AU Nomo Credit Card
Joining Fee: ₹199 + GST
Renewal Fee: N/A
Reward Type: Reward Points
Welcome Benefits
Joining Benefit: Receive 500 Reward Points (valued at Rs. 125) upon making a transaction within the first 30 days of card issuance.
Reward Rates
Retail Transactions: Earn 2 Reward Points per ₹100 spent.
Utility and Insurance Transactions: Earn 1 Reward Point per ₹100 spent.
Exclusions: No Reward Points on fuel, cash, rent, education, and government transactions.
Reward Redemption
Redemption Rate: 1 Reward Point = ₹0.25.
Redemption Portal: AU Rewardz.
Milestone Benefits
Spend ₹25,000 per Quarter: Earn 500 additional Reward Points.
Spend ₹50,000 per Quarter: Earn an additional 500 Reward Points.
Travel Benefits
Domestic Lounge Access: Earn 2 complimentary airport lounge visits per quarter by spending ₹30,000 in the previous quarter. This benefit is offered to both primary and add-on cardholders.
Railway Lounge Access: Enjoy 2 free railway lounge visits per quarter (total of 8 visits per year) at select locations.
Forex Fees
Foreign Currency Markup Fee: 0.99% of the transaction amount.
Summary
The AU Nomo Credit Card is a secured credit card designed for newcomers to credit, students, and those looking to boost their credit scores. With a low joining fee of Rs. 199 + GST and no renewal charges, it offers great value. Cardholders earn 2 Reward Points per ₹100 spent on retail transactions and 1 Reward Point per ₹100 on utility and insurance transactions, with a redemption rate of 1 Reward Point = ₹0.25 through the AU Rewardz portal. Benefits include 500 Reward Points as a joining benefit, milestone rewards for quarterly spending, and complimentary lounge access. The card charges a low 0.99% foreign currency markup fee and provides travel perks such as domestic and railway lounge access. Ideal for those starting their credit journey, the AU Nomo Credit Card offers competitive rewards and valuable travel benefits.