AU Bank Altura Credit Card – Review, Eligibility, Online Application & How to Apply for AU Bank Altura Credit Card

The AU Bank Altura Credit Card is a premium credit card offered by AU Small Finance Bank, a leading financial institution in India. This credit card comes with a host of features and benefits, making it a popular choice among customers. The card is designed to provide customers with a seamless and rewarding experience, whether they are shopping, traveling, or dining.

With the AU Bank Altura Credit Card, you can earn reward points every time you swipe the credit card for shopping, dining, and international spending. The annual fee of the credit card is Rs.199.

Key Highlights of the AU Bank Altura Credit Card

  • Get 5% cashback when you spend Rs.2,500 within the first 60 days of card setup.
  • Get 2% cashback on utility bill payments. (Maximum cashback is Rs.50 per statement cycle)
  • Get a 1% waiver on the fuel surcharge when you use the AU Bank Altura Credit Card to buy fuel at any fuel station in India.
  • Get an additional Rs.50 cashback when you spend Rs.10,000 in every statement cycle.
  • Get 2% cash back on grocery and departmental stores.

AU Bank Altura Credit Card Review

Credit cards have become an integral part of our lives, providing us with a convenient and secure way to make payments. In recent years, there has been a surge in the number of credit cards offered by various banks and financial institutions. One such credit card that has gained popularity in recent times is the AU Bank Altura Credit Card. In this article, we will take a comprehensive look at this credit card and explore its various features, benefits, and drawbacks.

See also: AU Bank Zenith Credit Card

Features and Benefits of the AU Bank Altura Credit Card

Features of AU Bank Altura Credit Card

Welcome benefits:

  • Get 5% cashback when you spend Rs.2,500 within the first 60 days of card setup.
  • You can get a maximum cashback of up to Rs.150 per statement cycle.
  • Get an additional Rs.50 cashback when you spend Rs.10,000 in every statement cycle.

Cashback benefits:

  • Get 2% cash back on grocery and departmental stores.
  • Get 2% cashback on utility bill payments. (Maximum cashback is Rs.50 per statement cycle)
  • You get 1% cash back on other spends.

Fuel benefits:

  • Get 1% waiver on the fuel surcharge when you use the AU Bank Altura Credit Card to buy fuel at any fuel station in India.
  • The transaction amount has to be between Rs.400 and Rs.5,000.

Milestone benefits:

  • Get an additional Rs.50 cashback when you spend Rs.10,000 in every statement cycle.

Railway lounge benefits:

  • Get 2 free¬†railway lounge visits¬†every calendar quarter at railway stations in:
    1. New Delhi
    2. Kolkata (Sealdah)
    3. Jaipur
    4. Ahmedabad
    5. Agra
    6. Madurai

Equated Monthly Instalment (EMI) benefits:

  • Easily convert transactions of Rs.2,000 or more into EMIs.
  • You can book an XpressEMI, by calling the bank’s customer care number at 180012001500.

Insurance benefits:

  • Card Liability Cover:
    1. Incur Zero liability if your lost credit card has been used to make fraudulent transactions after you have reported the loss of the card.
    2. Get protection against credit card skimming, online frauds, and card counterfeiting.

See also: AU Bank Vetta Credit Card

Benefits of AU Bank Altura Credit Card

Benefits of the AU Bank Altura Credit Card Apart from the features mentioned above, the AU Bank Altura Credit Card comes with several benefits, including:

  • Contactless Payments: The card supports contactless payments, making transactions faster and more secure.
  • Zero Lost Card Liability: In case of a lost or stolen card, customers are not liable for any fraudulent transactions.
  • Easy EMI Option: Customers can convert their high value transactions into easy EMIs, making it easier to manage their finances.
  • 24/7 Customer Support: The bank offers 24/7 customer support, ensuring that customers can get assistance whenever they need it.

Drawbacks of the AU Bank Altura Credit Card While the AU Bank Altura Credit Card offers several benefits, there are some drawbacks to the card, including:

  • High Annual Fee: The card comes with a high annual fee of Rs. 4,999, which may not be affordable for everyone.
  • Limited Acceptance: The card may not be accepted by all merchants, making it inconvenient for customers.

Redemption of Points Earned on AU Bank Altura Credit Card

  • E-vouchers of partner brands
  • Merchandise on the AU Bank catalog
  • Hotel room bookings
  • Flight ticket bookings
  • Mobile/Direct-to-home (DTH) recharges

Eligibility Criteria to Apply for the AU Bank Altura Credit Card

  • The add-on cardholder has to be more than 18 years old.
  • As the primary cardholder, your age has to be between 21 years and 60 years.
  • You have to be a resident of India to apply for a credit card.

How to Apply for AU Bank Altura Credit Card

If you are interested in applying for the AU Bank Altura Credit Card, you can follow the steps mentioned below:

Step 1: Check Eligibility Before applying for the card, you should check if you meet the eligibility criteria. The eligibility criteria for the AU Bank Altura Credit Card may vary, but typically include:

  • Age: The applicant should be between 18 to 70 years old
  • Income: The applicant should have a minimum income of Rs. 10 lakhs per annum
  • Credit Score: The applicant should have a good credit score

Step 2: Gather Required Documents You will need to gather the following documents before applying for the AU Bank Altura Credit Card:

  • Identity Proof: PAN Card, Aadhaar Card, Passport, Voter ID, Driving License, etc.
  • Address Proof: Aadhaar Card, Passport, Utility Bills, Bank Statements, etc.
  • Income Proof: Salary Slips, Form 16, Income Tax Returns, etc.

AU Bank Altura Credit Card Online Application

Step 3: Apply Online Once you have checked your eligibility and gathered the required documents, you can apply for the AU Bank Altura Credit Card online. You can visit the official website of AU Small Finance Bank and click on the “Credit Cards” section. From there, you can select the AU Bank Altura Credit Card and click on “Apply Now.” Fill in the required details and upload the necessary documents.

Step 4: Verification and Approval After submitting the application, the bank will verify the details and documents provided by you. If you meet the eligibility criteria and your documents are in order, the bank will approve your credit card application.

Step 5: Receive the Card Once your application is approved, the bank will dispatch the AU Bank Altura Credit Card to your registered address. You can activate the card by following the instructions provided by the bank.

See also: AU Bank Altura Plus Credit Card

Fees and Charges of the AU Bank Altura Credit Card

Type of charge Fee
Joining fee NIL
Annual fee Rs.199
Fee for an add-on card NIL
Revolving credit charge 3.49% per month (41.88% annually)
Cash advance fee 2.5% of the amount withdrawn, subject to a minimum of Rs.100
Limit for cash advance 40% of the credit limit
Minimum repayment amount 5% or minimum Rs.100
Overlimit charges 2.5% of over limit amount, subject to a minimum of Rs.500
Fee for redeeming reward points NIL
Cash processing fee NIL
Fee for processing an outstation cheque Rs. 25
Processing fee for a balance transfer
  • 1% of the balance transfer amount
  • This fee is subject to a minimum amount of Rs.250
Credit card validation fee at lounges Rs.2
EMI conversion fee
  • 1% of the amount you convert into EMIs
  • The EMI conversion fee is subject to a minimum of Rs.250
The charge for Priority Pass Lounge $27 plus taxes per person for every visit
Foreign currency mark-up fee 3.49%
Fee for duplicate physical statement request Rs.100
Fee for reissue of lost/damaged/stolen credit card Rs.100
Goods and Services Tax (GST) 18%
Late Payment Charges
Outstanding amount Late payment fee
Less than Rs.100 NIL
Rs.100 to Rs.500 Rs.100
Rs.501 to Rs.5,000 Rs.400
Rs.5,001 to Rs.20,000 Rs.500
More than Rs.20,000 Rs.700

FAQs on AU Bank Altura Credit Card

  1. What is the AU Bank customer care number?The AU Bank customer care number is 180012001500.
  2. How do I book an XpressEMI?You can call 180012001500 and book an XpressEMI.
  3. Do I earn reward points when I use the card for purchasing fuel?No, you do not earn reward points when you buy fuel with the AU Bank Vetta Credit Card.

Conclusion

The AU Bank Altura Credit Card is a premium credit card that comes with a range of features and benefits. It offers high welcome benefits, a generous rewards program, and several travel and fuel benefits. However, it also comes with a high annual fee and limited acceptance. If you are a high net worth individual who travels frequently and spends on dining, entertainment, and utility bills, the AU Bank Altura Credit Card may be a good option for you.

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