IndusInd Bank Iconia Amex Credit Card
Joining Fee: ₹3,500 + GST
Renewal Fee: No renewal fee
Reward Type: Reward Points
Welcome Benefits
Montblanc E-Gift Vouchers: As a welcome gift, you receive exclusive Montblanc e-gift vouchers that are valid for up to six months. These vouchers can be redeemed at 12 stores across six major cities in India, offering a touch of luxury right from the start.
Luxe Gift Card: You get a Luxe Gift card worth ₹5,000, which can be used at 30 luxury brands and stores, enhancing your shopping experience across high-end retailers.
Complimentary Hotel Voucher: Along with the card, you are provided with a complimentary Postcard hotel voucher, which adds value to your travel and accommodation needs.
Exclusive Vouchers: The card also includes a range of vouchers for popular brands and services such as Amazon, Flipkart, Big Bazaar, Zee5, Apollo Pharmacy, and various fashion and lifestyle brands like Biba, Vero Moda, and Louis Philippe.
Reward Points Structure
Weekday Rewards: Earn 1.5 Reward Points for every ₹100 spent on weekdays (Monday through Friday). This provides extra value for purchases made during the week.
Weekend Rewards: Enjoy a higher earning rate of 2 Reward Points for every ₹100 spent on weekends (Saturdays and Sundays). This encourages card use during the weekend, maximizing your rewards.
Reward Points Redemption
Airmiles: Accumulated Reward Points can be converted into Airmiles, with a rate of 100 Reward Points equating to 100 Airmiles. This option is ideal for frequent flyers looking to redeem points for travel.
Cash Credit: Points can also be redeemed for cash credit, where 1 Reward Point equals ₹1 in cash value, offering straightforward financial benefits.
IndusMoments: Alternatively, points can be redeemed at the Indus Moments Reward Portal for a variety of special gifts and vouchers. A minimum of 500 Reward Points is required for redemption against both Cash Credit and Airmiles.
Ticket Booking Benefits
Buy 1 Get 1 Free with BookMyShow: Enjoy a Buy 1 Get 1 free offer on movie ticket bookings through BookMyShow. This benefit allows you to get up to 1 complimentary ticket each month, with a maximum value of ₹200. If the ticket price exceeds ₹200, you will need to pay the difference.
Travel Benefits
Lounge Access: Benefit from 2 complimentary domestic lounge visits every quarter, enhancing your travel comfort during domestic flights.
Priority Pass Membership: Receive a complimentary Priority Pass membership, which allows access to lounges worldwide. Each additional visit using the Priority Pass is charged at USD 27 per person.
Golf Benefits
Golf Games: Enjoy 1 complimentary golf game every quarter, adding value for golf enthusiasts.
Golf Lessons: Receive 1 complimentary golf lesson every quarter, helping you to improve your game and enjoy a premium golfing experience.
Summary
The IndusInd Iconia Amex credit card offers a comprehensive array of benefits for a one-time fee of ₹3,500. It provides higher reward points compared to the Visa variant, with a competitive reward rate of ₹1 per point. Cardholders enjoy exclusive perks such as a Priority Pass membership for global lounge access, 2 complimentary domestic lounge visits each quarter, and a Buy 1 Get 1 free movie ticket offer with BookMyShow, allowing up to one free ticket per month. Additional lifestyle benefits include a range of exclusive vouchers and gift cards. Overall, the card delivers substantial value through its robust rewards program and attractive travel and lifestyle features.