🚨 IndusInd Bank has RE-EVALUATED their Avios credit card! DRASTICALLY lower fees change the game completely. Read thread for details. #ccgeek #ccgeeks
1. MAJOR CHANGE: Fee structure SLASHED! Joining: ₹40K → ₹10K, Renewal: ₹10K → ₹5K
• Qatar variant: Now 20K welcome Avios (was 20K Avios + Gold tier)
Now 5K renewal Avios (was 5K + Gold tier with â‚ą3L Qatar spend)
• BA variant: Now 20K welcome Avios (was 55K Avios)
Now 5K renewal Avios (was 10K Avios)
2. The earning structure remains similar:
• 6 Avios per ₹200 at selected destinations (POS)
• 5 Avios per ₹200 on Qatar/BA websites
• 3 Avios per ₹200 on most other spends
• 1 Avios per ₹200 on utilities, education & govt payments
3. Who wins? Anyone who couldn't justify the previous ₹40K fee. The new card offers better cost-to-benefit ratio for most users, though frequent Qatar flyers might miss the automatic Gold tier benefit. BA cardholders get fewer welcome Avios but a much lower fee. 🔥
4. Doing the math: The effective reward rate can reach up to 3.75% on regular spends (including milestones).
For both New/existing customers can apply as Eligibility is.
For NTB - Card to card limit should be 2+
Salary should be 80k-90k+
Self business ITR 12 lakhs+
For existing user wants to upgrade - Indusind limit should be 1.50 lakhs+
1. MAJOR CHANGE: Fee structure SLASHED! Joining: ₹40K → ₹10K, Renewal: ₹10K → ₹5K
• Qatar variant: Now 20K welcome Avios (was 20K Avios + Gold tier)
Now 5K renewal Avios (was 5K + Gold tier with â‚ą3L Qatar spend)
• BA variant: Now 20K welcome Avios (was 55K Avios)
Now 5K renewal Avios (was 10K Avios)
2. The earning structure remains similar:
• 6 Avios per ₹200 at selected destinations (POS)
• 5 Avios per ₹200 on Qatar/BA websites
• 3 Avios per ₹200 on most other spends
• 1 Avios per ₹200 on utilities, education & govt payments
3. Who wins? Anyone who couldn't justify the previous ₹40K fee. The new card offers better cost-to-benefit ratio for most users, though frequent Qatar flyers might miss the automatic Gold tier benefit. BA cardholders get fewer welcome Avios but a much lower fee. 🔥
4. Doing the math: The effective reward rate can reach up to 3.75% on regular spends (including milestones).
For both New/existing customers can apply as Eligibility is.
For NTB - Card to card limit should be 2+
Salary should be 80k-90k+
Self business ITR 12 lakhs+
For existing user wants to upgrade - Indusind limit should be 1.50 lakhs+
