IndusInd Bank Platinum RuPay Credit Card

IndusInd Bank has recently unveiled its inaugural Platinum RuPay Credit Card, marking a notable addition to the expanding array of RuPay Credit Cards offered by various banks. This distinctive card promises a rewarding experience, granting users 2 Reward Points for every Rs. 100 spent on UPI transactions. The surge in the adoption of RuPay Credit Cards among financial institutions can be attributed to the growing popularity of the RuPay network, coupled with the seamless integration it offers with the UPI applications of users’ preference.

Enter the IndusInd Bank Platinum RuPay Credit Card, an exceptional offering that comes with a lifelong free membership. This card is poised to capture the attention of both seasoned credit cardholders and those venturing into this financial realm for the first time. Particularly advantageous for individuals who frequently engage in transactions through UPI applications like Google Pay, PhonePe, and Paytm, this card stands as a valuable asset in the realm of digital transactions.

Key Highlights of IndusInd Bank Platinum RuPay Credit Card

  1. Acquire 2 Reward Points (RPs) for every Rs. 100 spent through UPI transactions.
  2. Obtain 1 Reward Point (RP) for every Rs. 100 spent on transactions other than UPI.

Features and Benefits of IndusInd Bank Platinum RuPay Credit Card

The IndusInd Bank Platinum RuPay Credit Card offers several features and benefits:

1. Petrol Surcharge Waiver:

  • Enjoy a 1% fuel surcharge waiver and save up to Rs. 480 annually.

2. UPI Enabled:

  • Seamlessly link your credit card to any UPI application for swift and convenient mobile transactions.

3. Travel Insurance:

  • Lost Baggage: Coverage up to ₹1,00,000.
  • Delayed Baggage: Coverage up to ₹25,000.
  • Loss of Passport: Coverage up to ₹50,000.
  • Lost Ticket: Coverage up to ₹25,000.
  • Missed Connection: Coverage up to ₹25,000.

4. IndusInd Bank Platinum RuPay Credit Card Rewards:

  • Earn 2 Reward Points for every Rs. 100 spent using UPI.
  • Receive 1 Reward Point for every non-UPI transaction of Rs. 100.
  • Earn Rs. 0.70 for all eligible spends, applicable to both UPI and non-UPI transactions.
  • Reward Points accrue only up to your credit limit.
  • No Reward Points are awarded for utility bills, government services, insurance premiums, education fees, fuel spends, and rental payments.

IndusInd Bank Platinum RuPay Credit Card Fees and Charges

Explore the fee structure for the IndusInd Bank Platinum RuPay Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Rs. 3,000 (Waived if applied through Paisabazaar)
  2. Annual Fee: Nil
  3. Finance Charges: 3.95% per month (47.40% per annum)
  4. Late Payment Charges:
  • Up to Rs. 100: Nil
  • Rs. 101 to Rs. 500: Rs. 100
  • Rs. 501 to Rs. 1,000: Rs. 350
  • Rs. 1,001 to Rs. 10,000: Rs. 550
  • Rs. 10,001 to Rs. 25,000: Rs. 800
  • Rs. 25,001 to Rs. 50,000: Rs. 1,100
  • Above Rs. 50,000: Rs. 1,300

Eligibility Criteria for IndusInd Bank Platinum RuPay Credit Card

Here are essential criteria for applying for an IndusInd Bank Platinum RuPay Credit Card:

  1. Employment Status: Either employed on salary or self-employed.
  2. Age Range: Between 21 and 60 years, or until reaching the retirement age.
  3. Minimum Monthly Income: A minimum income of Rs. 20,000 per month is required.

Documents Required for IndusInd Bank Platinum RuPay Credit Card

To apply for the IndusInd Bank Platinum RuPay Credit Card, you will typically need to provide the following documents:

1. Identity Proof:

  • Aadhar Card
  • Passport
  • Voter ID
  • Driver’s License

2. Address Proof:

  • Utility bills (electricity, water, gas)
  • Aadhar Card
  • Passport
  • Voter ID

3. Income Proof:

  • Salary slips
  • Income Tax Returns
  • Bank statements

4. Passport-size Photographs: Recent passport-size photos

5. Duly Filled Application Form: Complete the application form with accurate information.

6. PAN Card: Permanent Account Number for financial transactions.

How To Apply for IndusInd Bank Platinum RuPay Credit Card?

Follow these steps to apply for the IndusInd Bank Platinum RuPay Credit Card:

  1. Visit the IndusInd Bank Website: Go to the official IndusInd Bank website.
  2. Navigate to Credit Cards Section: Locate the “Credit Cards” section on the website.
  3. Choose Platinum RuPay Credit Card: Select the IndusInd Bank Platinum RuPay Credit Card from the available options.
  4. Check Eligibility: Ensure you meet the eligibility criteria, including age and income requirements.
  5. Fill in the Online Application Form: Complete the online application form with accurate personal, financial, and contact details.
  6. Submit Required Documents: Upload the necessary documents, including identity proof, address proof, and income proof.
  7. Review Application: Double-check all entered information before submission.
  8. Application Submission: Submit the application form online.
  9. Wait for Processing: Allow time for the bank to process your application.
  10. Verification and Approval: The bank may contact you for further verification if needed. Once approved, you will receive confirmation.
  11. Card Delivery: Upon approval, the IndusInd Bank Platinum RuPay Credit Card will be delivered to your registered address.

Frequently Asked Questions (FAQs) –

1. What is the IndusInd Platinum RuPay Credit Card?

The IndusInd Platinum RuPay Credit Card is a credit card offered by IndusInd Bank in association with RuPay. It comes with various features, benefits, and rewards tailored to meet the financial needs of cardholders.

2. How can I apply for the IndusInd Platinum RuPay Credit Card?

You can apply for the credit card by visiting the official website of IndusInd Bank or by visiting a nearby branch. Check the eligibility criteria, fill out the application form, and submit the required documents for processing.

3. What are the key features of the IndusInd Platinum RuPay Credit Card?

The features may include cashback offers, reward points on purchases, fuel surcharge waivers, and complimentary insurance. Refer to the official website or brochure for a comprehensive list of features.

4. What are the eligibility criteria for this credit card?

Eligibility criteria typically include age, income, credit score, and other factors. Ensure you meet these requirements before applying. Specific criteria can be found on the bank’s official website.

5. How do I check the status of my IndusInd Bank Platinum RuPay Credit Card application?

You can check your application status by logging into the IndusInd Bank website or by contacting the IndusInd Bank credit card customer care helpline number. The status can provide information on whether your application is pending, approved, or declined.

6. What are the annual fees and charges associated with this credit card?

Review the annual fees, interest rates, and other charges associated with the credit card. This information is available in the terms and conditions provided by the bank.

7. How can I redeem the rewards earned on my Platinum RuPay Credit Card?

The redemption process for rewards may vary. Typically, you can redeem points for merchandise, gift vouchers, or discounts. Check the rewards program details on the bank’s website for specific redemption options.

8. Is there any travel or purchase protection provided with the card?

Credit cards often come with insurance benefits. Check the terms and conditions to understand the extent of travel or purchase protection, if any, offered with the IndusInd Bank Platinum RuPay Credit Card.

9. How can I contact customer support for assistance with my credit card?

IndusInd Bank provides customer support through phone, email, and in-branch assistance. Refer to the contact details on their website or the back of your credit card for the relevant information.

10. Can I get an add-on card for family members with my Platinum RuPay Credit Card?

Yes, many credit cards allow you to get add-on cards for family members. Check with IndusInd Bank for the specific process and eligibility criteria for obtaining additional cards.