Head-to-head · 🇮🇳 India
IndusInd Iconia Amex vs AU Bank LIT
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 3 of 10
IN
AU Small Finance Bank
AU Bank LIT
VISA
Wins 5 of 10
Verdict
AU Bank LIT wins 5-3. India's first customizable card — choose your perks each month. IndusInd Iconia Amex is still the right call if mid-premium amex with annual-fee waiver from year 2..
Side-by-side
| Criterion | IndusInd Iconia Amex | AU Bank LIT |
|---|---|---|
| Annual fee | = No annual fee | = No annual fee |
| Joining fee | · ₹3,500 | None |
| Top reward rate | 5% (shopping) | · 1% (general) |
| Base reward rate | 1.5% | · 1% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = 4,000 reward points + Yatra voucher | = Customizable card features (toggle benefits on/off) |
| Fee waiver threshold | N/A (no fee) | · N/A (no fee) |
| Min income | · ₹600,000 | ₹300,000 |
| Min credit score | · 770 | 730 |
| Editorial rating | · 4.2/5 | 4.3/5 |
Benefits compared
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
AU Bank LIT
- Toggle between 4 benefit packs each month (cashback / travel / shopping / dining)
- 5x rewards on chosen category
- Lifetime free
- 4 domestic lounge visits/quarter
- 1% fuel surcharge waiver
FAQ
›IndusInd Iconia Amex vs AU Bank LIT: which is better?
AU Bank LIT wins on more dimensions (5 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use IndusInd Iconia Amex for its best categories, AU Bank LIT for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
IndusInd Iconia Amex: 4,000 reward points + Yatra voucher. AU Bank LIT: Customizable card features (toggle benefits on/off).