AU Business Cashback RuPay Credit Card
- Joining fee
₹99 + GST Per Month
- Annual fee
Nil
- Best suited for
Business Expenses
- Reward type
Cashback
Rewards
- Rewards rate
1% cashback, up to Rs. 1000 per statement cycle, on the Total Amount Due repayment
- Reward redemption
The cashback is credited automatically to the cardholder’s account
Benefits
- Movie & dining
Up to 30% off at over 300 partner restaurants across the country with the Silver Spoon Dining program
- Travel
8 complimentary railway lounge access per year, max 2 per quarter
- Insurance
Business insurance coverage for Cash in Counter, Cash in Transit, and Public Liability, Fire, burglary, and housebreaking insurance
Fees & charges
- Spend-based waiver
The monthly membership fee can be waived off on spending Rs. 10,000 or more in the statement cycle
- Rewards redemption fee
Nil
- Foreign currency markup
3.5%
- Interest rates
3.75% Per Month (45% Per Annum)
- Fuel surcharge waiver
1% fuel surcharge waiver on transactions between Rs. 400 to Rs. 5,000, max Rs. 200 per month
- Cash advance charges
2.5% of the amount withdrawn or minimum Rs. 100, whichever is higher
FAQs
How much is the joining fee of the Business Cashback Credit Card?
The AU Bank Business Cashback credit card charges a monthly fee of Rs. 99 plus taxes. Even at this nominal fee, the card offers benefits like 2% cashback, instant loans, and fire, housebreaking, burglary insurance, etc. that makes it the perfect solution for small businesses and self-employed people.
Does the Business Cashback credit card offer cashback?
Yes, the AU Bank Business Cashback RuPay credit card offers 1% cash back on the Total Amount Due repayment, capped at a maximum of ₹1000 per statement cycle. E-wallet spends or reloads, cash withdrawals, rent payments, and fuel spends are not considered towards milestone benefits.
Can I get an instant loan using the Business Cashback credit card?
Yes, it is possible to get an instant loan on your Business Cashback RuPay credit card to meet your business requirements and needs. Cardholders will be eligible for this benefit only after 90 days of getting the credit card issued.
Do I get complimentary domestic airport or railway lounge access with the card?
You do not get complimentary domestic airport lounge access with the credit card, but you do get complimentary railway lounge access. Using your credit card, you can get 8 complimentary lounge visits per year, a maximum of 2 per quarter. Even add-on cardholders can enjoy complimentary railway lounge access.
Can I get the monthly card fee waived?
Yes, it is possible to get the monthly ₹99 card fee waived on spending ₹10,000 or above in the card statement cycle. There are certain spends like E-Wallet spends or reloads, cash withdrawals, rent payments, and fuel spends that are considered towards the milestone spend.