IndusInd adds new options for credit card welcome vouchers & reduces Credit Limit Eligibility

If you’re planning to apply for a new IndusInd bank credit card you may need to know these changes that’s live already. Here are those changes:

New Welcome Voucher Options

IndusInd added new welcome voucher option named “Vouchagram” which is nothing but “Gyftr” that comes with vouchers from brands like:

  1. Amazon
  2. Flipkart
  3. Big Bazaar
  4. Zee5
  5. Myntra
  6. Swiggy
  7. Zomato gold
  8. Apollo pharmacy
  9. Biba online
  10. Ola cabs
  11. Uber

So the most important fact is you can now avail Amazon/Flipkart vouchers as a welcome gift.

But well the problem is, the coupon system works similar to the fulfilment offer run by HDFC Bank on their credit card spend based promos. Meaning, Amazon/Flipkart vouchers may go out of stock anytime!

Now that said, here are the available joining fee options for 2 most popular & rewarding cards from IndusInd bank.

  • Indusind iconia Amex: Rs.5,000+GST (with vouchers)
  • Indusind pinacle : Rs.15,000+GST (with vouchers)

Other cards too may have similar options but above are the ones worth going for. However, not to forget, GST part will be extra. 

FYI: Signature Legend doesn’t have this option and comes with vouchers only at 25K+GST option.

Note: Indusind keeps changing the available voucher options & fee value almost every year, so do verify with bank once before you decide.

Credit Limit Eligibility

If you’re an existing IndusInd credit card user and want to upgrade your card to the next best variant, for ex: from Iconia to Pinnacle, you need to have a minimum credit limit on the existing card for the upgrade to be processed.

So this credit limit eligibility has been decreased (temporarily) for Pinnacle as they neither give higher limit easily for new cards nor do limit enhancement due to Covid-19 and so the offer.

  • Min. Credit Limit for Pinnacle (before): Rs.1,50,000
  • Min. Credit Limit for Pinnacle (now): Rs.50,000

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