AU Small Finance Bank Launches Lifetime-Free AU Zaggle RuPay Card With Up to 8% Rewards
A new co-branded card built for UPI and Tap & Pay users with no joining or annual fee.
AU Small Finance Bank has teamed up with fintech Zaggle to roll out the AU Zaggle RuPay Credit Card, a lifetime-free card aimed squarely at everyday digital spenders. Because it runs on the RuPay network, the card can be linked to UPI, letting you scan-and-pay straight from your credit line and earn rewards while doing it.
Rewards come as “Zagg Coins,” which can be redeemed as cashback through the zagg.money app. Each Zagg Coin is worth ₹0.25.
Key details
- No joining fee, no annual fee the card is lifetime free.
- 4% Zagg Coins on UPI spends made through the zagg.money app; this rises to 8% in any statement cycle where your total spends cross ₹10,000.
- 2% Zagg Coins on UPI spends made through other apps.
- Up to 8% on Tap & Pay (contactless) transactions and up to 4% on eligible e-commerce spends.
- Only transactions of ₹500 or more earn rewards.
- Rewards are capped at 2,000 Zagg Coins per statement cycle a maximum of ₹500 in value per month.
- No lounge access or other lifestyle perks.
What it means for you
The headline “up to 8%” is eye-catching, but read the fine print: the top rate only kicks in once you cross ₹10,000 of spends in a cycle, and the ₹500 monthly cap limits how much you can actually earn. Treat this as a high-return “top-up” card for routine UPI and contactless payments rather than a primary card and since it costs nothing to hold, there is little downside to adding it to your wallet.
Bottom line: a genuinely useful lifetime-free option for heavy UPI users, as long as you treat the 8% as a capped bonus, not an unlimited one.
