AU Small Finance Bank launches array of products including Rupay credit card

Current Context: AU Small Finance Bank (AU SFB) has indeed launched an array of new products on 23rd April 2024.

• Here are the key highlights:
• AU SPONT Rupay Credit Card: This card can be seamlessly linked to the user’s preferred UPI-enabled application, facilitating convenient payments using the UPI Scan and Pay feature. It offers 1% cashback on all transaction types (excluding select categories) and COINS rewards for UPI transactions made with the AU 0101 application.
• Secured Credit Card - NOMO (No Missing Out): This is AU SFB’s first secured credit card, backed by a Fixed Deposit (FD). It offers reward points on card usage along with additional benefits such as airport lounge access and fuel surcharge waivers.
• AU 0101 Business App: This app is designed to offer customized solutions for proprietorships and MSMEs.
• ATM Insurance: This is an industry-first innovation that allows customers to buy insurance through AU SFB’s ATMs with their debit card.
• WhatsApp Insurance: This allows customers to get a policy instantly using the WhatsApp platform.

Question:

Q.1 What is the NOMO card?
a. AU SFB’s first unsecured credit card.
b. A credit card that offers no reward points.
c. A debit card that offers reward points.
d. AU SFB’s first secured credit card backed by a Fixed Deposit (FD).