AU Bank LIT Credit Card

The AU Small Finance LIT Credit Card is India's first credit card with customized features. This means you can select any feature on your card and only pay for that. The AU bank has introduced a highly inventive and unique credit card. Every other credit card provider introduces new credit cards with varying features and rewards. There are various credit cards in India with varied parts and characteristics, making it difficult and complicated for clients to select the best card to meet their needs among so many cards. Customers frequently end up with many cards and paying multiple fees each year.

The AU bank taken advantage on this by launching the LIT credit card, the first credit card with customizable features. The bank launched many other cards with many perks, but the LIT card stands out.

Joining Fees: | Annual Fees:

Nil | Nil

Reward Type:

Reward Points

Suited For:

Movies | Travel | Dining
Fuel | Shopping

Issued on:

Visa

Rating:

4.7/5

Apply Now

Fees and Charges

Fees: - Joining/Annual: NIL
Best Suited For: - Movies / Travel / Dining / Fuel / Shopping
Reward Type: - Reward Points
Welcome Benefits: - NIL
Interest Rates: - 3.49% per month (41.88% annually)
Spend Based Waiver: - NA
Fuel Surcharge: - 1% fuel surcharge waiver for fuel transactions in India (Rs. 400 to Rs. 5,000)
Foreign Currency Markup: - 3.49% of the total transaction amount (plus applicable taxes)
Cash Advance Charges: - 2.5% of the total transaction value, with a Rs. 100 minimum fee
Add-on Card Fee: - Nil

Reward and Benefits

Movie & Dining: - Free Zee5 membership for three months, Amazon Prime membership, and an extra 5% reward on dining expenses.
Rewards Rate: - For every Rs. 100 spent at retail using the card, earn 1 reward point. Additional cashbacks (For Specific Feature) and 10X or 5X accelerated reward points are also out there.
Rewards Redemption: - Use your reward points to redeem amazing deals and discounts.
Travel: - complimentary access to Indian domestic lounges.
Domestic Lounge Access: - Every quarter, there are 2 complimentary access to the airport lounge (8 per year).
International Lounge Access: - NA
Insurance Benefits: - NA
Golf: - NA
Zero Liability Protection: - If a credit card is lost or stolen and reported to the bank's customer service within seven days of the incident, the cardholder will not be held liable for any fraudulent transactions.

Product Details

The first credit card in India that is customisable.
With the card, select the feature you wish to use whenever you want.
Three months of free access to Cult.fit, Zee5, and Amazon Prime
You get 1 Reward Point for each Rs. 100 you spend on retail transactions.
10X or 5X reward points are awarded for all offline and online transactions.
1% of all fuel transactions between Rs. 400 and Rs. 5,000 qualify from surcharges.
5% and 2% cashback on retail purchases made in order to reach the spending goal.
Extra cashback of 5% is offered for dining, shopping, and travel expenses.
Every quarter, 4 complimentary lounge access

Pros/Cons

Pros

With Au LIT Credit Card, there are no welcome perks.

Cons

There is no complimentary access to international lounges, which greatly disappoints customers.

AU Bank LIT Credit Card Available Features and Benefits

As previously said, the AU Small Finance Bank LIT Credit Card is the first customized credit card in India, enabling you to select the feature you desire and just pay for it. The card has fantastic perks in places of travel, groceries, lifestyle, and much more.

It lets users select one or more features/categories at once and provides nearly all of the benefits of a credit card. Customers can now take advantage of the benefits of the category they have chosen and only pay for the features they use, instead of having to pay the entire annual costs for the card.

Cardholders can select from the following six benefit categories at this time:

Get Memberships:

Get advantages worth up to Rs. 1200 and access to some of the most popular and demanded subscription services. The costs listed below are for this feature, and they are valid for a 90-day period.

Zee5 Membership for 3 Months: 99 Rupees for 90 Days. Throughout the 90-day period, you have to spend at least Rs. 5000; else, you will be charged a penalty of Rs. 50.
Amazon Prime Membership for Three Months: Rs. 199 for 90 days. During the 90-day term, you have to spend at least Rs. 10,000; otherwise, you will be charged Rs. 100.
90-day Cult.fit membership for 3 months is Rs. 499. Throughout the 90-day period, you have to spend at least Rs. 20,000; else, you will be charged a penalty of Rs. 200.

Fuel Surcharge:

Get a 90-day 1% fuel surcharge waiver for just Rs. 49. This waiver applies to all transactions with a total value of between Rs. 400 and Rs. 5000.
Any feature you desire can be selected depending on your needs, preferences, and spending patterns. Each segment's price is applicable for 90 days after you choose to use a certain feature.
Each part you select is set up to renew automatically; if, after 90 days, you decide you no longer desire a certain feature, you must turn off auto-renewal.

AU Bank LIT Credit Card Rewards/Cashback

Cashback on Milestone:

When you reach the minimum spend amount, receive extra cashback along with benefits worth at Rs. 3,000. The costs for this feature are as follows; they are valid for a 30-day period.
Get an extra 5% cashback off your purchase, up to Rs. 299 for 30 days. With the exception of fuel, cash advances, and rental expenses, you will be eligible for cashback after spending a minimum of Rs. 7500. A maximum of Rs. 500 of cashback can be earned each month.
Receive an extra 2% cashback for 30 days, or Rs. 199. With the exception of fuel, cash advances, and rental expenses, you will be eligible for cashback after spending a minimum of Rs. 10,000. A maximum of Rs. 100 of cashback can be earned per month.

Cashback on Category:

With this feature, you can receive benefits of up to Rs. 3000 per category and earn cashback on transactions made in an range of categories.

For 90 days, get 5% cashback on groceries purchases up to Rs. 299. A maximum of Rs. 1000 of cashback can be earned each month.
Get 5% cashback for 90 days on travel expenses up to Rs. 299 in cash. A maximum of Rs. 1000 of cashback can be earned each month.
For 90 days, receive 5% cashback on dining spending up to Rs. 299. A maximum of Rs. 1000 of cashback can be earned each month.
For 90 days, save 5% cashback on purchases of Rs. 299 or more in electronics. A maximum of Rs. 1000 of cashback can be earned each month.
For 90 days, get 5% cashback on purchases of apparel up to Rs. 199, Rs. 1000 of cashback can be earned each month.

5x and 10x Rewards on Online/Offline Spending:

This function allows you to earn bonuses of up to 10x on your online and offline purchases.

Online Spends:

Earn 10x Reward Points on Online Purchases - Rs. 299 for 90 days. Rent, cash withdrawals, and fuel purchases do not qualify for 10x reward points.
Earn 5x Reward Points on Online Purchases - Rs. 199 for 90 days. You can earn 5x reward points on online purchases, however rent, cash withdrawals, and fuel purchases are kicked out.

Offline Spends:

Get 10x Reward Points on Offline Spends for Rs. 299 over 90 days. You can earn 10x reward points on offline purchases, however rent, cash withdrawals, and petrol are not eligible.
Receive 5x Reward Points on Offline Purchases - Rs. 199 for 90 days. You can earn 5x reward points on offline purchases, but rent, cash withdrawals, and fuel purchases are not eligible.

AU Bank LIT Credit Card Rewards Redemption

1 reward point earned for each rupee 100 spent at retail using the card. Fuel payments, EMIs, and cash withdrawals will not be taken into account for counting Base Reward Points.

Points Redemption:

AU Small Finance Bank LIT Credit Card reward points can be used to get many kinds of benefits.

redeem in exchange of making a merchandise purchase.
For booking flight, hotel, bus, and movies tickets.
To recharge your phone or DTH, use your points.
Book a round of golf at any of the Indian golf courses.
To get E-gift Vouchers, redeem your points.
Convert your Reward Points into Miles for travel.

How Choose the Category of Your Choice?

To view the list of possible benefits and select the one you want, open the AU 0101 App, navigate to the Credit Card Homepage, and click "Manage Credit Card."

Find the category that best suits your needs and budget by getting the pricing of each.
You can change the advantage to suit what you like and get what you want.
You may monitor and keep track of your reward points and cashback, as well as see how much more you need to earn to reach the goal.

AU Bank LIT Credit Card Eligibility Criteria

To be eligible to apply for an AU Bank LIT Credit Card, a certain requirement must be met; these requirements are listed in the table below:

The primary cardholder must be an Indian resident and be between the ages of 21 and 60. The added cardholder must be older than 18.
Aside from this, the applicants must have a reliable source of income; yet the issuer has not made clear what the minimum salary requirements are.

AU Bank LIT Credit Card Apply Process

Applications for the AU Bank LIT Credit Card are accepted online and offline. To apply online, just follow the easy steps listed below:

Go to the official AU Bank website.
Under the "Cards" section, choose Credit Cards, then "LIT Credit Card.
Click "Apply Now"
Fill out all the required fields to proceed.

Required Documents:

The following list of documents is needed in order to apply for the AU Bank LIT Credit Card:

Proof of identity, you can use your passport, driver's license, PAN card, Aadhar card, or voter's ID.
Proof of Address, Utility bills from the most recent month, a passport, or an Aadhar card.
Proof of Income, most recent bank statements, audited ITR, and salary slips must be submitted.

Review of the AU Bank LIT Credit Card

With the ability to choose one or more benefits and enjoy them within a limited timeframe, the AU Small Finance Bank LIT Credit Card eliminates the hassle of carrying multiple cards for different features, giving customers a great deal of independence. The AU Small Finance Bank LIT Credit Card has been specifically designed for those who want to receive all credit card benefits in just one card.

In addition, the LIT card offers all the other benefits that a credit card holder normally requires, such as excellent reward points, huge cashback, waiver of the fuel surcharge, lounge access, and much more. It is also completely lifetime free, meaning that the cardholder does not have to pay fees even when they are not using the card for their benefit.

In the comments section below, please share your thoughts regarding this credit card as well as any additional features you would like to see the bank introduce.

FAQs:

Is there another membership option available for the OTT platform or program?

No, the AU Small Finance Bank LIT Credit Card presently comes with free memberships for Zee5, CultFit, and Amazon Prime. The bank may provide other memberships in the future.

What is the fuel surcharge waiver that the AU Small Finance Bank LIT Credit Card offers?

The AU Small Finance Bank LIT Credit Card offers a 1% fuel surcharge waiver on all transactions between Rs. 400 and Rs. 5,000.

Could I carry over any unused free lounge passes to the following period?

No, your unused lounge access cannot be transferred. Each category has a set 90-day window during which you can use the advantage; if you miss that window, the benefit expires and becomes invalid.

Can I pick more than one benefit category for the AU Small Finance Bank LIT Credit Card?

Yes, you are able to select one or more benefit categories. The AU Small Finance Bank LIT Credit Card offers a fixed duration of 90 days or three months for each category.

AU Bank LIT Credit Card
Rating: 4.7/5