AU Spont Credit Card – Benefits, Fees & Eligibility

Introduction

The AU Spont Credit Card is a new offering from AU Bank, designed primarily for small payments and UPI transactions. It provides a straightforward 1% cashback on all UPI, eComm, POS, and contactless spends, with a cap of ₹500 per statement cycle, meaning a monthly spend of ₹50,000 is required to maximize this benefit. The card features a low joining and renewal fee of ₹299 + GST and offers complimentary access to both domestic airport lounges and railway lounges. Positioned as an accessible option, it is available to individuals with a minimum monthly income of ₹10,000, making it an attractive choice for those seeking a foundational credit card with useful travel perks.

Welcome Benefits

• Earn 500 coins on the first UPI transaction made on the AU 0101 App.
• Receive a Complimentary Lifetime-Free Add-on Card, allowing you to extend card benefits to your loved ones.

Fees

• Joining Fee: ₹299 + applicable taxes (GST)
• Renewal Fee: ₹299 + applicable taxes (GST)
• Spend-Based Waiver: Not applicable
• Rewards Redemption Fee: Not applicable
• Foreign Currency Markup: 3.5%
• Interest Rates: 3.75% per month (45% per annum)
• Fuel Surcharge Waiver: 1% waiver for transactions between ₹400 and ₹5,000 at all fuel stations across the country, capped at ₹100 per statement cycle.
• Cash Advance Charges: 2.5% of the withdrawn amount or ₹500, whichever is higher.

Rewards

Cashback Program

• 1% Cashback on all UPI transactions made via any UPI channel.
• 1% Cashback on all other transactions including eComm, POS, and Contactless transactions.
• Cashback is capped at a maximum of ₹500 per statement cycle.
• Cashback is not applicable on spends categorized as Fuel, Rent, Government & Education, Cash Withdrawals, EMIs, and Insurance.

Earn Coins

• Earn never-expiring coins with UPI transactions made using your AU Spont Credit Card.
• Earn 5 coins on each UPI transaction made on the AU 0101 App.
• Earn a bonus of 500 coins on your first UPI transaction made on the AU 0101 App.
• These coins have lifetime validity.

Travel Benefits

• Domestic Airport Lounge Access: Enjoy 2 complimentary access visits to Domestic Airport Lounges per quarter upon achieving ₹20,000 in spends within that calendar quarter.
• Railway Lounge Access: Receive 2 complimentary railway lounge access visits per calendar quarter. Add-on cardholders are also eligible for these railway lounge benefits within the mentioned complimentary visit limit.

Insurance Benefits

• Card Liability Cover: In the unfortunate event of loss of your Credit Card, you will have zero liability on any fraudulent transactions made after reporting the loss to the bank.
• The card also provides protection against Card Counterfeit/Skimming and Online frauds.

Other Benefits

• Fuel Surcharge Waiver: A 1% fuel surcharge waiver is applicable for transactions between ₹400 and ₹5,000 at all fuel stations nationwide, with a maximum waiver of ₹100 per statement cycle.
• Add-on Cards: Extend card benefits to your loved ones with a Complimentary Lifetime-Free Add-on Card.

Rewards Redemption Guide

• Accumulate coins over time and redeem them from the specially curated rewards catalogue available at AU Rewardz.

Card Eligibility Criteria

• Primary Cardholder Age Group:
  • Self Employed: 25 years to 65 years
  • Salaried: 21 years to 60 years
• Add-on Cardholder Age: Should be over 18 years.
• Residency: Must be a Resident Indian.
• Minimum Monthly Income: ₹10,000 (Please note: Criteria is indicative; final approval is subject to AU Small Finance Bank's discretion.)

Card Review

The AU Spont Credit Card is a competitive entry-level card, particularly beneficial for individuals who frequently use UPI for everyday transactions. Its key strengths include a consistent 1% cashback on a wide range of spends (UPI, eComm, POS, contactless) and a unique system of never-expiring reward coins for transactions via the AU 0101 App. The inclusion of complimentary domestic airport and railway lounge access, along with a lifetime-free add-on card, provides significant value for a card with such a minimal annual fee.

However, the card's main limitation is the relatively low cashback cap of ₹500 per statement cycle, requiring a substantial ₹50,000 in monthly spending to maximize this benefit, which may not be ideal for high spenders. While it offers strong foundational benefits, the absence of explicit welcome benefits (aside from the first UPI transaction bonus coins) and a spend-based waiver for the annual fee could be areas for improvement. Overall, the AU Spont Credit Card is an excellent choice for first-time credit card users and those who prioritize cashback on digital and small transactions, along with valuable lounge access for occasional travel within India.

Important Product Details

• Earn 1% cashback on all UPI, eComm, POS, and contactless transactions.
• Cashback is capped at ₹500 per statement cycle.
• Cashback is not applicable on Fuel, Rent, Government & Education, Cash Withdrawals, EMIs, and Insurance spends.
• Earn never-expiring coins, including 5 coins per UPI transaction on the AU 0101 App and 500 coins on the first UPI transaction on the app.
• Offers 2 complimentary domestic airport lounge visits per quarter on spending ₹20,000 in a calendar quarter.
• Provides 2 complimentary railway lounge visits per calendar quarter.
• Includes a 1% fuel surcharge waiver (up to ₹100 per cycle) on transactions between ₹400 and ₹5,000.
• Comes with a Card Liability Cover against fraudulent transactions, counterfeiting, skimming, and online frauds.
• Features a low joining and renewal fee of ₹299 + GST.
• Foreign currency markup is 3.5%.
• Interest rate is 3.75% per month (45% per annum).

Other Details

• Card Type: The AU Spont Credit Card is available in both physical and virtual variants.
• Contactless Convenience: Tap and pay securely at participating merchants for amounts up to ₹5,000 without needing to enter a PIN.
• Xpress EMI: Convert transactions of ₹500 and above (with a minimum total value of ₹2,000) into EMIs. Up to 20 billed or unbilled transactions can be clubbed together for conversion.
  • EMI Conversion Channels:
    • AU 0101 App (2-steps for EMI conversion)
    • Net-Banking
    • Auro Chat-bot
    • WhatsApp Banking (Just write "Hi" on 8383838399)
    • On Call (Customer Care team at 1800 1200 1500)
    • IVR (Interactive Voice Response)
• Best Suited For: Shopping
• Reward Type: Cashback