IndusInd Platinum Aura Edge Credit Card: The Best No-Annual-Fee Credit Card for You?

The IndusInd Platinum Aura Edge Credit Card! Enjoy lifetime-free benefits, up to 8X rewards on shopping, dining, and travel, plus travel insurance. Compare with peers, uncover pros and cons, and maximize savings with this flexible, no-annual-fee card. Is it your perfect credit card match?
The IndusInd Bank Platinum Aura Edge Credit Card is an entry-level, lifetime-free credit card designed for individuals seeking a rewarding shopping and lifestyle experience. Tailored for beginners and those with moderate spending habits, it offers flexible reward plans, contactless payment technology, and basic travel insurance benefits. With no annual fee and a low joining fee, this card is positioned as an accessible option for users looking to start their credit journey or maximize rewards in specific spending categories like shopping, travel, dining, or entertainment.
This card stands out for its customizable reward structure, allowing cardholders to choose from four distinct plans—Shop, Home, Travel, and Party—to align with their spending patterns. It is accepted at over 10 lakh merchant outlets in India and 30 million worldwide, making it versatile for both domestic and international transactions. Additionally, its contactless feature ensures fast and secure payments, enhancing convenience for everyday purchases.
Review
The Platinum Aura Edge Credit Card is a solid choice for those new to credit cards or seeking a cost-effective option with decent rewards. Its lifetime-free status eliminates the burden of annual fees, making it appealing for budget-conscious users. The card’s unique selling point is its flexible reward plans, which allow users to earn up to 8X reward points on select categories, translating to a maximum cashback of approximately 1.6% when redeemed as cash credit. However, its reward rate for non-specific categories (0.2% cashback) is relatively low compared to competitors, limiting its appeal for high spenders or those seeking premium benefits like lounge access.
The card’s travel insurance benefits, including coverage for lost baggage, delayed baggage, and air accident insurance, add value for occasional travelers. The 1% fuel surcharge waiver is a practical perk, though capped at Rs. 100 per billing cycle. Customer service feedback varies, with some users reporting issues with card registration on the IndusInd website or mobile app, while others praise the bank’s responsiveness for issues like lost card reporting.
Overall, the card is best suited for users with predictable spending in specific categories (e.g., department stores, dining, or travel) who value a no-annual-fee card with moderate rewards. However, it falls short for those seeking premium perks, higher reward rates, or robust customer support.
IndusInd Platinum Aura Edge Credit Card

- Joining Fees: Nil
- Annual Fees: Nil
- Lifetime Free Card
- Flat 10% off on boAt products
- Lifestyle: Get an Additional 15% off on Lifestyle Orders Above Rs 1999
Rewards and Benefits
The IndusInd Platinum Aura Edge Credit Card offers a tailored rewards program with four plans to choose from, each designed to cater to different lifestyles:
Reward Plans
- Shop Plan:
- 4 points per Rs. 100 on department store purchases (1.6% cashback).
- 2 points per Rs. 100 on consumer durables/electronics (0.8% cashback).
- 1.5 points per Rs. 100 on restaurant bills and books (0.6% cashback).
- 0.5 points per Rs. 100 on other spends (0.2% cashback).
- Home Plan:
- 4 points per Rs. 100 on grocery purchases (1.6% cashback).
- 2 points per Rs. 100 on consumer durables/electronics (0.8% cashback).
- 1.5 points per Rs. 100 on utility bills (0.6% cashback).
- 0.5 points per Rs. 100 on other spends (0.2% cashback).
- Travel Plan:
- 2.5 points per Rs. 100 on airline bookings (1% cashback).
- 1.5 points per Rs. 100 on hotel bookings (0.6% cashback).
- 1 point per Rs. 100 on car rentals (0.4% cashback).
- 0.5 points per Rs. 100 on other spends (0.2% cashback).
- Party Plan:
- 4 points per Rs. 100 on restaurant dining (1.6% cashback).
- 2 points per Rs. 100 on movie tickets (0.8% cashback).
- 1.5 points per Rs. 100 on entertainment (0.6% cashback).
- 0.5 points per Rs. 100 on other spends (0.2% cashback).
Redemption Options
- Cash Credit: 1 point = Rs. 0.40 (maximum 2,500 points per month, effective September 1, 2024).
- Air Miles: 100 points = 100 InterMiles or 50 Club Vistara Points (InterMiles redemption discontinued from January 21, 2025; Club Vistara from October 31, 2024).
- Pay with Points: Up to 25% of the bill or 25% of reward points balance at partner merchants.
- Vouchers: Redeemable through IndusMoments for brands like Amazon, Flipkart, Big Bazaar, etc. (Rs. 100 + GST redemption fee applies).
Other Benefits
- Welcome Vouchers: Vouchers from brands like Amazon, Flipkart, Zee5, Apollo Pharmacy, Uber, Ola, Bata, and more, valid for 6 months.
- Fuel Surcharge Waiver: 1% waiver on transactions between Rs. 400–4,000, capped at Rs. 100 per billing cycle.
- Travel Insurance:
- 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.
- Air accident insurance: Rs. 25 lakh.
- Total Protect: Covers unauthorized transactions up to the credit limit, including 48 hours before reporting a lost/stolen card.
- Contactless Payments: Chip-based card for secure, tap-and-pay transactions at NFC-enabled terminals.
- Global Acceptance: Usable at over 10 lakh domestic and 30 million international merchants.
Note: Fuel transactions do not earn reward points (effective April 1, 2018).
Fees and Charges
- Joining Fee: Rs. 499 + 18% GST (sometimes waived for online applications).
- Annual Fee: None (lifetime free).
- Interest Rate: 3.95% per month (47.4% per annum).
- Foreign Currency Markup Fee: 3.5% + GST.
- Cash Advance Fee: 2.5% of the amount, minimum Rs. 300.
- Reward Redemption Fee: Rs. 100 + GST per redemption.
- EMI Conversion: 1.1% per month (13.2% per annum) with zero processing fees.
- Late Payment Fee: Varies based on outstanding balance (e.g., Rs. 100 for <Rs. 100; Rs. 500 for Rs. 100–500).
- Overlimit Fee: Not specified, but standard charges apply as per IndusInd’s schedule.
Pros
- Lifetime Free: No annual fee, making it cost-effective for long-term use.
- Flexible Rewards: Four reward plans cater to diverse spending habits.
- Welcome Benefits: Attractive vouchers from top brands enhance initial value.
- Travel Insurance: Decent coverage for occasional travelers.
- Contactless Payments: Convenient and secure for quick transactions.
- Easy Eligibility: Relaxed criteria suit first-time credit card users or those with average credit scores (700+ recommended).
Cons
- Low Base Reward Rate: Only 0.2% cashback on non-category spends.
- No Lounge Access: Lacks premium benefits like airport lounge access.
- High Interest Rate: 47.4% per annum is steep for carrying a balance.
- Foreign Markup Fee: 3.5% is higher than some competitors (e.g., IndusInd Legend at 1.8%).
- Redemption Fee: Rs. 100 + GST per redemption reduces reward value.
- Limited Air Miles Partners: Discontinuation of InterMiles and Club Vistara redemption limits options.
- Customer Service Issues: Some users report difficulties with card registration and support.
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Comparison with Peers
The following table compares the IndusInd Platinum Aura Edge Credit Card with similar entry-level, lifetime-free credit cards:
Feature | IndusInd Platinum Aura Edge | Axis Bank ACE Credit Card | ||
Annual Fee | Lifetime free | Lifetime free | Lifetime free | Lifetime free |
Joining Fee | Rs. 499 + GST (sometimes waived) | None | None | None |
Reward Rate | Up to 1.6% (4 points/Rs. 100) on select categories; 0.2% on others | 2% cashback on Google Pay, 1.5% on utilities, 1% on others | 5% cashback for Amazon Prime, 3% for non-Prime, 2% on Amazon Pay, 1% on others | 5% cashback on Flipkart/Myntra, 4% on partner merchants, 1.5% on others |
Reward Type | Points (1 point = Rs. 0.40) | Cashback | Cashback | Cashback |
Redemption Fee | Rs. 100 + GST | None | None | None |
Fuel Surcharge Waiver | 1% (Rs. 400–4,000, capped at Rs. 100/month) | 1% (Rs. 400–5,000, capped at Rs. 400/month) | 1% (Rs. 400–4,000, capped at Rs. 100/month) | 1% (Rs. 400–4,000, capped at Rs. 500/month) |
Foreign Markup Fee | 3.5% + GST | 2% + GST | 3.5% + GST | 3.5% + GST |
Travel Insurance | Up to Rs. 25 lakh (air accident), Rs. 1 lakh (lost baggage) | None | None | None |
Lounge Access | None | None | None | 4 domestic lounge visits/year |
Welcome Benefits | Vouchers (Amazon, Flipkart, etc.) | None | Amazon Pay cashback | Rs. 500 Flipkart voucher |
Interest Rate | 47.4% p.a. | 52.86% p.a. | 40.8%–43.8% p.a. | 52.86% p.a. |
Best For | Flexible rewards, shopping | Online spends, UPI payments | Amazon shoppers | Flipkart shoppers, lounge access |
Recommendations
The IndusInd Platinum Aura Edge Credit Card is recommended for:
- First-time credit card users or those with a credit score of 700+, due to its relaxed eligibility and lifetime-free status.
- Shoppers with specific spending patterns (e.g., department stores, dining, or travel) who can maximize the 1.6% cashback in their chosen reward plan.
- Occasional travelers who value basic travel insurance without needing premium perks like lounge access.
- Budget-conscious users seeking a no-annual-fee card with moderate rewards.
Not Recommended For:
- High spenders seeking premium benefits like lounge access or higher reward rates.
- Frequent international travelers, due to the high 3.5% foreign markup fee.
- Users prioritizing simplicity, as the reward plan structure and redemption fees add complexity.
Alternative Suggestions:
- Axis Bank ACE: Better for UPI and online spends with higher cashback and no redemption fees.
- Amazon Pay ICICI: Ideal for Amazon shoppers, offering up to 5% cashback and a lower interest rate.
- Flipkart Axis: Suits Flipkart/Myntra users and those needing occasional lounge access.
To apply, visit the IndusInd Bank website, complete the online form with personal and professional details, and submit digital documents. Ensure timely payments and low credit utilization to maximize benefits and improve your credit score.
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