SB Balance Requirement for Double Reward points using IndusInd Credit card

[jyothisthaliath]

Got this in the email today. Can anyone confirm if they are getting twice the amount of usual points? Or it is just a fad.

Secondly, I was under the impression that the 2X points offer is only for people opening Indus Advantage SB account. I have both INDIE account and Indus Advantage SB account. I am maintaining 50K in INDIE account for megastar benefits and 50k in Advantage SB account for 2X rewards for my CC spends. I certainly don't want another 50k lying idle in my Advantage account if the initial 50k balance in INDIE account would count towards this 2X reward offer. Can you please tell me whether to keep both these accounts or just one

 

[jyothisthaliath]

 

[DeepGD]

Hi, did you get clarity on this?
I have recently issued a Platinum Rupay CC, and have been getting promos for 2x accelerated rewards with savings account. Want to understand the following:
1. Which saving account types are valid? My promo links to Advantage SA, while Indie Megastar SA seems a better option if it works
2. What do they mean by QAB, will meeting criteria on last day / week of the calendar quarter work? Or needs to be maintained daily
2. What are the conditions for 2x reward? Are all CC transactions covered or is there some limits
3. How is your overall experience with Indusind?

Thanks in advance for your kind response.

 

[jyothisthaliath]

1. Which saving account types are valid? My promo links to Advantage SA, while Indie Megastar SA seems a better option if it works

I had Advantage SA account, but I upgraded it to Exclusive account with zero MAB using Pinnacle CC as surrogate. Now I have INDIE account, I'm keeping 50k for Megastar tier. It has it's own benefits (fuel reward, Bill payment reward, etc.)

2. What do they mean by QAB, will meeting criteria on last day / week of the calendar quarter work? Or needs to be maintained daily

I am told that there is no such strict requirement. But whenever balance in my INDIE account goes lower than 50k for a few days, I get call from their team to keep more funds 😭 it's annoying. My friend who has INDIE account said they only keep 50k towards quarter end and he has never been downgraded.

2. What are the conditions for 2x reward? Are all CC transactions covered or is there some limits

All CC transactions are covered I believe. I have always received more points that I expected. They even round up the fraction points.

3. How is your overall experience with Indusind?

Only drawback is the email spamming and annoying calls to convert EMI, instant cash loans, etc. I get a call every 2 days 🥱 nowadays I don't even answer seeing Spam in caller ID 😂

 

[DeepGD]

I had Advantage SA account, but I upgraded it to Exclusive account with zero MAB using Pinnacle CC as surrogate. Now I have INDIE account, I'm keeping 50k for Megastar tier. It has it's own benefits (fuel reward, Bill payment reward, etc.)

Thanks for all the clarifications, this is really helpful - just 1 more query will just INDIE be sufficient for 2x reward or multiple accounts give 2x++ rewards? TIA

 

[jyothisthaliath]

Thanks for all the clarifications, this is really helpful - just 1 more query will just INDIE be sufficient for 2x reward or multiple accounts give 2x++ rewards? TIA

Haha.. this 😂 no idea. I have only INDIE now. Sadly I never got any 2X points during the time I had SA account. But then again it was too short period like less than a month. I was in a hurry to open Exclusive account.

Then again it's highly unlikely that you'll get 2X 2 X reward 😝 Let's see if someone else can shed light on this