IndusInd Bank Business Gold Credit Card Review

IndusInd Bank Business Gold Credit Card is a very unique Credit card, you can use this card for your daily need s well as for your business-related needs. It offers three different types of reward plans, Business savings plans, Purchase plans, travel plans, and entertainment plans. This card also offers an online control facility that allows you to control your account more conveniently.   

IndusInd Bank Business Gold Credit Card

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person: 
    • Age: 21 to 65 yrs. 
    • Income: ₹25,000 monthly. 
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: ₹25,000 monthly. 
  • Good CIBIL Score (750 or more).
  • Good relation with the bank. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Latest salary slip, (3 months) 
      • ITR
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recent audited financial report. 

Fee:

  • Joining Fee: None. 
  • Annual Fee: None. 

Benefits:

  • Welcome benefit:

With the issuance of the card, you will get some welcome gift vouchers. After paying the joining fees of your card you will get an SMS on your registered mobile number. You will receive gift vouchers by this SMS. You can choose the gift vouchers by replying to the SMS or by calling the customer care number

  • Reward benefit:
  • Business savings plan

If you spend ₹100 on purchasing a computer you will get 4 savings points.

If you spend ₹100 for purchasing consumer durables and electronics you will get 3 savings points each time.

If you spend ₹100 at Departmental stores you will get 1.25 savings points. 

If you spend ₹100 on automotive you will get 1.25 savings points. 

If you spend ₹100 on all other categories you will get 0.5 savings points.

  • Purchase plan

If you spend ₹100 on purchasing computer-related products you will get 4 savings points.

If you spend ₹100 for purchasing consumer durables and electronics you will get 3 savings points each time.

If you spend ₹100 at Departmental stores you will get 1.25 savings points. 

If you spend ₹100 on automotive you will get 1.25 savings points. 

If you spend ₹100 on all other categories you will get 0.5 savings points.

  • Travel plan

If you spend Rs.100 on airlines you will get 4 savings points.

If you spend Rs.100 for bookings of hotels and resorts you will get 3 savings points. 

If you spend Rs.100 on rent of cars and bookings of rail tickets you’ll get 1.5 savings points each time.

If you spend Rs.100 on all other categories you will get 0.50 savings points.

  • Entertainment Plan

If you spend Rs.100 on restaurant bills you will get 4 savings points.

You will get1.5 savings points for the same on Departmental stores, hotels, and resorts.

You will get 3 savings points for bars and pubs spending

And 0.50 savings points for all other categories. 

  • Online Service:

You can check your balance from your registered mobile number.

You can get your last 5 statements through SMS from your registered mobile number.

You can get your account statement for the last three months.

  • Security: 

This card comes with a built-in EMV chip it adds more security and convenience to your account. 

Charges:

  • Cash Withdrawal Charge: 2.5% against the amount, min ₹500
  • Finance Charge: 3.83% monthly. 
  • Foreign currency transaction: 3.5% against the transaction amount. 

Contact Details:

Call: 1860 267 7777

Mail: [email protected]

100xGain Ratings: 5/10

Final Opinion:

If you want a credit card just to earn reward points or if you want to earn reward points from your business-related expenses, then this card can be useful for you. this card offers reward points in 4 different plans, and you can earn a decent amount of reward points from your Business, Travel, or daily expenses. 

But if you want a card that can help in your business then you can go for YES Prosperity Business Credit Card or American Express Corporate Card, also if you want a most exclusive business card you can go for American Express Platinum Corporate Card.

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