AU Small Finance BankAU Bank Purchase Credit Card – Benefits, Fees & Eligibility
Is the AU Bank Purchase Credit Card Right for You?
The AU Bank Purchase Credit Card is best suited for users who prioritize Business, Fuel. With a joining fee of Nil and a renewal fee of Nil, this card offers free entry for new applicants. It offers Not Applicable as its primary reward mechanism.
Key Card Details
Nil
Nil
Not Applicable
Things to Consider
Lacks traditional reward points, cashback, or air miles programs for users.
Primarily designed for corporate use, offering limited benefits for individual spending.
Specific details on other charges are not explicitly provided in the markdown.
Benefits & Features
Reward Type
Not Applicable
Fees & Charges
Joining Fee
Nil
Renewal Fee
Nil
Interest Rates
Extended interest-free credit period of up to 48 days
Fuel Surcharge Waiver
1% fuel surcharge waiver (up to ₹200) for transactions between ₹400 and ₹5,000
Pros & Cons
Pros
Key benefits and features of this card.
Offers a lifetime free structure, eliminating joining and annual fees for corporates.
Provides customisable spend controls, enhancing business expense management efficiency.
Features an extended interest-free credit period of up to 48 days for financial flexibility.
Includes web-based solutions for automated expense reconciliation and monitoring.
Allows restricting card usage at specific merchant categories for better control.
Cons
Key drawbacks and limitations of this card.
Lacks traditional reward points, cashback, or air miles programs for users.
Primarily designed for corporate use, offering limited benefits for individual spending.
Specific details on other charges are not explicitly provided in the markdown.
Does not offer lounge access, golf privileges, or comprehensive insurance benefits.
Product Details
Lifetime free card, offering significant savings for corporate entities.
Customisable spend controls for effective business expense management.
Extended interest-free credit period of up to 48 days.
Web-Based Expense Management Solutions for automated reconciliation.
Ability to restrict card usage at specific merchant categories.
Contactless payment facility for quick and secure transactions up to ₹5,000.
Benefits & Features
Reward Type
Not Applicable
What matters, explained clearly
Introduction
The AU Purchase Credit Card, issued by AU Bank, is a lifetime free corporate credit card designed to streamline business purchases. It offers key differentiating benefits such as customisable spend controls, an extended interest-free credit period of up to 48 days, and simplified consolidated payments, making it an ideal tool for efficient expense management.
Welcome Benefits
- The card is Lifetime Free, meaning it has no joining or annual fee for Corporates.
Fees
- Joining Fee: No joining fee for Corporates.
- Renewal Fee: No annual fee for Corporates.
- Interest Rates: Enjoy an extended interest-free credit period of up to 48 days.
- Fuel Surcharge: A 1% fuel surcharge waiver is available (up to ₹200) for transactions between ₹400 and ₹5,000 at all fuel stations across the country.
- Other Charges: A detailed schedule of charges is available via a provided link on the bank's website.
Rewards
- Expense Management:
- Customisable spend controls to manage business expenses effectively.
- Web-Based Expense Management Solutions to automate reconciliation, monitoring, and spending management.
- Merchant Category Specific Transaction Restrictions allow restricting card usage at selected merchant categories for better expense control.
- Simplified consolidated payments.
- Convenience:
- Contactless convenience for quick and secure payments up to ₹5,000 without entering a PIN by tapping the card or mobile phone against a POS machine.
- Savings:
- 1% Fuel Surcharge Waiver (up to ₹200) for transactions between ₹400 and ₹5,000 at all fuel stations.
Important Product Details
- Lifetime Free Card with no joining or annual fee for Corporates.
- Customisable spend controls.
- Extended interest-free credit period of up to 48 days.
- Simplified consolidated payments.
- Web-Based Expense Management Solutions for automated reconciliation, monitoring, and spending management.
- Ability to restrict card usage at selected merchant categories.
- 1% Fuel Surcharge Waiver (up to ₹200) for transactions between ₹400 and ₹5,000.
- Contactless payment facility for transactions up to ₹5,000 without PIN.
Other Details
- AU Bank has a national presence with 1042 branches & ATMs.
- The bank offers quality services at competitive rates and ample touchpoints for convenient customer service.
- The AU 0101 Mobile App allows users to manage and track transactions, view balance, download account statements, and request cheque books.
- AU Bank has a sustained growth with a balance sheet of over ₹1 lakh crore and serves 30 lakh customers on its app.
- 24x7 customer support is available.
- The card account can be referred to friends and family.