IndusInd Bank
IndusInd Bank Platinum Credit Card
Annual Fee
Lifetime FreeBase Reward
1.5% points
Foreign Markup
3.5% of the transacted amount.
Welcome Benefits
N/A
Product Highlights
- 1.5 reward points on every ₹150 spent
- Complimentary air accidental death cover of up to ₹25 lakh
- 1% fuel surcharge waiver
- 24*7 concierge services & auto assist
Category Rewards
utilities
1.2 RPs per ₹150 spent
1.2X
Specialty
1.5 RPs per ₹150 spent
1.5X
Reward Calculator
Earns ₹750/year (net)
Modest gain. Solid hold if you like the perks.
₹25K
across all your buckets
3K
IndusInd Reward Points
₹750
via statement credit · ₹0.25/pt
Effective rate
0.25%
Annual fee
FREE
Year 1 net
+₹750
Year 2+ net
+₹750
ongoing
Adjust your spend by reward bucket
1 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
You earn 1.5 reward points on every ₹150 spent on this card (except on fuel). You can earn 1.2 reward points on every ₹150 spent on select merchant categories like utility bill payments, insurance premium payments, etc.
- 1 RP = ₹0.40 while redeeming points against cash. For non-cash redemption, 1 RP = ₹0.60.
Benefits & Features
N/A
Pros & Cons
Pros
- Generous reward rate of 1.5 RPs per ₹150 spent
- Complimentary air accidental death cover
- Fuel surcharge waiver
Cons
- No rewards on fuel purchases
- No movie and dining benefits
- Joining fee is nil but annual fee is also nil
Additional Info
You can redeem a maximum of 2,500 reward points for cash credit in a billing cycle.
Excluded Categories
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Fees & Charges
Eligibility
Networks