M16S / IDBI Bank / IDBI Imperium Platinum Credit Card
entry · secured, rewards
IDBI Imperium Platinum Credit Card
The IDBI Imperium Platinum Credit Card costs Rs 499 a year, waived if you spend Rs 75,000 in a year. Its base return is 0.33% (2 Delight Points per Rs 150 on shopping, movies and travel). The forex markup is 3.5%. Read from the issuer's documents and an aggregator on 11 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- Rs 75,000annual spend
- Base return
- 0.33%
- Forex markup
- 3.5%
- Interest
- 2.9%a month
Apply on idbibank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 499 |
| Annual spend that waives the fee | Rs 75,000 |
| Fee notes | Joining fee nil. Annual fee Rs 499 from year 2, waived on minimum spends of Rs 75,000 in the preceding year. Closure within 1 year costs Rs 999 (MITC). |
Rewards
| Welcome benefitunverified | Up to 800 bonus points: 500 for Rs 1,500 spend within 30 days, 300 for Rs 1,500 in days 31-90 (cardinsider) |
|---|---|
| Reward currency | Delight Points |
| Base earnunverified | 2 Delight Points per Rs 150 on shopping, movies and travel |
| Base returnunverified | 0.33% |
| Point valueunverified | 1 point = Rs 0.25 (cardinsider) |
| Reward notes | base_return_pct = (2/150) x Rs 0.25 = 0.33%. MITC shows redemption fee nil; cardinsider shows Rs 100 per request. |
Travel and perks
| Forex markup | 3.5% |
|---|---|
| Fuel surcharge waiver | 1% waiver on fuel transactions of Rs 400 to Rs 4,000, capped at Rs 400 per month |
Charges and eligibility
| Interest per month | 2.9% |
|---|---|
| Late payment fee | Statement balance up to Rs 500: nil; Rs 501-5,000: Rs 400; Rs 5,001-10,000: Rs 500; Rs 10,001-20,000: Rs 750; above Rs 20,000: Rs 950 |
| Cash advance fee | 2.5% of amount or Rs 500, whichever is higher; interest from transaction date |
| Eligibilityunverified | Secured against a fixed deposit with IDBI Bank; cardinsider gives minimum FD Rs 20,000, age 18+. FDs of HUFs, minors, trusts, societies, firms and companies not eligible. |
| Fine-print notes | MITC / Key Fact Statement: over-limit fee 2.5% of over-limit amount (min Rs 500); cheque/auto-debit return Rs 500; cash deposit at branch for card payment Rs 200; card replacement Rs 200; balance transfer fee 1.5% or Rs 199; minimum due 5% or Rs 200; interest-free period 18 to 48 days, lost if the previous balance is unpaid. Max cash withdrawal Rs 15,000 a day. Not valid for foreign-currency transactions in Nepal or Bhutan. Card must be activated within 30 days. IDBI's individual product pages block automated reading (robots), so reward, welcome and lounge terms come from cardinsider and the bank hub page, which only says Delight Points are earned on all spends and can be redeemed as cashback. Secured card. Interest 2.9% p.m. (34.8% p.a.). Cash limit 70% of credit limit, unusually high. A Rs 999 charge applies if the card is closed within a year. |
Questions
- What is the annual fee of the IDBI Imperium Platinum Credit Card?
- Rs 499 a year, before GST. It is waived if you spend Rs 75,000 in a year.
- What is the forex markup on the IDBI Imperium Platinum Credit Card?
- 3.5% of each foreign-currency transaction, before GST.