Redeem IndusInd Debit Card Points in Cash [DETAILED POST]

[codenerd]

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 points in a single day without issue. Its tried and tested.

Step 1: Login to https://indusnet.indusind.com/


Step 2: On RHS click Manage Relationship --> Manage Debit Card --> Redeem Reward Points --> Select Debit Card & Acc No --> Click Reward Point Redemption radio button


Step 3: Select Cashback in Redemption option --> Enter the points you want to redeem(Max 5k points in single transaction)



Step 4: Enter OTP


Step 5: In couple of days you will get Rs. 1750 credited to your bank account


5K points =Rs.1750 (actual cashback!!!)
1 point = Rs. 0.35 (cash redemption)

Most of these points I have accumulated by paying my CC bills only earlier via Mobikwik and later via PayTm.
And yes we can all agree, IndusInd app is shitty but still better than other banks 😀

 

[killerisback]

Are you able to get sms for those transaction?

I think so, yes. I did this some time back but I verified it on account statement's transaction history

 

[Raviteja]

Did any one got more than specified reward points for Indus select signature debit card? I.e., more than 3000 points

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Max earning in a month for World/Signature Select/Exclusive/Care: 3000 Reward points

 

[Ram1]

Did any one got more than specified reward points for Indus select signature debit card? I.e., more than 3000 points

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Max earning in a month for World/Signature Select/Exclusive/Care: 3000 Reward points

I spent around 1.25L in oct but got only 2903 points

Btw in monthly statement whats ur signature card name showing? Mine platinum signature

 

[Raviteja]

Plat signature only..

 

[Ram1]

Plat signature only..

Ok thanks for confirming.

 

[prajatpadhi]

Anybody is able to redeem the reward points to cashback through mobile app? I am not receiving the OTP since a month. I also talked to customer care and they said they will raise a ticket but neither I got the ticket no or resolution.

 

[killerisback]

Anybody is able to redeem the reward points to cashback through mobile app? I am not receiving the OTP since a month. I also talked to customer care and they said they will raise a ticket but neither I got the ticket no or resolution.

Yeah people face problem while using app, Try logging into website net banking and redeeming your rewards from there it should work via that. Try multiple time or different time slot it should work

 

[prajatpadhi]

Yeah people face problem while using app, Try logging into website net banking and redeeming your rewards from there it should work via that. Try multiple time or different time slot it should work

Oh. In my net banking there is no account mapped to my login. Only credit card is shown. Let me try and fix that first.

 

[ujjwal2024]

I have indis easydiner signature...only redemption option is by paying bill in restaurants...
Ans I am not able to get any other indus card also...as it seems they have changed their policy

 

[BhaiyaJi]

I was able to redeem through app itself. Cashback was credited instantly also.