The AU Bank LIT Credit Card is a unique and customizable credit card designed to cater to the diverse needs of Gen Z and Millennial consumers. It’s a lifetime-free card that allows you to choose features based on your lifestyle and spending habits. This makes it a versatile card that can adapt to your changing needs.
Key Features and Benefits
Customization:
- The LIT card offers a unique feature of customization. You can choose from a variety of features like accelerated rewards, cashback, lounge access, and more.
- You can select and change these features every 90 days through the AU 0101 app.
- This allows you to tailor the card to your specific needs at any given time.
Reward Points:
- You earn 1 reward point for every Rs. 100 spent on all transactions.
- The reward points can be redeemed for cashback, gift vouchers, or statement credit.
- You can earn up to 10X reward points on selected categories based on the features you choose.
Cashback:
- The card offers a base cashback of 1% on all spends.
- You can earn additional cashback of up to 5% on selected categories based on the features you choose.
Other Benefits:
- Fuel Surcharge Waiver: You can get a fuel surcharge waiver of up to Rs. 100 per month on fuel transactions between Rs. 400 and Rs. 4,000.
- Airport Lounge Access: You can avail complimentary airport lounge access based on the features you choose.
- No-Cost EMIs: You can enjoy no-cost EMIs on select purchases.
- Exclusive Offers: You can get exclusive offers and discounts from partner merchants.
Fees and Charges
- Joining Fee: Nil
- Annual Fee: Nil
- Finance Charges: 3.5% per month
- Cash Advance Fee: 2.5% of the cash advance amount (minimum Rs. 500)
- Foreign Transaction Fee: 3.5% of the transaction amount
Quarterly Feature Fees:
The feature fees for the LIT card vary depending on the features you choose. These fees are charged quarterly.
Eligibility Criteria
To be eligible for the AU Bank LIT Credit Card, you must:
- Be an Indian resident.
- Be at least 21 years old.
- Have a good credit history.
- Have a stable source of income.
How to Apply
You can apply for the AU Bank LIT Credit Card online through the AU Bank website or the AU 0101 app.
Overall, the AU Bank LIT Credit Card is a great option for individuals who want a customizable credit card that offers a variety of benefits. Its lifetime-free nature and flexible features make it a valuable addition to your wallet.
Please note that the terms and conditions of the AU Bank LIT Credit Card are subject to change. It’s always advisable to check the latest information on the AU Bank website or by contacting their customer care.
