Anúncios
For travelers looking to turn their spending into flight experiences, the Axis Vistara Signature Card is one of the best alternatives.
With so many co-branded cards on the market, which give you airline miles and travel benefits, it’s hard to make a good choice. This is because it is necessary to analyze whether the advantages really compensate for the annual rate and spending requirements.
Now, what sets the Axis Vistara Signature Card apart from the rest? We will help you understand this, explaining all the advantages of this card that is winning over many Indians.
Key benefits of the Axis Vistara Signature Card
The Axis Vistara Signature Card is for those who know what they want.
Your focus is not on an accumulation of ordinary points, but rather rewards tied to specific spending milestones. This approach is very different from cards that only give you generic cashback.
Anúncios
1. Complimentary Welcome and Renewal Tickets (Axis Vistara Signature Card)
One of the attractions of the card is the complimentary ticket in Vistara’s Premium Economy class.
In fact, you receive one of these tickets right after paying the membership fee and another at each annual renewal of the card.
The value of a Premium Economy ticket can be worth well over ₹8,000.00. Therefore, the ticket price is more than double the membership fee of ₹3,000.00.
Anúncios
For those who already fly with Vistara, it is an advantage that pays for itself in the first year.
2. Rewards for Spending Frameworks (Axis Vistara Signature Card)
The real advantage of the card is in the rewards for spending milestones, made for the consumer who spends a lot.
So, you can earn up to four additional tickets in Vistara’s Premium Economy class, one for every ₹1.5 Lakh, ₹3 Lakh, ₹4.5 Lakh and ₹9 Lakh spent annually.
Furthermore, the return for those who reach these milestones is, estimating a return of around 8% for spending up to ₹4.5 Lakh.
However, as of April 2024, certain spend categories no longer count towards the calculation of these milestones. Therefore, expenses with insurance, jewelry, government services, rent and even fuel and utility bills do not enter the account.
3. Lounge access
In addition to the tickets, the card will give you access to the lounge. That way, you will be able to have peace of mind on your trip.
You get 8 free entries to domestic airport lounges every year. Therefore, it is one of the best credit card with lounge access.
Still, it is important to know that the card is not the best in terms of lounge access.
But beware: to access the lounge, you need to spend at least ₹ 50,000.00 in a period of 3 months.
This benefit is linked to how often you use it.
The card also entitles you to a complimentary Club Vistara Silver membership, with privileges such as priority check-in and extra baggage.
Fees charged on Axis Vistara Signature Card
You need to be aware of the costs. This is what will tell you whether or not the card is for you.
Membership fee and annual fee
The membership fee and the annual fee of the card are set at ₹3,000.00.
The value of the fee is offset by the complimentary welcome and renewal ticket, which, as we have seen, is worth much more than the cost.
Other Charges (Axis Vistara Signature Card)
The fee structure includes a 2.5% fee for cash withdrawals. In addition the conversion fee for foreign currency transactions is 3.5% plus GST.
This amount is high for a travel card and can void the value of any rewards you earn on international travel.
Check out the table below and understand all the fees charged in a few minutes:
| Type of Charge | Value |
| Joining Fee | ₹3,000 |
| Annual Fee (from 2nd year) | ₹3,000 |
| Annual Interest Rate | 41.75% to 52.86% (variable) |
| Cash Advance Fee | 2.5% (minimum ₹500) |
| Foreign Transaction Fee | 3.5% + GST |
| Fuel Surcharge | 1% (for expenses above ₹50,000 in cycle) |
| Late Fees | From Nil to ₹1,200 (escalated) |
How does the card application work?
The process to get the Axis Vistara Signature Card is not entirely digital.
To be eligible, you must be an Indian resident between 18 and 70 years old.
In addition, the bank looks for people with a good credit score, and it is recommended that they have 750 or more. And it needs to have a minimum annual income of ₹6 Lakhs.
The application process starts online: Simply go to the official Axis Bank website and fill out a basic form. But don’t expect instant approval.
After you submit the form, a bank representative will contact you to follow up on your application and collect the necessary documentation, such as proof of identity, residency, and income.
Is Axis Bank reliable?
Axis Bank’s reputation among consumers is well divided.
While some praise the security and convenience of online services.
However, complaints are frequent. The main complaints include hidden charges. They offer poor and slow customer service.
Conclusion
The Axis Vistara Signature Card represents a remarkable value for a niche of consumers who travel with Vistara and who have a high spending profile.
It is important to note that this is a card with a higher cost than average, but it has great benefits, especially when you think about traveling frequently.
However, all the convenience provided by Axis Vistara comes with a set of complexities and risks.
The fee structure, with high annual interest rates and penalties, is negative, especially for those who do not manage their expenses rigorously.
The reputation of Axis Bank’s customer service, marked by recurring complaints, is a risk factor to consider.
Furthermore, the fact that the card application isn’t entirely online can be a hindrance, especially if you don’t like phone calls and want your card approved faster.
Another card from this bank that is worth knowing is the Axis Bank Ace credit card, which is one of the best cards on the market. And the best part, there are no simpler requirements to meet than the Axis Vistara Signature Card.