AU Bank Xcite Credit Card
Joining Fee: No joining fee
Renewal Fee: No renewal fee
Reward Type: Reward Points
Rewards Rate
Retail Purchases: 2 Reward Points per ₹100
Dining, Movies, Groceries, Departmental Stores: 15 Reward Points per ₹100
Special Offer: 2x Reward Points for retail spends between the 1st and 5th of each month
Exclusions: No points for fuel and wallet transactions
Reward Redemption
Portal: AU Rewardz
Value: 1 Reward Point = ₹0.25
Travel Benefits
Domestic: 2 complimentary railway lounge accesses per quarter (8 per year) at selected cities (New Delhi, Kolkata, Jaipur, Ahmedabad, Agra)
International: Not Applicable
Insurance Benefits
Device Protection: Complimentary
Extended Warranty: 1 year on selected electronics
Additional Benefits
Fuel Surcharge Waiver: 1% on fuel transactions (max. ₹250 per month)
Finance & Forex Charges
Interest Rate: 3.49% per month (41.88% per annum)
Foreign Currency Markup Fee: 3.49%
Cash Advance Fee: 2.5% of the withdrawn amount or ₹100 (whichever is higher)
Summary
The AU Bank Xcite Credit Card offers a compelling option for those seeking a lifetime-free card with robust rewards. With no joining or renewal fees, it provides 2 Reward Points per ₹100 spent on retail purchases and 15 Reward Points per ₹100 on dining, movies, groceries, and departmental stores. Specially, cardholders earn double points on retail spends from the 1st to the 5th of each month. The card also includes 2 complimentary railway lounge accesses per quarter at select cities and benefits like device protection and extended warranty on electronics. Though it excludes rewards on fuel and wallet transactions, and has higher foreign currency markup and interest rates, the Xcite Credit Card stands out as an excellent entry-level option for those looking to upgrade from basic cards with no annual fees. For those seeking more premium features, AU Bank also offers the Xcite Ace and Xcite Ultra Cards.