Editor’s note: This is a recurring post, regularly updated with new information and offers. Last Updated 31st Dec 2023.
IndusInd Bank has recently launched a card named Solitaire Credit Card in metal form factor loaded with some luxury travel benefits. This card is loaded with a good number of lounge access for both domestic and international airports plus this also gives access to memberships of two of the luxurious hotel chains in India.
Let’s check the benefits of this card and see whether it justifies its fees or not.
Contents
Charges and Welcome Benefits
| Joining Fees | ₹30000 + GST |
| Welcome Benefits | 1) Spend ₹1 lakh in the first 30 days from the card issuance date and earn 5000 Bonus Reward Points 2) Complimentary TAJ Epicure Membership for the first year. 3) EazyDiner Prime for the first year. 4) Club ITC Culinaire Membership is renewed every year. |
| Annual Fees | ₹10000 + GST |
| Annual Benefits | Club ITC Culinaire Membership is renewed every year. |
| Annual Fee Waiver | Waived off on ₹10L annual spending. |
| Add-on Fees | NIL |
| Card Category | Reward Points |
IndusInd bank has kept this card in a very high price range but without any tangible joining benefits this card lacks a punch. Even for renewal fees paid, there is no value back.
Reward Rate
| Spends Area | Reward Rate |
| All Spends* | 1 Reward Point per ₹100 |
- *Reward points earned on transactions done at select MCC categories such as utility bill payments, insurance premiums, government services, Educational Institutes, Real Estate and rental payments will be 0.70 Reward Points for every Rs 100 spent
- Fuel transactions will not accrue any reward points
Reward Redemption
| Spends Area | Airmiles | Cash |
| All Spends* | 0.80% | 0.50% |
- Convert your Reward Points to Airmiles with our Airline Partners in the ratio of 5 Reward Points = 4 Air Miles (Options: Club Vistara & Intermiles)
- Get Cash Credit in the ratio of 1 Reward Point = ₹0.50
Other Benefits
Airport Lounge Access
Domestic Airport Lounge Access
Complimentary Limit – 4 Visits/ Calendar quarter within India only for primary cardholders.
Access Via – Credit Card
International Airport Lounge Access
Complimentary Limit – 4 Visits/ Calendar quarter outside India only for primary cardholders.
Access Via – Credit Card
Network – LoungeKey
Memberships
Taj Epicure
Experience the luxury of a complimentary Taj Epicure Preferred Membership for one year which comes with:
Night Stay: Get one voucher for 1 Night Stay with breakfast for two persons
Upgrade Vouchers: 2 Vouchers for a one-level room upgrade for one night reserved directly at the Best Available Rate
Set Meals: Get two vouchers at All Day Dining Restaurants for two people
Complimentary Spa Treatments: Complimentary one-time 60-minute spa treatment and access to sauna and steam for one person
Year-round discounts: Get up to 25% discount on your stay, dine-in, takeaway and Spa treatments
More details about Taj Epicure Preferred Membership are here.
EazyDiner Prime
- EazyDiner Prime Membership for One Year
- Guaranteed 25% and up to 50% discount at over 2000 best restaurants in India and Dubai
- Exclusive 1+1 deals on buffets at hotels
- 2X (double) EazyPoints every time you eat out, redeemable for free meals, free 5-star hotel stays & exclusive foodie events
- Joining Bonus of 2000 EazyPoints
Club ITC Culinaire
- Welcome pack of vouchers.
- Earn Green Points @ 25% on all eligible Food and beverage spends at ITC Hotels & WelcomHotels
- Enjoy savings of 20% while dining at Fortune and WelcomHeritage Hotels
- Receive 1,000 bonus Green Points* on every accumulated spend of ₹ 25,000 on Food & Beverage
- Read more about CLUB ITC Culinaire here.
Golf Benefits
- 12 rounds of complimentary green fees for a year, not exceeding 3 rounds of complimentary green fees in a calendar quarter
- 4 complimentary green fee access for guests, not exceeding 1 complimentary guest green fee in a calendar quarter
- 12 complimentary golf lessons every year, not exceeding 3 lessons in a calendar quarter
Fuel Surcharge Waiver
1% waiver for transactions between ₹400 to ₹4000. Maximum surcharge waiver of ₹500 per statement cycle.
Forex Markup
Zero Forex Markup charges are applicable on international transactions.
TechnoFino Recommends
At the time of joining, you are getting more than enough benefits to offset the joining fees, but this card seriously lags in terms of the reward system. I mean, look at its value-back percentage; it’s lower than any entry-level credit card. When you are paying a 30,000 joining fee and a 10,000 annual fee every year, then you should get enough value back to justify the fees, but this card offers nothing more than zero markup fees and a large number of complimentary lounge access.
If you are looking at the hotel memberships then there are better cards available if you want a Taj Epicure membership. Hence I would say that this card is not a value-for-money credit card. IndusInd should work more on bringing some good transfer partners like it tried to do with it’s IndusInd Bank Avios Credit Card.
Are you planning to get this card? Tell us in the comments below.
Chief Editor, TechnoFino.
Personal finance nerd! Physics enthusiast and trainer. When not into Physics, he is minting points and hunting for the next best credit card for himself.