Credit Card
AU LIT Credit Card
2 min read
•
Aug 31, 2022
Table of contents
LIT Credit Card by AU Small Finance Bank is the first customized Credit Card introduced in the banking sector. It is mainly for the benefit of Gen Z and Millennials who want more control over their products. This card is unique from the other Credit Card offered by the bank, as it gives you the power to choose features as per your preferences. Let's get to know more about the card's features, benefits & how you can apply for it.
What is LIT Credit Card?
LIT (Live It Today) Credit Card is designed for customers who need more control over their products. Whether you are searching for a card with shopping, travel, or entertainment benefits, this is the ideal card with which you can fulfil your specific requirements. This Credit Card allows you to add or change features as per your spending pattern.
Read More: - Customized Credit Cards in India
LIT Credit Card - Features & Benefits
You can enjoy the following customisable benefits on the LIT Credit Card.
Shopping Rewards:
- Get accelerated 10x or 5x Reward Points on all online or offline domestic and international transactions.
Milestone Cashback:
- LIT Credit Card lets you earn an additional 5% or 2% Cashback on retail spending along with one reward point for INR 100 spent.
Fuel Surcharge Waiver:
- Earn 1% fuel surcharge waiver for transactions ranging from INR 400 to INR 5,000.
Category Cashback:
- Get 5% cashback on groceries, apparel, along with one reward point for INR 100 spent.
Airport Lounge Access:
- Get up to 2 lounge visits per quarter at the airport.
Memberships:
Eligibility to get 3 Months of Membership of:
- ZEE5
- Amazon Prime
Fees & Charges of AU LIT Credit Card
| Types of Fees / Charges | Amount |
| Cash Advance Limit | 20% of the credit limit |
| Annual/Renewal Fee | Lifetime free |
| Charges on Revolving Credit | 3.49% per month (41.88% annually) |
| Cash Advance Charges | 2.5% of amount withdrawn, subject to a minimum of `100 |
| Late Payment Charges | |
| Total Amount Due/ Statement Balance - Late Payment Charges | |
| Less than or equal to INR 100 - Nil | |
| Above INR 100 and up to INR 500 - INR 100 | |
| Above INR 500 and up to INR 5,000 - INR 500 | |
| Above INR 5,000 and up to INR 10,000 - INR 700 | |
| Above INR 10,000 and up to INR 20,000 - INR 800 |
AU LIT Credit Card is a lifetime free Credit Card.
How to get LIT Credit Card?
Follow the steps below to customize your AU LIT Credit Card:
- Visit https://www.au.bank.in/personal-banking/credit-cards/lit-credit-card and scan the QR code to download the AU 0101 App.
- On the AU 0101 App, select the features as per your spending behaviour and needs.
- Check for the price associated with the features and add them accordingly.
- Power to opt-in or opt-out of any feature that you want.
- Using the AU 0101 App, you can easily keep track of your Rewards and Cashbacks.
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