IndusInd Bank Crest Credit Card

Best for: Invited high-net-worth customer who spends ₹5 lakh or more per quarter, Golfer who will use the 2 complimentary games and 2 lessons a month, International spender who values a low 1.8% forex markup

Super Premium tier — built for high spenders who want top-end perks.

Strongest value if you spend heavily on International ( 1.88% back).

Frequent travellers benefit from the included airport lounge access.

• Reward points redeem at roughly ₹0.75 each — a strong per-point value for IndusInd
• Discounted 1.8% forex markup — low for a super-premium card
• Golf — 2 complimentary games and 2 lessons a month on ₹25,000 of previous-statement spend
• LoungeKey membership with 2 domestic lounge visits a quarter plus international access

• Invite-only — you cannot apply directly; IndusInd extends it on internal criteria
• Domestic lounge access is gated behind ₹5 lakh of spend in the previous quarter from the July 2026 quarter; international access is not
• Base reward earning (1 point per ₹100 domestic) is modest for a ₹75,000-joining-fee card
• Fuel earns no reward points, and utility, insurance, government, education and rent spends earn a reduced 0.7 points per ₹100 instead of the headline rates
• Golf is conditional — each month's 2 games and 2 lessons need ₹25,000 of spend in the previous billing statement, and unused entitlement does not carry forward
• From 15 June 2026 a 1% + GST fuel surcharge applies above ₹50,000 of fuel spend per statement cycle, and 1% + GST on ground-transport spends above ₹40,000 per cycle
• Accepting dynamic currency conversion abroad (being billed in rupees) costs a further 1% + GST on top of the forex markup
• No welcome bonus to offset the steep joining fee

INDUSIND publishes no eligibility criteria for this card — no minimum income, no age band, no credit-score floor, and no document checklist. That is not an oversight on our part: the card is issued strictly by invitation, there is no public application form, and so there is nothing to qualify for in the usual sense. Any specific salary figure you see quoted for it elsewhere has been inferred by a third party, not stated by the bank.

What actually decides an invitation is the relationship behind it — balances held with the bank, spend on an existing card, and the banking segment you sit in. We set those signals out in how to get an invitation above, labelled for what they are: observed patterns, not published criteria.

Ways to convert what you earn into real value.

🎁 Cash credit at roughly ₹0.75/point (min 500 points, ₹149 + GST redemption fee, maximum 10,000 points per calendar month, and no more than 50% of your points balance per redemption since 1 April 2025)

🎁 Air miles conversion with partner airline programmes

🎁 Online rewards catalogue — vouchers and merchandise

The IndusInd Crest functions primarily as an exclusive relationship card rather than an aggressive point accumulator. Its competitive ₹0.75-per-point valuation, reduced 1.8% forex markup, and monthly golf privileges provide tangible benefits for high-net-worth clients, though the modest baseline earn rate and steep ₹5 lakh quarterly spend hurdle for domestic lounge visits temper its appeal. For invited cardholders who comfortably meet the ₹10 lakh annual spend mark, it delivers a well-rounded luxury proposition, but it does not justify pursuit purely on reward returns.

Sources & verification

Fees, reward rates, and benefits for the IndusInd Bank Crest Credit Card are taken from IndusInd Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 6 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for IndusInd Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2025 · 4 changes · last change Jun 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

▼ Fee Effective 15 Jun 2026

New transport surcharge; late-payment grid raised

No transport surcharge; lower late-payment grid → 1% + GST on transport above ₹40,000/cycle; steeper late-payment slabs

Effective 15 June 2026 IndusInd added a 1% + GST surcharge on cumulative transport spends (MCCs 4111, 4112, 4784, 4131 — air travel excluded) above ₹40,000 per statement cycle, and raised several late-payment slabs (₹501–1,000 from ₹350 to ₹500; ₹10,001–25,000 from ₹800 to ₹900). Both bite on the Crest: IndusInd waives the transport surcharge and late-payment charges only on the Pioneer Private, Pioneer Heritage and Indus Solitaire. As a premium card the Crest kept its higher ₹50,000 fuel-surcharge threshold and its 1% DCC fee, so the harsher ₹30,000 fuel threshold and 2% DCC that hit standard variants did not reach it.

Verification: IndusInd Bank ↗ · Confidence: High

▼ Benefit Effective 10 Mar 2026

Complimentary golf halved to 2 games and 2 lessons a month

4 games and 4 lessons a month → 2 games and 2 lessons a month

IndusInd revised golf entitlements across its portfolio from 10 March 2026, cutting the Crest to 2 complimentary games and 2 lessons a month — half the 4-a-month allowance the card press recorded in March 2025, and well short of the "36 rounds a year" the card was sold on. Golf is the Crest's signature perk, so this is the single largest reduction in its proposition. Note IndusInd's own Crest golf microsite still advertised 3 games and 3 lessons a month when checked in July 2026, so the bank's published material is stale rather than confirmatory — hence research-tier provenance.

Verification: CardAdvisor Research · Confidence: Reconstructed

▼ Benefit Effective 21 Dec 2025

Complimentary air-accident insurance withdrawn

Complimentary air-accident cover provided with the card → No air-accident cover

On 21 December 2025 IndusInd discontinued the complimentary air-accident insurance feature across its credit cards, stating simply that the coverage "stands discontinued". The bank published no replacement and named no exempt card. Note that several IndusInd product pages still described the cover months afterwards — the Avios, Duo, Pioneer Private and Platinum pages all still advertised it in August 2026 — so a reader may encounter the old wording on IndusInd's own site; the dated withdrawal notice is the operative statement. Other insurance benefits are unaffected: lost-card liability, Total Protect fraud cover, travel insurance and purchase protection continue where the card carried them.

Verification: IndusInd Bank ↗ · Confidence: High

▼ Redemption Effective 1 Apr 2025

Cash redemption fee raised to ₹149 and capped at 50% of balance

Lower redemption fee; full balance redeemable → ₹149 + GST per cash redemption; max 50% of balance

IndusInd's portfolio-wide reward-redemption revision took effect on 1 April 2025. Redeeming points against cash credit on IndusMoments now costs ₹149 + GST, and a customer may redeem only 50% of their total points balance against cash credit (applied alongside the product-level monthly cap). The same revision pulls back points earned on unpaid spends where the minimum amount due is missed, ends points on fractional spends above the base multiplier, and cuts the twid 'Pay with Rewards' threshold from the 2nd transaction (15% to 12.5% on travel, 10% elsewhere). The Crest is not on IndusInd's exempt list for the redemption fee, so it bites — and it bites harder here, because the Crest's ₹0.75 point value makes cash redemption the benchmark use.

Verification: IndusInd Bank ↗ · Confidence: High

Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.

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Source: IndusInd Bank Crest Credit Card value timeline — CardAdvisor

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Quick summary

Type Super Premium credit card

Reward rate 0.75%–1.88%

Best for Invited high-net-worth customer who spends ₹5 lakh or more per quarter

Joining fee ₹75,000

Annual fee ₹10,000

Reviewed by

Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade

Last verified 6 Aug 2026

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