IndusInd Bank Platinum RuPay Credit Card
A RuPay card for UPI: 2 reward points per ₹100 on UPI payments, 1 per ₹100 on other spends and 0.7 per ₹100 on utility, insurance, government and education spends, with points worth ₹0.35 each as cash credit and no annual fee. Every figure below is copied from IndusInd Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Not on record from an official document: see the conflicts below. CardWise does not estimate these.
Fees and charges
| Joining fee | ₹10,000 plus GST MITC |
|---|---|
| Annual fee | Nil Product page |
| Annual fee waiver | Not needed |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Product page |
| The MITC lists a joining fee of ₹10,000 and says the actual fee is conveyed at the time of application; the bank's pages call the card lifetime-free. There is no annual fee. | |
| Reward redemption fee | ₹149 plus GST MITC |
Rewards
Reward points, ₹0.35 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| UPI payments with the card | 2 points per ₹100 Product page | no cap on record |
| Utility bills, insurance premiums, government payments and education fees | 0.7 points per ₹100 Terms | no cap on record |
| Other spends (non-UPI) | 1 point per ₹100 Product page | no cap on record |
Reward points: ₹0.35 each as cash credit against the card outstanding (₹149 fee per cash redemption), ₹0.60 on other redemptions except air miles.
Points are earned only on spends up to the assigned credit limit in each statement cycle. The bank's 0.7-point rate for revised merchant categories does not apply to rent on this card, and no other rent rate is stated. Cash redemption is limited to 2,500 points a calendar month.
No rewards on
- Fuel Product page
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived at petrol pumps across India (no cap or transaction range is stated) Terms
Also on this card
Quoted from IndusInd Bank; not counted in the net value.
- Links to UPI apps; 2 points per ₹100 on UPI payments Product page
- Non-cash redemptions (except air miles) at ₹0.60 a point Product page
- Travel insurance worth ₹2.25 lakh, including lost baggage up to ₹1 lakh Product page
- Total Protect fraud cover up to the credit limit Product page
Eligibility
- Age 18 or above (IndusInd's criteria for Indus Easy Credit Cards applied for online) Terms
- Age 70 or below (IndusInd's criteria for Indus Easy Credit Cards applied for online) Terms
- Salaried or self-employed Terms
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by IndusInd Bank in the documents read
- the GST rate (the MITC says GST is charged at the current rate notified by the Government)
- a welcome benefit
- a card-specific income requirement (the listing gives a net monthly income of at least Rs.20,000 for Indus Easy Credit Cards in general, written as "Rs.20, 000")
Documents that disagree
- Joining fee: the MITC lists ₹10,000 for this card (actual fees conveyed at application), while the product page calls it lifetime-free and its FAQ says only a one-time joining fee applies, without an amount. CardWise shows the MITC figure; the fee actually offered may be lower.
Disputed figures are not used as if they were certain.
The quotes behind the figures
29 figures, each copied from an official IndusInd Bank document.
Show every quote and source
“Platinum RuPay Credit Card ₹10,000 NIL NA”
“The Platinum RuPay Credit Card has only a one-time joining fee applicable; there is no annual fee.”
“However, note that it comes with 3.5% Forex Mark-up.”
“Your reward points will be converted into cash credit @ 1 reward point = INR 0.35 of cash value.”
“Earn 2 Reward Points on every ₹ 100 transaction done through UPI”
“IndusInd Bank Platinum RuPay Credit Card 0.7 Reward Points for every Rs.100 (does not apply to Real Estate/Rental Payments)”
“Earn 0.70 for every ₹ 100 on select merchant categories (Applicable for both UPI & Non-UPI transactions)”
“Utility Bill Payments Insurance Premium Payments Government Services/Charges/Payments Education Institute Fees Real Estate/Rental Payments (effective 20th January, 2022)”
“Earn 1 Reward Point for every ₹ 100 on non UPI transactions”
“Fuel transactions will not accrue any reward points”
“Earn 2 Reward Points on every ₹ 100 transaction done through UPI Fuel Surcharge Waiver Apply Now”
“Platinum RuPay Credit Card Lifetime Free”
“Apply for the lifetime-free RuPay Credit Card now!”
“Joining Fee (Actual Fees will be conveyed at the time of application)”
“All other Credit Cards (not specified above) - 3.5 %”
“Maximum reward points allowed for cash redemption is 2500 per calendar month (Effective 1st September 2024).”
“Reward Points will be earned only for spends up to assigned credit limit in every statement cycle”
“Both existing and new customers are eligible to apply.”
“Check out the eligibility conditions for Indus Easy Credit Cards below:”
“Income: Your net monthly income should be at least Rs.20, 000”
“For Cash Redemption - ₹149 w.e.f 1st April 2025.”
“Waiver of 1% fuel surcharge is applicable. The waiver is applicable across all petrol pumps in India”
“From 15th December 2024, the value of non-cash redemption (excluding airmiles) will be 1 RP = Rs.0.60”
“Travel insurance coverage worth 2.25L, with lost baggage coverage up to ₹1 lakh, passport loss cover up to ₹50,000 and Delayed baggage/ Lost ticket/ Missed connection up to ₹25,000 each.”
“Total Protect is a first-of-its-kind program that covers you for a sum up to the credit limit on your”
“Age: To apply, you must be at least 18 years old. On the other hand, the upper-limit age is 70 years.”
“Occupation: All Salaried and Self-Employed individuals can apply”
“Not Holding any IndusInd Bank Credit Card? Apply Now”
“Pay Now with UPI on your IndusInd Bank Platinum RuPay Credit Card.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with IndusInd Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is IndusInd Bank’s own file from its website, unaltered, fetched 2026-10-16. Methodology