AU CA Metal Credit Card – Benefits, Fees & Eligibility

Introduction

The AU CA Metal Credit Card, issued by AU Bank, is a premium offering specifically curated for Chartered Accountants in India. This lifetime free metal credit card stands out by providing an exclusive 25% discount on ICAI membership renewal, accelerated reward points on both business and personal spends, and complimentary domestic airport lounge access, making it a valuable tool for both professional and lifestyle needs.

Welcome Benefits

• Receive 2,000 Bonus Reward Points on spending ₹5,000 within 30 days of card activation.
• Get a complimentary dining membership on spending ₹10,000 within 30 days of card activation.

Fees

• Joining Fee: Lifetime Free (No annual membership fee).
• Renewal Fee: Lifetime Free (No annual membership fee).
• Foreign Currency Markup: 1.99%.
• Interest Rates: 3.75% per month (45% per annum).
• Fuel Surcharge Waiver: 1% fuel surcharge waiver (up to ₹250) for transactions between ₹400 and ₹5,000 at all fuel stations across the country.
• Cash Advance Charges: 2.5% of the advanced amount, subject to a minimum of ₹500.

Rewards

• Accelerated Rewards Program:
  • Earn 8 Reward Points on every ₹100 spent on Dining, Travel, Tax Payments, and Software Purchases.
  • Earn 2 Reward Points on every ₹100 for other purchases.
  • Earn 1 Reward Point on every ₹100 spent on Utility and Insurance purchases.
  • Reward earnings are capped at 100 Reward Points per transaction for utility and telecom spends.
  • Reward earnings are capped at 5,000 Reward Points per statement cycle for dining, travel, tax payments, and software purchases.
• ICAI Membership Renewal: Get a flat 25% cashback on renewing your annual ICAI Membership Fee.
• Travel Benefits:
  • Enjoy 2 complimentary domestic airport lounge access visits per calendar quarter.
  • Access dedicated Global Concierge Assistance to customize travel, entertainment, and leisure experiences.
• Zero Processing Fee on Xpress EMI: Convert transactions of a minimum value of ₹2,000 into EMI with zero processing fee. You can club up to 20 billed or unbilled transactions for conversion.
• Comprehensive Protection Cover:
  • Up to ₹50 Lakh Air accident cover.
  • Credit shield of up to ₹5 Lakh.
  • Protection against fraudulent transactions after reporting loss, card counterfeiting, skimming, and online fraud.
  • Purchase Protection covers up to ₹25,000.
  • Travel-related covers for baggage loss, baggage delay, flight delays, loss of a passport, and plane hijack.
• Contactless Card Usage: Make quick and secure payments up to ₹5,000 without entering your PIN by tapping your card or mobile phone with a digitally added card against a POS machine.
• Curated Offers: Exclusive offers on MakeMyTrip (MMT), Times Prime Membership, and Alaya stays.

Rewards Redemption Guide

• Redeem your Reward Points at AU Rewardz, which offers a plethora of options for amazing benefits.

Card Eligibility Criteria

• Self Employed: 25 years to 65 years.
• Salaried: 21 years to 60 years.
• Add-on Cardholders: 18+ years.
• Residency: Resident Indian.

Card Review

The AU CA Metal Credit Card is a specialized, lifetime free metal credit card designed exclusively for Chartered Accountants, offering significant value for both professional and personal use.

• Pros:
  • It is a premium metal credit card with no joining or annual fees, making it lifetime free.
  • Cardholders receive a substantial 25% discount on their ICAI membership renewal fee, which can lead to significant savings.
  • New users benefit from welcome offers, including bonus reward points and a complimentary dining membership upon meeting initial spending requirements.
  • Offers accelerated reward points across key categories like dining, travel, tax payments, and software purchases, along with decent rates for other spends.
  • Features a low foreign currency markup of 1.99%, making it favorable for international transactions.
  • Provides complimentary domestic airport lounge access.
  • Includes robust insurance and protection benefits, such as air accident cover, credit shield, and purchase protection.
• Cons:
  • Despite offering a low forex markup, the card does not provide access to international airport lounges.
• Overall Verdict: This card is an excellent option for Chartered Accountants seeking a premium, feature-rich credit card that supports their professional needs with unique benefits like the ICAI membership discount, while also offering valuable perks for their personal lifestyle, all without the burden of annual fees.

Important Product Details

• A premium metal credit card specifically curated for Chartered Accountants.
• Lifetime Free credit card with no joining or annual membership fees.
• Offers an exclusive flat 25% cashback on ICAI Membership Renewal.
• Provides accelerated reward points on Dining, Travel, Tax Payments, and Software Purchases (8 RP per ₹100).
• Includes 2 complimentary domestic airport lounge access visits per calendar quarter.
• Features a low foreign currency markup of 1.99% on all international transactions.
• Welcome benefits include 2,000 Bonus Reward Points and a dining membership on initial spends.
• Comprehensive protection cover includes up to ₹50 Lakh Air accident cover and ₹5 Lakh Credit Shield.
• Offers Zero Processing Fee on Xpress EMI for transactions of ₹2,000 or more.

Other Details

• AU Small Finance Bank reserves the right to approve or decline applications.
• Dedicated customer support is available via email at creditcard.support@aubank.in for any queries regarding the AU CA Metal Credit Card.
• The card offers contactless payment functionality for quick and secure transactions up to ₹5,000 without a PIN.
• Cardholders can also avail of the AU Royale Savings Account for Chartered Accountants, which features no minimum balance requirement, high interest rates, and complimentary domestic airport lounge access.