AU Small Finance Bank LIT

Fees

Waiver: No joining or annual/renewal fee for the life of the card, regardless of spend. As with the Visa variant, almost every meaningful benefit (accelerated reward points, category cashback, lounge access, fuel surcharge waiver, OTT subscriptions) is an optional add-on activated and paid for every 90 days via the AU 0101 app; the card is 'free' only in the sense that the base card itself carries no fee. AU Bank's shared LIT terms & conditions document covers both the Visa and RuPay variants together and does not describe a different fee structure for RuPay, but no aggregator source independently breaks out RuPay-specific pricing, so this parity is inferred from the shared official document rather than separately confirmed line-by-line.

Rewards

Perks

• ✓Domestic lounge access: 4/yrNot automatic. The cardholder must activate a paid 'lounge access' feature for ₹399 per 90-day cycle in the AU 0101 app, which then grants domestic lounge visits within that window. cardinsider.com's dedicated LIT review states this as 1 complimentary visit per quarter (4/year if activated every quarter) — the figure used here; some other aggregator pages instead describe 2 visits per cycle (up to 8/year), so treat 4/year as the more conservatively-sourced number rather than a fully settled one. Unused visits do not carry over and the feature auto-renews unless cancelled. This lounge mechanic is documented for the LIT product generally rather than confirmed as identical on the RuPay network specifically; no source flags a RuPay-specific difference, but none independently confirms parity either.
• ✓Fuel surcharge waiver: 1%
• ✓Forex markup: 3.5%
• ✓Credit shield / zero-liability cover on fraudulent transactions, reported as up to ₹1.5 lakh across aggregator sources; not corroborated on an official AU Bank T&C PDF
• ✓India's first fully configurable credit card: cardholders log into the AU 0101 app each 90-day cycle and pick and pay for only the features they want (₹49-₹399 per feature per cycle) instead of getting a fixed, always-on benefit set
• ✓Without activating any paid feature, the base earn rate is a flat 1 reward point per ₹100 spent (roughly 0.25% back at the card's ₹0.25-per-point redemption value) on retail spend; AU Bank's own LIT terms & conditions state this base rate applies to the product as a whole and do not list a different rate for the RuPay network
• ✓This RuPay variant can be linked to UPI apps (Google Pay, PhonePe, etc.) for everyday QR/UPI payments, per RBI's rule permitting only RuPay-network credit cards to link with UPI; the Visa variant of this card cannot do this
• ✓Switching between the Visa and RuPay LIT variants is contested, not confirmed: some community threads cite a ₹199+GST conversion fee with any active paid feature forfeited (accrued reward points reported to transfer within ~15 working days), but a separate AU Bank support-forum thread states conversion 'is not available at the moment' — do not rely on being able to switch networks after issuance without confirming directly with AU Bank first
• ✓1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 requires activating a separate ₹49-per-90-days feature; not automatic
• ✓Separate 'milestone' cashback add-ons: 5% extra cashback (capped ₹500) on ₹10,000+ spend in a 30-day window for ₹299/90 days, or 2% extra cashback (capped ₹1,000) on ₹15,000+ spend in a 30-day window for ₹199/90 days
• ✓Optional 3-month subscriptions to ZEE5 (~₹99) and Amazon Prime (~₹299) can also be activated as paid features
• ✓Reward points cannot be earned on fuel, rent, EMI conversions, cash withdrawals, education payments, government payments, or utility/BBPS bill payments
• ✓Reward redemption carries a reported ₹99 processing fee per request; redemption value is 1 point = ₹0.25
• ✓Sources disagree on the overall reward-points cap: some cite a maximum of 10,000 points per statement/billing cycle, others cite 25,000 points per billing cycle for redemption purposes; this record uses the more commonly cited 10,000-point figure for the accelerated-earning cap but the discrepancy is unresolved
• ✓A March 2025 revision ('devaluation') removed dining and electronics from the 5% category-cashback options, leaving grocery and apparel as the two paid cashback categories confirmed on current (2026) aggregator pages; this applies to the LIT product as a whole and is not RuPay-specific
• ✓No aggregator review site (cardinsider, bankbazaar, paisabazaar, cardmaven) publishes a dedicated write-up of the RuPay variant's add-on menu separately from the Visa write-up; the evidence that this variant genuinely exists and shares the same fee/feature structure comes from AU Bank's own shared LIT terms & conditions page plus corroborating community forum threads (TechnoFino, CardMaven forum) showing actual issued RuPay cards, not from an independent aggregator review. Reports on whether an existing Visa card can be converted to RuPay (and for what fee) are contradictory across those same forum threads — see the network-switch note above.
• ✓Add-on cards reported as free for up to 3 additional cardholders (single-source claim, not independently corroborated)