Fees not stated on the product page; welcome gifts apply only on select fee plans
Rewards
Welcome benefit
Only on select fee plans: Montblanc, The Postcard Hotel, Vouchagram or Vouchagram Premium vouchers
Reward currency
Reward Points
Base earn
1.5 RP per Rs 150
Base return
0.4%
Point value
1 RP = Rs 0.40 cash credit; Rs 0.60 non-cash excluding airmiles (both from 1 Mar 2024)
Caps
Cash credit redemption max 2,500 RP per calendar month (effective 1 Sep 2024)
Spends that earn nothing
No RP on fuel (from 1 Apr 2018). Select merchant categories revised from 1 Aug 2019; the bank-wide notice gives 1.2 RP per Rs 150 on utility bills, insurance, government services and education fees for the Platinum card
Reward notes
base_return_pct = (1.5/150) x Rs 0.40 cash credit = 0.4%; 0.6% at the non-cash value.
Transfers
Partners
Singapore KrisFlyer
Travel and perks
Fuel surcharge waiver
1% waiver at any petrol pump in India
Other freebies
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
Fine-print notes
New entry created from the issuer product page read as plain text on 2026-10-12; no aggregator used. Mastercard version of the Platinum card (see Platinum (Visa)). BookMyShow offer discontinued effective 1 Oct 2022. Page carries no discontinuation notice, so status is set to open, but it also shows no apply button in the fetched text; confirm availability. KrisFlyer ratio, lounges, forex markup and penalty fees are not on the page.
Questions
Which spends earn no rewards on the IndusInd Platinum Master Credit Card?
No RP on fuel (from 1 Apr 2018). Select merchant categories revised from 1 Aug 2019; the bank-wide notice gives 1.2 RP per Rs 150 on utility bills, insurance, government services and education fees for the Platinum card
