The Axis Bank Vistara Signature Credit Card is a co-branded credit card offered by Axis Bank in partnership with Vistara, the full-service airline of Tata Sons and Singapore Airlines. This premium credit card is designed to cater to the needs of frequent travelers and offers a range of benefits and privileges.
Key Features
1. Welcome Benefits: Enjoy complimentary Vistara Silver Membership and a Welcome Bonus of up to 15,000 Club Vistara (CV) Points on your first card swipe.
2. Club Vistara Points: Earn Club Vistara Points on all your spends, including accelerated earning on Vistara flights, online shopping, and dining transactions.
3. Complimentary Lounge Access: Get access to domestic and international airport lounges through the Priority Pass Program. Enjoy up to 6 complimentary lounge visits per year.
4. Premium Concierge Services: Access premium concierge services for travel assistance, hotel reservations, dining recommendations, and more.
5. Complimentary Air Vouchers: Receive complimentary Premium Economy and Economy Class air vouchers on achieving specified spend milestones.
6. Discounts on Vistara Flights: Enjoy discounts on Vistara flight bookings made through the Vistara website or mobile app using the promo code “ATVISTARA.”
7. Milestone Benefits: Earn bonus CV Points on achieving spend milestones and get an e-gift voucher worth Rs. 3,000 from FabIndia on reaching annual spends of Rs. 4 lakhs.
8. Fuel Surcharge Waiver: Enjoy a fuel surcharge waiver at all fuel stations in India on transactions between Rs. 400 and Rs. 4,000.
Benefits of Axis Bank Vistara Signature Credit Card
1. After the first billing cycle and fee payment, primary cardholders of the Axis Bank Vistara Credit Card are eligible to receive one-way base fare waived ticket vouchers within ten working days of the statement’s due date.
2. The ticket vouchers earned through milestone spends are based on the net cumulative spend transactions during the card membership year, excluding any reversals, cancellations, refunds, fees, or financial charges.
3. The voucher entitles the cardholder to a waiver of the base fare component for one-way travel on Vistara’s domestic network. Each voucher is valid for a single flight between two points.
4. The cardholder is responsible for paying other charges such as taxes, surcharges, and applicable levies at the time of booking. These charges must be paid using the Axis Bank Vistara Credit Card.
5. The voucher can be transferred voluntarily to nominees listed in the cardholder’s Club Vistara Account.
6. Once eligible, the voucher will be credited to the cardholder’s Club Vistara account as an “On Demand voucher.”
7. The cardholder will receive an email notification regarding voucher eligibility at their registered email address in the Club Vistara account.
8. Cardholders have a period of 6 months from becoming eligible to issue the voucher in their Club Vistara account. Once issued, the voucher will be visible under the “My Vouchers” section and will be valid for 3 months from the date of issuance.
9. The “On Demand Voucher” can only be availed through the Vistara website, as this feature is not available on the mobile app. Cardholders can follow the steps provided in their Club Vistara account to issue the voucher.
10. Once the voucher is issued, it cannot be reversed or cancelled.
Eligibility
To be eligible for the Axis Bank Vistara Signature Credit Card, applicants must meet certain criteria. Here is the rephrased information:
Eligibility criteria for the Axis Bank Vistara Signature Credit Card:
1. Age Limit: The primary cardholder should be between 18 and 70 years of age.
2. Minimum Income: The applicant should have a minimum net income of INR 6,00,000 per annum.
3. Residency: The applicant should be a resident of India.
Please note that the above eligibility criteria are indicative, and the approval of the application is at the sole discretion of the Bank.
Documents Required:
Applicants need to submit the following documents:
1. PAN Card photocopy or Form 60.
2. Proof of Income: Latest payslip, Form 16, or IT return.
3. Residence Proof (any one of the following):
– Passport
– Driving License
– Ration Card
– Electricity bill
– Landline telephone bill
Please note that the list of required documents is indicative, and the actual documents required may vary on a case-to-case basis.
Fees and Charges
Here are the fees and charges associated with the Axis Bank Vistara Credit Card:
Vistara Card:
- Standard Joining Fee: Rs. 1,500
- Standard Annual Fee (2nd year onwards): Rs. 1,500
- Standard Add-on Card Joining Fee: Nil
- Standard Add-on Card Annual Fee: Nil
- Finance Charges (Retail Purchases & Cash): 3.6% per month (52.86% per annum)
- Cash Withdrawal Fees: 2.5% (Min. INR 500) of the Cash Amount
- Fee for Cash Payment: Rs. 100/-
- Card Replacement: Nil
- Duplicate Statement Fee: Waived
- Overdue Penalty or Late Payment Fee:
- Nil if Total Payment Due is less than Rs. 500
- Rs. 500 if total payment due is between Rs. 501 – Rs. 5,000
- Rs. 750 if total payment due is between Rs. 5,001 – Rs. 10,000
- Rs. 1200 if total payment due is greater than Rs. 10,000
- Over Limit Penalty: 2.5% of the over limit amount (Min. Rs. 500)
- Chargeslip Retrieval Fee or Copy Request Fee: Waived
- Outstation Cheque Fee: Waived
- Cheque return or dishonour Fee or Auto-debit Reversal: 2% of the payment amount subject to Min. Rs. 450, Max. Rs. 1,512
- Surcharge on purchase or cancellation of Railway Tickets: As prescribed by IRCTC/Indian Railways
- Fuel Transaction Surcharge: 1% of transaction amount
- Foreign Currency Transaction Fee: 3.50% of the transaction value
- Mobile Alerts for Transactions: Waived
- Hotlisting Charges: Waived
- Balance Enquiry Charges: Waived
- Reward Redemption fee: No
- Rent Transaction Fee (Applicable from 5th March 2023): 1% capped at INR 1,500 per transaction on rental transactions
- Dynamic Currency Conversion markup (Applicable from 5th March 2023): 1% on international transaction performed in Indian currency at international location or transactions performed in Indian currency with merchants located in Indian but registered in foreign nation
Vistara Signature:
- Standard Joining Fee: Rs. 3,000
- Standard Annual Fee (2nd year onwards): Rs. 3,000
- All other fees and charges remain the same as the Vistara Card.
Vistara Infinite:
- – Standard Joining Fee: Rs. 10,000
- Standard Annual Fee (2nd year onwards): Rs. 10,000
- All other fees and charges remain the same as the Vistara Card.
Please note that these fees and charges are subject to change, and it’s always advisable to refer to the official information provided by Axis Bank for the most up-to-date details.
Frequently Asked Questions (FAQs) about Axis Bank Vistara Credit Card:
1. How can I apply for an Axis Bank Vistara Credit Card?
You can apply for an Axis Bank Vistara Credit Card online through the Axis Bank website or by visiting the nearest Axis Bank branch.
2. What is the eligibility criteria for the Axis Bank Vistara Credit Card?
The eligibility criteria include being a resident of India, aged between 18 and 70 years, with a minimum net income of INR 6,00,000 per annum. Other documents may be required as per the bank’s discretion.
3. What are the benefits of the Vistara Credit Card?
The Vistara Credit Card offers various benefits, including base fare waived ticket vouchers, milestone spends benefits, airport lounge access, bonus Club Vistara points, discounts on flight bookings, and more. The specific benefits vary based on the card variant.
4. Are there any annual fees or joining fees for the Vistara Credit Card?
Yes, the Vistara Credit Card has standard joining fees and annual fees based on the card variant. The fees are subject to change, and it is advisable to check the latest fees structure before applying.
5. Can I get an add-on card for my family members?
Yes, you can get add-on cards for your family members. The add-on card does not have any joining fee or annual fee.
Conclusion:
The Axis Bank Vistara Credit Card is a beneficial option for frequent travelers, offering a range of privileges and rewards. With features like ticket vouchers, airport lounge access, and milestone benefits, cardholders can enjoy a seamless travel experience. It’s important to review the specific terms and conditions, fees, and eligibility criteria associated with the card before applying.
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