AU Bank Xcite Credit Card – Benefits, Fees & Eligibility

AU Bank Xcite Credit Card

Introduction

The AU Bank Xcite Credit Card is an entry-level offering from AU Small Finance Bank, part of their Swipe Up platform designed for upgrading credit cards from any issuer. This lifetime free card provides decent reward rates and benefits across various categories, making it an affordable and rewarding choice for individuals looking to enhance their existing entry-level credit cards. Cardholders can earn up to 15 Reward Points on every Rs. 100 spent and benefit from perks like free railway lounge access and device protection plans.

Fees

• Joining Fee: Nil
• Renewal Fee: Nil
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.49% of the total transaction amount
• Interest Rates: 3.49% per month (41.88% annually)
• Fuel Surcharge: 1% waiver on fuel purchases between Rs. 400 and Rs. 5,000, capped at Rs. 250 per month.
• Cash Advance Charges: 2.5% of the withdrawn amount, subject to a minimum of Rs. 100 (whichever is higher).

Rewards

• Movies & Dining:
  • Up to 30% discount on dining across over 300 partnered restaurants.
  • 15 Reward Points on every Rs. 100 spent on movies and dining.
• Shopping & Groceries:
  • 15 Reward Points on every Rs. 100 spent on groceries and departmental stores.
• General Spends:
  • 2 Reward Points on every Rs. 100 spent on retail purchases.
  • 2x Reward Points on all retail spends made between the 1st and 5th of every month.
  • Fuel and wallet transactions are not eligible for reward points.
• Travel & Lounge Access:
  • 2 complimentary railway lounge access every quarter (total 8 per year).
  • Free railway lounge access is available in selected cities: New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, and Agra.
• Insurance & Protection:
  • Complimentary device protection plan for mobile phones.
  • 1-year extended warranty on selected electronic products, including mobile phones, laptops, tablets, and white goods.

Rewards Redemption Guide

• Reward Points can be redeemed via the AU Rewardz portal.
• Redemption options include products, gift vouchers, and travel-related bookings.
• Redemption value: 1 Reward Point = Re. 0.25.

Card Eligibility Criteria

Eligibility Rules

• Applicant's age must be between 21 and 60 years.
• Supplementary card applicants must be a minimum of 18 years old.
• Applicant must be an Indian resident.
• Applicant should possess a decent credit history.
• The card is available for individuals holding an existing credit card from any other bank, seeking an upgrade.

Documents Required

• Identity proof.
• Address proof.
• Proof of income.

Card Review

• The AU Bank Xcite Credit Card is highly suitable for individuals who currently hold basic or entry-level credit cards and are looking for an upgrade with enhanced benefits and a better credit limit, without incurring annual charges.
• It is considered one of the best lifetime free cards in the Indian market due to its competitive reward rates and additional perks.
• Pros: Lifetime free, higher reward rates compared to entry-level cards, better credit limits, valuable benefits like railway lounge access and device protection.
• Recommendation: An excellent choice for upgrading your credit card experience. For those seeking more premium benefits, AU Bank also offers the Xcite Ace and Xcite Ultra Cards.

Important Product Details

• Lifetime free credit card (no joining/annual fee).
• Up to 15 Reward Points on every Rs. 100 spent on specific categories (dining, movies, groceries, departmental stores).
• 2x Reward Points on retail spends made between the 1st and 5th of every month.
• Complimentary railway lounge access (2 per quarter, 8 per year).
• Free device protection plan and extended warranty on selected electronic purchases.
• Up to 30% discount on dining across over 300 partnered restaurants.
• 1% fuel surcharge waiver (maximum Rs. 250 per month).
• Best suited for shopping due to higher reward points on departmental stores and groceries.

Other Details

• The card is offered through AU Small Finance Bank's Swipe Up platform, allowing customers to upgrade their existing credit cards from any issuer.
• Application Process:
  • Online: Visit the AU Bank's SwipeUp platform, provide mobile and PAN linked to an existing credit card, enter the first 6 digits of the existing card, select the Xcite variant, compare benefits, and proceed with the application.
  • Offline: Visit the nearest AU Small Finance Bank branch and apply with the assistance of bank officials, ensuring all necessary documents are carried.