AU Bank Vetta Credit Card
Card Intro
Welcome Benefits
The AU Bank Vetta Credit Card does not offer any welcome benefits initially; however, it waives off the joining fee of Rs. 2,999 if you achieve retail transactions totalling Rs. 40,000 or more within the first 90 days of card issuance. Additionally, cardholders can get milestone benefits and earn up to 4 reward points for every spend.
Interest Free Period
18 to 48 Days
Payment Gateway
Visa
Card Fees
Joining Fee(once)
Rs. 2999 - Joining fee waived off on reaching retail transactions of Rs. 40,000 or more within the first 90 days of card issuance.
Annual Fee(2nd year onwards once)
Rs. 2999
Add-on Card Fee
Nil
Annual Fee Waive off
Annual spends greater than Rs. 1,50,000
Card Features, Rewards and Benefits
Cashback
Nil
Rewards
4 Reward Points per Rs. 100 on Grocery & Departmental store.
2 Reward Points per Rs. 100 on all other spends.
And 1 Reward Point per Rs. 100 on Insurance and Utility & Telecom spends, except Cash, Rent, Education & Government, EMI, Fuel, Bharat Bill Payment System (BBPS) and Quasi Cash transactions like Crypto Currency or Casino chips, etc.
Birthday Benefit: 1000 Bonus Reward Points on completing one retail transaction on cardholder’s birthday.
Milestone Benefits
Quarterly Milestone Benefits – 500 Bonus Reward Points on achieving Quarterly retail spends of minimum Rs. 50,000 and additional 1,000 Bonus Reward Points on reaching Rs.1 Lakh.
Annual fee reversed on spending Rs. 1.5 lakhs.
Yearly Milestone Benefits – Rs. 1000 worth vouchers on achieving yearly retail spends of minimum Rs. 2.5 lakhs.
Fuel Surcharge Waiver
1% for transactions between Rs. 400 to Rs. 5000
Maximum Surcharge Waiver: Up to Rs. 250 per statement
Dining
Nil
Movie Benefits
Nil
Lifestyle Benefits
Nil
Travel Benefits:
Nil
Lounge Benefits
For Domestic – 4 complimentary lounge access per year, 1 every quarter.
For Domestic Railway lounges – 2 complimentary Railway lounge visits per quarter via DreamFolks.
For International Lounges – 4 complimentary lounge access per year, 1 every quarter with the Priority Pass card (Complimentary Priority Pass membership).
Hotel Benefits
Nil
Insurance Benefits
Complimentary personal Air Accident Insurance Cover of up to Rs. 50 Lakhs, Credit Shield Cover of up to Rs. 5 Lakhs and Purchase Protection Cover of up to Rs. 25000.
Complimentary Credit Card Fraud Liability – Zero fraud liability on any fraudulent transactions made with the card after reporting the loss to the bank. The cardholder should block their card as soon as possible, but not more than 7 days after discovering the loss.
Also Cover for Loss of check in baggage, Delay of check in baggage, Loss of travel documents, Baggage Damage.
Concierge Benefits
Dedicated Concierge Services and Priority Customer Service [email protected] for priority assistance.
Health Benefits
Nil
Card Charges
Cash Payment fees at branches
Nil – No Cash Processing Fee for Credit Card Bill Payment through Cash Deposit mode.
Cash Withdrawal Fees or Cash Advance Fees
2.5% (Min. Rs. 500) of the cash amount
Card Replacement Fees
Rs. 100 incase of Reissue of Lost, Stolen or Damaged Card
Charge slip Retrieval Fee
N/A
Cheque Payment Fee
N/A
DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)
3.49% on International transaction
Duplicate Statement Fee
Rs. 100
Emergency Card Replacement (When Abroad)
N/A
EMI Processing Fees
Instant EMI Processing Fees: Rs.199
Xpress EMI Processing Fees 1% of the amount being converted to EMI, subject to a minimum of Rs. 99.
Finance Charges
3.59% per month (43.08% per annum)
Foreign Currency Transaction fee(Forex Charges)
3.49% of the transaction value
Late Payment charges
Late Payment charges : Nil if Total Payment Due Up to Rs. 100
Rs. 100 if total payment due is between Rs. 101 – Rs. 5,00
Rs. 600 if total payment due is between Rs. 501 – Rs. 5,000
Rs. 700 if total payment due is between Rs. 5001 – Rs. 10,000
Rs. 800 if total payment due is between Rs. 10,001 – Rs. 20,000
Rs. 1100 if total payment due is between Rs. 20,001 – Rs. 50,000
Rs. 1300 if total payment due is greater than Rs.50,000
Outstation Cheque Fee
Rs. 25
Over Limit Fees
2.5% of the over limit amount (Min Rs. 500)
Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees
2% of the payment amount subject to Min. Rs.500
Payment of Customs duty
N/A
Priority Pass Lounge Charges
$27 per person per visit + taxes
Railway Tickets Surcharge
As prescribed by IRCTC / Indian Railways
Rental Transaction Fee
1% Processing fee per transaction or Rs. 99 whichever is higher
Reward Points Redemption Fee
Rs. 99
Any Other Charges
Xpress Loan Processing Fees: 2% of the Loan amount.
Xpress Loan Pre-closure Charges: 3% of the Balance Principal Outstanding.
Balance Transfer/BT on EMI Processing Charges: 1% of Balance Transfer amount subject to Min. Rs.250
Education Transaction Fee: 1% Processing fee per transaction or Rs. 99 whichever is higher (on third party applications like CRED, PhonePe, Paytm, MobiKwik, Freecharge etc), not applicable for transactions done directly through college/school websites or through POS machine at their premises.
Terms & Conditions!
* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.