Axis Bank and Vistara unveil co branded credit card

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  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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