Indian Bank Visa Platinum Credit Card
Indian Bank · Open to apply
Indian Bank's own Visa Platinum credit card, with no joining fee, a Rs.250 annual fee from the second year (waived above Rs.50,000 of spend), a low 1.66% monthly interest rate and Re.1 of cashback for every Rs.100 spent.
- Annual fee
- ₹250 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- Re.1 cashback for every Rs.100: 1 Cashback (reward points at Re.1) per ₹100 (about 1% at cash value)
- Lounges
- None on record
- Forex markup
- 3%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No cashback on wallet loads, EMI transactions or ATM withdrawals
Terms the calculator does not value
- The 2025 rewards poster ("IB Credit Card") pictures the Visa and RuPay Platinum cards, so its terms (Re.0.50 per Rs.100 on rent, utilities, fuel, insurance, jewellery and government spends; no cashback on wallet loads, EMI, ATM withdrawals and UPI payments below Rs.2,000) are applied to this card. The poster is a January 2025 leaflet that does not say which variants it covers; the MITC (2026) carries no reward terms and the poster's "etc." is not defined.
Sources
- Indian Bank credit card Most Important Terms and Conditions (PDF created 2026-09-27) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Indian Bank credit card features and benefits (two-page card sheet) (Product page, the bank's own, read 6 Nov 2026)
- Indian Bank poster: Get rewards for every spent with IB Credit Card (PDF, 2025-01-24) (Reward terms, the bank's own, read 6 Nov 2026)
- Indian Bank credit cards page (Product page, the bank's own, read 6 Nov 2026)