CRED IndusInd Bank RuPay Credit Card
CRED IndusInd Bank RuPay Credit Card offers UPI payments, exciting rewards, lifetime free benefits, and easy online application. Check eligibility, fees, features, and how to apply in this complete 2026 guide.
In our daily life, UPI became an oxygen for everyone…Am I right? From having a cup of coffee to dinner, we are using the QR code scan in every place and every time. The problem here is that the money is being debited from our savings account, but we are not receiving any returns. But when we use the credit card, we will get rewards, improves credit score and liquidity also.
Let’s discuss the trending topic, CRED IndusInd Bank RuPay Credit Card. It’s like a game-changer because it works based on the RuPay network. It’s like a process where we can directly link the UPI apps like CRED, Google Pay, PhonePe and scan it and make the payments. In this post, we will discuss the design, rewards, fees and its pros and cons.
1. The Power of RuPay: Credit Card + UPI.
In India, after the RuPay revolution, the style of Credit Card usage was totally changed. In earlier times, a credit card is like a physical swipe or by entering details in an online portal. But now, IndusInd Bank and CRED collaborated and launched this card. If the vendor has no money, you can use the UPI scan upto its credit limit.
Why is it special?
Convenience : If you forget your wallet, then you can use it through your phone.
Credit Cycle: You can get a time period of 45 -50 days to settle the bill.
Reward Points: In a normal UPI app, we won’t receive many rewards, but here we will definitely receive the reward points.
2. Design and First Impression: Premium Look & Feel
When we hear the word “Cred”, the first thing that comes to our mind is “Aesthetics”.This card is designed very minimally and is premium. This card comes with an Industrial finish, which gives an elite look. In general, IndusInd Bank releases conventional cards, but this card, which is collaborated with CRED, is specially crafted with the digital-native community. This card is not only a physical card but also generates a virtual card as well.
3. Reward Structure: How do we receive profits?
This card is purely rewards-focused. If you are a crazy online shopping person, then this card is for you. The reward system purely depends on CRED points.
5% Cashback on Online Shopping:If you are doing online shopping on major e-commerce websites like Amazon, Flipkart, and Myntra. Then you will definitely receive a 5% cash back.
Limit: We can use a maximum of 5,000 reward points in a month.
Example: If you shop for worth Rs.20,000, then we will get 1000 reward points
5% Back on CRED Ecosystem:If we use the CRED Pay, CRED Store, and CRED Travel services in a CRED pay, then we will definitely get a 5% reward points. As this is the travel season, we can get these reward points on hotel and flight bookings.
1% Back on Offline & UPI Spends:If we make payments like Current bills, gas bills or insurance premiums in the CRED app, then we will get 1% of rewards points.
Offline Swipes: If we swipe a card in a shop, then we will get a 1% of reward points.
Scan & Pay: If we scan & pay in the CRED app, then we will get 1% reward points.
Capping: There is a limit on usage of 500 points per month
Utility Bills & Insurance
4. Point Value Decoded: 1 Point = How much?
Most people ask, “The reward points are good, but what is their value?”. Here is a twist: the value of the reward points depends on the way you redeem the points.
Travel Bookings (Hotels/Flights): 1 CRED Point = ₹1. (Full Value!)
2. CRED Store Purchases: 1 CRED Point = ₹1.
3. Credit Card Bill Payments: 1 CRED Point = ₹0.50.
4. Utility Bills: 1 CREDIT Point = ₹0.50
Expert Tip: If we use the reward points in any of the bill payment the value gets reduced to half. But if we can use those reward points in our bookings, then we can enjoy a free vacation.
Pros and Cons: Real-Life Experience Review:
Pros
UPI Flexibility: Best support for QR scans due to the RuPay network
5% Rewards: There is a minimal chance of getting rewards on online e-commerce shopping. But this card is rewards-friendly.
Zero Joining Fee: Low entry barrier.
Safety: There is a facility of insurance coverage in any fraudulent transactions through IndusInd’s “Total Protect”
Cons:
No Annual Fee Waiver: No refund of the amount we spend.
Limited Redemption: Cannot convert the rewards points to cash. Can utilise those points through vouchers or travel in the CRED app.
Exclusions: No rewards on Rent payments, School fees, Wallet loads, and Jewellery purchases
How to Apply? (2-Minute Process)
Very simple process and purely digital.
Open the CRED app.
Go to the cards section at the bottom.
See the “CRED IndusInd Bank RuPay Credit Card” and click on the “Check Eligibility”.
Confirm your PAN and Income details.
If you receive instant approval, set up the Video KYC step.
Once done, it activates the virtual card. You will receive your physical card in 5-7 working days at your home address.
5. Fees and Charges
If a credit card comes to mind, then we will ask about the charges. Let’s be transparent here:
Joining Fee: NIL.
Annual Fee: ₹499 + GST.
Waiver Option: C=In most of the cards, if you spend 1Lakh of rupees, then there is a rule called cancellation of annual fee. At present, there is no waiver option. That means there will be an annual fee of Rs.400.
Interest Rate: For a month, it is 3.95% (Yearly 47.4%). So always make a full payment, and also don’t pay the minimum amount and fall into the interest trap.
Fuel Surcharge Waiver: 1% waiver (upto from₹500 to ₹5,000 transactions). Can save upto ₹300 per month.
Summary of CRED IndusInd Bank RuPay Credit Card :
UPI Integration: Can link the card to the UPI and make payments like scan & pay
Accelerated Rewards: Can get a cashback of 5% on online e-commerce shopping.
CRED Perks: Can get reward points of 5% on CRED pay, store, and travel.
Offline Spends: Can get 1% reward points on offline card swipes and UPI scan & pay.
Joining Fee: Flat ₹0 (Zero Joining Fee).
Annual Fee: ₹499 + GST (No waiver condition available).
Point Value: 1 Point = ₹1 for Travel/Store, ₹0.50 for Bills.
Approval: 2-minute digital process with Video KYC facility.
Fuel Waiver: 1% fuel surcharge waiver for transactions between ₹500 – ₹5000.
Exclusions: Rewards are not applicable to Rent, Wallet Load, Education, and Govt payments.
