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visaclassiccredit
AU Nomo Credit Card
AU Small Finance Bank
shopping
Annual Fee
FREE
Joining Fee
₹200 + GST
Base Reward
2% points
Foreign Markup
0.99%
Fee Waiver
No renewal charges from the second year onwards
Interest Rate
3.59% per month
Welcome Benefits
500 Reward Points as a joining benefit
Product Highlights
- Secured credit card against a fixed deposit of ₹20,000
- No renewal charges from the second year onwards
- Complimentary railway lounge access
Rewards
Earn 2 Reward Points for every ₹100 spent on retail transactions. Earn 1 Reward Point for every ₹100 spent on utility and insurance transactions.
Redemption
1 RP = ₹0.25
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
other | 2%(2 Reward Points/₹100 Spent on Retail) | No cap |
utilities | 1%(1 Reward Point/₹100 Spent on Utility and Insurance) | No cap |
Benefits & Features
Domestic: 2 Free Visits Each Quarter (Spending ₹20,000 in a Calendar Quarter) Complimentary access to railway lounges and spend-based airport lounge access.
Fees & Charges
Annual FeeFREE
Joining Fee₹200 + GST
Fee WaiverNo renewal charges from the second year onwards
Foreign Markup0.99%
Interest Rate3.59% per month
Cash Advance2.5% of the Cash Withdrawal Amount or ₹500, Whichever is Higher
Redemption Fee₹99 + GST
Eligibility
Min Age
18 years
Available Networks
visa
Pros & Cons
Pros
- Low forex markup charge of 0.99%
- Rewards on utility and insurance spends
Cons
- Ideal for beginners, lacks higher features
- No dining or movie benefits
Additional Info
Minimum fixed deposit of ₹20,000 required
Card is ideal for first-time credit card users
Excluded Categories
fuelcashrenteducationgovernment