IndusInd Bank Platinum

IndusInd Bank

IndusInd Bank Platinum credit card is a straightforward, all-round rewards card that earns 1% value back on all spends without any category restrictions or caps. At a nominal annual fee of ₹500 — reversed on spending just ₹75,000 per year — the card provides a simple, predictable rewards experience that works for everyone, regardless of spending patterns. The 1% value back on all spends — whether grocery, dining, fuel, shopping, or bills — means cardholders never have to think about which category their spend falls in or whether they've hit a monthly cap. On ₹1 lakh of monthly spending, the 1% return translates to ₹1,000 per month or ₹12,000 per year in reward points — a 24x return on the ₹500 annual fee. Two complimentary domestic airport lounge visits per year through the Visa Lounge Access program provide modest but useful travel benefits, especially for the occasional traveller who takes 1-2 flights per year. The 1% fuel surcharge waiver across all fuel stations provides consistent savings for commuters, adding roughly 1% effective value on fuel spends when combined with the base 1% reward. The ₹75,000 annual spending threshold for annual fee reversal is approximately ₹6,250 per month — highly achievable for most working professionals, making the card effectively free. The minimum income requirement of ₹2 lakhs per annum makes it accessible to a wide range of Indian consumers. Source: IndusInd Bank official website, updated May 2026.