IndusInd Bank Legend Credit Card

· ₹5,00,000 a year ₹1,500 of value

Best for: Existing holders and IndusInd customers happy to pay once for a rewards card with no renewal fee, Weekend spender who benefits from the 2 RP/₹100 weekend rate, Long-term holder, since the cost is front-loaded and never repeats, Regular BookMyShow user who values the buy-one-get-one movie benefit

Premium tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Other ( 0.71% back).

• No annual fee at all — the ₹5,000 is a one-time joining charge, with nothing to pay on renewal
• 2 reward points per ₹100 on weekends (1 per ₹100 on weekdays), with points that never expire
• 3,000-point bonus at ₹5 lakh of annual spend
• BookMyShow buy-one-get-one free (up to ₹200 off the second ticket)

• IndusInd has smaller branch network than HDFC or ICICI — not ideal if you need in-person banking support
• Reward redemption catalogue less extensive than legacy bank portals
• The travel draws are gone — lounge access was discontinued March 2025, forex is now 1.8%, and InterMiles redemption ended
• From 15 June 2026 a 1% fee plus GST applies to fuel spends above ₹30,000 in a billing cycle and to non-air transport spends above ₹40,000, and rent paid through third-party merchants carries 1% plus GST on every transaction
• Dynamic currency conversion doubled to 2% plus GST on 15 June 2026, charged on top of the 1.8% forex markup when an overseas merchant bills you in rupees
• Redeeming points for cash credit costs ₹149 plus GST, and any other redemption costs ₹100
• A one-time ₹5,000 joining fee is a real entry cost for a card whose travel perks have been removed, and IndusInd's hub still badges the Legend "Lifetime Free" while its Schedule of Charges does not

Ways to convert what you earn into real value.

🎁 IndusMoments catalogue — vouchers, merchandise and travel bookings

🎁 Pay with Rewards at partner merchants through twid

🎁 Transfer to Singapore Airlines KrisFlyer

🎁 Transfer to Air India Maharaja Points at 400 reward points = 100 Maharaja Points — minimum 500 reward points, in multiples of 100, capped at 25,000 reward points a calendar month

🎁 Cash credit at ₹0.50 a point — minimum 500 points, capped at 5,000 points a calendar month

🎁 Since 1 April 2025 a cash redemption can draw on no more than 50% of the reward-point balance and costs ₹149 plus GST (₹100 for non-cash redemptions)

Evaluating the Legend in its current form requires looking beyond its past reputation: while an upfront joining fee of ₹5,000 provides lifetime exemption from recurring annual fees, the core travel perks have been pared back—complimentary lounge access ended in March 2025, the forex markup stands at 1.8%, and InterMiles transfers have ceased. It serves well enough as an everyday card offering weekday and weekend reward tiers without recurring holding costs, but the legacy zero-forex travel product is gone. Prospective applicants should verify their specific joining fee terms during application, as the bank markets the card across different entry pricing structures.

Sources & verification

Fees, reward rates, and benefits for the IndusInd Bank Legend 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 16 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 2016 · 7 changes · last change Jun 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

▼ Fee Effective 15 Jun 2026

New fuel/transport surcharges and higher DCC fee

No fuel/transport surcharge; 1% + GST DCC → 1% + GST fuel >₹30k/cycle; 1% + GST transport >₹40k/cycle; DCC 2% + GST

Effective 15 June 2026 IndusInd added a 1% + GST fuel surcharge on cumulative fuel spends above ₹30,000 per statement cycle (Legend is a standard variant), a 1% + GST transport surcharge above ₹40,000 per cycle (air travel excluded), raised the DCC fee on INR-billed international transactions to 2% + GST for standard cards, and revised the late-payment grid.

Verification: CardAdvisor Research · Confidence: High

▼ 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 Observed 25 Mar 2025 · Effective 1 Apr 2025

Redemption fee raised; Pay-with-Rewards value cut

Redemption fee ₹100 + GST; no 50% balance cap → ₹149 + GST per cash redemption; twid 12.5% travel / 10% other from 2nd txn; 50%-of-balance cap

A portfolio-wide reward devaluation effective 1 April 2025 raised the cash-credit redemption fee to ₹149 + GST, added per-transaction twid 'Pay with Rewards' fees, cut the twid threshold from the 2nd transaction (15%→12.5% on travel, 10% on other categories), imposed a 50%-of-balance cash-redemption cap, pulled back points on delinquency, and ended bonus points on fractional spends. The official notice names the Legend explicitly in its capping illustration.

Verification: IndusInd Bank ↗ · Confidence: High

▼ Lounge Effective 7 Mar 2025

Complimentary airport lounge access discontinued

Complimentary domestic lounge + Priority Pass membership → No complimentary lounge (Priority Pass membership retained, pay per visit)

IndusInd withdrew complimentary airport lounge access from the Legend effective 7 March 2025, across both the Visa and Mastercard variants. Cardholders keep Priority Pass membership but pay per visit — gutting the card's flagship travel perk.

Verification: CardAdvisor Research · Confidence: High

▼ Transfer Effective 21 Jan 2025

InterMiles redemption route discontinued

Points → InterMiles → InterMiles route withdrawn

IndusInd discontinued converting reward points to InterMiles across its credit cards, including the Legend, effective 21 January 2025 — removing a long-standing airmiles redemption route.

Verification: CardAdvisor Research · Confidence: High

▼ Redemption Effective 1 Sept 2024

Cash redemption capped at 5,000 points/month

Uncapped cash redemption → Max 5,000 RP/calendar month (Legend)

Effective 1 September 2024 IndusInd capped reward-point redemption against cash credit at 5,000 points per calendar month on the Legend — the first hard ceiling on burning Legend points for statement credit.

Verification: IndusInd Bank ↗ · Confidence: High

◆ Launch Effective 2016

IndusInd Legend launched (Visa Signature premium card)

IndusInd launched the Legend as a Visa Signature premium card with no annual fee (a one-time joining fee waived against milestone spend), 1 reward point per ₹100 on weekdays and 2 per ₹100 on weekends, complimentary Priority Pass membership plus Visa Signature lounge visits, golf and concierge, and a 3.5% forex markup carrying an introductory 1.8% promo. The exact launch date is undocumented; a CardExpert review (last updated Oct 2018) captures the original terms.

Verification: CardAdvisor Research · Confidence: Reconstructed

↓ Show all 7 changes 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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Quick summary

Type Premium credit card

Reward rate 0.72%

Best for Existing holders and IndusInd customers happy to pay once for a rewards card with no renewal fee

Joining fee ₹5,000

Annual fee Free

Reviewed by

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

Last verified 16 Aug 2026

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