CheQ and AU SFB Launch India’s First Co-branded LED Credit Card
In April 2026, CheQ, a credit management platform, partnered with AU Small Finance Bank (AU SFB) to launch the ‘CheQ AU Credit Card’, India’s first co-branded Light-Emitting Diode (LED)-powered credit card, designed to simplify payments, maximise rewards, and enhance digital payment experiences through a unified rewards ecosystem and innovative tap-to-pay features.
In April 2026, CheQ, a credit management platform, partnered with AU Small Finance Bank (AU SFB) to launch the ‘CheQ AU Credit Card’, India’s first co-branded Light-Emitting Diode (LED)-powered credit card, designed to simplify payments, maximise rewards, and enhance digital payment experiences through a unified rewards ecosystem and innovative tap-to-pay features.
- The card lights up during transactions by drawing power from the Near Field Communication (NFC) field of the Point-of-Sale (POS) terminal, eliminating the need for an internal battery.
About CheQ LED Credit Card:
Network: The card supports dual networks, Visa for global transactions and RuPay for Unified Payments Interface (UPI).
Fee: Annual fee of Rs.499 (waived on Rs 3 lakh spends), additionally, a Rs.999 one-time fee for the LED variant is waived until 31 May 2026 for CheQ customers.
Rewards: Offers a unified CheQ Points system with up to 12% rewards on select platforms, 5% on everyday spends, 2.5% on UPI (RuPay), and 1% on other transactions, redeemable for gift cards, travel, and bill payments, along with a welcome EazyDiner membership worth Rs.695.
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