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
- 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 | Free |
| Fee notes | Lifetime free virtual card. Credit limit is shared with the holder's existing AU card; separate statement and bill. |
Rewards
| Reward currency | Cashback |
|---|---|
| Base earn | No cashback outside the listed categories |
| Point value | Cashback in rupees |
| Accelerated earn | 1% cashback on UPI transactions of Rs 200+ at departmental stores, dining, pharmacy and grocery/supermarkets |
| Caps | Rs 100 cashback per statement cycle |
| Spends that earn nothing | All categories other than the four listed; non-UPI spends |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markup | 3.49% |
| Fuel surcharge waiver | 1% waiver on Rs 400-5,000 fuel txns (cap not legible in KFS) |
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 | Cash withdrawal not applicable |
| Eligibility | Existing AU credit cardholders only, select base |
| Fine-print notes | Virtual-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