IndusInd Bank Platinum Credit Card
IndusInd Bank · Open to apply
IndusInd's lifetime-free entry card on Visa or Mastercard. It earns 1.5 reward points per ₹150 (1% in points), worth ₹0.40 each as cash credit or ₹0.60 on other redemptions, with a fuel surcharge waiver and Total Protect fraud cover.
- Annual fee
- Lifetime free
- Joining fee
- None
- Base rate
- 1.5 reward points per ₹150: 1.5 IndusInd Reward Points per ₹150 (about 0.4% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No reward points on fuel
Where the sources disagree
- non-cash redemption value: The product page says both "From 1st January, 2024, the value of non cash redemptions (excluding airmiles) will be 1 RP = Rs.0.50" and, higher up, "From 1st March 2024 ... 1 RP = Rs.0.60". The later date and the bank's revised-values table give ₹0.60, which is used.
- air accident insurance: The Visa page's FAQ still lists "complimentary personal air accident insurance cover of up to Rs. 25 lakhs"; IndusInd discontinued air accident cover on all credit cards from 21 Dec 2025. Not entered.
Terms the calculator does not value
- Welcome gifts (Montblanc, The Postcard, Vouchagram vouchers) are given only on some fee plans, which the bank does not publish; the card's own fee is nil.
Sources
- IndusInd Bank, Platinum Visa Credit Card page (the Platinum Master page has the same terms) (Product page, the bank's own, read 6 Nov 2026)
- IndusInd Bank, Platinum Credit Card Benefit Guide (06-01-2026) (Reward terms, the bank's own, read 6 Nov 2026)
- IndusInd Bank, Terms & Conditions, Platinum Visa / Master Cash Credit (Reward terms, the bank's own, read 6 Nov 2026)
- IndusInd Bank, Redemption against KrisFlyer miles (400 points = 100 miles) (Reward terms, the bank's own, read 6 Nov 2026)
- IndusInd Bank, Platinum Master Credit Card page (Product page, the bank's own, read 6 Nov 2026)