Any good credit card from IndusInd ?
- 13721
- 133
-
- Last Comment
- Sort By
Cashback of IndusInd Iconia Amex can be redeemed for statement credit (2% or 1.5%).
Whereas in case of HDFC Infinia, if RPs redeemed for statement credit, it’s halved which is = 1.65%.
Indusind iconia Amex :- Dont think twice, just apply. Try to negotiate with their agent, can get that without fee as well.
Not useful for rotaters
Also, you will earn reward points only for spends upto the assigned credit limit in every statement cycle.Illustration:Credit Limit Total Spends in Statement Cycle Reward Points Earned
Rs. 1,00,000 Rs. 90,000 900
Rs. 1,00,000 Rs. 1,80,000 1000* (1800 – 800)If the rewards earning ratio is 1 Reward Point for every Rs. 100 spent, a Cardholder who spends Rs. 90,000 in a statement cycle will earn 900 Reward Points.However, in the second example, if a Cardholder spends Rs. 1,80,000 against the assigned credit limit of Rs. 1,00,000, he will earn 1000 Reward Points only.* Total Reward Points earned in the Statement Cycle is 1800. 800 Reward Points will be forfeited as earned due to excess usage above the credit limit.
Isn’t Aura Platinum card free these days ?
which one is good in terms of rewards point
I have indus ind LTF card got few years back, but one of the useless card as there will not be any usefull offers. I used card very very rarely and even its more than a year since last used.
indus amex iconia best.. i guess i got this card with out fee or i may got amazon 10k voucher ..
I have the Platinum Aura Edge card from them…Joining fee was 499+GST…They reverse the fee after 5-6 months turning it as a LTF card…I am interested in the Iconia Card but I’m not sure if they will charge any joining fee on that or not so not applying…
Legend Card is above Iconia Amex in their hierarchy but gives 1% rewards during weekdays compared to 1.5% on Iconia. Not sure why.
Only better thing on the legend card compared to Iconia Amex afaik is you get 4k bonus reward points (redeemable as statement credit) on 6L annual spends.
I have Legend Visa CC. One time fees is Rs. 10000 excluding GST and excluding Gifts. It gives – 2 RP at weekends, 1 RP at Weekdays, 1RP = 1 Rs., Bonus 4000 RP on crossing 6 lakhs spends in 1 year, 3 free tickets in a month on BMS with additional 50 Rs. off on F&B option, Foreign currency markup 1.8%, No ATM cash withdrawl fees for lifetime ( great in emergencies), Targetted Diwali spend offers (huge RP earnings), Free Upgrade to Indusind Select Savings account-where, otherwise, miminum AMB requirement is Rs. 50,000. But with Legend Credit Card @ 10,000 Rs. you get that Select account for Zero balance.
Have you opened select account based on creditcard
Yes. I already had a basic account. I upgraded that to Select account after acquiring Legend CC. But, now i have an Exclusive account based on 6 lakhs MF/demat valuation.
Its a one time joining fees. No renewal fees. No renewal spend targets. Loads of RPs. Easy acceptability of Visa compared to Amex. And, aboveall, a free Select account. Its all worth 10000/-
I have also applied for Indusind Iconia Amex through BB as it was showing LTF..but after completing application approx 4days ago no update yet.
Yeah, the local indusind credit card sourcing team Appears to be too much lethargic.
Some lady called me up yesterday, that she needs stencil of my credit card and sending a guy to collect that from my office, I said yes, and that poor stencil collection guy seems to be still on his way since Monday.
They occasionally send spend based offers, use it only for that, or if there are any IndusInd specific offers. If its LTF + no joining fee, what do you have to lose, get one and keep it idle till you get an offer.
Do they send one time charge in first statement?
I have confirmed with everyone till now. All saying ltf free.
A guy called me and told to submit 3 months payslip, 3 months account statement, kyc form and photo.
Submitted docs on saturday.
Got this sms today from Indusind bank
Dear customer,thank you for your interest in IndusInd Bank Credit Cards. Your application is being processed and we will update you with the status within 10 working days.
It has been 10 day’s till now the card is not yet dispatched.
The stencil guy said, I’ll be getting a confirmation call tomorrow and later card will be received in 20 days
Credit card lene me kya problem ho sakta hai?
Got my Indusind Iconia Amex Card today. Lim. 1Lac, cash lim-20%
No Joining benefits as its a LTF card.
How long did it take after physical verification of your address is done..?
Paperless Bank Bazaar CC application process and review.
Applied for IndusInd Platinum on BankBazaar on 2nd June, they converted the application to IndusInd Iconia on 3rd June,
online kyc done next day 4th june and got approval mail from bankbazaar,
present status as on 10th june is application under review by IndusInd, and BankBazaar status is logged/docs verified. IndusInd email response states applicaiton is under review and will take upto 10 days from receipt date i.e 7th June.
Had to only upload Aadhar and Pan, but No income docs needed
Will update further events.
Please confirm if Iconia Amex is LTF…as misselling is happening…they may charge your after card issue
Update:
IndusInd IVR says Application has been approved. No in person verification or no job verification.
Timeline:
BankBazaar applied on 2nd
Approved on 15th
Will update the dispatch status and the arrival.
Update: card dispatched on 17th, will be delivered on 19th via bluedart
You can check with existing IndusInd members and also at card expert forum
For anyone getting Iconia CC – Reward point value for cash credit in statement is now reduced. It is 75p per point which makes this card return 1.5% on weekends and 0.75% on weekdays.
Also, many categories like utility and insurance will get 0.7% by default. This was changed long back.
Considering this, FK Axis card is better now.
Ok..now the card is not worth it
Yes iconia amex is bad as most of the websites and physical store do not accept amex.
Payzapp do not accept amex. Airtel do not accept amex.
None of the IndusInd cards will give better benefits than HDFC Infinia that you already have. If you still want a card from them, you can go for IndusInd Iconia Amex. One time fee is 10k but they offset with equivalent vouchers so you only pay GST out of pocket. After that card is ltf. Card gives 2% cashback when used on weekends other wise 1.5%