IndusInd Platinum Master
1.5 points per ₹150 eligible spend, ₹0.40/point cash credit.
Try your spend →How this estimate works
The issuer lists 1.5 reward points per eligible ₹150, and 1 point is ₹0.40 when credited against a card bill. Cash redemption is limited to 2,500 points per calendar month. The current MITC lists nil joining and annual card fees for Platinum, but actual offer fees are conveyed at application. It also charges ₹149 for each cash redemption from April 2025; the model estimates 18% GST on that fee. It counts the fewest redemptions needed at 2,500 points each over the year, with a 500-point minimum redemption threshold based on the issuer Platinum redemption terms; points above the monthly cap cannot be valued. Annual earning is estimated as 12 identical months; actual transaction-level rounding and statement-cycle timing may differ. Only broad eligible retail is modeled. Fuel, HPCL, BPCL, utilities, Tata and auto spend, travel with uncertain merchant code, and charges above issuer threshold are conservatively zero. Fuel surcharge waivers, other perks, points used for vouchers/air miles, and threshold-based transaction fees are excluded. Fee and eligibility should be checked in the final offer before applying.
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Fees and charges
Checked 28 Sep 2026. Terms can change.
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