AU Bank Vetta Credit Card | Credit Cards

Name: AU Bank Vetta Credit Card
Brand: AU Bank
Price: 2999 INR
Availability: InStock
Rating: 3.5 (1 reviews)

Overview

The AU Bank Vetta Credit Card is a mid-premium card from AU Small Finance Bank that puts grocery spending at the center of its rewards program. You earn 4 reward points per ₹100 at grocery and departmental stores, a 4% return rate with each point valued at Re.1. Other retail purchases earn 2 points per ₹100, while utility and insurance payments earn 1 point per ₹100 (capped at 100 points per transaction). Fuel, rent, education, and government payments earn nothing.Milestone bonuses run on two tracks. Quarterly spending of ₹50,000 earns 500 bonus points, and hitting ₹1 lakh per quarter adds another 1,000 points, totalling up to 6,000 bonus points annually. A separate yearly milestone gives ₹1,000 in brand vouchers when you spend ₹2.5 lakh in the card anniversary year. One retail transaction on your birthday earns 1,000 bonus points.The card carries 1 domestic airport lounge visit per quarter (requires ₹20,000 quarterly spend) and 1 international lounge visit via Priority Pass. Railway lounges allow 2 visits per quarter with no spend condition. Insurance coverage includes ₹50 lakh air accident, ₹5 lakh credit shield, ₹25,000 purchase protection, and travel covers for baggage loss, flight delays, and passport loss.At ₹2,999 plus GST annually, the fee gets waived with ₹1.5 lakh yearly spending, roughly ₹12,500 per month. The first-year fee waiver requires ₹40,000 in the initial 90 days. For households spending ₹15,000 or more monthly on groceries, the 4X rate on that category alone generates stronger returns than most cards in this price range.

Pros

↑4X reward points on grocery and departmental store purchases gives one of the highest category-specific earn rates among mid-premium credit cards
↑Priority Pass for international airport lounges is uncommon at the ₹2,999 price point, where most cards provide only domestic lounge access
↑Quarterly milestone structure with two tiers (₹50,000 and ₹1 lakh) rewards consistent spending rather than requiring large annual thresholds
↑Insurance package with ₹50 lakh air accident cover, credit shield, purchase protection, and travel covers surpasses most cards in this segment
↑Birthday bonus of 1,000 points on just one retail transaction costs nothing extra and is rarely found at this fee level

Cons

↓No rewards on fuel, rent, education, or government payments, categories that make up a significant share of monthly spending for most households
↓Domestic airport lounge access requires ₹20,000 quarterly spend, while several mid-premium cards give unconditional quarterly access
↓Priority Pass must be requested separately by calling AU Bank and is not auto-issued with the card, adding friction for international travelers
↓Utility and insurance payments earn only 1 point per ₹100 with a 100-point cap per transaction, limiting returns on large bill payments

Key Highlights

Welcome Offer
First-year fee waiver on ₹40K spend
First-year joining fee of ₹2,999 + GST waived on ₹40,000 retail spend within 90 days
No welcome vouchers or joining bonus points
Fee waiver applies automatically once spend threshold is met

Reward Rate
4X grocery, 2X retail, 1X utility
Grocery & Departmental: 4 points per ₹100 (4%)
Other Retail: 2 points per ₹100 (2%)
Utility, Telecom, Insurance: 1 point per ₹100 (1%, max 100 pts/txn)
1 point = Re.1 estimated
No points on: Fuel, Rent, Education, Govt, EMI, BBPS

Minimum Salary
₹30,000/month (salaried)
Salaried: ₹30,000/month gross salary
Self-employed: ₹5 lakh/year ITR
Salaried age: 21 to 60 years
Self-employed age: 25 to 65 years
Resident Indian citizen

Joining Fee
₹2,999 + GST
Joining fee: ₹2,999 + GST
First-year waiver on ₹40,000 retail spend in 90 days
No welcome vouchers to offset cost

Annual Fee
₹2,999 + GST (waived on ₹1.5L spend)
Annual fee: ₹2,999 + GST
Waived if annual retail spend exceeds ₹1.5 lakh
Roughly ₹12,500 per month in regular purchases

Why Choose?
4X grocery rewards with Priority Pass at ₹2,999
4X on grocery (best in segment)
Priority Pass for international lounges (1/quarter)
1 domestic lounge visit/quarter (requires ₹20K spend)
2 railway lounge visits/quarter
₹50L air accident + travel insurance
Up to 6,000 milestone bonus points/year

Key Benefits

Fuel

★2.5

▼

1% surcharge waiver on transactions between ₹400 and ₹5,000
Maximum waiver of ₹250 per statement cycle
Available at any fuel station
No reward points on fuel transactions

Lifestyle

★3.0

▼

24x7 global concierge: travel bookings, golf sessions, dinner planning
Complimentary annual Times Prime membership (Visa variant)
MakeMyTrip: 2 complimentary domestic flight seats (up to ₹350), 15% off hotels (Visa)
Alaya Stays: Stay 3 Pay 2, 50% off on 2nd night (Visa)
Free insurance and extended warranty on mobile/electronic purchases

Milestone

★3.5

▼

500 bonus points on ₹50,000 retail spend per quarter
Additional 1,000 bonus points on ₹1 lakh retail spend per quarter
Up to 1,500 bonus points per quarter (6,000 per year)
₹1,000 brand vouchers on ₹2.5 lakh annual spend
1,000 birthday bonus points on one retail transaction
Fuel and cash withdrawals excluded from milestones

Reward Points

★4.0

▼

Grocery & Departmental: 4 points per ₹100 (4% return)
Other Retail: 2 points per ₹100 (2% return)
Utility, Telecom, Insurance: 1 point per ₹100 (1%, max 100 points/transaction)
1 point = Re.1 (estimated redemption value)
No points on: Fuel, Rent, Education, Govt, EMI, BBPS, Quasi Cash
Redeem via AU Rewardz portal for vouchers, merchandise, recharges, travel

Shopping

★2.5

▼

2 reward points per ₹100 on all retail purchases
4 reward points per ₹100 at grocery and departmental stores
Free device protection (insurance + extended warranty) on mobile/electronic purchases
Redeem points for merchandise via AU Rewardz portal

Merchant Offers

▼

MakeMyTrip: 2 complimentary domestic flight seats (up to ₹350) and 15% off hotels (Visa)
Complimentary annual Times Prime membership (Visa)
Alaya Stays: Stay 3 Pay 2, 50% off on 2nd night (Visa)

Travel

★3.5

▼

1 domestic airport lounge visit per quarter (requires ₹20,000 quarterly spend)
1 international lounge visit per quarter via Priority Pass
₹50 lakh air accident insurance
Travel covers: baggage loss, baggage delay, flight delay, passport loss, hijack
24x7 global concierge for travel bookings

Airport Lounge Access

▼

1 domestic visit per quarter (requires ₹20,000 quarterly spend)
1 international visit per quarter via Priority Pass
Priority Pass issued on request (call 1800 12000 1500)
Priority Pass visits within India are chargeable
Primary cardholder only for domestic lounges

Railway

▼

2 visits per quarter (8 per year)
No minimum spend requirement
Primary and add-on cardholders eligible
Extra visits charged at lounge provider rates

Liability Protection

▼

Zero liability on fraudulent transactions reported to the bank
Counterfeit card protection
Skimming protection
Online fraud protection

Insurance

▼

₹50 lakh air accident insurance
₹5 lakh credit shield
₹25,000 purchase protection
Travel covers: baggage loss, baggage delay, flight delay, passport loss, hijack
Zero liability on fraudulent transactions post-reporting
Free device protection on mobile/electronic purchases

Emi

▼

XpressEMI: convert transactions above ₹500 to EMI
Minimum total amount of ₹2,000 required
Tenure and interest rates depend on transaction amount

Detailed Information

Joining Fee	₹2,999 + GST
Annual Fee	₹2,999 + GST
Annual Fee Waiver	Waived on ₹1.5L annual spend
Monthly Percentage Rate	3.49%
Annual Percentage Rate	41.88%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	2.99%
Late Payment Charges	₹100 to ₹1,100 based on outstanding
Overlimit Charges	2.5% of overlimit amount or ₹500, whichever is higher
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	1% of transferred amount
Fee For Supplementary Card	No fee (lifetime free)
Card Replacement Fee	₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-60 years
Age Requirement Self Employed	25-65 years
Minimum Annual Income Salaried	₹3.6 lakh (₹30,000/month)
Minimum Annual Income Self Employed	₹5 lakh/year
Minimum Credit Score	700+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The annual fee is ₹2,999 plus applicable GST. This fee gets waived when you spend ₹1,50,000 or more in the previous card anniversary year. For the first year, spending ₹40,000 within 90 days of card setup waives the fee.

Spend ₹40,000 on retail purchases within 90 days of your card setup date. This waives the first-year joining fee of ₹2,999 plus GST. Fuel and cash withdrawal transactions do not count toward this threshold.

Spend ₹1,50,000 on retail purchases during your previous card anniversary year. Once you cross this threshold, the ₹2,999 annual fee for the next year is waived. Fuel and cash transactions are excluded from the spend calculation.

The card earns 4 reward points per ₹100 spent at grocery and departmental stores, giving a 4% return rate with each point valued at Re.1. This is the highest earn rate on the card and one of the best grocery-specific rates among mid-premium cards.

Grocery and departmental stores earn 4 points per ₹100 (4%). All other retail purchases earn 2 points per ₹100 (2%). Utility, telecom, and insurance payments earn 1 point per ₹100 (1%) with a cap of 100 points per transaction. Fuel, rent, education, government, EMI, BBPS, and quasi-cash transactions earn no points.

You earn 500 bonus reward points on ₹50,000 retail spend per quarter, and an additional 1,000 bonus points on ₹1 lakh retail spend per quarter. That gives up to 1,500 bonus points per quarter or 6,000 per year. Fuel and cash withdrawals are excluded from milestone calculations.

Spending ₹2.5 lakh on retail purchases in your card anniversary year earns ₹1,000 worth of brand vouchers. You can choose from a selection of top brands through the AU Rewardz portal. This benefit is separate from the quarterly milestone points.

Complete one retail transaction on your birthday to earn 1,000 bonus reward points. Any retail purchase counts. The bonus points are credited after the birthday transaction posts to your account.

The card is available on both Visa and RuPay networks. The Visa variant carries additional curated benefits from MakeMyTrip, Times Prime, and Alaya Stays. Core benefits like reward points, lounge access, milestone bonuses, and insurance remain the same across both networks.

You get 1 complimentary domestic airport lounge visit per quarter, provided you spend at least ₹20,000 in that quarter. Present your AU Bank Vetta card at participating domestic lounges. The benefit applies to the primary cardholder only.

The card provides 1 complimentary international lounge visit per quarter through Priority Pass. You need to request your Priority Pass card separately by calling AU Bank at 1800 12000 1500. Note that Priority Pass visits within India are chargeable, so use your AU card directly for domestic lounges instead.

You get 2 complimentary railway lounge visits per quarter (8 per year) with no minimum spend requirement. Both primary and add-on cardholders can use this benefit. Extra visits beyond the complimentary limit are charged at rates set by the lounge provider.

The card includes ₹50 lakh air accident insurance, ₹5 lakh credit shield, and ₹25,000 purchase protection. Travel covers include baggage loss, baggage delay, flight delay, passport loss, and hijack. Card liability insurance provides zero liability on fraudulent transactions reported to the bank. Free device protection covers mobile and electronic purchases.

A 1% fuel surcharge waiver applies on transactions between ₹400 and ₹5,000 at any fuel station. The maximum waiver is capped at ₹250 per statement cycle. Fuel transactions do not earn any reward points.

Salaried applicants need a minimum gross monthly salary of ₹30,000. Self-employed applicants require an annual ITR of ₹5 lakh. You must be a resident Indian citizen, aged 21 to 60 (salaried) or 25 to 65 (self-employed). Add-on cards require the holder to be 18 years or older.

The finance charge is 3.49% per month, which works out to 41.88% per year. This applies to any outstanding balance carried past the payment due date. Paying the full statement balance by the due date each month avoids interest charges entirely.

Late fees range from ₹100 to ₹1,100 plus GST, depending on your total outstanding amount. These apply when you do not pay at least the minimum amount due by the statement due date.

A 2.99% markup applies on all international transactions. This is slightly below the 3.5% charged by many competing banks. International transactions earn the standard 2 reward points per ₹100.

Add-on (supplementary) cards are available at no cost for lifetime. Add-on cardholders can use railway lounge access and earn reward points at the same rates as the primary card. All points from add-on card transactions accumulate in the primary cardholder's account.

Points can be redeemed through the AU Rewardz portal at rewardz.au.bank.in for e-vouchers of top brands, merchandise, mobile and DTH recharges, and flight or hotel bookings. Redemption options and point values vary by category.