AU Bank Vetta Credit Card
Joining Fee: ₹2,999 + GST
Renewal Fee: ₹2,999 + GST
Reward Type: Reward Points
Welcome Benefits
Rs 2000 voucher on Rs 30000 spend within 60 days
Rewards Rate
Utility Bill Payments: Earn 10 Reward Points per ₹100 spent (Reward Rate = 2.5%).
Grocery and Departmental Stores: Earn 4 Reward Points per ₹100 spent (Reward Rate = 1%).
Other Retail Spends: Earn 2 Reward Points per ₹100 spent (Reward Rate = 0.5%).
Exclusions: No Reward Points on fuel purchases.
Reward Redemption
AU Rewardz Portal: Redeem points for e-vouchers, merchandise, mobile/DTH recharges, or flight/hotel bookings.
Value: 1 Reward Point = ₹0.25.
Milestone Benefits
Quarterly Rewards: Earn 500 Bonus Reward Points for spending ₹50,000 in a calendar quarter. Get 1,000 additional Reward Points for spending ₹1 lakh in a quarter.
Annual Vouchers: Receive ₹1,000 worth of vouchers on spending ₹2.5 lakh in an anniversary year.
Annual Fee Waiver
Joining Fee Waiver: Spend ₹40,000 within 90 days of card issuance to waive the joining fee.
Renewal Fee Waiver: Spend ₹1.5 lakh in the preceding year to waive the renewal fee.
Birthday Benefit
Bonus Reward Points: Earn 1,000 Bonus Reward Points for completing one retail transaction on your birthday.
Travel Benefits
Domestic: 1 complimentary domestic airport lounge access per quarter via the Visa lounge program.
International: 1 complimentary international airport lounge access per quarter with Priority Pass membership.
Railway Lounges: 2 complimentary IRCTC lounge visits per quarter at select railway stations (New Delhi, Kolkata, Jaipur, Ahmedabad, Agra, and Madurai).
Complimentary lounge access is available for both primary and add-on cardholders.
Insurance Benefits
Air Accident: Coverage of up to ₹50 lakhs.
Credit Shield: Coverage of up to ₹2 lakhs.
Purchase Protection: Coverage of up to ₹25,000.
Travel Insurance: Additional covers for baggage loss, baggage delay, flight delays, passport loss, and plane hijack.
Claims: To claim insurance benefits, contact AU Bank customer care at 1800 1200 1500.
Dedicated Concierge Services
24×7 Global Assistance: Available for flight/hotel bookings, dining, and golf sessions. Contact via 1800 210 0298 (toll-free) or 022-42320298.
Summary
The AU Bank Vetta Credit Card is a strong contender in the mid-range credit card segment, offering a high reward rate of 2.5% on utility bill payments and 1% on grocery and departmental store purchases. With a joining fee of Rs. 2,500, the card provides a Rs. 2,000 voucher upon spending Rs. 30,000 within the first 60 days. Cardholders can earn additional rewards through milestones and receive complimentary domestic and international lounge access. The card also includes extensive insurance coverage, including up to Rs. 50 lakhs in air accident coverage and purchase protection.