3ASAU Small Finance BankAU LITNo annual fee · IN

woman holding magnetic card — Photo: Blake Wisz / Unsplash

No Annual Fee · India

AU LIT Credit Card

3.9 / 5 editorial score

Best for: people who want a lifetime free card and are happy to pay small fees only for the features they switch on.

#3 of 4 · No Annual Fee · India #31 of 34 · All India cards

Annual feeNo annual fee

IssuerAU Small Finance Bank

NetworkVisa or RuPay

Welcome offerSee issuer for the current offer

Interest rateSee issuer

Foreign feeSee issuer

Who qualifiesResident Indian; salaried 21 to 60 y…

Why it ranks

No joining or annual fee
You pay only for the features you use
Features can be switched off at renewal

What holds it back

Each benefit costs extra, and GST applies on feature fees
Base rate of 1 point per ₹100 is low
Membership features carry a penalty if spend targets are missed

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Advertiser disclosure: we may be paid if you apply through our links. Ratings are editorial. Confirm today's terms on the issuer's site — offers change.

Our verdict

Why the AU LIT Credit Card ranks where it does

AU LIT is a build-your-own card: lifetime free at the base, with each benefit sold separately for 90 days at a time through the AU 0101 app. The free layer is thin, 1 Reward Point per ₹100, so the card only makes sense if one of the paid features matches a large, predictable spend.

The menu is specific. 10X points on online or offline spends cost ₹299 per 90 days, or 5X for ₹199; 5% cashback on grocery costs ₹299 and on apparel ₹199, capped per 30-day cycle; a domestic lounge visit is ₹399, up to two per 90 days; and the fuel surcharge waiver is ₹49. Features renew automatically and GST is charged on each fee, so check what is switched on before every renewal.

The break-even arithmetic should be done feature by feature. The ₹299 grocery pack pays for itself once 5% of your groceries exceeds ₹299 plus GST over 90 days, which means about ₹6,000 of groceries in the quarter, or ₹2,000 a month. Below that, the pack loses money. For people who dislike paying for benefits they do not use, the model is attractive; for people who want to set up a card once and forget it, it is not.

Good fit if

Disciplined users with one large, steady category such as groceries
People who want to pay only for the benefits they switch on
Occasional flyers who want pay-per-visit lounge access

Skip it if

Anyone likely to forget about auto-renewing features
People looking for good rewards without paying extra

Worked example

Assume ₹8,000 a month on groceries with the 5% grocery feature switched on at ₹299 per 90 days, and that the monthly cashback stays within AU's cap. Cashback is 8,000 × 5% = ₹400 a month, ₹1,200 per 90 days. Subtracting the ₹299 fee leaves ₹901 before GST on the fee, or roughly ₹3,600 a year over four renewals. The cap amount is not in our data, so if your grocery spend is much higher, confirm it with AU before counting on the full 5%.

How it stacks up

The RBL Bank ShopRite card gives 5% value on groceries for a flat ₹500 fee, waived on ₹1.5 lakh of annual spend, without feature renewals, though its grocery cap stops at ₹5,000 of spend a month. The OneCard is also lifetime free and rewards your top two categories each month automatically, with no fees to manage. LIT suits people who like to adjust their card every quarter.

AU LIT is a lifetime free card from AU Small Finance Bank that you build yourself. You pay a small fee per 90 days only for the features you switch on, such as 10X points, category cashback or lounge visits.