IndusInd Bank Payback Credit Card
Joining Fee: ₹249 + GST
Renewal Fee: No renewal fees
Reward Type: Reward Points
Welcome Benefits
Initial PAYBACK Points: Earn 1,000 PAYBACK Points as a welcome gift upon payment of the joining fee.
PAYBACK Plus Membership: Receive a complimentary PAYBACK Plus membership, enhancing your rewards potential.
Rewards Program
Movie Bookings: Earn 20 PAYBACK Points per ₹100 spent.
Dining: Earn 5 PAYBACK Points per ₹100 spent.
Groceries and Shopping: Earn 5 PAYBACK Points per ₹100 spent.
Other Spending: Earn 2 PAYBACK Points per ₹100 spent on utilities, insurance payments, etc.
Fuel Transactions: No PAYBACK Points are earned on fuel purchases.
Milestone Benefits
Monthly Spending: Earn 500 PAYBACK Points for spending ₹20,000 or more in a month.
Annual Spending: Earn 4,000 PAYBACK Points for spending ₹2,00,000 or more in a year.
Rewards Redemption
Redemption Options: Redeem PAYBACK Points for e-vouchers, recharges, or products from the catalog available at www.payback.in.
Points Value: 1 PAYBACK Point = ₹0.25.
Insurance Benefits
Personal Air Accident Insurance: Coverage up to ₹25 lakhs for accidents occurring while traveling by air.
Additional Benefits
Auto Assist: Enjoy complimentary services such as roadside repair, emergency fuel supply, and towing assistance.
Summary
The IndusInd Bank Payback Credit Card is an excellent choice for those seeking a budget-friendly and easy-to-manage card. It offers generous rewards, including 1% fuel surcharge waiver for transactions between ₹400 and ₹4,000 at fuel stations across India. The card provides substantial milestone benefits, allowing you to earn 500 PAYBACK Points monthly on spending ₹20,000 or more, and 4,000 PAYBACK Points annually on spending ₹2,00,000 or more. Additionally, it includes auto assist services. With its comprehensive benefits, this card is a reliable option for maximizing rewards and convenience.