AU Zenith
PremiumAU Small Finance Bank
Where it ranks Ā· across all 71 cards
Devaluation history
- 2026-04-10 - Repriced/devalued between Nov 2025 and Feb 2026: fee ā¹4,999āā¹7,999, waiver ā¹8Lāā¹5L, lounge gated ā¹50k/quarter and cut to 2/quarter each. Earn table verified via Jul 2026 archive of the bank page (live page bot-walled) - keep tracker until a live confirm.
What a point is worth
Earning 3 pts / ā¹100, the same point pays very differently by redemption path:
| Redemption path | Per point | Effective on spends |
|---|---|---|
| Partner transfersbest: Air India Maharaja Club at 6:1 (ceiling 0.9%) | ā¹0.10-ā¹0.30 | 0.30% |
Rankings across KaunsaCard use a single conservative value (ā¹0.25/pt = 0.75%); transfer ceilings assume premium-cabin awards and are never used to rank.
Reward rules
Points valued at ā¹0.25/pt - conservative, what rankings use Ā· transfers reach up to ā¹0.30/pt via Air India Maharaja Club at 6:1
Base rate - everything not covered below
3 pts / ā¹100= 3 pts per ā¹100
0.8-0.9%
value range by redemption
5 RP/ā¹100 on standalone dining, international, grocery & departmental stores
5 pts / ā¹100= 5 pts per ā¹100
1.3-1.5%
value range by redemption
Source: AU Zenith KFS v1.6 + MITC v2.21 (bank PDFs) Ā· 2026-08-22
5 RP/ā¹100 on international spends
5 pts / ā¹100= 5 pts per ā¹100
1.3-1.5%
value range by redemption
Source: AU Zenith KFS v1.6 + MITC v2.21 (bank PDFs) Ā· 2026-08-22
Utilities/insurance/telecom: 1 RP/ā¹100, max 100 RP per transaction
1 pt / ā¹100= 1 pts per ā¹100
0.3-0.3%
value range by redemption
Source: AU Zenith KFS v1.6 + MITC v2.21 (bank PDFs) Ā· 2026-08-22
Milestones
ā¹50,000 / month
1,000 bonus RP each ā¹50k statement cycle
worth ā ā¹250
Transfer partners
AU Rewardz (Zenith) - what 10,000 points become. Full matrix with live amounts on the Transfers page.
| Partner | Ratio | 10,000 pts ā | ā value |
|---|---|---|---|
| Air India Maharaja ClubZenith+ transfers at a better 3:2. CAUTION: the AU page was removed from airindia.com partner list (checked 21 Aug 2026) - confirm the route still exists in AU Rewardz before relying on it. | 6:1 | 1,666 | ā¹1,000-ā¹2,999 |
Single partner (Maharaja Club) via AU Rewardz portal. Note: Air India removed the AU tile from its partner hub (Aug 2026 check) - the partnership may be winding down; verify in AU Rewardz.
Earns nothing on
- ā Rent earns nothing (+1% fee).
- ā Education earns nothing.
- ā Government earns nothing.
- ā Fuel earns nothing (1% surcharge waiver ā¹400-5,000, cap ā¹1,000; 1% fuel FEE from 1 Jul 2026).
- ā Transportation fee-penalized 1% from 14 Jun 2026 (IRCTC exempt); BBPS and quasi-cash excluded.
- ā RP reversed on EMI conversion; 2-year expiry + inactivity forfeiture; ā¹99 redemption fee.