AU Bank Vetta Credit Card is a premium credit card offered by AU Small Finance Bank. This card is designed to cater to the needs of individuals who prefer a luxurious lifestyle and demand exclusive privileges.
With the AU Bank Vetta Credit Card, you can earn reward points when you use the card for grocery spending and utility bill payments. You also earn bonus reward points when you reach milestone spends (as mentioned by the bank). The annual fee of the AU Bank Vetta Credit Card is Rs.2,999. In this article, we will take a closer look at the benefits, features, and eligibility criteria of the AU Bank Vetta Credit Card.
Key Highlights of the AU Bank Vetta Credit Card
These are the key highlights of the AU Bank Vetta Credit Card:
- Get 10 reward points every time you spend Rs.100 on utility bill payments.
- Get a credit shield of up to Rs.2 lakh.
- With the Priority Pass Program, get 1 free airport lounge visit at partner lounges (every calendar quarter).
- One-year Zomato Pro Membership on spends of Rs.50,000 per month.
Features and Benefits of AU Bank Vetta Credit Card
The AU Bank Vetta Credit Card has the following features and benefits:
Welcome benefits:
- Get vouchers worth Rs.2,000 (from partner brands) when you spend Rs.30,000 within the first 60 days of the credit card is set up.
Reward points benefits:
- Earn 10 reward points every time Rs.100 is spent on utility bill payments.
- Get 4 reward points for every Rs.100 spent at grocery and departmental stores.
- Earn 2 reward points when you spend Rs.100 on other merchant categories.
Milestone benefits:
- Get annual Zomato Pro Membership when you spend Rs.50,000 in one calendar month.
- Get vouchers of Rs.1,000 when you spend Rs.2.50 lakh during your credit card’s anniversary year.
- A waiver of the first-year fee, when you spend Rs.40,000 within the first 90 days of the card, is set up.
- Second-year fee waiver when Rs.1.5 lakh is spent during the previous year
- Get 500 reward points as a bonus when you spend Rs.50,000 in one calendar quarter.
- Get an additional 1,000 bonus reward points when your spending reaches Rs.1 lakh in one calendar quarter.
Birthday benefits:
- Get 1,000 bonus reward points when you use the AU Bank Vetta Credit Card to complete one retail transaction on your birthday.
Fuel benefits:
- Waiver of 1% fuel surcharge on the purchase of fuel at any fuel station across the country
- To avail of the fuel surcharge benefit, the transaction amount should be between Rs.400 and Rs.5,000.
- You can get a maximum waiver of Rs.250 in one statement cycle.
Railway lounge benefits:
Every calendar quarter, get 2 complimentary railway lounge visits (for the primary and add-on credit cardholder) at railway stations in these cities:
| Kolkata (Sealdah) | Jaipur |
| New Delhi | Madurai |
| Ahmedabad | Agra |
Airport lounge benefits:
- Get 1 free airport lounge visit in India every calendar quarter.
- 1 free airport lounge visit every calendar quarter at participating airport lounges under the Priority Pass Program.
An add-on credit cardholder also gets the airport lounge benefits.
Contactless transaction benefits:
- Make contactless payments by tapping the card at the Point-of-Sale (POS) terminals of partner merchants.
- The card PIN does not have to be entered.
- Contactless payments are allowed for transactions amounting to Rs.5,000.
Equated Monthly Instalment (EMI) benefits:
- Convert transactions amounting to Rs.2,000 or more into EMIs.
- Select any suitable repayment tenure.
Insurance benefits:
| Air Accident Cover | Rs.50 lakh |
| Credit Shield | Up to Rs.2 lakh |
| Purchase Protection | Up to Rs.25,000 |
Card Liability Cover:
- There is zero liability if the credit card you lost has been used for fraudulent transactions (after you report the loss of the credit card).
- You are protected against online fraud, card counterfeiting, and credit card skimming.
Travel coverage:
- The AU Bank Vetta Credit Card offers travel cover for the following events:
- Delay of baggage
- Loss of baggage
- Hijacking of airplane
- Loss of passport
- Flight delay
Eligibility Criteria for AU Bank Vetta Credit Card
- Age: The primary cardholder must be between 18 to 70 years of age.
- Income: The minimum income requirement for this card is INR 10 lakhs per annum.
- Credit Score: A good credit score is necessary to apply for AU Bank Vetta Credit Card.
- Employment Status: The applicant must be either salaried or self-employed with a stable source of income.
How to Apply for AU Bank Vetta Credit Card
You can apply for AU Bank Vetta Credit Card in the following ways:
- Online Application: Visit the AU Small Finance Bank website and apply for the card online by filling in the necessary details.
- Branch Visit: Visit any AU Small Finance Bank branch and apply for the card in person.
How to Redeem AU Bank Vetta Credit Card Points Earned
The reward points you earn on the AU Bank Vetta Credit Card can be redeemed for the following:
- Purchasing partner brands’ e-vouchers
- Booking of hotel rooms
- Buying merchandise from the AU Bank catalog
- Booking flight tickets
- Recharging mobile/Direct-to-home (DTH)
Fees and Charges of the AU Bank Vetta Credit Card
Here are the fees and charges of the AU Bank Vetta Credit Card:
| Type of charge | Fee | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining fee | NIL | ||||||||||||
| Annual fee | Rs.2,999 | ||||||||||||
| Fee for an add-on card | NIL | ||||||||||||
| Cash advance fee | 2.5% of the amount withdrawn, subject to a minimum of Rs.100 | ||||||||||||
| Revolving credit charge | 2.99% per month (35.88% annualized) | ||||||||||||
| Minimum repayment amount | 5% or minimum Rs.100 | ||||||||||||
| Limit for cash advance | 30% of the card’s credit limit | ||||||||||||
| Overlimit charges | 2.5% of over limit amount, subject to a minimum of Rs.500 | ||||||||||||
| Credit card validation fee at lounges | Rs.2 | ||||||||||||
| Cash processing fee | NIL | ||||||||||||
| Fee for processing an outstation cheque | Rs. 25 | ||||||||||||
| Fee for redeeming reward points | NIL | ||||||||||||
| Late Payment Charges |
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| Processing fee for a balance transfer |
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| Foreign currency mark-up fee | 2.99% | ||||||||||||
| Fee for duplicate physical statement request | Rs.100 | ||||||||||||
| EMI conversion fee |
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| Fee for reissue of lost/damaged/stolen credit card | Rs.100 | ||||||||||||
| The charge for Priority Pass Lounge | $27 plus taxes per person for every visit | ||||||||||||
| Goods and Services Tax (GST) | 18% |
FAQs on AU Bank Vetta Credit Card
- Will my Zomato Pro Membership get extended when I spend Rs.50,000 for two months each? No, the Zomato Pro Membership benefit is applicable only once in a credit card anniversary year.
- How do I book an XpressEMI? You can call 180012001500 and book an XpressEMI.
- Do I earn reward points when I use the card for purchasing fuel? No, you do not earn reward points when you buy fuel with the AU Bank Vetta Credit Card.
- How can I contact the concierge desk of AU Bank? You can contact the concierge desk of AU Bank by calling 18002100298 (toll-free number) or 022-42320298.
- What is the AU Bank customer care number? The AU Bank customer care number is 180012001500. You can also call this number to claim the insurance benefits available with the AU Bank Vetta Credit Card. You can also reach out to the bank’s customer care department by writing to [email protected].
Conclusion
AU Bank Vetta Credit Card is an excellent option for individuals who value exclusive privileges and luxury. With its attractive features and benefits, this card offers an unmatched experience to its customers. To apply for AU Bank Vetta Credit Card, make sure to meet the eligibility criteria and submit the necessary documents.