IndusInd Bank Platinum Credit Card

IndusInd Platinum RuPay Credit Card is lifetime free and can be linked to your UPI account, allowing you to earn 2X rewards for every Rs. 100 spent. The earned rewards can be redeemed against numerous options, including rewards catalogue, airmiles, and cash credit, all at the same redemption value as that of the IndusInd Visa Platinum Credit Card. The card allows you to make both online and offline transactions while offering rewards on UPI spends. Additionally, it also offers insurance and fuel benefits similar to the Visa variant. Here are the key benefits of this card:

• 2 reward points on every Rs. 100 spent through UPI
• 1 reward point for every Rs. 100 spent on non-UPI transactions
• 0.70 reward point for every Rs. 100 spent on select merchant categories²
• 2 complimentary domestic lounge visits in a quarter with RuPay Select variant and 1 complimentary domestic lounge visit in a month with RuPay Credit Card at RuPay exclusive lounges at DEL T3 terminal
• Uncapped 1% fuel surcharge waiver across all petrol pumps in India on transactions between Rs. 400 to Rs. 4,000
• Lost Baggage: Rs. 1 Lakh | Delayed Baggage: Rs. 25,000 | Loss of Passport: Rs. 50,000 | Lost Ticket: Rs. 25,000 | Missed Connection: Rs. 25,000 | Personal Air Accident Insurance: Up to Rs. 25 Lakh

IndusInd Platinum, IDFC First Select, and SBI Prime, all credit cards give a decent value back through rewards for your transactions. Let’s understand with the help of an example how much you can save with these cards in a month:

The calculation for the above illustration is done based on the following assumptions:

• Reward redemption value of IDFC First Select and SBI Prime Credit Card is 1 RP = Re. 0.25
• Reward redemption value of IndusInd Platinum Credit Card is 1 RP = Re. 0.40

Here, the value-back earned via IndusInd Platinum Credit Card has been calculated on rewards redemption against cash credit. However, if you want to maximise your returns via rewards then you can also opt for non-cash redemption options where you get Rs. 0.60 value-back per reward point. Though you can also convert your accrued reward points into Krisflyer Miles, it will only give a value-back in the ratio 4:1.