IndusInd Bank Platinum RuPay Credit Card
IndusInd Bank · Open to apply
A RuPay credit card that works on UPI. It earns 2 reward points per ₹100 on UPI payments and 1 on other spends (0.70 on utilities, insurance, government and education), worth ₹0.35 each as cash credit or ₹0.60 on other redemptions, with a 1% fuel surcharge waiver and travel insurance.
- Annual fee
- ₹0 a year
- Joining fee
- ₹10,000 + GST
- Base rate
- 1 reward point per ₹100 on non-UPI spends: 1 IndusInd Reward Points per ₹100 (about 0.35% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 2 reward points per ₹100 on UPI payments: 2 IndusInd Reward Points per ₹100 (about 0.7% at cash value)
Earns nothing on
- No reward points on fuel
Where the sources disagree
- joining fee: The MITC gives a joining fee of ₹10,000 and nil annual fee; the product page says "No Annual Fees" and the listing advertises a "Lifetime-Free" RuPay card. We use the MITC figure.
Terms the calculator does not value
- Points are earned only on spend up to the assigned credit limit in each statement cycle, and points on spends left unpaid by the next statement are reversed (from 1 Apr 2025).
- IndusInd does not publish the MCCs behind "select merchant categories"; the categories here follow the reward-revision page's list (utilities, insurance, government, education).
Sources
- IndusInd Bank, Platinum RuPay Credit Card page (Product page, the bank's own, read 6 Nov 2026)
- IndusInd Bank, Terms and Conditions, RuPay Credit Card Cash Credit (1 RP = INR 0.35; 2,500 points a month) (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)