IndusInd Bank Launches Club Vistara IndusInd Bank Explorer Credit Card

IndusInd Bank, in partnership with Club Vistara, has just launched a new co-branded credit card: Club Vistara IndusInd Bank Explorer Credit Card. Targeting HNIs (High Net Worth Individuals), it is a premium credit card that comes with a joining fee of Rs. 40,000 and exclusive benefits across various categories, especially travel. The bank has already been issuing several premium credit cards and this newly launched card adds more value to the bank’s offerings. We have here summarized all the important details that you must know about this credit card:

Features – Club Vistara IndusInd Bank Explorer Credit Card

Annual Fee – Rs. 40,000
Renewal Fee – Rs. 10,000

Being Club Vistara co-branded card, it comes with complimentary Club Vistara Gold membership (it’s valid only for 1st year unlike in Axis Bank Vistara Infinite card where Club Vistara gold membership gets renewed every year) and earns you CV Points on every spend you make. Along with that, you get a complimentary business class ticket and gift voucher worth Rs 40,000 which can be redeemed at various brands as welcome benefits. You can earn up to 8 CV Points on every Rs. 200 you spend.

The card can be considered best suited for travel as it comes with several exclusive travel benefits, including 4 complimentary domestic lounge access every year and complimentary Priority Pass membership with 16 complimentary international lounge visits per year. Moreover, you can avail of up to 2 complimentary movie tickets capped at Rs. 700 each, every month, and a 20% discount on event bookings on BookMyShow.

Talking about its dining benefits, you can get Rs. 3,000 off on your dining bill two times every year at more than 100 premium restaurants. Moreover, you get several insurance covers, including personal air accident cover worth Rs. 2.5 crores, lost baggage cover worth Rs. 1 lakh, and many more.

Other exciting benefits of the Club Vistara IndusInd Bank Explorer Credit Card are:

• Milestone benefits where you can get up to 5 business class tickets on spending Rs. 15 lacs
• No foreign currency transaction charges.
• No cash advance charges.
• No over-limit charges.
• No late payment fee.
• No add-on card fee.

Bottom Line

Though the Club Vistara IndusInd Bank Explorer Credit Card has a high joining & annual fee, all the benefits provided by the card make it worth it. The joining fees is also offset by the reward vouchers provided by the bank. This new credit card seems to be a great choice for frequent international fliers, not only because it provides complimentary lounge access, but also because it comes with no foreign currency markup fee, which is a really unique feature of this card. Considering all these points, the card can be listed among the premium IndusInd cards in the market.