IndusInd Bank
IndusInd Bank Platinum RuPay Credit Card
2 reward points per ₹100 on UPI spends and 1 point per ₹100 on other spends; 0.7 points per ₹100 on utilities, insurance, government and education payments; no points on fuel.
- ₹10,000 joining, no annual fee
- Works on UPI (RuPay)
- RuPay
Pros and cons
Good
- Works on UPI and earns 1.2% there
Watch out for
- High joining fee: ₹10,000 up front
- High forex markup (3.5%)
- Who it's for
- People whose spending matches its best category: UPI.
Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.
Rewards (value back as % of spend)
- Everyday spends
- 0.6% (base rate)
- Fuel
- 0%
- UPI
- 1.2%
- Bills and utilities
- 0.42%
- Dining and food delivery
- 0.6%
Fees and charges
- Joining fee
- ₹10,000
- Annual fee
- Free
- Fee waiver
- No annual fee. IndusInd Bank's fee terms list a ₹10,000 joining fee, while its website markets the card as lifetime free. The terms say you're told the actual fee when you apply, so check the joining fee before you go ahead.
- Forex markup
- 3.5%
- Fuel surcharge waiver
- 1% waiver at petrol pumps across India (bank may cap value/number of transactions; amount cap not published). From 15 Jun 2026 a 1% fee + GST applies on fuel spends above ₹30,000 per statement cycle.
Benefits and eligibility
- Airport lounge
- None (Priority Pass isn't available on this card)
- Card network
- RuPay
- UPI payments
- Yes, as a RuPay credit card
- Minimum income (salaried)
- Not published by the bank
- Eligibility
- Not published by the bank
Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.
Compare it with other cards
Ready to apply for the IndusInd Bank Platinum RuPay Credit Card?
Apply nowVia our referral partner. We may earn a commission.CreditParakh is not a bank or lender. Approval, limits and final terms are decided by IndusInd Bank.
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What changed recently
- FeesWorse for you
The 1% fee on fuel spends now starts above ₹30,000 per statement cycle instead of ₹50,000.
Before: 1% fee on fuel above ₹50,000 a cycle · After: 1% fee on fuel above ₹30,000 a cycle
Bank's notice or terms - FeesWorse for you
Markup on rupee payments at foreign or overseas-registered merchants (dynamic currency conversion) rose from 1% to 2%.
Before: 1% + GST · After: 2% + GST
Bank's notice or terms - FeesWorse for you
Late payment fees rose in the middle slabs, for example from ₹350 to ₹500 on dues of ₹501–1,000 and from ₹550 to ₹750 on dues of ₹5,001–10,000.
Before: ₹350 (₹501–1,000), ₹550 (₹1,001–10,000), ₹800 (₹10,001–25,000) · After: ₹500 (₹501–1,000), ₹600 (₹1,001–5,000), ₹750 (₹5,001–10,000), ₹900 (₹10,001–25,000)
Bank's notice or terms - FeesWorse for you
New 1% fee on rail, bus and toll spends (MCC 4111, 4112, 4131, 4784) above ₹40,000 per statement cycle.
After: 1% + GST above ₹40,000 a cycle
Bank's notice or terms
Questions people ask
Is the IndusInd Bank Platinum RuPay Credit Card worth it in 2026?
Only if its rewards on UPI will make up for the ₹10,000 joining fee. The catch: high forex markup (3.5%).
Is the IndusInd Bank Platinum RuPay Credit Card lifetime free?
No. It costs ₹10,000 to join and ₹0 a year, plus GST. No annual fee. IndusInd Bank's fee terms list a ₹10,000 joining fee, while its website markets the card as lifetime free. The terms say you're told the actual fee when you apply, so check the joining fee before you go ahead.
Does the IndusInd Bank Platinum RuPay Credit Card work on UPI?
Yes, it's a RuPay card, so you can link it to UPI apps for merchant payments; it earns 1.2% on UPI spends.
Does the IndusInd Bank Platinum RuPay Credit Card give airport lounge access?
No complimentary airport lounge access.
What earns no rewards on the IndusInd Bank Platinum RuPay Credit Card?
Fuel earns no points. Utilities, insurance, government and education earn a reduced 0.7 points per ₹100 (UPI or not). Points are earned only on spends up to the assigned credit limit in each statement cycle; no fixed earning cap is published. Cash redemption is limited to 2,500 points a calendar month (a redemption limit, not an earning cap).
Who can get the IndusInd Bank Platinum RuPay Credit Card?
Approval is at the bank's discretion.
How we checked this card: the CreditParakh team read IndusInd Bank's own product page on 18 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.
Last verified 18 Oct 2026 on IndusInd Bank's official page. Fees and rewards change; check the issuer's terms before you apply.