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AU Small Finance Bank

AU Bank Altura Plus Credit Card

3.9

Lounge access

Joining fee: ₹499
Annual fee: ₹499
Welcome bonus: —
Forex markup: 3.49%
Interest p.a.: 45%
Min income: —

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Everything else 1.5% cashback on POS retail spends at merchant outlets, capped at Rs 100 per statement cycle; beyond the cap, 1 Reward Point per Rs 100	1.5%	₹100	₹18
Online shopping 2 Reward Points per Rs 100 on online transactions; approx 0.5% value-back assuming AU Reward Point approx Rs 0.25	0.5%	—	₹600
Utilities & bills 1 Reward Point per Rs 100 on utility, telecom and insurance spends; approx 0.25% value-back assuming approx Rs 0.25/point	0.25%	—	₹300
All other spends	1.5%	—	₹1,800

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Fees & charges

Joining fee₹499

Annual fee₹499

Annual fee waiver1st year waived on Rs 20,000 retail spend within 90 days; 2nd year onwards waived on Rs 80,000 retail spend in the previous card anniversary year

Foreign currency markup3.49%

Finance charge (p.a.)45%

Fuel surcharge waiver1%

Key benefits

Airport lounge access — 2/quarter domestic (8 complimentary railway lounge visits per year (approx 2 per quarter); no airport lounge access)
1.5% cashback on POS retail spends (cap Rs 100/cycle), then 1 RP per Rs 100
2X Reward Points (2 RP per Rs 100) on online transactions
1 RP per Rs 100 on utility, telecom and insurance spends
No cashback/points on fuel; 1% fuel surcharge waiver on Rs 400-Rs 5,000 transactions

What we like

+1.5% flat cashback on POS retail spends at a low Rs 499 fee
+Fee easily waived (Rs 20,000 first year / Rs 80,000 thereafter)
+Railway lounge access included

What to watch

−POS cashback capped at Rs 100 per cycle; online/utility earn far weaker (points-based)
−No airport lounge access; railway lounges only
−High 45% APR and 3.49% forex markup
−Reward Point value not officially fixed; effective online/utility returns are estimates