AU Zenith card
#45

AU Zenith

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₹7,999 for 0.75% and a lounge stack a ₹2,999 card matches — AU's priciest, and its worst value.

AU Small Finance Bank·Visa·premium
Visa RuPay — RuPay variant on new issue/renewal — UPI-linkable
0.8%
Effective reward rate
₹7,999 + GST
Annual fee
₹5,00,000 spend
Fee waiver

What it's worth to you — net annual value

₹12,000
at ₹1L/month
₹30,000
at ₹3L/month
₹48,000
at ₹5L/month

Welcome: ₹1,000 voucher on first POS spend + 10,000 reward points on ₹1L in 60 days

How these numbers are computed →

Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →

The take

Zenith is the confusing one: it costs ₹7,999 — more than the Zenith+ that sits above it in the name — yet forfeits the 0.99% forex (this one charges 1.99%) and the golf, keeping a 24×7 concierge and a smaller lounge sheet in return. What you actually get is 8 domestic visits a year gated on ₹50,000 a quarter (AU's bank-wide bar since 10-Apr-2026), 8 railway lounge visits and 8 international via Priority Pass. The earn is AU's best but that's a low bar: 3 points per ₹100 is 0.75% at the ₹0.25 catalogue value, dining and groceries reach 1.25%, and the ₹50,000-a-cycle milestone drips 1,000 points (₹250). AU joined Air India Maharaja Club in Jun-2026, but Zenith converts at a punitive 6:1 — ₹0.17 a point, worse than the catalogue — so the good 3:2 route went to the cheaper Zenith+ and Zenith is left with a decoy. A 24-month expiry and a ₹99 redemption toll finish the job. The fee does waive — ₹1.25L in 90 days year one, ₹5L a year after — but at that spend a lifetime-free Wealth or a ₹2,999 Vetta gives you comparable lounge access and keeps the ₹7,999. Cancel.

What's good

  • 0.75% base / 1.25% on dining, international and grocery — AU's highest earn rate
  • 8 domestic + 8 railway + 8 international (Priority Pass) lounge visits a year
  • 24×7 global concierge service
  • 10,000-point kicker (₹2,500) on ₹1L spend inside 60 days

Watch out

  • ₹7,999 fee — the steepest in AU's lineup; the waiver bar is ₹5L a year (₹1.25L in 90 days year one)
  • 1.99% forex and no golf — the cheaper Zenith+ beats it on both
  • Near-closed loop: the lone transfer, Air India Maharaja Club at 6:1, is worse than the ₹0.25 catalogue; ₹99 + GST redemption fee, 24-month point expiry
  • Domestic lounges need ₹50k spend the previous quarter (AU raised the bar from ₹20k on 10-Apr-2026)

What earns, what doesn't

Zenith earns 3 RP/₹100 general, 5 RP/₹100 on dining/international/grocery, inside AU's 1-Apr-2024 exclusion regime. Points redeem at ₹0.25 — AU markets them at ₹1. Statement-cycle milestone: 1,000 RP at ₹50k.

Fuel excluded — Zero RP (bank-wide since 1-Apr-2024); 1% surcharge waiver; 1% fee past slabs
Rent & property management excluded — Zero RP; 1% fee on domestic rentals, min ₹99 (bank-wide KFS)
Government / tax excluded — Zero RP since 1-Apr-2024
Utilities (electricity/water/gas) reduced — 1 RP/₹100, capped; 1% fee past ₹50k/month
Insurance reduced — 1 RP/₹100 per AU's earn table — flag
Education excluded — Zero RP since 1-Apr-2024; 1% fee via third-party apps
Wallet loads excluded — Zero RP on wallet loads since 1-Apr-2024
Groceries & supermarkets full — 5 RP/₹100 (accelerated dining/international/grocery) ≈ 1.25%
Telecom reduced — 1 RP/₹100 — bundled with utilities, flag
Jewellery / gold full — No published restriction — inferred from absence, flag
Forex / international spends full — 5 RP/₹100 on international (accelerated) + 1.99% markup
UPI (RuPay-on-UPI only) full — RuPay variant links to UPI and earns standard RP — community consensus (TechnoFino/DesiDime); Visa variant cannot link
EMI conversions / merchant EMI excluded — EMI conversions earn nothing — AU standard, community, flag
  • Fuel · excluded Zero RP (bank-wide since 1-Apr-2024); 1% surcharge waiver; 1% fee past slabs
  • Rent & property management · excluded Zero RP; 1% fee on domestic rentals, min ₹99 (bank-wide KFS)
  • Wallet loads · excluded Zero RP on wallet loads since 1-Apr-2024
  • Utilities (electricity/water/gas) · reduced 1 RP/₹100, capped; 1% fee past ₹50k/month

per AU Small Finance Bank T&C (community-sourced) · rank every card by spend category →

Where the miles go

Ratios read card points : partner miles — 2:1 means 2 points become 1 mile. Never the other way round.

Air India Maharaja Club
6:1 up to 7 working days
The quiet buff of Jun-2026: Zenith+ converts at 3:2 — ₹0.67/pt at the mile anchor, nearly 3× the ₹0.25 catalogue rate. Everything else converts at a decoy 6:1. Ananta isn't in the published table; assume no route until AU says otherwise.

Lounge access

8/year + 8 railway/year
Domestic
8/year
International
Guests

Gate: ₹20k/quarter

Opens 609 of 644 tracked lounge doors across 264 airports — see the full map →

Can you get it?

The cutoffs and the actual route in — not the "apply now" button, the door that opens.

Route Direct application
Income · salaried not published
Income · self-employed not published
Age band 21–60 salaried / 25–65 self-employed (community)

Direct application — no invite list, no banking relationship required.

per the official AU Small Finance Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →

The fine print

What the MITC actually says — the rates, fees and cutoffs the brochure skips.

Forex markup 1.99% + GST
APR 3.75%/mo (45%/yr) — AU retail-card standard
Late fee 15% of Total Amount Due, min ₹10, max ₹1,300
Cash advance 2.5%, min ₹100
Add-on card Nil (launch communication)
Overlimit 2.5% of overlimit amount, min ₹500
Redemption fee ₹99 + GST per successful redemption

Fee ₹7,999 joining and annual — the steepest in AU's lineup, above the Zenith+ it's named after. Joining fee waived at ₹1.25L retail spend in 90 days; renewal waived at ₹5L in the previous anniversary year. 1.99% forex (vs Zenith+'s 0.99%) and no golf; keeps a 24×7 concierge. 8 domestic + 8 railway + 8 international (Priority Pass) lounge visits a year. Same bank-wide fair-usage fees. AU publishes no income cutoff; age from community.

per the official AU Small Finance Bank MITC · reviewed 10 Jul 2026

What's changed for this card

Full tracker →

Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to.

  • 1 Jun 2026
    Partner moderate Air India
    AU, YES and IndusInd points open transfers to Maharaja Club
    AU/YES/IndusInd points locked in closed loops Maharaja routes: IndusInd Tiger 1:1 (Pinnacle 2:1, Legend 4:1); AU Zenith+ 3:2, other AU cards 6:1; YES Marquee/Reserv 15:1

    Three banks joined Air India's transfer roster at once — and the ratios are the whole story. The lifetime-free IndusInd Tiger gets the only honest 1:1 (capped 25k/month); AU Zenith+ lands a genuinely good 3:2 that triples what AU points were worth; everything else — Pinnacle 2:1, Legend 4:1, the AU 6:1 crowd, YES at a punitive 15:1 — is a decoy dressed as a partnership.

  • 6 May 2026
    Launch minor AU Small Finance Bank
    AU relaunches its card range — Ananta tops a new four-card deck
    AU's lineup led by Zenith+/Zenith/Vetta Ananta (₹2,000), Lakshya, Tejas and Prathama join; Ananta gets 16 lounge visits and 50k milestone points

    AU's 6-May-2026 portfolio reset puts Ananta on top: ₹2,000 fee, 16 domestic lounge visits a year, an 8,000-point welcome and up to 50,000 milestone points at ₹10L. The brochure is generous; the currency isn't — AU points still redeem at ₹0.25 in a closed catalogue, so the 5X headline is 1.25% and the lounge visits hide behind an AU Rewardz flight-booking gate.

  • 10 Apr 2026
    Lounge minor AU Small Finance Bank
    AU more than doubles its domestic-lounge spend gate to ₹50,000/quarter
    Complimentary domestic lounge visits gated at ₹20,000 prior-quarter spend ₹50,000 prior-quarter spend required (bank-wide: Zenith, Vetta, Xcite Ace/Ultra, SPONT, NOMO, ABCL Pro)

    AU's 10 April 2026 'Revision of Usage Terms & Conditions' lifts the prior-quarter spend needed to keep complimentary domestic airport-lounge access from ₹20,000 to ₹50,000 a quarter, across the Zenith, Vetta and Xcite range. The visit allotments are unchanged (Zenith 2 domestic + 2 Priority Pass international per quarter, Vetta 1+1), but the bar to earn them more than doubles — the kind of quiet, spend-gated clawback that keeps a closed-loop points card drifting toward downgrade territory.

  • 1 Apr 2026
    Buff moderate Air India
    Maharaja Club gets cheaper awards and faster crediting
    Higher award costs; slow points crediting Domestic awards from 1,500 pts; credited within 2 hours

    A rare buff. Air India's post-merger programme drops domestic award flights to 1,500 points, cabin upgrades to 4,000, credits Star Alliance miles within two hours, and eases Platinum to 60 flights. The transfer target Indian card geeks care about actually got better.

  • 10 Jan 2026
    Lounge moderate SBI Card
    SBI Card splits domestic lounges into tiers, adds entry fees
    Uniform domestic lounge list, free swipe-in access Set A/Set B lounge tiers by card, plus ₹2–25 entry charges

    From 10 January 2026, SBI Card sorts its domestic lounge network into a Set A (top cards like Club Vistara SBI Card, Apollo SELECT) and a broader Set B (PRIME, Pulse, Titan SBI Card and others) — and bolts on a non-refundable ₹2 authorization charge plus a ₹25 validation hold on every visit. It's marketed as an expansion since more airports are covered, but the fine print is a two-tier system with new friction at the gate, right after SBI had already pulled complimentary air accident insurance six months earlier.

  • 1 Dec 2024
    Launch moderate HSBC
    HSBC TravelOne arrives — a 20-partner airmiles card
    No mainstream HSBC airmiles card in India ₹4,999 card, 4X travel/forex, 1:1 to Avios & KrisFlyer

    HSBC's serious play for Indian miles chasers: 4 points per ₹100 on flights, travel aggregators and forex, and instant 1:1 transfers to British Airways and Qatar Avios plus ~20 airline/hotel partners including KrisFlyer and Air India — all from the app. A genuine sub-₹5k alternative to Atlas. (Welcome-offer window opened 1 Dec 2024.)

  • 12 Nov 2024
    Partner major Air India
    Vistara flies its last; Club Vistara becomes Maharaja Club
    Club Vistara (Vistara) Maharaja Club (Air India), points 1:1

    Vistara's final flight was 11 November 2024. Over 4.5 million Club Vistara members — and the single most-loved transfer target for Indian card points — folded into Air India's Maharaja Club at 1:1. The premium-cabin sweet spots Indian miles chasers plan around all moved house overnight.

  • 1 Apr 2024
    Devaluation moderate AU Small Finance Bank
    AU zeroes out rewards on fuel, rent, education and government
    Fuel, rent, education and government spends earned points; utilities earned accelerated rates Zero points on fuel/rent/BBPS/education/government; utilities and insurance base-rate only, utilities capped at 100 points per transaction

    Notified on 1 March and live from 1 April 2024, AU's bank-wide exclusion list strips reward earn from fuel, rent, education, government and BBPS payments outright, and demotes utilities and insurance to the 1-point base rate — utilities with a 100-point-per-transaction ceiling for good measure. On cards already earning 0.25% at the catalogue value, the categories most households actually spend on now earn nothing at all.

Go deeper

Sources

Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.

Spot an error? Report it →