By Rajat Gaur
Updated On August 22, 2022

Crest credit card by IndusInd bank is a top-end offering that comes packed with many premium benefits including a 24×7 concierge service, personal air accident cover, complimentary LoungeKey membership, and multiple best-in-class privileges that one expects from a premium credit card. The Crest card is very much similar to IndusInd bank’s own Indulge credit card (we’ve already covered the Indulge card in our earlier posts). That being said, Crest credit card offers a few additional travel benefits. Not only lounge access, but it comes with various other premium advantages, such as complimentary stays at Oberoi hotels, special airport services, etc.

Coming to its entertainment benefits, one can avail of complimentary movie tickets (3 per month) by booking through BookMyShow. Making your dining experiences more rewarding, it provides you with Club ITC Culinaire membership and up to 25% savings on your dining bills. To know more about this card, keep reading.

(4.2/5)

Best Suited For

Travel | Shopping |

Joining Fee

Rs. 1,00,000 (annual fee of Rs. 10,000 to be paid in this case) or Rs. 2,00,000 (annual fee waived in this case)

Reward Type

Reward Points |

Product Details

  • 2.5 Reward Points for every Rs. 100 spent on all international purchases.
  • 1 Reward Point for every Rs. 100 spent on all domestic transactions.
  • Reward Points can be transferred to partner airlines’ AirMiles programs or redeemable against Cash Credit.
  • Complimentary access to domestic and international lounges.
  • Airport benefits including private check-in, private (arrival and departure) lounge, chauffeured car (to and from the aircraft), luggage delivered directly to the private arrival lounge, etc.
  • Discount on dining bills with Club ITC Culinaire membership.
  • Complimentary golf lessons and golf games every year with the exclusive golf program and MasterCard golf program each.
  • Buy One Get One offer on BookMyShow movie tickets (max 3 free tickets/month). Free ticket price capped at Rs. 700. Additional discount of Rs. 50 on selecting the F&B option.
  • Up to Rs. 3,000 off on dining bills at over 100 partner restaurants.
  • Lost card liability cover from up to 48 hours prior to reporting the loss of card.
  • Personal air accident cover (worth Rs. 2.5 crores).

Rewards and Benefits

Welcome Benefits

N/A

Movie & Dining

Buy One Get One ticket offers on BookMyShow (max 3 free tickets per month), exclusive dining benefits with Club ITC Culinaire membership.

Rewards Rate

2.5 Reward Points per Rs. 100 you spend on international transactions and 1 Reward Point per 100 you spend on domestic transactions.

Reward Redemption

1 RP = Re. 1 for redeeming against cash credit and 1 RP = 1 AirMile when redeeming against partner airlines’ airmiles.

Travel

LoungeKey membership with complimentary lounge access per quarter, and complimentary access to domestic lounges under the MasterCard India lounge access program.

Golf

3 complimentary golf rounds and golf lessons every month with the exclusive golf program and 12 complimentary golf lessons & golf games every year with the Mastercard Golf program.

Domestic Lounge Access

2 complimentary domestic lounge visits quarterly under the MasterCard Lounge access program.

International Lounge Access

2 complimentary international lounge visits every quarter with the LoungeKey membership

Insurance Benefits

Personal air-accident cover worth Rs. 2.5 crores, lost card liability protection from 48 hours prior to the time of reporting the loss of card.

Zero Liability Protection

Zero cost liability protection from 48 hours prior to reporting the loss of card.

Fees & Charges

Joining Fee

Rs. 1,00,000 (annual fee of Rs. 10,000 to be paid in this case) or Rs. 2,00,000 (annual fee waived in this case)

Renewal Fee

Rs. 10,000 (if joining fee of Rs. 1,00,000 was paid), Nil (if joining fee of Rs. 2,00,000 was paid)

Spend based Waiver

Annual membership fee waived off on spending Rs. 20,00,000 in the previous year

Rewards Redemption Fee

Rs. 100

Rewards Redemption Fee

Rs. 100

Foreign Currency Markup

3.5% + GST

Interest Rates

2.99% per month (or 36% annually)

Fuel Surcharge

Waived for transactions between Rs. 400 and Rs. 4,000

Cash Advance Charge

2.5% of the advanced amount, subject to a minimum amount of Rs. 300

Add-on Card Fee

Rs. 10,000

Indusind Bank Crest Credit Card Rewards:

  • 2.5 Reward Points per Rs. 100 on all international spends.
  • 1 Reward Point for every Rs. 100 spent on all domestic spends.

Reward Redemption:

  • Redeem the reward point earned against an array of options at Indusmoments.
  • Transfer the Reward Points to partner airlines’ AirMiles programs. 1 RP = 1 AirMile.
  • Reward Points are redeemable for cash credit (i.e. to pay your card bills). 1 Reward Point = Re. 1.

Travel Benefits:

  • Reward Points redeemable for AirMiles at partner airlines.
  • LoungeKey membership with 2 free international lounge visits per quarter per guest.
  • 2 complimentary domestic lounge access every quarter under the MasterCard India Lounge program.
  • 1 complimentary night stay with 2 nights’ stay (total 3 nights at the price of 2 nights), complimentary breakfast for two, late check-out, and a complimentary room upgrade at Oberoi hotels and resorts.
  • Premium airport services including a private lounge, chauffeured car, direct delivery to arrival lounge, etc

Dining Benefits

  • Discount on dining bills with Club ITC Culinaire membership.
  • Green Points is equivalent to 25% of the spends on the eligible food and beverages at ITC Hotels and Welcome Hotels.
  • 20% savings on dining bills at Fortune and WelcomHeritage Hotels.
  • 1,000 bonus Green Points on every accumulated spend of Rs. 25,000 on food and beverages (up to a maximum spend of Rs. 1,00,000).

Movie Benefits:

  • Buy one movie ticket from BookMyShow and get another ticket absolutely free. You can get a maximum of 3 tickets per month. Maximum discount capped at Rs. 700 (if the ticket price exceeds Rs. 700, the rest of the amount has to be paid with the card). Additional discount of Rs. 50 on selecting the F&B option.
  • 20% off on theatre and events bookings on BookMyShow (max discount capped at Rs. 700).

Golf Privileges:

  • 3 complimentary golf games and 3 golf lessons every month with the exclusive Golf Program.
  • 12 complimentary rounds of green fees and 12 complimentary golf lessons (3 per quarter) every year with the MasterCard golf Program.
  • 4 complimentary green fees for guests (not more than 1 per quarter).

Insurance Benefits:

  • Complimentary cover for personal air-accident worth Rs. 2.5 crores.
  • Lost card liability protection is applicable from up to 48 hours before reporting the loss of the card.

How to apply:

Apply for the Crest credit card on the IndusInd bank’s official website. You need to submit a few documents including address/identity proof and proof of income to get your application processed.

Customer Care:

For any assistance or to report the loss of a card, you may dial IndusInd bank’s customer care number 1860 267 7777 from your registered phone number.

Conclusion:

Keeping all its benefits in mind (travel benefits in particular), and a high reward rate on both domestic as well as international spends, the Crest credit card by IndusInd bank, despite its high membership fee, can be considered a really attractive offering, at least for the high net-worth customers of the bank who don’t want to compromise with their lifestyle requirements. That’s our take on this top-end offering by the IndusInd bank. What are your views on this credit card? Let us know in the comments. And in case you have already used the card, don’t forget to share your experience.

FAQs:

The reward points earned in the Crest credit ard are valid for a period of 1 year from the date of their accrual. If you are unable to use the points, the points will expire after 1 year.

No, there is no Priority Pass membership offered with this card. You get LoungeKey membership with 2 complimentary international lounge visits with this card.

Yes, an air accident insurance cover worth Rs2.5 crores is offered with the crest card.

Yes, the crest card with the Visa payWave technology does support contactless payments. For transactions up to Rs. 5,000 you do not need to enter the PIN.

Write A Comment

Sign up for the Card Insider Weekly Newsletter!

By providing my email address, I agree to cardinsider.com’s  Privacy Policy

Thanks For Subscribing!

Please confirm the email address

Please verify your email address

Add cards to start comparing

Compare Cards