What is the joining charge for the AU Small Finance Bank Altura Credit Card?

AU Small Finance Bank Altura Credit Card is a credit card offered by AU Small Finance Bank, which is a private sector bank in India. The Altura Credit Card is designed to offer a range of benefits and rewards to its users, such as cashback, reward points, discounts, and more.

The card comes with various features such as contactless payment, online payment, EMI conversion, and insurance cover. Cardholders can also enjoy benefits like airport lounge access, a fuel surcharge waiver, and discounts on dining and shopping.

To apply for the AU Small Finance Bank Altura Credit Card, individuals must meet the bank’s eligibility criteria and provide the necessary documents. The bank may also conduct a credit check to assess the applicant’s creditworthiness. If the application is approved, the bank will issue the credit card to the applicant, and they can start using it to make purchases and avail themselves of the various benefits and rewards offered by the card.

Fee and Charges

The fee and charges for the AU Small Finance Bank Ultura Credit Card may vary depending on the card variant, usage, and payment behavior of the cardholder. However, some of the common fees and charges associated with the card are:

1. The joining fee for the card may range from Rs.199 to Rs. 499, depending on the card variant.
2. The cash advance charge is just 2.5% of the amount withdrawn, subject to a minimum of Rs.100
3.  The annual fee for the card may range from Rs. 499 to Rs. 3,000, depending on the card variant.
4. The interest rate charged on the outstanding balance on the card is 3.59% per month, which is (43.08% annually) 
5. The over-limit fee is 2.5% of the amount, subject to a minimum of Rs. 500.
6. A late payment fee of Rs. 100 to Rs. 1,000 may be charged if the cardholder fails to make the minimum payment due by the due date.
7. A cash withdrawal fee of 2.50% to 3.50% of the withdrawn amount may be charged for cash withdrawals using a credit card.
8. A foreign currency markup fee of up to 3.5% may be charged on transactions made in foreign currencies.
9. The fuel transaction surcharge is 1% for transactions between Rs. 400 to Rs. 5,000.
10. Duplicated physical statement request charges are just Rs. 100.
11. The minimum amount due is just 5% of the total amount due including full EMIs and the previous month’s outstanding, or a minimum of Rs. 100. 

It is important to check the latest fees and charges associated with the card before applying for or using it to avoid any surprises or extra costs.

Benefits

The AU Small Finance Bank Altura Credit Card offers various benefits and rewards to its users, which may vary depending on the card variant and usage. Some of the common benefits of the card are:

• The cardholder may receive a welcome benefit in the form of reward points, cashback, or other offers as per the bank’s current promotions.
• The cardholder can earn reward points on every eligible transaction made using the card, which can be redeemed for a range of products and services.
• The card offers cashback on various categories such as fuel, groceries, dining, and more.
• Cardholders can enjoy complimentary access to select airport lounges in India.
• Cardholders can avail of a fuel surcharge waiver of up to Rs. 250 per billing cycle on fuel purchases made using the card.
• The card offers insurance coverage against lost card liability, air accidents, and personal accidents.
• The card comes with contactless payment technology, which enables faster and more secure transactions at select merchants.
• The cardholder can convert their high-value purchases into easy monthly installments at attractive interest rates.
• The cardholder can enjoy discounts and offers on dining, shopping, entertainment, and more at select merchants.
• Cardholders can transfer the outstanding balance from other credit cards to the AU Small Finance Bank Ultura Credit Card at attractive interest rates.

It is important to note that the benefits and rewards offered may vary from time to time, and it is advisable to check with the bank for the latest information on the card’s benefits and features.

Conclusion

AU Small Finance Bank Altura Credit Card is a feature-rich card that offers various benefits and rewards to its users. The card comes with contactless payment technology, an online payment facility, EMI conversion, balance transfer, insurance cover, reward points, cashback, and discounts on various categories. However, the fees and charges associated with the card may vary depending on the card variant and usage, and it is advisable to check with the bank for the latest information on the same. Overall, the card can be a good option for those looking for a credit card with many benefits and features.

The AU Small Finance Bank Credit Card comes with various fees and charges that may apply to cardholders depending on their usage and card variant. These fees and charges include an annual fee, a joining fee, a late payment fee, a cash advance fee, interest charges on outstanding balances, a foreign currency transaction fee, and others. However, the exact fees and charges may vary depending on the card variant and promotional offers at the time of application. It is important to note that some fees and charges may be waived off or reduced as part of promotional offers or if the cardholder meets certain spending criteria. Therefore, it is advisable to check with the bank for the latest information on the fees and charges applicable to the card.