IndusInd Platinum Credit Card
- Best For: Lifestyle
- Life Time Free Card
- Earn 1.5 Reward Points
- Earn 1.5 Reward Points
- 1% fuel waiver charge
- Get 10% instant discount
The IndusInd Platinum Credit Card is a popular option from IndusInd Bank that comes in two main types—Visa/Mastercard and RuPay. It is designed for people who want a basic credit card with essential features like cashback, rewards, and fuel benefits. One of the main highlights of this card is that it is available as a lifetime free card, especially in the RuPay version. This makes it attractive to new users or those who don’t want to pay annual fees.
The Visa/Mastercard version offers a flat reward rate and a few insurance benefits. On the other hand, the RuPay variant is ideal for people who often make UPI payments, as it gives better reward points on UPI transactions. Both cards come with basic benefits like a fuel surcharge waiver and personal accident insurance. However, they do not offer luxury features like airport lounge access or travel discounts.
This card is a good choice for people who want a no-frills credit card for everyday use. It offers decent rewards for regular spending, especially if you use UPI often. In this review, we will explore the main features, benefits, and drawbacks of the IndusInd Platinum Credit Card to help you decide if it’s the right card for you.
About IndusInd Platinum Credit Card
- LIFETIME FREE CARD – No Joining Fees | No Annual Fees
- Earn 1.5 Reward Points (1 Reward Point= Rs 0.65) on every Rs 150 spent
- Great discounts on Ajio, Swiggy, PVR, Lifestyle, EazyDiner and more!
- 1% fuel waiver charge on all petrol pumps across India
- Get complimentary ICICI Lombard Travel insurance under the Platinum Travel Plus
Other Amazing Offers
- Unique feature Total Protect which covers you for a sum upto the credit limit on your credit card. Unauthorized transactions in case of loss/theft of card if reported within 48 hours of the fraud & also Counterfeit Fraud
- Redeem your reward points against Miles on partner airlines and Air Vistara, Cash Credit & Payment with Rewards
Partner Discounts
- Flat 10% off sitewide on boAt products
- Get 10% instant discount Upto Rs 250 on minimum purchase of Rs 2000 on BigBasket
- PVR: Get Rs 100 Off on Food & Beverage Orders Above Rs 350
- Lifestyle: Get Additional 15% Off on Lifestyle Orders Above Rs 1999
- Amazing offers on major e commerce like Swiggy, Titan, Reliance & more
- For more amazing discount offers, Check Here : https://www.indusmoments.com/offers/search
Fees & charges
- Lifetime Free Card
- Joining Fees: Nil
- Annual Fees: Nil
Pros
- A wide range of offers and deals on premium brands.
- Priority Pass membership with lounge access.
- Cardholders can avail of dining discounts.
- Air accident cover and card liability protection.
Cons
- Low reward points compared to other credit cards.
- It comes with a high joining fee.
- The card has a high-interest rate on outstanding balances.
- The card may not be accepted by all merchants, leading to inconvenience while using the card.
Conclusion
The IndusInd Platinum Credit Card is a simple and useful card for daily spending. If you use UPI often and want a free credit card, the RuPay version is a smart choice. For regular card use, the Visa version is also good but comes with a one-time fee. Overall, it’s a good card for beginners or those who want to save on fees.
Eligibility Criteria
- New to Credit: Allowed
- Employment Status: Salaried or Self-employed
- Salaried Income: Rs. 20,000 per month
- Self Employed Income: Rs. 30,000 per month
- Credit Score: 650+
- Required Age: 21 – 65 years
- No delayed payments in the last 12 months
Documents Needed
- ID Proof
- Address Proof
- Income Proof
- PAN Card/Form 60
Frequently Asked Questions
1. What is the billing cycle of the IndusInd Bank Platinum credit card?
The billing cycle is the time between your card statements. It usually lasts 30 days. For example, if your billing date is the 10th of a month, it will go from the 10th of one month to the 9th of the next month. After that, you get a few extra days (called the grace period) to pay your bill.
2. What are the benefits of using an IndusInd Platinum Credit Card?
You earn reward points every time you spend
You don’t have to pay the 1% fuel surcharge on certain petrol pump payments
It gives you free personal accident insurance
It protects you if your card is lost or stolen
You can use it in India and other countries
3. How to redeem reward points from Platinum Credit Card?
You can use your reward points online. Just log in to IndusInd Bank’s website or app, go to the rewards section, and choose what you want—like gift cards, shopping items, or travel bookings.
4. What are the conditions to get the fuel surcharge waiver on the Platinum Credit Card?
Your fuel purchase should be between ₹400 and ₹4,000
Only 1% of the fuel cost will be removed as a waiver
There is a limit to how much waiver you can get in a month
5. How to apply for the Platinum Credit Card?
You can apply online on the IndusInd Bank website or other trusted finance websites. You’ll need to give documents like ID proof (like Aadhaar), address proof, and proof of income (like a salary slip or bank statement).
