AU Bank Traverse Credit Card (NRI)
KeepAU's only card priced for a passport, not a payslip — 0.99% forex and a real Priority Pass, if you can prove you're an NRI.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: MakeMyTrip voucher worth ₹5,000 on activation within 30 days
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Breaks even only by erasing its fee at ₹50,000 a month
At ₹50,000 a month — ₹6,00,000 a year — on the everyday mix this card returns ₹3,000 gross (earn ₹3,000) against a fee of ₹0 — the ₹4,999 is waived, the spend having cleared ₹6,00,000 a year = ₹3,000 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · the network variants
The take
Traverse sits in AU's cheapest forex tier — 0.99%, matched only by Zenith+ and NOMO on the whole shelf — and it is the one AU card built around international spend rather than a domestic accelerator: 4 reward points per ₹100 abroad against 2 at home. AU's own MITC names Traverse among just four cards carrying Priority Pass (with Vetta, Zenith+ and ixigo AU) and states a complimentary quota exists before the $35+tax charge kicks in; AU's own product page puts a number on it — "2 Complimentary Domestic and International Airport Lounge Access per quarter" — but the lounge terms that same page links to leave Traverse out of every complimentary international table and price its visits at US$35. A terms schedule beats a marketing page, so we map no doors for it. The ₹6,00,000 waiver bar is steep and the reward currency is the same closed-loop AU points every other AU card pays into: ₹0.25 in a catalogue, ₹99 + GST per redemption, no confirmed Air India transfer (Traverse doesn't appear in AU's own Maharaja Club conversion table the way Zenith+ does). The card everywhere else in the KFS is written "Traverse (NRI)" with its own overseas-reachable helpline, and AU's product page settles what the KFS only implied: the applicant "must be a Non-Resident Indian" with both an NRE account and an NRE fixed deposit at AU, aged 18 to 75, applying at a branch. Hold it for the forex and the lounges; the points are a rounding error next to either.
Your renewal — keep, downgrade or cancel
This card reaches break-even by ERASING its fee, not by out-earning it: the waiver is the decision.
Keep, downgrade or cancel
₹4,999/yr at stake · 5 spend bands
The charge ₹4,999/yr
The waiver ₹6,00,000 of spend in the year before renewal — about ₹50,000 a month — and the renewal fee is not charged.
Break-even ₹50,000 a month — ₹6,00,000 a year — is where this card's value crosses its fee, and it gets there by erasing the fee at the waiver rather than out-earning it.
At your spend
−₹3,500 a year, net of the fee, at ₹3,00,000 of annual spend
₹3,000 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹6,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹18,000 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹30,000 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
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 the numbers above are the whole 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
- 0.99% forex markup — AU's second-cheapest card after ixigo AU's 0%, and the only premium-tier card at that rate besides Zenith+
- Priority Pass named on AU's own Schedule of Charges (one of five AU cards that carries one) — but the terms publish no complimentary count for Traverse, and the fee row bills its visits at US$35
- A Taj voucher worth ₹10,000 at ₹10 lakh of anniversary-year spend, on AU's own product page — fuel and cash don't count toward it
- 4 RP/₹100 on international spend — the accelerator points at the card's own use case
- Zero cash-withdrawal fee, 50% of limit cash-advance ceiling — the highest cash access on the AU shelf after Zenith+
Watch out
- ₹4,999 a year, waived only at ₹6,00,000 of anniversary-year spend — the second-steepest bar on the AU shelf
- NRI-only, and AU says so in writing: the applicant must be a Non-Resident Indian holding BOTH an NRE account and an NRE fixed deposit at AU, aged 18–75, applying at a branch
- THE INTERNATIONAL HALF OF THE LOUNGE PROMISE DOES NOT SURVIVE THE TERMS. AU's product page promises '2 Complimentary Domestic and International Airport Lounge Access per quarter', but the lounge terms that page itself links to (10 Apr 2026) list a complimentary Priority Pass allowance for Zenith+, Zenith, Vetta and ABC Pro only, and AU's Schedule of Charges bills a Traverse visit at US$35. A fee schedule beats a marketing page: assume you pay
- The domestic side is a missing NUMBER, not a refusal. The same terms exempt Traverse from the ₹50,000-a-quarter spend gate — an exemption that only makes sense for a card inside the programme — but AU's per-card domestic quota table has no Traverse row, so no count is published and we map no doors
- Reward points stay at AU's ₹0.25 closed-loop catalogue rate — Traverse is absent from AU's own Air India Maharaja Club transfer table
What these points actually fly
No live transfer route takes AU Reward Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹6,00,000 a year is the bar that waives the ₹4,999 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. AU Small Finance Bank states what the AU Bank Traverse Credit Card (NRI) earns, but has not published which spend categories count toward the fee waiver — the ₹6,00,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
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.
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 · the net-annual-value engine, at our house ₹/point
Every document behind this page — 7 of them, each with the day we read it
- official AU Traverse (NRI) product page — ₹4,999 waived at ₹6 lakh, 0.99% markup, the 4/2/1 reward grid, the NRE eligibility clause and a stated 2+2 lounge quota a quarter
- official AU's current bank-wide MITC with Schedule of Charges (v2.21, 7 July 2026) — Traverse (NRI) ₹4,999 waived at ₹6,00,000 spend, 0.99% forex, Priority Pass, zero cash-withdrawal fee
- official AU's usage T&C (w.e.f. 10-Apr-2026) — the per-card lounge quota tables, domestic and international, and Traverse has a row in neither
- official AU's Credit Card Airport Lounge Access Program T&C — the document the Traverse product page itself links, and the one that exempts Traverse from the domestic spend gate
- official AU Key Fact Statement v1.8 (7-Jul-2026) — Traverse forex 0.99%, all-retail-card revolving rate 3.75%/month
- community CardInsider — 4/2/1 RP per ₹100 (intl/domestic/insurance-utility-telecom), ₹5,000 MakeMyTrip welcome voucher, 8 domestic + 8 Priority Pass lounge visits a year (2/quarter each)
- official Air India — AU conversion table (Zenith+ 1.5:1; Spont/Xcite/Altura Plus/Nomo/Vetta/Zenith/Lit/ABC 6:1; Traverse and Ananta both absent)