The ongoing downfall of IndusInd Legend Credit Card

[RewardsAlert]

Hey folks,
As you all I know I am having more than a decade of relationship with IndusInd and most banks with reference to credit cards.
I was randomly scrolling through my emails today and found an old mail dated way back in 2018, regarding an executive trying to upgrade my Indusind platinum aura to Legend.
and that too by charging a joining fee of Rs.25000+taxes during that time, against vouchers.
I was really surprised and amazed to see that this bank had the audacity to keep the joining fee as 25k that too five years back, for an average card, I know it is devalued, still it was average only.
Now I realise why they are distributing this legend card like toffees and chocolates to each and everyone out here even with C2C.
The downfall of this card in particular has been exponential as you can imagine, a fee of 25k to LTF.
The most surprising element about it is, they are calling it "Genesis Luxury"




I am interested to know what all are your humble opinions about this IndusInd Legend Credit Card and what should be our expectations from a bank like IndusInd? More devaluations or a good card like Eazydiner? Please comment your thoughts!
Also, attaching a Screenshot of PPT, what the executive had sent for the joining vouchers and redemptions.
Thanks!
An IndusInd Customer

 

[jetesh]

In that case, It's just a matter of a few more months or a year. We will get the Pioneer metal credit cards for free or at very nominal joining fees.

 

[jetesh]

I have both.... Legend and Celesta Credit Card of IndusInd Bank. And to my surprise the response time of Celesta CC holders is less than an hour. And for Legend CC you have to wait at least for a week for their reply.

 

[Rahul Gupta]

I have both.... Legend and Celesta Credit Card of IndusInd Bank. And to my surprise the response time of Celesta CC holders is less than an hour. And for Legend CC you have to wait at least for a week for their reply.

Same thing happens in savings account. I get reply with 1 day of email on my exclusive account. On the other hand people say they have to wait serveral days.

 

[jetesh]

Same thing happens in savings account. I get reply with 1 day of email on my exclusive account. On the other hand people say they have to wait serveral days.

I think it depends on the product. I have a Grande account, their response time is 6-8 hours max.

 

[Rahul Gupta]

I think it depends on the product. I have a Grande account, their response time is 6-8 hours max.

Grande? Are you maintaining 5 lacs?

 

[jetesh]

Grande? Are you maintaining 5 lacs?

No, I have found the loophole in the Grande plan.

 

[Rahul Gupta]

No, I have found the loophole in the Grande plan.

I have taken the insurance for my parents.

If you have an insurance of Rs 50,000 or more. Your relationship with the bank will be maintained for a year.

If theres anything else which you don't wanna share in public, you can dm me.

 

[NikhilG]

Did anyone have any luck getting a priority pass membership with legend. On their website it shows Priority pass membership of you and your partner worth rs 16kplus but their customer executive forcing me and saying that they will give me just one priority pass membership? I mean what is this?

 

[WhoU]

Did anyone have any luck getting a priority pass membership with legend. On their website it shows Priority pass membership of you and your partner worth rs 16kplus but their customer executive forcing me and saying that they will give me just one priority pass membership? I mean what is this?

Why do you care? Only the PP card is free, lounge visits are still chargeable. Might as well use any CC directly.

 

[NikhilG]

Why do you care? Only the PP card is free, lounge visits are still chargeable. Might as well use any CC directly.

lounge visit for international is chargeable? for domestic its free via priority pass and for one priority pass only one person is admitted. Right? Does having the pp membership is not mandatory to redeem the lounge visit say 27 dollar for international lounge?

 

[WhoU]

lounge visit for international is chargeable? for domestic its free via priority pass and for one priority pass only one person is admitted. Right? Does having the pp membership is not mandatory to redeem the lounge visit say 27 dollar for international lounge?

Even domestic is chargeable

 

[cardex]

Even domestic is chargeable

After being rejected twice within last year, I was suddenly offered this ltf card few days back. Is it that worthless?

 

[WhoU]

For me it is worthless. I had it LTF but closed because they weren’t upgrading to EazyDiner Legend. If you manage to get EazyDiner LTF, then nothing like it. I don’t think you would be using the normal legend card ever.

 

[jetesh]

I am also trying my LTF Legend to EazyDiner card LTF ..... lets c

 

[Lobogris]

I took Pinnacle with hefty fees of 25K and that too without any vouchers - in 2016. Because 2.5% everywhere was a great deal. After may be 2-3 years, they offered Indulge -invite only card (I hope i remember it right) worth 1 lakh as joining fees with no predefined limit and some 22k gold plated card etc.. but with 1.5% as reward so I denied - CC executive was like- sir this is invite only card and I replied- why to pay 1 lakh and get downgraded to 1.5 from 2.5 %

When I got pinnacle, it was in their SUPER PREMIUM category - BMS had separate quota for pinnacle and from last few years, i found Pinnacle was given free to everywhere, they downgraded their super premium to only premium - even BMS has all time quota exhausted

I got it in 2019 with a 15 or 25k fee along with same amount of Amazon vouchers and they had a special promotion where they credited around 2 to 3k after a few months for the GST fee. The 2.5% cashback was only online and it was 1.5% at POS. Still it was good as you could redeem the cashback directly into account without any fees. I haven't used it since it was devalued a couple of years back. Today we have much better cards like SBI Cashback for online, Axis Ace and Flipkart for 1.5 to 2% unlimited at POS and Amzon Pay for 5% on Amazon. Some debit and credit cards even provide 5% on POS but with some restrictions.

 

[ak95]

Received a mail by somebody from Indusind bank (official email ID) offering standard Pinnacle upgrade - One time 15k+GST fees with either {10k Amazon/Flipkart/Myntra} or {15k random bullcrap offline vouchers}

Anybody knows a solid way to negotiate for a free upgrade???

Now they are offering 12k Amazon/Flipkart + 1 year EazyDiner Prime … on Joining Fees of 15k+GST

Still doesn’t feel worth it. Any suggestions ?

 

[Deleted member 11974]

Now they are offering 12k Amazon/Flipkart + 1 year EazyDiner Prime … on Joining Fees of 15k+GST

Still doesn’t feel worth it. Any suggestions ?

Nope
You are losing money don't take it

 

[starstruck]

Now they are offering 12k Amazon/Flipkart + 1 year EazyDiner Prime … on Joining Fees of 15k+GST

Still doesn’t feel worth it. Any suggestions ?

If you have any of the premium cards of Axis for free Eazydiner prime, then this is not worth it.

Even at 3k, the cost of Eazydiner prime is too high (GST is separate loss), so again not worth it.

 

[cardio_guy]

lounge access limited to one per quarter.