About IndusInd Bank Platinum Credit Card
The IndusInd Platinum Credit Card is a rewards card available on Visa and RuPay networks. You earn reward points on every purchase, which can be used for airline miles, cashback, or products and vouchers from the bank’s rewards catalogue.
Although it is promoted as a rewards and lifestyle card, it does not offer many benefits compared to other entry-level cards. The card gives a low reward rate of 0.40%, so you earn only a small number of points on your spends.
You can convert points to KrisFlyer Miles at a 4:1 ratio, but because of the low earning rate and limited airline options, the savings are not very high. The card also gives welcome vouchers from brands like Postcard Hotel and Montblanc, but these alone may not be enough to make this card worthwhile.
IndusInd Bank Platinum Credit Card Rewards Program
Rewards Program
- Earn 1.5 reward points for every ₹150 spent.
- Redeem points for cash credit at 1 RP = ₹0.40.
- Redeem points for products or vouchers at 1 RP = ₹0.60 (except for airline miles).
- Convert 400 reward points into 100 KrisFlyer Miles.
- Use points for items from the IndusMoments rewards catalogue or Pay with Rewards option.
Other Features and Benefits
Welcome Benefits
Get Luxe gift cards and vouchers from top brands like The Postcard Hotel, Montblanc, Amazon, Flipkart, Apollo Pharmacy, Uber, Ola, Pantaloons, Bata, and more. These are available only on the paid variant of the card after paying the joining fee.
Travel Insurance Coverage
- Lost baggage: ₹1,00,000
- Delayed baggage: ₹25,000
- Loss of passport: ₹50,000
- Lost ticket: ₹25,000
- Missed connection: ₹25,000
- Air accident cover: Up to ₹25,00,000
- Total Protect plan: Up to 100% of your credit limit for card loss or theft
Fuel Benefits
- 1% fuel surcharge waiver on all petrol pumps in India
- Applicable on transactions between ₹500 and ₹3,000, capped at ₹100 per month
Fees and Charges
| Fee Type | Amount |
|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.95% p.m. (47.40% p.a.) |
| Late Payment Charges | | For Statement Balance: | Amount | | Up to Rs. 100 | Nil | | Rs. 101 to Rs. 500 | Rs. 100 | | Rs. 501 to Rs. 1,000 | Rs. 350 | | Rs. 1,001 to Rs. 10,000 | Rs. 550 | | Rs. 10,001 to Rs. 25,000 | Rs. 800 | | Rs. 25,001 to Rs. 50,000 | Rs. 1,100 | | More than Rs. 50,000 | Rs. 1,300 |
|
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Document Required For IndusInd Bank Platinum Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
IndusInd Bank Platinum Credit Card Highlights
What do we like about this card?
- Lifetime free credit card
- Earn reward points on all transactions, including UPI spends (RuPay variant)
- Redeem points for cashback, airline miles, or rewards catalogue items
- Fuel surcharge waiver on petrol purchases
- Welcome gift vouchers from top brands
- Travel insurance coverage up to ₹25 lakh
Things to Know Before you apply
Get this card if:
- Lifetime free credit card with basic benefits
- Earn reward points instead of cashback
- Flexible redemption options: cash credit, air miles, or rewards catalogue
- Extra rewards on UPI transactions (for RuPay variant)
Pros
- Welcome gift vouchers and gift cards from top brands
- Earned rewards can be converted to airline miles at a 1:1 ratio
- Fuel surcharge waiver on all petrol pumps
Cons
- Low reward rate of 0.40% on all spends
- No travel benefits such as lounge access
- No milestone or bonus rewards offered
IndusInd Bank Credit Card Contact Details
- Contact Address: IndusInd Bank Ltd. 701, Solitaire Corporate Park, 167 Guru Hargovindji Marg, Andheri East, Mumbai – 400093, Maharashtra, India
- Helpline: 1860 267 7777 (accessible from most Indian cities)
- Simply SMS: SMS Indulge to 5676757 for details or callback requests
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Frequently Asked Questions
This is an entry-level card that gives reward points on spends, welcome vouchers from top brands, and a 1% fuel surcharge waiver on petrol transactions.
Yes. With the IndusInd Platinum RuPay Card, you earn 2 reward points per ₹100 on UPI spends and 1 reward point per ₹100 on non-UPI transactions.
No, reward points are not earned on fuel transactions. However, you get a 1% fuel surcharge waiver on spends between ₹500 and ₹3,000 at petrol pumps, capped at ₹100 per month.
It doesn’t provide exclusive travel perks, but you can redeem reward points for airline miles at 400 points = 100 KrisFlyer Miles, helping save on travel.
No, this card does not offer lounge access.
Yes, it’s a simple, lifetime free card suitable for beginners who want to earn rewards and manage basic credit benefits.
You can contact the bank directly or apply through platforms like Paisabazaar.com by filling out the online application form.
