You can make payments easily with your credit card when travelling abroad, and it saves us from converting currency and carrying a lot of cash around. Most card issuers, however, charge a forex markup fee, and recently, 20% TCS is also charged on international transactions with your credit card.

AU Bank has launched a great offer for customers where they can earn up to Rs. 1947 cashback on making international spends of at least Rs. 1.7 Lakhs during the offer period. Transactions done on both the primary and add-on credit cards are considered towards the offer.

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Read on to know more about the offer in detail, and other terms and conditions related to it.

AU Bank Offer Details

The offer period runs from 1st August 2023 to 31st August 2023 during which all retail AU credit cardholders can earn a cashback of Rs. 1947 on making minimum spends of Rs. 1.7 Lakhs on international transactions.

There is no minimum purchase restriction but the cardholder must comply with the FEMA Act of 1999 and make transactions within the $250000 LRS limit. You just have to use your AU Bank credit card during the offer period, and you can claim the benefit.

Offer Eligibility Requirements

The following are the eligibility requirements for the cashback offer –

  • The cashback offer on international spends is for AU Bank Retail credit cardholders only. Corporate cardholders are not eligible for the offer.
  • All international transactions made with your card during the offer period are eligible for the offer.
  • DCC transactions, i.e., transactions made at a foreign merchant in Indian currency, are eligible for the offer.
  • Transactions made by the add-on cardholders are also eligible for the offer.

Offer Terms and Conditions

The following are the terms and conditions associated with the cashback offer –

  • The cashback earned through the offer will be posted within 60 days of the offer closure date to the cardholder’s account.
  • The transactions considered towards the eligibility of the offer will not include any disputed spends, reversed transactions, or credits during the offer period.
  • The offer is on top of the other features on your AU Bank credit card.
  • Void transactions won’t be considered valid for the offer.
  • If a credit cardholder cease being a cardmember during the offer period, then the offer will not stand anymore.
  • The AU Bank has the right to exclude or disqualify any merchant or cardholder on identification of any fraudulent activity through the use of the card.
  • The bank has the right to delete or modify the offer terms and conditions any time.

Bottom Line

If you are an AU Bank credit cardholder and you plan on making a foreign trip soon, then this exclusive cashback offer is perfect for you. You can earn Rs. 1947 on making minimum international spends of Rs. 1.7 Lakhs during the offer period, 1st August 2023 to 31st August 2023.

The cashback will offer some relief from the TCS charged by the Government and the forex markup fee charged by card issuers. Make sure to go through the terms and conditions of the offer carefully, and make spends within the LRS limit of $250,000.

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