IndusInd Bank Pinnacle Credit Card
IndusInd Bank
Annual fee waived from year 2 onward — the ₹15,000 joining fee is the real one-time cost to weigh here.
₹15,000
Joining fee
Free
Annual fee
Joining fee itself can be waived for existing Grandé Customers spending ₹50,000 within 90 days.
3.5%
Forex markup
3.5 / 5
Rating
Eligibility
Estimated minimum income: ₹83,334+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 800+
Estimated — not officially confirmed by the bank.
Age: 21+
Salaried applicants; pre-approval typically expects CIBIL 800+ and existing premium-card relationships per user comments
Lounge access
4 domestic / 4 international visits per year
Domestic: 1/quarter, gated by ₹1.5L quarterly spend (Paisabazaar). International count disputed: 1/quarter (Paisabazaar) vs 2/quarter (CardExpert) — the more detailed Paisabazaar figure is used.
Key features
- 2.5 pts/₹100 online shopping, 1.5 pts/₹100 online travel
- Cash-credit redemption at ₹0.75/point, capped 7,500 points/month
- Golf booking system praised by users
Reward details
1 point per ₹100 (POS/MOTO/IVR/standing instructions)
- 2.5 points per ₹100 on Online shopping
- 1.5 points per ₹100 on Online travel/airlines
Welcome bonus: Up to ₹15,000 Gyftr e-voucher (CardExpert)
Category caps
- Utility, insurance, government, education, rent: 0.70 points per ₹100 (reduced rate)
Redemption
Cash credit at ₹0.75/point, capped 7,500 points/month (effective Sept 1 2024, both sources agree).
Ratio: 2 points = 1 KrisFlyer mile
Excluded from rewards: fuel (no points, 1% surcharge waiver capped ₹500/month)
- Linked IndusInd Exclusive Account access called 'noteworthy' by users.
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Very fast process, 5-6 day card delivery via Paisabazaar — CardExpert
- Golf booking system called one of the best — CardExpert
Complaints
- Value has reduced over the years — CardExpert
- A new ₹118 redemption fee was introduced — CardExpert
- Some users reported receiving a Legend card instead due to a Mastercard network issue — CardExpert
Sources
- Official — marketing copy only
- Aggregator — fees, eligibility, lounge, rewards
- Aggregator — welcome bonus, redemption, sentiment