Card Image
Platinum
Annual Fee
₹499
Rewards/₹100 ⓘ
₹0.25
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
680+
At a Glance
Key Benefits
1X rewards on all spends, fuel surcharge waiver, movie discounts
Lounge Access
Not available
Eligibility
Salaried: Rs.20,000+/month, Age: 21-60, CIBIL: 680+
Quick Details
Annual Fee
₹499
#75
Joining Fee
₹499
#78
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.25
#276
Reward Type Reward Points
Reward Currency Points
Min Credit Score
680+
#38
Min Monthly Income ₹20
Network VISA
Cash Advance Fee 2.50% (min ₹400)
Late Payment Fee ₹500
Fee Waiver on Spend ₹50,000/yr
Reward Structure
Base
All Spends
₹0.25 /₹100
Reward Calculator
₹
Allocate by Category 100%
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:
Quick Analysis
The IndusInd Bank Platinum is a solid credit card option. With an annual fee of ₹499, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Low annual fee of just ₹499
- Annual fee waiver on spending ₹50000
- Extended interest-free period of 52 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
What is the annual fee for Platinum?
Yes, the annual fee is ₹499. The fee can be waived on annual spending of ₹50000.
Is there a joining fee for Platinum?
Yes, the joining fee is ₹499.
What rewards does Platinum offer?
You can earn rewards worth up to ₹0.25 per ₹100 spent. The base reward rate is ₹0.25 per ₹100.
Does Platinum offer lounge access?
This card does not include complimentary lounge access.
What is the eligibility for Platinum?
To apply for Platinum, you need minimum age of 21 years, minimum monthly income of ₹20000, credit score of 680+.
User Reviews
Ready to Apply for Platinum?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.