IndusInd Bank
IndusInd Bank Nexxt Credit Card
Data last verified: 11 October 2026
- Joining fee₹10,000 + GST
- Annual feeFree
- Reward rate0.5% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹10,000 + GST
- Annual feeFree
- Forex markup3.5%
- Interest (APR)3.83% a month, 45.96% a year
The IndusInd Nexxt card charges a ₹10,000 joining fee once and nothing after that. In return you get a welcome gift voucher from brands like Oberoi, Luxe, Postcard hotels or Montblanc. So the real question is whether you value that voucher close to what you pay.
Day to day, rewards are modest at about 0.5% back. It also offers a buy-one-get-one movie deal on BookMyShow, a fuel surcharge waiver and zero liability if the card is lost or stolen.
It suits someone who wants a lasting card without yearly charges and would use the welcome voucher. The catch is that the everyday earn is low for the upfront cost, and the 3.5% forex markup makes it a poor pick for foreign spends.
Best for: People who will use the welcome voucher, Users who dislike yearly fees, Moviegoers, Users earning Rs 50,000 a month or more.
01IndusInd Bank Nexxt Credit Card Rewards and Benefits
02IndusInd Bank Nexxt Credit Card Annual Fee and Charges
- Joining fee
- ₹10,000 + GST
- Annual fee
- 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 0.5%₹100
- Back each month, ₹1,200 a year₹100
- In your pocket each year₹1,200
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
04Product Details
- ₹10,000 joining fee, no annual fee
- Welcome gift voucher from Oberoi, Luxe, Postcard hotels or Montblanc
- About 0.5% back on regular spends
- BookMyShow buy-one-get-one movie offer
- Fuel surcharge waiver
- Zero liability on a lost or stolen card
- 3.5% forex markup
05Pros and Cons
Pros
- No annual fee after joining
- Premium brand welcome voucher
- Movie offer on BookMyShow
Cons
- ₹10,000 upfront is steep for about 0.5% rewards
- 3.5% forex markup
- No lounge access listed
06How IndusInd Bank Nexxt Credit Card earns Rewards
0.5% 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 | 0.5% | No cap | The card's normal rate |
| Dining and food delivery | 0.5% | No cap | The card's normal rate |
| Groceries | 0.5% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.5% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.5% | No cap | The card's normal rate |
| Rent | 0.5% | No cap | The card's normal rate |
| Insurance premiums | 0.5% | No cap | The card's normal rate |
| School and college fees | 0.5% | No cap | The card's normal rate |
| Wallet top-ups | 0.5% | 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 | 0.5% | No cap | The card's normal rate |
| Everything else | 0.5% | No cap | The card's normal rate |
Terms on the base rate. 1 reward point per ₹150 (~0.5%); IndusInd's own Iconia NEXXT cash-credit page states 1 Reward Point = ₹0.75 of cash value, the 50p we carried has no IndusInd basis. KrisFlyer-only transfer
Point value. 1 point is worth about ₹0.75 at the bank's stated value.
07IndusInd Bank Nexxt Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.5% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver, movie ticket offers.
- Fuel surcharge waiver: 1% fuel-surcharge waiver on fuel transactions from ₹500 to ₹3,000, capped at ₹250 in a billing cycle (the Nexxt has no airport lounge access)
- Movie ticket offers: 2 BookMyShow buy-one-get-one movie tickets a month
08IndusInd Bank Nexxt Credit Card Eligibility and Documents
- Age
- 21 years and above
09Recent 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: New fuel, transport & DCC fees | - | - |
| 21 Dec 2025 | Reduced: Complimentary air-accident insurance withdrawnSource: IndusInd Bank | Complimentary air-accident cover provided with the card | No air-accident cover |
| 1 Apr 2025 | Reduced: Cash-redemption fee raised to ₹149Source: IndusInd Bank | ₹100 + GST per cash-credit redemption | ₹149 + GST per cash-credit redemption |
| 21 Jan 2025 | Reduced: InterMiles redemption withdrawn | - | - |
| 1 Sept 2024 | Reduced: Monthly cash-redemption cap added | Uncapped per month | Capped 2,500 to 10,000 RP a month by card |
See this card's change history → · All card changes in June 2026 →
10Cards Similar to IndusInd Bank Nexxt Credit Card
IndusInd Bank Nexxt Credit 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 Nexxt Credit Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | ₹10,000 + GST | Lifetime free | ₹499 + GST |
| Annual fee | Free | Lifetime free | ₹499 + GST |
| Rewards | 0.5% 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 |
11Explore 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 Nexxt 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
Does the IndusInd Nexxt card have an annual fee?
No. You pay a ₹10,000 joining fee once and there is no annual fee after that.
What do I get for the joining fee?
A welcome gift voucher from brands such as Oberoi, Luxe, Postcard hotels or Montblanc.
What is the reward rate?
About 0.5% back on regular spends.
What is the joining fee for the IndusInd Bank Nexxt Credit Card?
The joining fee is ₹10,000 + GST. 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 Nexxt Credit 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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