INDUSIND

CRED IndusInd Bank RuPay Credit Card

Good for everyday spend that earns rewards.

INDUSIND RUPAY

CRED IndusInd Bank RuPay

Should you get this?

Conditional fit

Confirm terms with the issuer

Why this card

5% on eligible cred, uPI, and online
You spend on cred.

Issuer evidence · 4 sources →

Trade-off

Annual fee waiver isn't clearly documented.

Card fees No joining fee From year 2 · ₹499 / year

Rewards 1%

Forex markup 3.5% high

Compare with Axis Bank ACE →

Similar tier comparison

What it costs to get, and to keep

Joining vs renewal

First year

No joining fee

From year 2

₹499renewal fee

Rewards

Earning rules

Detail · from the summary above

Domestic spend1%Credited as reward points—

Cred (domestic)5%Credited as reward points5,000 points per statement cycle — shared across Cred (domestic), UPI & Online shopping

UPI5%Credited as reward pointsShared across Cred (domestic), UPI & Online shopping

Online shopping5%Credited as reward points · online onlyShared across Cred (domestic), UPI & Online shopping

Show all 7 earning rules (3 more)

International spend1%Credited as reward points—

Upi Scan Pay1%Credited as reward points500 points per statement cycle; at 1%, this lane reaches the cap at ₹50,000 of eligible spend

Utility Insurance1%Credited as reward points—

One shared ceiling applies across 3 of these categories — they draw from the same cap pool.

Redemption value

What a Reward Point is worth

Catalogue₹1 / pt
Travel₹1 / pt
Cash redemption value₹0.50 per Reward Point

When does this card pay for itself?

Rewards break-even estimate

₹1L

Conservative yearly spend needed at the ₹0.50-per-point ranking floor.

Best documented case: about ₹50K at ₹1 per point.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Eligible spend

1% on eligible spend

Verified value

₹1 per point

Travel

Ranking floor

₹0.5 per point

(conservative floor)

₹1 per point (best documented)

Best verified lane

Online shopping

View bonus categories →

Caps

Cred (domestic)5,000 points per statement cycle — shared across Cred (domestic), UPI & Online shopping
Upi Scan Pay500 points per statement cycle
Why?
at 1%, this lane reaches the cap at ₹50,000 of eligible spend

View full earning rules →

Realisation

Credited as reward points

Costs & fees

Reported but unverified

Evidence · not used as this card's figures

Renewal fee: ₹499Reported by secondary sources · verify with issuer · 1 source

Evidence only · excluded from decisions

Watch outs

Before choosing this card

Forex markup is 3.5%, so frequent international spends may be costly.
Lounge access not verified.

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: Based on the standard earn rate (1%). Up to ~500 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
Worth ~₹250 at the conservative redemption floor
Fee waiver conditions unclear — verify
Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): Lounge access not verified

Rewards

Base earn: 1% on eligible spend value depends on redemption
Effective return (honest floor): ~0.5% base at the cash-redemption floor; up to ~1% through documented travel redemption Conservative redemption floor; best documented path is not ranked on.
Headline point value: ₹1.00 per Reward Point (Travel) Issuer headline channel — full channel grid in Redemption value.

Fees & charges

Fees

Monthly interest rate: 3.95% / month
Annual fee: ₹499
Joining fee: ₹0
Late-payment charge: ₹100–₹1,300 depending on outstanding balance Exact charge depends on your outstanding balance per issuer tiers.

International Use

Forex markup: 3.5%

Issuer documented · single source · verify on issuer site

Where to verify

Operator-verified anchor
Product tier: Entry-level

Travel & perks

Fuel Benefits

At the pump

1% fuel surcharge waived on transactions ₹500–₹5,000.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits

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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

Statement-cycle cap: 5,000 points per statement cycle — shared across Cred (domestic), UPI & Online shopping.
Statement-cycle cap: 500 points per statement cycle; at 1%, this lane reaches the cap at ₹50,000 of eligible spend.
After the shared cap is reached, post-cap earning varies — check issuer terms.
After the category cap is reached, post-cap earning varies — check issuer terms.

Latest update

Annual fee: ₹499.
Forex markup currently listed at 3.5%.
Lounge access not verified.

Common questions

From verified card facts

Is this good for lounge access?

Lounge access is not fully verified. Check issuer terms before relying on this card for lounge access.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Value depends on usage and waiver terms. GST may apply on the annual fee.

Learn

Learn more

Guides matched to this card — not a random syllabus.

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