AU Bank Launches LIT Credit Card for Customizable Benefits

AU Bank Redefines Credit Card Experience with the LIT Card Launch

AU Small Finance Bank, one of India’s fastest-growing financial institutions, has launched its LIT Credit Card, a unique offering that puts customization and control in the hands of cardholders.

Standing for “Live It Today”, the LIT Credit Card breaks away from the traditional “one-size-fits-all” model. Instead, it allows users to choose benefits, set durations, and pay only for what they actually use.

This digital-first innovation is designed for millennials and Gen Z users who value flexibility, transparency, and instant control over their finances.

A Credit Card Built for the New Generation

The Indian credit card market has evolved rapidly in recent years, with younger consumers expecting more personalization and digital convenience. AU Bank’s LIT Credit Card is a direct response to this shift.

Unlike conventional cards that come with pre-packaged rewards and annual fees, LIT offers a modular benefits structure — where users can turn features on or off in real-time through the AU 0101 mobile app.

From choosing cashback categories to activating lounge access or reward multipliers, every feature is under the user’s control.

Key Features of the AU Bank LIT Credit Card

1. Fully Customizable Benefits

The highlight of the LIT Credit Card is the ability to personalize benefits based on lifestyle preferences.

Users can select from multiple options such as:

  • Cashback on online spends (up to 5%)
  • Reward point multipliers on shopping, dining, or travel
  • Airport lounge access
  • Fuel surcharge waivers
  • Milestone-based bonuses

Once selected, users can activate a benefit for a fixed time period — typically 30 days — and pay a small activation fee only for that period.

For instance, if a user activates the “5% cashback on dining” benefit for a month, the fee is charged only for that period. After expiry, it can be renewed or changed instantly.

2. Digital-First Experience

The AU LIT Credit Card is entirely managed through the AU 0101 app, allowing users to:

  • Track spends in real time
  • Enable or disable benefits
  • Adjust spending limits
  • Lock/unlock the card instantly for security
  • View all active benefits and their validity

This approach gives complete transparency and flexibility, eliminating the confusion often associated with hidden fees or complicated reward structures.

3. No Annual or Renewal Fee

Another attractive feature is the zero annual and renewal fee policy.

Since users pay only for the benefits they activate, there’s no need for a fixed yearly charge. This makes the LIT Card an excellent choice for students, young professionals, and first-time credit card users.

4. Reward Points and Cashback Flexibility

Depending on the benefits selected, users can earn:

  • Up to 5% cashback on online transactions
  • 5X reward points on travel or shopping spends
  • Bonus reward points on achieving spending milestones

Rewards are automatically credited and can be redeemed through AU Bank’s online portal or mobile app for vouchers, travel bookings, or statement credits.

5. Airport Lounge Access

LIT offers complimentary domestic airport lounge access based on activation.

  • Users can enable 2–4 lounge visits per quarter.
  • Each activation lasts for 30–90 days, depending on the user’s selection.

This flexible model is ideal for occasional travelers who want lounge benefits only during their travel months, avoiding the cost of year-round premium cards.

6. Fuel and EMI Benefits

  • 1% fuel surcharge waiver across all petrol pumps in India (on transactions between ₹400 and ₹5,000).
  • Option to convert high-value purchases into EMIs directly through the AU 0101 app, with minimal processing fees.

A Pay-for-What-You-Use Model

AU Bank’s LIT Credit Card follows a subscription-style model.

Traditional credit cards often include fixed perks — many of which users never fully utilize. With LIT, customers activate benefits only when needed, keeping costs low and rewards relevant.

For example:

  • During festive months, a user can activate 5% cashback on shopping.
  • Before travel, they can switch to lounge access and travel rewards.
  • On regular months, they can deactivate extras and use only basic features.

This system makes the card highly efficient, ensuring that users never pay for unused privileges.

How It Works: Step-by-Step

  1. Apply Online: Users can apply for the AU LIT Credit Card through AU Bank’s website or the AU 0101 app.
  2. Instant Approval: Eligible customers receive quick approval and a virtual card for immediate use.
  3. Choose Benefits: Open the app, go to the “LIT Benefits” section, and select the desired perks.
  4. Activate & Pay: Pay a small activation fee for the chosen benefits (e.g., ₹49–₹199, depending on the feature).
  5. Use and Track: All spends, rewards, and benefits are visible in real time on the app.
  6. Renew or Switch: When a benefit expires, users can renew or replace it instantly.

Target Audience: Young, Digital, and Value-Driven

The LIT Credit Card primarily targets:

  • Millennials and Gen Z users who prefer digital control.
  • First-time credit card users who want to learn responsible spending.
  • Professionals who travel occasionally and don’t need premium annual-fee cards.
  • Freelancers and entrepreneurs seeking flexible, short-term benefits.

This demographic prefers instant decisions, transparent charges, and app-based management — all of which LIT provides.

Why the LIT Card Stands Out

  1. Personalization: No other Indian card offers such deep benefit customization.
  2. No Hidden Charges: Total control over fees and activations.
  3. Zero Annual Cost: Pay only when you use it.
  4. Real-Time App Management: 24/7 visibility and flexibility.
  5. Smart Rewards: Earn meaningful cashback without high spending thresholds.

This innovation puts AU Bank ahead in India’s evolving credit card landscape, where personalization and flexibility are becoming the key differentiators.

Industry Experts’ Take

Financial consultant Neha Deshmukh explains,

“AU Bank’s LIT Credit Card is a game-changer because it shifts power to the user. Traditional cards offer rewards you might never use. With LIT, you pay only for what benefits you need — it’s a modern, digital approach that perfectly fits the current generation’s mindset.”

She adds,

“It’s especially great for those who don’t want to commit to premium cards but still want the occasional travel or shopping perk. The flexibility is unmatched.”

Comparison with Other Popular Credit Cards

Feature AU LIT Credit Card HDFC Millennia Card Axis Neo Credit Card

Annual Fee

₹0

₹1,000

₹250

Customizable Benefits

Yes

No

No

Cashback

Up to 5%

5% online

2%

Lounge Access

Optional (on activation)

4 per year

None

Fuel Surcharge Waiver

1%

1%

1%

Ideal For

Custom users

Online shoppers

Beginners

This table highlights how LIT’s modular structure provides unmatched flexibility compared to static reward systems offered by traditional cards.

Digital Onboarding and Security Features

The AU LIT Credit Card offers a 100% paperless onboarding experience.

Once approved, users receive a virtual card instantly, usable for online purchases and mobile wallets.

Key security features include:

  • Instant card locking/unlocking.
  • Real-time spend tracking.
  • AI-powered fraud detection.
  • Dynamic OTP verification for every online transaction.

The focus on digital transparency and security makes the LIT card particularly appealing in an age of increasing online transactions.

Market Impact and Future Outlook

With the LIT Credit Card, AU Small Finance Bank has entered a niche segment that focuses on personalization through digital innovation.

While traditional players like HDFC and ICICI continue to dominate, AU Bank’s strategy is to attract the younger demographic that values simplicity and app-driven customization.

This could set a precedent for other banks to adopt modular benefit structures, much like subscription models in entertainment and e-commerce.

As consumer preferences continue shifting toward flexibility, AU Bank’s LIT could pave the way for the next generation of smart, self-managed credit cards.

Who Should Get the AU Bank LIT Credit Card

You should consider the LIT card if:

  • You prefer complete control over your card benefits.
  • You don’t want to pay annual or renewal fees.
  • You enjoy digital-first experiences and real-time management.
  • You travel or shop occasionally and want to activate perks only when needed.

For instance, a frequent online shopper might activate 5% cashback during festive seasons, while a business traveler might activate lounge access before trips — maximizing savings without wasting money.

Final Thoughts

The AU Bank LIT Credit Card is more than just a financial product — it’s a glimpse into the future of credit card innovation in India.

With its customizable features, zero fixed costs, and digital-first interface, it redefines how users interact with their credit cards. By offering freedom, transparency, and control, AU Bank has successfully built a product that resonates with today’s smart, tech-savvy, and value-driven consumers.

As credit card users increasingly look for personalized and flexible options, the LIT Card’s “pay for what you use” philosophy stands out as a refreshing alternative — making it one of the most progressive credit card launches in the Indian market today.