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Devaluation Notification of upcoming changes to IndusInd Debit Card Features and Benefits

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Abhishek012 said:
IndusRewards program will not be applicable.

1 RP = Rs 0.15 for all outstanding reward points

Iska matlab kya ? Effective from 1st November 2024, no reward points ?

Aur jo bacha kucha hai, already earned uska value 1 RP = Rs 0.15 ?
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Yes, for VISA GOld cards starting with that BIN. No more reward points, seems like this card discontinued.
 
Abhishek012 said:
IndusRewards program will not be applicable.

1 RP = Rs 0.15 for all outstanding reward points

Iska matlab kya ? Effective from 1st November 2024, no reward points ?

Aur jo bacha kucha hai, already earned uska value 1 RP = Rs 0.15 ?
Click to expand...
Iska matlab ek HDFC platinum debit card ka jugaad aur karna padega :hehe:
 
I opened the select bank account for 20% discount on BigBasket offer. We can use the offer twice by holding two debit cards visa and master. Now it gone, it's no more valuable for me. I will be downgrade the account. The devastation is so bad in both level, reduced the percentage and also maximum discount. Atleast they should have capped the max discount to 250 instead of 150. Now I can get discount of 10% on maximum bill amount of 1500/- which is too low compared to existing offers by other bank offers.
 
Short version:

On Visa Signature and Mastercard World cards on Exclusive/Select, Lounge access devalued from 2 per quarter to 1. Major devaluation on BigBasket discount (20% off upto Rs 500 per month -> 10% off upto Rs 150 per month) 🤡. BMS BOGO devalued from 3 per quarter to 2. For Visa Signature Exclusive, BMS Events/Theatre/Concerts discount removed (now only Movies). Only Pioneer and higher DCs now have BMS BOGO on Events as well.

On Visa Platinum on Exclusive/Select: Rewards program discontinued entirely and existing RPs devalued from 1 RP=0.35 to 0.15. Only BMS and lame BigBasket discount present. Visa Gold: Rewards program discontinued
 
sayantandas said:
I recently came across a message 9both sms and email - screenshots attached) from Indusind which stated "Dear Customer, the benefits and features on your IndusInd Bank Debit Card will be revised with effect from 01st November 2024. For details, pls visit https://indusind.com/debit-card-offer-changes.html - IndusInd Bank"
In my opinion, this is a very bad update from IndusInd and those affected should close their debit cards instead of paying such hefty annual maintenance charges (in my case it is 590 including gst) when there is an option of virtual card. I was unaware of the virtual card. Would be closing my debit card. Had kept it only as it offered many a great features like 20 percent off on Swiggy upto 600 rs, 10 percent off upto 150 on big basket which would e removed from 01st November. Sad 🙁
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That's very very bad move from lndusind bank side. Another banks may also follow this.
 
anonymuos said:
Short version:

On Visa Signature and Mastercard World cards on Exclusive/Select, Lounge access devalued from 2 per quarter to 1. Major devaluation on BigBasket discount (20% off upto Rs 500 per month -> 10% off upto Rs 150 per month) 🤡. BMS BOGO devalued from 3 per quarter to 2. For Visa Signature Exclusive, BMS Events/Theatre/Concerts discount removed (now only Movies). Only Pioneer and higher DCs now have BMS BOGO on Events as well.

On Visa Platinum on Exclusive/Select: Rewards program discontinued entirely and existing RPs devalued from 1 RP=0.35 to 0.15. Only BMS and lame BigBasket discount present. Visa Gold: Rewards program discontinued
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Nice summary. People have made 6-7 threads to copy paste the same table from website
 
vine said:
I asked a friend of mine, he has Grande account.
He said Grande World is different from normal Grande. Not sure if he knows stuff. Then I got confused
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that must be 'mastercard world' card comes with 'grande' account, in short bank may call it 'Grande world'.

Similarly for 'visa signature' card comes with 'exclusive' account, in short bank call it as 'signature exclusive' or 'world exclusive' for mastercard.

[Card network variant] [account variant name]
 
My Select signature card starts with 4053-4223 & platinum card starts with 4363-9323 which are not in exclusion list. Can I hope that they are not devalued??
 
Manju09 said:
My Select signature card starts with 4053-4223 & platinum card starts with 4363-9323 which are not in exclusion list. Can I hope that they are not devalued??
Click to expand...


VISA Signature Select Debit Cards starting with 40534223, 40534229
Mastercard World Select Debit Cards starting with 52789806		Swiggy20% off upto Rs 600 per month;
applicable thrice per month		10% off upto Rs 300 per month;
applicable thrice per month
Bigbasket20% off upto Rs 500 per month;
applicable once per month		10% off upto Rs 150 per month;
applicable once per month
BookMyShow3 FREE Movie tickets per quarter
(Max Discount = Rs 500 per ticket)		2 FREE Movie tickets per quarter
(Max Discount = Rs 500 per ticket)
Lounge2 complimentary domestic lounge access per quarter1 complimentary domestic lounge access per quarter
Reward PointsAs per IndusRewards program
1 RP = Rs 0.35		As per IndusRewards program
1 RP = Rs 0.35


VISA Platinum Select Debit Cards starting with 43639303, 43639304, 43639323, 43639324, 43639333, 43639334Swiggy20% off upto Rs 600 per month;
applicable thrice per month		10% off upto Rs 300 per month;
applicable thrice per month
Bigbasket10% off upto Rs 150 per month;
applicable once per month		10% off upto Rs 150 per month;
applicable once per month
BookMyShow3 FREE Movie tickets per quarter
(Max Discount = Rs 500 per ticket)		2 FREE Movie tickets per quarter
(Max Discount = Rs 500 per ticket)
LoungeN/AN/A
Reward PointsAs per IndusRewards program
1 RP = Rs 0.35		IndusRewards program will not be applicable.
1 RP = Rs 0.15 for all outstanding reward points
 
Manju09 said:
My Select signature card starts with 4053-4223 & platinum card starts with 4363-9323 which are not in exclusion list. Can I hope that they are not devalued??
Click to expand...

Its simple, actually based on notification

VISA - Classic, Platinum
mastercard - Classic

all are devalued except for Delight variants

VISA - Signature, Infinite
mastercard - world

working after 1st nov
 
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