Home / News

Finance

  • 20

AU Small Finance Bank launches industry’s first customisable Credit Card, LIT

AU Small Finance Bank launches industry’s first customisable Credit Card, LIT

   The LIT (Live It Today) Credit Card allows cardholders to customise their choice of credit card features as per their ever-changing lifestyle requirements instead of predefined features

·Introduces Pay-Per-Feature and freedom to Switch On/Off any feature to avail  customized benefits across Travel, Entertainment, Shopping, Fuel and Dinning -all on one card.

 

Mumbai, 22nd June 2022: Staying true to its mission of Badlaav, AU Small Finance Bank today launched an innovative Credit Card product that brings a revolutionary change in the credit card landscape. The AU Bank LIT (Live-It-Today) Credit Card, by the largest small finance bank and one of the fastest-growing retail banks in India, offers a unique value proposition to cardholders – to choose the features they want and for the time period they want.

 

While credit card companies offer attractive products in different categories, it is often difficult for customers to find the combination of all such features in one single card. This forces them to opt for multiple credit cards offering specific category rewards like Travel card for maximising travel related spends or co-branded cards for shopping on specific e-commerce sites. With the LIT Credit Card, the Bank has put the power to choose these features in the hands of the customers – all categories in one card. Further, they also get the freedom to switch on or off these features as per their changing lifestyle requirements.

 

LIT credit card provides a higher degree of engagement to customers, through the AU0101 app as they can track their saving/earnings daily to maximize their benefits. Most importantly, the card hosts multiple benefits and customers can activate any feature on-the-go in real time for a small convenience fee. LIT provides the cardholder a complete control on its offers and fee that they pay for those offers in a clear, transparent manner and saves the cardholders multitudes of annual/renewal fee for benefits they don’t use. Cardholders can avail the best of both Cashbacks and Reward Points, using the features that are offered. The default validity period for each feature is 90 days.

 

LIT Credit Card offers five categories of features, namely:

  • Lounge Access: Wherein customers can opt for one or two lounge access per quarter
  • Milestone Benefits: By which, one can get more reward points or cashbacks
  • OTT & Lifestyle Memberships: Wherein they can get free membership to various platforms and services
  • Accelerated Rewards (Online/Offline): Customers can get higher reward points for online and POS transactions
  • Other Features: Including fuel surcharge waiver, cashback on grocery, and much more

 

“At AU Bank, we have always believed in challenging the status quo by leveraging technology and innovation to bring the change that the banking industry needs. Last year, we became the first Small Finance Bank to start a Credit Card portfolio to empower our customers. Soon, we observed that the digitally-savvy and GenZ consumers needed more control over the products they use. This led to the evolution of the customizable LIT Credit Card which brings the features of many credit cards into a single card. We will continue to launch many such innovative products and remain true to our mission of being the change agent through our mission, Badlaav Humse Hai,” said Mr. Sanjay Agarwal, MD & CEO, AU Small Finance Bank.

 

While AU Bank already has a bouquet of card services, the addition of the LIT Credit Card will help it cater to the evolving needs of a digital-savvy generation of informed users. AU Bank launched their first range of credit cards last year. Since then, the Bank has successfully enrolled more than 2.3 Lakh credit cards customers from over 200 districts of Tier 2 and Tier 3 cities, majority of whom are first time credit card users.

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli Chinese

MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli Chinese

Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India

New D

STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSC

STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSC

Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-

India Employment Report pitches for policy to promote jobs

India Employment Report pitches for policy to promote jobs

·       Technopark-based Lifology holds conversation on IER 2024

Thiru

oral anastrozole 1mg oral arimidex anastrozole tablet

biaxin oral meclizine us antivert 25mg cost

naproxen 500mg generic prevacid over the counter buy prevacid without prescription

tiotropium bromide cost order hytrin 5mg generic hytrin 1mg oral

buy proventil online cheap pantoprazole order ciprofloxacin generic

cost pioglitazone 30mg sildenafil pharmacy sildenafil on line

singulair online buy order singulair sildenafil overnight delivery

buy generic tadalafil 5mg Generic cialis sale casino near me

purchase cialis pills ed remedies order cialis 20mg without prescription

casino games poker online best online slot machines

ivermectin topical buy stromectol 6mg generic avlosulfon over the counter

online slots real money usa poker online free slot game

best casino online casino online games academic writing is

order nifedipine 10mg online cheap buy allegra fexofenadine 180mg brand

altace brand altace canada buy arcoxia 120mg pills

dissertation writers online purchase leflunomide for sale buy azulfidine 500mg without prescription

buy doxycycline order generic albuterol cleocin 150mg tablet

order olmesartan generic divalproex 500mg cheap order divalproex 250mg generic

mesalamine buy online buy avapro without prescription buy irbesartan 300mg online

oral diamox 250mg isosorbide pills generic imuran 25mg