Andhra Bank Classic Credit Card

The features and benefits of the credit card are:

Reward Points – Earn 3 Reward Points per Rs. 150 spent.

Interest Free Period – Get up to 50 days of interest free period.

Fuel Surcharge Waiver – Get waiver on fuel surcharge when using the credit card for paying for fuel. Customers can get a maximum waiver up to Rs. 2,000.

Insurance – Get Personal accident insurance coverage up to Rs. 2.00 lakh for primary as well as add-on card holder. The user will have to pay a nominal fee for the coverage.

Lost Card Liability – Card holder is insured up to Rs. 1.50 lakh against any fraudulent transactions made on the card post reporting of loss.

Add-on Card – Customers can share the benefits of the card with immediate family members. Moreover, add-on cards also earn the user reward points.

Visa Offers – Get all the benefits and privileges provided by Visa to its users.

Andhra Bank Classic Credit Card
Good For: People who want insurance for themselves and add-on cardholders People who want to earn reward points People who want fuel surcharge waiver	Bad For: Customers who want to earn air miles Customers who want free add-on cards Customers who want diversity in their rewards catalogue

Please Note: Andhra Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only. 

Category	Amount
Annual Fee for Primary Card	Rs. 550
Annual Fee for Secondary Card	Rs. 200
Add-on Card Charges	Rs. 300
Card Replacement Charges	Rs. 200
Foreign Currency Mark-Up charges	3.00%
Temporary Enhancement Charges	Rs. 200
Hot-listing Charges	Rs. 200
Cash Withdrawal Charges	At Andhra Bank ATM – 3% of amount/ Min. Rs. 150 At Other ATM – Rs. 50 + 3% of amount/ Min. Rs. 150
Interest on Cash Advance/ Finance Charge	2.5%
Finance Charge if Min. Amount Due is not Paid	2.95% per month/41.75% p.a.
Late Payment Fee	Amount: Up to Rs. 5,000 – Rs. 200 Between Rs. 5,001 and 15,000 – Rs. 300 Between Rs. 15,001 and 25,000 – Rs. 400 Above Rs. 25,000 – Rs. 600

The eligibility criteria for this credit card are:

• Prior account holders can easily avail this credit card. New customers will be judged on case to case basis
• Primary card holder must be between 21 years and 70 years of age
• Applicants for add-on card holder should be 18 years or more
• Income must be over Rs. 3.00 lakh per Annum
• Income documents that must be submitted:
  • Self Employed – I.T.R. acknowledgements for 2 years along with computation sheets
  • Salaried Employees – Form 16 / ITRs with latest Salary slips

Customers can get this credit card against fixed deposit as well if they don’t have an income source. Customers will get a 25% margin on the deposited amount.

Customers can visit the nearest Andhra Bank branch and contact a bank official there. On request submit all the documents that the officer asks for. Post submission the bank will review the documents. If they pass the bank’s internal standards then they will accept the application and deliver the credit card.

Who can apply for Andhra Bank Classic Credit Card?
Indian citizens who are over 21 years of age and earn Rs. 3.00 lakh per annum or more can apply for this credit card.

What is the annual fee on Andhra Bank Classic Credit Card?
The annual fee is Rs. 550 on this credit card.

What is the foreign currency mark-up fee on this credit card?
The foreign currency mark-up fee is 3.00% of the transacted amount.

What is the cash advance limit on the credit card?
The cash advance limit is 50% of the credit limit assigned to the user.

Does the card provide add-on card facility?
Yes, customers can get add-on card for immediate family members.