The AU Small Finance Bank is one of the India’s leading financial institutions. Ever since its inception in 1996, it has pioneered in implementation of innovations in Banking and Credit cards are no exception. In this article, we will explore the best credit cards offered by AU Small Finance Bank.
Things to Know Before Applying for AU Credit Cards
You should keep the following points in mind before applying for AU credit cards.
- When choosing the best credit card for yourself, compare the annual fees, reward points, and cashback offers to find the best fit matching your spending patterns and lifestyle.
- Check on the yearly fee payment; the reward points you can earn and what kind of cashback you can get on different types of spendings.
- The Most Important task is to carefully go through the Terms and Conditions (MITC) or Key Fact Statement provided with your credit card. These documents will clearly specify the applicable fees.
- Make sure to pay your credit card bills before the due date of every month. This will help you to maintain a good credit score and avoid late fees.
Types of AU Credit Cards
AU Small Finance Bank offers a wide range of cards to serve a diverse audience. Let’s examine the most important varieties of credit cards offered by AU.
● Standard Cards
Meant for a wider audience, these cards let you buy and pay later.
● Rewards Cards
These cards provide cash back, points, or miles on your purchases. These are best suited for you if you pay your bills monthly.
● Travel Cards
These cards are meant for travel buffs. They give better rewards, hotel stays, and airport lounge access—good for frequent travellers.
● Cash Back Cards
These cards give certain percentage of the purchased amount as a cash back. The Card also offers additional rewards for spending on groceries and restaurants.
● Secured Cards
These cards require a fixed deposit with the bank as collateral. The credit limit is usually 80% of the deposit amount. They are meant for relatively risky profiles.
- RuPay Credit Cards
They are payment cards that allow customers to purchase goods and services from merchants. A RuPay credit card has many benefits as well!
● Business Cards
Business cards offer benefits for business spending, such as office supplies and travel. They are perfectly tailored to service the corporate needs.
In summary, subject to eligibility conditions, AU Small Finance Bank has a credit card for almost every segment.
AU InstaPay Credit Card
The AU InstaPay credit card is among the Bank’s latest credit cards. This card allows you to take your UPI transactions to the next level. It will enable you to make QR and UPI payments with your credit card. The convenience of transactions accompanying this card is among the best in credit cards segment.
Key Features of AU InstaPay Credit Card
Key features of the AU InstaPay credit card are as follows:
● Cashback
You get cash back when you pay using UPI at department stores, restaurants, and pharmacies. You can expect significant cashback per credit card billing cycle. To get the cashback, each UPI payment you make at these stores needs to exceed a certain threshold.
● Lifetime Free
The AU InstaPay Credit Card gives you convenience without charging any annual fees. You can enjoy this lifetime free credit card and all its benefits without paying extra.
● Scan and Pay
You can quickly pay any merchant in just a few seconds. Simply scan the merchant’s QR code using your preferred UPI app on your phone and immediately pay. It’s a rapid and seamless process.
● Fuel Surcharge Waiver
When you buy fuel for your vehicle, you get a significant discount on the usually added surcharge. This is valid at all petrol pumps across the country.
Conclusion
AU Small Finance Bank is India’s leading banking institution, known for its commitment to financial innovations. The Bank offers wide range of credit cards designed to meet the needs of diverse audiences. The Bank’s credit cards have thrilled customers in the past, and the recently launched AU InstaPay credit card is no exception.
FAQs
1. What are the risks of using RuPay credit cards?
The RuPay credit card network has all the advanced protection features to safeguard your financial transactions. In case of any fraudulent transactions or loss of your card, you should immediately contact AU SFB.
2. What are the eligibility criteria for an AU InstaPay credit card?
Only existing AU Small Finance Bank credit card holders are eligible to apply for an AU InstaPay credit card.
3. How do I change/ reset my card PIN?
You can easily reset your PIN by visiting the official website of AU SFB. You may also change it through the bank’s official mobile banking application and IVR service.