AU Small Finance Bank
AU Altura Credit Card
This is an invite only card
Top Benefits
2% Cashback on Groceries & Utilities
on spends at grocery stores, departmental stores, and utility bill payments, capped at ₹50 per statement cycle
1% Cashback on Other Retail Spends
on all other eligible retail transactions, capped at ₹50 cashback per statement cycle
Best For
Grocery Shopping
Utility Bills
The AU Altura Credit Card is one of the most affordable entry-level cards in India, with a joining fee ...
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The AU Altura Credit Card is one of the most affordable entry-level cards in India, with a joining fee ...
The AU Altura Credit Card is one of the most affordable entry-level cards in India, with a joining fee of just ₹199 and an annual fee of ₹199. The joining fee is waived entirely if you spend ₹10,000 within 90 days of activation, and the first-year annual fee is waived if you spend ₹20,000 within 90 days of card setup. From Year 2, the annual fee is waived if you spend ₹80,000 or more in the previous card anniversary year.
The card offers 2% cashback on grocery stores, departmental stores, and utility bill payments (capped at ₹50 per statement cycle), and 1% cashback on all other eligible retail spends. It's designed for salaried professionals aged 21-60 earning ₹3.6 LPA who want a simple, low-cost cashback card with minimal eligibility requirements.
With no reward redemption fee and an estimated annual saving of ₹1,200, the AU Altura is a solid starter card for those entering the credit card ecosystem without wanting to commit to a higher-fee product.
View FAQ
Commonly Asked Questions
Is the AU Altura Credit Card really available for ₹199?
Yes. The joining fee and annual fee are both ₹199. The joining fee is waived if you spend ₹10,000 within 90 days of activation, and the first-year annual fee is waived at ₹20,000 in spend within 90 days of card setup. For active users, the effective cost is zero.
Who is this card best suited for?
This card suits first-time credit card users, salaried professionals earning ₹3.6 LPA+, and anyone who wants a simple cashback card at the lowest possible fee with no redemption complexity.
Is this card available for self-employed individuals?
No. The AU Altura Credit Card is available only for salaried applicants. Self-employed individuals are not eligible for this card variant.
Expert Review
The AU Altura Credit Card is the most affordable cashback credit card in India — ₹199 per year, effectively free for any moderately active user. The automatic cashback structure (no redemption, no portal, no fee) keeps things simple for first-time cardholders. For someone just entering the credit card world, this card builds credit history without financial risk.
The 2% on groceries and utilities covers two of the most consistent monthly expense categories for Indian households. The 1% on everything else is a sensible base rate. Combined, the annual saving of ₹1,200 is modest but real.
My criticism: the ₹50 monthly cap on 2% cashback limits the ceiling for heavy grocery spenders, and the salaried-only restriction excludes a large segment. The exclusion list is also broad for a card this simple.
Verdict: The best entry-level cashback card in India for salaried professionals who want automatic savings on groceries and utilities with absolutely minimal cost and complexity.
Joining / Annual Fee
Joining Fees
₹235 ( ₹199 + GST )
Annual Fees
₹235 ( ₹199 + GST )
Joining fee: ₹199 (waived at ₹10,000 spend in 90 days). Annual fee: ₹199 (first year waived at ₹20,000 ...
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Joining fee: ₹199 (waived at ₹10,000 spend in 90 days). Annual fee: ₹199 (first year waived at ₹20,000 ...
Joining fee: ₹199 (waived at ₹10,000 spend in 90 days). Annual fee: ₹199 (first year waived at ₹20,000 spend in 90 days; Year 2+ waived at ₹80,000 annual spend). For any cardholder spending ₹6,667 per month, this card is completely free every year. Even without the waiver, ₹199 is the lowest annual fee of any card with a cashback structure in India.
View FAQ
Commonly Asked Questions
What is the monthly interest rate on unpaid balances?
The monthly interest rate is 3.6%, translating to 43.2% per annum. On a ₹10,000 outstanding balance, you'd pay ₹360 per month in interest. Always pay the full bill on time.
What is the ATM cash withdrawal fee?
Cash advances attract a 2.5% fee on the withdrawn amount. Interest starts accruing immediately from the date of withdrawal.
What are the late payment charges?
Late payment fees are: ₹0 for balances up to ₹500, ₹500 for ₹501-₹5,000, ₹750 for ₹5,001-₹10,000, and ₹1,200 for balances above ₹10,000.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
3.6LPA
Credit
Rating*
725+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
Minimum Age: 21 years
Maximum Age: 60 years
Minimum Income (Salaried): ₹3.6 LPA
Minimum CI...
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Minimum Age: 21 years Maximum Age: 60 years Minimum Income (Salaried): ₹3.6 LPA Minimum CI...
- Minimum Age: 21 years
- Maximum Age: 60 years
- Minimum Income (Salaried): ₹3.6 LPA
- Minimum CIBIL Score: 725
- Employment Type: Salaried only
View FAQ
Commonly Asked Questions
What is the minimum income for the AU Altura card?
The minimum annual income for salaried applicants is ₹3.6 LPA, which is approximately ₹30,000 per month. This is an accessible threshold for most working professionals.
Can self-employed applicants get this card?
No. The AU Altura Credit Card is only available to salaried individuals. Self-employed applicants are not eligible.
What CIBIL score is needed?
A minimum CIBIL score of 725 is required. This is a moderate requirement for most professionals with a basic credit history.
All Card Benefits
- Earn 2% cashback on spends at grocery stores, departmental stores, and utility bill payments, capped at ₹50 per statement cycle
- Earn 1% cashback on all other eligible retail spends, capped at ₹50 per statement cycle
- Get an additional ₹50 cashback on completing ₹10,000 or more in retail spends in a statement cycle
- Enjoy 2 complimentary railway lounge visits per calendar quarter at select railway stations using your AU Altura Credit Card
- Add-on cardholders can also avail railway lounge access within the shared complimentary visit limit
- Avail a 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000 across fuel stations in India
- Fuel surcharge waiver is capped at ₹100 per statement cycle, as per bank terms
Cashback on Groceries, Departmental Stores, and Utilities
Earn 2% cashback on spends at grocery stor...
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Cashback on Groceries, Departmental Stores, and Utilities Earn 2% cashback on spends at grocery stor...
Cashback on Groceries, Departmental Stores, and Utilities
Earn 2% cashback on spends at grocery stores, departmental stores, and utility bill payments, capped at ₹50 per statement cycle. For example, spending ₹2,500 at a grocery store earns ₹50 in cashback — hitting the monthly cap. Over 12 months, if you consistently max out the ₹50 monthly cap, that's ₹600 in cashback from just this category. The cashback is automatically adjusted in your statement with no redemption needed.
1% Cashback on All Other Eligible Retail Spends
All other eligible retail transactions earn 1% cashback with no stated monthly cap. For example, spending ₹10,000 on dining, clothing, and general shopping earns ₹100 in cashback. Over a year at ₹10,000/month in general spend, that's ₹1,200 in annual cashback — matching the card's stated annual saving potential.
Joining and Annual Fee Waiver Structure
The fee waiver structure here is one of the most straightforward in the market. Spend ₹10,000 within 90 days of activation and your joining fee (₹199) is waived. Spend ₹20,000 within 90 days of card setup and the first-year annual fee (₹199) is waived. From Year 2, spend ₹80,000 or more in the previous card anniversary year and the annual fee is waived. That's ₹6,667 per month — achievable for most active cardholders.
View FAQ
Commonly Asked Questions
What is the monthly cap on grocery and utility cashback?
The cap is ₹50 per statement cycle on 2% cashback for grocery, departmental store, and utility bill spends. To hit the cap, you need to spend ₹2,500 in these categories per month.
Is the utility cashback on online bill payments too?
Yes. The 2% cashback applies to utility bill payments as an eligible category. Whether the utility payment is made online or offline, it earns at the 2% rate subject to the ₹50 monthly cap.
Is the 1% cashback truly unlimited on other spends?
The available data does not state a cap on the 1% cashback for other eligible retail spends. Check the AU Bank terms and conditions for any monthly or annual limits applicable to the general cashback rate.
Is cashback automatically credited or do I need to redeem it?
Cashback on the AU Altura Credit Card is adjusted directly in your monthly statement. There is no manual redemption process required, and there is no redemption fee.
What spend is needed to waive the joining fee?
Spend ₹10,000 or more in cumulative retail purchases within 90 days of card activation and the ₹199 joining fee is waived per bank policy.
How do I waive the annual fee from Year 2 onwards?
From the second year, spend ₹80,000 or more in retail purchases in the previous card anniversary year to waive the ₹199 annual fee. That's approximately ₹6,667 per month in card spend.
Milestone Benefits
Voucher Benefit(Worth ~ ₹600)
Spend ₹10,000 in 30 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 reward point = ₹0.25
Redemption Options
- AU Rewardz for E-Vouchers
- Merchandise
- Recharges
- Travel bookings
To check redemption catalogue
The AU Altura Credit Card delivers cashback automatically adjusted in your monthly statement — no manua...
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The AU Altura Credit Card delivers cashback automatically adjusted in your monthly statement — no manua...
The AU Altura Credit Card delivers cashback automatically adjusted in your monthly statement — no manual redemption is needed. The 2% and 1% cashback values reduce your outstanding balance directly. There is no redemption fee, which means every rupee of cashback is fully available to you. Any reward points earned can additionally be redeemed through the AU Bank rewards portal at no cost.
View FAQ
Commonly Asked Questions
Is there any redemption fee on AU Altura?
No. The AU Altura Credit Card does not charge a reward redemption fee. Your full cashback and accumulated reward points are available for use without deduction.
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel Spends
Insurance Payments
EMI Spends
ATM Cash Withdrawals
Jewellery Purchases
Education Spends
Government-related Transactions
Wallet Loads
All Reversals
Gambling Transactions
Toll Payments
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
For Spends Waiver
Rent Payment
Fuel Spends
Insurance Payments
EMI Spends
ATM Cash Withdrawals
Jewellery Purchases
Education Spends
Government-related Transactions
Wallet Loads
All Reversals
Gambling Transactions
Toll Payments
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
The following categories are excluded from cashback/reward earning:
Rent Payment
Fuel Spends
...
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The following categories are excluded from cashback/reward earning: Rent Payment Fuel Spends ...
The following categories are excluded from cashback/reward earning:
- Rent Payment
- Fuel Spends
- Insurance Payments
- EMI Spends
- ATM Cash Withdrawals
- Jewellery Purchases
- Education Spends
- Government-related Transactions
- Wallet Loads
- All Reversals and Gambling Transactions
- Toll Payments, Security Broker Services, Charity
The exclusion list is moderately broad. For a ₹20,000 monthly spender with ₹8,000 in excluded categories (rent, insurance, EMI), the remaining ₹12,000 in grocery, utility, and general retail earns at the 2% or 1% cashback rate.
View FAQ
Commonly Asked Questions
Do education fee payments earn cashback on AU Altura?
No. Education spends are excluded from cashback earning on the AU Altura Credit Card.
Do government transactions earn cashback?
No. Government-related transactions are in the exclusion list and do not earn cashback.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.49% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency
| 3.49% |
APR Fees Finance charges of 3.75% per month ( 45% per annum) is charged on unpaid dues and cash advances until repaid | 3.75% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable) | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges | As prescribed by IRCTC / Indian Railways |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees ₹25 applies only on outstation cheques | Cheque Bounce: 2% (min. ₹500) | ₹25 |
Cash Payment Fees A cash payment fee of ₹100 per transaction is applicable when credit card dues are paid in cash at AU Bank branches | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹100 | ₹0 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹5000 | ₹500 |
| ₹5001 - ₹10000 | ₹700 |
| ₹10001- ₹20000 | ₹800 |
| ₹20001- ₹50000 | ₹900 |
| ₹50001 and above | ₹1100 |
Fee Type
Amount
Details
Joining Fee
₹...
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Fee Type Amount Details Joining Fee ₹...
| Fee Type | Amount | Details |
|---|---|---|
| Joining Fee | ₹199 | Waived on ₹10,000 retail spend within 90 days of activation |
| Annual Fee (Year 1) | ₹199 | Waived on ₹20,000 spend within 90 days of card setup |
| Annual Fee (Year 2+) | ₹199 | Waived on ₹80,000 annual spend in previous anniversary year |
| Forex Markup | 3.5% | On international transactions. ₹10,000 = ₹350 fee. |
| Monthly Interest | 3.6% per month (43.2% p.a.) | On revolving unpaid balances. |
| ATM Cash Withdrawal | 2.5% | Interest starts immediately from withdrawal date. |
| Reward Redemption Fee | ₹0 | No fee on cashback or reward point redemption. |
| Railway Surcharge | As per IRCTC | Per IRCTC or Indian Railways rates. |
| Rent Payment Fee | 1% | On rent transactions plus GST. |
| Cash Payment Fee | ₹100 | For cash bill payments. |
| Late Payment (₹0-₹500) | ₹0 | |
| Late Payment (₹501-₹5,000) | ₹500 | |
| Late Payment (₹5,001-₹10,000) | ₹750 | |
| Late Payment (above ₹10,000) | ₹1,200 |
View FAQ
Commonly Asked Questions
What is the interest-free period?
The interest-free period is typically 20 to 55 days. Pay the full outstanding amount by the due date to avoid interest charges.
How can I avoid all fees on this card?
Pay the full bill on time (no interest or late fees), spend ₹6,667+/month to waive the annual fee, use digital payment for bill settlement (avoid cash fee), and avoid ATM withdrawals to keep the card completely free.
Documents Required
- Identity Proof: PAN Card (mandatory), Aadhaar Card
- Address Proof: Aadhaar Card, Passport, Voter ID, or Driving License
- Income Proof (Salaried): Latest 3 months salary slips or bank statements
- Photograph: Passport-size photo
View FAQ
Commonly Asked Questions
Is PAN card mandatory?
Yes. PAN card is mandatory for all credit card applications in India as per RBI guidelines.
Who Should Get This Card?
Get this card if:
- You're a first-time credit card user who wants the lowest possible fee with automatic cashback.
- You spend consistently at grocery stores and on utility bills and want 2% back on those categories.
- You're a salaried professional earning ₹3.6 LPA+ with a CIBIL score of 725+.
- You want to build credit history with a low-risk, low-cost card from a growing bank.
Skip this card if:
- You're self-employed. This card is salaried-only.
- You want higher cashback rates on online shopping or dining. This card's strength is grocery and utility spending.
- You travel frequently and need lounge access or low forex markup. AU Altura has neither.
Credit Limit and What to Expect
Given the minimum income of ₹3.6 LPA, initial credit limits on the AU Altura card typically range from ₹30,000 to ₹1,00,000. AU Bank tends to be conservative with initial limits for entry-level cards, with limits enhanced after a period of responsible usage and on-time payments.
View FAQ
Commonly Asked Questions
What credit limit can I expect at ₹3.6 LPA income?
At the minimum income threshold, initial credit limits are typically between ₹30,000 and ₹75,000. Higher-income salaried applicants with strong CIBIL profiles receive higher starting limits.
How to Apply?
- Visit the BankKaro portal or AU Bank website and select the AU Altura Credit Card.
- Fill in personal, income, and employment details.
- Upload KYC documents and complete Video KYC.
- Await approval and card dispatch within 7-10 business days.
- Make ₹10,000 in retail spends within 90 days to waive the joining fee.
- Make a minimum transaction of ₹100 within 30 days of card issuance to activate reward eligibility.
Documents Required: PAN Card, Aadhaar Card, latest 3 months salary slips, 3 months bank statements, passport-size photograph.
View FAQ
Commonly Asked Questions
What is the minimum transaction required after card issuance?
A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card and be eligible for BankKaro rewards. Missing this makes you ineligible.
May AU Bank offer a different card variant?
Yes. AU Bank may offer a different card variant based on your credit profile. Review the features and benefits of the offered card carefully before submitting your application.
That’s the full story of this credit card
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Top Benefits
Top Benefits
2% Cashback on Groceries & Utilities
on spends at grocery stores, departmental stores, and utility bill payments, capped at ₹50 per statement cycle
1% Cashback on Other Retail Spends
on all other eligible retail transactions, capped at ₹50 cashback per statement cycle
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