Andhra Bank
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Toll Free Number: 1800 425 1515

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Know about Andhra Bank Credit Cards
 
 Salient Features Of Our Credit Card
  • Wide Acceptance at all VISA and Master Card affiliations
  • Cards are issued against a minimum Annual Proven Income of Rs 1.80 lacs
  • Credit Cards are also issued against lien on Deposits, without Income proof
  • Sanctioning of Credit Cards and Card Limit is at the discretion of the Bank
  • 2 Add-on cards to Spouse/Parents/Major Children are available
  • Cash advance facility at 50% on the Card Limit subject to ATM daily cash withdrawal Limit of maximum Two transactions or Rs 20,000/- per day
  • W.E.F 01-08-2016 Cash advance charges at 3% of the withdrawn amount (Minimum Rs. 150). Interest is chargeable @ 3 % pm from the date of amount withdrawn to billing date. Failure to pay the dues on due date, regular service charges are applicable as per the card variant.
  • Global acceptance for Visa Platinum, Visa Gold, Visa Corporate, Visa Classic and Master Card
  • Minimum Payment Due (MPD) is 5% of the bill amount
  • No admission fee.
  • No Annual subscription in the first year
  • No Annual subscription levied in the subsequent years, if a minimum of Rs. 18,000/- is spent by using Visa Classic and Master Cards ; Rs.23,000/- in case of Gold Cards and Rs.30,000/- or 18 transactions in the previous year for VISA Platinum Card
  • No ATM Charges for cash withdrawals at any of Andhra Bank ATMs
  • No finance charges (i.e free credit period allowed on all fresh purchases)
  • Low annual subscription from second year onwards.
  • Free Credit Period of 21 to 50 days even under rollover Option
  • Free Lost Card Insurance Cover
  • SMS alerts are sent to the Registered Mobile on all purchases, billing amount, credits received, cards blocked, Renewal Cards sent etc.,
  • Soft copy of Monthly Bill is sent to the registered E-mail ID
  • Group Personal Accident Insurance Coverage at a nominal Premium chargeable to the cardholder with effect from 01.11.2012
Click here for details on INSURANCE CONSENT FORM 

Service Charges : @2.50% p.m on the unpaid balance, if Minimum Payment due received by due date

@ 2.95% p.m. in case Minimum payment due is not made by due date.

Fees, charges and Terms & Conditions are detailed in MITC (Most Important Terms and Conditions)

 Signature Credit Cards:
Salient features of Signature Credit Cards: 
  • Airport lounge access in selected airports for a nominal fee of US$27.00.
  • Offers & discounts in Travel, Dining, Retail & Entertainment on season to season basis provided by Visa.
  • Chip & PIN protected to provide additional security.
  • Easy utility bill payment facility through Visa Bill Pay.
  • Minimum Card Limit is Rs 2,00,000/-
  • Lost card Insurance coverage up to Rs 1.50 lacs
  • Service charges at 2.00 % under Roll over facility.
  • W.E. F. 01-08-2016 Cash Advance charges at 3% of the withdrawn amount (Minimum Rs. 150). Interest is chargeble @ 3 % PM from the date of amount withdrawn to billing date.
  • No surcharge on fuel purchases up to Rs 4,000/- per day
  • No Annual subscription charges from second year onwards if card usage is Rs 2.70 lacs in a year
  • Year-end account summary statement with details of activity wise spending pattern to card holders.
  • Concierge Services of VISA International, the worldwide 24*7 customer service would be extended through their Global Toll Free numbers to assist for Travel, Hospitality and on Emergency cash assistance etc. For information visit http://www.visa.co.in/signature/index.shtml.
  • Option of Group Personal Accident Insurance Coverage up to Rs 30 lacs to the Main cardholder and Addon card holder, at a nominal Insurance premium, chargeable to the cardholder @1401 per card. 
Eligibility Criteria, Terms and conditions:
  • Cards are issued to customers. To Non customers on selective basis
  • Income Eligibility is Rs 10.00 lacs & above per Annum
  • Cards are also issued against lien on Fixed Deposit with 25% margin without insisting for Income Proof & Scoring Model. 
  • The features, charges, Terms & Conditions are detailed in Annexure-I
Documents to be submitted along with application:
  • Application for credit card with complete information 
  • Two Passport size Colour Photographs
  • Scoring model [ to be signed by Branch Manager]
  • 2 Years latest Income Tax Returns OR Form – 16 & Latest Salary Slip 
  • Pan Copy
  • ID Proof as per KYC norms if PAN copy is not submitted
  • Proof of address   
 
Special features of Platinum Credit Cards :
  • No Admission Fees
  • No Annual Subscription in the First year, and if used for 18 transactions or value of Rs 30,000/- in a year in the successive years
  • No surcharge on fuel purchases up to Rs 2,000/- per day
  • Service charges at 2 % under Roll over facility
  • W.E.F. 01-08-2016 Cash Advance charges at 3 % of the withdrawn amount (Minimum Rs. 150). Interest is chargeable @ 3 % PM from the date of amount withdrawn to billing date.
  • A year-end account summary statement with details of activity wise spending pattern as per VISA mandate.
  • Concierge Services of Visa International, the worldwide 24x7 customer service would be extended through their Global toll free numbers to assist for Travel, Hospitality and on emergency cash assistance etc. For information visit http://www.visa.co.in/platinum/.
  • VISA International Merchant offers on Platinum cards are available on these cards also
  • Option of Group Personal Accident Insurance Coverage up to Rs 10 lacs to the Main cardholder and Rs 5 lacs to the add-on cardholder, at a nominal Insurance premium, chargeable to the cardholder, is with effect from 01.11.2012.

    Click here For details on Insurance Premium and

    Click here to download Consent forms
 
  Eligibility Criteria, Terms and conditions:
  • Cards are issued to customers. To Non customers on selective basis
  • Income Eligibility is Rs 3.00 lacs per Annum
    For Business class …. 2 years I.T.Returns with computation sheets
    For Salaried class …. Form 16 / ITRs with latest Salary slip.
  • Cards are also issued against lien on Deposit with 25% margin and the minimum Deposit is Rs 1,00,000/- without insistence of Income Proof & Scoring Model. The annual subscription is at a concessional rate of Rs 400/- per annum for cards issued against Deposits. Documents to be submitted along with application:
    • Application for credit card with complete information
    • Two Passport size Colour Photographs
    • Latest Income Tax Returns/ Form – 16 / Salary Slip
    • Proof of address, ID Proof, Pan Copy as per KYC norms
 
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