CheQ AU Credit Card VS CRED IndusInd Bank RuPay Credit Card
Both CheQ AU Credit Card and CRED IndusInd Bank RuPay Credit Card suit shopping-focused spenders, but they earn and cost differently. CheQ AU Credit Card is lifetime-free and earns up to 12% on select brands; 5% on other online spends; 2.5% on CheQ UPI; 1% on all other transactions. CRED IndusInd Bank RuPay Credit Card is lifetime-free and earns 5% back as CRED Points on E-commerce, CRED transactions & CRED UPI spends; 1% on other transactions. CheQ AU Credit Card also brings not available on the CheQ AU Credit Card, while CRED IndusInd Bank RuPay Credit Card counters with no Joining Fee: The card comes with a Nil joining fee. If travel spending matters more, go with CheQ AU Credit Card; if shopping is the priority, CRED IndusInd Bank RuPay Credit Card fits better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
CheQ AU Credit Card
CRED IndusInd Bank RuPay Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
India's first LED-enabled credit card offers a unique and visually engaging payment experience.
High reward rates up to 12% on popular brands and categories like shopping, travel, and utilities.
Lifetime free for the standard variant, making it an attractive option with no annual fees.
Receive both a Visa (LED) and RuPay card with a single application, offering great versatility.
Uncapped base rewards ensure continuous earning even after reaching accelerated rewards limits.
Pros
Key benefits and features.
5% rewards on all online spends without merchant restrictions.
Up to 5% savings on co-branded spends, including UPI transactions made via the CRED app.
Enjoy a favorable 1:1 rewards redemption ratio for travel bookings and CRED Store purchases.
The card comes with a Nil joining fee, making it accessible without upfront costs.
Cons
Key drawbacks and limitations.
Accelerated rewards are capped at 12,000 CheQ points per month, limiting high spenders.
Rewards are not applicable on several categories like fuel, education, gold, and rent payments.
Optional LED card incurs a one-time issuance fee of ₹999 + GST, which is an additional cost.
Interest rate on revolving credit is high at 3.75% per month (45% per annum), typical of the category.
No domestic or international airport lounge access on this card.
Applications for the LED card open only from April 28, 2026, indicating a future availability.
Cons
Key drawbacks and limitations.
No rewards on UPI, insurance, and utility spends made outside the CRED app.
Rewards can only be redeemed on the CRED app.
No significant lifestyle benefits beyond the rewards program.
The annual renewal fee cannot be waived off, regardless of spending thresholds.