The AU Bank Vetta credit card is designed for individuals seeking an option that aligns with various lifestyle and financial needs.
It offers a streamlined approach to managing purchases, with specific features to enhance everyday transactions.
This product also provides access to secure and convenient payment solutions that can be used online and in-store.
Read on to discover the main features of the Vetta credit card!
About the AU Bank Vetta credit card
The AU Bank Vetta credit card presents itself as a versatile option in personal finance, built to support a range of spending habits.
With a focus on flexibility, the Vetta card can adapt to various payment environments, whether for day-to-day needs or occasional larger purchases.
Created with a broad audience in mind, this card can suit both frequent and occasional users.
It offers a straightforward application process and includes key features aimed at simplifying financial management.
Benefits of the credit card
The AU Bank Vetta credit card offers a range of practical benefits aimed at enhancing cardholders’ financial flexibility and convenience.
Below are some of the key advantages that consumers can enjoy:
- Reward points on qualifying purchases, which can be redeemed across several options of benefits;
- Global concierge assistance that allows the clients to customize their trips, entertainment, and leisure experiences;
- Complimentary lounge access per calendar quarter within India when using your AU credit card;
- Extensive protection coverage, including purchase protection of up to INR 25,000.
Disadvantages of the AU Bank Vetta credit card
Before applying, it’s essential to understand the potential drawbacks that the AU Bank Vetta credit card may present, so you can determine if it aligns with your financial needs and lifestyle.
Take a look below:
- This card comes with an annual fee;
- It has a foreign currency markup fee;
- The lounge access benefits are restricted to one complimentary access per quarter, which may not be sufficient for frequent travelers;
- The primary cardholder must be between 21 and 60 years old.
About the issuing bank
This credit card is issued by AU Small Finance Bank, one of India’s leading small finance banks focused on delivering innovative financial products tailored to diverse customer needs.
Established as a scheduled commercial bank, AU Small Finance Bank provides a range of banking services, including personal loans, business accounts, and credit products, targeting both urban and rural customers across India.
With a reputation for digital banking services, AU Bank offers convenient, technology-driven solutions that cater to various financial requirements.
Fees of the credit card
When considering this product, it’s important to be aware of the associated fees to make informed financial decisions.
Understanding these charges will help you assess how the card fits into your budget and usage habits, ensuring you can maximize its benefits effectively.
Below is an outline of the key fees related to this credit card:
- Annual membership fee: Rs. 2,999 + applicable taxes;
- Cash advance charges: 2.5% of the cash withdrawal amount or ₹ 500, whichever is higher;
- Overlimit fee: 2.5% of overlimit amount, subject to a minimum of ₹ 500;
- Foreign currency markup fee: 2.99%;
- Reward point redemption fee: ₹ 99 + GST for each successful redemption.
Last update of rates according to the official website: 11/07/24
Why apply for this card?
The AU Bank Vetta credit card is a financial product that offers a range of features designed to suit various spending patterns and lifestyles.
The Vetta card includes various forms of protection and access to premium services.
With benefits like reward points, concierge services, and lounge access, it allows cardholders to enjoy added value on qualifying purchases and select experiences.
Reviewing the specific advantages and understanding associated fees can help potential users decide if this card aligns with their financial goals and daily needs.
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