The AU Bank Small Finance Bank is a commercial organization that commenced its operations in April 2017 and it serves almost 40 lakh customers all over India. It recently launched Business Cashback Rupay credit card in partnership with Rupay. This card is meant for self-employed individuals and MSMEs (Micro Small and Medium Enterprises).
AU Small Finance Bank’s Business Cashback Credit Card is designed to streamline the daily business processes and simultaneously provide the cash flow that is required for the growth and maintenance of the business. All kinds of expenses like recurring monthly expenses or urgent ones are taken care of in a hassle-free manner and earn cashback on purchases.
AU Bank Business Cashback Credit Card is one of the Best Cashback Credit Card that is meant for business purposes and not for personal use except for travel, cashback, and lifestyle privileges. With this card, MSMEs can incur their monthly expenses, and urgent expenses very easily while earning cashback.
Characteristics of AU Bank Business Cashback Credit Card
Below mentioned are the characteristics of the AU Bank Business Cashback Credit Card:
- 1% cashback on repayment of the total amount due on the credit card bill
- Instant loan facility on the credit card
- 1% fuel surcharge waiver, up to a maximum benefit of INR 200 per month
- Up to 30% discount at partner restaurants with the Silver Spoon Dining program
- 8 complimentary railway lounge access, max 2 per quarter
- Transactions worth INR 2000 or above can be easily converted to EMIs
- Business insurance, fire, burglary, and housebreaking insurance, card liability cover, and air accident cover
- Spend-based monthly card fee waiver
Features & Benefits
Below mentioned are the features of the AU Bank Business Cashback Credit Card:
· Cashback:
Get 1% cash back on the repayment of the total amount due (Maximum cashback* per statement cycle is INR 1000).
*Wallet reloads/spends, Rent payments, Cash withdrawals, and Fuel spend will not be considered for milestone benefits.
· Instant Loan:
Get an instant loan on the card to meet your business requirement.
Note: Eligible cardholders can avail of the benefit after 90 days of the Credit Card issuance date.
· Fuel surcharge waiver:
Get a 1% fuel surcharge waiver for transactions ranging between INR 400 to INR 5,000 across all fuel stations in the country (Maximum INR 200 per statement cycle)
· Railway Lounge:
Get 8 complimentary lounge access per annum (maximum 2 per calendar quarter), using VISA/RuPay Card at railway stations. Add-on cardholders can also enjoy these Railway lounge benefits but to a limited complimentary number of visits.
· Business Insurance Coverage:
Cash in Counter*: INR 25,000
Cash in Transit* & Public Liability*: INR 1.5 Lakhs each
Fire Insurance* Burglary & Housebreaking*: INR 2 Lakhs each
To claim any insurance benefits, please call Customer Care Number- 1800-120-130-130 or write to [email protected]
· Business Insurance Coverage:
Cash in Counter*: INR 25,000
Cash in Transit* & Public Liability*: INR 1.5 Lakhs each
Fire Insurance* Burglary & Housebreaking*: INR 2 Lakhs each
** To claim any insurance benefits, please call Customer Care Number- 1800-120-130-130 or write to [email protected] **
· Customer Service:
Mail the queries to [email protected] for priority assistance
· Contactless Card Usage:
Use AU Credit Card to make quick, secure & easy payments by just tapping the card and paying at participating merchants without entering your Credit Card PIN for amounts up to INR 5,000.
· Xpress EMI:
Convert all transactions worth INR 2,000 or more into easy EMI options on the select tenure of your choice. Simply call the Customer Care helpline to book your Xpress EMI or to book it online.
· Add-on Cards:
Offer your Business Cashback Credit Card benefits to your loved ones and it comes free for a lifetime!
· Silver Spoon Dining Program:
Up to 30% discount on appetizing food at our selected 300+ partnered restaurants in 30 cities.
Fees & Charges
| Spend based Waiver | The monthly membership fee can be waived on spending INR 10,000 or more in the statement cycle |
| Rewards Redemption Fee | Nil |
| Foreign Currency Markup | 3.5% |
| Interest Rates | 3.59% monthly or 43.08% per annum |
| Fuel Surcharge | 1% fuel surcharge waiver on transactions between INR 400 to INR 5,000, max INR 200 per month |
| Cash Advance Charge | 2.5% of the amount withdrawn or a minimum of INR 100, whichever is higher |
| Add-on Card Fee | Nil |
| Joining/Annual Membership Fees per annum (Excluding GST) | ₹ 99 per month |
| Fuel Transaction Surcharge | Maximum of ₹ 200 per statement month |
| Charges on Revolving Credit | 3.59% per month (43.08% annually) |
| Cash Advance Limit | 30% of the card limit |
| Foreign Currency Markup Fee & Other Charges | 3.49% |
Eligibility Criteria
Below mentioned are the eligibility criteria to apply for AU Bank Business Cashback Credit Card:
· The minimum age of the applicant should be 21 years.
· The maximum age of the applicant should be 60 years.
· The age of the add-on cardholder should be above 18 years.
· An applicant should be an Indian resident.
Documents Required
Below mentioned are the documents required to apply for an AU Bank business Cashback Credit Card along with their latest photographs:
ID Proof – Aadhar Card, PAN Card, Voters’ Id, Passport, Driving License, etc.
Address Proof – Aadhar Card, Latest Utility bills, Passport, Driving License, etc.
Income Proof – Latest salary slip or latest audited ITR
How to Apply for AU Bank Business Cashback Credit Card?
Below mentioned are the steps to apply for AU Bank Business Cashback Credit Card:
· Visit the official website or mobile app of AU Bank.
· Go to the option “Cards” on the top menu and then click on “Credit Cards”.
· Click on “Commercial Credit Cards” and then select “Business Cashback Credit Card”.
· Click on “Apply Now” to start with the application process.
· Upload the documents required.
· Submit the application.
Customer Care
For any queries or grievances related to AU Bank Credit Card, the cardholders may contact the below-mentioned numbers:
| Altura, Altura Plus, LIT Credit Cardholders | [email protected] |
| Vetta, Zenith Credit Cardholders | [email protected] |
| SwipeUp Xcite series of Credit Cardholders (as per the card variants) | [email protected]@aubank.in |
| For Reward Points related queries: | [email protected] |
| 24×7 Call Centre Number (Toll-Free) | 1800-1200-1500 |