CheQ AU Credit Card VS LIC IDFC Classic Credit Card VS AU Bank InstaPay Credit Card VS AU Zaggle Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
CheQ AU Credit Card
LIC IDFC Classic Credit Card
AU Bank InstaPay Credit Card
AU Zaggle 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.
Lifetime free credit card with no joining or annual fees.
Offers one free domestic lounge access (conditional on monthly spend).
Provides accelerated rewards on LIC premium payments and other essential categories.
Includes comprehensive insurance benefits like purchase protection and credit shield.
Pros
Key benefits and features.
Lifetime free credit card with no joining or annual charges.
Offers convenience as a virtual credit card for seamless payments.
Provides cashback on UPI spends across various essential categories.
Pros
Key benefits and features.
The card is lifetime free, incurring no joining or annual fee, making it a cost-effective option.
Earn substantial Zaggle Coins, up to 8% on zagg.money UPI spends and online shopping.
Straightforward reward redemption, converting Zagg Coins directly into cashback via zagg.money app.
It offers a valuable 1% fuel surcharge waiver on eligible fuel transactions.
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.
Lower reward rates for general spending compared to specific LIC premium payments.
Domestic lounge access is conditional on a minimum monthly spend of Rs. 5,000.
A redemption fee of Rs. 99 is charged for redeeming accumulated reward points.
High foreign currency markup of 3.5% makes international spends expensive.
Cons
Key drawbacks and limitations.
The card's utility is primarily limited to UPI transactions.
It does not offer welcome benefits or complimentary lounge access.
The 1% cashback rate is modest compared to other market offerings.
Cons
Key drawbacks and limitations.
Lacks premium benefits like airport lounge access, extensive travel perks, or insurance coverage.
A minimum of 1,000 Zaggle Coins is required for redemption, potentially challenging for low spenders.
Reward earnings capped at 2,000 Zagg Coins per billing cycle, limiting high spenders.