CheQ AU Credit Card VS IndiGo SBI Card VS AU Zenith+ Credit Card VS Bandhan Bank Lumina Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
CheQ AU Credit Card
IndiGo SBI Card
AU Zenith+ Credit Card
Bandhan Bank Lumina Credit Card
Who is it for?
Who is it for?
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.
Accelerated IndiGo BluChips on IndiGo and travel spends, ideal for frequent flyers.
Complimentary domestic airport lounge access, enhancing travel comfort and experience.
Generous milestone benefits with IndiGo BluChips Vouchers on reaching spend thresholds.
Nil add-on card fees, allowing family members to enjoy card benefits without extra cost.
Pros
Key benefits and features.
Enjoy a very low foreign currency markup of just 0.99% on all international transactions.
Extensive travel benefits with 16 complimentary domestic and 16 international lounge accesses.
Generous welcome benefits offering luxury gift vouchers worth ₹5,000 or 5,000 Reward Points.
Valuable lifestyle perks include 16 BOGO movie tickets and 8 complimentary golf rounds annually.
Milestone benefits like Taj Epicure Membership and bonus Reward Points enhance value.
Pros
Key benefits and features.
Unlimited international lounge access and 8 domestic visits per quarter enhance travel.
Extremely low 1% foreign currency markup makes international spending highly economical.
Generous welcome benefit of a ₹10,000 Oberoi e-voucher on initial spend.
Never-expiring reward points with accelerated earnings on international transactions.
Comprehensive lifestyle perks including golf, dining, movies, and concierge services.
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 opened on April 28, 2026; the LED variant is now live on the CheQ app.
Cons
Key drawbacks and limitations.
Lounge access is conditional on quarterly spends, which might be restrictive for some users.
Rewards are specific to IndiGo BluChips, limiting redemption flexibility to one airline.
Annual and renewal fees are applicable without an explicit spend-based waiver condition.
No mention of international lounge access or foreign currency markup benefits.
Cons
Key drawbacks and limitations.
The annual fee of ₹4,999 + GST is relatively high, despite the spend-based waiver.
Reward points are not earned on essential categories like fuel, cash advances, and EMI spends.
A rewards redemption fee of ₹99 + GST is charged for each redemption transaction.
Quarterly caps on lounge access and movie tickets might limit usage for some users.
Some benefits of the AU Zenith+ Credit Card have experienced devaluations over time.
Cons
Key drawbacks and limitations.
High joining and renewal fees of ₹9,999 + taxes may be prohibitive for some users.
Annual spend of ₹12 Lakhs required to waive renewal fee is quite substantial.
High income requirement of >₹18 Lakhs limits accessibility to a niche segment.
The "Nil" late payment charges across all tiers seem unusual and require verification.
Cash advance charges, though "Nil" fee, incur a high 3.50% monthly interest rate.