IndusInd Bank Pinnacle Credit Card

Card Details

IndusInd Bank Pinnacle Credit Card
Issuer
IndusInd Bank
Card type
Lifestyle
Joining fee
₹14,999 + GST (one-time)
Annual fee
Nil (no renewal fee)
Rewards currency
Reward Points

Highlights

  • One-time joining fee of ₹14,999 + GST, zero renewal fee from year 2 onward.
  • Welcome benefit: Choice of gift vouchers — options include Oberoi Hotels, Postcard Hotels, Montblanc, Luxe Gift Card, or partner shopping vouchers.
  • 1 complimentary domestic lounge visit/quarter. Note: Spend-gated criteria introduced from April 2026 onward to unlock access from July 2026.
  • 1 complimentary international lounge visit/quarter.
  • 1 complimentary golf game + 1 golf lesson per month at select Indian golf courses.
  • BOGO movie tickets on BookMyShow — up to 3 free tickets/month (ticket capped at ₹200 each).

Fees & welcome benefit

  • Joining fee: ₹14,999 + GST (one-time only). No annual or renewal fee from year 2 onward.
  • Welcome vouchers (choose one): Oberoi Hotels gift voucher | Postcard Hotels stay voucher | Montblanc merchandise voucher | Luxe Gift Card (₹5,000 value at 30+ luxury brands) | Partner shopping vouchers (Bata, Pantaloons, Charles & Keith, etc.).
  • No milestone-linked renewal bonus. No annual fee waiver condition (fee is already zero after year 1).

Reward earning & redemption

CategoryEarn rate
E-commerce / online shopping2.5 RP / ₹100
Online travel & airline bookings1.5 RP / ₹100
All other eligible retail spends (offline)1 RP / ₹100
  • 1 RP = ₹0.75 cash/statement credit.
  • 1 RP = ₹0.60 non-cash (merchandise/vouchers on IndusMoments)
  • 200 RP = 100 KrisFlyer Miles or Air India Miles (min 500 RP)

Lounge, golf & lifestyle

  • Domestic lounge: 1 complimentary visit/quarter a spend condition will be introduced to unlock quarterly access.
  • International lounge: 1 complimentary visit/quarter via Priority Pass.
  • Golf: 1 complimentary game + 1 lesson per month at select Indian golf courses.

Additional benefits

  • Fuel surcharge waiver: 1% waiver on transactions ₹400–₹4,000. 1% fee + GST levied on cumulative fuel spends exceeding ₹50,000/statement cycle (effective May 4, 2025).
  • Movies: Buy 1 Get 1 Free on BookMyShow — up to 3 free tickets/month, each capped at ₹200.

Review

Reward rate is really poor. The only plus point is that you pay fee only once but then again there are no significant benefits of this card.