M16S / AU Small Finance Bank / AU Business Cashback Credit Card
entry · business, cashback
AU Business Cashback Credit Card
The AU Business Cashback Credit Card costs Rs 1,188 a year. Its base return is 1%. The forex markup is 3.49%. Lounge visits in India: Railway lounges only: 8 per year (max 2 per quarter). Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,188+ GST
- Fee waived at
- —
- Base return
- 1%
- Forex markup
- 3.49%
- Interest
- 3.75%a month
What changed on this card
- AU Bank changes fuel fair usage charge to 1% on all fuel spend, Jul 2026
From 1 July 2026 there is no charge if each fuel transaction is under Rs 10,000 and monthly fuel spend is under Rs 25,000. Above either limit, AU charges 1% on the entire monthly fuel spend. Source: AU Small Finance Bank, au.bank.in, read 28 Oct 2026
- AU Bank adds 1% charge on transport spends above limits, Jun 2026
From 14 June 2026 AU charges 1% on the entire monthly transportation spend (MCC 4111, 4112, 4784) when it exceeds 50% of the credit limit or Rs 25,000, whichever is lower. IRCTC, some travel partners and ixigo AU cards are excluded. Source: AU Small Finance Bank, au.bank.in, read 28 Oct 2026
- AU Bank adds 1% fair usage charge on fuel and utility spends, Aug 2024
From 15 August 2024 AU charges 1% on monthly fuel spends above 50% of the credit limit or Rs 50,000, whichever is lower, and 1% on monthly utility spends above Rs 50,000. Corporate and Purchase cards are excluded. Source: AU Small Finance Bank, au.bank.in, read 28 Oct 2026
- AU Bank sets card interest at 3.75% a month, Aug 2024
From 15 August 2024 the interest rate (APR) is 3.75% per month (45% per annum) on all AU credit cards except Zenith+, Corporate and Purchase cards. Source: AU Small Finance Bank, au.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 1,188 |
| Fee notes | Rs 99 + taxes per month (Rs 1,188 a year), waived for any statement cycle with Rs 10,000 retail spend. No joining fee stated. |
Rewards
| Reward currency | Cashback |
|---|---|
| Base earn | 1% cashback on spends, paid only if the full total amount due is repaid |
| Base return | 1% |
| Point value | Cashback in rupees |
| Caps | Rs 1,000 per statement cycle |
| Spends that earn nothing | Wallet, tax payments, rent, insurance, fuel, cash; excluded MCC list published separately |
| Reward notes | Eligibility for cashback requires the last 12 payments to be at least the total amount due. base_return_pct = 1% for a full-paying user, up to Rs 1 lakh of spend per cycle. |
Travel and perks
| Domestic lounge | Railway lounges only: 8 per year (max 2 per quarter) |
|---|---|
| International lounge | None |
| Forex markup | 3.49% |
| Fuel surcharge waiver | 1% waiver on Rs 400-5,000 fuel txns, cap Rs 100 per statement cycle from 1 Oct 2026 (was Rs 200) |
| Other freebies | Business insurance: cash in counter Rs 25,000, cash in transit and public liability Rs 1.5 lakh each, fire and burglary Rs 2 lakh each; instant loan after 90 days; Silver Spoon dining up to 30% off; free add-on cards |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | 15% of Total Amount Due, min Rs 10, max Rs 1,300 (as printed in MITC v2.18 and KFS v1.9) |
| Cash advance fee | 2.5% of amount withdrawn, min Rs 500 |
| Eligibility | Business owners and self-employed residents aged 25-65 |
| Fine-print notes | Revolvers earn nothing: cashback is forfeited in any cycle not paid in full. Fair-usage fees (KFS v1.9, 30 Sep 2026): 1% on fuel spend above the lower of 50% of limit or Rs 50,000 a month; 1% on utility spend above Rs 50,000 a month; 1% on transportation spend above the lower of 50% of limit or Rs 25,000 a month (from 14 Jun 2026); 1% (min Rs 99) on international rent and education. |
Questions
- What is the annual fee of the AU Business Cashback Credit Card?
- Rs 1,188 a year, before GST.
- Does the AU Business Cashback Credit Card give airport lounge access?
- Yes. In India: Railway lounges only: 8 per year (max 2 per quarter). Outside India: none listed.
- What is the forex markup on the AU Business Cashback Credit Card?
- 3.49% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the AU Business Cashback Credit Card?
- Wallet, tax payments, rent, insurance, fuel, cash; excluded MCC list published separately