IndusInd Bank launches ePay Amex credit card

[vm999]

A new credit card launched by IndusInd Bank.

Rewards are very attractive. Typical Amex by asking us to make >10 transactions per month to avail the full benefits.
Needs to see what are the reward limits and annual fee.

Reward for early payment

Get 5% cashback annually every time on payment of total due amount within 7 days of statement generation.

Unique Transaction based Rewards Program​

Earn up to 10 Reward Points on each transaction with your completely digital ePay American Express® Credit Card

• 1st to 4th transaction in a statement cycle- Earn 4 Reward Points on each transaction
• 5th to 10th transaction in a statement cycle- Earn 8 Reward Points on each transaction
• Beyond the 10th transaction in a statement cycle- Earn 10 Reward Points on each transaction
• Minimum transaction value- Rs 500

Spend on your card every month and get double the reward points

When you keep your ePay Card active for 11 months, you will get 2X Reward Points on all your spends done in the 12th month within an anniversary year.

E.g. if your card issuance date is 1st January, be active on your card from January to November by making at least 1 transaction each month and on December you will get 2X Reward Points on all your spends.

• 1st to 4th transaction in a statement cycle- Earn 8 Reward Points on each transaction
• 5th to 10th transaction in a statement cycle- Earn 16 Reward Points on each transaction
• Beyond the 10th transaction in a statement cycle- Earn 20 Reward Points on each transaction

 

[tryabptryabp is verified member.]

https://pay.indusind.com/splitLimit/landing/epay_amex/v1

Try this link

UPDATE: Got card generated immediately.
thanks. i will try using this.

 

[altersane]

Please help! How to use this on Zomato.. Zomato asks for 4 digit CVV however the virtual card on indie only shows 3 digit CVV..

 

[tryabptryabp is verified member.]

Please help! How to use this on Zomato.. Zomato asks for 4 digit CVV however the virtual card on indie only shows 3 digit CVV..

in old indusind app it shows 4 digit cvv. must be issue with indie app.

 

[altersane]

in old indusind app it shows 4 digit cvv. must be issue with indie app.

Thanks will check in old app

 

[panchabhut]

Please help! How to use this on Zomato.. Zomato asks for 4 digit CVV however the virtual card on indie only shows 3 digit CVV..

try by adding a zero in front

 

[PavvanPavvan is verified member.]

@tryabp Please can someone explain the use of this card

 

[BeingIncogBeingIncog is verified member.]

@tryabp Please can someone explain the use of this card

Shitty card overall. Don't get it.

 

[sousnake]

@tryabp Please can someone explain the use of this card

you get 5% cashback if you pay bill within 7 days of statement generation.
100 rs discount on zomato once per month above 200.

 

[panchabhut]

@tryabp Please can someone explain the use of this card

discounts,
Zomato 100 on 200, once a mth
Instamart 150 on 700, once a mth, sat only
good only if you have a high limit on primary card, split 30K for this.

 

[Agkrishna]

only see offers on zomato which is anyway one time

 

[PavvanPavvan is verified member.]

you get 5% cashback if you pay bill within 7 days of statement generation.
100 rs discount on zomato once per month above 200.

discounts,
Zomato 100 on 200, once a mth
Instamart 150 on 700, once a mth, sat only
good only if you have a high limit on primary card, split 30K for this.

only see offers on zomato which is anyway one time

Thanks guys is this virtual only card? No physical vcard

 

[sousnake]

y e s

Thanks guys is this virtual only card? No physical vcard

 

[tryabptryabp is verified member.]

@tryabp Please can someone explain the use of this card

My purpose was to get split limit of 1 lac to upgrade it later to other higher variant card. As i already have Vistara, Eazydiner & Rupay card.
Offers doesn't justfiy getting this card.

 

[drvirag]

Anybody found the cap for 5% on early bill payment. Its gud card if we r getting unlimited.

 

[AlgoTrader]

Anybody found the cap for 5% on early bill payment. Its gud card if we r getting unlimited.

5% is in reality 0.25% , so be mindul of that

 

[sousnake]

5% is in reality 0.25% , so be mindul of that

Why so bro? What's the catch?

 

[AlgoTrader]

Why so bro? What's the catch?

read more about this 5% feature , you will know bro,

 

[AlgoTrader]

see whether this helps

• The 5% cashback on early bill payment is confusing. So, had a look at the MITC. It is actually something else when it comes to calculation.
  • If statement generated on 20 of the month for Rs 50,000 – 5% cashback would be calculated as below:
    5%/ 365 (daily cashback calculation) * 15 days (no. of interest free period days not used) = 0.21%