IndusInd Bank
IndusInd Bank Platinum RuPay Credit Card
Data last verified: 11 October 2026
- Joining fee₹10,000 + GST
- Annual feeFree
- Reward rate0.7% 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)3.95% a month, 47.4% a year
This RuPay card links to UPI, so you can pay at any QR code on credit. UPI payments earn 2 reward points per Rs 100 and other card payments earn 1 point, with UPI spends working out to about 0.7% back. Education, government, insurance and utility payments earn a reduced 0.25%.
There is no annual fee. A joining fee of ₹10,000 is listed for this card, so confirm the fee on the offer you receive before you apply. It also carries a fuel surcharge waiver and insurance cover.
It suits someone who pays mostly by UPI and wants that spending on a credit card. The catch is the low reward rate and the 3.5% forex markup, so it is not a card for travel or big purchases abroad.
Best for: Heavy UPI users, First-time card holders, Users earning Rs 25,000 a month or more.
01IndusInd Bank Platinum RuPay Credit Card Rewards and Benefits
02IndusInd Bank Platinum RuPay 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
- 3.95% 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 0.7%₹140
- Back each month, ₹1,680 a year₹140
- In your pocket each year₹1,680
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 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
- ₹10,000 joining fee listed, no annual fee
- RuPay card that works with UPI
- 2 reward points per ₹100 on UPI payments (about 0.7%)
- 1 reward point per ₹100 on non-UPI spends
- Reduced 0.25% on education, government, insurance and utility payments
- Fuel surcharge waiver and insurance cover
- 3.5% forex markup
05Pros and Cons
Pros
- UPI payments on credit
- UPI spends earn double points
- No annual fee
Cons
- ₹10,000 joining fee listed for a basic card
- Low overall reward rate
- Reduced earn on bills, insurance and government payments
- 3.5% forex markup
06How IndusInd Bank Platinum RuPay Credit Card earns Rewards
0.7% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | 0.7% | No cap | The card's normal rate |
| Online shopping | 0.7% | No cap | The card's normal rate |
| Dining and food delivery | 0.7% | No cap | The card's normal rate |
| Groceries | 0.7% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.7% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.25% | No cap | All merchants in the categoryTerms: 0.70 RP per ₹100 (~0.25%) on utility bill payments, the reduced rate from IndusInd's 1 Aug 2019 revision, not the 2-per-₹100 UPI base |
| Rent | 0.7% | No cap | The card's normal rate |
| Insurance premiums | 0.25% | No cap | All merchants in the categoryTerms: 0.70 RP per ₹100 (~0.25%) on insurance premium payments, reduced rate, 1 Aug 2019 revision |
| School and college fees | 0.25% | No cap | All merchants in the categoryTerms: 0.70 RP per ₹100 (~0.25%) on education institute fees, reduced rate, 1 Aug 2019 revision |
| Wallet top-ups | 0.7% | No cap | The card's normal rate |
| Taxes and government payments | 0.25% | No cap | All merchants in the categoryTerms: 0.70 RP per ₹100 (~0.25%) on government services, charges and payments, reduced rate, 1 Aug 2019 revision |
| Spend abroad or in a foreign currency | 0.7% | No cap | The card's normal rate |
| Everything else | 0.7% | No cap | The card's normal rate |
Terms on the base rate. 2 reward points per ₹100 on UPI-linked spends (the card's primary use); 1 point per ₹100 on non-UPI card spends; select merchant categories earn only 0.70 point; fuel earns none. 1 point = ₹0.35 as cash credit or ₹0.60 on the non-cash catalogue
Point value. 1 point is worth about ₹0.35 at the bank's stated value.
07IndusInd Bank Platinum RuPay Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.7% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver, insurance cover.
- Fuel surcharge waiver: 1% fuel surcharge waiver on fuel transactions of ₹400 to ₹4,000, with no monthly capping, IndusInd's own fuel-surcharge table lists this card under No capping
- Insurance cover: Total Protect cover for unauthorised transactions and counterfeit fraud up to the card's credit limit, plus travel insurance IndusInd markets at ₹2.25 lakh, lost baggage ₹1 lakh, passport ₹50,000, and delayed baggage, lost ticket or missed connection ₹25,000 each
08IndusInd Bank Platinum RuPay 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 |
|---|---|---|---|
| 31 Jul 2026 | Reduced: IndusInd stops describing the card as having no joining feeSource: IndusInd Bank | Product page: "Lifetime Free - Zero Joining Fee & Zero Annual Fee" | Product page: "No Annual Fees"; FAQ: "only a one-time joining fee applicable" |
| 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 |
See this card's change history → · All card changes in July 2026 →
10Cards Similar to IndusInd Bank Platinum RuPay Credit Card
IndusInd Bank Platinum RuPay 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 RuPay 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 | 0.7% 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 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
Can I use this card on UPI?
Yes. It is a RuPay credit card, so you can link it to a UPI app and pay at QR codes.
How many points do UPI payments earn?
2 reward points per ₹100, about 0.7% back. Non-UPI card spends earn 1 point per ₹100.
What is the joining fee for the IndusInd Bank Platinum RuPay 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 Platinum RuPay 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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