IndusInd Bank Signature Visa Credit Card

The IndusInd Bank Signature Visa Credit Card stands out as one of the top-tier offerings in the array of IndusInd Credit Cards, boasting an array of enticing privileges spanning diverse categories. Although the initial joining fee is set at a relatively substantial amount of Rs. 50,000, it’s a one-time payment, eliminating the need for an annual fee on a recurring basis. Catering to the refined tastes of its clientele, the card extends an exclusive invitation for a luxurious stay at any renowned Oberoi hotel.

When it comes to rewards, this card ensures a rate of 1.5 Reward Points for every Rs. 100 spent, offering flexibility in redemption across a variety of categories. Elevating your entertainment endeavors, the card enhances the experience by providing up to 3 complimentary movie tickets per month through the Buy 1 Get 1 free offer on BookMyShow.

Key Highlights of IndusInd Bank Signature Visa Credit Card

  1. Enjoy a free night’s stay at Oberoi hotels as a complimentary benefit.
  2. Earn 1.5 Reward Points for every Rs. 100 spent, enhancing your rewards with each transaction.
  3. Avail a buy-one-get-one-free offer when booking movie tickets through BookMyShow.
  4. Indulge in one complimentary golf game every month at selected golf courses.
  5. Receive a complimentary Priority Pass Membership for exclusive lounge access.
  6. Enjoy two complimentary lounge visits per quarter, adding a touch of luxury to your travels.
  7. Benefit from a 1% fuel surcharge waiver, saving on fuel expenses with each transaction.

Features and Benefits of IndusInd Bank Signature Visa Credit Card

The IndusInd Bank Signature Visa Credit Card offers several features and benefits:

1. Welcome Benefit:

  • Prepare for an indulgent and unforgettable hospitality experience at a selection of Oberoi Hotels.

2. Travel Benefits:

  • Access more than 600 lounges worldwide through the exclusive IndusInd Signature Visa Credit Card Priority Pass program.
  • Avail a special waiver on lounge charges at over 600 airports globally with the Travel Plus Program.
  • Receive travel insurance benefits of up to Rs. 2.25 lakh for baggage and tickets powered by ICICI Lombard General Insurance Company.

3. Dining Benefits:

  • If you have a penchant for fine dining, the card is tailored for you. With bon Vivant, enjoy exclusive discounts on food bills at fine dining establishments in major cities.

4. Entertainment Benefits:

  • Immerse yourself in a cinematic experience like never before. Book two movie tickets for the price of one through associated partners such as BookMyShow and Sathyam Cinemas (subject to terms and conditions).

5. Insurance Benefits:

  • In collaboration with ICICI Lombard, IndusInd offers Travel Insurance Cover for Signature Visa credit card holders, encompassing lost baggage, delayed baggage, loss of passport, lost ticket, and missed connection.
  • Personal Air Accident Cover worth Rs 25 lakhs.

6. Lifestyle Benefits:

  • Tee off at premier golf courses nationwide and improve your game with guidance from highly qualified golf instructors.

7. Reward Point Benefits:

  • Earn 1.5 reward points for every Rs 100 spent on your card.

8. Concierge Benefits:

  • Signature Concierge, the 24hr service for Signature card holders, provides exclusive pre-trip assistance, including hotel and flight bookings, sports and entertainment bookings, reservations for exclusive events, and arranging gifts for loved ones.

9. Fuel Benefits:

  • Enjoy a 2.5% surcharge waiver at petrol pumps across India.

10. Auto Assist Benefits:

  • Signature Auto Assist offers roadside repair service, emergency fuel supply, flat tire service, battery service, emergency towing assistance, accident management, and medical assistance in select cities when traveling by road.

11. Other Benefits:

  • Experience luxury retail with Genesis Luxury Vouchers, providing privileged access to 13 leading international brands.
    Relax and rejuvenate with attractive discounts at prominent spas like Kaya Skin Clinic, VLCC, and Richfeel.

IndusInd Signature Visa Credit Card Fees and Charges

Explore the fee structure for the IndusInd Signature Visa Credit Card and discover the financial advantages that come with it.

1. Joining Fee:

  • Cost: Rs. 50,000 + GST

2. Renewal Fee:

  • Cost: Nil

3. Rewards Redemption Fee:

  • Cost: Rs. 100

4. Foreign Currency Markup:

  • Rate: 3.5% on all foreign currency transactions

5. Interest Rates:

  • Monthly: 3.83%
  • Annual: 45.96%

6. Fuel Surcharge:

  • 1% fuel surcharge waiver at all petrol stations in India
  • Applicable for transactions between Rs. 400 and Rs. 4,000

7. Cash Advance Charges: Fee: 2.5% or Rs. 300 (whichever is higher)

Eligibility Criteria for IndusInd Bank Signature Visa Credit Card

Here are essential criteria for applying for an IndusInd Bank Signature Visa Credit Card:

  1. Age requirement for applicants is between 21 and 65 years.
  2. Applicants must possess a consistent monthly income.
  3. Salaried individuals need to provide Income Tax Returns (ITR) with a minimum annual income of 48 LPA.
  4. Self-employed individuals are required to submit Income Tax Returns (ITR) demonstrating a minimum annual income of 60 LPA.

Documents Required for IndusInd Signature Visa Credit Card

To apply for the IndusInd Signature Visa Credit Card, you will typically need to provide the following documents:

1. KYC Documents:

  • Aadhaar card
  • Passport
  • PAN card
  • Voter ID card
  • Driving Licence
  • One recent passport-sized photograph

2. Income Documents for Salaried Individuals:

  • Latest 3-month bank statement
  • Latest 3-month salary slip
  • Other bank credit card details

3. Income Documents for Self-employed Individuals:

  • Latest copy of Income Tax Return (ITR)
  • Other bank credit card details

How To Apply for IndusInd Bank Signature Visa Credit Card?

Follow these steps to apply for the IndusInd Bank Signature Visa Credit Card:

  1. Visit the IndusInd Bank Website: Go to the official IndusInd Bank website.
  2. Navigate to Credit Cards Section: Find and navigate to the “Credit Cards” section on the website.
  3. Explore Signature Visa Credit Card: Look for the IndusInd Bank Signature Visa Credit Card among the available options.
  4. Check Eligibility: Review the eligibility criteria for the Signature Visa Credit Card to ensure you qualify.
  5. Online Application Form: Fill out the online application form with required personal and financial details.
  6. Document Submission: Upload necessary documents such as ID proof, address proof, and income documents as per the bank’s requirements.
  7. Submit Application: Submit the completed application form and documents online.

Frequently Asked Questions (FAQs) –

Q: What are the key features of the IndusInd Signature Visa Credit Card?

The IndusInd Signature Visa Credit Card offers premium benefits, including reward points, lounge access, concierge services, and exclusive privileges on travel and lifestyle.

Q: How can I apply for the IndusInd Signature Visa Credit Card?

You can apply for the card by visiting the IndusInd Bank website, navigating to the Credit Cards section, selecting the IndusInd Signature Visa Credit Card, and completing the online application form.

Q: What documents are required for the IndusInd Signature Visa Credit Card application process?

Typically, you will need to provide identification proof, address proof, and income documents. Specific requirements may vary, so check the bank’s guidelines during the application.

Q: What is the eligibility criteria for the IndusInd Signature Visa Credit Card?

Eligibility criteria may include minimum age, income requirements, and creditworthiness. Check the bank’s website or contact customer service for specific details.

Q: How long does it take for the IndusInd Signature Visa Credit Card application to be processed?

The processing time varies, but you can check the application status online or contact customer service for updates on the status of your IndusInd Signature Visa Credit Card application.

Q: What benefits does the card offer for international travel?

The Signature Visa Credit Card often comes with features like international acceptance, currency conversion, and access to airport lounges, making it convenient for frequent travelers.

Q: How can I redeem the reward points earned with the IndusInd Signature Visa Credit Card?

The redemption process may involve logging into the bank’s rewards portal, where you can choose from a variety of options such as travel vouchers, merchandise, or cashback.

Q: Are there any annual fees associated with the IndusInd Bank Signature Visa Credit Card?

Check the terms and conditions provided by the bank, as there may be annual fees or renewal charges. Some cards, however, offer fee waivers based on spending patterns.

Q: Is there a grace period for bill payments on this credit card?

The bank typically provides a grace period for bill payments. It is advisable to pay the outstanding amount within the due date to avoid any interest charges.

Q: How can I contact customer support for queries related to my IndusInd Signature Visa Credit Card?

You can reach IndusInd bank credit care customer care support through their helpline, email, or by visiting a nearby branch. Contact details are usually available on the bank’s website.