The IndusInd bank RuPay Credit Card is a rewards credit card returning value in the form of reward points on all transactions, cardholders can easily redeem reward points for several options including miles, cash credit, or products/vouchers from their rewards catalog. The IndusInd Bank Rupay Credit Card comes with seamless UPI integration and offers cardholders a fuel surcharge discount at petrol pumps across the country.
This card also offers travel insurance coverage and a total protection program providing coverage against unauthorized transactions, loss, theft, and counterfeit fraud. The card offers a user-friendly, versatile, and practical financial solution. Choosing the right card can be a difficult task given the plethora of options but if you want a card that is affordable, and convenient, then the IndusInd Bank Rupay Credit Card could be the right choice for you.
Key Highlights of IndusInd Bank RuPay Credit Card
| Key Highlights | Features | Details |
| Joining Fee | Nil | |
| Annual Fee/Renewal Fee | Nil | |
| Welcome Benefits | Luxe Gift Card and vouchers of various top brands | |
| Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver | |
| Network Type | RuPay | |
| Rewards | 2X rewards on all UPI spends | |
| others | – Contactless credit card – Lifetime free credit card – Total Protect Program |
Benefits & Features of The IndusInd Platinum RuPay Credit Card
| Benefits | Details |
|---|---|
| Welcome Benefits | Complimentary vouchers and gift cards as welcome benefit from various top brands such as Amazon, Flipkart, Apollo Pharmacy, Uber, The Postcard Hotel, Montblanc, Pantaloons, Bata, & more after the payment of joining fee (These benefits are offered only one paid variant) |
| Dining benefits | One can avail the benefits through this credit card by visiting selected restaurants all over India. This includes the opportunity to enjoy culinary delights where cardholders can get up to 20% off, as well as unique meal deals that make eating out more fun and affordable |
| Travel benefits | Cardholders are eligible to get travel-related perks such as savings on airline tickets, hotel reservations, and other travel-related expenses, but no complimentary airport lounge access is provided. Other than this all these benefits help the traveler cherish his experiences and enjoy a memorable trip. |
| Insurance Benefits | Personal air accident insurance cover of up to ₹25 lakh with the IndusInd Bank Platinum RuPay Credit Card. Travel insurance coverage: IndusInd Bank has partnered with Oriental Insurance Company Limited to offer the following insurance coverage to Cardholders as per its program: Insurance Cover Sum Assured ( Up To) Last baggage ₹1,00,000 Loss of passport ₹50,000 Delayed baggage ₹25,000 Loss of ticket ₹25,000 Missed-connection ₹25,000 |
| Fuel Surcharge Waiver/platinum freedom | 1% Fuel Surcharge Waiver is applicable across all fuel stations in India on transactions b/w ₹ 400 – ₹ 4,000. |
| Concierge services | Cardholders can get access to concierge services that include assisting cardholders in travel bookings, restaurant reservations, and other such services, making life more comfortable and enjoyable. |
| Total Protect Program | Total Protect Program is a pioneering program launched by IndusInd bank for its cardholders that provides coverage up to the limit of your credit card, also applicable to add-on cards. With this protection, users can be completely worry-free about any fraudulent transactions made using their card. Total Protect covers unauthorized transactions, loss, theft, and counterfeit fraud up to the credit limit. |
| Rewards Benefits | Earn 2 Reward Points on every ₹ 100 spent through UPI Earn 1 Reward Point on every ₹ 100 transaction on non-UPI transactions Earn ₹ 0.70 on every ₹ 100 on select merchant categories (reward offers applicable for both UPI & Non-UPI transactions) Fuel transactions, utility bill payments, insurance premium payments, government services/charges/payments, education institute fees, real estate, rental payments, and wallet reload will not accrue any reward points Note- Reward Points will be earned only for spends up to the assigned credit limit in every statement cycle |
| UPI Benefits | Credit Card enabled on UPI. |
| Easy EMIs | The conversion of high-value purchases into easy installment payments (EMIs) using this credit card with multiple repayment tenure options, helping you manage your spending more efficiently |
| Contactless credit card | The contactless feature of the card enables fast, convenient, and secure purchases by simply tapping your card at merchant locations that accept contactless payments. It can also be used at all merchant locations where standard card payments are accepted |
Reward Redemption Program:
In order to provide maximum benefits the Bank has come up with other redemption options for its cardholders:
- 1.5 reward points for every ₹ 150 spent, except fuel spends
- 1 RP = Re. 0.40 against cash credit redemption
- 1 RP = Re. 0.60 for non-cash redemption, except for airmiles
- 100 RP = 100 Air Miles or CV Points (CV- Club Vistara)
- Redemption against Indus Moments rewards catalog and Pay with rewards
Fees & Charges
| Types of charges | Amount |
|---|---|
| Joining fee | Nil |
| Annual fee | Nil |
| Interest rates/finance charges | 3.95 % per month 47.40 % per annum |
| Foreign Currency Mark-up fee | 3.5 % of the transaction amount |
| Cash Advance Fee | 2.5 % of the transaction amount (minimum ₹ 300) |
| Late payment charges | For statement balance: Charges Balance b/w Nil up to ₹100 ₹100 b/w ₹101 – ₹500 ₹350 b/w ₹501 – ₹1,000 ₹550 b/w ₹1,001 – ₹10,000 ₹800 b/w ₹10,001-₹25,000 ₹1,100 b/w ₹25,001 – ₹50,000 ₹1,300 above ₹ 50,000 |
Eligibility Criteria for The IndusInd Platinum RuPay Credit Card
To fulfill eligibility criteria for The IndusInd Platinum RuPay Credit Card, the applicant must have the following requirements:
| Criteria Details | |
| Age | 21-60 Years (or till retirement age) |
| Occupation | Salaried/Self-employed |
| Min. Income Required | ₹ 20,000/month |
| Nationality | Indian |
| Credit Score | A good CIBIL score with no history as a defaulter |
Documents Required for The IndusInd Platinum RuPay Credit Card
Applicants must submit proof of identity, address, and income and a duly filled application form for The IndusInd Platinum RuPay Credit Card. Below is the list of acceptable documents:
Credit Card On UPI
Users can now pay with UPI on their IndusInd Bank Platinum RuPay Credit Card by following the easy steps given below:
Link Platinum RuPay Credit Card on UPI in Few Steps:
Step 1: Open the UPI app BHIM/PhonePe/ Paytm/ Google Pay etc.
Step 2: Select the option “Add Credit Card/Link Credit Card”
Step 3: Select Credit Card Issuer Bank (IndusInd Bank)
Step 4: Select your IndusInd Bank Platinum RuPay Credit Card
Step 5: Proceed to generate UPI PIN
Set UPI Pin
Step 1: Select Generate PIN option > Select Platinum RuPay Credit Card
Step 2: Enter Platinum RuPay Credit Card Details:
- Last 6 digits
- Expiry Date
Note- OTP will be triggered on your registered mobile number
Step 3: Enter OTP & Set PIN of your choice
Making UPI Payments with IndusInd Bank Platinum RuPay Credit Card:
- Scan Merchant QR Code or enter Merchant UPI ID
- Enter Amount to be paid or pay auto-fetched amount
- Select Platinum RuPay Credit Card from the list of payment options
- Enter UPI PIN of your Credit Card & Click Confirm
Click here to know about more credit cards from IndusInd Bank.
FAQs
What are the Pros & Cons of the IndusInd Bank Platinum Credit Card?
Pros–
1. Complimentary vouchers and gift cards as welcome benefit
2. Transfer of rewards into miles at a value of 1RP= 1 InterMile / CV Point (CV- Club Vistara)
3. Fuel surcharge waiver across all fuel stations
Cons–
1. Low reward rate of 0.40% across all categories
2. Less travel benefits like no complimentary lounge access available
3. No milestone-based benefits are offered
Can I redeem Reward Points earned on UPI transactions for travel benefits?
By exploring multiple reward redemption options, users can redeem their earned RPs:
– 1.5 reward points for every ₹ 150 spent, except fuel spends
– 1 RP = Re. 0.40 against cash credit redemption
– 1 RP = Re. 0.60 for non-cash redemption, except for airmiles
– 100 RP = 100 Air Miles/ CV Points (CV- Club Vistara)
– Redemption against IndusMoments rewards catalog and Pay with rewards
Can I use my IndusInd Bank Platinum RuPay Credit Card for international transactions?
Yes, IndusInd Bank RuPay credit cards are globally accepted, which means users can use them for transactions anywhere RuPay cards are accepted. This feature makes it convenient for frequent travelers to make purchases abroad without carrying multiple cards or currencies.
Is the IndusInd RuPay credit card lifetime free?
There is no issuance, joining, or annual/renewal fee charged by the bank from its customers, so this credit card is free for a lifetime.
What rewards can I earn with my IndusInd Platinum RuPay Credit Card on transactions?
1. Earn 2 Reward Points on every ₹ 100 transaction done through UPI
2. Earn 1 Reward Point on every ₹ 100 transaction on non-UPI transactions
Will reward points be earned through this credit card on every purchase?
No, Fuel transactions, utility bill payments, insurance premium payments, government services/charges/payments, education institute fees, real estate payments, rental payments, and wallet reload will not accrue any reward points.
What is the Total Protect program of IndusInd Bank Platinum RuPay Credit Card?
Total Protect Program is a pioneering program launched by the bank for its cardholders that provides coverage up to the limit of credit cards, as well as extends to add-on cards. With this protection, cardholders can be completely worry-free about any fraudulent transactions made using their card. Total Protect covers unauthorized transactions, loss, theft, and counterfeit fraud up to the credit limit.
How to apply for an IndusInd Bank RuPay credit card?
Eligible users can apply for this credit card by clicking here and filling in all the details carefully.
