*Please note quotes shown will be from Our Partners

Credit Card

Andhra Bank offers multiple varieties of banking products, ranging from loans to savings accounts and depository products to cards. Each product offered by Andhra Bank has been designed to suit the requirements of multiple individuals. For the Credit Card segments , Andhra bank offers a bouquet of products , wherein customer may opt for a card of their own choice .Starting form a VISA Classic card  and ending on a exclusive Platinum Credit Cards, Andhra bank has all that one can ask for and more so that the banking experience of every individual is most satisfactory.

The variants of credit card offered by Andhra Bank are

  1. VISA Classic
  2. VISA Gold
  3. MasterCard
  4. MasterCard Electronic
  5. Visa – Corporate
  6. Platinum Credit Cards
  7. Signature Credit Cards

Visa Classic Card

  • A globally valid credit card without any enrollment charges.
  • Nil Annual subscription charges for the first year              
  • Waiver on annual fees subject to annual spending of Rs. 18,000/-
  • Nil ATM cash withdrawal Charges at Andhra Bank ATMs
  • Buffer period of twenty one days to fifty days is allowed on all fresh purchases during which no finance charges shall be levied.
  • Free credit period valid even for rollover Option
  • Insurance cover for lost credit card at no extra cost.
  • SMS alert facility for all transaction such as purchases done, billing amount, any credit received, cards blocked, Renewal Cards etc on the registered mobile number.
  • Monthly email statement to keep a track on spending and bill payments done.
  • Personal Accident cover at a very titular Premium.
  • Minimum Payment Due amount is 5% of the gross bill amount.
  • 2 Add- on card available for Spouse/Parents/Major Children.
  • Apart from the spending limit, customer may avail the benefit of Cash advance facility.
  •  Nominal charges for cash advance @ 3 %of the withdrawn amount. No extra charges applicable for payments done with due date.

In case the minimum amount is not paid within due date, then the service charges is applied @ 2.95% per month.

VISA Gold Credit Card

  • A globally valid credit card with exclusive features and reward earning offers.
  • Available only on request and subject to Gross annual Income INR 2.40 Lacs.
  • No enrollment charges &Nil Annual subscription charges for the first year           
  • Waiver on annual fees subject to annual spending of Rs.23,000/-
  • Nil ATM cash withdrawal Charges at Andhra Bank ATMs
  • Free credit period for payment valid even for rollover Option
  • Insurance cover for lost credit card at no extra cost.
  • SMS alert facility for all transaction on the registered mobile number.
  • Monthly email statement to keep a track on spending and bill payments done.
  •  Personal Accidental Insurance is also offered on optional basis at a nominal Premium.
  • Minimum Payment Due amount is 5 percent of the bill amount generated for the previous month.
  • 2 Add- on card available for Spouse/Parents/Major Children.
  • Nominal charges for cash advance @ 3 %of the withdrawn amount. No extra charges applicable for payments done with due date.
  • In case the minimum amount is not paid within due date, then the service charges is applied @ 2.95% p.m..
MasterCard Credit Card
  • A globally valid credit card without any enrollment charges.
  • Offered only to salaried individual with Gross monthly Salary Rs.15,000/- or Non salaried individual with Gross annual earnings Rs.1.80 Lakh P.A.
  • Nil Annual subscription charges for the first year              
  • Waiver on annual fees subject to annual spending of Rs 18,000/-
  • Nil ATM cash withdrawal Charges at any of AB ATMs.
  • Buffer period of twenty one days to fifty days is allowed on all fresh purchases during which no finance charges shall be levied.
  •  Free credit period valid even for rollover Option
  • Insurance cover for lost credit card at no extra cost.
  • SMS alert facility for all transaction on the registered mobile number.
  • Monthly email statement to keep a track on spending and bill payments done.
  • Personal Accident Insurance Coverage at a very marginal Premium.
  • Minimum Payment Due amount is 5 percent of the bill amount generated for the previous month.
  • 2 Add- on card available for Spouse/Parents/Major Children.
  • Nominal charges for cash advance @ 3 %of the withdrawn amount. No extra charges applicable for payments done with due date.

In case the minimum amount is not paid within due date, then the service charges is applied @ 2.95% p.m.

MasterCard Electronic Credit Card

  • An electronic credit card issued against lien over Fixed Deposits with 25% margin.
  • The Minimum deposit amount is INR 10, 000/-
  • Exceptional reward point scheme on every spend through the Andhra bank MasterCard Electronic Credit Card.
  • No separate income proof required for E- card.
  • No enrollment charges & Nil Annual subscription charges for the first year          
  • Waiver on annual fees subject to annual spending of Rs.18,000/-
  • Buffer period of 21 to 50 days is allowed on all fresh purchases during which no finance charges shall be levied.
  •  Free credit period for payment valid even for rollover Option
  • SMS alert facility for all transaction such as purchases, billing amount, credits received, cards blocked, Renewal Cards etc on the registered mobile number.
  • Monthly email statement to keep a track on spending and bill payments done.
  • Group Personal Accident Insurance Coverage offered to on optional basis at a nominal Premium.
  • Minimum Payment Due amount is 5% of the bill amount generated for the previous month.
  • 2 Add- on card available for Spouse/Parents/Major Children.
  • Apart from the spending limit, customer may avail the benefit of Cash advance facility wherein the limit for cash with advance is 50% of the Card Limit.
  • Nominal charges for cash advance @ 3 %of the withdrawn amount. No extra charges applicable for payments done with due date.
  • Service Charges is applicable @2.50% per month on the due balance.
  • In case the minimum amount is not paid within due date, then the service charges is applied @ 2.95% p.m..

Visa – Corporate Credit Card

  • A credit card designed with all unique proportion to meet the requirements of corporate customers.
  • Available exclusively for any reputed Public or Private Ltd Company of Net Worth higher than INR 25.00 lacs.
  • A host of other value added services is offered for corporate credit card as compared to other credit cards.
  • Globally accepted and premium benefits of reward points are offered for this credit card.
  • A year-end consolidated account statement with summary details of spending pattern is provided to customer.

Platinum Credit Cards

  • Andhra Bank offers laudable possession for its credit card customer in the form of VISA Platinum credit card.
  • The features of Platinum Credit Card are exclusively crafted for affluent individuals to enjoy bouquet of benefits offered globally by Visa International.
  • Nil Admission Fees & waiver on annual subscription in the First year. Additionally Zero surcharge on card used for fuel purchases for amount 2000/- per day
  • Lowest Service charges & Cash Advance charges @1.50 % and  2.00% respectively ,under Roll over facility
  • A year-end statement of spending done.
  • Global 24x7 Concierge Services is offered by Visa International for any assistance during Travelling, or any emergency cash assistance etc.
  • All VISA International Merchant offers are available for Andhra Bank Platinum cards holders.

Signature Credit Cards

  • A premium credit card offered with splendid features and best-in-class services in travel and living, dining and lifestyle needs.
  • Premium access to Selected Airports lounges across for a marginal fee of USD 27.00.
  • Laudable Offers & discounts for card used for Travelling, Dining or purchase towards Retail & Entertainment provided by Visa.
  • Minimum eligibility amount is INR 10.00 lacs Per Annum.
  • Dual security offered through Chip & PIN protection.
  • Simple and hassle free bill payment facility vide Visa Bill Pay.
  • Elite Concierge service from VISA to make travelling a more pleasant through various assistance channels globally.

Documents required

  1.  For Individual – Salaried
  1. Duly filled Credit card Application form with complete information
  2. Two Passport size Color Photographs
  3. Proof of Residence such as voter’s identity card or passport or landline telephone bill or driving license, tax receipt copy / demand notice, electricity bill, landline Telephone Bill etc.
  4. ID Proof such as Passport, Voter’s ID card, Aadhar Card or Pan Card Copy.
  5. Income Proof such as salary slip / certificate and Form 16 or Income Tax Return.
  1. For Individual – Self Employed
  1. Duly filled Credit card Application form with complete information
  2. Two Passport size Color Photographs
  3. Proof of Residence such as voter’s identity card or passport or landline telephone bill or driving license, tax receipt copy / demand notice, electricity bill, landline Telephone Bill etc.
  4. ID Proof such as Passport, Voter’s ID card or Pan Card Copy.
  1. 2 years I.T.Returns with computation sheets & Form 16
  1. For Corporate Credit Card
  1. Apart from the Individual KYC, Last 2 years audited balance sheet or Board Resolution copy or Memorandum of Association and Articles of Association or PAN Copy, etc.

                                                   

Fees and Charges for the credit cards

Description of charges

Charges payable

Admission Fee

NIL

Annual Subscription Fee for the main card

VISA Classic or MasterCard – Rs.550

VISA Gold Card – Rs.1000

Student Card – Rs.450

ICFAI Student Card – Rs.350

MasterCard Electronic Card – Rs.200

Annual Subscription for add-on cards

VISA Classic or MasterCard – Rs.200

VISA Gold Card – Rs.400

MasterCard Electronic Card – Rs.150

Cash withdrawal charges from Andhra Bank ATMs or branches

3% of the amount withdrawn

Cash withdrawal charges at other bank’s ATMs

3% of the amount withdrawn + Rs.50 for cards affiliated with VISA and Rs.70 for cards affiliated with MasterCard

Balance Enquiry charges at Andhra Bank ATMs

NIL

Balance Enquiry charges at other bank ATMs

Rs.30 per enquiry

Service charges on rollover credit

2.50% per month or 34.43% per annum of the outstanding balance if the Minimum Payment Due is paid within the due date

2.95% per month or 41.75% per annum of the outstanding balance if the Minimum Payment Due is not paid within the due date

Free credit period

21 days to 50 days depending on the purchase date

Late payment charges if the amount paid is less than the Minimum Amount Due and payment is not received within the due date

Rs.200 for outstanding below Rs.5000

Rs.300 for outstanding between Rs.5000 and Rs.15000

Rs.400 for outstanding above Rs.15, 000

Cheque return charges

Rs.50 per cheque returned if the cheque amount is less than Rs.5000

Rs.100 per cheque returned if the cheque amount is higher than Rs.5000

Outstation cheque collection charges

Rs.10 per thousand or part thereof + Rs.25 out-of-pocket expenses

Lost card charges

Rs.200 levied on intimation of the loss

Lost card replacement charges

Rs.200 levied at the time of issue of the new card

Broken card replacement charges

Rs.200

Charge Slip request

Rs.100 per charge slip

Transaction fee on railway tickets

2.50% on the amount of charge slip

Surcharge on transaction at petro, pumps

Nil if fuel is purchased at select HPCL outlets using the Andhra Bank or ICICI Bank EDC machine subject to a maximum spend of Rs.3000 per day

2.50% of the charge slip amount subject to a minimum of Rs.10 per transaction for transaction at all other outlets

Service tax + Education Cess

12.36% per annum applicable on all the above charges

Foreign currency transaction mark-up

3% applicable for international transactions only

 

Applying for the cards

Any of the above-mentioned cards can be applied online using the Paisabazaar.com website.

Andhra Bank Credit Card Customer Care

Andhra Bank Credit Card users can get in touch with the bank’s customer care via call or email.

Here are the details:

Andhra Bank credit card customer care toll free number: 1800 425 1515

Andhra Bank credit card customer care Email ID: customerser@andhrabank.co.in

Andhra Bank credit card customer care mailing address:

5-9-11, Dr Pattabhi Bhavan, 
Secretariat Road, Saifabad 
Hyderabad 500 004. Telangana
Ph:  040- 23252000

For more info, please visit the given link:

Get Free Credit Report