IndusInd Bank Indulge Credit Card Review
PremiumIndusInd Bank
Quick Facts
Joining Fee₹75,000
Renewal Fee₹10,000
Best ForRewards
Forex Markup1.80%
30-Second Verdict
Expert VerdictAs a super-premium offering, the Indulge Credit Card is the gold standard for high-value rewards, offering outstanding yields on accelerated spending portals and premium transfer partners.
Luxury & Lifestyle•International Travel
Who Should Apply
- You spend at least ₹10,00,000 annually to waive fees.
- You value airport lounge access and travel perks.
- You want a steady return rate of 1.5% on standard spends.
Who Should Skip
- You want to avoid paying an annual fee of ₹10,000.
- Your average monthly card spends are less than ₹1,00,000.
- You prefer cash statement credits over travel reward point transfers.
Key Numbers
Base Reward Rate
1.5 RP / ₹100
Accelerated Rate
None
Forex Markup
1.80%
Joining Fee
₹75K
Annual Fee
₹10K
Eligibility
Age: 21 - 65 Years
High net-worth clients.
Domestic Lounge
6/Quarter
Primary: Yes • Add-on: No • Guest: No
International Lounge
Priority Pass
4/Quarter
Primary: Yes • Add-on: No • Guest: No
Reward Point Mechanics
Understanding how your spends translate into real-world value is key. Here is how you earn, translate, and redeem your reward points.
Earning Blueprint
Accrual & MultipliersBase Earn Rate:1.5 RP / ₹100
Point Translation
Value depends on how you redeemStandard Currency Point Value
1 Reward Points = ₹1
when redeemed for flights/travelRedemption Values:
Airlines/Hotel Miles:0.6 - 4 per pt
Statement Credit:₹0.75 per pt
Vouchers:₹0.75 per pt
Merchandise:₹0.5 per pt
Partner Transfers
Miles conversion ratiosSingapore Airlines KrisFlyerRatio 2:1
Air India Maharaja ClubRatio 2:1
1. Fees & Charges
- Joining Fee: ₹75,000 + GST
- Annual Fee: ₹10,000 + GST
- Renewal Fee Waiver: The annual fee is waived if you spend ₹1,000,000 or more in the preceding card anniversary year. Annual fee waiver on spending Rs. 10 Lakh or more in a year.
2. Airport Lounge Access
For frequent flyers, lounge privileges provide significant comfort and savings:
- Domestic Lounges: Eligible: True (Mastercard Lounge Program). Complimentary Visits: 6 per quarter. Spend threshold: ₹5 Lakh.
- International Lounges: Eligible: True (Priority Pass). Complimentary Visits: 4 per quarter. Spend threshold: N/A.
3. Rewards Rate & Value
Optimize your spending with the card's rewards structure:
- Base Reward Rate: Earn an effective 1.5% back on general purchases.
- Point Valuation: 1 Reward Points = ₹1.0 value.
- Important Exclusions: Spends on Fuel do not earn standard reward points.
4. Verdict: Should You Apply?
Get it if...
- ✓ You value having lounge access on network programs.
- ✓ Your primary spending categories align with this card's reward structure.
Skip it if...
- ✗ You prefer direct cash-back over reward points or travel miles.
- ✗ Your major spending is on excluded categories like rent or utilities (Fuel).
Exclusions & Caps Warning
- Spends on Rent, Government transactions, and Wallet Loads are excluded from the annual waiver threshold of ₹10,00,000.
- Fuel transactions do not earn standard reward points, but are eligible for a 1% surcharge waiver up to ₹500/month.
- Cash advances, balance transfers, and EMI conversions do not earn reward points.
Pros & Cons
Advantages | Disadvantages |
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Rewards Point Calculator
Estimate your annual rewards based on your customized spending profile. Slide the bars to adjust your spends and see the total reward points earned.
Total Reward Points Earned
21,750
Points / Year
Premium Dining & Lifestyle Benefits
| Category | Privileges & Details |
|---|---|
| Travel & Lounges | Complimentary international airport lounge access (Unlimited lounges) |
| Dining & Culinary | EazyDiner Voucher – Save ₹3,000 twice a year with exclusive restaurants |
| Golf Privileges | Golf – 4 complimentary golf games and 4 golf lessons per month |
| Entertainment & Movies | BookMyShow BOGO Offer – Buy 1 Get 1 free movie/non-movie ticket up to 3 times/month (Max ₹700/ticket) |
| Memberships |
|
Redemption Sweet Spots
Best Value Redemption Strategy: Redeeming points for statement credits yields poor value. Instead, transfer points to airline/hotel loyalty programs (like Marriott Bonvoy or airline miles) to secure maximum value per point.
Cardswise Score
8.0
Rewards7/10
Travel Perks7/10
Lifestyle6/10
Value for Money6/10
Frequently Asked Questions
What is the annual fee and waiver limit of IndusInd Bank Indulge Credit Card?
The annual fee is ₹10,000 + GST. The fee is waived if you spend ₹1,000,000 in the previous card year.
Does IndusInd Bank Indulge Credit Card offer complimentary lounge access?
Domestic lounge: 6 per quarter (Spend requirement: ₹5 Lakh). International lounge: 4 per quarter.
What is the foreign exchange markup fee?
The card has a foreign exchange markup of 1.80%.
What is the spending limit on the card?
The card limit is determined based on your credit score, ITR/salary documents, and existing credit relationship with the issuing bank.
How do you apply for this card?
You can apply online via the issuer's portal, netbanking, or by visiting a local branch with income proof documents.
Do reward points expire?
Yes, the reward points have lifetime validity and will never expire.
Indulge Credit Card
₹75,000 Joining Fee