AU Purchase Credit Card
KeepEight domestic lounge visits, a billing cycle you pick, and ₹0 — with the earn unpublished.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until AU Small Finance Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
2 notes on the card itself: how it is issued · why it ranks #507
Why #507 A business card carried, not ranked. What it is: a lifetime-free procurement card with eight domestic lounge visits a year and a billing cycle the company chooses — and no published reward rate at all, which is why it is carried unvalued.
The take
The procurement half of AU's commercial pair, and the better-specified one on paper: eight complimentary DOMESTIC lounge visits a year — AU says domestic explicitly here where the Corporate card's page just says "airport" — up to 48 days of interest-free credit, and, unusually, a choice of billing cycle so a company can line the statement up with its own operating month. It exists to keep purchase spend off the T&E card: AU's own framing is "Separate operational and capital expenditure from other corporate spends", with a centralised expense-management console over the top. It is lifetime free, stated twice — once on the page and once in a fee table that covers all three commercial cards in a single NIL/NIL row. What is missing is the same thing missing from its sibling: a published reward rate. AU's interest table names a "Purchase Reward Credit Card" variant, so a rewards construct exists, and the number for it is not in any document AU publishes. This desk prices the lounge and the fee and will not invent the rest. Also worth knowing before you hand these out: the MITC strips corporate variants of balance transfer, EMI on call, merchant EMI, add-on cards and personal loans.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
AU Small Finance Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 1 Apr 2026 AU stops paying reward points on transportation merchant codes issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Lifetime free — "No Joining or Annual fee for Corporates", and NIL/NIL in AU's own fee table
- 8 complimentary domestic airport lounge visits a year
- Up to 48 days of interest-free credit
- A choice of billing cycle, so statements line up with the company's operating month
- A centralised expense console to track, monitor and control purchase spend
Watch out
- AU publishes NO reward rate for this card anywhere — this desk will not guess one, so the card is carried and not ranked
- Domestic lounge access only; nothing international is published at any tier
- No balance transfer, no EMI on call, no merchant EMI, no add-on cards and no personal loans — the MITC excludes all five for purchase variants
- Interest runs up to 3.49% a month, 41.88% a year
- AU charges a lounge card-validation fee that it explicitly says will NOT be reversed
- No forex markup is published for the commercial cards — AU's own fee table renders that row unreadably
What these points actually fly
AU Small Finance Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Through the company. AU publishes no eligibility table for the commercial shelf beyond "Eligibility criteria apply as per AU Small Finance Bank policy", and the commercial MITC addresses the "Corporate/Business entity and/or Cardmember" throughout, so the limit is sanctioned to the business and allocated from there.
AU Small Finance Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 7 Jul 2026AU makes the CheQ AU card lifetime free, dropping ₹499 joining and ₹499 renewal"CheQ AU — Joining Fee ₹499 & Renewal Fee ₹499"; the LED variant "Joining Fee ₹1499 & Renewal Fee ₹499"; renewal waived by spending ₹3,00,000 in a year. → "CheQ AU Credit Card — Lifetime free (₹999 + GST one-time fee applicable for LED Card only)." CheQ no longer appears in the fee-waiver block at all, because there is no fee left to waive.
Caught as live drift on 24 August 2026 and dated to the document that carries it: AU's bank-wide MITC and Schedule of Charges, version 2.21, "Last updated on 7th July'2026". The previous edition — version 2.19, 16 May 2026, still served from a different path on AU's own site — prints the old numbers in the same table, which is what makes this a change and not a reading error. AU announced nothing. A ₹499 card becoming lifetime free is a real buff and the direction is worth naming, but price it honestly, because the fee was never the problem with this card. AU advertises the CheQ AU rungs as percentages — 12% on CheQ Travel and utility bills, 5% on online shopping, 1% on everything — and every one of those headlines is exactly double what it returns, because AU prints the POINT count with a percent sign and a CheQ Point is worth ₹0.50 at AU's own published redemption rates. The base rung AU calls "1%" pays 0.5%. Removing ₹499 a year from a card that returns half what its own page claims makes it a better free card, not a good one — and the earn still lands in a CheQ app account rather than on your statement, and expires two years from credit. ONE READING TRAP, since a later lane will hit it: three editions of this MITC sit at four URLs on au.bank.in, two of them differing only in filename case and punctuation, eight months apart. Only /credit-cards/mitc(with-schedule-of-charges).pdf serves v2.21. A drift check run against any of the others is a drift check against a stale table.
- 6 May 2026AU relaunches its card range — Ananta tops a new four-card deck
- 10 Apr 2026AU more than doubles its domestic-lounge spend gate to ₹50,000/quarter
- 1 Apr 2026AU stops paying reward points on transportation merchant codes
- 22 Dec 2024AU rewrites where the ixigo co-brand earns — four categories to nil, three to a reduced rate
- 1 Apr 2024AU zeroes out rewards on fuel, rent, education and government
- 21 Mar 2024AU unveils Zenith+ — a metal card built for the departure gate
- 5 Jul 2023AU Rewardz devalues vouchers 20% and tolls every redemptionE-vouchers at ₹0.25/point; free redemptions; uncapped Zenith earning → E-vouchers cut to ₹0.20/point; ₹99 + taxes per redemption; Zenith capped at 40k points/cycle (20k per category)
AU's first big rewrite of its points program hits from three directions at once: the e-voucher rate — the redemption most cardholders actually use — drops from ₹0.25 to ₹0.20 per point, every successful redemption now costs ₹99 plus taxes, and Zenith's earning gets a 40,000-point statement-cycle ceiling. A closed-loop currency with no transfer partners just got 20% smaller and pay-per-exit.
Every AU Small Finance Bank change we've dated → 9 events since 2021, 5 of them nerfs — worst year 2024.
Verified against AU Small Finance Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 3 of them, each with the day we read it
- official AU Purchase Credit Card product page — the lifetime-free line, eight domestic lounge visits, the 48-day credit period and the choice of billing cycle
- official AU commercial MITC (last updated 15 July 2026) — NIL annual and NIL joining across all three commercial cards, the interest band, and the facilities purchase variants do not get
- official AU corporate Key Fact Statement (v1.0, 16 July 2026) — the same NIL/NIL fee row and the 48-day interest-free period