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IndusInd Bank has launched its first RuPay Credit Card. This unique card will offer you 2 Reward Points for every Rs. 100 spent on UPI transactions. There has been a steady rise in banks offering RuPay Credit Cards. This is mainly because of the increasing popularity of the RuPay network and the ease of linking it with the UPI application of your choice.

Introducing the Platinum RuPay Credit Card – a credit card that is free for life and is bound to pique the interest of both veteran and first-time cardholders. This card is particularly beneficial for those who frequently make transactions through their UPI apps, such as Google Pay, PhonePe, and Paytm.

Earn rewards on every spend with the IndusInd Bank Platinum RuPay Credit Card. Read on for benefits and review.

IndusInd Bank Platinum RuPay Credit Card
(4.6/5)

Joining Fee

Nil

Renewal Fee

Nil

Best Suited For

Shopping |

Reward Type

Reward Points |

Welcome Benefits

N/A

Movie & Dining

N/A

Rewards Rate

2 RPs for Every Rs 100 Spent on UPI. 1 RP for Each Rs 100 Non-UPI Transaction

Reward Redemption

1 RP = Rs 0.35. RPs Can Also Be Redeemed on Indus Moments

Travel

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

Travel Insurance is Provided

Spend-Based Waiver

N/A

Rewards Redemption Fee

Rs. 100

Rewards Redemption Fee

Rs. 100

Foreign Currency Markup

3.5%

Interest Rates

3.83% Monthly (46% Yearly)

Fuel Surcharge

1% Fuel Surcharge Waiver (Rs. 40 Monthly & Rs. 480 Annually)

Cash Advance Charges

2.5% of the Total Transaction Amount or Rs. 300 Minimum

  • Earn 2 RPs on Rs. 100 Spent on UPI Transactions
  • Earn 1 RP on Rs. 100 Spent on Non-UPI Transactions

Pros

  • You can use this credit card and make transactions with your UPI apps like Google Pay, Paytm, etc.
  • This is a lifetime free credit card with no annual or renewal charges.

Cons

  • This card does not provide any lounge access or dining/movie benefits.

IndusInd Bank Platinum RuPay Credit Card Features

Let us now have an in-depth look at all the features and main highlights of the Platinum UPI Credit Card.

Petrol Surcharge Waiver

Save up to Rs. 480 per annum with a 1% fuel surcharge waiver offered with IndusInd Bank Platinum RuPay Credit Card.

UPI Enabled

You can link this credit card to the UPI application of your choice and make quick transactions with your mobile phone.

Travel Insurance

Insurance Cover Sum Assured (up to)
Lost Baggage ₹ 1,00,000
Delayed Baggage ₹ 25,000
Loss of Passport ₹ 50,000
Lost Ticket ₹ 25,000
Missed Connection ₹ 25,000

IndusInd Bank Platinum RuPay Credit Card Rewards

  • You will get 2 Reward Points on every Rs. 100 spent with UPI.
  • You shall receive 1 Reward Point for every non-UPI transaction of Rs. 100.
  • You will also earn Rs. 0.70 for all eligible spends. This is valid for both UPI and non-UPI transactions.
  • You shall only earn Reward Points up to your given credit limit. 
  • No Reward Points shall be awarded for utility bills, government services, insurance premiums, education fees, spends on fuel, and rental payments.

Redemption of Reward Points

You can redeem your Reward Points earned with the Platinum RuPay Credit Card for the following.

  • Earn instant discounts, cashback offers, and a lot more on popular brands with IndusMoments.
  • You can use your rewards points to redeem Club Vistara Points. 100 Reward Points = 100 Club Vistara Points.
  • Redeem your reward points for InterMiles. 100 Reward Points = 100 InterMiles.
  • You can use your reward points to redeem their cash value and pay your outstanding credit card. 1 Reward Point = Rs. 0.30.

IndusInd-Platinum-RuPay-Card-Image

How to Apply for an IndusInd Platinum RuPay Credit Card?

The application process for IndusInd Platinum RuPay Credit Card is fairly easy. You just have to follow these steps.

  • Click on Apply Now,
  • You shall then be redirected to the official bank website,
  • Fill in your particulars and
  • Submit your application for the new card.

How to Link Your Platinum RuPay Credit Card With UPI?

Quickly link your Platinum RuPay Credit Card on UPI in a few steps given below.

  • Open your UPI app* BHIM, PhonePe, Paytm, or Google Pay.
  • Select the option “Add Credit Card/Link Credit Card”
  • Select Credit Card Issuer Bank (IndusInd Bank)
  • Select your IndusInd Bank Platinum RuPay Credit Card
  • Proceed to generate UPI PIN

IndusInd Bank Platinum RuPay Credit Card Review

The IndusInd Bank Platinum RuPay Credit Card is most suited for people who make regular payments through UPI. Whether it’s groceries or dining, you can earn 2 Reward Points on every spend of Rs. 100 with the UPI application of your choice. Not only this, transactions not made through UPI shall also get 1 Reward Point for every Rs. 100 spent.

Although this card offers reasonable rewards for UPI payments, there are a few other benefits associated with it. This entry-level credit card is designed for beginners or first-time cardholders to build their credit score and adjust to using a credit card.

Tell us your thoughts on this latest offering by IndusInd Bank.

FAQs:

This is a lifetime free offering by IndusInd Bank. There are no annual or renewal charges associated with this card.
Yes, the IndusInd Bank Platinum RuPay Credit Card can be linked to the UPI application of your choice. 
No, this card doesn't have any complimentary lounge access with it.
IndusInd Bank Platinum RuPay Credit Card

IndusInd Bank Platinum RuPay Credit Card

(4.6/5)

1 Comment

  1. sanjay Reply

    no upi application accepting this credit card.
    you will regret after taking this card.

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