AU LIT Credit Card Review

The AU LIT credit card is issued by Australia and New Zealand Banking Group Limited (ANZ). It is designed for customers who want to earn rewards points on their everyday spending

Feature	Description
Rewards program	Earn points on everyday spending that can be redeemed for flights, hotel stays, merchandise, and more.
Interest rate	Varies depending on card type and creditworthiness. Credit cards typically have higher interest rates than other loans.
Annual fee	Varies depending on card type. Some cards may offer fee waivers or reduced fees for the first year.
Additional benefits	Some cards may offer travel insurance, purchase protection, extended warranty, and other perks.

Remember that using a credit card responsibly is crucial for maintaining good credit and avoiding debt. This includes paying off the balance in full each month, avoiding cash advances and balance transfers, and keeping your credit utilization low to maintain a good credit score.

Thoughts about AU LIT credit card

Lounge access is chargeable but still capped at 4/quarter

Lounge access is one of the chargeable features of the AU LIT credit card. You can buy 1 lounge access at 199+GST or 2 lounge access at 299+GST. Seems fair, but here is a bummer. Visits are capped at 4/quarter. What it means is I cannot buy 2 lounge visits every month (i.e. 24 visits for a year) even if I am willing to pay.

No fuel-surcharge waiver

AU LIT credit card will charge you a fuel surcharge unless you activate this feature for 49/month + taxes. This is very strange. The lamest of the lame credit card out there offers a fuel surcharge waiver. By enabling this feature, you are in a way paying a 1% surcharge for the first ~2,000 spend on fuel. The meagre 1% benefit only accumulates post that.

Feature charges are not available on the website. Only on the app.

Strangely, the feature charges are not available on the website anywhere. They are only available in the app. So, if one has to do the cost-benefit analysis of the AU LIT credit card, one needs to download the app and give a host of permissions to the bank.