IB-Visa-Platinum Credit Card

The IB Visa Platinum Credit Card offers premium privileges, such as reward points on every spend and many more, thereby ensuring secure, convenient, and rewarding transactions worldwide. 

IB-Visa-Platinum credit card offers various benefits starting from golf, shopping, dining, and many more at zero joining fee. The card offers multiple lifestyle privileges, including an EMI facility, add-on cards, reward points for shopping, and many more. Read on to know more details about IB-Visa-Platinum credit card.

Features and Benefits of IB-Visa-Platinum Credit Card

The key features and benefits of IB-Visa-Platinum credit card offered by Indian Bank are mentioned below: 

  1. The cardholders can avail themselves of the EMI facility using this card. 
  1. Primary cardholders can avail themselves of four add-on cards. 
  1. The card offers one reward point for every Rs.100 spent.

Fees and Charges of IB-Visa-Platinum Credit Card

The fees and charges applicable for the IB-Visa-Platinum credit card are mentioned in the table below: 

Fees and charges 

Amount 

Joining fee 

Nil 

Annual fee For first yearSecond year onwards 

NilRs.250 

Revolving Credit Limit 

Rs.1 lakh and above 

Cash Limit 

40% of credit limit 

Interest Rate 

1.66% per month 

Minimum monthly payment 

5% of outstanding balance 

Note

If the transaction in the previous year exceeds Rs.50,000, then the annual maintenance charge will be waived. 

Daily Usage Limit of IB-Visa-Platinum Credit Card

Here are the following details about daily usage limit of IB-Visa-Platinum credit card:

  1. Card Type: Platinum Card
  1. ATM Cash Limit: ₹50,000
  2. POS or E-commerce Purchase Limit: ₹1.50 lakh
  3. Aggregate Limit: ₹2 lakh

Documents Required to Apply for IB-Visa-Platinum

The required documents to apply for IB-Visa-Platinum credit card are mentioned below: 

  1. PAN
  2. Photograph 

Proof of identity

  1. Aadhaar 
  1. Driving licence 
  1. Voter ID 
  1. Passport 
  1. PAN 

Proof of address

  1. Aadhaar 
  1. Passport 
  1. Utility bills 
  1. Passbook 

Proof of income

  1. Last three months’ bank statements 
  1. Income Tax return (ITR) 
  1. Last salary slips of salaried individuals 

Note: Contact the bank to find out more details about the documents required to apply for IB-Visa-Platinum credit card.

FAQs on IB-Visa-Platinum Credit Card

  • What is the interest rate on outstanding balances for the IB-Visa-Platinum credit card?

    The interest rate on outstanding balance for the IB-Visa-Platinum credit card is 1.66% per month. 

  • Do I need to pay any joining fee for the IB-Visa-Platinum credit card?

    No, you need not pay any joining fee for the IB-Visa-Platinum credit card. 

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