Club Vistara IDFC First Credit Card
Air Vistara has teamed up with IDFC Bank to launch the Club Vistara IDFC First Credit Card, designed to make travel more rewarding for frequent flyers. The card has a joining fee of ₹4,999 plus taxes and comes with welcome perks like a free premium economy flight ticket, a class upgrade voucher, and Club Vistara Silver membership. Cardholders earn CV Points on every purchase, which can be used for flight tickets, upgrades, and other travel rewards. They can also earn bonus CV Points by hitting certain spending targets.
In addition to travel benefits, the card also offers lifestyle perks like access to golf courses and dining privileges. However, it’s important to note that IDFC Bank has stopped issuing this card, so new applications are no longer accepted. Existing cardholders can still enjoy the benefits for now.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
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