IndusInd Bank Signature Visa Credit Card Review

Receive a complimentary stay at Oberoi hotels and earn 1.5 Reward Points for every Rs. 100 spent. Also, enjoy a buy one get one free offer on movie tickets booked through BookMyShow and receive a complimentary Priority Pass Membership with 2 lounge v...

IndusInd Bank Signature Visa Credit Card Review


General Information

Our Rating
7.6/10
Joining Fee
₹Rs. 50,000 + GST
Annual Fee
₹Nil
Best For
Travel

Rewards and Benefits

Reward Type
Reward Points
Welcome Offers
Get a luxurious stay at any of the best Oberoi hotels.
Entertainment & Dining
Buy 1 get 1 free offer on movie tickets on BookMyshow
Shopping Perks
1.5 Reward Point on every Rs. 100 spent
Travel Benefits
You get complimentary Priority Pass Membership and complimentary domestic lounge access.
Domestic Lounge Access
2 complimentary domestic lounge access every quarter
International Lounge Access
NA
Golf Benefits
Get 1 complimentary golf game and 1 lesson each month.
Insurance Coverage
Insurance cover for air accident, lost passport, lost baggage, delayed baggage, lost ticket & missed connection is provided.

Fees and Charges

Spend Waiver
Nil
Redemption Fee
Rs. 100
Forex Markup
3.5
Interest Rate
3.83% per month (45.96 per annum)
Fuel Surcharge Waiver
1% fuel surcharge waiver across all petrol stations in India for transactions between Rs. 400 and Rs. 4,000.
Cash Advance Fee
2.5% or Rs. 300 (whichever is higher)

Summary

Receive a complimentary stay at Oberoi hotels. Earn 1.5 Reward Points for every Rs. 100 spent. Enjoy a buy one get one free offer on movie tickets booked through BookMyShow. Receive a complimentary Priority Pass Membership. Receive 2 complimentary lounge visits every quarter. Enjoy a complimentary golf game each month at selected golf courses. Waiver of 1% fuel surcharge.

Our Review

The IndusInd Bank Signature Visa Credit Card is an ideal choice for avid travelers.

With a joining fee of Rs. 50,000 + GST and no renewal fee, this card offers an array of benefits suited specifically for travel enthusiasts.

One of the noteworthy welcome benefits of this card is the opportunity to enjoy a luxurious stay at any of the best Oberoi hotels.

This exclusive perk allows cardholders to experience top-notch hospitality right from the start.

For moviegoers, the IndusInd Bank Signature Visa Credit Card offers a fantastic dining offer.

With the "buy 1 get 1 free" offer on movie tickets through BookMyShow, you can indulge in an enjoyable movie experience without breaking the bank.

Shopping expenditures are also rewarded with this credit card.

Cardholders earn 1.5 Reward Points for every Rs. 100 spent, making it a lucrative option for shopaholics.

Travelers will appreciate the complimentary Priority Pass Membership and domestic lounge access that this card provides.

Moreover, you can enjoy 2 complimentary domestic lounge access passes every quarter, ensuring a relaxed and comfortable travel experience.

Golf enthusiasts are not left behind either.

With this credit card, you can avail yourself of 1 complimentary golf game and 1 lesson each month, catering to your sporting interests.

Moreover, the IndusInd Bank Signature Visa Credit Card offers a range of insurance benefits, including coverage for air accidents, lost passport, lost baggage, delayed baggage, lost ticket, and missed connections.

This provides cardholders with peace of mind while traveling.

When it comes to additional fees, there is no spend-based waiver available.

However, the rewards redemption fee stands at Rs. 100.

Foreign currency transactions attract a 3.5% markup, and the interest rate on this credit card is 3.83% per month (45.96% per annum).

Fuel surcharges are waived with this card, offering a 1% waiver across all petrol stations in India for transactions ranging from Rs. 400 to Rs. 4,000.

For cash advances, a fee of 2.5% or Rs. 300 (whichever is higher) is applicable.

To sum up, the IndusInd Bank Signature Visa Credit Card is an excellent choice for travel enthusiasts who seek luxurious stays, complimentary lounge access, exclusive dining offers, and a range of other benefits.

With its comprehensive insurance coverage and rewards program, this card ensures a rewarding experience for cardholders.

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