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

IndusInd Tiger Credit Card

28
Ranked #110 of 170 in credit
creditVisa SignatureEntry-mid, high value-for-free

Co-branded IndusInd Bank x Tiger Fintech (Bajaj Capital Group) lifetime-free card, widely regarded by independent reviewers as one of India's strongest free cards due to unconditional lounge access, low forex markup, and genuinely valuable airline mile transfer options (Air India, KrisFlyer).

Score breakdown

Data completeness: 100% · Last verified: 09 Jul 2026

Reward value5/100 · weight 71%
≈ 0.26% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +0.6% score bonus — earns broadly without narrow category restrictions.
Fee efficiency100/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks65/100 · weight 9%

Fees

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

Joining fee
—
Annual fee
Lifetime free
Waiver: Genuinely lifetime free — no joining/annual/add-on fee, no spend-based waiver condition needed
Forex markup
1.5%

Lounge access

Domestic (per year)
8
International (per year)
2

Reward structure

CategoryTypeRateCapNotes
travelpoints1.00%(4 pts @ ₹0.25)——
diningpoints0.75%(3 pts @ ₹0.25)——
all_spendspoints0.16%(0.4 pts @ ₹0.40)—1 point per Rs 100 base rate (up to Rs 1L annual spend); progressively rises to 2X/4X/6X on incremental spend beyond Rs 1L/2.5L/5L thresholds; excludes fuel/utility/insurance/govt/education/real estate/rent

Welcome offer

One-time promotional Rs 500 Amazon gift card via referral links (time-limited); 1-year Times Prime membership worth Rs 1,399 free if applied by 31 March 2026 (likely expired) — no standard ongoing welcome bonus documented

Milestone benefits

Pros

  • Genuinely one of the best lifetime-free cards in the Indian market per multiple independent reviews (CardMaven, CardExpert) — unconditional lounge access (rare for LTF cards), meaningful 1:1-ish Air India Maharaja transfer and KrisFlyer transfer options, low 1.5% forex markup, progressive reward multiplier rewards loyalty/high spend, quarterly golf game/lesson, BOGO movie tickets (worth up to Rs 500 every 6 months), 24x7 concierge

Cons

  • FLAG — CONFIRMED DEVALUATION: cash redemption cap reduced to 5,000 points/month effective 1 Sept 2024
  • user forum reports (CardExpert) confirm a separate loyalty-program ("CV points") redemption option was also removed at some point — verify current transfer partner list before relying on it
  • accelerated multiplier excludes utility/insurance/government/education/real estate/rent (wide exclusion list)
  • base rate without hitting spend thresholds is modest (1 point/Rs100 = ~0.4%)

What's inside

More benefits

  • Golf program

    ₹3,000

    1 complimentary golf game or lesson per quarter (4/year)

    Cap ₹12,000 / quarterly.

  • BOGO movie tickets

    ₹500

    1 free movie ticket worth up to Rs 500 every 6 months via BookMyShow

    Cap ₹1,000 / yearly.

  • Concierge service

    24x7 concierge services

Insurance cover

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₹NaN

Eligibility

text
Age 18-75, Indian resident, credit score 700+, minimum monthly income Rs 20,000

Small print

Fuel surcharge:1% fuel surcharge waiver, Rs 400-4,000 transactions; fuel spends earn zero reward points