AU Small Finance Bank Altura Credit Card

Annual feeJoining feeRenewal fee

₹199 + GST₹199 + GST; 1st year fee waived on ₹10,000 retail spends within 90 days of card set up; 2nd year onwards waived on ₹40,000 retail spends in the previous card anniversary year

Fee waiver rule

Fee waiver: 1st year – ₹10,000 retail spends done within 90 days of card set up; 2nd year onwards – ₹40,000 retail spends done in previous card anniversary year.

Add-on card fee

Add-on cards for free.

Reward rate

1% cashback · everyday spends1% cashback on other retail spends (2% on groceries, departmental stores and utility bill payments)

Groceries earningUtilities earning

2% cashback on groceries, departmental stores and utility bill payments.

Reward exclusions

(Maximum cashback per statement cycle is ₹50) Note: Fuel, Rent, Wallet & Cash transactions are excluded from earning of cashback

Domestic lounge access

8 complimentary railway lounge access every year.

Milestone benefits

Additional cashback of ₹50 on a minimum retail spend of ₹10,000 in every statement cycle.

Fuel surcharge waiver

1% Fuel Surcharge Waiver for fuel transactions done between ₹400 and ₹5,000, across all fuel stations in the country (Maximum ₹100 per statement cycle).

Lost card liability

Zero liability on fraudulent transactions done on your lost card after you report the card loss to the bank.

Purchase protection

Complimentary Device Protection Plan: free insurance and extended warranty on mobile and other electronic purchases.

Add-on card eligibility

Add-on cardholder should be over 18 years.

Balance transfer terms

Processing charges 1% of Balance Transfer amount, subject to a minimum of ₹250

Forex markup

3.49% on foreign currency transactions.

Cash advance fee

2.5% of the Cash withdrawal amount or ₹500, whichever is higher.

Interest on unpaid balance

3.75% per month (45% per annum)

Interest-free period

Up to 50 days (not applicable for cash withdrawal)

Late payment fee

15% of Total Amount Due (Minimum ₹10, Maximum ₹1300)

Over-limit fee

2.5% of overlimit amount, subject to a minimum of ₹500

Payment return or dishonour fee

2% of total amount due or ₹500 (On Cheque, ECS/ NACH, Autopay Return) Whichever is higher.

Card replacement fee

₹100

Cash payment / cash deposit fee

NIL, i.e., no charges for Credit Card Bill Payment through Cash Deposit mode.

Education / school fee charge

1% of transaction value, subject to minimum of ₹99 per transaction on education payments done through third party applications like, not limited to, CRED, PhonePe, Paytm, MobiKwik, Freecharge etc.

EMI conversion fee

Xpress EMI: 1% of the Amount being converted to EMI, subject to a minimum of ₹99 + GST; Instant EMI: ₹199 + GST as Processing Fees on every EMI transaction done at any Point-of-Sale unit or through Payment Gateway

Foreign ATM fee

2.5% or ₹500 whichever is higher on the amount withdrawn from domestic/international ATMs.

Rent transaction fee

1% of transaction value, subject to minimum of ₹99 per transaction on domestic rental transactions

GST note

GST 18% applicable on all fees, interest & charges

Minimum amount due

5% of Principal outstanding if Total Amount Due for previous statement was paid on/or before due date, 2% if not; + 100% of Fees/Charges + 100% of Interest Charges + Due EMI(s) + 100% of Annual Membership Fee (if applicable) + 100% of GST

Age the primary cardholder must be

Self Employed: 25 years to 65 years; Salaried: 21 years to 60 years.

Eligibility

Self Employed: 25 years to 65 years; Salaried: 21 years to 60 years; Resident Indian.

Minimum age

Primary cardholder age group: Self Employed: 25 years to 65 years; Salaried: 21 years to 60 years.