IndusInd Bank
IndusInd Bank Platinum Credit Card
Data last verified: 11 October 2026
- Joining feeFree
- Annual feeFree
- Reward rate0.4% 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)3.95% a month, 47.4% a year
The Platinum card is IndusInd's simple, no-fee card. It has no joining fee and no annual fee, ever. Spends earn 1.5 reward points per Rs 150, about 0.4%; fuel earns no points, and utility, insurance, government, education and rent spends earn a reduced rate.
Foreign spends carry a 3.5% markup.
It suits someone who wants a free card for everyday use or to build a credit history, not someone chasing high rewards.
Best for: A free everyday card, Building a credit history.
01IndusInd Bank Platinum Credit Card Rewards and Benefits
02IndusInd Bank Platinum Credit 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
- 3.95% 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:
- ₹20,000 on everything else, earning 0.4%₹80
- Back each month, ₹960 a year₹80
- In your pocket each year₹960
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 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
04Product Details
- Lifetime free: no joining or annual fee
- 1.5 reward points per ₹150 (about 0.4%)
- Visa
05Pros and Cons
Pros
- No fee at any time
- Simple to hold
Cons
- Low reward rate
- No points on fuel; reduced rate on bills, insurance, rent and education
- 3.5% markup on foreign spends
06How IndusInd Bank Platinum Credit Card earns Rewards
0.4% 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 | 0.4% | No cap | The card's normal rate |
| Dining and food delivery | 0.4% | No cap | The card's normal rate |
| Groceries | 0.4% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.4% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.19% | No cap | All merchants in the categoryTerms: 0.7 RP per ₹150 (~0.19%) on utility bill payments, the reduced rate from IndusInd's 1 Aug 2019 revision, not the 1.5-per-₹150 base |
| Rent | 0.19% | No cap | All merchants in the categoryTerms: 0.7 RP per ₹150 (~0.19%) on real estate and rental payments, added to the reduced list effective 20 January 2022 |
| Insurance premiums | 0.19% | No cap | All merchants in the categoryTerms: 0.7 RP per ₹150 (~0.19%) on insurance premium payments, reduced rate, 1 Aug 2019 revision |
| School and college fees | 0.19% | No cap | All merchants in the categoryTerms: 0.7 RP per ₹150 (~0.19%) on education institute fees, reduced rate, 1 Aug 2019 revision |
| Wallet top-ups | 0.4% | No cap | The card's normal rate |
| Taxes and government payments | 0.19% | No cap | All merchants in the categoryTerms: 0.7 RP per ₹150 (~0.19%) on government services, charges and payments, reduced rate, 1 Aug 2019 revision |
| Spend abroad or in a foreign currency | 0.4% | No cap | The card's normal rate |
| Everything else | 0.4% | No cap | The card's normal rate |
Terms on the base rate. 1.5 reward points per ₹150 (~0.40%); fuel spends earn no points, and since 1 August 2019 utility, insurance, government, education and rent spends earn a reduced 0.7 RP per ₹150. The Aura Edge variant earns a choose-a-category 8X instead
Point value. 1 point is worth about ₹0.4 at the bank's stated value.
07IndusInd Bank Platinum Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.4% 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 transactions from ₹500 to ₹3,000, capped at ₹100 in a billing cycle
08IndusInd Bank Platinum Credit Card Eligibility and Documents
- Employment
- Salaried or self-employed
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
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: Dynamic Currency Conversion fee doubled to 2%Source: IndusInd Bank | 1% mark-up + taxes | 2% + GST |
| 15 Jun 2026 | Reduced: Fuel-fee threshold cut from ₹50,000 to ₹30,000/cycleSource: IndusInd Bank | 1% + GST above ₹50,000 per cycle | 1% + GST above ₹30,000 per cycle |
| 15 Jun 2026 | Reduced: New 1% surcharge on transport spends above ₹40,000/cycleSource: IndusInd Bank | No transport surcharge | 1% + GST above ₹40,000 per cycle |
| 21 Dec 2025 | Reduced: Complimentary air-accident insurance withdrawnSource: IndusInd Bank | Complimentary air-accident cover provided with the card | No air-accident cover |
| 4 May 2025 | Reduced: New 1% fee on fuel spends above ₹50,000/cycleSource: IndusInd Bank | No bank fee on fuel spends | 1% + GST on cumulative fuel above ₹50,000 per statement cycle |
See this card's change history → · All card changes in June 2026 →
10Cards Similar to IndusInd Bank Platinum Credit Card
IndusInd Bank Platinum 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 Platinum Credit 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 | 0.4% 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 Platinum 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
Is the IndusInd Platinum card free?
Yes. It has no joining fee and no annual fee.
How many reward points does it earn?
1.5 reward points per ₹150, about 0.4%. Fuel earns none and some bill categories earn a reduced rate.
What is the joining fee for the IndusInd Bank Platinum 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 IndusInd Bank Platinum 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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