Andhra Bank Signature Credit Card

Andhra Bank Signature Credit Card is launched by Andhra Bank to cater to the needs of the elite. This card comes with a variety of perks such as access to the airport lounge, concierge services, waiver on the fuel surcharge, card loss insurance and even group personal accidental insurance at a nominal premium.

Another benefit of the Andhra Bank Signature Credit Card is that it is EMV Chip and PIN enabled for Point-of-Sale (POS) transactions which provides extra security against card duplication and other fraudulent activities.

The benefits don’t just stop here. You even get 21 to 50 days of interest free period on your purchases. This card works in both India as well as abroad and you can withdraw cash up to 60% of the sanctioned credit limit.

Andhra Bank Signature Credit Card – Features and Benefits

• Revolving credit- This means that you can pay the minimum amount on your credit card and the rest of the amount will be carried forward to the next month and the interest will be charged on the balance at 2.5% per month as long as you meet your minimum due payment.
• Concierge services- This card also provides concierge services that assist you in making restaurant reservations, hotel and flight bookings, etc.
• Points on every transaction- For every Rs. 150 spent using Andhra Bank Signature Credit Card through POS, Internet, IVR and MOTO, you will earn 5 points as a reward.
• Interest Free Credit- The card provides cardholders an interest free period of 21 to 50 days. During this duration, the bank will not levy interest on the amount spent.
• High security- The card has EMV Chip and PIN enabled for Point-of-Sale (POS) transactions. This provides high security against fraudulent activities and duplication.
• Waiver on fuel surcharge- Every time you fill fuel via Andhra Bank Signature Credit Card, the surcharge on fuel of up to 4000 is waived off.
• Accidental Insurance Coverage- Primary cardholders also get an option of group personal accident insurance coverage of up to Rs. 30 lacs. The add-on cardholder too gets the same amount of coverage but at a nominal insurance premium which will be chargeable to the cardholder w.e.f from 01.11.2012.
• Ease of payment- To make it convenient for its customers, the bank has come up with multiple payment methods. Cardholders can choose to pay the billed amount via cheque or demand draft at any branch of the bank. He or she can also choose to pay via their debit cards at any of the bank’s ATM, although they need to register for this facility with the bank first. Another way to pay your dues without any hassle is to create a standing instruction with the bank on the due date which automatically debits the amount to be paid from your account on the due date.

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

Andhra Bank Signature Credit Card – Eligibility Criteria

• The applicant must be between 21 and 70 years of age.
• You need to be an Andhra bank customer. Non customers are provided credit cards on a selective basis.
• Your annual income needs to be at least Rs. 10.00 lakhs per annum.
• In case you are unable to provide an income proof or have low credit score, you can still get these cards against lien on term deposit with 25% margin.

Andhra Bank Signature Credit Card – Documentation

• Duly filled credit card application form
• 2 Passport size colour photographs
• Latest Income Tax Returns for 2 years / Form – 16 / Salary Slip
• Proof of address
• Proof of Identity
• A copy of PAN card