AU Bank Xcite Ace Credit Card
Joining Fee: No joining fee
Renewal Fee: No renewal fee
Reward Type: Reward Points
Rewards System
Retail Purchases: Earn 2 Reward Points for every ₹100 spent on general retail purchases.
Groceries, Departmental Stores, Movies, Dining: Earn 15 Reward Points per ₹100 spent in these categories, making it a great card for everyday essentials and entertainment.
Special Offer: Earn 2x Reward Points on all retail spends made between the 1st and 5th of every month, providing an incentive to plan your shopping during these dates.
Rewards Redemption
Portal:Redeem your Reward Points through the AU Rewardz portal, which offers a wide array of redemption options.
Merchandise: Choose from a variety of products, including electronics, home appliances, and more.
Gift Vouchers: Exchange your points for gift vouchers from popular brands, allowing you to shop at your favorite stores.
Travel Bookings: Use your points for flight, hotel, or bus bookings, making it easier to plan your next trip.
Mobile/DTH Recharges: Convert your points into recharges for your mobile or DTH services, adding convenience to your daily life.
Value: Each Reward Point is equivalent to ₹0.25 when redeemed on the portal. For example, 1,000 Reward Points would translate to ₹250 worth of value.
Travel Benefits
Domestic Railway Lounge Access: Enjoy 2 complimentary railway lounge accesses per quarter, totaling 8 free visits annually. These lounges offer a comfortable place to relax while waiting for your train, available at select locations such as New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, and Agra.
International Lounge Access: Not available with this card, as it is primarily focused on domestic travel perks.
Additional Benefits
Device Protection: The card offers a complimentary device protection plan on mobile phones, including a one-year extended warranty on mobile phones, laptops, tablets, and white goods. This feature ensures that your gadgets are covered against potential damages, providing peace of mind.
Fuel Surcharge Waiver: Save on fuel with a 1% surcharge waiver on fuel purchases between ₹400 to ₹5,000. The maximum waiver is capped at ₹250 per month.
Finance & Forex Charges
Interest Rate: 3.49% per month, which translates to 41.88% per annum. This rate applies if you carry a balance on your credit card.
Foreign Currency Markup Fee: 3.49% of the transaction amount, applicable when making purchases in foreign currency.
Cash Advance Fee: 2.5% of the withdrawn amount or ₹100, whichever is higher, making it relatively costly to withdraw cash using this credit card.
Summary
The AU Bank Xcite Credit Card is a lifetime free card offering excellent rewards on everyday purchases. Earn 15 Reward Points per ₹100 spent on groceries, dining, movies, and departmental stores, with a special 2x points on retail spends from the 1st to 5th of each month. Rewards can be redeemed through the AU Rewardz portal for merchandise, vouchers, and more, with each point worth ₹0.25.
The card also includes 2 complimentary railway lounge accesses per quarter and a 1% fuel surcharge waiver (capped at ₹250/month). Additional perks include complimentary device protection and an extended warranty on electronics.
With no joining or renewal fees, the Xcite Credit Card is an ideal upgrade for those seeking high rewards and valuable benefits without any annual costs.