IndusInd Bank Nexxt Credit Card

Joining fee

₹10,000 to join.

Annual fee

₹0

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

Welcome benefit

Please note: The above Welcome Gifts are available at select fee points only.

Reward rate

1 Reward Point per ₹150 · everyday spends1 Reward Point for every ₹150 spent.

Reward exclusions

EMI and Rewards buttons can only be used at POS merchant outlets; not applicable for Online, Moto, IVR, Samsung Pay, and ATM cash withdrawal transactions

Award examples

Movie tickets at theatres 2 times a month (2*200*12) ₹4,800 Savings on Fuel Surcharge T&Sc: ₹480 Annual value of Reward Points on an average spend of ₹30,000 per month (200 points per month) ₹1,800 Total Savings ₹7,080.

Catalogue redemption

IndusMoments

Redeeming points for travel

Airline Miles on KrisFlyer

Statement-credit redemption

Effective 1st September 2024, maximum reward points allowed for cash redemption will be 2500 per calendar month

Movie or entertainment ticket benefit

Buy one get one – up to 2 free movie tickets capped at ₹200 each per month via BookMyShow

Fuel surcharge waiver

1% fuel surcharge waiver at any petrol pump across India.

Purchase to EMI conversion

EMI tenure options of 6, 12, 18 and 24 months at 12% interest rate.

Forex markup

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

Cash advance fee

2.5% of the advance amount, subject to a minimum of ₹300

Interest on unpaid balance

3.83% Monthly Rate, 46.00% Annual Rate.

Interest-free period

Interest-free credit period of up to 50 days

Late payment fee

₹100 to ₹1,300 by outstanding balance.

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.