Platinum Visa Credit Card

Joining Fee

Free

Annual Fee

Rs. 0 + Taxes

Rewards
Travel
Lifestyle
Fuel
Best For: Frequent travelers, Lifestyle spenders, Those seeking insurance benefits, Regular fuel users

Platinum Visa Credit Card

Rewards Structure

Base Reward Rate

1.5% on spends

Point Value

1 Point = ₹0.6

Earning Cap

₹2,500 /monthly

Pros

  • Lifetime free card
  • 1.5 reward points per Rs. 150 spent
  • 1% fuel surcharge waiver at all petrol pumps in India
  • Comprehensive travel insurance coverage
  • Total Protect fraud cover up to credit limit
  • Multiple reward redemption options including air miles, cash credit, and IndusMoments
  • Welcome gifts from premium brands

Cons

  • Fuel transactions do not accrue reward points (effective April 2018)
  • BookMyShow offer discontinued from October 2022
  • Club Vistara Airmiles redemption discontinued from October 2024
  • InterMiles redemption discontinued from January 2025
  • Cash redemption value lower: 1 RP = Rs. 0.40
  • Cash redemption capped at 2500 reward points per calendar month

Hidden Catches (Transparency Policy)

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

Welcome gift only applicable on select fee plan

Non-cash redemption value revised to 1 RP = Rs. 0.60 from March 2024

Cash redemption capped at 2500 RP per calendar month from September 2024

Rewards program revised for select merchant categories from August 2019

Fuel transactions excluded from reward points accrual

Key Benefits & Features

Welcome gift options: Montblanc, The Postcard Hotel voucher, Vouchagram (Amazon, Flipkart, Zee5, Apollo Pharmacy, Uber, Ola and more) - applicable on select fee plan

Notable Exclusions

No reward points on fuel transactions

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

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

About Platinum Visa Credit Card

The IndusInd Bank Platinum Visa Credit Card is a lifetime-free credit card designed to offer a comprehensive range of travel and lifestyle benefits tailored to suit your everyday preferences and aspirations. Built on the Visa network, this card is crafted for those who seek convenience, flexibility, and rewarding experiences across spending categories including travel, lifestyle, and fuel. The card's rewards program allows cardholders to earn 1.5 Reward Points for every INR 150 spent, providing consistent value on both business and personal purchases. These points can be redeemed through multiple options, including IndusMoments, Pay with Rewards, and airline miles on KrisFlyer, offering cardholders meaningful flexibility in how they use their accumulated points. It is worth noting that fuel transactions do not accrue reward points, though the card does offer a fuel surcharge waiver. Beyond rewards, the Platinum Visa Credit Card delivers comprehensive insurance benefits and exclusive lifestyle privileges across travel, dining, and shopping. Welcome benefits include access to premium experiences through luxury brands such as Montblanc and The Postcard Hotel, making this card a well-rounded choice for frequent travelers, lifestyle spenders, and those who value both protection and premium perks in a single, no-annual-fee card.

Expert Review

Our Verdict

Lifetime-free Visa card with 1.5x rewards, travel insurance, fuel waiver & fraud protection.

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