Axis Bank and Vistara unveil co branded credit card
Introduce three variants of the contactless card aligned
to customer travel preferences
Card enables fasterearning of Club Vistarapoints and
membership tier upgrades
Unique opportunity to receive upto 4 complimentary air
tickets in a year
Severalpremium lifestyle benefits and privileges
such as exclusive access to Vistara’s signature lounge at T3, Delhi and Axis
Bank’s ‘Extraordinary Weekends’ programme
by Suman Gupta
Mumbai, July 13, 2016: 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 upto 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 Mr. 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, Mr. 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 fulfil 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 INR2.5 crore and lost card liability up tothe
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.
About Axis Bank: Axis Bank is the third largest private sector
bank in India. Axis Bank offers the entire spectrum of services to customer
segments covering Large and Mid-Corporates, SME, Agriculture and Retail
Businesses. With its 2,904 domestic
branches (including extension counters) and 12,743 ATMs across the country, as
on 31st March 2016, the network of Axis Bank spreads across 1,855
cities and towns, enabling the Bank to reach out to a large cross-section of
customers with an array of products and services. The Bank also has nine
overseas offices with branches at Singapore, Hong Kong, Dubai (at the DIFC),
Shanghai and Colombo; representative offices at Dubai, Abu Dhabi and Dhaka and
an overseas subsidiary at London, UK. The Bank’s website www.axisbank.com
offers comprehensive details about its products and services.
About Vistara
(TATA SIA Airlines Limited): TATA SIA
Airlines Limited, known by the brand name Vistara, is a joint venture between
Tata Sons Limited and Singapore Airlines Limited (SIA) with Tata Sons holding
the majority stake of 51% in the company and SIA holding the remaining 49%.
Vistara brings together Tata’s and SIA’s legendary hospitality
and renowned service excellence to launch the finest full service carrier
in India aimed at creating memorable and personalized flying experiences for
its customers. Vistara commenced its commercial operations on January 9, 2015
with an aim to set new standards in the aviation industry in India. For
additional information, visit www.airvistara.com
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