CRED IndusInd Bank RuPay Credit Card: rewards, caps and exclusions

What it earns

≈ marks a rate paid in points, valued at ₹0.5 a point. That is Zenidhi's conservative valuation, the same one the audit uses: the cheap end of what the points can be redeemed for, never the best transfer. Redeemed well, they can be worth more.

What earns nothing

Spend in these categories earns no rewards on this card, however it is paid for:

• Railway bookings
• Tolls
• Fuel
• EMI conversions
• Education fees
• Government payments
• Wallet loads
• Money transfers
• Rent
• Jewellery
• Cash withdrawals and fees

What costs extra

Worse than earning nothing: IndusInd Bank charges a fee for these.

• 1% on Rent payments through third-party merchants, plus GST
• 1% on Utility payment transactions, plus GST
• 1% on Wallet Loading transactions, plus GST
• 1% on Education payments through third-party websites and applications, plus GST
• 1% on Fuel transactions, plus GST

Fees

• Annual fee: ₹499, plus 18% GST
• Joining fee: none

Where this comes from

Transcribed from IndusInd Bank's own documents and checked against them on 9 October 2026:

• product page, indusind.bank.in
• CRED Reward Points exclusion page, indusind.bank.in
• MITC, indusind.bank.in (PDF)
• Cardholders' Agreement, indusind.bank.in (PDF)

Banks change these terms, sometimes with a month's notice. If a figure here disagrees with IndusInd Bank's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.

Hold this card?

We know this card's rules, but we don't read IndusInd Bank's mail yet, so the audit can't check your swipes on it. Which banks we read

Other IndusInd Bank cards

Every card we have rules for