CheQ AU Credit Card
CheQ AU Credit Card is launched with AU Small Finance Bank and comes with a special LED light feature that glows when you tap to pay. This helps you instantly know that your payment is done. Earlier, CheQ was mainly used to pay credit card bills, but now it has started offering its own credit card with rewards. You can apply for this card from April 28, 2026 using the CheQ app, which makes the process quick and easy.
This card gives rewards on your daily spending, including up to 24 CheQ Points for every ₹200 spent on selected categories. It also supports UPI payments through the RuPay version, so you can earn rewards even on small payments. You also get benefits like a 1% fuel surcharge waiver and contactless payments for fast use. The annual fee is ₹499 + GST, but it becomes free if you spend ₹3 lakh in a year. As a welcome offer, you get an EazyDiner membership worth ₹695. There is also an LED version with a ₹999 fee, but this fee is free till May 31, 2026 for existing CheQ 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.
CheQ AU Credit Card: Simple Guide, Rewards, Fees and Real Value
The CheQ AU Credit Card, launched with AU Small Finance Bank, is designed for people who spend more online on shopping, food delivery, and travel. It is built around the CheQ app ecosystem, which makes tracking rewards and payments simple.
The biggest highlight is its LED tap feature. When you tap to pay, the card lights up, giving instant confirmation. While this does not increase rewards, it adds a modern and premium feel to everyday payments.
Welcome Benefit
You get a 3-month free membership of EazyDiner worth ₹695. This is useful if you dine out often, as it gives discounts on restaurants and helps you save from the beginning.
Reward System (Easy Breakdown)
- Up to 24 points per ₹200 on top brands like Amazon, Flipkart, Zomato, and travel
- 10 points per ₹200 on online shopping, groceries, and food delivery
- 5 points per ₹200 on UPI payments using RuPay
- 2 points per ₹200 on all other spending
This means higher rewards for online users and daily spending.
Reward Value (Most Important Part)
| Usage Type | Value |
|---|---|
| Travel & Hotels | 2 points = ₹1 |
| Shopping Vouchers | 2 points = ₹1 |
| Bill Payments | 4 points = ₹1 |
So, you get better value when you use points for travel or shopping. Bill payments give lower returns.
Real Example
If you spend ₹20,000 per month on shopping, food, and travel:
- You can earn around 2,000+ points
- Travel use → value around ₹1,000
- Bill payment use → value around ₹500
This clearly shows that usage matters more than earning.
Where You Don’t Earn Rewards
- Rent payments
- Insurance
- Education fees
- Government payments
- Fuel
- Wallet reloads
- Gold and jewellery
These categories do not give any reward points.
Fees and Charges
| Type | Amount |
|---|---|
| Annual Fee | ₹499 + GST |
| Fee Waiver | Spend ₹3 lakh/year |
| LED Fee | ₹999 (free for limited time) |
The annual fee is reasonable and can be removed with regular usage.
Fuel Benefit
You get a 1% fuel surcharge waiver, with savings up to ₹150. This is a small but useful benefit for regular fuel users.
Eligibility Criteria
- Be at least 21 years old
- Earn ₹25,000 or more monthly
- Have a credit score around 750+
- Live in an AU Bank serviceable area
Note: If you already have an AU credit card, you cannot apply.
Why This Card Makes Sense
This card works well for people who spend online regularly. It rewards daily categories like shopping, food, and travel. Also, UPI rewards make it more useful compared to many other cards in India. The integration with the CheQ app keeps everything simple, from tracking points to redeeming them.
CheQ AU Credit Card Review
The CheQ AU Credit Card is a simple and modern credit card for Indian users. It is best for those who spend online and want an easy reward system. If you use your points smartly for travel or shopping, you can get good value. The annual fee is low and can be waived, which makes it beginner-friendly.
However, if you mostly want to use rewards for bill payments, the benefit will be limited. If you don’t already have a card from AU Small Finance Bank and you actively use the CheQ app, this card is worth considering. Applying early is a smart move, as the LED fee is currently waived for a limited time.
What is the annual fee and how can it be waived?
The card has a yearly fee of ₹499 + GST, but you don’t need to pay it if your yearly spending reaches ₹3 lakh.
Who can apply for this card and who cannot?
Indian residents with a stable income and a good credit score (around 750 or more) can apply. If you already have a credit card from AU Small Finance Bank, you are not eligible.
How can I apply for the card?
You can apply easily through the CheQ app starting from April 28, 2026.
What rewards do I get and how do they work?
You earn CheQ Points on your spending, including extra rewards on selected categories and UPI payments via the RuPay card. Points are added within 2–3 days and are valid for 2 years.
How can I use my reward points?
You can use them for vouchers, travel bookings, or bill payments. But for bill payments, the value is lower, where 4 points equal ₹1.
Are there any transactions where rewards are not given?
Yes, you won’t earn rewards on fuel, rent, insurance, education, government payments, EMI transactions, and wallet reloads.
What welcome benefit do I get?
You receive a free EazyDiner membership worth ₹695.
Does the card support UPI and tap payments?
Yes, the RuPay version supports UPI, and you can also use tap-to-pay for quick payments up to ₹5,000 without entering a PIN.
What makes this card different?
It is India’s first LED credit card that lights up when you tap to pay, giving instant confirmation.
How many cards will I get?
You will receive two cards – one Visa and one RuPay card.
Is there any extra fee for the LED feature?
Yes, the LED version has a ₹999 fee, but it may be free for a limited time under special offers.
Can I close the card anytime?
Yes, you can close it anytime after clearing all dues, but both cards must be closed together.
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