MyFinCards
CRED IndusInd Bank RuPay Credit Card

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

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.

Expert Review

Our Verdict

Co-branded RuPay card offering 5% back as CRED Points on e-commerce & CRED transactions with UPI support.

Frequently Asked QuestionsAbout CRED IndusInd Bank RuPay Credit Card

FEESWhat is the joining fee and annual fee for the CRED IndusInd Bank RuPay Credit Card?
The CRED IndusInd Bank RuPay Credit Card is a lifetime-free credit card, meaning there is no joining fee and no annual fee. You can enjoy all the premium privileges and accelerated rewards offered by the card without any recurring charges.
REWARDSHow many CRED Points do I earn on e-commerce and CRED transactions?
You earn 5% back as CRED Points on e-commerce transactions and on transactions done via CRED (including CRED Pay, CRED Travel, and CRED Store). You also earn 5% back on CRED UPI payments. However, the accelerated 5% reward rate is capped at a maximum of 5,000 CRED Points per statement cycle.
REWARDSWhat is the reward rate for Scan & Pay and other transactions?
You earn 1% back as CRED Points on CRED UPI Scan & Pay transactions, utility and insurance bill payments made via CRED, all other transactions, and international transactions. Note that Scan & Pay rewards are capped at 500 CRED Points per statement cycle, and Scan & Pay transactions done outside CRED will not earn any CRED Points.
REWARDSWhat is the value of 1 CRED Point and how can I redeem my points?
1 CRED Point = ₹1 when redeemed for flight and hotel bookings via the CRED app, CRED Store purchases, or transactions on select CRED Pay merchants. However, 1 CRED Point = ₹0.50 when used for credit card bill payments or utility bill payments made within the CRED app. You can use up to 70% of available points per transaction for flights, hotels, CRED Store, and CRED Pay, and up to 100% for bill payments.
REWARDSFor how long are CRED Points valid?
CRED Points are valid for 24 months (2 years) from the date of issuance. Points earned during a billing cycle will be transferred to the CRED app within 2–3 days of statement generation. It is advisable to redeem your points before they expire to avoid losing their value.
REWARDSWhich transaction categories do not earn CRED Points?
Certain merchant categories are excluded from earning CRED Points. These include School & Education Services, Government Institutions, Wallet Load, Rent, Jewellery, Fuel, and Quasi Cash or Cash Withdrawal transactions. Additionally, Scan & Pay and Utility/Insurance transactions done outside the CRED app will not earn any CRED Points.
USAGEDoes the CRED IndusInd Bank RuPay Credit Card support UPI payments?
Yes, this card supports UPI payments. You can link your CRED IndusInd Bank RuPay Credit Card to UPI by opening the CRED or any other UPI app, selecting the option to add/link a credit card, choosing IndusInd Bank as the issuer, selecting your card, and generating a UPI PIN. Once linked, you can make payments by scanning a merchant QR code or entering a merchant UPI ID.
BENEFITSWhat is the Total Protect insurance benefit on this card?
Total Protect is an insurance program that covers you for an amount equal to your credit limit, and is also available on add-on cards. It covers unauthorized transactions in case of loss or theft of your card (including up to 48 hours prior to reporting the loss) and counterfeit fraud, where your card details may be stolen and misused to produce counterfeit cards.
BENEFITSIs there a fuel surcharge waiver on the CRED IndusInd Bank RuPay Credit Card?
Yes, you can enjoy a 1% fuel surcharge waiver across all fuel stations in India. This waiver is applicable only for fuel transactions between ₹500 and ₹5,000. Transactions outside this range will not qualify for the waiver. Please refer to the Fuel Surcharge Waiver Terms & Conditions for complete details.
OTHERWho issues the CRED IndusInd Bank RuPay Credit Card?
The CRED IndusInd Bank RuPay Credit Card is a co-branded credit card issued by IndusInd Bank in partnership with Dreamplug Technologies Private Limited, widely known as CRED. There is a revenue-sharing arrangement between IndusInd Bank and Dreamplug Technologies Private Limited for this co-branded credit card.
APPLICATIONHow do I apply for the CRED IndusInd Bank RuPay Credit Card?
You can apply for the CRED IndusInd Bank RuPay Credit Card online through the IndusInd Bank website or via the CRED app. IndusInd Bank offers a 100% digital application process with instant approval. You can also visit a nearby IndusInd Bank branch to apply in person. Ensure you have the required KYC documents ready before applying.
DOCUMENTSWhat documents are typically required to apply for this credit card?
While specific document requirements are not listed on the card page, you will typically need to provide identity proof (such as Aadhaar card or PAN card), address proof, and income proof (such as salary slips or bank statements). IndusInd Bank supports instant KYC via Video KYC, making the process completely digital and hassle-free.
INTERNATIONALCan I use the CRED IndusInd Bank RuPay Credit Card for international transactions?
Yes, you can use the card for international transactions and will earn 1% back as CRED Points on all international spends. However, specific forex markup charges are not publicly listed for this card. Since it operates on the RuPay network, international acceptance may be limited compared to Visa or Mastercard networks. Please check with IndusInd Bank for the latest international usage details.
USAGEHow do I set a UPI PIN for my CRED IndusInd Bank RuPay Credit Card?
To set your UPI PIN, select the CRED IndusInd Bank RuPay Credit Card in your UPI app, enter your RuPay Credit Card details, enter the OTP received, and then set a PIN of your choice. Once the PIN is set, you can use it to authenticate UPI payments made with your credit card at merchant QR codes or UPI IDs.
CANCELLATIONHow do I cancel or close my CRED IndusInd Bank RuPay Credit Card?
To cancel your CRED IndusInd Bank RuPay Credit Card, you can contact IndusInd Bank's customer care helpline, visit your nearest IndusInd Bank branch, or submit a request through IndusInd Bank's net banking or mobile app. Ensure all outstanding dues are cleared before initiating the cancellation. Any unredeemed CRED Points may expire upon card closure, so it is advisable to redeem them beforehand.

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