AU Bank Altura Plus Credit Card Review
The AU Bank Altura Plus Credit Card is meant for individuals who want money in their spending. This card is popular with cashback and reward features and exclusive benefits like access to railway lounges. Here it goes into detail features and benefits of this card along with its terms.
Key Highlights of AU Bank Altura Plus Credit Card
- Annual Fee: Rs. 499 + applicable taxes (with waiver options).
- Reward Points: Attractive cashback and reward programs.
- EMI Conversion Facility: For purchases above Rs. 2,000.
- Railway Lounge Access: 2 complimentary visits per quarter.
- Ideal For: Cashback, rewards, and milestone benefits.
- Eligibility: Indian residents aged 21 to 60 years.
Features and Benefits
Welcome Offers
- Receive vouchers worth Rs. 500 on spending Rs. 10,000 during the first 60 days of card activation. Hence, the initial experience appears rewarding.
Cashback Benefits
- You get 1.5% cashback on stuff bought at physical stores, with a cap of Rs. 100 for each statement cycle.
- After crossing the cashback limit, 1 point for every Rs.100 on retail spends, less fuel.
Reward Points
- 2X reward points on online retail transactions, earning more for digital spenders.
- You get 1 reward point for every Rs. 100 you spend on utilities, education, insurance, rent, and government payments.
Milestone Rewards
- Enjoy 500 bonus reward points for retail transactions amounting to Rs. 20,000 or more in a calendar month, excluding fuel and cash withdrawals.
Complimentary Railway Lounge Access
- Complimentary Railway Lounge Access You can get 2 free visits to railway lounges every quarter at cool spots like New Delhi, Jaipur, Ahmedabad, Kolkata, and Agra. This amazing offer is for both the main cardholders and those with add-on cards.
Fuel Surcharge Waiver
- Receive a 1% waiver on fuel surcharges for transactions between Rs. 400 and Rs. 5,000. The maximum waiver per statement cycle is Rs. 150.
Comprehensive Protection
- Zero liability on fraudulent transactions after reporting card loss.
- Coverage includes cases of skimming, counterfeit, and online frauds.
Contactless Payments
- Tap-and-pay convenience for purchases up to Rs. 5,000 at participating merchant outlets.
XpressEMI Feature
- XpressEMI Feature Convert transactions of above Rs. 2,000 into easy EMIs, which can help financial flexibility.
Fees and Charges
Membership Fees
- Joining Fee: Rs. 499 + applicable taxes (waived on spending Rs. 20,000 within the first 90 days of card issuance).
- Annual Fee: Rs. 499 + applicable taxes (waived on annual spends exceeding Rs. 80,000).
Other Charges
| Fee Type | Charges |
|---|---|
| Cash Advance Fee | 2.5% of the amount (minimum Rs. 100). |
| Interest Rate on Revolving Credit | 3.49% per month. |
| Foreign Currency Markup | 3.49%. |
| Overlimit Charges | 2.5% of the overlimit amount. |
| Late Payment Fees | Rs. 100 – Rs. 700 (based on dues). |
| EMI Conversion Charges | Minimum Rs. 250. |
Eligibility Criteria
Primary Cardholder
- Age: 21 to 60 years.
- Residency: Must be a resident of India.
Add-on Cardholder
- Minimum age: 18 years.
Required Documents
- Identity Proof: Aadhaar Card, Passport, Voter ID, or Driving License.
- Address Proof: Utility Bills, Passport, or Voter ID.
- Income Proof: Recent salary slips, Form 16, or IT returns.
How to Apply for AU Bank Altura Plus Credit Card
- You should go to the AU Bank website and then to Credit Cards.
- Apply for your AU Bank Altura Plus Credit Card by clicking ‘Apply Now’.
- Fill in your personal, employment, and income details in the application form.
- Verify your mobile number with an OTP.
- Submit the form. Post submission, a bank representative will guide you through the next steps.
Redemption Options for Reward Points
Reward points can be earned as a trade-off for:
- E-Vouchers Redeemable at AU Bank’s partner brands.
- Merchandise: Select from the rich catalog offered by the bank.
- Travel: Use your points to book flights and hotels.
- Hey, go for mobile and DTH recharges.
Why Choose the AU Bank Altura Plus Credit Card?
It is a very amazing credit card that serves both orthodox and techno-savvy in terms of spending. It gives rewards, cashback, milestone benefits hence making it one of the best options for those viewing maximum value from their daily spendings. It also covers EMI conversion and fraud protection.
Pros:
- Comprehensive cashback and reward system.
- Milestone bonuses for high spenders.
- Exclusive railway lounge access.
- Zero liability for fraudulent transactions.
- Flexible EMI options.
Downsides:
- Cashback is capped at Rs. 100 per statement cycle.
- Higher foreign currency markup at 3.49%.
Final Thoughts
The AU Bank Altura Plus Credit Card is a good option if you want to have the rewards while staying safe. It has a pretty good fee setup and comes with loads of features that fit different spending styles, making it a great deal all around. If you’re someone who travels a lot, shops often, or just loves the ease of contactless payments, this credit card makes sure you get the best deal every time you use it.
AU Bank completely understands what contemporary consumers need, and for this reason, they have successfully come up with a product that serves most of the population, hence it has become the number one card both for novices and for more experienced users.
Frequently Asked Questions (FAQs)
Q1: List the key benefits of the AU Bank Altura Plus Credit Card.
It provides you with cash back for any shopping, rewards for everything on the internet and expenses, milestone rewards, and free access to railway lounges.
Q2:Are the joining fees as well as yearly membership fee waived
The joining fee is waived if a one spends Rs. 20,000 within 90 days of card setup and an annual fee is waived when spends reach Rs. 80,000 in one year.
Q3: Can I use this card for EMI transactions?
Yes, transactions of Rs. 2,000 or more can be converted into EMIs using the XpressEMI feature.
Q4: Where may I report a lost card or fraudulent transactions?
Call AU Bank’s 24/7 customer care at 1800-1200-1500 and report and block your card right away.
Q5: Is the AU Bank Altura Plus Credit Card contactless-enabled?
Yes, the card supports tap-and-pay for purchases up to Rs. 5,000 at participating merchants.
Braj Verma is a resident of Rajgarh in Madhya Pradesh and is a content writer and freelancer by profession. He has a degree in Political Science from Barkatullah University, Bhopal. He has expertise in subjects like credit cards, banking, loan, insurance, political analysis and digital marketing.