IndusInd Bank Tiger Credit Card

Name: IndusInd Bank Tiger Credit Card
Brand: IndusInd Bank
Availability: InStock
Rating: 4 (1 reviews)

Overview

The IndusInd Bank Tiger Credit Card is a co-branded Visa card issued with Tiger Fintech Private Limited (Bajaj Capital Group). Its tiered Magnificent Rewards Program earns 1 base reward point per ₹100 spent, scaling to 6x on spending above ₹5 lakh in a card anniversary year. Each point is worth ₹0.40 as cash credit, or 4 points convert to 1 KrisFlyer mile. Fuel, utility bills, insurance, government, education, real estate, and rental transactions are excluded from earning.Airport lounge access is a standout benefit. You get 2 complimentary domestic lounge visits per quarter (8 per year) using the card directly, plus 2 international visits per year through a Priority Pass membership valued at roughly $198. The card carries a 1.5% forex markup on international transactions, well below the 3.5% standard most cards charge.Lifestyle perks include 1 complimentary golf game or lesson per quarter at partner courses across India, 1 free BookMyShow movie ticket (up to ₹500) every 6 months, and 24-hour concierge assistance. Auto Assist covers roadside emergencies including breakdowns, flat tyres, fuel delivery, and locked keys. Total Protect insurance covers unauthorized card usage up to 48 hours before reporting.A 1% fuel surcharge waiver applies on transactions between ₹400 and ₹4,000 at all fuel stations. Cash redemption of reward points is capped at 5,000 points per calendar month (₹2,000). Points can also be redeemed through the IndusInd Moments portal against vouchers from Oberoi, Luxe, and other shopping and entertainment brands.

Pros

↑8 complimentary domestic lounge visits and 2 international visits per year, including a Priority Pass membership valued at approximately $198 annually
↑1.5% forex markup on international transactions, less than half the 3.5% standard most Indian credit cards charge
↑Tiered reward program earning up to 6x points at ₹6 lakh annual spend, with KrisFlyer mile conversion at 4 points per mile
↑Quarterly complimentary golf games at partner courses across India, plus BookMyShow movie tickets worth ₹500 every 6 months
↑No joining or annual fee despite offering lounge access, Priority Pass, golf, concierge, and Auto Assist roadside service

Cons

↓Base reward rate of 1 point per ₹100 (0.4% return) is low, and the 6x multiplier only activates above ₹5 lakh annual spend
↓No reward points on fuel, utility bills, insurance, government services, education, real estate, or rental payments, limiting earning on routine expenses
↓Cash redemption of reward points capped at 5,000 per calendar month (₹2,000), restricting how fast you can convert points to statement credit
↓Club Vistara and InterMiles conversions discontinued, leaving KrisFlyer as the only airline miles option for reward point conversion

Key Highlights

Welcome Offer
No joining fee
No joining fee charged
No annual fee either
Visa network
Co-branded with Tiger Fintech (Bajaj Capital Group)

Reward Rate
Up to 6x Accelerated Reward Points
1x on first ₹1 lakh spend per year
2x on ₹1-2.5 lakh spend
4x on ₹2.5-5 lakh spend
6x on spend above ₹5 lakh
1 Reward Point = ₹0.40 cash credit

Minimum Salary
Age 21 to 60 years, ₹9 lakh income
Salaried: 21 to 60 years
Self-employed: 21 to 65 years
Minimum annual income: ₹9 lakh
Credit score 750+ recommended

Joining Fee
No joining fee
No joining fee charged
Co-branded with Tiger Fintech
Visa card network
Add-on cards at no extra cost

Annual Fee
No annual fee
No annual fee
No renewal charges
Card maintained at no recurring cost

Why Choose?
8 domestic + 2 international lounges
2 domestic lounge visits per quarter (8/year)
2 international visits per year via Priority Pass
Priority Pass membership included
Access to 600+ lounges worldwide

Key Benefits

Fuel

★3.5

▼

1% fuel surcharge waiver at all fuel stations across India
Waiver applicable on transactions between ₹400 and ₹4,000
No reward points earned on fuel transactions
Standard surcharge applies outside the ₹400-4,000 range

Lifestyle

★4.0

▼

1 complimentary golf game or lesson per quarter (4 per year) at partner courses
1 free BookMyShow movie ticket up to ₹500 every 6 months
24-hour concierge for travel, hotel, event bookings, and gift delivery
Auto Assist roadside service: breakdown repair, flat tyre, fuel delivery, locked keys
Total Protect insurance covering unauthorized card transactions

Reward Points

★3.5

▼

1 base Reward Point per ₹100 spent on the card
Tiered multiplier: 2x at ₹1-2.5 lakh, 4x at ₹2.5-5 lakh, 6x above ₹5 lakh annual spend
1 Reward Point = ₹0.40 as cash credit to card account
4 Reward Points = 1 KrisFlyer mile for Singapore Airlines
Fuel, utility, insurance, government, education, real estate, and rental transactions excluded

Travel

★4.5

▼

2 complimentary domestic lounge visits per quarter (8 per year)
2 complimentary international lounge visits per year via Priority Pass
Priority Pass membership included at no cost
1.5% forex markup, less than half the industry standard 3.5%
Concierge service for flight and hotel bookings

Detailed Information

Joining Fee	No joining fee
Annual Fee	No annual fee
Annual Fee Waiver	No annual fee
Monthly Percentage Rate	3.49%
Annual Percentage Rate	41.88%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	1.5%
Late Payment Charges	₹100 to ₹1,300 based on outstanding balance
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	Subject to applicable terms
Fee For Supplementary Card	No fee for supplementary card
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-60 years
Age Requirement Self Employed	21-65 years
Minimum Annual Income Salaried	₹9 lakh per annum
Minimum Annual Income Self Employed	₹9 lakh per annum
Minimum Credit Score	750+ recommended

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The IndusInd Bank Tiger Credit Card has no joining fee and no annual fee. This is a co-branded card issued in partnership with Tiger Fintech Private Limited, a Bajaj Capital Group company. The card runs on the Visa network.

The Magnificent Rewards Program works on a tiered slab system based on your annual spending. You earn 1 base reward point per ₹100 spent. The multiplier increases with spend: 2x for ₹1 lakh to ₹2.5 lakh, 4x for ₹2.5 lakh to ₹5 lakh, and 6x for spending above ₹5 lakh in a card anniversary year. At ₹6 lakh annual spending, you would earn approximately 20,000 reward points.

Each reward point is worth ₹0.40 when redeemed as cash credit to your card account. You can also redeem points through the IndusInd Moments portal against vouchers from brands including Oberoi and Luxe, as well as shopping, travel, dining, and entertainment options. The conversion rate on IndusInd Moments is also 1 point = ₹0.40.

You get 2 complimentary domestic lounge visits per calendar quarter, totaling 8 visits per year. For international travel, you receive 2 complimentary visits per year to any participating lounge outside India through your Priority Pass membership. Access to 600+ lounges worldwide is available through Priority Pass.

Yes. The card includes a complimentary Priority Pass membership valued at approximately $198 per year. This gives you access to 600+ airport lounges worldwide. You can use 2 complimentary international lounge visits per year through this membership.

The forex markup on all international spending is 1.5%, which is significantly lower than the industry standard of 3.5%. This discounted rate applies to all overseas transactions made on the card.

You get 1 complimentary golf game or lesson per quarter (4 per year) at partner golf courses across India. Bookings can be made through the IndusInd golf portal at indusindgolf.apexlynx.net. Golf privileges are provided in partnership with Apexlynx.

You receive 1 complimentary movie ticket worth up to ₹500 on BookMyShow every 6 months in a calendar year, giving you 2 free tickets per year. The offer is valid at all theatres registered with BookMyShow across all major cities.

Accelerated reward points are not earned on fuel transactions, utility bill payments, insurance premiums, government services, educational institute payments, real estate transactions, and rental payments. Fuel transactions do not earn any reward points at all, even at the base 1x rate.

Yes. You can convert reward points to KrisFlyer miles at a rate of 4 reward points = 1 KrisFlyer mile. This allows you to accumulate Singapore Airlines frequent flyer miles. Reward point redemption towards Club Vistara miles was discontinued from October 2024, and InterMiles conversion ended from January 2025.

The card provides a 1% fuel surcharge waiver at all fuel stations across India. This waiver applies only to fuel transactions between ₹400 and ₹4,000. Transactions outside this range do not qualify for the surcharge waiver.

Total Protect is an insurance program that covers you for an amount equal to your credit limit. It protects against unauthorized transactions in case of card loss or theft, providing coverage up to 48 hours before you report the loss. It also covers counterfeit fraud where card details may be stolen and misused. The cover extends to add-on cards as well.

The 24-hour concierge service covers pre-trip travel information, hotel and flight bookings, car rental arrangements, sports and entertainment ticket bookings, event arrangements, and flower and gift delivery worldwide. You can reach the concierge desk at 1860 267 7777.

Auto Assist provides roadside repair service for mechanical or electrical breakdowns, emergency fuel supply up to 5 litres, flat tyre repair, locksmith service for keys locked inside the car, and battery repair service. All services are arranged at the vehicle's breakdown location. Call the concierge at 1860 267 7777 to use the service.

The monthly interest rate on revolving balances is 3.49%, which translates to an annual percentage rate (APR) of 41.88%. Interest is charged on the daily outstanding balance from the date of transaction if you carry a revolving balance.

The primary cardholder must be between 21 and 60 years for salaried applicants or 21 to 65 years for self-employed individuals. A minimum annual income of ₹9 lakh is required, and a credit score of 750 or above is recommended. All applications are subject to IndusInd Bank's credit assessment.

You need a PAN Card (mandatory), identity proof (Aadhaar Card, Passport, or Voter ID), and address proof (Aadhaar, Passport, Utility Bill, or Bank Statement). Salaried applicants need the latest 3 months salary slips and bank statements. Self-employed applicants need the latest 2 years ITR and 6 months bank statements with business proof documents.

The reward points cap is set at your credit limit for each card anniversary year. Additionally, from September 2024, cash redemption of reward points is capped at 5,000 points per calendar month, which translates to ₹2,000 in monthly cash credit.

Yes. Add-on (supplementary) cards are available for family members at no additional cost. Reward points earned on add-on card spending accumulate in the primary cardholder's account.

Cash advance through ATM withdrawal attracts a fee of 2.5% of the withdrawal amount, with a minimum charge of ₹500. Cash transactions also attract the standard interest rate of 3.49% per month from the date of the transaction.