Karur Vysya Bank Ltd. is one of the oldest banks in India. It was established in the year 1916 in Karur with an initial capital of Rs. 1 lakh. It was set up to provide financial support to the small textile industries situated in and around Karur in Tamil Nadu. This bank believes in mixing tradition and technology to provide innovative products and services to its customers at affordable prices. Since incorporation, it has launched 782 branches all across India with a capital market of Rs. 3724.79 crore. The bank offers a wide range of financial products and services to its individuals and companies depending upon their requirements. Karur Vysya Bank Ltd. is listed on BSE and NSE stock exchanges. Besides the wide array of financial products and services, it also offers credit cards to its customers packed with exciting and exclusive offers and deals to the cardholders. It was 2016 when the bank started issuing credit cards to its valuable customers and now the Karur Vysya Bank Credit Cards can be listed among well-known cards in the country. Read below given some of the best credit cards from its portfolio.
List Of Best KVB Credit Cards in India
Karur Vysya Bank issues a lesser number of credit cards as compared to other major card issuers in the country. However, for those who are KVB loyal customers or want to have a credit card with basic features and a decent reward rate. In this article, you can find the list of top KVB Credit Cards in India. You can go through the features and benefits of all of them and then choose one according to your requirements:
700 bonus reward points.
You can earn 4x points on domestic and international travel, hotels, and air tickets booking. You can earn 3 reward points for every Rs. 150 spent on this card. You can also earn 2x reward points on restaurants, medical, books, insurance, rail tickets, movie tickets, and car rental
500 bonus reward points as a welcome benefit on payment of membership fees.
4 reward points on every Rs 150 spent on domestic and international travels, hotels, and air tickets, 3 reward points on every Rs 150 spent on restaurants, medical bills, insurance, rail ticket, and movie ticket booking, and car rentals, and 2 reward points on every Rs 150 spent on every other category.
Karur Vysya Bank Credit Cards Features and Benefits
Nowadays, credit card issuers don’t only offer a credit limit, but also provide a lot of other advantages to the cardholders. Different types of cards come with different features and benefits across several categories. Some of the general benefits that you can get with all the KVB Credit Cards are as mentioned below:
- Welcome Benefits: Welcome benefits are offered to the cardholders when they receive their new KVB Card. Generally, you will get bonus reward points as a welcome gift. However, some card issuers also offer gift vouchers and other types of welcome privileges.
- Rewards: Whenever you make a purchase using your KVB Credit Card, you can save in the form of reward points that are offered by the card issuer. However, the reward rate can be different on different cards and it can also vary for different categories.
- Travel Benefits: Travel Benefits that you may get with a Karur Vysya Bank Credit Card include complimentary lounge access, discounts on flight/hotel bookings, accelerated reward on travel, etc.
- Other Benefits: Other than all the features & benefits mentioned above, KVB Credit Cards also offer some additional advantages including fuel surcharge waiver, zero liability protection against a lost/stolen card, insurance covers against selected categories, and many more.
Top Karur Vysya Bank Credit Cards
As mentioned earlier, the Karur Vysya Bank has a lesser number of credit cards in its portfolio, each of them having its own advantages. Some of the top credit card issued by the bank and their details features and benefits are mentioned below:
KVB Corporate Credit Card
Karur Vysya Bank on the KVB Corporate credit card provides you with shopping and travel benefits. With this card, you can enjoy a fuel surcharge of 2% on all fuel transactions between Rs. 400 – Rs. 4,000. You can vouch for this card at zero joining and an annual fee. To know the features and offers of this credit card, keep reading.
KVB Honour Credit Card
KVB Honour Credit Card is best suited for first-time credit card applicants. It comes with no joining fee and an annual fee of Rs. 1,299 which is also reversed to the cardholder’s account on spending Rs. 5 lakhs in the previous year. With this credit card, you can enjoy accelerated reward points on selected categories. Continue reading to know the KVB Honour Credit Card offerings and features.
KVB Platinum Credit Card
With KVB Platinum Credit Card the credit cardholders can enjoy the welcome benefits of 500 bonus reward points on the payment of the joining fee. This card lets you enjoy the reward points on domestic & international travels, movie tickets, insurance, restaurants, and many more other categories. For detailed insights into the KVB Platinum Credit Card’s features and offers, check here.
Karur Vysya Bank Credit Card Reward Points
Different KVB Credit Cards offer different reward rates. In general, the premium cards that come with a higher annual fee offer a higher reward rate as compared to the cards that come with a lower annual fee. The reward rate may also vary on the basis of different categories and this is why it becomes extremely important to understand your spending behavior before choosing a credit card. It is highly advisable to compare different credit cards on the basis of their reward rates and go with the one that offers maximum rewards in the categories where you spend the most. The reward rates of the top KVB Credit Cards are mentioned below in the table:
|Credit Card||Reward Points|
|KVB Corporate Credit Card||2 reward points on every Rs. 150 spent on this card.|
|KVB Honour Credit Card||
3 reward points on every Rs. 150 spent on this card.
4x reward points on booking flight tickets, domestic and international travels.
2x reward points on selected categories like dining, movies tickets, insurance, medical, etc.
|KVB Platinum Credit Card||
2 reward points on every Rs. 150 on this card.
4 reward points on every Rs. 150 spent on domestic & international travels and on booking flights.
3 reward points on every Rs. 150 spent on restaurants, medical, movie tickets, etc.
Karur Vysya Bank Ltd allows its credit cardholders to redeem their earned Reward Points against several products, gift vouchers, and various other options at a rate of 1 Reward Point = Re. 0.25. To redeem your reward points, you will have to call the KVB Credit Card customer care on 1800-419-6500/022-404-26031. Make sure that you make the most out of your credit card rewards by redeeming your earned rewards against the right category and at the right time. There might be an expiry date for your reward points. Ask your card issuer about the same and redeem your rewards before they expire.
KVB Credit Cards Annual Fee
The annual fee of a credit card is one of the most important factors that are checked by individuals before choosing a credit card for themselves. It is because every card comes with a different joining/annual fee and some of the cards even come with a zero annual fee. If you are someone with a high net worth, you should consider high annual fee credit cards as these cards have premium benefits. On the other hand, if your annual income is average or lower, you should try to start your journey with low annual fee cards first. The joining and annual fee of the top KVB Credit Cards is given in the following table. Check the same carefully and choose a card that seems to be affordable for you:
|Credit Card||Joining Fee||Renewal Fee||Spend-based Waiver|
|KVB Corporate Credit Card||NIL||NIL||NA|
|KVB Honour Credit Card||NIL||Rs. 1,299||The renewal fee will be waived off on spending Rs. 5 lakhs in the previous year.|
|KVB Platinum Credit Card||NIL||Rs. 999||NA|
Other Fees and Charges
Other than the annual fee, a credit card can have a number of other fees and charges associated with it. Generally, people look for the annual fee and ignore all other charges before applying for a credit card. But, this is not really a good idea. In order to choose the right credit card for yourself, you should check all the features as well as fees & charges of a card. Some of the most important charges associated with KVB Credit Cards include interest rate, foreign currency markup fee, cash advance charges, add-on card fee, etc. All of these for the Top Karur Vysya Bank Cards are mentioned below in the table:
|Credit Card||Interest Rate||Cash Advance Fee||Foreign Currency Markup||Reward Redemption Fee||Add-on Card fee|
|KVB Corporate Credit Card||
|2% or a minimum of Rs. 100.||NA||NIL||NIL|
|KVB Honour Credit Card||
|2% or a minimum of Rs. 100.||3.50%||Rs. 99||NIL|
|KVB Platinum Credit Card||
|2% or a minimum of Rs. 100.||3.50%||Rs. 99||NIL|
Karur Vysya Bank Credit Cards Eligibility Criteria
Every credit card issuer has certain eligibility criteria that the applicants need to fulfill in order to get approved for a credit card. These criteria are set on the basis of different factors including the applicant’s age, annual income, credit score, relationship with the bank, etc. However, the exact criteria might be a bit different for each credit card, but the following are some of the basic requirements that you will have to fulfill for all the KVB Credit Cards:
- The applicant’s age should be above 21 years.
- The applicant should either be self-employed or salaried with a stable monthly income.
- The applicant should have a decent credit score.
For more detailed information about the KVB Credit Card eligibility criteria, refer to this page.
While applying for a credit card from the Karur Vysya Bank, you will also need to submit/upload a few documents. These documents include identity proof, proof of income, and address proof. The list of all the required documents is given below:
|Identity Proof||Address Proof||Income proof|
How To Apply for Karur Vysya Bank Credit Card
The applicant can apply for a Karur Vysya Bank credit card using online and offline modes. For offline mode, you need to visit the nearest Karur Vysya Bank branch and fill out the application form and submit it. In case you want to apply through online mode then you need to visit the bank’s official website and select the credit card you wish to apply for. Then click on apply, fill the required fields and attach the required documents and submit the form. Bank, after reviewing your credit card application, will approve or disapprove it and you will be notified regarding the same. If the application gets approved the bank will send the credit card to your mailing address.
If you have already applied for a credit card from KVB, you can easily track the status of your application using any of the below-mentioned methods:
- To check your Karur Vysya Bank credit card application status, you can either call on the customer care number and get in touch with the bank agent and provide your credit card application number, and the agent will help you in providing the application status of your credit card.
- Or, you can also visit the nearest Karur Vysya Bank to know the status of your credit card application. Kindly take your credit card application number along with you while visiting the bank as it will help the employee to provide the details of your credit card application status without any hassle.
For more ways to check your KVB Credit Card application status, click here.
How To Activate a KVB Credit Card?
If you have received your new credit card from the Karur Vysya Bank, you might be looking for the steps to activate your credit card. You can get your credit card activated easily using any of the ways mentioned below:
- Login/sign up to your KVB internet banking account. YOu can easily find an option to activate/generate a PIN of your credit card there.
- Another easy way to get your credit card activated is to contact the KVB Credit Card customer care and ask them to help you with the same.
- You can also activate your credit card via an ATM nearest to you. Just visit your nearest ATM, insert your credit card, and find an option to generate your credit card PIN from the menu.
KVB Credit Cards Login/Netbanking
By registering your KVB Credit Card for internet banking, you can void the hassle of visiting the branch for every small task as almost all the credit card-related information can be accessed from the comfort of your home. The following are the steps to register your credit card for KVB internet banking:
- Visit the KVB’s official website.
- Under the login button, select ‘Internet Banking.’
- Click on Continue to login and after getting redirected to the login page, click on ‘New User.’
- Agree to the terms and conditions.
- Proceed further accordingly by entering all the required details of your credit card.
For more detailed steps to sign up/login to your KVB netbanking account, visit this page.
KVB Credit Cards Customer Care
For any queries or complaints related to your Karur Vysya Bank Credit cards, you can contact the KVB Credit Card customer care anytime using any of the following contact details:
- The customers can get in touch with the bank to submit their credit card queries or complaints by calling on 1860-258-1916 (domestic).
- You can also contact the bank by calling from abroad by calling on an international number +91 44-66217600 to register their credit card queries or complaints.
- Apart from calling, you can also write to the bank mentioning your credit card query or complaint and sending it to [email protected].
Yes, you can enjoy the travel benefits on the KVB Corporate Credit Card and KVB Honour Credit Card. You get 2 complimentary domestic lounge access on the KVB Corporate Credit Card whereas on the KVB Honour Credit Card you get to enjoy 4 complimentary domestic lounge access.
Yes, on KVB Honour Credit Card and KVB Platinum Credit Card you are charged with the reward redemption fee. For both KVB Platinum Credit Card and KVB Honour Credit Card, the KVB Bank charges Rs. 99 for reward redemption.
Yes, only KVB Honour Credit Card has a spend-based waiver benefit. On spending Rs. 5 lakhs in the previous can get you renewal fee of Rs. 1,299 waived off.
To check your KVB Credit Card application status you can either get in touch with the customer support services or you can visit the nearest KVB Bank Branch to know the application status of your credit card.
Yes, you can apply for a KVB credit card using your phone. Just visit the bank’s official website and navigate to credit cards. You will see a list of credit cards choose the card you wish to apply for and after clicking on the credit card you will see the Apply now option, click on apply now, fill the required fields and submit it.
You can provide any one from Aadhar card, voter id, passport, driving license, etc. as address proof to get a card issued from the Karur Vysya Bank Ltd.
To get your credit card blocked in case it is lost or misplaced, you can choose a method from the given options. You get your credit card hotlisted either by logging into your mobile banking account, internet banking account, calling customer care number, or by sending a mail.
No, none of the above-mentioned KVB credit cards have any joining fee. All these credit cards come with zero membership fees.
With Karur Vysya Bank credit cards, the credit cardholders get an interest-free/grace period of upto 45 days.
None, of the above-mentioned credit cards, have any add-on card fees. It is completely free on the Karur Vysya Bank credit cards.