CRED IndusInd Bank Rupay Credit Card

Below are the key highlights of the CRED IndusInd Bank credit card:

• 5% back on every ₹100 spent on all major shopping sites. A maximum of 5,000 points can be earned each month. 
• 5% back as CRED Points on every transaction of ₹100 done within CRED pay, CRED store and CRED travel.
• 5% back as CRED Points on every ₹100 CRED UPI payment on online checkouts.
• 1% back as CRED Points on every ₹100 spent on CRED UPI scan & pay. A maximum of 500 points can be earned each month.
• 1% back as CRED Points on every ₹100 spent on insurance and utility bills on CRED.
• 1% back as CRED Points on every ₹100 spent on all offline stores. 
• You can redeem your CRED points at 500+ CRED Pay merchants, shop from over 2,000 products on the CRED Store, or book flights (powered by Ixigo) and over 8,00,000 hotels (powered by Expedia). 
• 1 CRED Point = ₹1 for flight & hotel bookings via the CRED app, CRED store purchases, and transactions on select CRED Pay merchants.
• 1 CRED Point = ₹0.50 for credit card bill payments & utility bill payments through the CRED app.
• Accumulated CRED points will be valid for 24 months.
• Select merchant categories will not accrue any CRED Points. These categories include transactions done on Government Institutions, School & Education Services, Rent, Wallet Load, Jewellery, Fuel, and Quasi Cash/ Cash Withdrawal. 
• IndusInd Bank’s Total Protection Program safeguards you for an amount equal to your credit limit - whether your card is stolen or compromised online. It includes protection against unauthorised transactions if the card is lost or stolen and counterfeit fraud if your card details are duplicated and misused with fake plastic.
• The card comes with a zero joining fee and a 2-minute instant application process.
• Get 1% fuel surcharge waiver (maximum ₹300 in a billing cycle) across all fuel stations in India for all fuel transactions between ₹500 to ₹5,000 only.

CRED IndusInd Bank credit card comes with the following charges:

• Joining fee: Nil.
• Annual fee: ₹499 + GST. 
• Finance charges: 3.95% per month (47.40% p.a.).
• Foreign currency markup: 3.5%.
• Late payment charges: Up to ₹1,300, depending on the outstanding balance.
• Over limit charges: 2.5% of the over limit amount (minimum ₹500).
• Returned payments: ₹250.
• Cash advance charges: 2.5% of the advance amount (minimum ₹300).
• Balance enquiry charges on non-lnduslnd bank ATMs: ₹25.
• Cash payment fee at IndusInd bank branch: ₹100.
• Duplicate physical statement charges: ₹100 per statement (beyond the last 3 months). 
• Card reissuance/ replacement: ₹100.
• Charge-slip request: ₹300.
• Priority Pass usage fee: Up to US$35 per person per visit.
• Lounge key usage fee: Up to US$35 per person per visit.
• Reward redemption fee: ₹149 for cash redemption & ₹100 for all other category redemption. 
• Dynamic Currency Conversion: 1% markup fee + taxes on all transactions done in Indian currency at international locations/ merchants located in India but registered overseas. 
• Rent payments via third-party merchants: 1% + GST on each transaction. 
• Utility payment transactions: 1% + GST on the cumulative utility payment transactions above ₹25,000 in a statement cycle.
• Education payment transactions: 1% + GST on the cumulative education payment transactions done through third-party websites & applications of above ₹45,000 in a statement cycle.
• GST: At the current rate, as notified by the Ministry of Finance, Government of India.

To be eligible for the CRED IndusInd Bank RuPay Credit Card, you must fulfil the set of criteria mentioned below: 

• Age: Must be at least 18 years old. 
• Income: The actual income requirement for the card is not specified, but generally, the applicant is expected to have a regular, steady income source. 
• Employment status: Salaried or self-employed individuals can apply.

The following documents are required to apply for the CRED IndusInd Bank RuPay Credit Card:

• Identity proof: Such as a Passport, Aadhaar Card, Voter ID, or Driving License. 
• Address proof: Such as Utility Bills (Electricity/ Water/ Gas), Passport, Aadhaar Card, or Rental Agreement. 
• Income proof for salaried individuals: recent salary slips, Form 16, and Bank Statements from the last 3-6 months. 
• Income proof for self-employed individuals: Income Tax Returns of the past 2 years, Business Continuity Proof, or Profit & Loss Statements. 
• Other documents: A recent passport-sized photograph and PAN Card.

You can apply for the CRED IndusInd Bank Credit Card directly through the CRED app. 

• Download and open the app on your smartphone. 
• Log in to your CRED account and click the card section. 
• Look for the CRED IndusInd Bank RuPay credit card. 
• Complete the online application by providing your PAN, your Aadhaar-linked mobile number, and KYC details in the app. 
• Once your application is approved, you will receive a virtual card instantly. 
• You will receive the real card in a few days.