M16S / IndusInd Bank / IndusInd Pioneer Private Credit Card
super-premium · rewards, travel
IndusInd Pioneer Private Credit Card
The IndusInd Pioneer Private Credit Card costs Rs 25,000 a year, waived if you spend Rs 10,00,000 in a year. Its base return is 3% (3 RP per Rs 100). The forex markup is 0%. Lounge visits in India: Unlimited for primary and add-on cardholders, via the card (50+ lounges). Abroad: Unlimited via Priority Pass for primary and add-on cardholders (1,300+ lounges). Read from the issuer's own documents on 12 Oct 2026.
- Annual fee
- Rs 25,000+ GST
- Fee waived at
- Rs 10,00,000annual spend
- Base return
- 3%
- Forex markup
- 0%
- Interest
- 2%a month
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 25,000 |
| Annual spend that waives the fee | Rs 10,00,000 |
| Fee notes | Nil joining fee. Annual fee Rs 25,000, waived on Rs 10 lakh spend in the preceding year. If the client is downgraded from Pioneer Private status the annual fee is Rs 50,000 and cannot be waived. One card per eligible group; 1 lifetime-free add-on card. |
Rewards
| Welcome benefit | 6,000 bonus RP (= Rs 6,000) on Rs 1 lakh spend within 30 days of card issuance. First-year memberships: Taj Epicure Preferred or Club ITC Culinaire Select (ITC issuance on hold until further notice), EazyDiner membership with two Rs 3,000 dining vouchers every six months and 2,000 EazyPoints, 2 Postcard Hotel vouchers; each renewed in year two only on Rs 50 lakh spend in the previous year |
|---|---|
| Reward currency | Reward Points |
| Base earn | 3 RP per Rs 100 |
| Base return | 3% |
| Point value | 1 RP = Re 1 cash credit |
| Caps | No monthly cap on reward point redemption across all redemption options; minimum 500 RP for cash credit and airline miles |
| Spends that earn nothing | 0.7 RP per Rs 100 on certain spends such as utilities, government institutions and education (full list behind a link) |
| Points expiry | No expiry while the card account is live |
| Milestone benefits | Taj experiences gift certificate worth Rs 1 lakh on Rs 75 lakh spend in an anniversary year |
| Reward notes | base_return_pct = 3 RP per Rs 100 x Re 1 (both issuer-stated). Points can be redeemed directly with merchants at nil redemption fee. No late, over-limit or cash advance fee. |
Transfers
| Partners | Singapore KrisFlyer, Air India Maharaja Club |
|---|---|
| Ratio | 1 RP = 1 air mile with airline partners (KrisFlyer terms linked); Maharaja Club ratio not separately stated |
Travel and perks
| Domestic lounge | Unlimited for primary and add-on cardholders, via the card (50+ lounges) |
|---|---|
| International lounge | Unlimited via Priority Pass for primary and add-on cardholders (1,300+ lounges) |
| Lounge conditions | 12 complimentary guest visits at international lounges, further guests charged to the card. Priority Pass used in India is chargeable; the credit card used at lounges outside India is chargeable |
| Forex markup | 0% |
| Fuel surcharge waiver | 1% surcharge reversal on transactions between Rs 500 and Rs 10,000; GST on the surcharge borne by the cardholder |
| Other freebies | Unlimited domestic golf games and lessons (Rs 50,000 spend in the last statement) and 4 international golf games a year; 2 complimentary movie tickets a month (no price cap) and 3 non-movie tickets a quarter (Rs 1,000 cap each); 2 airport meet-and-greet and 2 airport pick-up/drop services a year; overseas health insurance up to USD 25,000; international travel insurance; hole-in-one insurance Rs 20,000; 24x7 concierge; Visa Infinite offers |
Charges and eligibility
| Interest per month | 2% |
|---|---|
| Late payment fee | Waived |
| Cash advance fee | Waived |
| Eligibility | IndusInd Pioneer Private clients only |
| Fine-print notes | Issuer product page read as plain text on 2026-10-12; fields updated from it. Two issuer pages read: the product page and the rewards page https://www.indusind.bank.in/in/en/personal/cards/pioneer-private-rewards.html (Re 1 cash value, 500 RP minimum, no monthly redemption cap). Forex markup 0% and interest 2% a month confirmed on page. Metal card on Visa Infinite. Other issuer pages used: https://bank.indusind.com/pioneer/personal-banking/cards/pioneer-legacy-credit-card1.html (golf programme terms: Rs 50,000 spend rule for Pioneer Private). CONFLICTS (issuer page used; old value and source): transfer_ratio / caps: old 'KrisFlyer capped at 10,000 points per month' (Card Insider, Book1A); issuer rewards page says no monthly cap on redemption across all options | transfer_partners: old list included Club ITC (aggregator); issuer page lists KrisFlyer and Maharaja Club only, Club ITC appears as a membership, not a transfer partner | reward_exclusions: old 'no RP on fuel; 0.7 RP on utilities, insurance, education, government, telecom, transport/tolls, brokers' (Card Insider); issuer page names utilities, government institutions, education 'etc.' at 0.7 and does not mention fuel. Earlier non-issuer data not found on the issuer page (unconfirmed): no RP on fuel; 0.7 RP also on insurance, telecom, transport/tolls, brokers. Issuer MITC surcharges: 1% + GST on utility spend above Rs 25,000/cycle, wallet loads above Rs 20,000/cycle, education via third-party apps above Rs 45,000/cycle, transport MCCs above Rs 40,000/cycle; reward redemption fee Rs 149 (cash) / Rs 100 (other). |
Questions
- What is the annual fee of the IndusInd Pioneer Private Credit Card?
- Rs 25,000 a year, before GST. It is waived if you spend Rs 10,00,000 in a year.
- Does the IndusInd Pioneer Private Credit Card give airport lounge access?
- Yes. In India: Unlimited for primary and add-on cardholders, via the card (50+ lounges). Outside India: Unlimited via Priority Pass for primary and add-on cardholders (1,300+ lounges). Conditions: 12 complimentary guest visits at international lounges, further guests charged to the card. Priority Pass used in India is chargeable; the credit card used at lounges outside India is chargeable
- What is the forex markup on the IndusInd Pioneer Private Credit Card?
- 0% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IndusInd Pioneer Private Credit Card?
- 0.7 RP per Rs 100 on certain spends such as utilities, government institutions and education (full list behind a link)