AU Bank Zenith Credit Card- Benefits & Lounge Access

The recently introduced AU Bank Zenith Credit Card is a luxury credit card offered to Zenith customers who are seeking lifestyle benefits and rewards in a wide range of genres in India. Being a premium product in the AU Bank credit card portfolio, Zenith Credit Card attracts an annual membership fee, which is tenable bearing in mind the extensive privileges that accompany it.

Credit cardholders are endowed with a competitive reward program and great travel benefits such as free access to domestic and international airport lounges, lower markup fees for foreign currency, and comprehensive insurance coverage. The availability of milestone benefits such as free annual travel and concierge services and lifestyle rewards that are associated with the card makes it attractive to the high-end, wealthy customer.

AU Bank Zenith Credit Card Features and Benefits

1. Welcome Benefits:

• Enjoy shopping vouchers worth Rs. 1,000 after making the first POS transaction within 60 days of card issuance.
• Earn 10,000 bonus reward points by spending Rs. 1 lakh within 60 days of card activation.

2. Milestone Benefits:

• Receive shopping vouchers worth Rs. 1,000 for every Rs. 2 lakh spent in a quarter.
• Get a complimentary Taj Epicure Membership upon spending Rs. 8 lakh annually.

3. Birthday Benefit:

• Earn 2,500 bonus reward points after making a successful retail purchase on your birthday.

4. Travel Benefits:

• Domestic Lounge Access: 2 complimentary visits per quarter at domestic airport lounges under the Visa Lounge program.
• International Lounge Access: 2 complimentary international airport lounge visits per quarter through Priority Pass.
• Railway Lounge Access: 2 complimentary visits per quarter at select Indian railway stations (New Delhi, Jaipur, Ahmedabad, etc.).

5. Insurance Benefits:

6. Lower Foreign Currency Markup Fee:

• The card charges a reduced foreign currency markup fee of 1.99%, compared to the standard 3.5% on most credit cards, making it an excellent choice for international travellers.

7. Concierge Services:

• 24×7 global concierge services assist with travel bookings, dining reservations, and more. Accessible through dedicated toll-free and local numbers.

8. Annual Fee Waiver:

• Waive the joining fee by spending Rs. 1.25 lakh within 90 days of card activation.
• Get a waiver on the annual renewal fee by spending Rs. 5 lakh in the previous year.

How to Earn and Redeem AU Bank Zenith Credit Card Reward Points?

Earning Reward Points:

1. Dining at Standalone Restaurants:
   • Earn 20 Reward Points per Rs. 100 spent (reward rate = 5%).
   • A maximum of 5,000 reward points can be earned in a statement cycle.
2. International Purchases & Grocery/Departmental Store Spends:
   • Earn 10 Reward Points per Rs. 100 spent (reward rate = 2.5%).
3. Other Retail Transactions (Online & Offline, except fuel):
   • Earn 5 Reward Points per Rs. 100 spent (reward rate = 1.25%).
4. Insurance, Utility, and Telecom Payments:
   • Earn 1 Reward Point per Rs. 100 spent.
   • Reward Points are capped at a transaction value of Rs. 10,000, with a maximum of 100 points per transaction.
5. Exclusions:
   • No Reward Points are awarded for fuel purchases, rent, education, or government-related transactions.
6. Maximum Cap:
   • A maximum of 25,000 reward points can be earned in one statement cycle.

Redeeming Reward Points:

1. E-vouchers:
   • Redeem points for e-vouchers from top brands.
2. Mobile/DTH Recharges:
   • Use points for mobile or DTH recharges through the portal.
3. Merchandise:
   • Shop for a variety of products listed on the AU Rewardz portal.
4. Travel:
   • Redeem points for flight and hotel bookings.

Redemption Value:

• 1 Reward Point = Rs. 0.25 when redeemed on the AU Rewardz portal.

AU Bank Zenith Credit Card Fees and Charges

1. Renewal Fee:
   • Rs. 7,999 + GST (Waived if annual spending exceeds Rs. 5 lakh)
2. Foreign Currency Markup Fee:
   • 1.99% on all foreign currency transactions (lower than standard cards which charge around 3.5%)
3. Interest Rate (Finance Charges):
   • Up to 3.49% per month (41.88% annually)
4. Late Payment Fees:
   • Rs. 100 for amounts due between Rs. 0 to Rs. 100
   • Rs. 500 for amounts due between Rs. 101 to Rs. 500
   • Rs. 750 for amounts due between Rs. 501 to Rs. 1,000
   • Rs. 950 for amounts due between Rs. 1,001 to Rs. 10,000
   • Rs. 1,100 for amounts due between Rs. 10,001 to Rs. 25,000
   • Rs. 1,300 for amounts due over Rs. 25,000
5. Cash Advance Fee:
   • 2.5% of the transaction amount (minimum Rs. 100)
6. Overlimit Fee:
   • 2.5% of the overlimit amount (minimum Rs. 500)
7. Duplicate Statement Fee:
   • Rs. 100 per request
8. Reward Redemption Fee:
   • Rs. 99 per redemption request
9. Fuel Surcharge:
   • 1% on fuel transactions (subject to a minimum of Rs. 10)

AU Bank Zenith Credit Card Product Details:

1. Earn 20 Reward Points per Rs. 100 spent on dining, 10 Reward Points per Rs. 100 on international, grocery, and department store purchases, and 5 Reward Points on other retail transactions.
2. Rs. 1,000 worth of vouchers on the first POS transaction within 60 days, plus 10,000 bonus points on spending Rs. 1 lakh within 60 days of activation.
3. Enjoy 2 complimentary domestic and international lounge visits per quarter through Priority Pass, plus complimentary railway lounge access.
4. Lower foreign currency markup fee of 1.99% on international transactions.
5. Get vouchers worth Rs. 1,000 quarterly for spending Rs. 2 lakh, and a complimentary Taj Epicure membership on Rs. 8 lakh annual spend.
6. Redeem points for merchandise, vouchers, travel, and more on the AU Rewardz portal, with 1 RP = Rs. 0.25.

AU Bank Zenith Credit Card Eligibility Criteria:

1. Age:
   • Primary cardholders must be between 21 and 60 years old.
   • Add-on cardholders must be 18 years or older.
2. Residency:
   • The applicant must be a resident of India.
3. Income:
   • Applicants must meet the income requirements set by AU Bank (varies based on location and other factors; specific details are provided during application).
4. Credit Score:
   • A good credit score is essential for approval, typically 700 or higher.

Documents Required for AU Bank Zenith Credit Card:

1. Proof of Identity:
   • Aadhaar Card, Passport, PAN Card, or Voter ID.
2. Proof of Address:
   • Aadhaar Card, Utility Bills (not older than 3 months), Passport, or Driving License.
3. Proof of Income:
   • Latest salary slips (for salaried individuals) or IT returns (for self-employed individuals).

How to Activate AU Bank Zenith Credit Card Online:

AU 0101 Mobile App:

• Download the AU 0101 app from the Google Play Store or Apple App Store.
• Log in using your registered mobile number.
• Navigate to the “Credit Cards” section.
• Select your Zenith Credit Card and follow the on-screen instructions to activate it.

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