IndusInd Bank CRED RuPay Credit Card
IndusInd Bank
No fee waiver available on this card — best suited to frequent CRED UPI/ecosystem users, per the aggregators' own assessment.
Free
Joining fee
₹499
Annual fee
DISCREPANCY: Paisabazaar states 'no fee waiver facility available'; CardInsider states the first year is complimentary, with ₹499+GST from year two.
3.5%
Forex markup
3.5 / 5
Rating
Eligibility
Estimated minimum income: ₹35,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 700+
Estimated — not officially confirmed by the bank.
Lounge access
0 domestic / 0 international visits per year
Paisabazaar's 'unlimited' claim flagged as a PB Pass promotional artifact — CardInsider explicitly states no lounge benefits.
Key features
- 5 CRED Points/₹100 on CRED ecosystem spends, 1 point/₹100 elsewhere
- Redeemable within the CRED app: ₹1/point flights/hotels, ₹0.50/point bills
- Apply via CRED app or IndusInd directly, not via aggregators
Reward details
1 CRED Point per ₹100 (general spends)
- 5 CRED Points per ₹100 on CRED Store/Travel/Pay, CRED UPI — 5,000 points/month; CRED UPI Scan & Pay separately capped 500 points/month
Redemption
1 point = ₹1 for flights/hotels/travel and select merchants, ₹0.50 for bill payments — redeemable only within the CRED app.
Excluded from rewards: utilities/insurance (CardInsider: earns base rate rather than zero — disputed), fuel, rent, education, government, wallet loads, jewelry
- 1% fuel surcharge waiver capped ₹300/month, on ₹500-5,000 transactions (Paisabazaar only).
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Complaints
- Suits frequent online shoppers but lacks lifestyle benefits beyond the rewards program — Paisabazaar (3.5/5)
- Falls short of expectations, limited value outside the CRED ecosystem — CardInsider
Sources
- Official — marketing copy only
- Aggregator — fees, rewards, sentiment
- Aggregator — fee waiver structure, exclusions, sentiment