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AU NOMO Credit Card

Home AU Small Finance Bank AU NOMO Credit Card
Updated: 17-02-2025 07:41:13 AM

AU NOMO (No Missing Out) Credit Card is a secured credit card issued against AU Small Finance Fixed Deposits. The card is issued against a low minimum FD amount of Rs. 10,000. This makes it a suitable choice for those who are not eligible for unsecured credit cards due to the absence of a credit score, credit history, or lack of income proof documents. The card comes with several benefits, including reward points, milestone benefits, free lounges at airports and railways, a low forex markup fee, etc. The best part is that while availing themselves of these benefits, users can continue to earn interest on the pledged fixed deposits. Read on to know more about this card.

AU NOMO Credit Card Overall Rating: ★★★
Reward Structure ★★★
Lounge Access ★★★
Other Benefits ★★

Being a secured credit card, the AU NOMO Credit card brings users the best of both—a high return rate of up to 7.75% on fixed deposits and credit card-linked benefits around travel, rewards, and UPI transactions. Though there is a one-time joining fee of Rs. 199, the card is free the second year onwards.

For a zero annual fee, this card offers some exceptionally good features around travel, like a low forex markup fee of 0.99% and decent frequency on railway and airport lounge access. Except for these, most features on the card, including the reward rate of up to 0.5%, are very basic. Having said that, unlike most cards that come with a long list of exclusions, here card users are awarded with frequent opportunities to earn rewards. Users can earn rewards on often excluded categories like utilities, insurance, and UPI transactions. An additional 500 bonus rewards are offered on card activation, thus a value-back of Rs. 125 for a one-time joining fee of Rs. 199, based on the per-reward value of Rs. 0.25. Further, unlike most credit cards that offer milestone rewards once a year, this card offers it four times, due to quarterly spend thresholds.

AU Nomo Credit Card: Features & Benefits
AU NOMO Credit Card: Fees & Charges
AU NOMO Credit Card: Eligibility & Documentation
FAQs
AU Nomo Credit Card: Features & Benefits

Rewards Structure: 

  • 2 reward points for every Rs. 100 spent on retail purchases
  • 1 reward point for every Rs. 100 spent on utility and insurance transactions (capped at 100 reward points per transaction)
  • Redeem reward points against e-vouchers, DTH recharges, mobile recharges, merchandise, flight bookings, hotel bookings, etc. from the curated AU Rewardz catalogue
  • Value of 1 reward = Rs. 0.25
  • Exclusions: Cash, Rent, Education & Govt, EMI, Fuel, BBPS and Quasi Cash transactions are not eligible for Reward Points

Travel Benefits:

  • 2 complimentary access to domestic airport lounges every quarter on reaching minimum quarterly spends of Rs. 20,000
  • 2 complimentary railway lounge access per quarter. Add-on cardholders can also get the benefits of railway lounge within the allowed number of complimentary visits.
  • Low forex markup fee of 0.99%

Other Benefits:

  • 500 reward points on the first transaction within 30 days of card setup
  • 500 reward points on retail spends of Rs. 25,000 in a quarter, additional 500 reward points on retail spends of Rs. 50,000 in a quarter
  • 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000  (up to Rs. 100 per statement cycle)
  • FD interest rate of up to 7.75% on the deposit amount
  • Contactless payments for transactions up to Rs. 5,000

Note: Fuel and cash transactions will not be considered for milestone benefit calculation.

AU NOMO Credit Card: Fees & Charges
Particulars Charges
Joining Fee Rs. 199
Cash withdrawal limit 70% of the card limit
Foreign Currency Markup Fee 0.99%
Finance Charges 3.75% per month (45% p.a.)
Interest free period Up to 48 days (not applicable for cash withdrawal)
Minimum amount due 5% of total amount due (including full EMIs and previous month outstanding or minimum Rs. 100, whichever is higher)
Overlimit charges 2.5% of overlimit amount, subject to minimum of Rs. 500
Cash Advance Charges 2.5% of cash withdrawal amount or Rs. 500, whichever is higher
EMI conversion charges 1% of the amount (subject to a minimum of Rs. 99)
Rent transactions 1%
Reward point redemption Rs. 99
Charges in case of Default For Statement Balance:
Less than or equal to Rs 100: Nil
Above Rs 100 and up to Rs 500: Rs. 100
Above Rs 500 and up to Rs 5,000: Rs. 600
Above Rs 5,000 and up to Rs 10,000: Rs. 700
Above Rs 10,000 and up to Rs 20,000: Rs. 800
Above Rs 20,000 and up to Rs 50,000: Rs. 1,100
Above Rs. 50,000: Rs. 1,300
AU NOMO Credit Card: Eligibility & Documentation
  • Fixed deposit accounts owned by a single individual only are eligible for availing AU NOMO Credit Card.
  • Joint ownership FDs, Tax-saving FDs, Non-callable FDs and Third Party FDs are not eligible for availing AU NOMO Credit Card.
  • The applicant should be 18 years of age or above.
  • Resident Indians are eligible for AU NOMO Credit card.
  • The applicant should have a fixed deposit account with AU Small Finance Bank.
  • The minimum FD amount for AU Small Finance Bank is Rs 10,000.
  • The fixed deposit account should be in cumulative, auto renew or re-invest mode.
FAQs

Q. Why do I need to create an FD for AU NOMO Credit Card?

AU NOMO Credit Card is  a secured credit card issued against a Fixed Deposit. This FD amount acts as a collateral, allowing users with no credit history to avail a card. However, if the card user defaults on the credit card payments, the bank can use the FD to cover the outstanding balance.

Q. What all Fixed Deposits can be used for applying for an AU NOMO Credit Card?

To avail this card, you need to hold a AU Small Finance Fixed Deposits. However, FDs with joint ownership, tax saving FD, Third Party FD & NO-callable FD are not eligible for availing the card. Only Fixed Deposits under the name of an individual with sole ownership and in cumulative/re-invest and auto-renewed mode are acceptable for the card application.

Q. What if I need to withdraw funds in case of an emergency?

In case of emergencies, you can withdraw your Fixed Deposit amount after settling the outstanding balances on your credit card. However, partial withdrawals are not allowed on AU NOMO Credit Card. 

 

 

 

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