IndusInd Bank
IndusInd Tiger Credit Card
LIFETIME FREE Card
This is an invite only card
Apply and get ₹500 Rewards
Top Benefits
Get 8 complimentary Domestic Airport Lounge
visits every year
Get Free Movie Tickets on BookMyShow
with 1 complimentary ticket up to ₹500 every 6 months in a calendar year
Best For
Shopping
Travel
The IndusInd Tiger Credit Card is a premium lifestyle card designed for frequent travelers, food lovers...
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The IndusInd Tiger Credit Card is a premium lifestyle card designed for frequent travelers, food lovers...
The IndusInd Tiger Credit Card is a premium lifestyle card designed for frequent travelers, food lovers, and weekend shoppers. What makes this card stand out is that it offers luxury perks found on high-end cards, all while charging zero joining and zero annual fees. You get immediate value right out of the gate with welcome vouchers, followed by robust earning rates on your daily spends.
This card works great for mid-level professionals who want comprehensive travel insurance, international lounge access memberships, and golf privileges without committing to hefty yearly charges. The bank has tailored this product to heavily reward your weekend leisure spending while ensuring your international trips are cheaper thanks to a reduced foreign exchange markup.
View FAQ
Commonly Asked Questions
Is the IndusInd Tiger Credit Card lifetime free?
Yes, this card comes with a zero joining fee and a zero annual fee. You do not have to meet any yearly spending targets to keep it free.
Who should apply for this card?
This card is perfect for salaried individuals earning at least Rs. 35,000 per month who want travel and lifestyle perks without paying annual fees. It heavily favors those who spend a lot on weekends.
What makes this different from other travel cards?
Most travel cards with Priority Pass memberships and golf benefits charge anywhere from Rs. 1,000 to Rs. 3,000 annually. This card offers those exact memberships for zero annual fees.
Expert Review
In my experience analyzing hundreds of credit cards, the IndusInd Tiger Credit Card holds a very unique position. The absolute highlight is its zero annual fee combined with an Rs. 8,000 welcome voucher package. Getting massive upfront value without paying a dime to the bank is incredibly rare today. I also highly appreciate the 1.5% forex markup, which makes this card a secret weapon for international online shopping and travel.
However, the card does have a glaring flaw: the Priority Pass membership. While they advertise access to 1,000+ lounges, charging usage fees for every single visit defeats the purpose for frequent flyers. If you have a layover in Dubai, paying USD 32 (approx Rs. 2,600) just to enter a lounge using this card isn't practical when other cards give it to you for free. My verdict? Keep this card purely for its zero maintenance cost, the weekend reward multipliers, and the cheap forex rates, but rely on another card if you want completely free airport food and relaxation.
Joining / Annual Fee
Joining Fees
₹0 ( ₹0 + GST )
Annual Fees
₹0 ( ₹0 + GST )
The fee structure is one of the most attractive aspects of the IndusInd Tiger Credit Card. The bank cha...
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The fee structure is one of the most attractive aspects of the IndusInd Tiger Credit Card. The bank cha...
The fee structure is one of the most attractive aspects of the IndusInd Tiger Credit Card. The bank charges an absolute zero joining fee for new customers. Unlike many premium cards that charge Rs. 1,000 to Rs. 3,000 just to issue the card, you pay nothing to get started with this one. Furthermore, there is a zero annual fee from the second year onwards. You do not need to worry about meeting high spending targets like spending Rs. 2 Lakhs a year just to get a fee waiver. The card remains free to hold, making it an excellent long-term addition to your wallet without any maintenance costs.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is exactly Rs. 0. You do not pay anything to have the card issued to you.
What is the annual or renewal fee?
The annual renewal fee is Rs. 0. You do not have to pay yearly maintenance charges.
Do I need to spend a certain amount to waive the annual fee?
No, since the annual fee is zero by default, there are no mandatory spending thresholds you need to meet for a waiver.
Are there hidden charges for keeping the card active?
No, there are no hidden annual charges. However, you must make a Rs. 100 transaction within 30 days of receiving the card to activate your rewards account.
Can the bank change the annual fee later?
While banks reserve the right to revise fees, this card is currently issued with a zero annual fee structure.
Do I still get welcome benefits if I don't pay a joining fee?
Yes, despite paying zero joining fees, you still receive the Rs. 8,000 worth of welcome gift vouchers upon activation.
Is there a fee for issuing add-on cards?
You can get up to 2 add-on cards for your family members with a zero joining and annual fee.
How long is the zero fee offer valid?
The zero joining and zero annual fee is a core feature of this card offering, not a limited-time promotional waiver.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
5LPA
Credit
Rating*
750+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
To secure approval for the IndusInd Tiger Credit Card, applicants must meet specific age, income, and c...
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To secure approval for the IndusInd Tiger Credit Card, applicants must meet specific age, income, and c...
To secure approval for the IndusInd Tiger Credit Card, applicants must meet specific age, income, and credit score requirements set by the bank. The age requirement is straightforward: both salaried employees and self-employed individuals must be between 21 and 60 years old to apply.
On the income front, salaried professionals need a minimum monthly salary of Rs. 35,000. On an annual basis, this means you need an income of at least Rs. 5 Lakhs. Self-employed applicants, such as business owners or freelancers, are also required to show a minimum annual income of Rs. 5 Lakhs through their tax returns. Additionally, a strong credit history is vital. The bank looks for a minimum CRIF or CIBIL score of 750 to process your application smoothly. Having a score of 750 shows the bank that you have a reliable track record of managing loans and credit bills.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary applicant must be at least 21 years old to be eligible for this credit card.
What is the maximum age limit?
You must be 60 years old or younger at the time of submitting your application.
What is the minimum salary required for salaried professionals?
Salaried individuals must earn a minimum of Rs. 35,000 per month, which equals Rs. 5 Lakhs annually.
Can a self-employed person apply?
Yes, self-employed individuals are fully eligible as long as they meet the minimum income criteria.
What income must self-employed applicants show?
Self-employed applicants must demonstrate a minimum annual income of Rs. 5 Lakhs.
What credit score is needed for approval?
You need a minimum CRIF or CIBIL credit score of 750 to qualify for this card.
What happens if my credit score is below 750?
If your score is below 750, the bank will reject your application as they require a strong credit history.
Can students apply for this card?
Unless the student has a demonstrable monthly income of Rs. 35,000 and a 750 credit score, they will not be eligible.
All Card Benefits
- Reward earnings up to ₹8,000 annually on spends of ₹6,00,000 based on slab system
- 4 complimentary golf games or lessons per year worth ₹4,000 each
- 2 complimentary movie tickets worth ₹500 each annually
- Up to 10 airport lounge visits annually (8 domestic + 2 international)
Welcome Benefits
Upon activating your card, the bank rewards you with exclusive gift vouchers worth ...
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Welcome Benefits Upon activating your card, the bank rewards you with exclusive gift vouchers worth ...
Welcome Benefits
Upon activating your card, the bank rewards you with exclusive gift vouchers worth Rs. 8,000 from top partner brands. This is a massive upfront value for a card that charges zero joining fees. For example, getting Rs. 8,000 in shopping or travel vouchers just for activating a free card immediately puts you in a profitable position from day one.
Reward Points Structure
The IndusInd Tiger Credit Card splits its earning potential between weekdays and weekends. You earn 2 Reward Points for every Rs. 100 spent on weekdays (Monday to Friday). On weekends (Saturday and Sunday), your earning rate jumps to 3 Reward Points for every Rs. 100 spent.
Each point holds a value of Rs. 0.40 against your statement balance, or you can convert them into air miles at a ratio of 1 point to 1.2 miles. Let's look at a practical example. If you spend Rs. 20,000 on a Saturday shopping trip, you will earn 600 Reward Points. You can use these points to knock Rs. 240 off your next credit card bill, or you can convert them into 720 air miles for your next flight. One of the best parts of this system is that your reward points never expire as long as your account remains active.
Travel and Lounge Benefits
Travelers will appreciate the complimentary Priority Pass membership that comes with the IndusInd Tiger Credit Card, granting you access to over 1,000 international lounges worldwide. However, it is important to note that while the membership itself is free, standard usage fees apply every time you enter a lounge.
The card also features a remarkably low foreign currency markup fee of just 1.5% on international transactions, compared to the standard 3.5% charged by many other cards. If you travel abroad and spend the equivalent of Rs. 1,00,000, a normal card would charge you Rs. 3,500 in forex fees. With this card's 1.5% special rate, you only pay Rs. 1,500, saving you Rs. 2,000 instantly. You also receive comprehensive travel insurance that includes up to Rs. 25 lakh in air accident coverage and compensation for lost baggage.
Movie and Entertainment Benefits
Your weekend movie plans get cheaper with the 'Buy 1, Get 1' movie ticket offer available through BookMyShow. The bank caps the maximum discount at Rs. 200 per free ticket. For example, if you book two tickets priced at Rs. 250 each, you will pay Rs. 250 for the first ticket and only Rs. 50 for the second one, bringing your total to Rs. 300 instead of Rs. 500.
Dining and Lifestyle Benefits
Food enthusiasts get a complimentary EazyDiner Prime membership, which offers up to 25% discount and additional perks at partner restaurants. If you take your family out for dinner and the bill comes to Rs. 4,000, that 25% EazyDiner Prime discount saves you a solid Rs. 1,000 right at the table. Golf lovers can also enjoy complimentary golf lessons and games at select courses across India, and you have access to a 24x7 concierge service for travel and hotel bookings.
Fuel Surcharge Waiver
While you do not earn reward points on fuel, the card does provide a 1% fuel surcharge waiver across all petrol stations in India. To qualify, your fuel transaction must be between Rs. 400 and Rs. 4,000. For instance, a Rs. 2,000 petrol fill-up usually attracts a Rs. 20 surcharge, which this card will completely waive.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You need to make a minimum transaction of Rs. 100 within 30 days of receiving the card. Once this activation step is complete, you become eligible for the vouchers.
What is the total value of the welcome benefit?
The welcome package includes exclusive gift vouchers valued at Rs. 8,000 from top brands.
Do I have to pay a joining fee to get these vouchers?
No, the card has a zero joining fee, which means you receive these Rs. 8,000 vouchers simply for activating and using your new free credit card.
When will I receive the welcome vouchers?
The vouchers are credited to your account or email within 15 working days after you complete the mandatory activation transaction of Rs. 100.
What is the standard reward rate on this card?
You earn 2 points per Rs. 100 spent on weekdays and 3 points per Rs. 100 spent on weekends.
What is the value of 1 reward point in rupees?
Each reward point is valued at Rs. 0.40 when redeemed against your outstanding statement balance.
How many air miles do I get for my points?
You get 1.2 air miles for every 1 Reward Point. For instance, 1,000 points will give you 1,200 air miles.
Do I earn points on fuel purchases?
No, fuel spends are completely excluded from earning reward points on this card.
Do I earn points on rent payments?
No, rent payments are part of the bank's exclusion list and will not earn any reward points.
Do my reward points expire?
No, your reward points will never expire as long as your credit card account remains active and in good standing.
Are utility bills eligible for rewards?
No, utility bill payments like electricity and water are excluded from earning reward points.
How many points do I earn if I spend Rs. 50,000 on a weekend?
You earn 3 points per Rs. 100 on weekends. Spending Rs. 50,000 will earn you 1,500 points, which equals Rs. 600 in statement credit.
Can I earn points on wallet loads?
No, adding money to digital wallets does not accumulate any reward points on this card.
Is there a limit to how many points I can earn?
Reward points on this card are capped at 10,000 points per billing cycle, ensuring balanced rewards for all users.
Do I get free airport lounge visits?
You get a complimentary Priority Pass membership, but standard usage fees will apply when you actually enter the lounges.
How much is the foreign markup fee?
As a special travel benefit, this card offers a low forex markup of 1.5% on international transactions.
What travel insurance coverage is included?
You get air accident coverage up to Rs. 25 lakh, plus compensation for lost baggage during your travels.
Does the Priority Pass cover domestic lounges?
Priority Pass is dedicated to international lounges; for domestic access, this card provides 2 complimentary visits per quarter to major Indian airport lounges.
How does the movie benefit work?
You can avail a Buy 1 Get 1 free movie ticket offer through BookMyShow when using this card.
What is the maximum discount I can get on the free ticket?
The maximum discount per free ticket is capped at Rs. 200.
What happens if my ticket costs Rs. 300?
If your ticket costs Rs. 300, you will get a Rs. 200 discount on the second ticket and pay the remaining Rs. 100 difference yourself.
How many times a month can I use this offer?
You can use this Buy 1 Get 1 movie ticket offer up to 2 times every calendar month.
What dining discounts do I get?
You receive a complimentary EazyDiner Prime membership that gives you up to 25% off at partner restaurants.
Are golf games completely free?
Yes, the card provides complimentary golf lessons and games at select golf courses in India.
What does the 24x7 concierge do?
The concierge helps you with travel bookings, hotel reservations, and organizing lifestyle needs at any time of the day.
How long is the EazyDiner Prime membership valid?
The complimentary EazyDiner Prime membership remains valid for 12 months from the date of your card activation.
Do I save money on petrol?
Yes, you get a 1% fuel surcharge waiver at all petrol stations across India.
What is the minimum transaction for the fuel waiver?
Your fuel purchase must be at least Rs. 400 to qualify for the surcharge waiver.
What is the maximum transaction limit for the waiver?
The waiver applies to transactions up to a maximum of Rs. 4,000 per swipe.
Is there a monthly cap on the fuel surcharge waiver?
The fuel surcharge waiver is capped at a maximum benefit of Rs. 250 per billing cycle.
Milestone Benefits
20000 reward points(Worth ~ ₹8,000)
Spend ₹6,00,000 in 365 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.40
Redemption Options
You can redeem you points here
To check redemption catalogue
Redeeming the rewards you accumulate on your IndusInd Tiger Credit Card is a very user-friendly process...
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Redeeming the rewards you accumulate on your IndusInd Tiger Credit Card is a very user-friendly process...
Redeeming the rewards you accumulate on your IndusInd Tiger Credit Card is a very user-friendly process. All points earned on your weekday and weekend spends collect in your rewards account automatically. To redeem them, you need to visit the dedicated redemption catalogue at IndusMoments (https://www.indusmoments.com/).
You have a couple of highly effective choices. If you want to lower your credit card bill, you can redeem your points for cash credit at a rate of Rs. 0.40 per point. For example, if you have accumulated 10,000 Reward Points over a few months of shopping, you can convert them into Rs. 4,000 worth of statement credit. Alternatively, if you love traveling, you can convert those same 10,000 points into 12,000 air miles (at the 1 point = 1.2 miles ratio) to book your next flight. Best of all, the bank charges absolutely no fee when you make a redemption, ensuring you get the full value of your rewards.
View FAQ
Commonly Asked Questions
Where do I go to redeem my reward points?
You can browse options and redeem your points directly through the official rewards catalogue at IndusMoments.
What is the cash value of my reward points?
When adjusting points against your outstanding balance, 1 Reward Point is equal to Rs. 0.40.
Is there a fee to process my reward redemption?
No, there is absolutely no fee charged when redeeming your reward points on this card.
How do I convert points to air miles?
You can select the air miles transfer option on the IndusMoments portal, where every 1 point converts to 1.2 air miles.
How long does statement credit take to reflect?
Statement credits are processed within 3 to 7 working days after your redemption request.
Can I use my points to buy gift vouchers?
Yes, the IndusMoments portal allows you to trade your points for brand gift vouchers and physical products.
What happens to my points if I close my card?
Unredeemed points are forfeited upon account closure, so you should use them all before canceling the card.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an IndusInd Bank Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an IndusInd Bank Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel Spends
Insurance Payments
EMI Spends
ATM Cash Withdrawals
Jewellery Purchases
Education Spends
Government-related Transactions
Wallet Loads
Bank Charges & Fees
All Reversals
Gambling Transactions
Toll Payments
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges (Late Fee
dishonored cheque charges
transaction charges & etc)
Payments made using standard instructions
For Spends Waiver
Rent Payment
Fuel Spends
Insurance Payments
EMI Spends
ATM Cash Withdrawals
Jewellery Purchases
Education Spends
Government-related Transactions
Wallet Loads
Bank Charges & Fees
All Reversals
Gambling Transactions
Toll Payments
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges (Late Fee
dishonored cheque charges
transaction charges & etc)
Payments made using standard instructions
To maximize your earning potential, you must be aware of where the IndusInd Tiger Credit Card will not ...
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To maximize your earning potential, you must be aware of where the IndusInd Tiger Credit Card will not ...
To maximize your earning potential, you must be aware of where the IndusInd Tiger Credit Card will not give you any rewards. The bank has a strict list of exclusion categories. If you swipe your card for Rent Payments, Fuel Spends, Insurance Payments, EMI Spends, ATM Cash Withdrawals, Jewellery Purchases, or Education Spends, you will earn zero points.
Additionally, Government-related Transactions, Wallet Loads, Bank Charges, Gambling Transactions, Toll Payments, Broker Services, Charity, Railways, Utility Bill Payments, Balance Transfers, and Late Fees are completely excluded. To put this in perspective: if you use your card to pay a Rs. 20,000 house rent and a Rs. 5,000 electricity bill in a month, you might expect to earn points. However, because rent and utilities are excluded, you earn zero points on that Rs. 25,000 spend. Always shift your card usage toward regular shopping, dining, and travel to ensure you are actually accumulating value.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Spends on rent, fuel, insurance, EMIs, ATM withdrawals, jewellery, education, government services, wallets, and utilities earn zero rewards.
Does paying rent with this card earn reward points?
No, rent payments are strictly excluded from reward earning, and you will not accumulate any points for them.
Are utility bill payments such as electricity excluded?
Yes, all utility bill payments including electricity, water, and gas are entirely excluded from the rewards program.
Do wallet top-ups earn rewards on this card?
No, loading money into digital wallets like Paytm or Amazon Pay will not give you any reward points.
If I buy jewellery, will I earn points?
No, jewellery purchases are specifically added to the bank's exclusion list and yield zero points.
Do I get points when my large purchase is converted to an EMI?
No, once a transaction is converted into an EMI plan, it becomes ineligible for reward points.
What happens if I accidentally make a payment in an excluded category?
The transaction will process successfully as a normal payment, but your reward points balance will simply not increase for that specific spend.
Do I get points for paying my insurance premiums?
No, insurance premium payments do not qualify for reward points on this card.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  1.5% Forex Markups are levied if you use your card to make payment in any currency other than INR. This fee will be levied if you shop on any ecomerce website which accepts payment in currency other than INR or if you make a payment outside of India using a POS. Below mentioned table gives forex markup for most common spends | 1.50% |
APR Fees 3.5% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 42% on revolving credit | 3.50% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request. | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge | 1% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees
| ₹250 |
Cash Payment Fees | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹100 | ₹0 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹1000 | ₹350 |
| ₹1001 - ₹10000 | ₹550 |
| ₹10001 - ₹25000 | ₹800 |
| ₹25001 - ₹50000 | ₹1100 |
| ₹50001 - and above | ₹1300 |
The IndusInd Tiger Credit Card presents an incredibly rare fee structure for a premium lifestyle card...
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The IndusInd Tiger Credit Card presents an incredibly rare fee structure for a premium lifestyle card...
The IndusInd Tiger Credit Card presents an incredibly rare fee structure for a premium lifestyle card, primarily because it eliminates the yearly holding costs. While it completely drops joining and annual charges, you still need to be aware of interest rates, foreign markups, and cash withdrawal penalties to manage the card effectively.
Joining Fee: The bank charges a Rs. 0 joining fee for this card. You pay nothing to open the account, yet you still receive Rs. 8,000 worth of welcome gift vouchers upon activation.
Annual or Renewal Fee: The annual renewal fee is strictly Rs. 0, meaning it acts as a lifetime free card. There are no mandatory monthly or yearly spending thresholds that you need to hit to waive the fee.
APR or Interest Rate: The card carries an interest rate of 3.6% per month. Credit cards allow an interest-free payment period of 20 to 55 days, but if you fail to pay your statement balance on time, the bank applies this rate. For example, if you carry an unpaid balance of Rs. 10,000 into the next month, a 3.6% monthly fee adds Rs. 360 in interest charges to your bill, which quickly spirals into an annualized rate of 43.2%.
Late Payment Charges: Late payment fees range from Rs. 100 to Rs. 1,300 depending on the total amount due, with no charges for balances under Rs. 100.
Foreign Transaction or Forex Markup Fee: International transactions carry a special low 1.5% foreign currency markup for this card. If you spend USD 100 abroad (around Rs. 8,300), a 1.5% markup costs you just Rs. 124 in fees, making international shopping highly economical.
ATM Cash Withdrawal Fee: If you use this credit card to withdraw cash from an ATM, a heavy 2.5% fee on the withdrawn amount applies, subject to a minimum of Rs. 500. For instance, if you withdraw Rs. 10,000 to pay a vendor, 2.5% is Rs. 250, but because of the minimum rule, the bank will charge you Rs. 500 just for taking the cash out, plus immediate interest.
Rent Payment Convenience Fee: A convenience fee of 1% plus GST is charged on all rent payment transactions conducted through third-party platforms with this card.
Railway Surcharge: A surcharge of 1.8% for internet bookings and 2.5% for counter bookings applies to all railway transactions made via IRCTC.
Cash Payment Fee: A fee of Rs. 100 is charged for every cash deposit made at bank branches for bill payments.
Cheque Payment Fee: While standard cheque payments are free, a cheque bounce attracts a penalty of Rs. 500 plus GST.
Reward Redemption Fee: This fee is strictly Not Applicable. No fee is charged when redeeming reward points on this card. If you convert 5,000 points to statement credit, you get the full value without a Rs. 99 handling fee cutting into your savings.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 0 |
| Annual Fee | Rs. 0 |
| Interest Rate (APR) | 3.6% monthly (approx 43.2% annually) |
| Forex Markup | 1.5% special benefit rate |
| ATM Cash Withdrawal | 2.5% of withdrawn amount (Min Rs. 500) |
| Reward Redemption Fee | Nil |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is exactly Rs. 0, making it entirely free to acquire.
What is the annual or renewal fee?
The renewal fee is Rs. 0, meaning you never have to pay a yearly charge to keep the card active.
Is there an annual fee waiver based on spending?
No, because the card has no annual fee by default, there is no need to meet spending milestones for a waiver.
How can I get this card lifetime free?
By default, the zero joining and zero annual fee structure makes this effectively a lifetime free card for standard users.
What is the interest rate (APR) if I don't pay my full balance?
The bank charges an interest rate of 3.6% per month on unpaid balances.
How is the interest calculated on outstanding balances?
If you miss your due date, interest starts accruing at 3.6% monthly. For a Rs. 20,000 outstanding balance, that means an added Rs. 720 in interest charges for one month alone.
What are the late payment charges?
Late payment charges scale from Rs. 100 for small balances to Rs. 1,300 for balances exceeding Rs. 50,000.
What is the forex markup for international transactions?
This card boasts a special low foreign currency markup of 1.5% on international spends.
Can I withdraw cash using my credit card?
Yes, but you will be charged a cash advance fee of 2.5% on the amount withdrawn.
What are the cash withdrawal limits and charges?
The charge is 2.5% of the transaction amount, subject to a minimum of Rs. 500. Withdrawing Rs. 5,000 will trigger the Rs. 500 minimum penalty instantly.
Are there fees for paying rent with this card?
Yes, a 1% convenience fee plus taxes applies to all rent payments. Remember that rent also does not earn reward points.
Is there a fee to redeem my reward points?
No, redeeming points is completely free. You keep 100% of the value of your points when using the rewards catalogue.
What happens if my payment cheque bounces?
A bounced cheque results in a Rs. 500 penalty fee and negatively impacts your credit score.
Is there a fee for paying my bill in cash?
Paying your bill via cash at a branch incurs a service fee of Rs. 100 per transaction.
What happens if I spend more than my credit limit?
An over-limit fee of 2.5% of the over-limit amount (minimum Rs. 500) will be charged to your next statement.
Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
View FAQ
Commonly Asked Questions
What identity documents are needed?
You will need to provide your original PAN card and a valid Aadhaar card for KYC verification.
What income proof do salaried individuals need?
Salaried workers should submit their most recent salary slips for the last two months or corresponding bank statements.
What income proof is required for self-employed applicants?
Self-employed individuals must provide their latest Income Tax Return (ITR) documents reflecting a minimum income of Rs. 5 Lakhs.
Can I use my driving license as address proof?
Yes, valid driving licenses, passports, and Aadhaar cards are generally accepted as proof of residence.
Do I need to submit physical copies of my documents?
If you complete Video KYC, you only need to show the physical PAN card on camera; document submission is largely digital.
What if my current address is different from my Aadhaar address?
You can provide a registered rent agreement, latest utility bill (electricity/gas), or a bank statement from the last 3 months as valid current address proof.
Who Should Get This Card?
You should apply for the IndusInd Tiger Credit Card if you are someone who strongly resents paying annual fees but still wants to enjoy the lifestyle perks of a premium card. If your spending naturally spikes on Saturdays and Sundays, the accelerated weekend reward rate will serve you very well. Furthermore, if you travel internationally but don't mind paying a usage fee for lounge access, the low 1.5% forex markup alone makes this a great secondary travel card to keep in your wallet.
Conversely, you should NOT get this card if your primary goal is free airport lounge access. Because the Priority Pass charges a usage fee for every visit, frequent flyers who want free food and rest at airports are better off paying an annual fee for a card that offers complimentary visits. Also, if you spend heavily on utilities, rent, and fuel, this card's strict exclusion list means you will earn almost zero rewards on your major monthly expenses.
Credit Limit and What to Expect
When you are approved for the IndusInd Tiger Credit Card, the bank assigns your credit limit based entirely on your financial profile. They look closely at your monthly income of Rs. 35,000 or more, your existing credit utilization, and your 750+ CRIF score. Over time, as you pay your bills in full and on time, you can request credit limit enhancements to increase your purchasing power.
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Commonly Asked Questions
What will my starting credit limit be?
Your starting limit is personalized based on your income, existing debt, and your credit score of 750 or above.
Can I ask for a higher limit immediately?
Banks require you to use the card responsibly for at least 6 months before entertaining a credit limit increase request.
Does a higher salary mean a higher credit limit?
Yes. If you earn significantly more than the Rs. 35,000 minimum requirement, the bank is likely to grant a higher spending limit.
Will using my full limit affect my credit score?
Yes, constantly maxing out your credit limit increases your credit utilization ratio, which can temporarily lower your CRIF or CIBIL score.
Can I spend beyond my credit limit?
Over-limit transactions are permitted up to 10% of your limit, subject to an over-limit fee of 2.5% of the excess amount (minimum Rs. 500).
How do I check my available credit limit?
You can check your total and available credit limit in real-time using the bank's official mobile banking app or net banking portal.
How to Apply?
Applying for the IndusInd Tiger Credit Card is a quick and straightforward online process. First, ensure you have your PAN card, Aadhaar card, and income documents ready. Navigate to the bank's official website or a trusted partner platform to start your application. Fill in your personal, employment, and income details accurately. Once your initial profile is checked against the 750 credit score requirement, you will move to the Video KYC stage. During Video KYC, a bank executive will verify your original PAN card over a live video call. Ensure you have a stable internet connection and are in a well-lit room. After successful verification, the bank will process your application and dispatch the physical card to your registered address.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply directly through the official bank website or via authorized financial partner platforms online.
Is Video KYC mandatory?
Yes, Video KYC is a standard procedure that allows you to complete your identity verification entirely from home without visiting a branch.
What documents do I need for the Video KYC call?
You must have your original physical PAN card and a blank piece of paper with a pen to provide a live signature.
How long does the approval process take?
Once your Video KYC is successfully completed, final approval and card dispatch take 7 to 10 working days.
Can I apply offline at a branch?
Yes, you can visit your nearest bank branch with your physical documents to submit an offline application.
How can I track my application status?
You will receive an Application Reference Number via SMS, which you can use on the bank's tracking portal to check your status.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹500 Rewards
Top Benefits
Get 8 complimentary Domestic Airport Lounge
visits every year
Get Free Movie Tickets on BookMyShow
with 1 complimentary ticket up to ₹500 every 6 months in a calendar year
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