AU Bank Vetta Credit Card Feature, Benefits and Charges
The AU Bank Vetta Credit Card is a premium lifestyle card designed for users seeking accelerated rewards, milestone bonuses, and substantial travel perks. The card is most notable for its aggressive rewards structure, lounge access, and comprehensive insurance coverage.
Features and Benefits
Feature/Benefit
Details
Welcome Benefit
₹2,000 worth brand vouchers on spending ₹30,000 within 60 days of card setup
Reward Points
4 points/₹100 on groceries, departmental stores, utility bills; 2 points/₹100 elsewhere; 1 point/₹100 on rent, education, insurance, govt. spends
Milestone Rewards
500 bonus points on ₹50,000/quarter spend; 1,000 bonus points for ₹1 lakh/quarter; ₹1,000 vouchers on ₹2.5 lakh/anniversary year; 1,000 bonus on birthday
Air accident: ₹50 lakh; Credit Shield: ₹2 lakh; Purchase Protection: ₹25,000; extra travel covers (loss of baggage/passport, flight delay, hijack)
Fuel Surcharge Waiver
1% waiver on transactions between ₹400–₹5,000 (max ₹250/statement)
Concierge Service
24×7 global support for travel, dining, golf bookings
Redemption
Reward points can be redeemed for hotel/flight bookings, merchandise
Fees and Charges Associated with the AU Small Finance Bank Vetta Credit Card
Charge Type
Amount
Joining Fee
₹2,999 + GST (waived on ₹40,000 spend in 90 days)
Annual Fee
₹2,999 + GST (waived on ₹1.5 lakh spend previous year)
Finance Charges
3.59% per month (43.08% annualized)
Overlimit Fee
2.5% of overlimit amount (min ₹500)
Rent Payment Charges
1% of transaction or ₹99 + GST (whichever higher)
Forex Markup
2.99% of transaction value
Cash Advance Fee
2.5% of withdrawn amount or ₹500, whichever higher
Late Payment Fee
₹100–₹1,300 based on bill amount (see slab below)
Late Payment Fee Structure
Outstanding Due
Fee (₹)
≤ ₹100
NIL
101–500
100
501–5,000
600
5,001–10,000
700
10,001–20,000
800
20,001–50,000
1,100
> 50,000
1,300
Additional Notes
This comprehensive overview helps you quickly compare the AU Bank Vetta Credit Card with other premium offerings, using a detailed, organized format suitable for digital content creation and SEO-focused presentations.
AU Small Finance Bank Vetta Credit Card’s Rewards Program
The AU Small Finance Bank Vetta Credit Card offers a well-structured rewards program named AU Rewardz, combining category-based earnings with quarterly and annual milestones. The program caters to premium users seeking a mix of lifestyle, shopping, and travel perks.
AU Vetta Credit Card – Rewards Program
Category of Spend
Reward Points (per ₹100)
Effective Reward Rate
Notes and Exclusions
Groceries & Departmental Stores
4 RP
~1.0%
Everyday essentials, supermarkets
Other Retail Spends
2 RP
~0.5%
Applicable for all merchant categories except excluded ones
Minimum redemption thresholds apply; points expire in 2 years
Example Calculation
If you spend ₹1,00,000 in a quarter — ₹30,000 on groceries, ₹50,000 on retail, and ₹20,000 on utilities:
Base earnings = (30,000×4) + (50,000×2) + (20,000×1) = 2800 RP
Quarterly milestone bonus = 1500 RP
Total = 4,300 RP = ₹1,075 in value (1.075% blended return rate)
Summary of Reward Value
Reward value per point: ₹0.25
Maximum effective reward rate: ~1.5% (including milestones)
Reward point validity: 24 months from accrual
The AU Bank Vetta Credit Card’s Reward Program offers attractive multitiered earnings and periodic bonuses, ideally suited for users with moderate to high monthly spends who frequently transact on groceries, retail, and utilities while availing travel and lifestyle privileges.
Eligibility and Application Process
.
Eligibility Criteria
Criteria Type
Requirement
Age (Primary Holder)
21 to 60 years
Age (Add-on Holder)
Minimum 18 years
Citizenship
Indian Resident only
Employment Type
Salaried or self-employed with stable income source
Minimum Annual Income
₹2.5 lakh and above (indicative)
Credit Score
750 or higher preferred for approval
Residence Stability
Verified address proof required; urban/semi-urban areas preferred
Eligible Cities
Available across major Indian cities through AU Small Finance Bank branches and online portal
Documents Required
Document Type
Acceptable Proofs
Identity Proof
Aadhaar Card, PAN Card, Passport, Voter ID, or Driving Licence
Address Proof
Passport, Aadhaar Card, Electricity Bill, Voter ID, or Rent Agreement
Income Proof
Latest 2 salary slips, Form 16, last 3–6 months Bank Statement, or ITR
Photograph
One recent passport-size colour photo
Application Process
Step
Process Description
Step 1
Visit AU Bank Official Website or a financial partner portal such as Paisabazaar or MyMoneyMantra
Step 2
Navigate to Credit Cards → Vetta Credit Card and click on Apply Now
Step 3
Fill in your details such as PAN, date of birth, employment type, and Aadhaar-linked mobile number
Step 4
Verify your mobile number using OTP, and proceed with full video KYC verification
Step 5
Upload required documents and submit your application
Step 6
Application approval timeline: typically 2 working days after document verification
Step 7
Physical credit card delivery within 5–6 business days post-approval
Additional Notes
No invitation or referral is required to apply for the Vetta Credit Card
Eligibility assessment considers income consistency, credit utilization, and payment history
Application tracking is available on the AU Bank Credit Card portal using mobile number or application ID
