Credit card has become an essential tool for managing finances, whether it’s for paying bills, booking travel tickets, or shopping online. One such credit card that has gained popularity in recent times is the AU Bank Zenith Credit Card. Let’s dive deeper into what this credit card offers.
What is the AU Bank Zenith Credit Card?
The AU Bank Zenith Credit Card is a premium credit card offered by AU Small Finance Bank. It is designed to cater to the needs of high-net-worth individuals and provides exclusive privileges and benefits. The card comes with a wide range of features, including reward points, cashback offers, and complimentary lounge access.
The AU Bank Zenith Credit Card allows you to earn reward points every time you swipe the credit card for shopping, dining, and international spending. The annual fee of the credit card is Rs.7,999.
Key Highlights of the AU Bank Zenith Credit Card
Listed below are the key highlights of the AU Bank Zenith Credit Card:
- Get 10,000 bonus reward points when you spend Rs.1 lakh within the first 60 days of your credit card is activated.
- Earn 20 reward points for every Rs.100 you spend on dining.
- Get 4 complimentary domestic airport lounge visits every calendar quarter.
- Get air accident cover of Rs.2 crore.
Features and Benefits of the AU Bank Zenith Credit Card
The features and benefits of the AU Bank Zenith Credit Card are mentioned below:
Welcome benefits:
- Get Zomato Pro Annual Membership when you complete 5 retail transactions with the AU Bank Zenith Credit Card.
- Get vouchers of Rs.1,000 from a list of partner brands on the first retail transaction.
- Earn 10,000 reward points as a bonus when your retail spending reaches Rs.1 lakh.
Please note that the welcome benefits will be applicable on retail transactions made within the first 60 days of your credit card is set up.
Reward points benefits
- Get 10 reward points for every Rs.100 you swipe on the credit card for grocery spending and at departmental stores.
- Earn 10 reward points for every Rs.100 you spend internationally.
- Get 5 reward points for every Rs.100 you swipe on the card for other merchant categories.
- Earn 20 reward points for every Rs.100 spent on dining (standalone restaurants).
Birthday benefits
- When you complete one retail transaction on your birthday, you get 2,500 bonus reward points.
Fuel benefits
- Get a 1% waiver on the fuel surcharge when you use the AU Bank Zenith Credit Card to buy fuel at any fuel station in India.
Milestone benefits
- Get complimentary Epicure membership when you spend Rs.8 lakh or more during your credit card’s anniversary year.
- Get vouchers worth Rs.1,000 (from partner brands) when you spend a minimum of Rs.2 lakh in one calendar quarter.
- The first-year fee is waived when Rs.1.25 lakh is spent within the first 90 days.
- Waiver of second-year fee on Rs.5 lakh spends in the previous year
*The first-year and second-year fee waivers are applicable only on retails spends.
Railway lounge benefits
- Get 2 free railway lounge visits every calendar quarter at railway stations in:
- New Delhi
- Kolkata (Sealdah)
- Jaipur
- Ahmedabad
- Agra
- Madurai
Airport lounge benefits
- Get complimentary lounge access (domestic and international) at over 1,000 airport lounges.
- Earn 4 free domestic airport lounge visits every calendar quarter.
- Under the Priority Pass Program, get 2 free lounge visits every calendar quarter at partner airport lounges.
Equated Monthly Instalment (EMI) benefits
- Easily convert transactions of Rs.2,000 or more into EMIs.
- Choose any repayment tenure which is suitable for you.
- To book an XpressEMI, you should call the bank’s customer care number at 180012001500.
Insurance benefits
| Air Accident Cover | Rs.2 crore |
| Credit Shield | Up to Rs.5 lakh |
| Purchase Protection | Up to Rs.50,000 |
Card Liability Cover
- Incur Zero liability if your lost credit card has been used to make fraudulent transactions after you have reported the loss of the card to AU Bank.
- Get protection against credit card skimming, online fraud, and card counterfeiting.
Travel coverage
- Get a travel cover in the events of:
- Loss of baggage
- Delay of baggage
- Flight delay
- Lost passport
- Hijacking of airplane
Cashback Offers
The card offers cashback offers on various categories, such as dining, entertainment, and travel. The cashback is credited directly to the cardholder’s account.
Fuel Surcharge Waiver:
The card offers a waiver on fuel surcharge of up to Rs. 250 per month at any petrol pump across India.
Insurance Cover
The card provides an insurance cover of up to Rs. 2.5 lakhs against accidental death and disability.
Redemption of Points Earned on AU Bank Zenith Credit Card
You can redeem the reward points earned on the AU Bank Zenith Credit Card for:
- Merchandise on the AU Bank catalog
- E-vouchers of partner brands
- Flight ticket bookings
- Hotel room bookings
- Mobile/Direct-to-home (DTH) recharges
Eligibility Criteria to Apply for the AU Bank Zenith Credit Card
In order to apply for the AU Bank Zenith Credit Card, you should meet these eligibility criteria:
Eligibility Criteria and Documentation
To apply for the AU Bank Zenith Credit Card, the applicant must meet the following eligibility criteria:
- The applicant must be an Indian citizen or a non-resident Indian.
- The applicant must be between 18 to 70 years of age.
- The applicant must have a stable source of income.
- The applicant must have a good credit score.
To apply for the card, the applicant needs to submit the following documents:
- Identity Proof: PAN card, Aadhar card, Passport, Voter ID card.
- Address Proof: Aadhar card, Passport, Voter ID card, Driving license, utility bills.
- Income Proof: Salary slips, Income Tax Returns, and bank statements.
- Passport-sized photographs.
Fees and Charges of the AU Bank Zenith Credit Card
These are the fees and charges of the credit card:
| Type of charge | Fee | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining fee | NIL | ||||||||||||
| Annual fee | Rs.7,999 | ||||||||||||
| Fee for an add-on card | NIL | ||||||||||||
| Revolving credit charge | 1.99% per month (23.88% annually) | ||||||||||||
| Cash advance fee | 2.5% of the amount withdrawn, subject to a minimum of Rs.100 | ||||||||||||
| Limit for cash advance | 20% of the credit limit | ||||||||||||
| Minimum repayment amount | 5% or minimum Rs.100 | ||||||||||||
| Overlimit charges | 2.5% of over limit amount, subject to a minimum of Rs.500 | ||||||||||||
| Fee for redeeming reward points | NIL | ||||||||||||
| Cash processing fee | NIL | ||||||||||||
| Fee for processing an outstation cheque | Rs. 25 | ||||||||||||
| Processing fee for a balance transfer |
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| Credit card validation fee at lounges | Rs.2 | ||||||||||||
| EMI conversion fee |
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| The charge for Priority Pass Lounge | $27 plus taxes per person for every visit | ||||||||||||
| Foreign currency mark-up fee | 1.99% | ||||||||||||
| Fee for duplicate physical statement request | Rs.100 | ||||||||||||
| Fee for reissue of lost/damaged/stolen credit card | Rs.100 | ||||||||||||
| Goods and Services Tax (GST) | 18% | ||||||||||||
| Late Payment Charges |
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FAQs on AU Bank Zenith Credit Card
- Will add-on credit cardholders also get airport and railway lounge benefits? Yes, add-on cardholders will also get an airport and railway lounge benefits.
- How do I reach the AU Bank concierge desk? You can reach the AU Bank concierge desk by calling the toll-free number, 18002100298. You can also call 022-42320298 to reach the concierge desk.
- Which e-mail ID can I write to for queries regarding the AU Bank Zenith Credit Card? You can write to [email protected] and clarify your doubts about the AU Bank Zenith Credit Card.
- Can credit cards be used for contactless transactions? You can use the AU Bank Zenith Credit Card to make secure and contactless payments. This can be done by tapping your credit card at Point-of-Sale (POS) terminals of partner merchants without having to enter your PIN. Please note that contactless payments can be made for transactions up to Rs.5,000.
- What is the interest-free period for the AU Bank Zenith Credit Card? The interest-free period is up to 50 days.
- How do I claim the insurance benefits available with the credit card? To claim the insurance benefits, you can call AU Bank customer care at 180012001500.
Conclusion
The AU Bank Zenith Credit Card is a premium credit card that provides various privileges and benefits. It is ideal for high-net-worth individuals who frequently travel and make transactions online. However, the card comes with a high annual fee, which may not be suitable for everyone. Before applying for the card, one should carefully consider the fees and charges and the eligibility criteria.