AU Bank InstaPay Credit Card
Joining Fee: Joining fee
Renewal Fee: Renewal fee
Reward Type: Cashback
AU Bank InstaPay Credit Card: Cashback Overview
Cashback on UPI Transactions:
The AU Bank InstaPay Credit Card offers 1% direct cashback on UPI (Unified Payments Interface) transactions. This benefit applies to a range of eligible spending categories, making it a versatile option for everyday purchases.
Eligible Categories for Cashback:
- Departmental Stores
- Dining
- Pharmacy
- Grocery
- Supermarkets
Maximum Cashback Limit: Rs.100 per statement cycle
Foreign Currency Markup Fee:
Markup Fee: 3.49% of the transaction amount
Summary
The AU Bank InstaPay Credit Card provides 1% cashback on UPI transactions across various categories, including departmental stores, dining, pharmacies, groceries, and supermarkets, with a maximum cashback limit of Rs. 100 per statement cycle. It charges a 3.49% foreign currency markup fee.
Ideal for beginners and UPI users, this card offers primary rewards with no joining or annual fees. As a virtual credit card, it allows for secure and convenient transactions via smartphone, making it a practical choice for everyday purchases despite having lower cashback compared to other cards.