AU Ananta Credit Card Review 2026: 5 Points per ₹100 on Shopping, Dining & Travel — and a ₹3 Lakh Wa
AU Ananta costs ₹2,000 and pays 5 Reward Points per ₹100 (1.25%) on shopping, dining and travel. The ₹3,00,000 waiver threshold is 150× the fee. Full maths and FAQs.
AU Ananta is a ₹2,000 card paying 5 Reward Points per ₹100 on shopping, dining and travel — 1.25% at AU's published rate — and 2 points per ₹100 on everything else.
The rate is respectable for the tier. The waiver threshold is the number to look at first.
AU Ananta Credit Card Quick Overview
| **Card type** | Premium lifestyle card |
|---|---|
| **Best for** | Someone with concentrated shopping, dining and travel spending |
| **Joining / renewal fee** | ₹2,000 + GST, same on renewal — renewal waived at ₹3 lakh of annual spend |
| **Network** | Visa |
| **Base reward rate** | **0.5%** |
| **Top reward rate** | **1.25%** — shopping |
| **Reward currency** | AU Reward Points, valued at ₹0.25 each |
| **Lounge access** | None published |
| **Forex markup** | 3.49% |
Reward Structure: How You Earn
AU Reward Points are worth ₹0.25 each when redeemed through AU Rewardz. That figure is not a guess — AU's Card Member Agreement states it, and AU's reward-points revision notice confirms it by setting a lower rate of ₹0.20 for gift cards and vouchers while leaving 'all other categories of redemption' unchanged. Every percentage in this review uses ₹0.25.
5 Reward Points per ₹100 on shopping, dining and travel — 1.25%.
2 Reward Points per ₹100 on all other retail spends — 0.5%.
1 Reward Point per ₹100 on insurance, utility and telecom — 0.25%.
| Spend | Effective rate |
|---|---|
| shopping | **1.25%** |
| dining | **1.25%** |
| travel | **1.25%** |
| Everything else | 0.5% |
| Fuel, rent, wallet loads, government, gaming | **0%** |
The waiver threshold is 150 times the fee
Ananta costs ₹2,000 and asks for ₹3,00,000 of retail spend to waive it.
Put that in proportion: at the 1.25% accelerated rate, ₹3 lakh of qualifying spend earns ₹3,750 of Reward Points. At the 0.5% base rate it earns ₹1,500 — less than the fee the spending waives. A cardholder who reaches the threshold on ordinary spending rather than accelerated categories has spent ₹3 lakh to avoid a ₹2,000 charge and earned ₹1,500 doing it.
AU publishes no ceiling for the 5-point band, which this review records as unknown.
The ₹10 lakh milestone is unquantified
AU's page names a milestone at ₹10,00,000 of annual spend but does not say what it is worth. This review records the value as null — not zero — because an unquantified benefit is not the same as an absent one.
The ₹99 redemption fee nobody mentions
AU charges ₹99 + GST on every successful redemption, on every card variant it issues. That is ₹116.82 a time, and it is worth 467 Reward Points. It appears in AU's Schedule of Charges and in its reward-points revision notice; it appears on no card page.
The practical effect is that small redemptions are not worth making. Cash out 500 points — ₹125 of value — and the fee takes almost all of it. The programme quietly rewards hoarding points and redeeming in large blocks, which is the opposite of what the card pages suggest.
Fair usage charges: the most important thing about any AU card
AU levies 1% 'fair usage charges' on five categories of spending. These are charges, not merely the absence of rewards — money leaves your account for using the card.
| Category | MCCs | When the 1% applies |
|---|---|---|
| Fuel | 5172, 5541, 5542, 5552, 5983 | Monthly aggregate above 50% of your credit limit or ₹50,000, whichever is **lower**. If a single transaction also exceeds ₹10,000, the 1% hits the **entire** aggregate, not just the excess. |
| Utility | 4900 | Monthly aggregate above ₹50,000 |
| Education & government | 8211, 8220, 8241, 8244, 8249, 8299 | Paid through third-party apps (CRED, PhonePe, Paytm, MobiKwik, Freecharge) or internationally. Minimum ₹99 per transaction. Paying the institution directly is free. |
| Rent | 6513 | All domestic rent. Minimum ₹99 per transaction. |
| Transportation | 4111, 4112, 4784 | Monthly aggregate above 50% of your limit or ₹25,000, whichever is lower — then 1% on the **entire** aggregate. |
Two exemptions are worth knowing: the AU Corporate and Purchase cards are exempt from all five, and the ixigo AU co-brand is exempt from the transportation charge. Nothing applies to international transactions.
The fuel rule deserves a second look. Fuel earns no reward points on any AU card, and above the threshold it costs 1%. It is the only category in this dataset that is penalised twice.
Milestone Benefits
| Spend | Benefit | Value |
|---|---|---|
| ₹10 lakh a year | Milestone benefit on annual spends of ₹10,00,000. | Value not published |
Category Restrictions: Where You Won't Earn
- Where you earn nothing: Earns nothing at all: AU excludes fuel, cash withdrawals and quasi-cash from Reward Points across the range. Note that fuel is doubly penalised: it earns nothing AND, above the fair-usage threshold, attracts a 1% charge.
- Point expiry: Reward Points remain valid for 24 months from the date of accrual, per AU's Card Member Agreement. Points are credited on the statement generation date and only where the transaction has settled and has not been reversed, disputed, cancelled, refunded or charged back.
- Redemption fee: ₹99 per redemption.
Fees and Charges
| Charge | Amount |
|---|---|
| Joining fee | ₹2,000 + GST |
| Renewal fee | ₹2,000 + GST |
| Finance charges | 3.75% per month (45% per annum) on all AU retail credit cards. Two exceptions: Zenith+ at 1.99% per month (23.88% per annum) and AU CA and AU CS at 2.99% per month (35.88% per annum). Commercial cards — Corporate, Purchase and Business — are charged up to 3.49% per month (41.88% per annum). |
| Interest-free period | Up to 50 days on retail cards and up to 48 days on commercial cards, and not applicable to cash withdrawals. The period is lost entirely if the previous month's dues were not paid in full. |
| Minimum amount due | 5% of principal outstanding + 100% of fees and charges + 100% of interest + due EMIs + 100% of the annual membership fee + 100% of GST, for customers who paid the previous statement's Total Amount Due in full and on time. For customers who did NOT, the principal component drops to 2% — a lower minimum that lets the balance revolve for longer. The result is rounded up to the next multiple of ₹10, and any unpaid MAD from previous statements is added on. |
| Cash advance fee | 2.5% of the amount withdrawn or ₹500, whichever is higher. Zenith+ and Traverse (NRI) have NO cash withdrawal fee. |
| Cash advance interest | Charged at the card's revolving rate from the date of withdrawal, with no interest-free period. |
| Forex markup | Varies by card: 0% on ixigo AU; 0.99% on Zenith+, NOMO and Traverse (NRI); 1.99% on Zenith, AU CA and AU CS; 2.99% on Vetta; and 3.49% on the rest of the range. |
| Dynamic currency conversion | Charged at the card's cross-currency markup rate — AU applies the same rate to dynamic and static currency conversion transactions as to foreign currency transactions. |
| Late payment | 15% of the Total Amount Due, subject to a minimum of ₹10 and a maximum of ₹1,300. AU's late fee is PERCENTAGE-BASED, which is unusual — most Indian issuers use a flat slab table. On a ₹2,000 balance the charge is ₹300 where a slab-based issuer would charge ₹400–₹500; on a ₹20,000 balance it is ₹1,300 against a typical ₹950–₹1,000. AU's own MITC works the ₹2,000 example. The charge is levied on the amount outstanding after the due date, not on the total amount due, and applies equally if you pay less than the minimum amount due. |
| Overlimit | 2.5% of the over-limit amount, subject to a minimum of ₹500. |
| Payment return | 2% of the Total Amount Due or ₹500, whichever is higher, on the return or failure of a payment — cheque, ECS/NACH or autopay alike. |
| Rent payment | 1% of the transaction value, minimum ₹99 per transaction, on domestic rent (MCC 6513). International rental transactions are not charged. |
| Utility payments | No charge while aggregate utility spend (MCC 4900) stays at or under ₹50,000 in a calendar month; 1% on the amount above ₹50,000. |
| Education payments | 1% of the transaction value, minimum ₹99 per transaction, on education and government payments (MCC 8211, 8220, 8241, 8244, 8249, 8299) made through third-party apps such as CRED, PhonePe, Paytm, MobiKwik and Freecharge, and on international education transactions. Payments made directly to a school or college — on its own website or at its POS terminal — are NOT charged. |
| Fuel transactions | Revised w.e.f. 1 July 2026. No charge while aggregate monthly fuel spend (MCC 5172, 5541, 5542, 5552, 5983) stays under 50% of the credit limit or ₹50,000, whichever is lower. Above that threshold, 1% on the excess — but where a single transaction ALSO exceeds ₹10,000, the 1% is charged on the entire aggregate rather than on the excess alone. |
| Add-on card | AU levies the same joining and annual membership fee schedule on add-on cardholders as on primary cardholders. |
| Reward redemption | ₹99 + GST on EVERY successful redemption, applicable to all AU Bank Credit Card variants. At the ₹0.25 general redemption rate that fee is worth 467 Reward Points. |
| EMI processing | Xpress EMI: 1% of the amount converted, minimum ₹99 + GST — but zero on Laksya, AU CA and AU CS. Instant EMI: ₹199 + GST on every EMI transaction at a point of sale or through a payment gateway. |
| GST | 18% on all fees, interest and other charges. |
Is the AU Ananta Credit Card Worth It?
Ananta works if your spending genuinely concentrates in the accelerated categories. 1.25% on shopping, dining and travel at a ₹2,000 fee is fair value, and the ₹200 fuel surcharge cap is better than the entry tier's ₹100.
It works badly as a general-purpose card. 0.5% base against a ₹3 lakh waiver threshold is a poor combination.
Compare against Laksya before deciding. Laksya costs ₹1,000 — half as much — pays the same 5 points per ₹100 on groceries, departmental stores and contactless payments, and asks ₹2,00,000 for its waiver. Unless your spending is specifically travel-heavy, Laksya is the better buy.
AU's late payment charge is 15% of the total amount due, with a floor of ₹10 and a ceiling of ₹1,300. That is unusual — almost every Indian issuer uses a flat slab table. It works out cheaper than the market on small balances (₹300 on ₹2,000, where a slab issuer charges ₹400 to ₹500) and at the ceiling on large ones.
Frequently Asked Questions (FAQs)
What is the reward rate on the AU Ananta Credit Card? 5 Reward Points per ₹100 on shopping, dining and travel — 1.25% at AU's ₹0.25 rate — and 2 points per ₹100 (0.5%) on other retail spends. Insurance, utility and telecom earn 1 point per ₹100.
How do I waive the AU Ananta annual fee? ₹3,00,000 of retail spends in the previous card anniversary year — 150 times the ₹2,000 fee, and among the highest fee-to-threshold ratios in AU's range.
What is an AU Reward Point worth? ₹0.25 when redeemed through AU Rewardz, and ₹0.20 if redeemed against gift cards, vouchers or e-vouchers. Both rates are published by AU. Points are valid for 24 months from the date they are earned.
Is there a fee to redeem AU reward points? Yes — ₹99 plus GST on every successful redemption, on every AU card variant. At ₹0.25 a point that fee is worth 467 Reward Points, so redeeming small balances is rarely worth it.
Does this card earn rewards on fuel? No. Fuel earns no reward points on any AU credit card. Above 50% of your credit limit or ₹50,000 a month, whichever is lower, fuel spending also attracts a 1% fair usage charge.
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