
Cashback on Cab Bookings
The AU Tejas Credit Card provides 10% cashback on eligible cab bookings with providers such as Uber, Ola and Rapido.
The maximum cashback available under this benefit is Rs.50 per month.
Cashback on Bill Payments
Cardholders can receive 10% cashback on eligible bill payments made through the AU 0101 App. The maximum cashback available under this benefit is Rs.50 per month.
AU Tejas Credit Card Bonus Reward Points
Cardholders can earn 500 Bonus Reward Points by completing 5 or more qualifying transactions in a statement cycle.
Each eligible transaction must be worth Rs.500 or more. This benefit can be useful for customers who frequently use their card for multiple purchases during a billing cycle.
AU Tejas Credit Card Reward Points
The AU Tejas Credit Card comes with the AU Rewardz programme. Cardholders can earn Reward Points on eligible transactions.
You can earn 5 Reward Points for every Rs.100 spent through AU Rewardz on eligible flights, hotels, vouchers, bill payments and other services.
For other eligible transactions, the card offers 1 Reward Point for every Rs.100 spent.
AU Tejas Credit Card Reward Redemption
The Reward Points earned through the card can be redeemed through AU Rewardz for different rewards. Redemption options include e-vouchers, merchandise, flight bookings, hotel bookings and other available rewards.
A Reward Point redemption charge of Rs.99 plus GST is applicable.
AU Tejas Credit Card EMI Facility
Eligible transactions can be converted into EMIs using the card's EMI facility. Transactions of Rs.500 or above can be converted into EMIs, subject to a minimum cumulative transaction value of Rs.2,000.
This facility allows cardholders to repay eligible purchases through monthly instalments.
AU Tejas Credit Card Eligibility
Applicants need to meet the eligibility criteria specified by AU Small Finance Bank.
| Applicant Category | Age Requirement |
|---|---|
| Salaried Primary Cardholder | 21 to 60 years |
| Self-employed Primary Cardholder | 25 to 65 years |
| Add-on Cardholder | 18 years or above |
| Nationality | Resident Indian |
Meeting these conditions does not guarantee approval. AU Small Finance Bank evaluates applications according to its internal credit assessment and applicable policies.
AU Tejas Credit Card Fees and Charges
| Particulars | Charges |
|---|---|
| Joining Fee | Rs.500 + applicable taxes |
| Annual Fee | Rs.500 + applicable taxes |
| Cash Advance Charge | 2.5% or Rs.500, whichever is higher |
| Interest Rate | 3.75% per month (45% per annum) |
| Late Payment Charge | 15% of Total Amount Due |
| Overlimit Charge | 2.5% |
| Outstation Cheque Processing Charge | Rs.25 |
| Payment Return Charge | 2% |
| Duplicate Physical Statement Charge | Rs.100 |
| Card Transfer Charge | Rs.199 + GST |
| Reward Point Redemption Charge | Rs.99 + GST |
AU Tejas Credit Card Annual Fee Waiver
The annual fee is Rs.500 plus applicable taxes. From the second year, the fee can be waived if the cardholder spends Rs.1.50 lakh or more during the previous card anniversary year.
Therefore, customers with regular eligible spending of Rs.1.50 lakh or more may be able to avoid paying the annual fee from the second year.
AU Tejas Credit Card Add-on Card
Eligible primary cardholders can get a lifetime-free add-on card for eligible family members. This allows family members to use the card facility while the primary cardholder manages the account and payments.
Is AU Tejas Credit Card Worth Considering?
The AU Tejas Credit Card can be considered by customers looking for rewards, discounts and cashback on everyday spending. Its benefits include welcome rewards, accelerated Reward Points through AU Rewardz, bonus points, selected merchant discounts and cashback on eligible transactions.
Before applying, customers should compare the card's fees, spending requirements and benefit limits with their regular spending habits. Paying the outstanding amount on time is also important to avoid interest and late payment charges.
Pros/Cons
Reality Check Feedback
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.
- What benefits does the AU Tejas Credit Card offer?
The card offers Reward Points, welcome and milestone rewards, partner discounts, a fuel surcharge waiver, and other value-added benefits.
- How can I earn Reward Points on the AU Tejas Credit Card?
You can earn 5 Reward Points for every ₹100 spent on the AU Rewardz portal and 1 Reward Point for every ₹100 spent on other eligible purchases.
- What is the welcome benefit on the AU Tejas Credit Card?
New cardholders can choose between 2,000 Reward Points or a ₹500 brand voucher after activating the card and making their first transaction within 30 days.
- Does the card offer milestone rewards?
Yes. You can earn 500 Reward Points after completing five transactions of ₹500 or more.
- What discounts can I get with the AU Tejas Credit Card?
The card provides up to 10% discounts or cashback on eligible purchases from selected partner merchants such as Amazon Fresh, Zomato, Uber, Ola, and Rapido.
- Does the AU Tejas Credit Card offer airport lounge access?
No. The card does not provide domestic or international airport lounge access.
- Is there a fuel surcharge waiver?
Yes. The card provides a 1% fuel surcharge waiver on eligible transactions between ₹400 and ₹5,000, up to ₹100 per statement cycle.
- How can I get the annual fee waived?
The annual fee from the second year onwards can be waived if you spend ₹1.50 lakh or more on eligible retail purchases during the previous card anniversary year.
- What additional benefits does the card provide?
The card includes features such as Card Liability Cover, Credit Shield, and a Device Protection Plan, subject to the applicable terms and conditions.
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