Best Way To Pay Credit Card Bills: More Information on IndusInd Exclusive Debit Cards

[seekndestroy99]

IndusInd Exclusive Account offers a free "IndusInd Exclusive Signature" Debit Card. Maximum cashback earned in a calendar month is ₹ 1050 statement credit at 0.93%.
Not many are aware that we can get 2 more debit cards issued for free in the same Exclusive Account, which would have their own separate cashback capping.

The variants are:

• Mastercard World Embossed
• Visa Platinum
  As per https://www.indusind.com/in/en/personal/Indus-Rewards-program.html, the Maximum Reward Point which can be earned in Mastercard World is 3000 (same as Exclusive Signature), but Platinum is 2000.

To get the additional debit cards, drop a mail to exclusive@indusind.com if you are an Exclusive Account Holder.

At ₹ 0.35 for a point for cash redemption, this amounts to a total of ₹ 1050 + ₹ 1050 + ₹ 700 = ₹ 2800 of cashback a month.



The cashback calculation could be a bit difficult to track and understand which is mentioned on this page:

Indus Rewards Debit Card Program - IndusInd Bank

Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.

www.indusind.com

Hence, I calculated this in Excel, which makes it a bit easier to understand and track. Just to clarify, you can do any transaction value through the card (no minimum value). It all gets added to the spends. Then, as per your total spends, the points would be calculated at the end of the month. The debit points reflecting in your account would keep on changing in real time though.

Cumulative Amount	Points	Cumulative	Value of Points	Cumulative	Percent Savings per block	Cumulative % Savings
5000	50	50	17.5	17.5	0.35	0.35
10000	75	125	26.25	43.75	0.53	0.44
20000	200	325	70	113.75	0.70	0.57
30000	250	575	87.5	201.25	0.88	0.67
40000	250	825	87.5	288.75	0.88	0.72
50000	300	1125	105	393.75	1.05	0.79
60000	300	1425	105	498.75	1.05	0.83
70000	300	1725	105	603.75	1.05	0.86
80000	300	2025	105	708.75	1.05	0.89
90000	300	2325	105	813.75	1.05	0.90
100000	300	2625	105	918.75	1.05	0.92
112500	375	3000	131.25	1050	1.05	0.93
TOTAL	3000		1050

If there are any discrepancies or corrections, please let me know.

 

[4uziaul]

IndusInd Exclusive Account offers a free "IndusInd Exclusive Signature" Debit Card. Maximum cashback earned in a calendar month is ₹ 1050 statement credit at 0.93%.
Not many are aware that we can get 2 more debit cards issued for free in the same Exclusive Account, which would have their own separate cashback capping.

The variants are:

• Mastercard World Embossed
• Visa Platinum
  As per https://www.indusind.com/in/en/personal/Indus-Rewards-program.html, the Maximum Reward Point which can be earned in Mastercard World is 3000 (same as Exclusive Signature), but Platinum is 2000.

At ₹ 0.35 for a point for cash redemption, this amounts to a total of ₹ 1050 + ₹ 1050 + ₹ 700 = ₹ 2800 of cashback a month.



The cashback calculation could be a bit difficult to track and understand which is mentioned on this page:

Indus Rewards Debit Card Program - IndusInd Bank

Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.

www.indusind.com

Hence, I calculated this in Excel, which makes it a bit easier to understand and track. Just to clarify, you can do any transaction value through the card (no minimum value). It all gets added to the spends. Then, as per your total spends, the points would be calculated at the end of the month. The debit points reflecting in your account would keep on changing in real time though.

Cumulative Amount	Points	Cumulative	Value of Points	Cumulative	Percent Savings per block	Cumulative % Savings
5000	50	50	17.5	17.5	0.35	0.35
10000	75	125	26.25	43.75	0.53	0.44
20000	200	325	70	113.75	0.70	0.57
30000	250	575	87.5	201.25	0.88	0.67
40000	250	825	87.5	288.75	0.88	0.72
50000	300	1125	105	393.75	1.05	0.79
60000	300	1425	105	498.75	1.05	0.83
70000	300	1725	105	603.75	1.05	0.86
80000	300	2025	105	708.75	1.05	0.89
90000	300	2325	105	813.75	1.05	0.90
100000	300	2625	105	918.75	1.05	0.92
112500	375	3000	131.25	1050	1.05	0.93
TOTAL	3000		1050

If there are any discrepancies or corrections, please let me know.

This has been quite extensively discussed here

Best Way to pay Credit Card Bill

Guys I am redacting this post as I have been asked by the bank for non disclosure as mentioned in TnCs else my account would be suspended. They had asked me to remove this as this violates the TnC related to not getting reward points for CC payments. Here is Indusind Account Referral...

www.technofino.in

 

[seekndestroy99]

This has been quite extensively discussed here

Best Way to pay Credit Card Bill

Guys I am redacting this post as I have been asked by the bank for non disclosure as mentioned in TnCs else my account would be suspended. They had asked me to remove this as this violates the TnC related to not getting reward points for CC payments. Here is Indusind Account Referral...

www.technofino.in

It doesn't mention how you can get the additional debit cards at no additional cost to increase the cashback capping. Hence, I posted the thread since more people get to know about it

 

[4uziaul]

It doesn't mention how you can get the additional debit cards at no additional cost to increase the cashback capping. Hence, I posted the thread since more people get to know about it

It's all there and have been discussed multiple times. 😁

 

[seekndestroy99]

It's all there and have been discussed multiple times. 😁

🫠

 

[lucifer]

I have 3 debit cards with exclusive indusind account currently.
1. Gold virtual card
2. Visa signature Exclusive
3. Master world Exclusive

Question: I can see an option to get visa platinum exclusive card as well in my account. Would it be issued to me as a 4th card if I apply for it?

 

[seekndestroy99]

I have 3 debit cards with exclusive indusind account currently.
1. Gold virtual card
2. Visa signature Exclusive
3. Master world Exclusive

Question: I can see an option to get visa platinum exclusive card as well in my account. Would it be issued to me as a 4th card if I apply for it?

Where do you see an option, can you post a screenshot?

 

[4uziaul]

I have 3 debit cards with exclusive indusind account currently.
1. Gold virtual card
2. Visa signature Exclusive
3. Master world Exclusive

Question: I can see an option to get visa platinum exclusive card as well in my account. Would it be issued to me as a 4th card if I apply for it?

You can try no harm in trying at worst it will be rejected. Do let us know what happens.

One more thing make sure it isn't being offered to you as an upgrade.

 

[lucifer]

You can try no harm in trying at worst it will be rejected. Do let us know what happens.

One more thing make sure it isn't being offered to you as an upgrade.

Thats the concern i have, it would upgrade my existing card

 

[lucifer]

Where do you see an option, can you post a screenshot?

Menu>Apply>Debit card

 

[4uziaul]

Thats the concern i have, it would upgrade my existing card

Upgrade against which card?

 

[lucifer]

Upgrade against which card?

thats what i want to know. Will it be issue new or it would automatically upgrage/degrade the existing card instead of issuing 4th card

 

[4uziaul]

thats what i want to know. Will it be issue new or it would automatically upgrage/degrade the existing card instead of issuing 4th card

I just checked it's another card not an upgrade. Apply and let us know if you receive it.

 

[seekndestroy99]

I have 3 debit cards with exclusive indusind account currently.
1. Gold virtual card
2. Visa signature Exclusive
3. Master world Exclusive

Question: I can see an option to get visa platinum exclusive card as well in my account. Would it be issued to me as a 4th card if I apply for it?

1. Does Gold Virtual Card fetch any reward points?
2. What is the display name of Master World Exclusive DC in your account, does it show as "WORLD MC EMBOSSED"? (Like in the screenshot I posted)

 

[4uziaul]

1. Does Gold Virtual Card fetch any reward points?
2. What is the display name of Master World Exclusive DC in your account, does it show as "WORLD MC EMBOSSED"? (Like in the screenshot I posted)

Virtual card doesn't fetch any reward points.

 

[seekndestroy99]

In Menu>Apply>Debit card, I can see "Signature Exclusive" and "Platinum Exclusive" options, but I already have "Signature Exclusive". Does it show for you as well? @4uziaul @lucifer

 

[4uziaul]

In Menu>Apply>Debit card, I can see "Signaure Exclusive" and "Platinum Exclusive" options, but I already have "Signaure Exclusive". Does it show for you as well? @4uziaul @lucifer

Yes, it does but you can only apply for Visa Platinum.

 

[seekndestroy99]

Yes, it does but you can only apply for Visa Platinum.

Ahh I see

 

[Salvo08]

Thanx for sharing. Didn't know that one can get additional DCs with the account.

 

[junaidbasha10]

IndusInd Exclusive Account offers a free "IndusInd Exclusive Signature" Debit Card. Maximum cashback earned in a calendar month is ₹ 1050 statement credit at 0.93%.
Not many are aware that we can get 2 more debit cards issued for free in the same Exclusive Account, which would have their own separate cashback capping.

The variants are:

• Mastercard World Embossed
• Visa Platinum
  As per https://www.indusind.com/in/en/personal/Indus-Rewards-program.html, the Maximum Reward Point which can be earned in Mastercard World is 3000 (same as Exclusive Signature), but Platinum is 2000.

To get the additional debit cards, drop a mail to exclusive@indusind.com if you are an Exclusive Account Holder.

At ₹ 0.35 for a point for cash redemption, this amounts to a total of ₹ 1050 + ₹ 1050 + ₹ 700 = ₹ 2800 of cashback a month.



The cashback calculation could be a bit difficult to track and understand which is mentioned on this page:

Indus Rewards Debit Card Program - IndusInd Bank

Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.

www.indusind.com

Hence, I calculated this in Excel, which makes it a bit easier to understand and track. Just to clarify, you can do any transaction value through the card (no minimum value). It all gets added to the spends. Then, as per your total spends, the points would be calculated at the end of the month. The debit points reflecting in your account would keep on changing in real time though.

Cumulative Amount	Points	Cumulative	Value of Points	Cumulative	Percent Savings per block	Cumulative % Savings
5000	50	50	17.5	17.5	0.35	0.35
10000	75	125	26.25	43.75	0.53	0.44
20000	200	325	70	113.75	0.70	0.57
30000	250	575	87.5	201.25	0.88	0.67
40000	250	825	87.5	288.75	0.88	0.72
50000	300	1125	105	393.75	1.05	0.79
60000	300	1425	105	498.75	1.05	0.83
70000	300	1725	105	603.75	1.05	0.86
80000	300	2025	105	708.75	1.05	0.89
90000	300	2325	105	813.75	1.05	0.90
100000	300	2625	105	918.75	1.05	0.92
112500	375	3000	131.25	1050	1.05	0.93
TOTAL	3000		1050

If there are any discrepancies or corrections, please let me know.

I just got my debit card and since it’s says cumulative I had one doubt suppose if I do one single transaction of 112500 will I get 3000 points or just 375 points ?