Balanced value2.4
au / VISA
CheQ AU (LED card)
Annual
₹999
Return
1%
Lounges
2
Forex
3.49%
Card summary
- CheQ AU (LED card) leans reward-led with ₹999 annual fee, 1% headline return potential, and 2 lounge access.
Pros
- Strong benefit ceiling if you recover the ₹999 annual fee.
- 1% cashback keeps value easy to understand.
- 2 lounge access adds travel utility.
Cons
- 3.49% forex markup can reduce overseas value.
- Eligibility still depends on bank policy and credit history.
- Travel benefits are limited compared with premium cards.
Best for
Everyday users who prefer steady rewards, manageable fees, and simple eligibility.
Value profile
Balanced fee-to-benefit setup for regular card users.
