Learn about the benefits, features, eligibility, and fees of IndusInd Bank Platinum Credit Card. Find out how to apply for the card online and the documents needed to do so.
Overview
IndusInd Bank Platinum Credit Card is a travel credit card with a wide range of offers on travel and lifestyle. With 4.0/5.0 ratings from 496 users, the card has features like a rewards program, insurance benefits, fuel surcharge waiver, and more.
Benefits
Benefits of IndusInd Bank Platinum Credit Card:
- Reward Points: Earn reward points on every transaction made using the card.
- Lounge Access: Free lounge access to over 1000 airport lounges across the world.
- Fuel Surcharge Waiver: Enjoy fuel surcharge waiver on fuel purchases made using the card.
- Cashback: Get cashback on selected categories like dining, shopping, and more.
- International Usage: Enjoy hassle-free international usage with no cross-currency charges.
- Easy Payment Options: Flexible payment options like easy EMI, cash advance, and balance transfer.
- Insurance Cover: Get complimentary insurance covers like air accident cover, lost card liability cover, and more.
- Complimentary Movie Tickets: Enjoy complimentary movie tickets on select days.
- 24×7 Customer Service: Enjoy 24×7 customer service and support for any queries or issues.
Features
The features of IndusInd Bank Platinum Credit Card include:
- Reward Points: Earn reward points on every purchase made with the card and redeem them for various lifestyle benefits.
- Contactless Payment: Make fast and secure transactions using the contactless feature of the card.
- Fuel Surcharge Waiver: Avail a fuel surcharge waiver of 1% on transactions at fuel stations.
- Complimentary Lounge Access: Get access to exclusive airport lounges across India and around the world.
- EMI Facility: Convert your purchases into easy EMIs and pay in flexible instalments.
- Insurance Cover: Enjoy insurance coverage against theft or loss of the card, air accident insurance, and more.
- 24×7 Customer Support: Avail round-the-clock customer support for all your queries and assistance.
- Global Acceptance: Use the card globally at over 32 million merchants and over 1 million ATMs worldwide.
Rewards
Earn 1.5 reward points on every Rs.150 spent, excluding fuel transactions. The reward points can be redeemed for gift vouchers, airline miles, or cash credit.
Fees and Charges
| Type of Fee | Amount (Rs.) |
|---|---|
| Joining fee | Rs. 3,000 |
| Annual fee | NIL |
| Interest charge | 3.83% per month |
| Cash withdrawal charges | 2.5% of the withdrawal amount or Rs. 300, whichever is higher |
| Add-on credit card fee | NIL |
| Late payment charges | See below |
Late Payment Charges (Rs.)
| Outstanding Balance | Charge |
|---|---|
| Up to Rs. 100 | NIL |
| Rs. 101 to Rs. 500 | Rs. 100 |
| Rs. 501 to Rs. 1,000 | Rs. 350 |
| Rs. 1,001 to Rs. 10,000 | Rs. 550 |
| Rs. 10,000 to Rs. 25,000 | Rs. 800 |
| Rs. 25,000 to Rs. 50,000 | Rs. 1,100 |
| Above Rs. 50,000 | Rs. 1,300 |
Some Extra Charges
| Type of Fee | Amount (Rs.) |
|---|---|
| Over limit charges | 2.5% of the over limit amount (min. Rs. 500) |
| Cheque return or bounce charges | Rs. 250 per return |
| Foreign currency mark-up fee | 3.5% |
| Cash payment fee (over the counter) | Rs. 100 |
| Re-issue of lost or stolen card | Rs. 100 |
| Duplicate statement request charge | Rs. 100 per statement (beyond last 3 months) |
Eligibility
To apply, you should have a good credit score and stable income source. The precise eligibility criteria would be communicated by IndusInd Bank.
Apply Now
Get started with IndusInd Bank Platinum Credit Card by applying online with a 100% paperless approval process.
Documents required to apply for IndusInd Bank Platinum Credit Card:
- Income Proof (salary slip, IT returns, etc.)
- Address Proof (Aadhar card, passport, utility bill, etc.)
- Identity Proof (Aadhar card, passport, PAN card, etc.)
Instructions to Apply for IndusInd Bank Platinum Credit Card Online:
- Visit the IndusInd Bank’s official website or the BankBazaar website.
- On the website, select the IndusInd Bank Platinum Credit Card page.
- Click on the “Check Eligibility” button to confirm your eligibility.
- Fill out the required information asked for and submit it.
- Once your eligibility is confirmed, continue to apply for the card.
- Enter the relevant personal and financial information in the application form.
- Upload the necessary documents like PAN card, income proof, and identity proof.
- Submit the completed application form.
- Receive an application ID for tracking the status of your card application.
Key Highlights
- Welcome benefits including EazyDiner vouchers and access to Luxe Gift Card
- Fuel benefits with surcharge waiver at fuel stations across India
- Zero liability on lost or stolen card with Total Protect program
- Personal air accident insurance worth Rs.25 lakh
- Insurance benefits including lost baggage, delayed baggage, loss of passport, missed connection, and more
- Credit limit decided by IndusInd Bank based on income, credit history, repaying capacity, etc.
FAQs
Frequently Asked Questions about IndusInd Bank Platinum Credit Card
- Is there a joining fee for the IndusInd Bank Platinum Credit Card? ->No, there is no joining fee for this credit card.
- Is there an annual fee for the IndusInd Bank Platinum Credit Card? -> No, there is no annual fee for this credit card.
- How do I redeem my reward points? ->Accrued reward points can be redeemed for gift vouchers from Indus Moments, airline miles, and cash credit. Visit the IndusInd Bank Platinum Card page to redeem the reward points.
- What is the credit limit on the IndusInd Bank Platinum Credit Card? ->Your credit limit on the Platinum Credit Card is decided by IndusInd Bank based on several parameters like your income, credit history, repaying capacity, etc.
- How many reward points do I earn on the IndusInd Bank Platinum Credit Card? ->You earn 1.5 reward points on every Rs.150 spent on the card.
- Are there any insurance benefits for the IndusInd Bank Platinum Credit Card? ->Yes, there are comprehensive insurance benefits for cardholders, including personal air accident cover, lost baggage, delayed baggage, loss of passport, lost ticket, and missed connection insurance.
- Are there any fees and charges associated with the IndusInd Bank Platinum Credit Card? ->Yes, there are fees and charges for late payment, over-limit, cheque return or bounce, foreign currency mark-up, cash payment fee, re-issue of lost or stolen card, and duplicate statement request.
- What is the eligibility criteria to apply for the IndusInd Bank Platinum Credit Card? ->You should have a good credit score and a stable source of income to apply for the IndusInd Bank Platinum Credit Card. The precise eligibility criteria would be communicated to you by the bank.
- Is there a surcharge waiver facility on fuel transactions with the IndusInd Bank Platinum Credit Card? ->Yes, there is a surcharge waiver facility on fuel transactions worth between Rs.400 and Rs.4,000, which is applicable on all fuel transactions.