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visaclassiccredit
IndusInd Bank Payback Credit Card
IndusInd Bank
moviesshopping
Annual Fee
FREE
Joining Fee
₹249 + GST
Base Reward
2% points
Foreign Markup
3.5% on all foreign transactions
Interest Rate
3.83% per month
Welcome Benefits
1,000 PAYBACK points after paying the joining fee
Product Highlights
- 1,000 Payback points as a welcome gift
- Complimentary access to PAYBACK Plus membership
- 20 Payback points per Rs. 100 spent on movies
- 5 Payback points per Rs. 100 spent on dining, groceries, and shopping
- 2 Payback points for all other spends
Rewards
20 PAYBACK Points per Rs. 100 spent on movies, 5 PAYBACK Points for groceries, dining, & shopping, and 2 PAYBACK Points on other spends.
Redemption
1 PAYBACK Point = Re. 0.25
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
entertainment | 20%(20 PAYBACK Points per Rs. 100 spent on movies) | No cap |
dining | 5%(5 PAYBACK Points per Rs. 100 spent on dining) | No cap |
shopping | 5%(5 PAYBACK Points per Rs. 100 spent on shopping) | No cap |
other | 2%(2 PAYBACK Points on other spends) | No cap |
Benefits & Features
5 PAYBACK Points for dining
Fees & Charges
Annual FeeFREE
Joining Fee₹249 + GST
Foreign Markup3.5% on all foreign transactions
Interest Rate3.83% per month
Cash Advance2.5% of the advance amount (minimum of ₹300)
Redemption Fee₹100
Eligibility
Available Networks
visa
Pros & Cons
Pros
- High reward rate on movies and dining
- No reward redemption fee
- Complimentary PAYBACK Plus membership
Cons
- No lounge access
- No rewards for fuel transactions
Additional Info
Excluded Categories
fuel