IndusInd Bank
IndusInd Bank Duo Card
Data last verified: 11 October 2026
- Joining feeFree
- Annual feeFree
- Reward rate0.34% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining feeFree
- Annual feeFree
- Lifetime freeYes
- Forex markup3.5%
- Interest (APR)3.83% a month, 45.96% a year
01IndusInd Bank Duo Card Rewards and Benefits
02IndusInd Bank Duo Card Annual Fee and Charges
- Joining fee
- Lifetime free
- Annual fee
- Lifetime free
- Spend-based waiver
- None
- Rewards redemption fee
- ₹100 per request
- Forex markup
- 3.5%
- Interest rate
- 3.83% a month (45.96% 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:
- ₹20,000 on everything else, earning 0.34%₹68
- Back each month, ₹816 a year₹68
- In your pocket each year₹816
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
- Anyone who wants no annual fee, ever
Skip it if…
- most of your spending is fuel: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you spend a lot on government payments: the card's terms do not state a rate there, so we count nothing
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.83% a month (45.96% a year) outweighs any reward
04How IndusInd Bank Duo Card earns Rewards
0.34% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.34% | No cap | The card's normal rate |
| Dining and food delivery | 0.34% | No cap | The card's normal rate |
| Groceries | 0.34% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.34% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.34% | No cap | The card's normal rate |
| Rent | 0.34% | No cap | The card's normal rate |
| Insurance premiums | 0.34% | No cap | The card's normal rate |
| School and college fees | 0.34% | No cap | The card's normal rate |
| Wallet top-ups | 0.34% | No cap | The card's normal rate |
| Taxes and government payments | Not stated | - | the card's terms state no rate here; many cards pay nothing on these |
| Spend abroad or in a foreign currency | 0.34% | No cap | The card's normal rate |
| Everything else | 0.34% | No cap | The card's normal rate |
Terms on the base rate. 1 reward point per ₹150 spent on the credit side (~0.33%); fuel earns nothing. Points redeem via IndusMoments at ₹0.50 each; the Duo's case is convenience and perks, not its earn rate
Point value. 1 point is worth about ₹0.5 at the bank's stated value.
05IndusInd Bank Duo Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.34% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver, insurance cover, movie ticket offers.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions of ₹500 to ₹3,000, capped at ₹250 per statement cycle
- Insurance cover: On the credit side, Total Protect cover against unauthorised and counterfeit transactions, plus ICICI Lombard travel insurance, lost baggage ₹1,00,000, passport ₹50,000, and delayed baggage, lost ticket or missed connection ₹25,000 each
- Movie ticket offers: BookMyShow buy-one-get-one, once a month (up to 12 a year); the free ticket is capped at ₹200 since 1 June 2023, up to ₹2,400 a year. Not available on a Duo credit card with a NIL limit
06IndusInd Bank Duo Card Eligibility and Documents
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / valid address proof IndusInd Bank savings account (opened alongside the card if you are new to the bank) 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 |
|---|---|---|---|
| 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 |
| 5 May 2024 | Reduced: Fuel surcharge waiver narrowed and capped at ₹250 a cycleSource: IndusInd Bank | - | Waiver on ₹500 to ₹3,000 transactions, capped ₹250/cycle |
See this card's change history → · All card changes in June 2026 →
08Cards Similar to IndusInd Bank Duo Card
IndusInd Bank Duo Card is a rewards card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | IndusInd Bank Duo Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | Lifetime free | Lifetime free | ₹499 + GST |
| Annual fee | Lifetime free | Lifetime free | ₹499 + GST |
| Rewards | 0.34% on most spends | 2% on most spends; 4% only at partner merchants | 0.25% base, up to 1.25% on dining; 3.25% only at partner merchants |
| Domestic lounge | Not included | Unlimited | Not included |
| Forex markup | 3.5% | 0% | 3.5% |
| Type | Rewards | Travel | Fuel |
09Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your IndusInd Bank Duo 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 IndusInd Bank Duo 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 IndusInd Bank Duo Card?
The annual fee is Free.
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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