AU Altura Credit Card
AU Altura is AU Small Finance Bank's entry-level rewards card, designed as a first credit card rather than a wealth-building tool. It pays 2% cashback on grocery, departmental-store and utility spends, and 1% on everything else, but both rates are capped at just ₹50 per statement cycle, keeping the actual return quite modest regardless of how much you spend. The ₹199 annual fee waives once you cross ₹40,000 of spend in a year. There's no airport lounge access, but the card does include 2 complimentary railway lounge visits per quarter — 8 a year — along with a 1% fuel surcharge waiver and a ₹50 milestone cashback in any statement cycle where retail spending crosses ₹10,000. Think of it as a low-friction way to build credit history and an AU Bank relationship, not as a serious rewards engine.
Key features
The essentials worth knowing before applying.
2% on Groceries
2% cashback on grocery and departmental-store spends, sharing a ₹50-per-cycle cap with utility and other bonus categories
2% on Utility Bills
2% cashback on utility payments, sharing the same ₹50-per-cycle cap; bills routed through BBPS don't earn anything
Annual Fee Waiver
₹199 + 18% GST (₹235 all-in) fee waived once you spend ₹40,000 in a year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100 a month
Milestone bonus
Extra cashback for crossing a minimum retail spend each statement cycle
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceries | cashback | 2% | ₹50 |
| Utility Bills | cashback | 2% | ₹50 |
| Other | cashback | 1% | ₹50 |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹235 |
| Joining fee (incl. 18% GST) | ₹235 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.49% |
| Fuel surcharge waiver | 1%, cap ₹100 |
Perks & benefits
Non-reward value adds up to roughly ₹1,200 a year.
Milestone bonus ~₹600/yr
₹50 additional cashback for any statement cycle where retail spending crosses ₹10,000 — repeatable every cycle.
Fuel surcharge waiver ~₹600/yr
1% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹100 a month.
Should you get it?
Best for: first-time credit card users and low-to-moderate spenders.
An entry-tier card, well suited to first-time and lower-spend users.
Value is strongest for shoppers who route spend through its grocery and utility categories.
✓ Pros
- Low ₹199 annual fee, waived on ₹40,000 of yearly spend
- Quarterly railway lounge access — a nice touch for a low-fee entry card
- RuPay acceptance paired with a 1% fuel surcharge waiver
✕ Cons
- Tight ₹50 monthly reward caps limit value for anyone spending meaningfully more
- Lacks the premium travel and lifestyle perks found on higher-tier cards
Eligibility & documents
Age
21–60 years
Employment
type: Salaried · Self-employed
Minimum income ₹12,000/month
Documents required
- PAN card
- Aadhaar or other valid address proof
- Bank statements for the last 3 months
- Income proof — salary slips for salaried applicants, ITR for self-employed
- Recent passport-size photograph
How to redeem rewards
Ways to turn cashback into usable value.
🎁 Direct statement credit or cashback adjustment
🎁 Online rewards catalogue for vouchers and merchandise
🎁 Flight and hotel bookings through the issuer's rewards portal
What your Cashback are worth
This card pays direct cashback rather than points, so there's no conversion math to worry about. Statement credit — direct cash adjustment, no conversion: ₹1.00 per unit. The main thing to watch isn't redemption value but the tight per-cycle earning caps — this is a card for building credit history, not for maximizing rewards.
The bottom line
Altura gives first-time AU customers a taste of premium perks — like railway lounge access — at a genuinely low ₹199 fee. As a starter card it does its job well; as a rewards engine, it won't move the needle much given the tight caps. Take it to build your credit history, then look at upgrading once your spending grows.
Frequently asked questions
Check your eligibility for this card
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