CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
IndusInd Bank

IndusInd Nexxt Credit Card

29
Ranked #96 of 170 in credit
creditMastercardEntry-Mid (Tech novelty)

IndusInd's novelty "interactive" card with built-in LED payment-mode buttons — a genuinely unique tech feature, but reviewers consistently flag its high Rs10,000 joining fee as poor value relative to its otherwise modest ongoing rewards and lifestyle benefits.

Score breakdown

Data completeness: 95% · Last verified: 09 Jul 2026

Reward value13/100 · weight 71%
≈ 0.64% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +4.2% score bonus — earns broadly without narrow category restrictions.
Fee efficiency100/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks11/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
₹10,000 + 18% GST
= ₹11,800 total
Annual fee
Lifetime free
Waiver: No annual fee from 2nd year onwards; joining fee itself is non-waivable
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
online_spendspoints1.00%(2 pts @ ₹0.50)——
diningpoints1.00%(2 pts @ ₹0.50)——
travelpoints1.00%(2 pts @ ₹0.50)——
groceriespoints1.00%(2 pts @ ₹0.50)——
fuelpoints0.50%(1 pts @ ₹0.50)——
all_spendspoints0.38%(0.5 pts @ ₹0.75)—1 pt/Rs150 flat rate, all categories except fuel; 1pt=Rs0.75 cash value

Welcome offer

Choice of one welcome gift voucher: EazyDiner, Bata, Montblanc, Oberoi Hotels, Yatra, Vero Moda, or Aldo

Milestone benefits

Pros

  • Unique interactive LED-button design (India's first) letting cardholders select Credit/EMI/Rewards payment mode at POS in real-time
  • points never expire
  • curated luxury welcome gift options (Montblanc, Oberoi)
  • BOGO movie tickets (2/month, capped Rs200) on BookMyShow

Cons

  • High one-time joining fee (Rs10,000) for what reviewers call limited ongoing lifestyle benefits relative to cost ("should have offered better rewards... to justify its cost" per Paisabazaar)
  • low redemption value (Rs0.75/point)
  • KrisFlyer-only airmile conversion (narrow)
  • LED button feature only works at physical POS terminals, not online/ATM

What's inside

More benefits

  • BOGO movie tickets

    ₹200

    Buy 1 get 1 free on BookMyShow, up to 2 tickets/month, capped Rs200/ticket

    Cap ₹4,800 / monthly. Max 2 tickets/month

  • Welcome gift voucher choice

    ₹3,000

    Choice of one voucher from EazyDiner, Bata, Montblanc, Oberoi Hotels, Yatra, Vero Moda, or Aldo

    Cap ₹3,000 / one-time. Card issuance

Insurance cover

text
₹NaN

Eligibility

text
Age 18-65; good credit score (750+ typical); income ~Rs50,000/month for Rs80K-1L credit limit range

Small print

Fuel surcharge:1% waiver, Rs500-3,000 range, capped Rs250/billing cycle