IndusInd Exclusive Account offers a free "IndusInd Exclusive Signature" Debit Card. Maximum cashback earned in a calendar month is ₹ 1050 statement credit at 0.93%.
Not many are aware that we can get 2 more debit cards issued for free in the same Exclusive Account, which would have their own separate cashback capping.
The variants are:
At ₹ 0.35 for a point for cash redemption, this amounts to a total of ₹ 1050 + ₹ 1050 + ₹ 700 = ₹ 2800 of cashback a month.
The cashback calculation could be a bit difficult to track and understand which is mentioned on this page:
www.indusind.com
Hence, I calculated this in Excel, which makes it a bit easier to understand and track. Just to clarify, you can do any transaction value through the card (no minimum value). It all gets added to the spends. Then, as per your total spends, the points would be calculated at the end of the month. The debit points reflecting in your account would keep on changing in real time though.
If there are any discrepancies or corrections, please let me know.
Not many are aware that we can get 2 more debit cards issued for free in the same Exclusive Account, which would have their own separate cashback capping.
The variants are:
- Mastercard World Embossed
- Visa Platinum
As per https://www.indusind.com/in/en/personal/Indus-Rewards-program.html, the Maximum Reward Point which can be earned in Mastercard World is 3000 (same as Exclusive Signature), but Platinum is 2000.
At ₹ 0.35 for a point for cash redemption, this amounts to a total of ₹ 1050 + ₹ 1050 + ₹ 700 = ₹ 2800 of cashback a month.
The cashback calculation could be a bit difficult to track and understand which is mentioned on this page:
Indus Rewards Debit Card Program - IndusInd Bank
Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.
Hence, I calculated this in Excel, which makes it a bit easier to understand and track. Just to clarify, you can do any transaction value through the card (no minimum value). It all gets added to the spends. Then, as per your total spends, the points would be calculated at the end of the month. The debit points reflecting in your account would keep on changing in real time though.
| Cumulative Amount | Points | Cumulative | Value of Points | Cumulative | Percent Savings per block | Cumulative % Savings |
| 5000 | 50 | 50 | 17.5 | 17.5 | 0.35 | 0.35 |
| 10000 | 75 | 125 | 26.25 | 43.75 | 0.53 | 0.44 |
| 20000 | 200 | 325 | 70 | 113.75 | 0.70 | 0.57 |
| 30000 | 250 | 575 | 87.5 | 201.25 | 0.88 | 0.67 |
| 40000 | 250 | 825 | 87.5 | 288.75 | 0.88 | 0.72 |
| 50000 | 300 | 1125 | 105 | 393.75 | 1.05 | 0.79 |
| 60000 | 300 | 1425 | 105 | 498.75 | 1.05 | 0.83 |
| 70000 | 300 | 1725 | 105 | 603.75 | 1.05 | 0.86 |
| 80000 | 300 | 2025 | 105 | 708.75 | 1.05 | 0.89 |
| 90000 | 300 | 2325 | 105 | 813.75 | 1.05 | 0.90 |
| 100000 | 300 | 2625 | 105 | 918.75 | 1.05 | 0.92 |
| 112500 | 375 | 3000 | 131.25 | 1050 | 1.05 | 0.93 |
| TOTAL | 3000 | 1050 |
If there are any discrepancies or corrections, please let me know.
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