AU Bank Altura Credit Card Review – Detailed Features and Benefits – Best Entry Level Card? –
Unlock the potential of the AU Bank Altura Credit Card!
In this review, we explore its detailed features and benefits, highlighting why it’s considered the best entry-level card with cashback.
From everyday purchases to lifestyle indulgences, this card offers cashback rewards that elevate your savings.
Learn about its additional perks such as dining discounts, travel benefits, and seamless payment options.
Join us as we dissect the AU Bank Altura Credit Card and discover how it can be your perfect companion on your financial journey.
AU Bank Altura Credit Card Review
AU Bank Altura Credit Card – Frequently Asked Questions
1. What is the AU Bank Altura Credit Card?
- The AU Bank Altura Credit Card is a versatile credit card offering cashback benefits, railway lounge access, fuel surcharge waiver, card liability cover, and more.
2. What are the cashback features of the AU Bank Altura Credit Card?
- The card offers 2% cashback on retail spends at grocery stores, departmental stores, and utility bill payments, with a maximum cashback of INR 50 per statement cycle. Additionally, 1% cashback is offered on all other retail spends, with the same maximum cashback limit.
3. Are there any milestone benefits associated with the card?
- Yes, cardholders can earn an additional cashback of INR 50 on completing a minimum of INR 10,000 retail spends in every statement cycle.
4. How many complimentary railway lounge access visits are available per calendar quarter?
- Cardholders are entitled to 2 complimentary lounge access visits per calendar quarter using the VISA Card at railway stations.
5. Is there a fuel surcharge waiver offered with the AU Bank Altura Credit Card?
- Yes, cardholders can enjoy a 1% fuel surcharge waiver for fuel transactions done between INR 400 and INR 5,000 at all fuel stations across the country, with a maximum waiver of INR 100 per statement cycle.
6. What is the card liability cover provided?
- In the event of loss or fraudulent transactions made with the card, cardholders carry zero liability upon reporting the loss to the bank. Protection against card counterfeit/skimming and online frauds is also included.
7. Can the AU Bank Altura Credit Card be used for contactless payments?
- Yes, cardholders can make quick, secure, and easy payments by tapping the card at participating merchants without entering the credit card PIN for amounts up to INR 5,000.
8. How can I avail of the XpressEMI option?
- Cardholders can convert transactions worth INR 2,000 or more into easy EMI options on select tenures of their choice by contacting the Customer Care helpline.
9. Is there an annual card membership fee?
- Yes, the annual card membership fee is Rs. 199 + applicable taxes.
10. How can I qualify for the annual card fee waiver?
- For the first-year fee waiver, cardholders need to complete Rs. 10,000 retail spends within 90 days of card setup. For subsequent years, a waiver is granted upon completing Rs. 40,000 retail spends in the previous card anniversary year.
11. What are the exclusions for earning cashback on retail spends?
- Cashback is not earned on fuel transactions, rent payments, wallet top-ups, cash transactions, education-related transactions, and government payments as of April 1, 2024.
12. Can I avail cashback on online purchases?
- Cashback is applicable only on retail spends made offline at physical stores. Online purchases may not be eligible for cashback unless they fall under specific categories such as grocery stores and departmental stores.
13. How can I check my cashback earnings and usage?
- You can view your cashback earnings and usage in your monthly credit card statement provided by AU Bank. Additionally, you may be able to track your cashback rewards through the bank’s online banking portal or mobile app.
14. Is there a limit on the number of add-on cards I can request?
- AU Bank Altura Credit Cardholders can request add-on cards for their loved ones. However, please note that the bank may have restrictions on the number of add-on cards allowed per primary cardholder.
15. How do I qualify for the annual card fee waiver for subsequent years?
- To qualify for the annual card fee waiver for the second year onwards, you need to complete retail spends totaling Rs. 40,000 or more in the previous card anniversary year.
16. What happens if I fail to meet the criteria for the annual fee waiver?
- If you fail to meet the criteria for the annual fee waiver, the annual card membership fee of Rs. 199 plus applicable taxes will be charged to your account.
17. Can I apply for the AU Bank Altura Credit Card if I reside outside the specified cities?
- Unfortunately, the AU Bank Altura Credit Card is currently available only for residents of specified cities. Residents outside these cities may not be eligible for the card.
18. How long does it take for the card application to be processed?
- The processing time for the card application may vary depending on various factors, including verification of documents and eligibility criteria. Typically, applicants are notified of their application status within a few days to a couple of weeks.
19. What should I do if my credit card is lost or stolen?
- In case of loss or theft of your credit card, you should immediately report it to AU Bank’s customer service helpline to block the card and prevent any unauthorized transactions. You may also need to follow up with a written request to the bank.
20. Are there any charges for using the card for international transactions?
- AU Bank may levy charges for international transactions, including foreign currency conversion fees and cross-border transaction charges. It’s advisable to check the bank’s fee schedule or terms and conditions for details on international transaction charges.