Joining Fee

₹1,000

Annual Fee

Rs. 1000 + Taxes

IndusInd Bank

Rewards

Shopping

Lifestyle

Best For: CRED app users, E-commerce shoppers, UPI payment users, Utility and insurance bill payers

CRED IndusInd Bank RuPay Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹1

Earning Cap

₹5,000 /statement_cycle

Points Validity

24 Months

Pros

5% back as CRED Points on e-commerce and CRED transactions
UPI payments supported via RuPay Credit Card
1 CRED Point = ₹1 for flight/hotel bookings and CRED Store purchases
Total Protect insurance cover up to credit limit
1% fuel surcharge waiver on transactions ₹500–₹5000

Cons

Accelerated 5% reward rate capped at 5000 CRED Points per statement cycle
Scan & Pay rewards capped at 500 CRED Points per statement cycle
1 CRED Point = ₹0.50 only for credit card and utility bill payments
Reward points valid for only 24 months

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Accelerated 5% reward rate capped at 5000 CRED Points per statement cycle

Scan & Pay rewards capped at 500 CRED Points per statement cycle

No CRED Points on School & Education Services, Govt Institutions, Wallet Load, Rent, Jewellery, Fuel, and Quasi Cash/Cash Withdrawal

Scan & Pay transactions done outside CRED earn no CRED Points

Utility and Insurance transactions outside CRED earn no CRED Points

Only up to 70% of available points can be used per transaction for flights, hotels, CRED Store and CRED Pay

CRED Points expire after 2 years from date of issuance

Key Benefits & Features

Credit card enabled on UPI via RuPay network. Link to any UPI app and pay via Scan & Pay or UPI ID.

Notable Exclusions

No CRED Points on School & Education Services transactions.No CRED Points on Government Institution transactions.No CRED Points on Wallet Load transactions.No CRED Points on Rent transactions.No CRED Points on Jewellery transactions.No CRED Points on Fuel transactions.No CRED Points on Quasi Cash or Cash Withdrawal transactions.No CRED Points on Scan & Pay transactions done outside the CRED app.No CRED Points on Utility and Insurance transactions done outside the CRED app.

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

Official Terms & Conditions

These details are based on information updated on 7 March 2026. Fees and benefits change often - confirm on the issuer's own page before applying.

About CRED IndusInd Bank RuPay Credit Card

The CRED IndusInd Bank RuPay Credit Card is a lifetime-free co-branded credit card issued by IndusInd Bank in partnership with CRED (Dreamplug Technologies Private Limited). Designed for frequent CRED app users and digital spenders, this card combines premium privileges with an accelerated rewards structure to deliver consistent value across everyday purchases, online shopping, and bill payments. Cardholders earn 5% back as CRED Points on e-commerce transactions, CRED Pay, CRED Travel, CRED Store, and UPI payments made through CRED. Additionally, 1% back in CRED Points is earned on Scan & Pay transactions via CRED, utility and insurance bill payments through CRED, all other eligible purchases, and international transactions. CRED Points are valid for 24 months, with 1 CRED Point equaling ₹1 when redeemed for flights, hotel bookings, or CRED Store purchases, and ₹0.50 for credit card and utility bill payments within the CRED app. Beyond rewards, the card supports UPI payments by linking directly to compatible UPI applications, making cashless transactions seamless. Cardholders also benefit from a 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹5,000 at all fuel stations across India. The card further includes Total Protect, an insurance program covering unauthorized transactions due to card loss, theft, or counterfeit fraud up to 48 hours before reporting.

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