IndusInd Bank
CRED IndusInd Bank RuPay Credit Card
Data last verified: 28 September 2026
- Joining feeFree
- Annual fee₹499 + GST
- Reward rate1% base, up to 5% on online shopping
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining feeFree
- Annual fee₹499 + GST
- Forex markup3.5%
- Interest (APR)3.95% a month, 47.4% a year
01CRED IndusInd Bank RuPay Credit Card Rewards and Benefits
02CRED IndusInd Bank RuPay Credit Card Annual Fee and Charges
- Joining fee
- Free
- Annual fee
- ₹499 + GST
- Spend-based waiver
- None
- Rewards redemption fee
- ₹100 per request
- Forex markup
- 3.5%
- Interest rate
- 3.95% a month (47.4% a year)
- Fuel surcharge waiver
- Yes
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹5,000 on online shopping, earning 5%₹250
- ₹15,000 on everything else, earning 1%₹150
- Back each month, ₹4,800 a year₹400
- Annual fee with 18% GST−₹589
- In your pocket each year₹4,211
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Online shopping: 5% back, up to ₹5,000 a month
Skip it if…
- you spend less than ₹5,000 a month: below that the ₹589 fee costs more than the rewards
- most of your spending is fuel, rent, wallet top-ups or government payments: those earn nothing on this card
- you rarely spend on online shopping: the 5% rate applies only there, everything else earns 1%
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.95% a month (47.4% a year) outweighs any reward
04How CRED IndusInd Bank RuPay Credit Card earns Rewards
1% base, up to 5% on online shopping.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | 1% | No cap | The card's normal rate |
| Online shopping | 5% | ₹5,000 | All merchants in the categoryTerms: 5 CRED Points/₹100 on e-commerce, CRED Pay, CRED Store, CRED Travel and CRED UPI online payments; ~₹1/point for CRED flights/hotels/select merchants (₹0.50 for bill payments); capped 5,000 points/cycle; expire in 2 years |
| Dining and food delivery | 1% | No cap | The card's normal rate |
| Groceries | 1% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 1% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 1% | No cap | Anywhere else in the category |
| Bills and recharges, only at listed merchants | 1% | No cap | Only at: CRED appTerms: 1 CRED Point per ₹100 (1% back) on utility bills paid INSIDE the CRED app. IndusInd states that utility and insurance transactions done outside CRED earn no CRED Reward Points at all, so a bill paid direct to the biller earns nothing, this is a rail condition, not a category exclusion. |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | 1% | No cap | Anywhere else in the category |
| Insurance premiums, only at listed merchants | 1% | No cap | Only at: CRED appTerms: 1 CRED Point per ₹100 (1% back) on insurance premiums paid INSIDE the CRED app. IndusInd states that utility and insurance transactions done outside CRED earn no CRED Reward Points, so a premium paid direct to the insurer earns nothing. |
| School and college fees | 1% | No cap | The card's normal rate |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 1% | No cap | The card's normal rate |
| Everything else | 1% | No cap | The card's normal rate |
Terms on the base rate. 1 CRED Point per ₹100 on ordinary offline and other non-accelerated spends, including CRED UPI Scan & Pay (uncapped since 11 Aug 2026) and UPI paid through other apps. The 5X rate is limited to e-commerce, CRED-app and CRED UPI online transactions. Transactions under ₹100 earn nothing.
05CRED IndusInd Bank RuPay Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 1% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver.
- Fuel surcharge waiver: 1% fuel surcharge waiver on fuel spends between ₹500 and ₹5,000, up to ₹300 a month
06CRED IndusInd Bank RuPay Credit Card Eligibility and Documents
Documents. PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
07Recent Changes
What IndusInd Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 11 Aug 2026 | Changed: CRED UPI Scan & Pay cap removedSource: IndusInd Bank | 1%, capped at 500 CRED Points a statement cycle | 1%, no cap |
| 15 Jun 2026 | Reduced: Dynamic Currency Conversion fee doubled 1% → 2%Source: IndusInd Bank | 1% + taxes | 2% + GST |
| 15 Jun 2026 | Reduced: Fuel fee threshold cut ₹50,000 → ₹30,000 a cycleSource: IndusInd Bank | 1% + GST above ₹50,000/cycle | 1% + GST above ₹30,000/cycle |
| 15 Jun 2026 | Reduced: New 1% fee on transport spends above ₹40,000 a cycleSource: IndusInd Bank | No transport fee | 1% + GST above ₹40,000/cycle |
| 21 Dec 2025 | Reduced: Complimentary air-accident insurance withdrawnSource: IndusInd Bank | Complimentary air-accident cover provided with the card | No air-accident cover |
See this card's change history → · All card changes in August 2026 →
08Cards Similar to CRED IndusInd Bank RuPay Credit Card
CRED IndusInd Bank RuPay Credit Card is a shopping card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | CRED IndusInd Bank RuPay Credit Card |  HSBC Live Plus Credit Card |  SBI Cashback Credit Card |
|---|---|---|---|
| Joining fee | Free | ₹999 + GST | ₹999 + GST |
| Annual fee | ₹499 + GST | ₹999 + GST | ₹999 + GST |
| Rewards | 1% base, up to 5% on online shopping | 1.5% base, up to 10% on dining | 1% base, up to 5% on online shopping |
| Domestic lounge | Not included | 2 visits a year | Not included |
| Forex markup | 3.5% | 1.99% | 3.5% |
| Type | Shopping | Dining | Shopping |
09Explore More
Card facts last verified 28 September 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your CRED IndusInd Bank RuPay Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
What is the joining fee for the CRED IndusInd Bank RuPay Credit Card?
The joining fee is Free. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the CRED IndusInd Bank RuPay Credit Card?
The annual fee is ₹499 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with IndusInd Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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