IndusInd Bank PAYBACK Credit Card Review

Indusind Bank offers a special card for their customers in association with PAYBACK named Indusind Bank PAYBACK Credit Card. It is a low-cost credit card best suited for those who want to earn reward points. This card has so many benefits such as a welcome gift, reward points, fuel surcharge waiver, auto assistance, concierge services, insurance coverage, etc. It has also a contactless payment facility which makes the card more convenient.

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 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. 


  • Joining Fee: ₹249 + GST
  • Annual Fee: None. 


  • Welcome benefit:

With the issuance of the card, you will get 1000 PAYBACK points on your spending as a welcome gift. With the help of complimentary Future Privilege Membership, you will get an extra 10% off at Big Bazaar, e-Zone, Central, FBB, Brand factory, etc.

You will get the welcome gift in between 30 days of paying the joining fees.

  • Reward benefit:

If you spend Rs.100 on grocery and shopping you will get 5 PAYBACK points.

If you spend ₹100 for dining delights you will get 5 PAYBACK points.

If you spend ₹100 on movie ticket bookings you’ll get 20 PAYBACK points.

If you spend ₹100 for purchasing utilities, insurance, and other various items you will get 2 PAYBACK points.

Reward points are redeemable and you can redeem these through movie vouchers, shopping vouchers, etc.

  • Fuel surcharge waiver:

You will get freedom from a 1% fuel surcharge if you spend at any petrol pump in India. The savings you can have in a month will depend on your spending.

  • Insurance Coverage:

The card offers you air accident insurance of up to ₹25 lakh.

Also if your card information is stolen, you will get coverage from Total protect. 

  • Milestone benefit:

If you spend Rs.20000 in a month you will get 500 PAYBACK points. And if you spend Rs.2lakh or more in a year you will get 4000 PAYBACK points.

  • Concierge Service:

You will get concierge services with this card which is available 24×7. With this facility you can avail of pre-trip assistance, flight booking, hotel reservation, bookings of sports and entertainment, ordering flowers and gifts for your special one

This card also offers Auto assistance for their customers, which assists them during emergencies like Roadside repair, Emergency fuel service, Tire services, Losing of keys, Battery service, Emergency towing assistance, Accident Management, and medical assistance, etc. 

  • Contactless facility:

This card comes with a contactless payment facility, which means you don’t need to swipe your card to make payments, you can pay with just a wave at any secure reader machine. This feature is not only convenient but it reduces the chances of skimming. 


  • Cash Withdrawal Charge: ₹2.5% against the withdrawal amount, min ₹300
  • Finance Charge: 3.83% monthly. 
  • Foreign currency transaction: 3.5% against the transacted amount. 

Contact Details:

Call: 1860-267-7777


100xGain Ratings:


Final Opinion:

If you want to earn reward points from your credit card, then this card can be the best option for you, it offers reward points on shopping, dining, movie-related expenses, utility bills, etc. You can also enjoy some other benefits like concierge service, insurance coverage, fuel surcharge waiver, etc. So if you want a low-cost card that can earn you some decent reward points, then this card is perfect for you. 

But if you want to spend more to have some extra benefits, then you can go for American Express Smart Earn Credit Card, and if you want to spend even more you can go for Axis Bank Privilege Credit Card.  

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