"IndusInd's mid-range all-rounder โ rewards on utilities, insurance and government spends (rare), 2 domestic lounge visits per quarter and low 1.8% forex markup"
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Quick Summary
๐ณ Joining Fee
โน500 + GST (often LTF for select customers)
๐ Renewal Fee
โน500 + GST
Waived: Annual fee waived on spending โน2 lakh or more in the anniversary year
๐ฏ Best Suited For
Regular spenders who make significant utility, insurance and government payments and want to earn rewards on these categories; those wanting low forex markup and lounge access at an entry fee
๐ Reward Type
Reward Points (1 RP = โน0.40 for cash credit; transferable to Krisflyer and other airline partners)
๐ Welcome Benefit
Check current welcome offer on IndusInd Bank website
๐ฐ Reward Rate
2 RPs per โน100 on all domestic and international retail spends; earns on utilities, insurance, government, education โ categories excluded by most cards; excludes fuel and cash advances; RPs valid 3 years
โ๏ธ Lounge Access
2 complimentary domestic airport lounge visits per quarter on spending โน25,000 in preceding quarter
Earns rewards on utilities, insurance, government, education โ rare feature
Low 1.8% forex markup
2 domestic lounge visits per quarter
Buy 1 Get 1 movies
15% off at 2,500+ restaurants
Air accident cover โน25 lakh
Krisflyer mile transfer 1:1
Low โน500 fee with easy โน2L waiver
โ Cons
Base reward rate 0.5% is average
Cash credit capped at 2,500 RPs per billing cycle
High interest rate 3.83% per month
New June 2026 fuel charge above โน30K
Redemption fee โน100 + taxes
Lounge requires โน25K quarterly spend
๐ Rewards & Benefits
Reward Type
Reward Points (1 RP = โน0.40 for cash credit; transferable to Krisflyer and other airline partners)
Welcome Benefits
Check current welcome offer on IndusInd Bank website
Reward Rate
2 RPs per โน100 on all domestic and international retail spends; earns on utilities, insurance, government, education โ categories excluded by most cards; excludes fuel and cash advances; RPs valid 3 years
Reward Redemption
IndusInd IndusMoments portal: cash credit at 1 RP = โน0.40 (max 2,500 RPs per billing cycle); Krisflyer miles 1:1; merchandise; vouchers; redemption fee โน100 + taxes
Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations on transactions โน400 to โน4,000
Lounge Access
2 complimentary domestic airport lounge visits per quarter on spending โน25,000 in preceding quarter
Spend Based Fee Waiver
Annual fee waived on โน2 lakh annual spend
Milestone Benefits
Annual fee waiver on โน2L spend; bonus RPs on annual spend milestones
Other Benefits
Rewards on utilities, insurance, government, education (rare); low 1.8% forex markup; 2 domestic lounge visits per quarter; Buy 1 Get 1 movies via BookMyShow; 15% off at 2,500+ restaurants via dining programme; air accident cover โน25 lakh; travel insurance (lost baggage, delayed baggage, missed connection); Roadside Auto Assist; Krisflyer transfer partner
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Air accident cover โน25 lakh; travel insurance; zero card liability
Add-on Cards
Add-on cards for family
Concierge Services
Details coming soon
Special Offers
Rewards on utilities and government; 1.8% forex; 2 lounge visits per quarter; BOGO movies; dining 15% off
๐ณ Fees & Interest Rates
Joining Fee
โน500 + GST (often LTF for select customers)
Annual Fee / Renewal Fee
โน500 + GST โ Waived on: Annual fee waived on spending โน2 lakh or more in the anniversary year
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.83% per month (45.96% per annum)
ATM Cash Withdrawal / Cash Advance
2.5% of withdrawn amount, minimum โน300
Late Payment Charges
As per IndusInd Bank prevailing slab
Over Limit Charges
2.5% of overlimit amount
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
From June 15 2026: 1% fee on cumulative fuel spends above โน30,000 per statement cycle; redemption fee โน100 + taxes; cash credit capped at 2,500 RPs per billing cycle; lounge requires โน25K quarterly spend
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 21+ years; salaried or self-employed; minimum monthly income โน25,000; Indian resident
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