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

Introduction

The AU Xcite Ultra Credit Card, issued by AU Small Finance Bank, is positioned as the most premium and rewarding option within the bank's SwipeUp platform. This card offers a compelling value proposition with top benefits including an attractive reward rate of up to 12 Reward Points for every ₹100 spent on international transactions, along with monthly and milestone bonus reward points. Cardholders also enjoy complimentary access to domestic airport and railway lounges, and comprehensive travel insurance coverage of up to ₹50 lakh, making it well-suited for frequent travelers and shoppers.

Welcome Benefits

• Get 500 bonus Reward Points on spending ₹5,000 or more within the first 5 days of a month. Expenses related to rent, wallet transactions, fuel, EMI (Equated Monthly Installments), and cash will not be considered for this benefit.

Fees

• Joining Fee: ₹749 + GST
• Annual Fee: ₹749 + GST
• Spend-Based Waiver: Annual Fee Waiver on spends of ₹2 Lakh or more.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.49%
• Interest Rates: 3.75% Per Month, which is 45% Annually.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions between ₹400 and ₹5,000. The maximum waiver per statement cycle is capped at ₹200 per month.
• Cash Advance Charges: 2.5% subject to a minimum of ₹500.

Rewards

• Reward Type: Reward Points
• Reward Rates:
  • 4 Reward Points on every offline purchase of ₹100.
  • 8 Reward Points on every online spend of ₹100.
  • 12 Reward Points on every international transaction of ₹100.
• Milestone Benefits:
  • Get 500 bonus Reward Points on spending ₹5,000 or more within the first 5 days of a month. Expenses related to rent, wallet transactions, fuel, EMI, and cash will not be considered.
  • Get 5,000 bonus Reward Points on spending ₹2.5 lakhs or more in the previous anniversary year.
• Travel Benefits:
  • 2 complimentary domestic airport lounge access every quarter, totaling 8 free visits every year.
  • 8 complimentary railway lounge access every year, capped at 2 per quarter.
    • The free railway lounge access is available only in selected cities, including Kolkata (Sealdah), Jaipur, and Agra.
    • Add-on credit cardholders can also avail of free railway lounge access within the complimentary visits for primary cardholders.
  • Travel-based insurance coverage against flight delay, lost/delayed baggage, loss of passport, etc.
• Insurance Benefits:
  • Personal accident cover worth ₹50 lakhs.
  • Purchase protection cover worth up to ₹25,000.
  • Credit liability cover worth up to ₹2 lakhs.
• Other Benefits:
  • Complimentary device protection plan on electronic devices (mobile phones).
  • Cardholders receive a one-year extended warranty on mobile phones, tablets, laptops, and white goods purchased.
  • Dedicated concierge services for customized travel, entertainment, or leisure experiences, booking of flights and hotels, and booking of golf sessions.
  • Opportunity to grab 20+ OTT subscriptions & 40+ top brand offers with a 1-Year Times Prime membership @₹1 by using the VISA variant of the card.
• Reward Exclusions: You do not earn any reward points on rent, fuel, education, government transactions, or wallet reloads.

Rewards Redemption Guide

• The earned reward points can be redeemed against various options via the AU Rewardz portal.
• The redemption rate is 1 Reward Point = Re. 0.25.
• Reward points can be converted to cash.
• A rewards redemption fee of ₹99 + GST applies.

Card Eligibility Criteria

• The primary card applicant’s age should be between 21 and 60 years.
• The add-on card applicant must be at least 18 years old.
• The cardholder should be a resident of India.
• The applicant should possess a decent credit history.

Card Review

The AU Xcite Ultra Credit Card is considered a great deal, offering a decent number of reward points on all spending categories, with the potential to earn up to 5,500 bonus reward points annually. It provides a wide range of benefits across categories such as travel, insurance, and concierge services. This card is well-suited for individuals looking for a premium card with strong rewards, travel perks, and comprehensive insurance coverage, especially if they qualify for an upgrade through the SwipeUp platform.

Important Product Details

• High reward rates, particularly for international transactions (12 Reward Points per ₹100).
• Monthly bonus of 500 Reward Points and an annual milestone bonus of 5,000 Reward Points.
• Complimentary domestic airport and railway lounge access.
• Comprehensive insurance benefits including personal accident cover, purchase protection, credit liability cover, and travel insurance.
• Complimentary device protection plan and extended warranty on electronic purchases.
• Dedicated concierge services.
• Annual fee waiver on spending ₹2 lakhs or more.
• No reward points are earned on specific categories like rent, fuel, education, government transactions, or wallet reloads.
• A rewards redemption fee of ₹99 + GST applies.
• Foreign currency markup of 3.49%.

Other Details

• The AU Xcite Ultra Credit Card is part of AU Small Finance Bank's SwipeUp platform, which allows users to upgrade their existing credit cards.
• It is the most premium and rewarding option among the AU Xcite, Xcite Ace, and Xcite Ultra cards available under the SwipeUp platform.
• The credit limit for this card would depend upon the previous card from which the user is getting upgraded.
• The card is available in both Visa and RuPay variants.