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?

 

[Çàrdøhôlïç]

Are you getting the OTP for redemption?

I had redeemed 500 points to cash last week. No issues faced.

 

[an0nym0us]

Last week it was fine. Now the indie netbanking is useless like indie app, takes me to indus moments site, where firstly it asks for details and otp again, and no option for cashback.

 

[Çàrdøhôlïç]

Last week it was fine. Now the indie netbanking is useless like indie app, takes me to indus moments site, where firstly it asks for details and otp again, and no option for cashback.

Everyone getting indie NetBanking now ? For me indusnet changed to Indie NetBanking

Is this trick also patched?

 

[Strange]

Everyone getting indie NetBanking now ? For me indusnet changed to Indie NetBanking

Is this trick also patched?

@Gau₹av can you confirm?

 

[an0nym0us]

Everyone getting indie NetBanking now ? For me indusnet changed to Indie NetBanking

Is this trick also patched?

Seems like it

I emailed exclusive@indusind.com let's see what they say

 

[Gau₹av]

@Gau₹av can you confirm?

Yes more people reported to me that they are getting redirected to Indie netbanking. For me, for now, the good old more functional Netbanking is still alive. They are going to lose a lot of customers with this idiotic move to lesser functionality

 

[SureShot]

Everyone getting indie NetBanking now ? For me indusnet changed to Indie NetBanking

Is this trick also patched?

Yes, exclusive account is going to indie netbanking as soon as i enter username whereas the delights acc still goes to indusnet. Not sure when they migrate that also!

 

[Çàrdøhôlïç]

Yes, exclusive account is going to indie netbanking as soon as i enter username whereas the delights acc still goes to indusnet. Not sure when they migrate that also!

I have delights account, mine is migrated. Hope they introduce cash redemption on that moments website.

So you have delights and exclusive accounts on your name?

 

[SureShot]

I have delights account, mine is migrated. Hope they introduce cash redemption on that moments website.

So you have delights and exclusive accounts on your name?

exclusive & indie accs are mine, delite acc is my wife's.

 

[sarthaksarkar09]

Indusind select account also migrated to indie now ... no option to redeem indusind points for cash in either app or netbanking ... Any workaround for this ?

Ps: even for gift voucher redemption, there is a max capping of 50% (10 to 50% based on brands) use by points and for now only showing for indusind credit cards no option for debit card.

 

[Strange]

Indusind select account also migrated to indie now ... no option to redeem indusind points for cash in either app or netbanking ... Any workaround for this ?

Ps: even for gift voucher redemption, there is a max capping of 50% (10 to 50% based on brands) use by points and for now only showing for indusind credit cards no option for debit card.

@Gau₹av can you confirm?