IndusInd Platinum Credit Card
The IndusInd Platinum Credit Card is a premium card that offers a range of benefits on travel, lifestyle, dining and shopping. You can get gift vouchers from top brands as a welcome benefit, earn reward points for every spend, enjoy complimentary insurance cover, save on fuel surcharge, access 24×7 concierge service and more.
The IndusInd Platinum Credit Card is a premium card that offers a range of benefits on travel, lifestyle, dining and shopping. Some of the features of this card are:
- You can get gift vouchers from top brands like EazyDiner, Montblanc, Luxe Gift Card, The Postcard Hotel and more as a welcome benefit.
- You can earn 1.5 reward points for every Rs. 150 spent on your card. You can redeem your points for cash credit, airline miles or partner vouchers.
- You can enjoy complimentary insurance cover for lost baggage, delayed baggage, loss of passport, lost ticket and missed connection up to Rs. 1 lakh.
- You can save on fuel surcharge across all petrol pumps in India1.
- You can access 24×7 concierge services for travel assistance, dining reservations, entertainment bookings and more.
The joining fee for this card is Rs. 3,000 and there is no annual fee. The minimum income requirement for salaried and self-employed applicants is Rs. 25,000 per month. You can apply for this card online or by calling 1860 267 77771.
INDUSIND PLATINUM CREDIT CARD
- Lifetime Free Credit Card | No Joining or Annual Fees
- Earn 1.5 Reward Points (1 Reward Point = Rs 0.65) on every Rs 150 spent
- 1% fuel waiver charge on all petrol pumps across India
- Get complimentary ICICI Lombard Travel insurance under the Platinum Travel Plus
- Complimentary personal air accident insurance cover of upto Rs 25 lakhs
PARTNER DISCOUNTS
- Upto Rs 400 Off on Orders Above Rs 2000 on Ajio
- Rs 100 Off on purchase of Food & Beverage on Orders Above Rs 350 on PVR
- Additional 15% Off on Lifestyle on Orders Above Rs 1999
- Get Upto Rs 1000 Off on Flight & Hotel bookings on EaseMyTrip
- Get 15% discount (upto Rs 500) on Orders Above Rs 1500 on EazyDiner
IndusInd Platinum Credit Card eligibility Criteria
To apply for the IndusInd Platinum Credit Card, you must fulfill the eligibility criteria set by the bank. The eligibility criteria are as follows1:
- You must be between 21-65 years of age
- You must be Indian
- You must have a net monthly income of ₹25,000
- You should be working as a regular employee at a well-established company. If you are self-employed, you should be managing your business well
- You should have a good credit score.
Documents Required
- ID Proof- Copy of Passport, PAN Card/ UID, Driving License, Voter’s ID Card
- Income Proof- Salary Certificate, IT Assessment order, Latest Balance Sheet, Copy of latest Income Tax Return
- Address Proof- Aadhar Card, Voter ID Card, PAN Card, Utility Bills
- PAN Card
- Coloured Photographs
- Bank Statement for the last 3 months
Credit Card online application Process
The process for applying online for the IndusInd Platinum Credit Card is as follows:
- Visit the official website of IndusInd Bank at www.indusind.com.
- Go to Products > Credit Card > Apply Now.
- Enter your basic details such as name, email ID, mobile number, etc. on the online application form.
- Upload documents for identity proof and address proof.
- Sign the application digitally and complete instant V-KYC.
- Once your application is submitted, you will receive an acknowledgement message and a reference number.
- You can track the status of your application online or by calling 1860 267 77771.
Credit Card approval Time
The approval time for the IndusInd Platinum Credit Card may vary depending on your eligibility, documentation and verification process. According to the web search results, some sources suggest that you can get an instant approval if you apply online and complete the video KYC12. In that case, you can expect to receive your card within 24-48 hours3. However, some sources also mention that it may take 5-7 working days for your card to be dispatched and delivered to your address after your application is approved2. Therefore, the exact time frame may differ for each applicant. You can check the status of your application online or by calling 1860 267 7777.
IndusInd Platinum Credit Card Interest Rate
According to the web search results, the interest rate on the IndusInd Platinum Credit Card is 3.95% per month or 47.40% per annum. This is the finance charge that applies if you do not pay your full outstanding balance by the due date. The interest rate may vary depending on your credit score, spending pattern and payment history. You can avoid paying interest by paying your bill in full every month.
Credit Card credit Limit
The credit limit offered on the IndusInd Platinum Credit Card varies from applicant to applicant. The bank decides your credit limit after scrutinizing your application form, based on your income, payment history, debt and more. The initial credit limit that you get with the IndusInd Platinum Credit Card generally lies between Rs. 30,000 to Rs. 1.5 lakhs. The credit limit may increase or decrease over time depending on your usage and repayment behaviour. You can check your credit limit by logging into your online account or calling the customer care number.
IndusInd Platinum Credit Card international usage
Yes, you can use this card internationally for online and offline transactions in foreign currency. However, you will have to pay a foreign currency markup fee of 3.5% of the transaction amount. This fee is charged by the bank to cover the currency conversion cost and the risk involved in international transactions. You will also have to pay any applicable taxes or charges levied by the merchant or the local authorities in the country of transaction.
You can also use this card to withdraw cash from ATMs abroad, but you will have to pay an additional cash advance fee of 2.5% of the withdrawal amount or Rs. 300, whichever is higher. You will also incur interest charges from the date of withdrawal until the date of payment.
If you travel frequently abroad, you can enjoy complimentary access to over 700 airport lounges worldwide with your Priority Pass membership2. You can also avail of travel insurance benefits such as lost baggage, delayed baggage, loss of passport, lost ticket and missed connection up to Rs. 1 lakh. Please note that you will have to pay a usage fee of $27 per visit per person for accessing the lounges.
To use this card internationally, you will have to activate the international usage feature on your card. You can do this by logging into your online account or calling the customer care number. You can also set a limit for your international transactions to prevent any misuse or fraud on your card.
Conclusion
The IndusInd Platinum Credit Card is a premium card that offers a range of benefits on travel, lifestyle, dining and shopping. It is suitable for those who want to enjoy exclusive privileges, rewards and savings on their everyday expenses. It has a low joining fee, no annual fee, attractive interest rate and flexible credit limit. It also provides complimentary insurance cover, fuel surcharge waiver, 24×7 concierge service and access to airport lounges worldwide. It is a global card that can be used for transactions in foreign currency with a minimal markup fee. It is easy to apply for this card online and get instant approval with video KYC. The IndusInd Platinum Credit Card is a card that gives you more value for your money and more joy for your life.
Frequently Asked Questions (FAQs)
- What is the IndusInd Platinum Credit Card, and what are its key features?
- The IndusInd Platinum Credit Card is a premium credit card offered by IndusInd Bank. It comes with a range of features such as reward points on spending, airport lounge access, fuel surcharge waiver, and more. It is designed to provide cardholders with exclusive benefits and privileges.
- How can I apply for the IndusInd Platinum Credit Card?
- You can apply for the IndusInd Platinum Credit Card online through the IndusInd Bank website or by visiting a nearby branch. The application process typically involves providing your personal and financial details, and the bank will evaluate your eligibility before issuing the card.
- What are the rewards and benefits associated with the IndusInd Platinum Credit Card?
- The card offers various rewards, including reward points on every purchase, discounts on dining, and complimentary access to airport lounges. The specific rewards and benefits may vary over time, so it’s essential to check the latest terms and conditions provided by the bank.
- Is there an annual fee for the IndusInd Platinum Credit Card, and how can I waive it?
- Yes, there is an annual fee associated with the card. However, many banks offer options to waive or reduce this fee, depending on your spending patterns. To know more about fee waivers and eligibility criteria, you should contact IndusInd Bank or refer to the card’s terms and conditions.
- What is the credit limit on the IndusInd Platinum Credit Card, and can it be increased?
- The credit limit on your IndusInd Platinum Credit Card depends on various factors, including your income, credit history, and the bank’s assessment. You can request a credit limit increase by contacting the bank and providing updated financial information. The bank will review your request and make a decision based on your creditworthiness.
