AU Bank LIT vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
EXPRESS
AU Bank LIT wins 4-3. Pick-your-own-categories, toggle 5x on the categories you spend in. IndusInd Iconia Amex is still the right call if mid-premium amex with annual-fee waiver from year 2..
Side-by-side
| Criterion | AU Bank LIT | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | = No annual fee | = No annual fee |
| Joining fee | None | · ₹3,500 |
| Top reward rate | · 1% (general) | 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = Customizable category boosts at sign-up | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · N/A (no fee) | N/A (no fee) |
| Min income | ₹360,000 | · ₹600,000 |
| Min credit score | 720 | · 770 |
| Editorial rating | 4.4/5 | · 4.2/5 |
Benefits compared
AU Bank LIT
- Customize 1 of 8 spend categories at any time
- 5x reward points on chosen category
- 1% fuel surcharge waiver
- 4 free domestic lounge visits/year
- No annual fee, ever
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›AU Bank LIT vs IndusInd Iconia Amex: which is better?
AU Bank LIT wins on more dimensions (4 vs 3). But the right answer depends on your specific spending pattern. Run your own monthly spend through the maximizer to see which one pays you more.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use AU Bank LIT for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
AU Bank LIT: Customizable category boosts at sign-up. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.