IndusInd BankPlatinum RuPay
RuPay
IndusInd Bank · RuPay
Platinum RuPay
Joining None · Annual ₹0 · No annual fee ever. IndusInd charges a one time joining fee it prints at application rather than on the page
Earns Reward points · assumed 0.6 ₹/point. 1 point = ₹0.60 on non cash redemptions excluding airmiles, IndusInd's own published value. Cash redemption is capped at 2,500 points a month
Verified 13 Aug 2026Forex markup3.5%
Fuel surcharge1% waived
EMI₹249 with GST on merchant EMI processing fee · IndusInd publishes no merchant EMI rate, the charge slip carries it.
Return by category
| Category | Return | Notes |
|---|---|---|
| Online spend | 0.6% | Base rate |
| Amazon | 0.6% | Base rate |
| Flipkart | 0.6% | Base rate |
| Subscriptions & OTT | 0.6% | Base rate |
| Offline spend | 0.6% | Base rate |
| UPI spending | 1.2% | 2 points per ₹100 on UPI transactions, which at IndusInd's 60 paise point value is the strongest published UPI rate anywhere |
| Dining | 0.6% | Base rate |
| Swiggy | 0.6% | Base rate |
| Zomato | 0.6% | Base rate |
| Groceries | 0.6% | Base rate |
| Quick commerce | 0.6% | Base rate |
| Swiggy Instamart | 0.6% | Base rate |
| Blinkit | 0.6% | Base rate |
| BigBasket | 0.6% | Base rate |
| Movies & shows | 0.6% | Base rate |
| BookMyShow | 0.6% | Base rate |
| PVR INOX | 0.6% | Base rate |
| Fuel | 0% | Fuel earns nothing, a surcharge waiver stands in |
| Travel (general) | 0.6% | Base rate |
| Flights | 0.6% | Base rate |
| Hotels | 0.6% | Base rate |
| MakeMyTrip | 0.6% | Base rate |
| IRCTC rail | 0.6% | Base rate |
| International | −2.9% | 0.6% reward − 3.5% forex markup |
| Utilities & bills | 0.6% | Base rate |
| Rent | 0.6% | Base rate |
| Education fees | 0.6% | Base rate |
| Insurance premiums | 0.6% | Base rate |
| Government & tax | 0.6% | Base rate |
| Wallet loads | 0.6% | Base rate |
| Anything else | 0.6% | Base rate |
| Jewellery | 0.6% | Base rate |
Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.
Also worth knowing
- Travel insurance cover worth ₹2.25 lakh with lost baggage cover
- Point value of ₹0.60 applies to non cash redemptions excluding airmiles
What we liked
- 1.2% effective on UPI spends, ahead of every rival once point values are compared honestly
- No annual fee ever
- Travel insurance included on a starter card
What to mind
- IndusInd prints the one time joining fee at application, not on the page
- Cash redemptions cap at 2,500 points a month
- Nothing here for travel or lounges
Sources
Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.