IndusInd Bank Platinum Visa Credit Card

Annual fee

₹0

Welcome benefit

Welcome gift under Platinum Welcome: Montblanc, The Postcard Hotel, Vouchagram, Vouchagram Premium; welcome gift is only applicable on select fee plan

Reward rate

1.5 reward points per ₹150 · everyday spends1.5 reward points for every ₹150 spent.

Reward exclusions

Points not awarded on Cash Advances; EMI payments; Balance Transfer transactions; and fees such as joining fee; annual fee; Add-On Card fee; interest charges; or any other fee/charges.

Reward caps

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

Catalogue redemption

The value of non-cash redemption (excluding airmiles) will be 1 RP = ₹0.60

Statement-credit redemption

The value of cash redemption will be 1 RP = ₹0.40.

Airline and hotel partners points may move to

Airline Miles on Krisflyer

Lounge benefit

Priority Pass is not available on IndusInd Bank Platinum Credit Card.

Fuel surcharge waiver

Enjoy a waiver of 1% on fuel surcharge at any petrol pump within India.

Air accident cover

Complimentary personal air accident insurance cover of up to ₹25 lakhs

Lost card liability

Insurance cover up to 48 hours prior to you reporting the loss of your card to IndusInd Bank

Travel insurance

Lost baggage ₹1,00,000, Delayed baggage ₹25,000, Loss of passport ₹50,000, Lost ticket ₹25,000, Missed connection ₹25,000.

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

Effective 15th June 2026: 2% Fee + GST on transactions carried out in Indian Currency at an international location / merchants located in India but registered overseas

Cash advance fee

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

Interest on unpaid balance

3.95% Monthly Rate, 47.40% Annual Rate.

Interest-free period

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

Statement or duplicate statement fee

Duplicate physical statement request: ₹100 per statement (beyond last 3 months)

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

Reward redemption fee

Cash redemption ₹149 w.e.f 1st April 2025; all other category redemption ₹100; Twid - Pay with Rewards: 5% + GST of the transaction amount paid using Reward Points, subject to a minimum of ₹5 and maximum capped at ₹100 + GST

Wallet load charge

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

Fuel transaction fee

Effective 15th June 2026: 1% Fee + GST on cumulative fuel transactions exceeding ₹30,000 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

GST note

GST: at the current rate, as notified by Ministry of Finance, Government of India

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