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Business News/ Money / Personal Finance/  IDFC First Club Vistara Credit Card: From charges to rewards, all you need to know
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IDFC First Club Vistara Credit Card: From charges to rewards, all you need to know

IDFC First Bank partners with Air Vistara to launch their fourth co-branded credit card in India. Here are the details of IDFC First Club Vistara Credit Card, and everything you need to know.

The card is issued under the MasterCard network.Premium
The card is issued under the MasterCard network.

IDFC First has recently launched an Air Vistara credit card which is attracting a lot of interest in the market. Air Vistara has already partnered with SBI Cards, IndusInd Bank and Axis Bank for their co-branded travel cards, and now the airline company is joining hands with IDFC Bank to launch their fourth bank Vistara co-branded card in India. The card is issued under the MasterCard network.

Here are the details of IDFC First Club Vistara Credit Card, and everything you need to know.

Charges

Joining Fees (1st year) - ₹4,999 + GST

Annual Fees (2nd year onwards) - ₹4,999 + GST

Spend Based Annual Fee Waiver - None

Welcome Benefits and Renewal Benefits

Club Vistara Silver Tier Membership

1 Complimentary Premium Economy Ticket (Domestic only)

1 Class Upgrade Voucher*

As in the recent times, the airfares have increased multifold, the premium economy ticket is more beneficial than joining fees. The IDFC First Club Vistara Credit Card also provides 3 months' subscription of EazyDiner Prime and BQ Prime. These benefits are not renewable in nature.

This One-Class Upgrade Voucher is given exclusively by IDFC First Bank and is not a part of the Silver Tier Renewal benefits which you will get every year. These vouchers can only be used either for revenue flights or award flights booked using CV points only, it says.

Card Features and Benefits

Earning Rate

6 CV Points on every ₹200 spent up to ₹1lacs.

4 CV Points on every ₹200 spent above ₹1lacs.

10 CV Points on every ₹200 spent on dining on your birthday.

1 CV Points on every ₹200 spent on fuel, insurance, utility, rent and wallet load.

CV Points are not applicable on EMI Transactions and Cash Withdrawal.

Activation Bonus

You can get up to 6000 CV Points that is 2000 CV Points per month on a minimum spend of ₹30,000 per month which is applicable on month 2, 3 and 4 from date of joining. For the first month, the spends will not be considered for activation CV points.

Milestone Rewards

Milestone 1 (First Year Only) - 6,000 CV Points credited across the period month 2, 3 and 4 from date of joining – 2,000 CV points each month for spending of ₹30k.

Milestone 2 - 1st Premium Economy Domestic Ticket on spends of ₹1.5 lacs.

Milestone 3 - 2nd Premium Economy Domestic Ticket on spends of ₹3 lacs.

Milestone 4 - 3rd Premium Economy Domestic Ticket on spends of ₹4.5 lacs.

Milestone 5 - 4th Premium Economy Domestic Ticket on spends of ₹9 lacs.

Milestone 6 - 5th Premium Economy Domestic Ticket on spends of ₹12 lacs.

Please note - Anniversary year is calculated as the 12 month period from the card generation date.

Travel Benefits

The complimentary access is available only on minimum monthly spends of ₹5000 in previous month. There are selected routes on which the benefits are given, do check the required information.

Domestic Airport Lounge Access - 2 complimentary visits per quarter

International Airport Lounge Access - 1 complimentary visit per quarter

Airport Spa Centre Access in India - 2 complimentary visits per quarter, collaborated with DreamsFolks.

Complimentary Golf Benefits

The credit card is issued on the Mastercard World platform. This gives it access to several Mastercard World benefits including Golf benefits.

- 4 complimentary green fees round golf per year. Maximum one round every month.

- 12 complimentary golf lessons per year. Maximum one lesson every month.

- Get a 50% discount on the green fees after using your complimentary sessions.

Insurance Benefits

The card offers a host of travel-related insurance perks to the cardholders.

CFAR Trip Cancellation Cover – With the Cancel For Any Reason trip cancellation cover, you can get a refund of up to ₹10,000 on cancelling your flight and hotel bookings made with the card on 2 cancellations per year.

Apart from the CFAR insurance, you get

- Air accident insurance cover - ₹1 crore

- Personal accident cover - ₹10 lacs

- Lost card liability cover - ₹50,000

- Cover for check-in baggage loss, delay of check-in baggage, flight delay, loss of travel documents - $1200

Other Charges

Foreign Currency Markup Charges - 2.99% of the transaction amount + GST

Interest Rate - 0.75% to 3.5% per month, or 9% to 42% per annum.

Add-on Card Fees - NIL

Fuel Surcharge Waiver - NIL

Cash Advance Charges - Interest free ATM cash withdrawal up to 48 days.

 

Rohit Gyanchandani is Managing Director at Nandi Nivesh Private Limited.

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Published: 07 Sep 2023, 03:48 PM IST
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