Best Way To Pay Credit Card Bills: More Information on IndusInd Exclusive Debit Cards

[seekndestroy99]

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:

• 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.

To get the additional debit cards, drop a mail to exclusive@indusind.com if you are an Exclusive Account Holder.

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.

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.

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.

 

[Hemang]

Anyone else have trouble redeeming points from the last few weeks?

Nahi. I redeemed last week only. No issues.

 

[PANK]

I try to redeem my indus DC point today
But after entering otp an sms received

Sorry! We unable to process your Fund Transfer request currently. Visit your branch or call 18602677777 for assistance - IndusInd Bank

But after that I can't see my redeemed points in dc

Or any cashback in Ac

 

[PANK]

I try to redeem my indus DC point today
But after entering otp an sms received

Sorry! We unable to process your Fund Transfer request currently. Visit your branch or call 18602677777 for assistance - IndusInd Bank

But after that I can't my redeemed points in dc

Or any cashback in Ac

Kindly share how to resolve this issue

 

[nik007rock]

Kindly share how to resolve this issue

Yes same thing happened with me points deducted but cashback not credited no point in raising it indus takes long time to respond

 

[PANK]

Yes same thing happened with me points deducted but cashback not credited no point in raising it indus takes long time to respond

On which date you faced this issue

 

[nik007rock]

On which date you faced this issue

3-4 days ago now i wont redeem until next month hopefully it resolves on its own

 

[PANK]

3-4 days ago now i wont redeem until next month hopefully it resolves on its own

Let me know if you get lost reward points back to dc or Ac

 

[SKMA]

Guys,

New to indusind banking, got select account with World debit card.

I have 2 queries
1. How many days it will take to get reward points - I made a payment on Dec 23, 26, 27 via SBI Unipay of around 30K but still no reward points yet.
2. Once we get reward where we can redeem, when I try it is taking me to indusmoments.com and choose debit card -> not sure which debit card option need to select MC Titanium, MA World, MC Platinum I tried to login for this but cannot able to login and all other options are related to Visa.

 

[Anupam222001]

Guys , to which number you are able to connect with cc executive, I am calling on 02244066666 but their is no option to connect with any person. I got visa signature with my select account upgrade and want to apply master world.

 

[mojo_jojo123]

Indusind consider the points credit month for 3000 reward point limit, irrespective of transaction date , for example let say if someone did transaction on 26 dec and for that points are credited on 2nd or 3rd jan , this will be counted in jan quota ..Isn't it wrong ? I lost my 2 months quota now 🙁

 

[PANK]

3-4 days ago now i wont redeem until next month hopefully it resolves on its own

Any update you got

 

[krishg]

Once we get reward where we can redeem, when I try it is taking me to indusmoments.com and choose debit card -> not sure which debit card option need to select MC Titanium, MA World, MC Platinum I tried to login for this but cannot able to login and all other options are related to Visa.

IndusMoment won't work. Only way to redeem is netbanking -> go to debit card section -> there is redeem option.

 

[PANK]

IndusMoment won't work. Only way to redeem is netbanking -> go to debit card section -> there is redeem option.

Please share where debit card option is available in NetBanking

 

[krishg]

Please share where debit card option is available in NetBanking

Login to net banking.

Open debit cards > Redeem reward points > Select account and card > Choose cashback and submit.

Thread 'Redeem IndusInd Debit Card Points in Cash [DETAILED POST]'

Jun 27, 2024

Hi TFCers,

There is hardly any post or resource available on TFC, YT, Google specifying how to redeem Indusind Debit card points in cash.
Most of these points we usually earn by paying credit card bill of other banks using Indusind Debit Select/Partner Exclusive debit cards.
Indusind portal is confusing and I myself have faced issues navigating the website while trying to redeem these points.

NOTE: No reward redemption fees is charged for points to cash redemption like other banks. Also, maximum of 5K points can be redeemed in one shot. You can repeat multiple redemptions of 5K...

• codenerd
• cc billpay indusind indusind account reward redeemtion
• Replies: 50
• Forum: Bank Account

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[simplewarrior]

Any update you got

Was this resolved for you guys, I faced same problem. Mailed Indusind nodal few days back but no response from them yet.