Vistara and Axis Bank introduced a co-branded Forex card that can charge up to 16 currencies. In this attempt, they are grateful to unite with Vistara to launch the ‘Axis Bank Club Vistara Forex Card’, focused on providing the Indian globetrotter in having advantages with a truly rewarding experience.
The airline mentioned that the card has fixed exchange rates and the cardholder can earn 3 reward points on Club Vistara for every USD 5 or an equal amount spent. Club Vistara (CV) is the airline’s quick flyer program. Club Vistara is India’s quickly-rewarding frequent flyer program that offers four levels of membership – CV Base, CV Silver, CV Gold, and CV Platinum. Customers also get a reward of 500 CV points as a Welcome Bonus during logging in (for the Forex card) process. The product as an integral part of the travel experience, and is continuously recasting to increase value for their customers. The Forex card can charge up to 16 currencies and has other emergency situation services like loss of passport assistance through TripAssist and insurance of amount up to ₹ 3 lakh. Currently, Club Vistara members can receive and regain CV Points while traveling on other airlines such as Singapore Airlines, Japan Airlines, Silk Air, and United Airlines.
Vistara’s Chief Commercial Officer Vinod Kannan mentioned that the company is grateful to be the first Indian airline to bring a co-branded Forex card. Their broader strategy of forming more partnerships with similar brands to offer maximum choice and advantages to their customers. Ravi Narayanan, President, and Head Branch Banking, Retail Liabilities and Products, Axis Bank stated that one can shop, travel, dine and explore their international trips without worrying about high exchange rates and transaction charges, and also earn reward points on the same. He expressed confidence that the Forex card will be valuable inclusion to the bank’s growing portfolio of products and an attractive proposition for customers. The reward base of this card is designed to offer flexibility & safety to the customer. Customers can choose to preserve balance on the card, convert it to another currency for their next holiday, or encash the amount.
