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M16S / AU Small Finance Bank / AU InstaPay RuPay Credit Card

entry · upi, lifetime-free, cashback

AU InstaPay RuPay Credit Card

The AU InstaPay RuPay Credit Card charges no annual fee and no joining fee. It earns No cashback outside the listed categories. Accelerated earn: 1% cashback on UPI transactions of Rs 200+ at departmental stores, dining, pharmacy and grocery/supermarkets. The forex markup is 3.49%. It lists no airport lounge access. Read from the issuer's own documents on 11 Oct 2026.

Annual fee
Free
Fee waived at
—
Base return
—
Forex markup
3.49%
Interest
3.75%a month

What changed on this card

  1. 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

  2. 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

  3. 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

  4. 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 feeFree
Annual feeFree
Fee notesLifetime free virtual card. Credit limit is shared with the holder's existing AU card; separate statement and bill.

Rewards

Reward currencyCashback
Base earnNo cashback outside the listed categories
Point valueCashback in rupees
Accelerated earn1% cashback on UPI transactions of Rs 200+ at departmental stores, dining, pharmacy and grocery/supermarkets
CapsRs 100 cashback per statement cycle
Spends that earn nothingAll categories other than the four listed; non-UPI spends

Travel and perks

Domestic loungeNone
International loungeNone
Forex markup3.49%
Fuel surcharge waiver1% waiver on Rs 400-5,000 fuel txns (cap not legible in KFS)

Charges and eligibility

Interest per month3.75%
Late payment fee15% of Total Amount Due, min Rs 10, max Rs 1,300 (as printed in MITC v2.18 and KFS v1.9)
Cash advance feeCash withdrawal not applicable
EligibilityExisting AU credit cardholders only, select base
Fine-print notesVirtual-only RuPay card for UPI; domestic merchants only.

Questions

What is the annual fee of the AU InstaPay RuPay Credit Card?
No annual fee.
Does the AU InstaPay RuPay Credit Card give airport lounge access?
No lounge access is listed for this card.
What is the forex markup on the AU InstaPay RuPay Credit Card?
3.49% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the AU InstaPay RuPay Credit Card?
All categories other than the four listed; non-UPI spends