Platinum RuPay
Annual Fee
FREE
Rewards/₹100 ⓘ
₹0.60 - ₹1.20
Interest Rate
46.00%
Credit Score
700+
At a Glance
Key Benefits
Lifetime free, 2X UPI rewards, Rs.25L insurance, 1% fuel waiver, RuPay lounge access, Lost card protection
Lounge Access
RuPay exclusive lounges: 2 domestic visits/quarter (requires Rs.5K spend/quarter), No international access
Eligibility
Age: 21-60 years, Income: Rs.20K+/month, Credit Score: 700+, Indian national, Salaried/Self-employed
Quick Details
Reward Structure
All Spends
UPI Transactions
Select Merchant Categories (UPI & Non-UPI)
Reward Calculator
Milestone Benefits
2 complimentary domestic lounge visits at RuPay exclusive lounges (Delhi T3 Terminal)
Spend ₹5,000 within 90 days
value
Airport Lounge Access
visits per quarter
visits per year
Insurance Coverage
Air Accident
₹25,00,000
Personal air accident insurance cover of Rs.25 lakhs for eligible cardholders
Lost Baggage
₹1,00,000
Lost baggage cover up to Rs.1 lakh for international travel. Requires non-delivery certificate from airline.
Delayed Baggage
₹25,000
Delayed baggage cover up to Rs.25,000 for delays exceeding 12 hours from scheduled arrival time on international flights
Lost Passport
₹50,000
Loss of passport cover up to Rs.50,000 due to confiscation or detention by customs, police or authority
Lost Ticket
₹25,000
Lost ticket cover up to Rs.25,000 for loss or damage to travel documents
Other
₹25,000
Missed connection cover up to Rs.25,000 when connection is missed due to airline delays
Lost Card
₹0
Total Protect: Unauthorized transactions covered up to 48 hours prior to reporting card loss to IndusInd Bank
Lifestyle Perks
Fuel
1
1% fuel surcharge waiver at petrol pumps across India on transactions between Rs.400 to Rs.4,000
Other
1
UPI integration: Link to PhonePe, Google Pay, Paytm for seamless UPI payments with credit card
Other
1
Zero liability on fraudulent transactions when card is lost or stolen
Other
1
EMI conversion facility available for large purchases
Quick Analysis
The IndusInd Platinum RuPay is an excellent lifetime-free credit card ideal for UPI-heavy users who want basic rewards and comprehensive travel insurance without any annual fees. The 2X rewards on UPI transactions make it stand out in the entry-level segment.
Pros
- Lifetime free - No joining or annual fees
- 2X rewards on UPI spending (best for UPI users)
- Comprehensive travel insurance (Rs.2.25L total)
- Personal air accident cover Rs.25 lakhs
- 1% fuel surcharge waiver (Rs.400-4000)
- RuPay domestic lounge access (2 visits/quarter on Rs.5K spend)
- Lost baggage cover Rs.1 lakh
- Lost card protection up to 48 hours
- Zero liability on fraud transactions
- UPI integration for easy payments
Cons
- Low base reward rate (1 point/Rs.100)
- Reward value reduced to Rs.0.60 per point (Dec 2024)
- Monthly cash redemption capped at 2,500 points
- Lounge access requires Rs.5,000 quarterly spend
- Limited to RuPay exclusive lounges only
- No international lounge access
- Fuel spends don't earn reward points
- Select merchants earn only 0.70 points/Rs.100
- High APR of 46% on unpaid balances
- No concierge or premium services
Best For
UPI users seeking lifetime-free card with travel insurance
Not Ideal For
Premium benefits seekers or international travelers
Frequently Asked Questions
Is the IndusInd Platinum RuPay card really free?
How do I earn 2X rewards on UPI transactions?
What is the value of reward points?
How does the lounge access work?
What travel insurance is included?
What is the fuel surcharge waiver benefit?
What are the eligibility criteria?
What is the interest rate on this card?
User Reviews
Ready to Apply for Platinum RuPay?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.
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