AU Bank Altura Credit Card 2024

AU Small Finance Bank is an Indian-based commercial small finance bank which is based in Jaipur, Rajasthan. This bank is also known for being the largest tech-driven small finance bank in India. The AU Bank Altura Credit Card comes with various cashback offers and discounts on purchases of products from various categories using the card. The card offers luxury and a comfortable experience to its cardholders.

AU Bank Altura Credit Card offers its cardholders an additional income of INR 50 every month for completion of milestones of spending INR 10,000 or above. To provide a nice travel experience for its customers, the card offers complimentary lounge access for selected railway stations.

Fees and Charges

• Axis Bank’s Flipkart credit card charges INR 499 excluding GST as the joining fees, and after one year, the card charges annual fees of INR 500 excluding GST. Annual fees are waived off on spending INR 3.5 lakhs.
• Under foreign currency markup, you will be charged 3% of the total amount made through the credit card on international spending.
• The bank charges 2.5% interest on taking advance cash on a minimum withdrawal of INR 500.

AU Bank Altura Credit Card Details

• Sign up to get a 5% cash back on your spending the first 60 days from the store.
• Get a 2% cash back on spend at grocery stores, department stores, and utility bills.
• 1% cashback with this credit card is available to be earned on all other expenses with it.
• On the spending of certain targeted amounts, get the following offer, earn INR 50 cashback every month.
• Additionally, take advantage of opportunities to enjoy free access to some railway lounges in India.
• Mastercard offers convenience with its platinum card by giving a 1% discount on fuel transactions.
• Enjoy zero liability in situations where your card is – stolen or missing.

Advantages and Disadvantages of Flipkart Credit Card

Advantages	Disadvantages
The credit card of AU Small Finance Bank offers 5% cashback on spending money through the card for the purchase of products from retail stores within the first 2 months of card issue.	There is a cap on receiving 5% cashback on the usage of this card. You cannot earn more than this cap.
Additionally, the card offers a 2% cashback reward for spending on groceries, utility bills, and associated other categories.	The lounge access is provided only for railway passengers but is not applicable for air passengers. Most of the individuals these days prefer to fly due to time management and comfort.
The credit card offers railway lounge access for the cardholders. You also get 1% cashback on sending in daily categories.	Earning INR 50 as monthly cashback on completion of milestones will be much less for those who spend high.

AU Bank Altura Credit Card Cashback Offer

There are amazing cashback offers which are categorised differently as below:

• With AU Small Finance Altura Credit card, you can earn 5% cashback on spending through the card within the first 2 months of the card issue.
• You can also earn 2% cash back for using them for making transactions on dining, groceries, paying utility bills, and a few associated categories.
• Cardholders can earn 1% cash back on all other spending made using the Altura credit card.

The cashback offers are not applicable on fuel transactions. It is because you get a fuel surcharge waiver of 1% on every transaction made within India. These cashback offers are typically set by the bank, and therefore you need to check out each of the credit card cashback norms before applying for one as per your preferences.

Welcome Benefits of AU Bank Altura Credit Card

AU Small Finance Altura credit card does not offer any sort of welcome benefits. However, you can earn handsome cashback on spending with the credit card for various categories. You can also get a surcharge waiver of 1% for making fuel transactions within the nation.

Earn Milestone Benefit with AU Bank Altura Credit Card

A cardholder of the AU Bank Altura credit card can earn INR 50 every month as a milestone benefit. This benefit is applicable each month and gets renewed for the next month. You cannot earn the cash back collectively since it expires. Therefore, you should collect it every month. However, the cashback seems to be less for those who make high spends using the credit card.

Travel Benefits on AU Bank Altura Credit Card

AU Small Finance Altura credit card also offers travel benefits for its customers:

• With this credit card, you can earn railway lounge access. You can earn two complimentary railway lounge access. 
• Cardholders can avail of this offer within some of the selected regions and their railways, which include the following: Kolkata, Ahmedabad, Jaipur, New Delhi, Agra, and Madurai.
• The add-on card members can enjoy an additional number of railway lounge access using the credit card.

AU Bank Altura Credit Card VS Flipkart Axis Bank Card VS SBI Credit Card

Joining Fees

Card Name	Joining Fees
AU Bank Altura	The joining amount of this credit card is NIL
Flipkart Axis Bank Card	The joining fee of this credit card is INR 500 (often waived during promotions).
SBI Credit Card	The joining fee charged by SBI simplyclick card is INR 499.

Cashback Max Cap

Card Name	Cashback Max Cap
AU Bank Altura Credit Card	There is a cap of a maximum 5% cashback set by the bank.
Flipkart Axis Bank Card	There is no specific marking made on receiving
SBI Credit Card	There is no capping made on the earnings of cashback for the usage of this credit card.

Reward Rate With Partners

Card Name	Reward Rate With Partners
AU Bank Altura Credit Card	This credit card does not offer any extra cashback for connecting with partnered companies.
Flipkart Axis Bank Card	With this credit card, you can earn 4% cash back if you use the card for partner merchants like Swiggy, Flipkart, Cleartrip, and PVR.
SBI Credit Card	With SBI simplyclick credit card, you can earn 10X rewards with select partners.

Reward Structure

Credit Card Name	Reward Structure
AU Bank Altura	With this credit card, you can earn 5% cashback on retail spending within the first two months of the card issue. Earn 2 and 1% cashback on all other categories like dining, groceries, movies, and others. You also earn a monthly bonus of INR 50 for completing milestones.
Flipkart Axis Bank Card	You can earn 5% cashback on Flipkart and Myntra shopping using the Flipkart credit card. Also, earn 4% cashback on preferred marchandises of the bank and 1.5% cashback on all other spends using the card.
SBI Credit Card	You can earn 10X reward points with partner companies of the bank such as Amazon, Cleartrip, and others. You can also earn 5X on making online transactions and 1 reward point is received on spending every INR 100 on all other categories.

Additional Benefits

1. AU Bank Altura Credit Card: This credit card offers complimentary railway lounge access for its customers, which can be availed at selected railways partnered with the bank. You also get a 1% fuel surcharge waiver with this card. There is zero liability charge on losing the credit card.
2. Flipkart Axis Bank Card: With a Flipkart Axis Bank credit card, you can earn complimentary access to the airport lounge. Along with this, you can get amazing discounts on travel hotels and ticket bookings. It also comes with the welcome benefit of a gift voucher worth INR 600.
3. SBI Credit Card (SimplyCLICK): This credit card offers an e-voucher for customers on completion of card milestones. The annual fee is waived off with meeting up the the criteria spendings of the card. Get a fuel surcharge waiver as

Why Choose the AU Bank Altura Credit Card?

1. Welcome Benefits: The AU Bank Altura Credit Card has the following features at the following terms, welcome benefits among the newcomers. If you spend not less than 2500 within the 60 days of card setup, you qualify for a cashback of 5%. It also attracts customers with an impressive Rs. 150 cashback per statement cycle, helping them to save with their first spending. Moreover, you can receive Rs 50 cashback for every Rs 10,000 you spend within a statement cycle, which shall propel you to maximise utilisation of the card on a regular basis.
2. Cashback Benefits: The card has a simple and beneficial cashback system that will allow you to quickly accumulate points and get a refund. You get cashback of 2% on all the purchases that you make in the grocery and departmental stores thus getting a reduction on essential items. For paying the Utility bills to know the Best offers, it gives 2% cash back with a limit of Rs. 50 per statement cycle meant to lower monthly expenses. Apart from these two categories, for all the other categories, the card offers only 1% cashback and is therefore good for all the other general spending needs.
3. Fuel Benefits: In the following terms and conditions, the Cardholder will be rewarded with Fuel Savings with the help of the AU Bank Altura Credit Card. The facility provided by this card to avail a waiver of 1 % on the fuel surcharge is applicable at any fuel station in India. Especially for this purpose, the company makes use of this benefit that allows users to transact between Rs. 400 and Rs. 5000, which is suitable for recurring fuel expenses to counteract the fuel surcharges.
4. Milestone Benefits: This card has a simple feature to compensate for regular spending by giving certain features at every certain point. Every statement cycle, you get an additional Rs 50 cashback to your account while charging Rs 10,000. It does this by motivating card users to spend more frequently with the card, thereby making the most out of the cash-back incentives on the card, thus making it a more useful item to own for daily usage.
5. Railway Lounge Benefits: Spending one’s holidays must be a lot easier with the free railway lounge access offered by the AU Bank Altura Credit Card. Currently, the cardholders get to access two railway lounges for FREE in every calendar quarter at New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, Agra, and Madurai stations free of charge. These lounges act as comforting facilities that provide services, including internet connectivity, meals, and soft furnishings, providing a boost to your travelling adventure.
6. EMI Conversion Benefit: The AU Bank Altura Credit Card also has a balance transfer feature under which you can transfer balances to the card and get a waived off processing fee. If you have made a purchase of Rs. 2,000 or more, then you are eligible to pay this amount in easy EMIs. For this, one can avail of XpressEMI by either connecting with the bank at customer care number: 1800 1200 1500. This option facilitates the management process associated with the so-called big bucks as they are divided into the course of the subsequent months, and it also reduces the impact of large purchases on the overall budget.

Updated Terms & Conditions of AU Bank Altura Credit Card

There are certain modifications made by the Bank in the recent time with regard to its terms and conditions. Here’s the list of changes:

• With effect from April 1st, 2024, the bank will be charging cash advance charges to credit card holders. The charge will account for a 2.5% fee against the cash withdrawal.
• The 1% of fuel surcharge amount will be refunded to the cardholder account with an Altura card with a maximum spend of INR 100 each month.
• With effect from 1st April 2024, the bank will charge a late payment fee. Here is the category-wise detail:
  1. Spends INR 100 or below: There are no charges
  2. Above INR  100 and up to INR  500:  The card will charge INR 100 
  3. Above INR  500 and up to INR  5,000: The card will charge INR  600 
  4. AboveINR INR  5,000 and up to INR 10,000: The card will charge INR  700 
  5. Above INR  10,000 and up to INR  20,000: The card will charge INR  800
  6. Above INR  20,000 and up to INR  50,000: The card will charge INR 1100 
  7. Above INR  50,000: The card will charge INR 1300

Who Can Apply for an AU Bank Altura Credit Card?

There are certain factors that an AU Bank considers while giving approval for the issue of an AU Bank Altura Credit Card. Here’s a detailed understanding of this:

• Age Requirement: The application process for the AU Bank Altura Credit Card asks that prospective cardholders’ age should be between 21 and 60 years of age. This age range makes it possible for the issuer to reach as many people as possible within the career bracket of young people, those with growing careers, middle-aged people, and those in their pre-retirement ages. It is often associated with relative financial stability and the ability to meet credit card responsibilities in a proper manner.
• Minimum Income Requirement: AU Bank Altura Credit Card comes with certain minimum criteria for applicants, one of such requirements being that the applicant must earn at least Rs. 15,000 per month. This income threshold provides an indication or assurance that the cardholders are in a position to make monthly repayments and also use the card diligently. It also makes the card available to a wider group of clients besides experienced and well-off professionals and business people.
• Nationality: The AU Bank Altura Credit Card exists for Indian residents and also people living in other countries but have Indian nationality known as Non-Resident Indians (NRIs). This inclusion is useful in ensuring that the various applicants, those who are within the country and those in the Diaspora form a part of the process. Anytime understands AU bank’s focus of covering many and many different customers, focusing on the financial needs of those NRIs who still have connections with India and want a banking solution that meets up with their international standards.
• Add-On Cardholder Requirement: For anyone wishing to be an add-on cardholder, you must be above 18 years of age for an add-on card holder. This provision ensures that children, spouses, parents or any other related member may be accompanied by the primary credit card holder and must be above the stated age.

These conditions of eligibility confirm that the AU Bank Altura Credit Card service can be obtained by a wide range of clients, so the clients of AU Bank use the financial services and obtain certain advantages at the achievement of the indicated age, income and nationality.

Documentation Required for AU Bank Altura Credit Card Approval

1. Proof of Identity: The documents which are valid for address proof are an Aadhaar card, Passport, Voter ID, Bank statement or passbook, Post office account statement, and Post office account holder’s photograph or ID card. Laws require that these documents be used in the identification of the applicant in the seed application. Neither a full passport nor identification card serves this purpose; just one of these shall suffice as proof of identity.
2. Proof of Address: While uploading the Aadhaar card, passport, Voter ID card, driving licence, utility bills, or rental agreement documents for the address proof, applicants can affix the Computational Theory of Photography logo beside the date and address written on the documents. These documents were used to determine the current residential address of the applicant. It must be noted that it is permissible for the applicant to submit only one document that will sufficiently prove the address.
3. Proof of Income: Salaried people should submit the latest salary slip, bank statements indicating Salary credit, or Form 16/ITR. For the self-employed, additional documents may be required, including Bank statements, income tax returns, business continuity plans, and business financial accounts. These documents assist in confirmation of the financial capacity of the applicant.
4. Photograph: A recent passport-size photograph is essential in the process of applying for a PPU. This photograph is used for identification of the person; thus in cases of illegitimate use of the credit card, the owner and the fraudster will be distinct. It should be as recent as possible and preferably the clearest to allow for proper identification of the individual.

Application Process for AU Bank Altura Credit Card

1. Go to AU 0101 App: Start with the login process to the AU 0101 App and move to the ‘Offers’ option.
2. Check for Pre-Approved Offers: If you haven’t already, see if you meet the criteria for any pre-approved Credit Cards. This step makes it less cumbersome and easier for you in the overall application of what you have been provided for.
3. Navigate to the Credit Card Section: If you are unable to get pre-approved offers, go to the main menu section for more details. Then, go to the Credit Card division and click on ‘Please click here to apply now’.
4. Provide Contact Information: As a part of the process of applying online, your mobile number and Permanent Account Number (PAN) are required.
5. Select Customer ID: To continue with the process, select your Customer ID from the options availed and click on ‘Next’.
6. Verify Aadhaar Number (If Asked): If needed, you could confirm your Aadhaar Number for the application to continue.
7. Enter Personal and Employment Details: Make sure that you are filling in the correct residential and contact addresses, as well as the correct personal information and employment details. This makes sure that they have gone through the application in a proper manner as required.
8. Choose Your Preferred Credit Card: When choosing your Credit card, ensure that it reflects the necessary characteristics of the card and your ability to access it.
9. Upload KYC Documents: If need be put up the valid address proof documents to help you complete the application process.
10. Submit Application: Once a user enters all the details, they should verify the entered details before submitting his or her application. This commences the procedure of the AU Small Finance Altura Credit Card application for you.

FAQs