IndusInd BankVisaLast checked 12 Oct 2026closed to new applicants
The IndusInd Iconia Visa Credit Card charges no annual fee, with a joining fee of Rs 3,499. Its base return is 0.38%. Accelerated earn: 1 RP per Rs 100 on weekends. The forex markup is 3.5%. Read from the issuer's own documents on 12 Oct 2026.
IndusIndIconia VisaCard design not shown
Annual fee
Free
Fee waived at
—
Base return
0.38%
Forex markup
3.5%
Interest
3.83%a month
Fees
Joining fee
Rs 3,499
Annual fee
Free
Fee notes
Discontinued for new sourcing. Page fee summary: issuance charge Rs 3,499, annual renewal fee nil, add-on card nil. Welcome gifts only on select fee plans
Rewards
Welcome benefit
Only on select fee plans: Montblanc, The Postcard Hotel or Vouchagram vouchers
Reward currency
Reward Points
Base earn
0.75 RP per Rs 100 on weekdays (Mon-Fri); 1 RP per Rs 100 on weekends (Sat, Sun), domestic and international
Base return
0.38%
Point value
1 RP = Rs 0.50 cash credit; Rs 0.75 non-cash excluding airmiles (both from 1 Mar 2024)
Accelerated earn
1 RP per Rs 100 on weekends
Caps
Cash credit redemption max 5,000 RP per calendar month (effective 1 Sep 2024)
Spends that earn nothing
No RP on fuel (from 1 Apr 2018). Utility bills, insurance premiums, government services and education fees earn 0.70 RP per Rs 100 (issuer notice effective 1 Aug 2019)
Reward notes
base_return_pct = 0.75 RP per Rs 100 x Rs 0.50 cash credit on weekdays; weekend rate is 1 RP.
Transfers
Partners
Singapore KrisFlyer
Travel and perks
International lounge
Priority Pass membership for primary and add-on holder; usage charged up to USD 27 per person per visit
Lounge conditions
Optional Travel Plus programme at Rs 5,000 a year waives the USD 27 charge for up to 8 international lounge visits a year
Forex markup
3.5%
Fuel surcharge waiver
1% waiver at any fuel station in India
Other freebies
BookMyShow buy-one-get-one, one free ticket a month, Rs 200 cap; concierge; Auto Assist; travel insurance with sums assured up to Rs 1,00,000 / 25,000 / 50,000 / 25,000 / 25,000 (row labels missing in the fetched text; on the Platinum RuPay and Pioneer Legacy pages the same sums are lost baggage, delayed baggage, passport loss, lost ticket, missed connection); Total Protect fraud cover up to the credit limit
Charges and eligibility
Interest per month
3.83%
Late payment fee
Page table: up to Rs 100 nil; Rs 101-500 Rs 100; Rs 501-1,000 Rs 350; Rs 1,001-10,000 Rs 550; above Rs 10,000 Rs 700 (older than the bank-wide MITC slab effective 15 Jun 2026)
Cash advance fee
2.5% min Rs 300
Eligibility
Income/ITR Rs 3,60,000 a year (salaried), Rs 4,80,000 (self-employed)
Fine-print notes
New entry created from the issuer product page read as plain text on 2026-10-12; no aggregator used. Issuer page marks the card '(Discontinued)': no new sourcing, shown only for existing holders. Fee table on the page also lists over-limit 2.5% min Rs 500, card replacement Rs 100, 50 interest-free days. Other issuer page used: Pioneer Legacy page on bank.indusind.com for the Aug 2019 reduced-earn table.
Questions
What is the annual fee of the IndusInd Iconia Visa Credit Card?
No annual fee.
Does the IndusInd Iconia Visa Credit Card give airport lounge access?
Yes. In India: none listed. Outside India: Priority Pass membership for primary and add-on holder; usage charged up to USD 27 per person per visit. Conditions: Optional Travel Plus programme at Rs 5,000 a year waives the USD 27 charge for up to 8 international lounge visits a year
What is the forex markup on the IndusInd Iconia Visa Credit Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the IndusInd Iconia Visa Credit Card?
No RP on fuel (from 1 Apr 2018). Utility bills, insurance premiums, government services and education fees earn 0.70 RP per Rs 100 (issuer notice effective 1 Aug 2019)