In a surprising turn of events, AU Bank has partnered with Paytm to launch a new co-branded credit card. This marks another collaboration for Paytm after it previously offered co-branded credit cards with HDFC Bank and SBI Card. The new Paytm AU Credit Card focuses on rewarding everyday UPI payments made through the Paytm app while also offering enhanced rewards on Paytm services.
Along with rewards on UPI transactions, the card also comes with travel benefits, Paytm Gold redemption, and fuel surcharge waiver, making it another option for users who frequently use the Paytm ecosystem.
Key Features of the Paytm AU Credit Card
This card comes at zero joining and annual charges.
- Earn up to 2% rewards on Paytm Scan & Pay (UPI) transactions.
- Get 5% rewards on purchases made through Paytm Travel and Paytm Gold.
- Get up to 12 complimentary domestic airport lounge visits every year by booking eligible round-trip flight tickets worth at least ₹5,000 through Paytm Travel on the Paytm app. Lounge access is provided via a Lounge QR, which can be generated after a successful booking. A maximum of 4 lounge visits can be redeemed per booking.
- Redeem reward points for Paytm Gold at an enhanced value.
- Enjoy a 1% fuel surcharge waiver at fuel stations across India.
Bottom Line
With the launch of the Paytm AU Credit Card, AU Bank has added another co-branded offering to its growing credit card portfolio. The card primarily targets Paytm users by rewarding UPI payments and Paytm spends while also offering lounge access and fuel benefits.