The IndusInd Platinum Credit Card, available on Visa and RuPay networks, offers a rewards program supplemented by premium welcome benefits such as Postcard Hotel and Mont Blanc vouchers. However, these introductory perks should not be the sole justification for acquiring the card. While marketed as a rewards and lifestyle card, its competitive standing is weakened by a relatively low reward rate compared to several entry-level alternatives offering more comprehensive benefits.
The card’s primary feature, its rewards program, yields a modest 0.40% return rate. While offering KrisFlyer Miles conversion at a 4:1 ratio, this advantage is mitigated by the low earning rate and limited airline partnerships. Consequently, the overall value proposition for frequent flyers may be insufficient.
Although the card provides reward points redeemable for air miles, cash credit, or merchandise from the rewards catalog, the limited return on spending across all transactions makes it a less compelling option for value-conscious consumers. A thorough evaluation of the card’s features and a comparison with competing offerings is recommended before application.
Welcome Benefits
Elevate your lifestyle with premium membership. Upon payment of a joining fee, enjoy exclusive access to Luxe Gift Cards and vouchers from leading brands such as The Postcard Hotel, Montblanc, Amazon, Flipkart, Apollo Pharmacy, Uber, Ola, Pantaloons, and Bata, among others. This enhanced benefit is exclusively available to paid members.
IndusInd Platinum RuPay Credit Card Benefits
Platinum RuPay Credit Card is lifetime free and can be linked to your UPI account, allowing you to earn 2X rewards for every Rs. 100 spent.
- 1 reward point for every Rs. 100 spent on non-UPI transactions
- 0.70 reward point for every Rs. 100 spent on select merchant categories
- 2 reward points on every Rs. 100 spent through UPI*
- Uncapped 1% fuel surcharge waiver across all petrol pumps in India on transactions between Rs. 400 to Rs. 4,000
- Lost Baggage: Rs. 1 Lakh | Delayed Baggage: Rs. 25,000 | Loss of Passport: Rs. 50,000 | Lost Ticket: Rs. 25,000 | Missed Connection: Rs. 25,000 | Personal Air Accident Insurance: Up to Rs. 25 Lakh
Travel Insurance Coverage
- Lost baggage: Rs. 1 Lakh
- Delayed baggage: Rs. 25,000
- Air accident cover: Up to Rs. 25 Lakh
- Total Protect plan for card loss/theft: Up to 100% of credit limit
- Loss of passport: Rs. 50,000
- Lost ticket: Rs. 25,000
- Missed connection: Rs. 25,000
Fuel Benefits
1% fuel surcharge waiver, up to Rs. 100 per month, across all petrol pumps in India on transactions between Rs. 500 to Rs. 3,000.
Reward Points
You can earn reward points on your transactions and redeem them as per the below details:
- 1.5 reward points for every Rs. 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
- 400 RP = 100 Krisflyer Miles
- Redemption against IndusMoments rewards catalogue and Pay with rewards
Fees & Charge
Rewards Redemption Fee
Rs. 100
Foreign Currency Markup
3.5% of the transacted amount.
Interest Rates
3.83% p.m. (46% p.a.)
Fuel Surcharge
1% fuel surcharge waiver on transcations between Rs. 400 and Rs. 4,000 at all fuel stations in India.
Cash Advance Charges
Rs. 300 or 2.5% of the amount withdrawn, higher of the two.
Documents Required for the Credit Card Apply Online or Offline
- Proof of Identification: PAN, Passport, Aadhaar, Voter ID
- Proof of Income: Salary slip, recent salary slip, employment offer letter
- Residential Proof: Aadhaar, Electricity bill, or Telephone bil