Indusind Legend Reward System

[codenerd]

Hi,
I recently got Indusind LEGEND CC LTF and was exploring its rewards structure.
Even though its LTF (I didnt pay even a single rupee as renewal and hence didn't get any joining benefits) but it still is very useful.

Its reward rate as I checked:
On weekdays - 1 RP/100 rs
On weekend - 2 RP/100 rs

This means on weekends it basically gives 1RP/50rs spent. This is same as AMEX Gold charge card/AMEX Smart Earn and other AMEX variants.
But the catch is that in case of AMEX, if we consider the worst redemption method - cash redemption of points, then we only get 0.25p/point whereas in case of IndusInd, on weekend spend u get 0.75p/point.

This means by spending 100rs, you get 0.50p return in AMEX for cash redemption
AND
by spending 100rs on IndusInd LEGEND, you get 2 RPs per 100rs which means 0.75p*2 = 1.5rs/100rs spent.

Basically 1.5% returns on legend on any offline/online spend on weekends. This according to me is a good rewards return as compared to amazon icici card which gives flat 1% CB on all online offline spends but not as good as Axis Ace's 2%return.

But again not everyone gets Axis ACE.

So in my opinion, the rewards structure of Indusind Legend, plus lounge offer plus the ability to keep Indusind Select account at 0MAB by linking Indusind Legend credit card to your savings account makes it a very good to have card.

Please share your views about this comparison if I am missing any card like SBI cashback card or anything.. I dont have much idea about that..

NOTE:
If you get this card as LTF, dont expect to get Priority Pass which means no International Lounge. You wont get any lucrative benefit which is mentioned on the website which you can only get if you pay the joining fees.
They do mention movie offers (BOGO) which you will actually get with LTF card also, but I personally was never able to use IndusInd's movie offers as they always are some weird quota based on BMS. I wonder if anyone ever was able to use movie offers from IndusInd Cards.

Legend Rewards Redemption T&C:

Terms and conditions: Signature Card Rewards Program - IndusInd Bank

Redeem your reward points on Signature Rewards Program at IndusInd Bank easily. Read all the terms & conditions carefully.

www.indusind.com

IMPORTANT:

Revision Indusind Bank Credit Card Rewards Program effective 1st August 2019

Earn credit card reward points everytime you spend on various merchant categories. Make the most of IndusInd Bank’s credit card rewards. Check Now!

www.indusind.com

Do check out airline transfer options also. Looks lucrative as compared to AMEX where

• 3 Amex MR Points = 1 Club Vistara Point (transfer ratio)

 

[Wealth is my birth right!]

Hi,
I recently got Indusind LEGEND CC LTF and was exploring its rewards structure.
Even though its LTF (I didnt pay even a single rupee as renewal and hence didnt get any joining benefits) but it still is very useful.

Its reward rate as i checked,
On weekdays - 1 RP/100 rs
On weekend - 2 RP/100 rs

This means on weekends it basically gives 1RP/50rs spent. This is same as AMEX Gold charge card/AMEX Smart Earn and other AMEX variants.
But the catch is that in case of AMEX, if we consider the worst redemption method - cash redemption of points, then we only get 0.25p/point whereas in case of indusind, on weekend spend u get 0.75p/point.

This means by spending 100rs, you get 0.50p return in AMEX for cash redemption
AND
by spending 100rs on Indusind LEGEND, you get 2 RPs per 100rs which means 0.75p*2 = 1.5rs/100rs spent.

Basically 1.5% returns on legend on any offline/online spend on weekends. This according to me is a good rewards return as compared to amazon icici card which gives flat 1% CB on all online offline spends but not as good as Axis Ace's 2%return.

But again not everyone gets Axis ACE.

So in my opinion, the rewards structure of Indusind Legend, plus lounge offer plus the ability to keep Indusind Exclusive account at 0MAB by linking Indusind Legend credit card to your savings account makes it a very good to have card.

Please share your views about this comparison if I am missing any card like SBI cashback card or anything.. I dont have much idea about that..

Ur post corrections:
Legend card gives select account not exclusive
Lounge not intl only domestic
Rest it’s a good post superb

 

[karankayastha]

Hi,
I recently got Indusind LEGEND CC LTF and was exploring its rewards structure.
Even though its LTF (I didnt pay even a single rupee as renewal and hence didnt get any joining benefits) but it still is very useful.

Its reward rate as i checked,
On weekdays - 1 RP/100 rs
On weekend - 2 RP/100 rs

This means on weekends it basically gives 1RP/50rs spent. This is same as AMEX Gold charge card/AMEX Smart Earn and other AMEX variants.
But the catch is that in case of AMEX, if we consider the worst redemption method - cash redemption of points, then we only get 0.25p/point whereas in case of indusind, on weekend spend u get 0.75p/point.

This means by spending 100rs, you get 0.50p return in AMEX for cash redemption
AND
by spending 100rs on Indusind LEGEND, you get 2 RPs per 100rs which means 0.75p*2 = 1.5rs/100rs spent.

Basically 1.5% returns on legend on any offline/online spend on weekends. This according to me is a good rewards return as compared to amazon icici card which gives flat 1% CB on all online offline spends but not as good as Axis Ace's 2%return.

But again not everyone gets Axis ACE.

So in my opinion, the rewards structure of Indusind Legend, plus lounge offer plus the ability to keep Indusind Exclusive account at 0MAB by linking Indusind Legend credit card to your savings account makes it a very good to have card.

Please share your views about this comparison if I am missing any card like SBI cashback card or anything.. I dont have much idea about that..

yes its reward rate is good on weekends & also it gives rp on wallet reloads

 

[mallepula143]

Ur post corrections:
Legend card gives select account not exclusive
Lounge not intl only domestic
Rest it’s a good post superb

How to get Indus Select account free with Legend credit card

 

[codenerd]

Ur post corrections:
Legend card gives select account not exclusive
Lounge not intl only domestic
Rest it’s a good post superb

Ur post corrections:
Legend card gives select account not exclusive
Lounge not intl only domestic
Rest it’s a good post superb

Youre right. By mistake I mentioned Exclusive, will correct it. Thanks a lot!
Also yes lounge is only domestic since its LTF.

 

[codenerd]

yes its reward rate is good on weekends & also it gives rp on wallet reloads

I think on their website they have mentioned no points on wallet reloads. But if you get it then great! So that means on weekends If i load wallet, I can get 1.5% return..

 

[TheMentalist]

yes its reward rate is good on weekends & also it gives rp on wallet reloads

Which wallet loads have you tried that has given you RP on Legend??

 

[Wealth is my birth right!]

How to get Indus Select account free with Legend credit card

Trust it helps

IndusInd bank Select Savings Account and Legend Credit Card

Hi. I received my Select Savings Account welcome kit today but I'm not able to link it with my legend credit card in mobile application. Please help. My 50000 is already stuck in select account and there is no way to take it out as I have to pay penalty as non maintenance charges. Please help 🥺

www.technofino.in

 

[COSMOCRAT]

So in my opinion, the rewards structure of Indusind Legend, plus lounge offer plus the ability to keep Indusind Select account at 0MAB by linking Indusind Legend credit card to your savings account makes it a very good to have card.

Will it automatically get converted after linking or do I need to do something more? I already have another zero-balance account with them.

 

[codenerd]

How to get Indus Select account free with Legend credit card

Theres a whole thread on the same on TCF

 

[CC-Muncher]

Ur post corrections:
Legend card gives select account not exclusive
Lounge not intl only domestic
Rest it’s a good post superb

bro, what is this signature link for? it is asking for money 😂

 

[Wealth is my birth right!]

bro, what is this signature link for? it is asking for money 😂

Just now I clicked its landing on Amex referral link directly
Can u share ss which asks u money pls

 

[CC-Muncher]

Just now I clicked its landing on Amex referral link directly
Can u share ss which asks u money pls

1st it shows this


then on clicking remove now:

 

[CC-Muncher]

try in incognito once to verify

 

[appworld]

1st it shows this


then on clicking remove now:

same for me too

 

[phagocyte536]

If 1.5% is supposed to be great, why not just have a Flipkart Axis card (many got it LTF). It has no caveats like weekend spending either

 

[appworld]

If 1.5% is supposed to be great, why not just have a Flipkart Axis card (many got it LTF). It has no caveats like weekend spending either

absolutely. Spot on!

 

[Prime Carlsen]

Your comparison with AMEX gold charge is true but slightly incomplete. I think people prefer AMEX for the milestone benefit bonus points and ease of achieving them.

Agreed that it is still a good card to keep for LTF.

 

[SunnyHarsha]

yes its reward rate is good on weekends & also it gives rp on wallet reloads

On which wallet bro..?

 

[karankayastha]

Which wallet loads have you tried that has given you RP on Legend??

Paytm via zomato