Affiliate disclosure. Credit Smart India may earn a referral commission when readers apply through links on this page. Our editorial ratings, comparisons, and analysis stay independent of any commercial relationship — see our editorial policy and research methodology.
Verified May 2026·By Arun, Personal Finance Editor·Cross-checked against issuer MITC & RBI sources·How we research
IndusInd Bank Platinum Visa Credit Card Review
Entry-tier IndusInd Visa Platinum card. 1.5 RP per ₹150 base earn rate, fuel surcharge waiver, comprehensive insurance. Verified Apr 2026 against the official IndusInd product page.
IndusInd BankVisa PlatinumEntry tierInsurance bundle
Reward rate
1.5 RP per ₹150 (~0.6% on non-cash, ~0.4% on cash)
RP value (non-cash)
1 RP = ₹0.60 (eff. 1 Mar 2024)
RP value (cash)
1 RP = ₹0.40 (eff. 1 Mar 2024)
Cash redemption cap
2,500 RP per calendar month (eff. 1 Sep 2024)
Network
Visa Platinum
Movies
BookMyShow offer DISCONTINUED (eff. 1 Oct 2022)
Quick take
The IndusInd Platinum Visa is one of the bank’s older entry-tier cards, positioned for users who want comprehensive insurance and a basic earn rate without paying premium fees. Per the issuer’s own product page, the reward economics are modest: 1.5 RP per ₹150 of spend translates to ~0.6% value-back when redeemed for vouchers / merchandise. And ~0.4% when redeemed as cash credit. The 2,500 RP per month cash-redemption cap is a meaningful constraint for higher spenders.
Reward changes (per current issuer page)
| Effective date | Change |
|---|---|
| 1 Oct 2022 | BookMyShow offer discontinued on Platinum and Platinum Select cards |
| 1 Mar 2024 | Non-cash redemption value reduced to 1 RP = ₹0.60 |
| 1 Mar 2024 | Cash redemption value set at 1 RP = ₹0.40 |
| 1 Sep 2024 | Cash redemption capped at 2,500 RP per calendar month |
Benefits
- 1.5 RP per ₹150 spent (base earn)
- Comprehensive insurance benefits (refer current MITC for sums-insured)
- Fuel surcharge waiver across petrol stations in India
- Visa Platinum network acceptance
Verify in current MITC: Joining/annual fee, exact insurance sums, and fuel surcharge bands are not exposed on the issuer’s public product page. Always confirm in the latest IndusInd Platinum Visa MITC PDF before applying. For richer rewards at a similar/lower fee tier, consider the IndusInd Tiger (LTF) or IndusInd EazyDiner.