IDFC FIRST Bank partners with Club Vistara and Mastercard to launch travel credit card
Indian banking company IDFC FIRST Bank, in partnership with Club Vistara, the the frequent flyer program of Vistara airline, and Mastercard, has announced the launch of a new travel credit card.
This move underlines a joint commitment to offering enhanced value and advantages to customers. The co-branded credit card aims to enrich travel experiences, encouraging cardholders to begin their journeys with confidence and style.
The newly launched card is designed to meet the evolving needs of modern travellers, melding convenience with security to improve travel experiences. Cardholders can look forward to a range of benefits, from exclusive airport lounge access and complimentary flight tickets to accelerated reward points, providing a comprehensive solution tailored for frequent flyers and travel enthusiasts.
IDFC FIRST Bank launches new co-branded card with Club Vistara and Mastercard to elevate travel experience. Photo courtesy of Business Wire India/IDFC FIRST Bank.
Madhivanan Balakrishnan — IDFC FIRST Bank COO and Executive Director said: “This card will redefine the way people travel, offering a range of exclusive benefits and rewards that cater to the diverse needs of modern travellers. The launch of this co-branded credit card demonstrates our commitment to bring convenience and value to our customers and we are excited to partner with Club Vistara, a leading name in the aviation industry.
“We are confident in this partnership’s ability to deliver unmatched value and elevate the travel experience for our esteemed customers.”
Joining benefits of the card include a free Premium Economy flight ticket, along with an upgrade voucher. The card offers best-in-class rewards in the form of CV Points across all spending categories. This includes 6 CV Points per Rs. 200 for spends up to Rs. 1 lakh per month and 4 CV Points per Rs. 200 for spends exceeding Rs. 1 lakh per month. Mandatory spends such as fuel, insurance, utility, rent, and wallet load (excluding EMI payments) will earn 1 CV Point.
Cardholders can also unlock several activation offers. Spending Rs. 30,000 each month for the first three months will earn 2000 CV Points each month. Furthermore, cardholders can unlock free tickets based on their cumulative annual spending on the card.
Additional benefits include complimentary golf services, insurance coverage for non-refundable components of any travel booking, 10X CV Points on dining spends on birthdays, and access to domestic and international airport lounges.
Applications for the Club Vistara IDFC FIRST Credit Card can be made through the bank’s website or mobile application. This initiative aligns with IDFC FIRST Bank’s commitment to introducing innovative products and services that respond to its customers’ evolving needs.
The launch of this credit card underscores another significant step in the bank’s journey towards delivering unparalleled convenience, value, and delight to its expanding customer base.
Deepak Rajawat — Vistara Chief Commercial Officer said: “Being a pioneering brand that introduced many industry-first initiatives to the Indian aviation market, we are delighted to partner with IDFC FIRST Bank and Mastercard to offer this new, unique credit card to our customers. With its travel benefits and features, this new offering reiterates our commitment towards creating a distinguished experience for our customers.”