Andhra Bank Platinum Credit Card

Andhra Bank Platinum Credit Card is loaded with several features and benefits such as:

• You can earn one reward point worth 0.50 paisa with every ₹ 100 that you spend on your card.
• You have access to 24×7 concierge services across the globe to make hotel reservations, flight bookings and also send gifts to your loved ones.
• You can get a 1% fuel surcharge waiver when you purchase fuel up to ₹ 2,000 each day.
• Get the advantage of the lowest cash advance charges available at just 2% each month to withdraw cash at any ATM when you have an emergency.
• At the most nominal premium amount, you can get group accident insurance coverage of up to ₹ 10 Lakhs for the primary cardholder and ₹ 5 lakhs for all add-on cardholders.
• This credit card is accepted worldwide for online transactions and for purchases made at stores.
• You can apply for this card with no joining fee.
• You get 20 to 51 days of the interest-free period along with a revolving credit facility to make purchases easier.
• For spending ₹ 30,000 in a year, you get a waiver on the annual fees.
• The lowest service charge of 1.50% each month makes it easy for you to manage your revolving credit.

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

Although there is no joining fee, there are some additional charges on this card that you need to be aware of, such as:

• Annual Fees: ₹ 1,000 towards the card against income and ₹ 400 for card against a deposit.
• Add on Card Fee: ₹ 300
• Interest on revolving credit: 1.5% each month which will be increased to 2.95% in case the minimum amount due is not repaid on time.
• Minimum amount due: 5% of your final bill amount.
• Cash advance limit: 50% of your credit card limit, subject to a maximum withdrawal of ₹ 20,000 every month.

You can apply for Andhra Bank Platinum Credit Card online or at your nearest Andhra Bank branch if you fulfil the following conditions:

• The applicant should be an existing customer of Andhra Bank. In case you are not an existing member, the selection process is more stringent.
• An annual income of at least ₹ 3 Lakhs is mandatory in order to be eligible for this card.
• If any proof of income is not available, it is necessary that you have a cash deposit with Andhra Bank. This cash deposit must be a minimum amount of ₹ 1 Lakh. The applicant will be able to get 75% of the amount available as a deposit as the spending limit on the card.