All cards / AU Small Finance Bank
AU Small Finance Bank
CheQ AU Credit Card
RuPay
CheQ AU Credit Card
India's first LED tap-to-pay credit card is a genuine gimmick, but the up-to-12% rewards on e-commerce and bill payments (capped low) plus 2.5% on RuPay UPI spend make it a legitimately strong pick for young, digital-first spenders — as long as you're comfortable earning in CheQ's own points ecosystem.
Rates and fees last verified 15 July 2026.
Annual fee
₹499
Joining fee
₹499
Reward type
cashback
Base reward rate
1%
Card network
RuPay
Card tier
Entry
Benefits by category
- 🛍️ Shopping
12% reward rate (capped ₹5,000/monthly)
- 🧾 Utilities
12% reward rate (capped ₹5,000/monthly)
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 650
- Minimum monthly income: ₹15,000
- Employment: salaried, self-employed
- Age: 21–60
Benefits
- Battery-free LED indicator lights up on tap-to-pay transactions, powered by the POS terminal's NFC field
- Complimentary EazyDiner membership
- CheQ Points redeemable in-app for gift cards, travel bookings, and bill payments
Pros
- + High headline reward rates on e-commerce, bills, and UPI spend
- + Novel LED tap-to-pay feature
- + Reasonable ₹499 fee with a spend-based waiver
Cons
- − High reward rates are capped at a low monthly spend threshold
- − CheQ Points are redeemable only within the CheQ app ecosystem
- − LED gimmick has no functional benefit