AU Vetta Credit Card Review: Grocery Points, Lounges and an Easy Waiver
The AU Vetta Credit Card costs ₹2,999 plus GST a year, and AU waives it in year one on ₹40,000 of retail spends in the first 90 days and from year two on ₹1,50,000 a year. It earns 4 Reward Points per ₹100 on groceries and 2 on other retail, and adds Priority Pass and railway lounges, but AU does not publish what a point is worth.
Key facts
- Joining fee
- ₹2,999 + GST
- Annual fee
- ₹2,999 + GST. 1st year fee waiver: Rs.40,000 retail spends within 90 days of card set up. 2nd year onwards: Rs.1,50,000 retail spends in previous card anniversary year.
- Base reward
- 2 Reward Points per Rs.100 retail spends on other merchant categories
- Best category
- Grocery and departmental stores: 4 Reward Points per Rs.100
- Lounge
- Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: 4 complimentary international lounge visits a year (1 per quarter) with Priority Pass
- Forex markup
- 3.49% of the amount
- Network
- Visa, RuPay
Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.
In short
A sensible card for families who put groceries and everyday shopping on one card and travel a few times a year, as long as they accept that AU has not priced its points.
Best for
- Households spending ₹12,500 or more a month on retail, enough to keep the fee waived
- Occasional flyers who want 4 Priority Pass visits abroad and railway lounges at home
- RuPay users who want a rewards card they can link to a UPI app
Skip it if
- You want to know what each point is worth before you spend
- You spend abroad often, since the forex mark-up rose to 3.49% on 1 October 2026
- You buy a lot of fuel, which earns nothing and now has a ₹100 waiver cap
Highlights
- Annual fee ₹2,999 plus GST, waived on ₹1,50,000 of retail spends a year
- 4 Reward Points per ₹100 on groceries, 2 on other retail spends
- Up to 6,000 quarterly bonus points a year, plus 1,000 on your birthday
- 4 Priority Pass visits a year and 2 railway lounge visits a quarter
- Forex mark-up 3.49% from 1 October 2026
What AU Vetta is and who it is meant for
Vetta is AU Small Finance Bank's grocery and travel card: ₹2,999 a year plus GST, 4 Reward Points per ₹100 at grocery and departmental stores, 2 per ₹100 on other retail, and airport and railway lounges with travel covers comes along. AU issues it on Visa and RuPay, and the RuPay card can be linked to a UPI app for paying merchants.
It is meant for a family doing the monthly shopping on one card and taking a few trips a year. For them the waiver matter most: ₹1,50,000 of retail spends in a card year removes the fee from year two, only ₹12,500 a month (₹1,50,000 divided by 12), which is quite less than the ₹3 lakh or more that the other cards in our comparison ask.
Three things that decide its value
- The points have no published price. AU tells you how many points you earn, not what they fetch on AU Rewardz, and every redemption cost ₹99 plus GST. You can count Vetta points, you cannot value them.
- Home lounges depend on spending. Since 10 April 2026 the one domestic airport visit a quarter needs ₹50,000 of spends in a calendar quarter. AU lists no spend rule for the 4 Priority Pass visits abroad or the 2 railway lounge visits a quarter.
- Bonuses reward steady use. 500 points at ₹50,000 of retail spends in a quarter, 1,000 more at ₹1 lakh, and a ₹1,000 voucher at ₹2.5 lakh in a year.
Status and what changed in 2026
Vetta is active and AU is accepting applications online. Four dates this year touches it: domestic lounges became spend-based on 10 April 2026; AU's 1% fee on heavy transport spends began on 14 June 2026 and its fuel fee on 1 July 2026; and on 1 October 2026 the forex mark-up went from 2.99% to 3.49% while the fuel surcharge waiver was cut to ₹100 a statement cycle from ₹250. One place on AU's card page still show the old ₹250, so we use AU's MITC of 2 November 2026.
Vetta fees, the waiver and the charges that matter
The joining and annual fees are ₹2,999 each, plus 18% GST, so a year you pay costs ₹3,538.82 (₹2,999 plus ₹539.82). Up to 3 add-on cards for family is lifetime free.
Will a normal spender get the fee waived?
Mostly yes. In year one, ₹40,000 of retail spends in 90 days of card set-up does it, about ₹13,333 a month (₹40,000 divided by 3); miss it and AU bills the fee in the statement after the 90 days. From year two the test is ₹1,50,000 of retail spends in the previous card anniversary year, or ₹12,500 a month. AU's wording says retail spends, so track only the ordinary purchases, not the rent and cash ones.
Interest, late payment and cash
- Interest is 3.75% a month, 45% a year. ₹25,000 carried for 30 days costs about ₹924.66 (₹25,000 x 45% x 30, divided by 365), plus GST. The interest-free period is up to 50 days, but cash never gets it.
- Late payment is 15% of the Total Amount Due, minimum ₹10, maximum ₹1,300, plus GST. On a ₹20,000 bill 15% would be ₹3,000, so you pay the ₹1,300 ceiling.
- Cash advance is 2.5%, minimum ₹500, with interest from the day of withdrawal. The cash limit is 30% of the card limit: on a ₹1,00,000 limit, ₹30,000, and taking all of it cost ₹750 in fee alone (2.5% of ₹30,000).
- Over-limit use (only with consent) is 2.5%, minimum ₹500; a bounced payment, 2% of the total due or ₹500, whichever is higher.
Forex, fuel and AU's fair-usage fees
Forex mark-up is 3.49% plus GST from 1 October 2026, and 3.49% of ₹1,00,000 spent abroad is ₹3,490, against ₹2,990 at the old 2.99%, a extra ₹500 before tax.
- Rent (MCC 6513) in India: 1%, minimum ₹99 a payment. ₹20,000 of rent costs ₹200 plus ₹36 of GST, so ₹236, and earn no points.
- Fuel: from 1 July 2026, 1% on the whole month's fuel if one fill passes ₹10,000 or the month passes ₹25,000. The waiver is 1% on fills of ₹400 to ₹5,000, up to ₹100 a statement cycle.
- Utilities (MCC 4900): 1% once a calendar month's utility payments cross ₹50,000. Education through apps like CRED: 1%, minimum ₹99; paying the school direct is free.
- Transport (MCC 4111, 4112, 4784, from 14 June 2026): 1% on the month's whole transport spend above half your limit or ₹25,000, whichever is lower. On a ₹40,000 limit the trigger is ₹20,000. IRCTC and some travel partners are kept out.
AU's schedule lists no charge for wallet loads.
Vetta: fees and charges
| Joining fee | ₹2,999 + GST |
|---|---|
| Annual or renewal fee | ₹2,999 + GST |
| Annual fee waiver | 1st year fee waiver: Rs.40,000 retail spends within 90 days of card set up. 2nd year onwards: Rs.1,50,000 retail spends in previous card anniversary year. |
| Add-on card fee | Nil |
| GST | Charged on top of the fees and charges listed |
| In the bank’s words | Annual Card Membership fee: Rs.2,999 + applicable taxes. AU charges the first-year fee in the statement after 90 days from card set-up if the Rs.40,000 spend waiver is not met. Add-on cards free. |
| Interest on unpaid balances | Up to 3.75% a month (45% a year) |
| Late payment fee | 15% of Total Amount Due (minimum Rs.10, maximum Rs.1,300), plus 18% GST |
| Cash withdrawal | 2.5% of amount withdrawn, minimum Rs.500; interest (charges on revolving credit) from the date of withdrawal until full payment; cash limit 30% of card limit |
| Over-limit fee | 2.5% of over-limit amount, minimum Rs.500 (over-limit only with the cardholder's explicit consent) |
| Forex markup | 3.49% of the amount |
| Other fees |
|
How Vetta's points add up
Points come in whole multiples of ₹100, at three rates:
- 4 Reward Points per ₹100 at grocery and departmental stores. AU's FAQ lists the codes as 5411, 5422, 5441, 5451, 5462, 5499, 5311, 5999 and 5399, so it is worth to check how your usual store is coded.
- 2 per ₹100 on all other retail, and 1 per ₹100 on insurance, utilities and telecom (at most 100 points a transaction on utility and telecom).
- Nothing on cash, rent, education and government, EMI, fuel, BBPS bills, transport and quasi-cash.
The grocery rate has no cap of its own. AU's Cardmember Agreement sets an overall 25,000 points a statement cycle, which needs ₹6,25,000 of groceries in one cycle (25,000 divided by 4, times ₹100), so no family reach it.
Bonuses instead of a welcome gift
There is no welcome benefit. Quarterly, 500 points at ₹50,000 of retail spends and 1,000 more at ₹1 lakh, fuel and cash excluded: up to 1,500 a quarter, or 6,000 a year (1,500 x 4). Yearly, a ₹1,000 voucher at ₹2.5 lakh. And 1,000 points for any retail buy on your birthday.
What a point is worth
AU does not publish a rupee value for Vetta points. Each redemption costs ₹116.82 (₹99 plus ₹17.82 of GST), points expire after 2 years, and AU forfeit them if the card sits unused for 12 months. The one AU point price we have is ₹0.25 on Ananta, and AU has not said Vetta points redeem the same, so the examples stay in points.
Three worked examples
Only grocery and other shopping count toward the milestones and waiver here, and each year has one birthday purchase.
| Per month | Light: ₹10,000 | Typical: ₹30,000 | Heavy: ₹70,000 |
|---|---|---|---|
| Grocery at 4 per ₹100 | ₹4,000: 160 | ₹10,000: 400 | ₹20,000: 800 |
| Other retail at 2 per ₹100 | ₹5,000: 100 | ₹15,000: 300 | ₹40,000: 800 |
| Utility and telecom at 1 per ₹100 | None | ₹2,000: 20 | ₹4,000: 40 |
| Fuel, no points | ₹1,000 | ₹3,000 | ₹6,000 |
| Points a year | (160 + 100) x 12 = 3,120 | (400 + 300 + 20) x 12 = 8,640 | (800 + 800 + 40) x 12 = 19,680 |
| Quarterly bonus a year | 0 | 500 x 4 = 2,000 | 1,500 x 4 = 6,000 |
| Total with 1,000 birthday points | 4,120 | 11,640 | 26,680 |
| Voucher at ₹2.5 lakh | No | ₹1,000 | ₹1,000 |
| Annual fee from year two | ₹3,538.82 | Waived | Waived |
Light. ₹9,000 of shopping a month (₹4,000 plus ₹5,000) is ₹27,000 a quarter (x 3) and ₹1,08,000 a year (x 12), short of every test: first 90 days, quarterly bonus, lounge and waiver. You pays ₹3,538.82 a year for 4,120 points, so a point would need to be worth about ₹0.86 (₹3,538.82 divided by 4,120) to break even, more than three times Ananta's ₹0.25.
Typical. ₹25,000 of shopping makes ₹75,000 a quarter (₹25,000 x 3) and ₹3,00,000 a year, clearing the first-year test, the waiver, the 500-point step and the voucher. The card cost nothing at all, and you get 11,640 points, ₹1,000 in vouchers, 4 domestic and 4 Priority Pass visits, and 8 railway visits (2 a quarter, x 4).
Heavy. ₹60,000 of shopping makes ₹1,80,000 a quarter, past both steps, so 1,500 bonus points each quarter and 26,680 in the year, fee waived. The 25,000 cycle limit is far off at 1,640 points a month, and ₹6,000 of fuel stays clear of AU's fuel fee.
Vetta: higher-reward categories
| Category | Rate | Cap |
|---|---|---|
| Grocery and departmental stores | 4 Reward Points per Rs.100 | No category cap published; statement-cycle cap of 25,000 Reward Points (Cardmember Agreement), statement cycle |
Vetta: how rewards work
| Earned as | Reward Points |
|---|---|
| Base rate | 2 Reward Points per Rs.100 retail spends on other merchant categories |
| Minimum spend rules | Points accrue in multiples of Rs.100 |
| No rewards on |
|
| Lower rewards on |
|
| Value of a point |
|
| Redemption fee | Rs.99 + GST per successful redemption |
| Expiry | 2 years from the date of accrual |
| Welcome benefits | None published |
| Milestone benefits |
|
| Lounge access | Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: 4 complimentary international lounge visits a year (1 per quarter) with Priority Pass Condition: With effect from 10 April 2026, domestic lounge access needs a minimum spend of Rs.50,000 in a calendar quarter. Also 2 railway lounge visits per calendar quarter. Priority Pass use in India is charged. |
| Fuel surcharge waiver | 1% waiver on Rs.400 to Rs.5,000, up to Rs.100 per statement cycle (effective 1 October 2026; earlier Rs.250) |
| Insurance cover | Air accident cover Rs.50 lakh; credit shield Rs.5 lakh; purchase protection Rs.25,000 (90 days); baggage loss/delay, flight delay, passport loss and hijack covers |
Who can apply for Vetta, and how
AU uses one set of rules for its retail cards. Salaried applicants should be 21 to 60 and self-employed applicants 25 to 65, only resident Indians qualify, and an add-on holder must be over 18. On income AU writes just "as specified by the bank", with no figure for Vetta, so you finds out the bar only after applying. AU calls the criteria indicative and the decision is its own.
Documents are valid proof of identity, address and income. The Apply Now button on AU's Vetta page opens its online onboarding portal, where you fill the form and track the status. Branches and the AU 0101 app handles questions, the call centre on 1800 1200 1500 runs 24x7, and Vetta holders get a priority email desk. Only the RuPay card links to UPI, so ask for it if UPI payments matters to you.
What AU will look at
The RBI's 2025 card Directions make AU judge credit risk on your independent financial means and set the limit after counting what you already hold with other lenders, from your declaration or bureau data. No RBI rule fixes a minimum age or income.
Your credit report carry weight. CRIF scores run from 300 to 900 and above 700 is generally seen as good, and a person with no history gets an "NH" report, not a score. AU must give a one-page Key Fact Statement with the form and, if it says no, the specific reasons in writing; later it cannot upgrade the card or raise the limit without your explicit consent.
Vetta: eligibility and documents
| Age (salaried) | 21 to 60 years |
|---|---|
| Age (self-employed) | 25 to 65 years |
| Income (salaried) | Minimum monthly income as specified by the bank (no figure published) |
| Income (self-employed) | Minimum monthly income as specified by the bank (no figure published) |
| Other conditions | Resident Indian; add-on cardholder over 18 years. Criteria are indicative; AU decides on approval. |
| Documents |
|
| How to apply | Online through the 'Apply Now' link on each card page (AU credit card onboarding portal, cconboarding.au.bank.in); application status can be tracked online. NOMO needs an AU fixed deposit. Support also at branches and on the AU 0101 app. |
| Card customer care | 1800 1200 1500 |
These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.
Who should pick Vetta, and who should not
Vetta fits a household that puts ₹12,500 or more a month of ordinary retail on one card and lean on groceries. The fee then goes from year two, and with ₹40,000 in the first 90 days it never comes. Add Priority Pass and the railway lounges, and a family that travel two or three times a year gets more than the points suggest.
The weak spot is the currency. Without a point value you can't set 4 points per ₹100 against a card paying a known 2.5%, and ₹116.82 a redemption hurts small, frequent ones, so save up and redeem in one go.
Skip it if you spend around ₹10,000 a month, because the fee stays. Skip it if you travel abroad a lot, as 3.49% plus GST is costly price for a travel card, or if fuel is big, since fuel earns nothing and the waiver stops at ₹100 a cycle. Rent payers pay 1% with a ₹99 floor and earn nothing.
The home lounge is the last catch: one visit, only in a quarter with ₹50,000 of spends, about ₹16,667 a month (₹50,000 divided by 3). Priority Pass inside India costs US$35 plus taxes, so keep it for abroad trips.
Pros
- Fee waived in year one on ₹40,000 of retail spends in 90 days, and later on ₹1,50,000 a year
- 4 Reward Points per ₹100 on groceries with no separate category cap
- 4 Priority Pass visits abroad and 8 railway lounge visits a year, with no spend rule listed
- Up to 6,000 quarterly bonus points a year and a ₹1,000 voucher at ₹2.5 lakh of yearly spends
- RuPay version can be linked to a UPI app
- Air accident cover of ₹50 lakh and purchase protection of ₹25,000
Cons
- AU publishes no rupee value for Vetta points, and each redemption costs ₹99 plus GST
- Domestic lounge visits need ₹50,000 of spends in a calendar quarter since 10 April 2026
- Forex mark-up rose to 3.49% from 2.99% on 1 October 2026
- Fuel surcharge waiver cut to ₹100 a statement cycle from ₹250
- No welcome benefit of any kind
- Rent costs 1% (minimum ₹99) and earns no points
Vetta compared with three cards at a similar fee
Each of these charge ₹2,000 to ₹3,000 a year plus GST and rewards grocery or everyday spending; the table on this tab sets the figures side by side.
SBI Card PRIME
The SBI Card PRIME has the same ₹2,999 fee but a harder waiver, ₹3 lakh in the preceding year. Its points do has a price: 10 per ₹100 at grocery, departmental stores, dining and movies, at 4 points to ₹1, is 2.5%, up to 7,500 points a calendar month. It adds 8 domestic visits a year at SBI Card's Set B lounges, 4 Priority Pass visits abroad with no spend condition stated, and a ₹3,000 welcome voucher. Forex is 3.5%.
Axis Bank Select
The Axis Bank Select costs ₹3,000, waived only on ₹8 lakh. It earns 20 EDGE points per ₹200 at department, grocery and clothing stores on up to ₹20,000 a month, 2% at the ₹0.20 Axis puts on its welcome points, and 10 per ₹200 elsewhere. Domestic lounges need ₹50,000 in the last 3 months; Priority Pass gives 6 visits abroad, 6 more after ₹3 lakh. Axis wants ₹6 lakh a year of income, forex is 3.5%.
AU Ananta
AU's Ananta is ₹999 cheaper at ₹2,000 (₹2,999 minus ₹2,000) and pays 5 points per ₹100 on shopping, dining and travel, priced at ₹0.25. Its 16 domestic visits a year hang on AU Rewardz flight bookings of ₹5,000 or more, it has no lounges abroad, and its waiver asks ₹3 lakh.
Which one to pick
- Vetta: the easiest waiver here at ₹1,50,000, lounges abroad without a spend rule, and a RuPay card for UPI.
- PRIME: big grocery and dining bills and a wish for a known 2.5%.
- Select: over ₹8 lakh a year of spends and frequent trips abroad.
- Ananta: online shopping, eating out and flights booked on AU Rewardz.
More on our AU Small Finance Bank cards page, in best grocery credit cards and best airport lounge cards, and on the credit cards hub.
Vetta against similar cards
| Term | AU Vetta Credit Card This card | SBI Card PRIME | Axis Bank Select Credit Card | AU Ananta Credit Card |
|---|---|---|---|---|
| Bank | AU Small Finance Bank (AU Bank) | SBI Card | Axis Bank | AU Small Finance Bank (AU Bank) |
| Joining fee | ₹2,999 + GST | ₹2,999 + GST | ₹3,000 + GST | ₹2,000 + GST |
| Annual fee and waiver | ₹2,999 + GST. 1st year fee waiver: Rs.40,000 retail spends within 90 days of card set up. 2nd year onwards: Rs.1,50,000 retail spends in previous card anniversary year. | ₹2,999 + GST. Renewal fee waived on annual spends of Rs. 3 lakhs (MITC: in the preceding year) | ₹3,000 + GST. Annual fee waived on spends of INR 8 lakh in the preceding card anniversary year; insurance, rent, fuel, education, utilities and telecom, government, wallet, gold and gift card spends (and EMI conversions, cash, reversals, fees) do not count. Nil fees for Burgundy account holders. | ₹2,000 + GST. For 2nd year onwards Fee Waiver: Rs.3,00,000 retail spends done in previous card anniversary year. No joining fee waiver. |
| Base reward | 2 Reward Points per Rs.100 retail spends on other merchant categories | 2 Reward Points per Rs. 100 on all other retail spends, except fuel (about 0.5% value) | 10 EDGE REWARD Points per INR 200 spent (about 1% value) | 2 Reward Points per Rs.100 on all other retail spends (about 0.5% value) |
| Best category | Grocery and departmental stores: 4 Reward Points per Rs.100 | Birthday spends: about 5% value | Retail shopping: department stores, grocery stores, clothing and accessory stores: about 2% value | Shopping, dining and travel: about 1.25% value |
| Lounges | Domestic: 1 complimentary domestic airport lounge visit per calendar quarter International: 4 complimentary international lounge visits a year (1 per quarter) with Priority Pass | Domestic: 8 complimentary domestic airport lounge visits a year (max 2 per quarter); from 10 Jan 2026 only at the lounges in SBI Card's 'Set B' list International: 4 complimentary Priority Pass lounge visits per calendar year outside India (max 2 per quarter); Priority Pass membership complimentary | Domestic: 2 complimentary visits per quarter at select domestic airport lounges (card must be swiped; Priority Pass not valid at Indian domestic lounges from 28 Aug 2026) International: Priority Pass membership with 6 complimentary international lounge visits per anniversary year, plus 6 more on INR 3 lakh spends in that year (up to 12) | Domestic: 4 complimentary domestic airport lounge visits per calendar quarter (16 a year) International: None published |
| Forex markup | 3.49% of the amount | 3.5% of the amount | 3.5% of the amount | 3.49% of the amount |
| Network | Visa, RuPay | Visa, Mastercard, American Express, RuPay | Not stated by the bank | Visa |
| Published minimum income | Minimum monthly income as specified by the bank (no figure published) | Stable income; SBI Card says the specific minimum varies by card and does not... | ₹50,000 a month | Minimum monthly income as specified by the bank (no figure published) |
| Status | Taking applications | Taking applications | Taking applications | Taking applications |
Frequently asked questions
Is the AU Vetta annual fee waived?
How much is an AU Vetta Reward Point worth?
What are the eligibility rules for the AU Vetta card?
Does AU Vetta give airport lounge access?
What changed on AU Vetta in October 2026?
Can I use the AU Vetta card on UPI?
Related
- AU Small Finance Bank Credit Cards 2026: LIT to Zenith+ Compared
- SBI Card PRIME Review: 2.5% on Dining and Grocery, 12 Lounge Visits
- Axis Bank Select Credit Card Review: Everyday Points and Priority Pass
- AU Ananta Credit Card Review: 1.25% Back and 50,000 Milestone Points
- Best Grocery Credit Cards in India 2026: The Monthly Cap Decides
Sources
- AU Small Finance Bank: Most Important Terms and Conditions (MITC) with Schedule of Charges, Version 2.23; AU Vetta Credit Card page (Internet Archive copy; live page refused automated fetch with a Cloudflare check); Credit Cards listing page (Internet Archive copy, 23 Oct 2026; live page refused automated fetch with a Cloudflare check); Cardmember Agreement (AU Small Finance Bank Credit Card)
Last verified: 5 November 2026
Written by Abhishek Kumar, reviewed by BankCreds Financial Experts
BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.