IndusInd Bank ePay Amex Credit Card

Joining fee

Joining fee Nil

Annual fee

Annual fee Nil

Fee waiver rule

No annual fee to waive: the bank's fee table gives this card's annual fee as NIL and its condition for waiver of annual fees as NA.

Add-on card fee

₹0

Reward rate

4 reward points per transaction for 1 to 4 transactions in a statement cycle; 8 for 5 to 10; 10 for more than 10 (transactions of ₹500 or more)

Reward exclusions

Early payment cashback: partial payment or minimum amount paid will not be considered for cashback eligibility. Delinquency or revolving accounts will not be eligible for cashback.

Reward caps

There is a cap up to the credit limit on the Reward Points that a cardholder can earn in the statement cycle.

What one reward unit is worth

1 Reward Point = ₹0.35 (Cash Credit)

Priority Pass

Priority Pass is not available on ePay Amex.

Dining programme

Complimentary entry into Zomato Gold: Zomato Gold Membership for 3 Months. Up to 40% off on dining partner restaurants across India. A onetime benefit only during the first year of the card membership.

Benefit given each anniversary year

2X Reward Points on all spends in 12th month on being active for previous 11 months in the anniversary year. Be active by making at least 1 transaction each month with a minimum transaction value of ₹500.

Milestone benefits

Times Prime Membership for 1 year: spend ₹2 lakhs in an anniversary year and get Time Prime Membership worth ₹1199.

Minimum spend rules

Rewards structure is applicable on minimum transaction value of ₹500.

Insurance benefit

Total Protect covers you for an amount equal to the credit limit on your card.

Forex markup

3.5% + GST3.5% plus GST at the standard rate

Cash advance fee

Cash advance charges 2.5% of the advance amount, minimum ₹300

Interest on unpaid balance

Interest charges monthly rate 3.95%, annual rate 47.40%.

Interest-free period

Interest-free credit period of up to 50 days

Late payment fee

Nil to ₹1,300 by outstanding balance (₹1,300 above ₹50,000)

Over-limit fee

2.5% of Over Limit Amount, subject to a minimum of ₹500

Payment return or dishonour fee

Returned payments: ₹250

Card replacement fee

Re-issue/Replacement: ₹100 for All Other Credit Cards.

Education / school fee charge

1% Fee + GST on the cumulative spends on education payments transactions made through third-party websites and applications more than ₹45,000 in a statement cycle

Wallet load charge

1% Fee + GST on the cumulative spends on wallet loading transactions more than ₹20,000 in a statement cycle

Rent transaction fee

1% Fee + GST levied on each transaction on rent payments through third-party merchants

Utility transaction fee

1% Fee + GST on the cumulative spends on utility payments transactions more than ₹25,000 in a statement cycle

Grace days after the due date

Grace period of 3 days is allowed from the payment due date on Credit Card Accounts, where payments are not overdue; late payment charges are levied when the account remains past due for more than 3 days.

Minimum amount due

100% of EMI amount + 100% of GST + 100% of Fees/Charges + 100% of Finance Charges + Overlimit Amount (if any) + 2% of Retail Spends/Cash Advance/remaining balance outstanding

Eligibility

Not issued to any person less than 18 years of age.