IndusInd Bank Platinum Master Credit Card

How to redeem IndusInd Bank Platinum Master Card Reward Points?

There are multiple ways to redeem the IndusInd Bank Platinum Master card reward points. They are as follows:

Redemption through Pay with Rewards:

• Step 1: Shop at a participating merchant outlet or online platform.
• Step 2: Select “Pay with Rewards” during checkout.
• Step 3: Log in using your registered mobile number or OTP verification.
• Step 4: Check the available reward points balance.
• Step 5: Choose the number of points you want to use.
• Step 6: Confirm the transaction to deduct the amount from your bill.
• Step 7: Pay the remaining balance using your credit card if required.

Redemption through IndusMoments:

• Step 1: Visit the IndusMoments rewards portal.
• Step 2: Log in using your registered mobile number or credit card credentials.
• Step 3: Browse categories such as lifestyle, electronics, travel, and home essentials.
• Step 4: Select the product, voucher, or experience you want to redeem.
• Step 5: Review the reward point requirement and confirm availability.
• Step 6: Add the item to your cart and proceed to checkout.
• Step 7: Confirm the redemption and receive the delivery or voucher details.

Redemption towards Club Vistara Airmiles was discontinued from 31 October 2024, and redemption towards InterMiles was discontinued from 21 January 2025. Both options are no longer available for reward point conversion.

Redemption through Krisflyer Miles

• Step 1: Visit the IndusInd rewards platform or miles conversion page.
• Step 2: Log in using your credit card credentials.
• Step 3: Select the KrisFlyer miles conversion option.
• Step 4: Enter your active KrisFlyer membership number.
• Step 5: Check the conversion rate and minimum transfer requirement.
• Step 6: Enter the number of reward points to convert.
• Step 7: Confirm the transfer; miles will be credited to your KrisFlyer account within the specified time.

Redemption through Cash Credit:

• Step 1: Log in to IndusMobile, Internet Banking, or the rewards website.
• Step 2: Navigate to the Rewards or Cash Credit section.
• Step 3: Check the number of points eligible for cash redemption.
• Step 4: Review the point-to-cash conversion value.
• Step 5: Enter the number of points you want to convert into cash credit.
• Step 6: Confirm the redemption request.
• Step 7: The cash credit will appear in the next billing cycle and reduce the outstanding balance.

Fees and Charges of IndusInd Platinum Master Credit Card

Note: The interest rates are effective from 15 June 2026. 

IndusInd Bank allows a grace period of three days from the payment due date on credit card accounts that have no overdue balance. This interest-free credit period applies only if all previous dues have been paid in full, with no unpaid balance carried over from the previous statement. 

The Minimum Amount Due shown on your monthly statement is calculated as 2% of the Total Amount Due, or such other amount as IndusInd Bank may decide, and includes any EMI instalments, GST, fees, charges, finance charges, and over-limit amount in full, plus 2% of the remaining outstanding balance.

Eligibility to Apply for IndusInd Platinum Master Credit Card

To apply for the card, you should have a good credit score and a stable source of income. The precise eligibility criteria would be communicated to you by the IndusInd Bank at the time of credit card application

Documents needed to Apply for the IndusInd Bank Platinum Master Credit Card

The documents required to apply for IndusInd Bank Platinum Master credit card are as follows:  

• Identity Proof: Aadhaar card, PAN card, Voter ID, etc.  
• Address Proof: Ration card, Aadhaar card, etc.  
• Income Proof: Last three-months bank pay slips, ITR, Form-16, etc.  
• Multiple copies of passport-sized photographs.  

Note: The list of documents given above is in general, and you may be requested to submit additional documents based on the bank’s internal policies and your specific application. 

How to Apply for IndusInd Bank Platinum Master Credit Card Online

You can apply for IndusInd Bank Platinum Master Credit Card directly from the IndusInd Bank's official website. Follow the steps given below:

• Step 1: Visit the BankBazaar website for the IndusInd Platinum MasterCard, and click on ‘Apply Now’.  

• Step 2: Complete the eligibility form with your information. You will need to provide your name, location, phone number, and monthly income.  

• Step 3: If eligible, you will then be directed to the Application Form.  

• Step 4: When completing the Application Form, you must enter personal and financial information about yourself accurately.  

• Step 5: At this point, you will need to provide your documents. You will need to verify your identity, address, and employment/financial information.  

• Step 6: You will take part in a process called Video KYC or video Know Your Customer. The KYC specialist will verify it's you across a video call.  

• Step 7: Lastly, review your information and submit the application.  

• Step 8: After completing the application, you will receive an Application ID that can be used to track your credit card application status. 

Alternatively, you can also apply for the card online through the BankBazaar website. 

Summary

The IndusInd Bank Platinum Master Credit Card is a lifetime-free, entry-level card that earns reward points on everyday spends and adds built-in travel insurance and a fuel surcharge waiver. It comes with straightforward eligibility and a fully online application process through BankBazaar. Apply now to start earning rewards with zero joining or annual fees.

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