By Rajat Gaur
Updated On October 18, 2021

AU Bank Vetta Credit Card is a mid-level lifestyle credit card by AU Bank. The card comes with a membership fee of Rs. 2,999 per annum which can be waived off on achieving the stipulated spend milestones. The card offers a good reward rate on all spend categories and accelerated reward rates on utility bill payments and grocery and departmental store spends.

As far as other value-added benefits are concerned, you get complimentary domestic/international airport and railway lounge access, dedicated concierge service, comprehensive insurance cover, and many other add-on benefits with the AU Bank Vetta Credit Card. Read on to learn more about this lifestyle credit card by AU Bank.

AU Bank Vetta Credit Card

Best Suited For

Travel | Shopping |

Joining Fee

Rs. 2,999 (plus applicable taxes)

Reward Type

Reward Points |

Product Details

  • Vouchers worth Rs. 2,000 on minimum expenditure of Rs. 30,000 within 6 months of card setup.
  • 10 Reward Points per Rs. 100 on utility bill payments, 4 Reward Points per Rs. 100 on grocery and departmental store spends and 2 Reward Points per Rs. 100 on all other retail spends. No Reward Points are earned on fuel purchases.
  • Zomato Pro annual membership on spends of Rs. 50,000 in a month (applicable only once in a year).
  • 500 Bonus Reward Points on retail spends of Rs. 50,000 in a calendar quarter and additional 1,000 Reward Points on achieving quarterly spend milestone of Rs. 1 lakh.
  • Vouchers worth Rs. 1,000 from top brands on spending a minimum of Rs. 2.5 lakh in an anniversary year.
  • 1,000 Bonus Reward Points on completing 1 retail transaction on birthday.
  • Complimentary (limited) domestic and international airport lounge access.
  • Complimentary IRCTC lounge access at select railway stations across India.
  •  24×7 dedicated concierge service for travel, dining and golf sessions related assistance.
  • 1% fuel surcharge waiver at all fuel stations across India.
  • Comprehensive insurance protection including Credit Shield cover, lost card liability protection, air accident insurance and many other travel-related insurance covers.

Rewards and Benefits

Welcome Benefits

Vouchers worth Rs. 2,000 from top brands on a minimum expenditure of Rs. 30,000 within 60 days of card setup.

Movie & Dining

N/A

Rewards Rate

10 Reward Points per Rs. 100 on utility bill payments (reward rate = 2.5%), 4 Reward Points per Rs. 100 on grocery and departmental store spends (reward rate = 1%), 2 Reward Points per Rs. 100 on all other retail spends except fuel (reward rate = 0.5%)

Reward Redemption

Reward Points redeemable for e-vouchers, merchandise, mobile/DTH recharges, flight/hotel bookings on AU Rewardz portal, 1 Reward Point = Rs. 0.25

Travel

Reward Points redeemable for flight/hotel bookings on AU Rewardz portal, complimentary domestic and international airport lounge access, complimentary IRCTC loucnge access

Golf

N/A

Domestic Lounge Access

1 per quarter under Visa domestic lounge program

International Lounge Access

1 per quarter with Priority Pass membership

Insurance Benefits

Comprehensive insurance cover including Credit Shield, lost card liability cover, air accident cover and many other travel-related insurance covers

Zero Liability Protection

Cardholder not liable for any fraudulent transaction with the card post reporting the loss of card to the bank

Fees & Charges

Joining Fee

Rs. 2,999 (plus applicable taxes)

Renewal Fee

Rs. 2,999 (plus applicable taxes)

Spend based Waiver

Joining fee waived off on expenditure of Rs. 40,000 within 90 days of card setup, renewal fee (second year onwards) waived off on expenditure of Rs. 1.5 lakh in the preceding year

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

2.99% of the transaction amount

Interest Rates

2.99% per month (35.88% annually)

Fuel Surcharge

Fuel surcharge waived off at all filling stations across India for transactions between Rs. 400 and Rs. 5,000 (max waiver capped at Rs. 250 per month)

Cash Advance Charge

2.5% of the transaction amount (subject to a minimum charge of Rs. 100)

Add-on Card Fee

Nil

AU Bank Vetta Credit Card Welcome Benefit:

Shopping vouchers worth Rs. 2,000 from a bouquet of top brands on the expenditure of a minimum of Rs. 30,000 within 60 days of card issuance.

AU Bank Vetta Credit Card Rewards:

  • 10 Reward Points per Rs. 100 on utility bill payments.
  • 4 Reward Points per Rs. 100 on grocery and departmental store spends.
  • 2 Reward Points per Rs. 100 on all other retail spends (except fuel).
  • No Reward Points earned on fuel purchases.

Reward Redemption:

Reward Points earned on AU Bank Vetta Credit Card are redeemable on the AU Rewardz portal for-

  • e-vouchers from top brands
  •  merchandise
  • mobile/DTH recharges
  • flight/hotel bookings

The monetary value of the Reward Points is Rs. 0.25.

Milestone Benefits:

  • Complimentary Zomato Pro membership on the expenditure of a minimum of Rs 50,000 in a calendar month (applicable only once in a year).
  • 500 Bonus Reward Points on spending a minimum of Rs. 50,000 in a calendar quarter. Additional 1,000 Reward Points on achieving the quarterly expenditure milestone of Rs. 1 lakh.
  • Vouchers worth Rs. 1,000 from top brands on a minimum expenditure of Rs. 2.5 lakh in an anniversary year.

AU Bank Vetta Credit Card Annual Fee Waiver:

  • Joining fee is waived off on a minimum expenditure of Rs. 40,000 within 90 days of card setup.
  • Annual renewal fee is waived off on a minimum expenditure of Rs. 1.5 lakh in the preceding year.

Birthday Benefit:

1,000 Bonus Reward Points on completing 1 retail transaction on birthday.

AU Bank Vetta Credit Card Travel Benefits:

  • Reward Points earned can be redeemed against hotel/flight bookings on the AU Rewardz portal.
  • 1 complimentary domestic airport lounge access per quarter under the Visa domestic lounge program.
  • Complimentary Priority Pass membership with 1 complimentary international airport lounge access per quarter.
  • 2 complimentary IRCTC lounge access per quarter at New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad, Agra and Madurai railway stations.
  • Complimentary lounge visits (both airport and railway) are applicable for primary as well as add-on cardholders.

Insurance Benefits:

You get a comprehensive insurance cover with AU Bank Vetta Credit Card with itemized insurance benefits as per the table below-

Insurance Type

Covered Amount

Air Accident Rs. 50 lakhs
Credit Shield Rs. 2 lakhs
Purchase Protection Rs. 25,000

Apart from the aforementioned insurance benefits, you also get other travel-related insurance covers against baggage loss, baggage delay, delay in flight, loss of passport and plane hijack. To claim any of these insurance benefits, you may call AU Bank customer care at 1800 1200 1500.

Dedicated Concierge Services:

24×7 global concierge service for assistance regarding flight/hotel bookings, dining and golf sessions. You may dial 1800 210 0298 (toll-free) or 022-42320298 for concierge assistance.

Conclusion:

Considering the high reward rate of 2.5% on utility bill payments and a decent reward rate of 1% on grocery and departmental store spends, Vetta Credit Card by AU Bank can be considered a really good offering by AU Bank in the mid-range segment. Apart from the Reward Points benefits, you also get many other benefits like complimentary lounge visits, insurance covers, concierge service, etc with the AU Bank Vetta Credit Card.

AU Bank Vetta Credit Card competes with HDFC Regalia Credit Card and SBI Credit Card PRIME, both of which offer decent reward rates along with other privileges and come with a similar or same joining fee of Rs. 2,500 and Rs. 2,999 respectively. Being a small player in the credit card space. AU Bank needs to offer better reward rates and other benefits than the competitors to attract new customers.

What’s your take on AU Bank Vetta Credit Card? Do let us know in the comments. And if you’re already a Vetta credit cardholder, feel free to share your experience for the benefit of others.

 

FAQs:

You can apply for AU Bank Vetta Credit Card by visiting the Card’s page on the bank’s website and selecting the “Apply Now” option on the page. You will need to provide a few documents including an identity proof, address proof and a proof of income (like salary slip or audited ITR acknowledgment) to proceed with the application.

1 Reward Point = Rs. 0.25 for redemption against e-vouchers, merchandise, flight/hotel bookings or mobile/DTH recharges on the AU Rewardz portal.

You are charged an interest rate of 2.99% per month (35.88% annually) on the revolving credit on AU Bank Vetta Credit Card.

You are charged a mark-up fee of 2.99% of the transaction amount of foreign currency transactions made with the AU Bank Vetta Credit Card.

Yes, you get complimentary 1 domestic and 1 international airport lounge access per calendar quarter with AU Bank Vetta Credit Card.

Yes, you get 1 complimentary IRCTC lounge access per quarter with AU Bank Vetta Credit Card.

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