AU Bank Vetta Credit Card

AU Bank Vetta Credit Card Review


Joining Fee: Rs 2999+GST / LTF
Annual Fee: Rs 2999+GST / LTF




0.5% to 3%



Issued On



Milestone Rewards, Domestic Airport Lounge Access, International Airport Lounge Access, Railway Lounge Access, Fuel Surcharge Waiver

Table of Contents

AU Small Finance Bank is one of the newest players in the credit card space. It was also the first SFB to launch its own credit cards in September 2021. As of today, we have entry-level to premium cards with decent rewards and benefits. In this post, we review the AU Bank Vetta Credit Card.

Fees and Charges

All AU Bank credit cards are issued as Lifetime Free (LTF) for government employees and employees of select MNCs. Please check this article for more details.

LTF IndusInd Bank Credit Cards
Joining FeeRs 2999 plus GST
Joining Fee WaiverRs 40000 spend within 90 days of card setup
Welcome BenefitRs 2000 voucher on Rs 30000 spend within 60 days
Annual FeeRs 2999 plus GST
Annual Fee WaiverRs 1.5 Lakhs Spend in a membership year
AU Bank Vetta Credit Card Review: Fees and Charges


  • Utility Bills: 10 RP/Rs 100 ~2.5% Return
  • Grocery, and Departmental Stores: 4 RP/Rs 100 ~1% Return
  • All other spends: 2 RP/Rs 100 ~0.5% Return
  • Birthday Spends: 1000 RP for doing one retail transaction on birthday ~Rs 250 Value
  • Excluded spends for rewards: Fuel

For a card offering a max return of 2.5%, the annual fee is on the higher side. We have many ways to pay utility bills and get a higher return, so there is nothing special in the rewards. We have milestone rewards that offer an extra return but nothing great as well.

Quarterly Milestone Rewards

  • 500 bonus RP on spends of Rs 50000 in a calendar quarter
  • Additional 1000 bonus RP on spends of Rs 1 Lakh in a calendar quarter

1500 bonus RP is equivalent to Rs 375. So, this is an extra return of 0.375%.

Yearly Milestone Rewards

  • Rs 1000 gift voucher on Rs 2.5 Lakhs spend in a membership year

This adds an extra return of 0.4%. Including all milestone rewards, the max return will be between 1.3% to 3.3%. This is still a little low considering the annual fee.

LTF IDFC First Bank Credit Cards

Rewards Redemption

The reward points can be redeemed on the AU Rewardz portal. Each RP is worth 25 paise.

  • Vouchers: Many options including Amazon
  • Merchandise: Not recommended as we get a better value in other options
  • Mobile/DTH Recharge
  • Flight/Hotel/Bus booking
  • Movies

Complimentary Airport and Railway Lounge Access

  • Airport Lounges within India: 1 complimentary visit/quarter directly on the Visa card to this list of lounges
  • Airport Lounges outside India: 2 complimentary visits/quarter with Priority Pass
  • Railway Lounges in India: 2 complimentary visits/quarter at railway stations in New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, and Agra

The complimentary lounge visits are also applicable to add-on credit card holders. 🙂

Other Benefits

  • Fuel Surcharge Waiver: 1% for transactions between Rs 400 and Rs 5000. Maximum of Rs 250 per statement cycle.
  • Forex Markup: 2.99% plus GST ~3.5%

Final Thoughts

If you are getting the Vetta as LTF, then it is a decent card to have. You can use it for railway and airport lounge access. But, if you are getting this with the annual fee, then it is not worth it.

AU Bank Xcite Ace

We have many LTF credit cards that can give you a better return on your spending. Some options are SBI Cashback, Axis Ace, or even Flipkart Axis Bank credit card. All these come with a very low annual fee.

AU Bank Vetta Credit Card

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