Redeem IndusInd Debit Card Points in Cash [DETAILED POST]

[codenerd]

Hi TFCers,

There is hardly any post or resource available on TFC, YT, Google specifying how to redeem Indusind Debit card points in cash.
Most of these points we usually earn by paying credit card bill of other banks using Indusind Debit Select/Partner Exclusive debit cards.
Indusind portal is confusing and I myself have faced issues navigating the website while trying to redeem these points.

NOTE: No reward redemption fees is charged for points to cash redemption like other banks. Also, maximum of 5K points can be redeemed in one shot. You can repeat multiple redemptions of 5K points in a single day without issue. Its tried and tested.

Step 1: Login to https://indusnet.indusind.com/


Step 2: On RHS click Manage Relationship --> Manage Debit Card --> Redeem Reward Points --> Select Debit Card & Acc No --> Click Reward Point Redemption radio button


Step 3: Select Cashback in Redemption option --> Enter the points you want to redeem(Max 5k points in single transaction)



Step 4: Enter OTP


Step 5: In couple of days you will get Rs. 1750 credited to your bank account


5K points =Rs.1750 (actual cashback!!!)
1 point = Rs. 0.35 (cash redemption)

Most of these points I have accumulated by paying my CC bills only earlier via Mobikwik and later via PayTm.
And yes we can all agree, IndusInd app is shitty but still better than other banks 😀

 

[Strange]

IndusMobile is pure crap. Website is the best for this.

Can you confirm if you can still redeem Indus debit card reward points through the IndusNet net banking?

 

[codenerd]

Can you confirm if you can still redeem Indus debit card reward points through the IndusNet net banking?

Yes you can

 

[Strange]

Yes you can

Some TF user mentioned that they aren't getting the OTP for redemption.

IndusInd has migrated my NetBanking to Indie NetBanking and there is no option redeem DC reward points as a cash.

I tried to redeem it through old Indus Mobile app and I am not getting the OTP.

I think they have disabled OTP/DC reward points redemption as a cash.

@Gau₹av

 

[codenerd]

Some TF user mentioned that they aren't getting the OTP for redemption.

IndusInd has migrated my NetBanking to Indie NetBanking and there is no option redeem DC reward points as a cash.

I tried to redeem it through old Indus Mobile app and I am not getting the OTP.

I think they have disabled OTP/DC reward points redemption as a cash.

@Gau₹av

I just checked. The option is on website not app

 

[Strange]

I just checked. The option is on website not app

Are you getting the OTP for redemption?