AU Bank Xcite Ace Credit Card – Benefits, Fees & Eligibility

AU Bank Xcite Ace Credit Card

Introduction

The AU Bank Xcite Ace Credit Card is a lifetime-free offering launched on the bank's SwipeUp platform, designed to provide enhanced benefits compared to existing credit cards. It offers attractive cashback rates of up to 3%, which are automatically adjusted against the card's outstanding balance. Cardholders can also enjoy exciting travel privileges, including complimentary access to domestic airport and railway lounges, along with comprehensive travel-based insurance covers. Additional benefits include up to 30% discount on dining, dedicated concierge services, and a device protection plan.

Fees

• Joining Fee: Nil
• Renewal Fee: Nil (The card is lifetime free)
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.49% of the total transaction amount
• Interest Rates: 3.49% Per Month (41.88% Per Annum)
• Fuel Surcharge:
  • 1% fuel surcharge waiver on all fuel transactions.
  • Applicable on transactions worth between Rs. 400 to Rs. 5,000.
  • Maximum waiver capped at Rs. 250 per month.
• Cash Advance Charges: 2.5% of the withdrawn amount or a minimum fee of Rs. 100, whichever is higher.

Rewards

• Cashback Benefits
  • Earn 1% cashback on net monthly spends worth Rs. 7,500 or more.
  • Earn 2% cashback on net monthly spends worth Rs. 12,500 or more.
  • Earn 3% cashback on net monthly spends worth Rs. 20,000 or more.
  • The maximum cashback per statement cycle is capped at Rs. 750.
  • Transactions such as rent payments, fuel purchases, and wallet reloads are not eligible for cashback.
• Movies & Dining
  • Up to 30% discount on dining across more than 300 restaurants.
• Travel
  • Complimentary airport and railway lounge access every year.

  • Domestic Lounge Access

    • Receive 2 complimentary domestic airport lounge visits every quarter.
    • Requires a minimum spend of ₹20,000 each quarter to avail visits.
    • Total of 8 free visits annually.

  • Railway Lounge Access

    • Receive 2 complimentary railway lounge access every quarter, totaling 8 per year.
    • Free lounge access is available in selected cities: New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, and Agra.
    • Supplementary cardholders can also avail of these free railway lounge visits, within the complimentary limit.
• Insurance Benefits
  • Personal accident cover worth Rs. 50 lakhs (specifically for air accidents).
  • Card liability cover worth up to Rs. 2 lakhs (credit shield cover).
  • Purchase protection cover worth up to Rs. 25,000.
  • Travel-based insurance coverage against lost/delayed baggage, flight delay, and loss of passport.
• Lifestyle Benefits
  • Free Device Protection Plan: Offers a complimentary device protection plan on mobile phones.
  • Extended Warranty: Cardholders receive a one-year extended warranty on mobile phones, tablets, laptops, and white goods purchases made with the card.
  • Concierge Benefits: Access to personalized concierge services for:
    • Customized travel, entertainment, or leisure experiences.
    • Booking flights/hotels.
    • Booking golf sessions.
• Fuel Surcharge Waiver
  • Enjoy a 1% fuel surcharge waiver on all fuel transactions.
  • Applicable for transactions between Rs. 400 to Rs. 5,000.
  • The maximum waiver is capped at Rs. 250 per month.

Rewards Redemption Guide

• The cashback earned is directly credited to your card accounts and automatically adjusted against your card’s outstanding balance.

Card Eligibility Criteria

• The applicant’s age should be between 21 to 60 years.
• The supplementary card applicant’s age needs to be a minimum of 18 years.
• The applicant should be a resident of India.
• The applicant should possess a decent credit history.

Card Review

The AU Bank Xcite Ace Credit Card is an excellent choice for individuals looking to upgrade from a mid-level credit card to one offering enhanced benefits without an annual fee. As a lifetime-free card, it delivers strong value through its competitive cashback rates of up to 3%, significant travel privileges including domestic airport and railway lounge access, and notable dining discounts. Coupled with comprehensive insurance benefits, device protection, and concierge services, the card provides a well-rounded package. It is particularly suitable for those seeking higher credit limits and improved cashback earnings compared to their current credit cards.

Important Product Details

• Lifetime Free Credit Card.
• Earn up to 3% cashback on your spends.
• Complimentary railway lounge access every year (2 per quarter).
• Complimentary airport lounge access every year (2 per quarter on meeting spend criteria).
• Save up to 30% on your dining spends.
• 1% fuel surcharge waiver on all fuel purchases.
• Get a free device protection plan for mobile phones.
• Receive a one-year extended warranty on mobile phones, tablets, laptops, and white goods purchases.
• Credit shield cover worth up to Rs. 2 lakhs.
• Personal accident cover worth Rs. 50 lakhs.
• Purchase protection worth up to Rs. 25,000.

Other Details

• The card is issued on the AU Bank's SwipeUp platform.
• It allows users to upgrade from an existing credit card from any other bank.
• How to Apply:
  • Online:
    • Visit the AU Bank’s SwipeUp platform.
    • Enter your mobile number and PAN number registered with the card you wish to upgrade.
    • Enter the first 6 digits of your existing credit card and select the Xcite Ace variant.
    • Compare the benefits of your existing card with the Xcite Ace Credit Card and proceed to apply by filling in the required details.
  • Offline:
    • Visit your nearest AU Bank branch.
    • Apply for the card with the assistance of bank officials.
    • Ensure to carry all necessary documents, including identity proof, address proof, proof of income, and your existing credit card.