AU Bank Altura Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Earn a 5% cashback on retail purchases made within the initial 60 days. Receive 2% cash back on grocery, department store, and utility bill payments. Enjoy a 1% cashback on all other expenditures using this credit card. Get a monthly cashback of Rs. 50 when certain spending milestones are reached. Benefit from complimentary access to chosen railway lounges in India. Receive a 1% surcharge waiver on fuel transactions. Enjoy zero liability protection in case of a lost card.

The AU Bank Altura Credit Card is a great option for those who love to shop.

With no joining fee or renewal fee, this credit card allows you to save right from the start.

It offers cashback rewards, making it even more appealing for shoppers.

With a cashback of 2% on utility bills, groceries, and departmental stores, as well as a cashback of 1% on all other spends, this card ensures that you earn rewards on all your purchases.

The cashback feature is particularly handy for frequent shoppers, as it helps save money on essential expenses.

While the card does not offer any welcome benefits, movie dining perks, or access to domestic or international lounges, it does provide complimentary access to railway lounges, which can be a valuable addition for frequent travelers.

The AU Bank Altura Credit Card also offers a spend-based fee waiver.

If you spend Rs. 10,000 in the first 90 days, you can avoid any joining fee.

Additionally, for an annual fee waiver, you must have spends of Rs. 40,000 or more within a year.

In terms of fees, this card offers rewards redemption and insurance benefits with no additional charges.

However, foreign currency spends are subject to a markup of 3.49%, and an interest rate of 3.49% per month applies to any outstanding balances.

For fuel transactions, the card provides a surcharge waiver of 1% on amounts ranging from Rs. 400 to Rs. 5,000.

Cash advances are also available, with a fee of either Rs. 100 or 2.5% of the cash amount withdrawn, whichever is higher.

In conclusion, the AU Bank Altura Credit Card is a suitable choice for shoppers looking to earn cashback rewards.

With its fee waiver options and complimentary access to railway lounges, it offers some attractive benefits.

However, it lacks certain additional perks like movie dining, golf, and insurance benefits.