@abhishek012 Doesn’t IndusInd charge redemption fee of Rs.100 for each redemption make IndusInd Rupay cards pointless when compared with other bank Rupay without redemption charges?
I spoke with CC who confirmed redemption charges are applicable for cash credit/ statement balance adjustments, just like GC redemption.
Got it. 🙋🏻♂️Maximum only 1L allowed it seems (or 1/3rd of existing limit?). Since reward rate is poor, I'd probably allot 30K or 40K only to it.
Apart from card collection, this has no use
Thanks Got It
Terms & Conditions
Companion Credit Card cannot be availed on your add-on credit card
I agree that credit limit on my companion credit card will be shared with my existing credit card
I agree that issuance of companion credit card will be at the sole discretion of IndusInd Bank and IndusInd Bank reserves the right to modify the terms and conditions of Companion Credit card
The Credit Limits and Cash Limits on any Credit Card at any point in time are at the sole discretion of IndusInd Bank.
Credit limit on your IndusInd Bank Companion Credit Card is shared.
Irrespective of different credit limits individually on your IndusInd Bank Credit Card, the combined usage will be restricted to the shared limit.
Credit limits at individual card level or shared limit at customer level are decided at sole discretion of the bank basis extant internal guidelines. IndusInd Bank reserves the right to update the customer's demographic and personal details as per the latest application for his/her existing card(s) if any.
The maximum number of IndusInd Bank credit cards issued to a customer is subject to Bank's internal policies and discretion
Credit Card bill payments will have to be done separately, excess payment on one card will not set-off against another card.
Transaction Limits set (if any) on your existing credit card may be revised basis the credit limit opted on your companion card
Read Detailed Terms And Conditions at MITC
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