CRED, often referred to as the fintech unicorn, has partnered with IndusInd Bank to launch a co-branded card. The all-new CRED IndusInd Bank RuPay Credit Card shall offer rewards on e-commerce websites. This card comes with zero joining fees and an annual charge of ₹499 + GST from the second year onwards.
Kunal Shah, founder of CRED, said, “The creditworthy deserve the freedom of choice. The new CRED credit card program turns every online spend into an act of self-expression, with rewards that follow taste, not terms. Instant redemption upgrades every transaction, merging product, platform, and privilege into a seamless lifestyle extension.”
Benefits of the New CRED IndusInd Bank RuPay Credit Card
Given below are some of the top features of the new IndusInd Bank CRED RuPay Credit Card.
- E-commerce transactions: Earn 5 CRED Points per ₹100 spent. Maximum 5,000 Points each month.
- CRED Pay, CRED Travel & CRED Store: Earn 5 CRED Points per ₹100 spent
- CRED UPI: Earn 5 CRED Points per ₹100 spent
- CRED UPI Scan & Pay: Earn 1 CRED Point per ₹100 spent. Maximum 500 Points each month.
- Utilities & Insurance Payments: Earn 1 CRED Point per ₹100 spent
- Redeem Your Way: Use points at 500+ CRED Pay merchants, shop from 2,000+ products on the CRED Store, or book flights (powered by Ixigo) and 8,00,000+ hotels (powered by Expedia). Every point = Up to ₹1.
- Seamless Usage: Points are applied automatically across the ecosystem wherever relevant.
- Simple Onboarding: Zero joining fee, with a quick 2-minute application process.
Note: CRED Coins and CRED Points are completely different reward systems and have no relation to each other.
Bottom Line
The CRED IndusInd Bank co-branded credit card had already stirred interest among CRED’s large user base. Many users were anticipating such a launch, and with fintech-driven cards gaining popularity in India, this move feels timely.
The IndusInd CRED RuPay Credit Card, launched on 15th September 2025, is designed for CRED’s digital-first members who value flexibility and high rewards on everyday spending. With 5 CRED Points per ₹100 on e-commerce, CRED Pay, CRED Travel, CRED Store, and UPI transactions, along with 1 Point per ₹100 on utilities, insurance, and Scan & Pay, the card offers a strong rewards structure.
This is an easily affordable card as it comes with zero joining fees and an annual charge of ₹499 + GST from the second year.
Another super premium credit card is on the way from CRED. While complete details are yet to be revealed, the newly announced Sovereign Credit Card is expected to be launched on RuPay Ekaa and positioned as a top-tier, super premium offering.
15 comments
Kandaraj
Good
Zulfikar Surani
For invite only means
To be referred by the person who has it ??
Kartik Kanwar
No, I think CRED would have a different criteria, something like who holds the most kind of thing especially since they have launched several new features.
Aasif
Aasif
Roni Md
Can anyone give details about complete list of eligible CC accepted for the lounge access at BLR T2 terminal Arival 080 lounge?
Abhishek Chatterjee
CRED launches the 18k carat gold credit card, invite-only, powered by the RuPay Ekaa network.
SUDHEER
Earlier CRED app was good at the time of its inception. I have got many amazon gift cards for referrals. Now, it has become worst
Gourav kumar
Please credit card 💳 muje lena hai kese milega
Byju
I agree to the comments given above.
Kuswanto Julian
Good
Indusind
2 chor company milke ek achi Emandari brand banayegi 😊😁
S.P
Due to significant concerns regarding the quality of its customer support, IndusInd Bank may not be a suitable partner for a co-branded credit card.
CRED should explore alternative banking partners to ensure a superior customer experience.
Like what PhonePe did with SBI & HDFC.
Shankar Parsramani
Hahhaaaahaaaaaa
Raju
@sachin Rana Have you ever used cred? Give me examples of useful companies that you know of. May be I’m missing something useful. But I agree that cred coins are useless
Sachin Raina
Two useless companies collaborating to launch a third useless thing. I’m sure it’ll give cred like coins in the name of rewards with no worth.