The verdict
An exceptionally rewarding everyday driver for families and grocery shoppers. The ₹1,000 fee is completely neutralised by the ₹1,000 welcome voucher, while 8 airport lounges and monthly BOGO movie tickets offer outsized lifestyle perks.
Paying the ₹1,000 fee provides ₹1,000 brand gift voucher immediately. Spending ₹15,000/month (₹8,000 groceries/tap-to-pay + ₹7,000 retail) earns 400 5X points + 70 base points = 470 points/month (₹117.50/month or ₹1,410/year). Adding 4 domestic airport lounge visits (~₹4,000 value), monthly BOGO movie savings (~₹2,400/year), and fee waiver on ₹2L spend yields over ₹8,810 in net annual value.
Spenders who do not visit airport lounges or prefer flat online cashback without brand constraints will find SBI Cashback or HDFC Millennia more convenient.
✓What works
- +4,000 bonus reward points or ₹1,000 brand gift voucher on card activation and first transaction.
- +5 reward points per ₹100 (1.25% return) on grocery stores, departmental supermarkets, and contactless tap-and-pay.
- +8 complimentary domestic airport lounge visits per year (2 visits per quarter on ₹20,000 monthly spend).
- +Buy-1-Get-1 Free movie tickets every month via partner entertainment platforms.
- +Up to 15% flat instant discounts across partner retail and dining merchants.
- +Zero processing fee on Xpress EMI conversions for purchases of ₹2,000 and above.
- +1% fuel surcharge waiver on spends between ₹400 and ₹5,000 (up to ₹150 per statement cycle).
- +100% annual renewal fee waiver on spending ₹2,00,000 in a card anniversary year.
✕What doesn't
- −₹1,000 + GST annual renewal fee.
- −Airport lounge access requires ₹20,000 monthly spend milestone.
- −Base reward rate on other retail purchases is 0.25% (1 point per ₹100).
What it earns
1 Reward Point = ₹0.25. Redeemable on AU Rewardz for vouchers, travel, and recharges.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Grocery, Departmental Stores & Contactless Tap-to-Pay (5X) | 1.25% (5 Points / ₹100) | 5,000 Points / month | 5,000 Points (₹1,250 value) |
| General Retail Spends | 0.25% (1 Point / ₹100) | Uncapped | 1,000 Points (₹250 value) |
| Utility Bills & Insurance | 0.25% (1 Point / ₹100) | Uncapped | 1,000 Points (₹250 value) |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
5 Points per ₹100 on Grocery & Tap-to-Pay
Earn 5 reward points per ₹100 on supermarket groceries and contactless POS taps.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Grocery & Supermarkets5 points per ₹100 on grocery stores and departmental outlets. | 5× · 1.25% | 5,000 Points | — |
| Contactless Tap-and-Pay5 points per ₹100 on POS contactless taps up to ₹5,000 without PIN. | 5× · 1.25% | 5,000 Points | — |
Redemption options
Redeem accumulated points on AU Rewardz for gift vouchers, flight/hotel bookings, and merchandise at 1 Point = ₹0.25.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Brand Gift Cards & Vouchers (AU Rewardz)BEST VALUE | ₹0.25 / Reward Point | 500 pts | None | Nil |
| Flight & Hotel BookingsBEST VALUE | ₹0.25 / Reward Point | 500 pts | None | Nil |
| Merchandise & Mobile Recharges | ₹0.20 / Reward Point | 500 pts | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Supermarket groceries, departmental store shopping, and POS contactless taps.
- +8 complimentary domestic airport lounge visits across India.
- +Monthly BOGO movie tickets and fuel surcharge waiver.
✕Excluded Spends & Fee Traps
- −ATM cash withdrawals and digital wallet loads.
- −Delinquent or disputed transactions.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹1,000 + GST (Includes ₹1,000 Welcome Voucher / 4,000 Points) |
| Annual Renewal Fee | ₹1,000 + GST (Waived on ₹2,00,000 annual spend) |
| Finance Charges (Interest Rate) | 3.49% per month (41.88% per annum) |
| Foreign Currency Markup | 3.49% + GST |
| Fuel Surcharge Waiver | 1% waiver on ₹400 to ₹5,000 transactions (Max ₹150/month) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | Salaried (21 to 60 years), Self-Employed (25 to 65 years) |
| Minimum Monthly Income | ₹30,000+ per month (Salaried) or ₹4L+ ITR (Self-Employed) |
| Credit Score (CIBIL) | 720+ recommended for smooth approval |
Frequently Asked Questions
Does AU Laksya Credit Card offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for AU Laksya Credit Card?
What is the reward rate and point redemption value on AU Laksya Credit Card?
Which transactions are excluded from earning rewards on AU Laksya Credit Card?
Who is AU Laksya Credit Card best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: AU Laksya Credit Card
The AU Laksya Credit Card is AU Small Finance Bank’s everyday grocery, departmental retail, and family entertainment credit card. Issued on the Visa network with an annual membership fee of ₹1,000 + GST (waived on spending ₹2,00,000 in annual retail spends in the previous anniversary year), the card is designed for household budget managers, suburban shoppers, and leisure-oriented families.
Its core proposition centers on an accelerated 5X rewards program for supermarket groceries, departmental retail stores, and contactless tap-and-pay transactions, returning 5 reward points per ₹100 spent (equivalent to 1.25% value). Coupled with a welcoming choice of 4,000 bonus points or a ₹1,000 brand voucher, monthly Buy-1-Get-1 Free movie tickets, 8 domestic airport lounges per year, and zero-processing-fee EMI conversions, Laksya delivers well-rounded value across family spending.
Key Privileges and Practical Everyday Benefits
- Grocery & Departmental Multiplier (5X): Earn 5 reward points per ₹100 spent (1.25% return at 1 point = ₹0.25) across grocery supermarkets, departmental stores, and contactless tap-and-pay transactions up to ₹5,000.
- Flexible Welcome Gift Choice: Choose between 4,000 bonus reward points (monetary value of ₹1,000) or a ₹1,000 brand voucher upon paying the joining fee and completing initial card activation.
- Domestic Airport Lounge Access: Receive 2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) on meeting preceding-month spend thresholds.
- Entertainment & Movie Discounts: Enjoy monthly Buy-1-Get-1 Free movie ticket discounts on partner entertainment ticketing platforms.
- Zero Processing Fee on Xpress EMI: Convert high-value purchases of ₹2,000 or more into flexible monthly installments with zero processing fees.
Important Terms and Spend Conditions to Keep in Mind
- Spend Condition for Airport Lounges: Complimentary domestic airport lounge access requires meeting the bank’s domestic retail spend qualification (typically ₹20,000) in the preceding calendar month.
- Regulated Category Accrual: Utility bill payments, telecom services, and insurance premiums earn at a reduced base rate of 1 reward point per ₹100.
- Annual Renewal Spend Target: Waiving the ₹1,000 + GST renewal fee requires achieving ₹2,00,000 in eligible retail transactions during the previous card anniversary year.
- Spend Exclusions: Fuel purchases, wallet loads, and cash withdrawals do not earn reward points or contribute toward annual fee waiver targets.
- Finance Charges & Forex: Standard foreign exchange markup of 3.49% + GST applies on international transactions. Revolving credit finance charges are 3.49% per month (41.88% p.a.).
Who Benefits Most
- Suburban Families & Grocery Shoppers: Households spending ₹10,000 to ₹20,000 monthly on supermarket groceries and departmental merchandise.
- Moviegoers & Entertainment Fans: Consumers who regularly book movie tickets and take advantage of monthly Buy-1-Get-1 Free entertainment offers.
- Domestic Business & Holiday Flyers: Travelers who clear the monthly spend threshold and utilize 8 complimentary domestic airport lounges per year.
- Shoppers Utilizing EMI Conversions: Buyers who appreciate zero-processing-fee EMI conversions on mid-sized retail and electronic purchases.
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).