Travel on Points

AU Nomo Credit Card

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  • Joining fee

    Rs. 199 + GST

  • Best suited for

    Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    2 RPs/₹100 Spent on Retail and 1 RP/₹100 Spent on Utility and Insurance

  • Welcome benefits

    500 Reward Points

  • Reward redemption

    1 RP = ₹0.25

Benefits

  • Travel

    2 Complimentary Railway Lounge Visits Per Calendar Quarter

  • Domestic lounge

    2 Free Visits Each Quarter on Spending ₹50,000 in a Calendar Quarter

Fees & charges

  • Rewards redemption fee

    ₹99 + GST

  • Foreign currency markup

    0.99%

  • Interest rates

    3.59% Per Month (43.08% Annually)

  • Fuel surcharge waiver

    1% Fuel Surcharge Waiver for Transactions Between ₹400 to ₹5,000 (₹100 Per Month)

  • Cash advance charges

    2.5% of the Cash Withdrawal Amount or ₹500, Whichever is Higher

Product highlights

  • AU Nomo is a secured credit card that can be availed against a Fixed Deposit of a minimum of ₹20,000.
  • 2 complimentary railway lounge access each quarter.
  • Spend-based airport lounge access.

Pros & cons

Pros

  • This card has a low forex markup charge of 0.99%.
  • Insurance and utility spends are also rewarded with this card.

Cons

  • NOMO Card is ideal for beginners in their credit journey, but those seeking higher features should look elsewhere.
  • If there were any dining or movie benefits associated with this card it would have been perfect for the younger generation looking for their first credit card.

FAQs

What is the minimum amount for a fixed deposit to get the NOMO Credit Card?

You would need to make a fixed deposit of at least ₹20,000 for the AU Nomo Credit Card.

Is the AU Nomo Credit Card lifetime free?

The AU Nomo Credit Card is not a lifetime free card. This card has a joining fee of ₹200 plus applicable taxes. But there are no charges from the second year onwards. Cardholders shall also be eligible for a bonus of 500 Reward Points as a welcome benefit.

What are the eligibility criteria for a NOMO Credit Card?

To be eligible for the AU NOMO Credit Card you would need to be at least 18 years old, be an Indian citizen, and have a Fixed Deposit with AU Bank (minimum of ₹20,000)