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1st Year Fee: ₹ 0
Travel
Low forex markup fee of 1.5%
Rewards
Up to 6X rewards on every spend
Movies
Free movie tickets every year
Author: Shruti Sharma
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IndusInd Bank Tiger Credit Card is a lifetime free card offered in collaboration with Tiger Fintech (A Bajaj Capital Group company). The card is designed for consumers who want to save on their spends through reward points. With this card, you can earn up to 6X rewards (6 points per Rs. 100 spent) across all categories. However, the card works differently with the spend-based reward structure. On annual spends of up to Rs. 1 Lakh, the card offers a reward rate of 1.2%; however, on annual spends above Rs. 5 Lakh, this reward rate increases to 7.2%.
Besides the rewards program, the card also offers decent travel benefits, including a low forex markup fee of 1.5% (a benefit usually offered by premium credit cards) and complimentary international & domestic lounge visits. Also, other benefits like complimentary golf games/lessons, free movie tickets and unlimited fuel surcharge waiver add to the card’s overall value.
With no joining and annual fees, this card turns out to be a decent option for consumers who are inclined towards rewards but also want to avail decent travel & lifestyle benefits. However, before opting for this card, you should analyze whether you will be able to make the most of it by achieving the annual spending milestone of Rs. 5 Lakh for a higher reward rate.
Note: This Card is not available on Paisabazaar. The content on this page is for information only. To express interest in this card, please visit IndusInd Bank’s website.
Reward Earning1,2
Reward Redemption

IndusInd Bank Tiger Credit Card operates differently when it comes to reward points. Unlike other credit cards that offer rewards depending on the spending category, this card gives you good value back through rewards on achieving spending milestones. The card comes with multiple spending milestones, allowing you to earn higher rewards as you achieve each spending milestone. With this card, the more you spend, the more rewards you will earn. You can maximize the benefit of reward points by spending Rs. 5 Lakh in a year. In addition to the different reward structure, this card offers good value back through the redemption value, especially when redeeming earned rewards against Airmiles, as 1 Reward Point is equivalent to 1.2 Airmiles.

Travel Benefits
Movie Benefit
Golf Benefit
Other Lifestyle Benefits
| Fee Type | Amount | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining Fee | Nil | ||||||||||||||||
| Annual Fee | Nil | ||||||||||||||||
| Finance Charges | 3.5% p.m. | 42% p.a. | ||||||||||||||||
| Late Payment Fee |
|
Considering you have spent Rs. 6 Lakh in an anniversary year. You can save up to Rs. 8,000 via IndusInd Bank Tiger Credit Card reward points as per the below details:
| Annual Spends | Reward Multiplier | Rewards Earned |
|---|---|---|
| Rs. 1 Lakh | 1 | 1,000 |
| Rs. 1.5 Lakh | 2 | 3,000 |
| Rs. 2.5 Lakh | 4 | 10,000 |
| Rs. 1 Lakh | 6 | 6,000 |
| Total: Rs. 6 Lakh | 20,000 | |
From the above illustration, it is clear that you will earn 20,000 reward points on annual spends of Rs. 6 Lakh. Considering you will redeem the reward points against cash at a value of 1 Reward Point = Rs. 0.40, you can save Rs. 8,000 on your annual spends.
With this card, cardholders can save up to Rs. 38,612 in a year as per the below details:
| Category | Savings |
|---|---|
| 20,000 rewards on annual spends of Rs. 6 Lakh | Rs. 8,000 |
| 4 complimentary golf games or lessons per year at Rs. 4,000 each per year | Rs. 16,000 |
| Assured BookMyShow 2 tickets of Rs. 500 per year | Rs. 1,000 |
| Complimentary domestic lounge access per year at $14 per visit | Rs. 9,184* |
| 2 complimentary international lounge access per year at $27 per visit | Rs. 4,428* |
| Total Savings | Rs. 38,612 |
*USD INR rate is considered at Rs. 82.
You are looking for a lifetime free credit card
You can easily spend Rs. 5 Lakh in a year
You frequently travel internationally
You prefer to redeem earned rewards against Airmiles
You are ready to pay a higher annual fee
You want to earn higher rewards without any spend-based condition
Travel3.5/5
Rewards3.0/5
Lifestyle Benefits3.0/5
IndusInd Bank Tiger is a lifetime free credit card with decent travel benefits, including a low forex markup fee of 1.5% along with complimentary domestic & international lounge visits. Besides travel, cardholders can also avail lifestyle benefits like complimentary golf games/lessons, free movie tickets and uncapped fuel surcharge waiver. Additionally, the reward rate of 7.2% (if redeemed against Airmiles) is decent, considering this is a lifetime free credit card.
IndusInd Bank Tiger Credit Card is a reasonable choice for consumers looking for a rewards credit card with decent travel benefits. While this lifetime free card stands out due to its travel and lifestyle benefits, it lags behind when it comes to the rewards program. The card offers a maximum reward rate of 7.2% (if redeemed against Airmiles) but only on annual spends of Rs. 5 Lakh or above, which may not be a preferable spending milestone for some consumers. Overall, if you prefer to redeem rewards against Airmiles and are looking for a credit card with decent travel & lifestyle benefits, this can be an ideal option.
Everything you need to know about this credit card
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Shruti Sharma is a skilled content writer with a passion for simplifying personal finance for consumers. Specializing in credit cards and financial planning, she offers valuable insights that empower individuals to make informed financial choices. Through her writing, she shares practical tips and guides readers through the nuances of credit card usage.