July 18, 2016 TnH Global 0

Axis Bank and Vistara unveil cobranded credit card

Introduce three variants of the contactless card aligned to customer travel preferences
Card enables faster earning of Club Vistara points and membership tier upgrades
Unique opportunity to receive up to 4 complimentary air tickets in a year
Several premium lifestyle benefits and privileges such as exclusive access to Vistara’s signature lounge at T3, Delhi and Axis Bank’s ‘Extraordinary Weekends’ programme

Axis Bank, India’s third largest private sector bank and Vistara, India’s fastest growing full service carrier, today launched the contactless Axis Bank Vistara Credit Card on the VISA network platform to cater to the increasingly sophisticated needs of both corporate and leisure travelers.

The benefits from this distinct co-branded travel credit card will be tiered depending on travel preferences of customers and their travel frequency. The card comes in three variants: Infinite, Signature and Basic with embedded benefits of the carrier’s Club Vistara frequent flyer programme. The Axis Bank Vistara Infinite Card is the first card to offer complimentary Business Class tickets to its top tier cardholders and an opportunity to earn up to 6 Club Vistara (CV) points per INR200. The Signature and basic card variants offer exclusive benefits by way of complimentary Premium Economy and Economy Class tickets as well.

Speaking on the occasion Rajiv Anand, Executive Director, Axis Bank said, “At Axis Bank, we are constantly innovating to deliver more value to our customers. We are delighted to partner with Vistara to bring to market a very compelling proposition for our customers. Travel is a key spend category for credit cards and the Axis Bank Vistara range of cards will help us further strengthen our travel product suite, as it addresses both the business and leisure traveler segments.”

Commenting on the partnership, Sanjiv Kapoor, Chief Strategy and Commercial Officer, Vistara, said, “The Axis Bank Vistara Credit Card accelerates our endeavor to provide premium services and unique benefits to our growing pool of loyal customers who ‘Fly the New Feeling’ on our fast expanding network that now covers 18 destinations across India. This new card will help us fulfill our frequent travelers’ need for a credit card that not only offers them attractive opportunities to earn points and complimentary tickets, but also provide automatic Club Vistara Silver and Gold membership for higher variants.”

The card also offers enhanced insurance coverage, including air accident cover up to INR 2.5 crore and lost card liability up to the credit limit. Axis Bank Vistara Credit Card customers can also enjoy premium lifestyle offers such as Golf rounds or sessions at discounted rates across 19 golf courses in India. In addition, the Infinite variant customers of the card will be given 6 Complimentary golf rounds.