The IndusInd Platinum (Visa) Credit Card charges no annual fee and no joining fee. Its base return is 0.4% (1.5 RP per Rs 150). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
Lifetime free per issuer MITC and earlier reading; the product page states no fee and says 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). Utility bills, insurance premiums, government services and education fees earn 1.2 RP per Rs 150 (issuer notice effective 1 Aug 2019)
Reward notes
base_return_pct = (1.5/150) x Rs 0.40 cash credit = 0.4%; 0.6% at the Rs 0.60 non-cash value. Earn base of Rs 150 confirmed on the issuer page.
Transfers
Partners
Singapore KrisFlyer
Ratiounverified
400 RP = 100 KrisFlyer miles (Paisabazaar)
Travel and perks
Domestic loungeunverified
None
International loungeunverified
None
Forex markup
3.5%
Fuel surcharge waiver
1% waiver at any petrol pump in India; MITC: 1% + GST fee above Rs 30,000 fuel spend per cycle
Other freebies
Personal air accident cover up to Rs 25 lakh; 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
3.95%
Late payment fee
By outstanding balance (from 15 Jun 2026): up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300
Cash advance fee
2.5% min Rs 300
Fine-print notes
Issuer product page read as plain text on 2026-10-12; fields updated from it. BookMyShow offer discontinued effective 1 Oct 2022. Same product is also issued on Mastercard (see Platinum Master). Page says nothing on lounges or the KrisFlyer ratio. CONFLICTS (issuer page used; old value and source): other_freebies: old list included auto assist and concierge (Card Insider); neither is on the issuer page. Earlier non-issuer data not found on the issuer page (unconfirmed): fuel waiver range Rs 400-4,000; auto assist and concierge. 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 Platinum (Visa) Credit Card?
No annual fee.
Does the IndusInd Platinum (Visa) Credit Card give airport lounge access?
No lounge access is listed for this card.
What is the forex markup on the IndusInd Platinum (Visa) Credit Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the IndusInd Platinum (Visa) Credit Card?
No RP on fuel (from 1 Apr 2018). Utility bills, insurance premiums, government services and education fees earn 1.2 RP per Rs 150 (issuer notice effective 1 Aug 2019)
