IDFC WoW! VS AU NOMO Credit Card

In today’s busy world, choosing the right credit card that helps manage expenses and has good features and rewards can be crucial. Two credit cards that are gaining popularity are the IDFC FIRST WoW Credit Card and the AU NOMO Credit Card. The IDFC FIRST WoW Credit Card, offered by IDFC Bank, is an excellent choice for shoppers who enjoy earning rewards on their purchases. It comes with various bonuses and benefits, the main one being a lifetime free card. You can enjoy special discounts on movie tickets and travel perks, making it an excellent option to consider.

On the other hand, the AU NOMO Credit Card is the first secured credit card offered by AU Bank, which requires a minimum fixed deposit but does not require any renewal fees. This card offers rewards on retail purchases and utility payments from your first transaction, and it also provides travel benefits and a low foreign currency markup fee. This makes it an ideal choice for people who want to earn rewards while spending money, both domestically and internationally.

These cards have unique features and benefits that suit different lifestyles and spending habits. Whether you like to shop frequently, enjoy watching movies, or travel, understanding the features of these credit cards can help you choose the one that best aligns with your financial goals and lifestyle preferences.

IDFC FIRST WoW! Credit Card

IDFC Bank issued the FIRST WoW credit card backed with a fixed deposit which is best suited for shopping. The joining and renewal fee is zero, making it a lifetime-free credit card. On every eligible spend, you’ll earn 4X reward points, and on utility and insurance spends, you’ll earn 1 reward point. The reward points can be redeemed for gift vouchers or used to pay online or in-store purchases.

Through the WoW card, there is a 50% discount up to Rs. 300 on movie tickets through BookMyShow. The zero Forex markup fee on this card makes it appealing to frequent international travelers. This card also provides insurance benefits for personal accidents, card liability coverage, etc., and a 1% fuel surcharge waiver capped at Rs. 200 per month at every fuel station across India. This credit card provides other benefits like roadside assistance, never-expiring reward points, etc. The features and benefits of the IDFC Bank FIRST WoW Credit Card are as follows:

• There are no joining or renewal fees.
• This card had unlimited reward points that never expire.
• You’ll get a 50% discount up to Rs. 300 on movie tickets vis BookMyShow.
• Insurance benefits like personal accident, card liability cover, etc., are provided with this card.
• There is no foreign currency markup fee with this card.

AU NOMO Credit Card

The AU NOMO is the first secured credit card launched by the AU Bank backed by a fixed deposit. This card has a one-time joining fee of Rs. 199 plus taxes with no renewal fee. To own a NOMO credit card, users need to pay Rs. 20,000 as a minimum fixed deposit. The welcome benefit of this card is 500 reward points, which will be credited only if you make a transaction within 30 days of card issuance. On spending Rs. 100 on retail purchases, you’ll earn 2 reward points, and on spending Rs. 100 on utility and insurance, you’ll earn 1 reward point, which can be redeemed at AU Rewardz.

This card also offers travel benefits such as two complimentary railway lounge access every quarter and, after spending Rs. 30,000 in the previous quarter, two domestic airport lounge access each quarter. This card also has a low foreign currency markup of 0.99%, making the NOMO card attractive for international travelers. A 1% fuel surcharge waiver for transactions between Rs. 400 and Rs. 5,000 at all fuel stations capped at Rs 100 every statement cycle. The features and benefits of AU NOMO Credit Card are as follows:

• This card has a one-time joining fee of Rs. 199.
• 2 complimentary railway lounge access is provided with this card every quarter.
• 2 complimentary domestic airport lounge access is also offered each quarter after spending Rs. 30,000 in the previous quarter.
• A low foreign currency markup of 0.99% is charged on international transactions.
• Spending Rs. 25,000 per quarter earns 500 reward points, and paying Rs. 50,000 every quarter earns an additional 500 reward points as a milestone benefit.

Comparison Between IDFC FIRST WoW and AU NOMO Credit Card

Features	IDFC FIRST WoW! Credit Card	AU NOMO Credit Card
Joining Fees	NIL	Rs. 199 + GST
Renewal Fees	NIL	N/A
Reward Rate	Earn 4 RP on every Rs. 150 spent	Earn 2 RP on every Rs. 100 spent on retail Earn 1 RP on every Rs. 100 spent on Utility and Insurance
Reward Redemption	1 RP = Rs. 0.25 RP can be used to pay for online or in-store purchases instantly	1 RP =  Rs. 0.25
Welcome Benefits	N/A	500 Reward Points on the first transaction within 30 days of card issuance
Movie/Dining	50% off up to Rs. 300 on movie tickets via BookMyShow	N/A
Travel Benefits	N/A	2 complimentary railway lounge visits every quarter 2 complimentary airport lounge visits each quarter, spending Rs. 30,000 in the previous quarter.
Foreign Currency Markup	Zero	0.99%

Bottom Line

If you are trying to decide between the IDFC FIRST WoW and AU NOMO Credit Cards, it’s crucial to consider which suits your needs better. If you are looking for a card with no annual fee for life, and you want to earn generous rewards on shopping while getting a waiver on foreign currency exchange charges, the IDFC FIRST WoW card is the one for you. On the other hand, if you don’t mind paying a minimal fee, value travel perks, and an excellent reward system for your retail and utility expenses, then the AU NOMO Credit Card is the better option. Both cards offer unique benefits tailored to different lifestyles, so it’s essential to consider your spending habits and preferences before deciding.