IndusInd Bank Iconia Amex Credit Card

(4.4/5)

Joining Fee

Rs. 3,500 + GST

Renewal Fee

Nil

Best Suited For

Movies | Travel | Dining |

Reward Type

Reward Points

Welcome Benefits

You get exclusive Montblanc e-gift vouchers, Postcard hotel vouchers, and Luxe Gift cards, and vouchers from popular brands like Flipkart, Big Bazaar, and many more.


Rewards and Benefits

Movie & Dining

Buy 1 Get 1 on movie ticket bookings on movie bookings with BookMyShow.

Rewards Rate

1.5 reward points on every Rs 100 spent on weekdays and 2 reward points on every Rs 100 spent on weekends.

Reward Redemption

1 Reward Point = Rs 1 for redemption against cash credit & 1 RP = 1 InterMile / 1 CV Point for redemption against the same.

Travel

You get Complimentary Domestic lounge access with this AMEX card and a complimentary priority pass membership.

Domestic Lounge Access

8 Complimentary domestic lounge access every year using this credit card.

International Lounge Access

NA

Golf

1 complimentary golf game and 1 golf lesson every quarter.

Insurance Benefits

Personal Air Accident cover worth Rs. 25 lakhs


Fees & Charges

Spend-Based Waiver

NA

Rewards Redemption Fee

Rs. 100 per redemption request.

Foreign Currency Markup

3.5% on all international transactions

Interest Rates

3.83% per month ( 46% per annum)

Fuel Surcharge

1% fuel surcharge waiver on transactions at all fuel stations across India.

Cash Advance Charges

2.5% on withdrawal amount subject to a minimum charge of Rs 300


Product Details
  • Get exclusive hotel and shopping gift vouchers as a welcome benefit
  • Buy 1 Get 1 on movie ticket bookings on movie bookings with BookMyShow and Sathyam Cinema
  • 1.5 RP on every Rs. 100 spent on weekdays & 2 RP on every Rs 100 spent on weekends.
  • Access to leading domestic airport lounges.
  • Complimentary Priority Pass Membership.
  • Complimentary golf games and lessons hosted at various locations.
  • 24×7 Concierge service and Auto Assistance
  • 1% fuel surcharge waiver on transactions at all fuel stations across India.
  • Personal Air Accident cover worth Rs. 25 lakhs



Welcome Benefits

  • As a welcome gift, this credit card comes with exclusive Montblanc e-gift vouchers. The vouchers are valid for up to six months and can be used at 12 stores in six cities in India.
  • You also get a Luxe Gift card worth Rs. 5,000 redeemable across 30 luxury brands and stores.
  • Along with it, you get provided with a complimentary Postcard hotel voucher using this card.
  • Additionally, you get a wide range of exclusive vouchers such as Amazon, Flipkart, Big Bazaar, Zee5, Apollo Pharmacy, Biba online, Ola Cabs, Uber, BATA, Vero Moda, Aldo, William Penn, Titan, Pantaloons, Hidesign, Woodland, United Colors of Benetton, Charles & Keith, Louis Phillippe, Hush Puppies, Urban Ladder.

IndusInd Bank Iconia Amex Credit Card Rewards

With your IndusInd Iconia Amex credit card, reward points get accrued on your domestic as well as international spendings.

  • 1.5 Reward Points on every Rs. 100 spent on weekdays
  • 2 Reward Points on every Rs. 100 spent on weekends

Weekend spending can be classified in the transactions made on Saturdays and Sundays of the offer period using this credit card. Weekday spend can be classified in the transactions made on any day between Monday to Friday.

How to Redeem Reward Points?

The rewards points accumulated can be redeemed against multiple redemption options such as Airmiles, cash credit, and IndusMoments.

Redemption Methods AirMiles
100 RP = 100 AirMiles
Cash Credit
1 RP = ₹ 1 Cash Value
Indus Moments
You can redeem your Reward Point Accumulated at Indus Moments Reward Portal for special gifts/vouchers

You will need a minimum of 500 reward points to redeem against Cash credit and Airmiles.

BOGO on Ticket Bookings with BookMyShow

You get a Buy 1 Get 1 on movie ticket bookings on movie bookings with BookMyShow. You can get up to 1 free ticket every month. The cost of the complimentary ticket can go up to Rs 200. In cases where the cost of the ticket is more than Rs 200, the customer shall pay the differential amount.

Travel Benefits

  • You get 2 complimentary domestic lounge access every quarter.
  • You get complimentary Priority Pass membership. Every lounge visit using the Priority Pass will be charged at USD 27 per person per visit.

Golf Benefits

  • You get 1 complimentary golf game every quarter.
  • You get 1 complimentary golf lesson every quarter.

Conclusion

IndusInd Iconia Amex credit card provides you with a host of benefits and privileges across various streams. You get multiple benefits on this card in the form of welcome gifts, entertainment, travel, and lifestyle benefits at a nominal one-time fee of Rs. 3,500. You can more reward points on your purchase using this card when compared to the Indusind Iconia Visa credit card variant. Moreover, you are provided with a decent reward rate and multiple redemption options. You get a reward rate of Re. 1, which is great considering the redemption option provided on this card.  The exclusive travel and lifestyle benefits, including priority pass membership and BOGO offer on movies, are among the most attractive features of the card.

FAQs:

What is minimum threshold limit for redeeming reward point for AirMiles?

The minimum threshold limit for redeeming reward points for AirMiles is 500 reward points.

Is there any renewal fee charged on this credit card?

No, there is no renewal fee charged on this credit card

Do I get a spend based waiver on joining fee with this card?

No, you do not get any spend-based waiver on the joining fee with this credit card.

What is the capped limit of the tickets booked with BookMyShow?

Tickets are capped at Rs 200 per ticket using your credit card on BookMyShow

What is interest rate charged on this credit card?

3.83% per month (46% per annum)

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