In a move that blends convenience, travel, and everyday savings, IndusInd Bank has announced a new partnership with Ola, one of India’s leading mobility platforms. The collaboration introduces a co-branded credit card designed specifically for frequent commuters and travelers who rely on app-based transport.
This partnership aims to make everyday rides more rewarding while offering additional lifestyle perks, creating a seamless experience for urban users who spend regularly on cab rides, intercity travel, and other mobility services.
A New Era of Smart Mobility Payments
The IndusInd Bank–Ola co-branded credit card is tailored for today’s mobile-first consumers. Whether you’re booking a daily office ride, an airport transfer, or an outstation trip, this card promises instant value back in the form of cashback and rewards.
Unlike traditional travel cards that focus only on flights and hotels, this card expands the category to include urban mobility, reflecting how millions of Indians now move within and between cities.
Cardholders can earn up to 10% cashback on Ola rides and enjoy accelerated rewards on travel, dining, and fuel — three categories that align with the lifestyle of frequent riders and travelers.
Key Benefits of the IndusInd Bank–Ola Credit Card
Here’s a breakdown of what users can expect:
- Up to 10% cashback on all Ola rides booked via the Ola app.
- Bonus rewards on travel bookings, including flights, trains, and bus tickets through Ola Travel.
- 5% cashback on fuel spends at select stations.
- Complimentary Ola Select membership for premium users with higher monthly spends.
- Airport lounge access at major domestic terminals.
- No-cost EMI options on large spends through the Ola app.
These benefits make it a well-rounded option for those who prefer convenience and cashback over complicated reward structures.
Why This Partnership Makes Sense
The collaboration between IndusInd Bank and Ola is more than just a co-branded product — it’s a reflection of how digital ecosystems are merging.
Ola has evolved from being just a cab service to a full-fledged mobility and travel platform offering rides, rentals, intercity cabs, and even holidays through Ola Travel. Meanwhile, IndusInd Bank continues to expand its credit card portfolio with niche offerings that focus on lifestyle, rewards, and digital integration.
By combining these strengths, the two brands are targeting a large and active segment — urban professionals, students, and business travelers who use ride-hailing apps regularly.
With India’s growing reliance on app-based mobility, this partnership comes at the perfect time.
Card Variants and Annual Fee Structure
The IndusInd Bank–Ola Credit Card is expected to come in two variants:
- Ola Platinum Credit Card – Ideal for frequent riders who want the highest cashback rates and additional travel benefits.
- Joining Fee: ₹999 + taxes
- Renewal Fee: ₹999 (waived off on spends above ₹1.5 lakh annually)
- Welcome Benefit: Ola voucher worth ₹500
- Ola Classic Credit Card – A no-fuss version for regular users who prefer simplicity and no high fees.
- Joining Fee: ₹499 + taxes
- Renewal Fee: ₹499 (waived on spends above ₹75,000 annually)
- Welcome Benefit: Ola voucher worth ₹250
Both cards are powered by Visa and come with tap-and-pay contactless technology for faster, secure payments.
Rewards Redemption Made Easy
One of the biggest advantages of this new offering is the simplified redemption system.
Cashback earned on rides and travel bookings gets automatically credited to the user’s Ola Money wallet.
This means users can redeem instantly for future rides or other Ola services — no waiting, no points conversion, no expiry.
For frequent riders, this offers real savings every month, especially for those who spend heavily on daily commutes.
Beyond Ola: Additional Lifestyle Perks
The benefits don’t stop at mobility. IndusInd Bank is integrating this card with its broader lifestyle offers, ensuring users enjoy perks beyond their rides.
- Dining Offers: Up to 20% discount at partner restaurants via EazyDiner.
- Movie Benefits: One complimentary movie ticket each month on BookMyShow.
- Travel Privileges: Exclusive discounts on hotel and flight bookings through Ola Travel.
- Fuel Surcharge Waiver: 1% waiver on fuel transactions between ₹400 and ₹4,000.
This blend of rewards ensures that the card remains valuable even when you’re not booking an Ola ride.
Digital-First Features and App Integration
Staying true to the modern trend of digital banking, this credit card is completely app-integrated.
- Users can apply online through either the Ola or IndusInd Bank app.
- The virtual card is issued instantly upon approval — allowing immediate usage.
- Real-time tracking of cashback, offers, and spend categories is available directly within the Ola app.
This seamless experience eliminates paperwork and makes card management more intuitive, especially for younger customers who prefer mobile-first financial products.
Who Should Apply for This Card?
This card is best suited for:
- Daily Ola users — who book rides for work, college, or personal use.
- Frequent travelers — who use Ola for airport and intercity trips.
- Urban professionals — who value cashback and convenience over complex points.
- Digital natives — who prefer managing everything via mobile apps.
If you’re spending ₹3,000–₹8,000 a month on Ola rides or local travel, this card can generate ₹300–₹800 monthly savings, effectively offsetting its annual fee within the first few months.
The Bigger Picture: Mobility Meets Banking
This partnership represents a growing trend in India — lifestyle-driven co-branded cards.
As consumers seek more personalized financial products, banks are partnering with brands across sectors like travel, food delivery, e-commerce, and entertainment.
The IndusInd–Ola card taps into India’s booming urban transport economy, where millions of users make digital payments for daily travel.
By turning these spends into rewards, both brands aim to strengthen customer loyalty and expand digital payment adoption.
How to Apply
Customers can apply in three simple ways:
- Via Ola App: Go to “Payments” → “Credit Cards” → “Apply Now.”
- Through IndusInd Bank Website: Complete a quick digital form and get instant approval for eligible users.
- By Invitation: Selected Ola users will receive exclusive pre-approved offers via email or SMS.
Once approved, the card details are available instantly in the Ola app, while the physical card is delivered within 7–10 days.
Final Thoughts
The IndusInd Bank–Ola Credit Card is a refreshing and practical addition to India’s growing list of co-branded credit cards. It’s built for convenience, designed around modern commuting habits, and focused on giving real value back to the user.
By combining IndusInd Bank’s financial expertise with Ola’s deep presence in urban mobility, this partnership delivers a truly customer-first product.
For anyone who regularly books rides, travels within cities, or values seamless digital rewards, this card is a worthy addition to your wallet — turning every trip into a little more savings and a lot more convenience.