Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • AU Bank Credit Card Interest Rates

    AU Bank offers a lot of credit cards that suit the requirements of cardholders. You can choose from reward, lifestyle, travel, shopping, and fuel cards.

    When you make partial payments, you will be charged an interest rate on your closing amount until the amount has been paid in full.

    What is the AU Bank Credit Card Interest Rate?

    The interest rate charged by the bank ranges between 1.99% to 3.49%. The interest rate can differ from one credit card to another.

    AU Bank Credit Card Interest-free Period

    This is a grace period, and this is an interest-free period which is offered by AU Bank. If you pay the outstanding amount during the period, the bank will not levy an interest rate. The interest-free period is up to 50 days.

    FAQs on AU Bank Credit Card Interest Rates

    1. How does the concept of an interest rate on a credit card?

      The interest will be calculated the outstanding balance every day. At end of every day, the interest rate on your credit card will be calculated based on the amount that is unpaid. The charge will be added to the next day’s balance.

    2. When do I have to pay the credit card bill in order to avoid interest?

      You have to pay your credit card bill on time and in full on or before the due date.

    3. When will interest be charged on my credit card?

      The interest will be applicable on your credit card when you carry over an outstanding amount onto the next billing cycle.

    4. Will I be charged interest when I pay the minimum amount that is due?

      Yes, you will be charged interest on the remaining credit card balance if you pay the minimum amount due.

    5. What are the interest rates for AU Bank credit cards?

      The interest rates for AU Bank credit cards can range between 1.99% to 3.49%.

    6. What are the revolving credit charges for AU Bank credit cards?

      For AU Bank Altura Credit Card and AU Bank Altura Plus Credit Card, the revolving credit charge is 3.49% per month (41.88% annually). For the AU Bank Vetta Credit Card, the revolving credit charge is 2.99% per month (35.88% annually) and for the AU Bank Zenith Credit Card, the revolving credit charge is 1.99% per month (23.88% annually).

    7. What is the minimum repayment amount for AU Bank credit cards?

      The minimum repayment amount is 5% or minimum Rs.100.

    8. Is there any fee for balance transfers for AU Bank credit cards?

      Yes, 1% of the balance transfer amount, subject to a minimum of Rs.250.

    9. What is the foreign currency mark-up fee for AU Bank credit cards?

      For AU Bank Altura Credit Card and AU Bank Altura Plus Credit Card, the foreign currency mark-up fee is 3.49% per month (41.88% annually). For the AU Bank Vetta Credit Card, the foreign currency mark-up fee is 2.99% per month (35.88% annually) and for the AU Bank Zenith Credit Card, the foreign currency mark-up fee is 1.99% per month (23.88% annually).

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