A Guide to Choosing the Perfect AU Bank Credit Card: Spotlight on the AU Zenith Credit Card
A premium credit card not only assures rapid availability of credit, but it even grants access to discounts, privileges, and a touch of elegance. Figuring out the ideal premium credit card has never been simpler and if you want a card that offers unique travel advantages, accelerated rewards as well as exceptional services, AU Small Finance Zenith car is the prudent option for you. Let’s take a closer look at the features and benefits of this credit card and how they might complement and enhance your lifestyle.
Features of the AU Zenith credit card
⮚ Accelerated Rewards
The AU Zenith Credit Card offers reward points depending on distinct categories of spending on retail, permitting you to earn reward points quickly –
∙ International transactions, departmental and grocery: Earn reward points equaling 10 on such categories, encouraging you to shop and earn more reward points.
∙ Dining: Earn reward points equaling 20 per Rs 100 spent at restaurants, allowing you to accumulate reward points when dining out.
∙ Utility, insurance, and telecom transactions: Earn reward points equaling 1 per Rs 100 spent, with maximum reward points of 100 per transaction on telecom and utility spend, incentivizing you to make payment of your bills utilising the credit card.
∙ All other merchant categories: Earn reward points equaling 5 per Rs 100 spent, ensuring you are rewarded for all your transactions.
⮚ Lower Mark-up Fees on International Transactions
The AU Zenith Credit Card offers a reduced cross-currency foreign mark-up fee of just 1.99 per cent. This means that when you use your card for international transactions, the conversion rate from foreign currency to INR will be more favourable, resulting in lower costs for your purchases abroad.
⮚ Quarterly Milestone Benefits
As an AU Zenith Credit Cardholder, you are eligible for quarterly milestone benefits. When you achieve a minimum retail spend of Rs 2 lakhs in a quarter, you will receive vouchers worth Rs 1,000, giving you an added incentive to use your card for purchases.
⮚ Yearly Milestone Benefits
When you spend Rs 8 lakh or more on your credit card during its anniversary year, you will receive a free Epicure membership. This membership grants you access to unique deals and discounts at luxury restaurants and hotels, boosting your overall lifestyle experience.
⮚ Complimentary Lounge Access
The AU Zenith Credit Card provides a variety of complimentary lounge access features to help make your travel experience more pleasant and peaceful.
⮚ Dedicated Concierge Services
The AU Zenith Credit Card provides access to a specialised worldwide concierge service that is accessible 24 hours a day, seven days a week. This service aids you with travel reservations, event reservations, and leisure activities, guaranteeing a smooth and comfortable journey wherever you go.
⮚ Domestic Airport Lounges
Enjoy 2 complimentary accesses per calendar quarter using your VISA Card.
⮚ Railway Lounges
Avail 2 complimentary accesses per calendar quarter using your VISA Card at railway stations.
⮚ International Lounges
Get 2 complimentary accesses per calendar quarter using Priority Pass at participating lounges outside India (usage of priority pass within India is chargeable).
⮚ Comprehensive Protection Cover
The AU Zenith Credit Card provides comprehensive protection coverage to safeguard you and your finances. This includes air accident insurance, card liability protection, purchase protection, travel-related insurance covers, and credit shields, ensuring peace of mind during your travels and daily life.
⮚ Unlimited Fuel Surcharge Waiver
The AU Zenith Credit Card offers an unlimited fuel surcharge waiver at all fuel stations in the country, with a maximum waiver of Rs 1,000 per statement cycle. This feature saves you money on fuel purchases by waiving the additional surcharge usually applied to such transactions.
⮚ XpressEMI
The AU Zenith Credit Card allows you to convert high-value transactions into easy and affordable EMIs with XpressEMI. This feature enables you to manage your finances more effectively by spreading the cost of expensive purchases over a period of time.
Fees and Charges of the AU Zenith Credit Card
• Joining/Annual Membership Fee
The AU Zenith Credit Card has an annual membership fee of Rs 7,999 (excluding GST). This fee covers the exclusive benefits and privileges the card offers, such as accelerated rewards points, complimentary lounge access, and dedicated concierge services.
• Fuel Transaction Surcharge
The card offers a 1 per cent fuel surcharge waiver for transactions at all fuel stations in India, up to a maximum of Rs 1,000 per statement cycle. This benefit helps you save on fuel expenses by reducing the additional costs usually associated with fuel transactions.
• Cash Advance Fees
If you need to withdraw cash using your AU Zenith Credit Card, a cash advance fee of 2.5 per cent of the withdrawn amount will be imposed, with a minimum charge of Rs 100. It is critical to be aware of these fees and only utilise cash advances as needed.
• Revolving Credit Charges
If you do not pay off your credit card debt in full and instead carry it forward, you will be charged a monthly interest rate of 1.99 per cent on the remaining balance. To prevent these fees, pay your credit card balance in full every month.
• Late Payment Charges
If you do not pay at least the minimum amount due by the payment due date, late payment fees will be imposed. These fees range between Rs 100 and Rs 1,100, depending on the overall credit card bill amount. To avoid late payment charges, ensure you make at least the minimum payment before the due date.
• Minimum Amount Due
The minimum amount due on your credit card bill is 5 per cent of the total amount due, with a minimum of Rs 100. Paying the minimum amount due allows you to avoid late payment charges but will result in interest charges on the remaining balance.
• Overlimit Fees
If you exceed your assigned credit limit, an overlimit charge of 2.5 per cent of the overlimit amount will be applied, with a minimum charge of Rs 500. To avoid these charges, monitor your spending and stay within your credit limit.
• EMI Conversion Charges
If you decide to convert a high-value transaction into EMIs, a conversion charge of 1 per cent of the amount being converted will be applied, with a minimum charge of Rs 99. This charge is applied to cover the cost of processing the EMI conversion.
• Outstation Cheque Processing Charges
If you make a payment with an outstation cheque, a processing fee of Rs 25 will be charged. To avoid such charges, use alternate payment means.
Eligibility Parameters –
• Any Indian might place an application for the credit card.
• The age of the card user must be anywhere from 21 to 60 years.
• The add-on card user must be aged 18 years and above.
Final Thoughts
AU Bank Credit Card is a prudent choice for individuals looking for the finest travel credit card that adds elegance to their lifestyle. With distinct benefits such as expedited reward points, thorough protection covers and exclusive lounge access, this premium card meets all your needs and assures a swift and rewarding experience.
Moreover, the AU card’s low charges make it an attractive choice for anyone seeking a card that offers prudent value. So, if you are looking for a card that will assist you live a good lifestyle, the AU Bank credit card is the correct solution for you. So, apply today and start a journey of rewards and perks customised to your particular goals and preferences.
