Cheq AU Credit Card
Fees
₹499 + Taxes
Joining & AnnualReward Rate
12% rewards on Amazon, Flipkart, Zomato, BigBasket & CheQ app bill payments/travel; 5% on other online shopping, travel, food delivery & grocery; 1% base rate
Welcome Bonus
Welcome gift benefit on card activation & setup
Lounge Access
No Lounge Access
FindMyCard Expert Take
The Cheq AU Credit Card from AU Small Finance Bank offers Accelerated CheqChips on Credit Card Bill Payments with an annual fee of ₹499 + Taxes.
Pros & Cons
Key Advantages
- 12% rewards on Amazon, Flipkart, Zomato & BigBasket via the CheQ app
- 5% rewards across 10,000+ brands for online shopping, travel, food delivery & grocery
- 24 CheQ Points per ₹200 on utility bill payments via the CheQ app
- Fee waiver threshold (Annual fee waived on ₹1 Lakh annual retail spends)
Limitations
- No airport lounge access
- Top rates require routing spends through the CheQ app specifically
- Base reward rate outside CheQ-linked spends is just 1%
Editorial Verdict
The Cheq AU Credit Card is ideally suited for accelerated cheqchips on credit card bill payments. If you want 12% rewards on amazon, flipkart, zomato, bigbasket & cheq app bill payments/travel; 5% on other online shopping, travel, food delivery & grocery; 1% base rate, this card delivers real value. The ₹499 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated reward earn rate on rewards purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Annual fee waived on ₹1 Lakh annual retail spends
Fees & Charging Rates
Annual Fee Waivers
₹499 + Taxes
💡 Annual fee waived on ₹1 Lakh annual retail spends
Regular Interest Charges
3.5% per month (42% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare Cheq AU Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Cheq AU Credit Card This Card | ₹499 + Taxes | 12% rewards on Amazon, Flipkart, Zomato, BigBasket & CheQ app bill... | No Lounge Access | 4.3/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |