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Review

IndusInd Tiger Credit Card (2026) Review

8 domestic and 2 international lounge visits a year with no spend condition, on a card with no annual fee.

Credsir Editorial Team · MBA · 14 years in fintech
Updated 6 Sep 2026

The IndusInd Tiger Credit Card is a Visa card from IndusInd Bank that carries no joining fee and no annual fee, and still puts 8 domestic and 2 international lounge visits a year on the table. We score it 2.3 out of 5.

Our verdict

Hold it purely for the lounges. Eight domestic visits a year is worth roughly ₹8,000 at typical walk-in rates, on a card that costs nothing — the weak reward rate barely matters. If you want the rewards to carry the card instead, the shortlist on best cashback credit cards is the better starting point.

At a glance

Issuer and network IndusInd Bank · Visa
Joining fee Nil
Annual fee Lifetime free
Effective return 1.2%
Forex markup 3.50%
Lounge access 8 domestic · 2 international
Minimum income ₹6,00,000 a year
Minimum credit score 750+

Updated 15 Aug 2026 · Source: indusind.com

How we scored it

Component Score Weight
Rewards 1.2 40%
Perks 1.1 25%
Fees 5.0 20%
Accessibility 3.3 15%
Credsir rating 2.3/5 —

The score is computed from the fields above, not assigned. The full formula is set out on our methodology page.

What works, what does not

What works:

  • Lounge access with no minimum spend requirement — unusual on a free card
  • Includes international lounge visits
  • No annual fee at any spend level

What does not:

  • Ordinary reward rate on general spending
  • Approval criteria are stricter than the zero fee suggests — the card asks for ₹6,00,000 of income and a 750+ score, so it is not a first card. If that is what you are after, see best first credit cards, and work on the score first using how to improve your credit score.

The full cost

Charge Amount
Joining fee Nil
Annual fee Nil
GST on annual fee (18%) Nil
Total annual cost Nil
Fee waiver threshold No waiver offered
Forex markup 3.50% + GST on the markup
Fuel surcharge waiver Yes, 1% (capped)
Finance charge if you revolve Typically 3.5% a month — about 42% a year

Updated 15 Aug 2026 · Source: indusind.com

The 18% GST on an annual fee is the number most comparisons quietly omit. It does not bite here, because there is no fee to tax. What does bite is the 3.50% forex markup, which also carries GST on the markup itself — work the real cost out on the forex markup calculator before you use this card abroad.

Compare with

Card Rating Effective return Annual fee
Scapia Federal Bank Credit Card 3.9/5 3.0% Nil
Axis Bank Atlas Credit Card 3.6/5 4.5% ₹5,000
HDFC Bank Regalia Gold Credit Card 3.1/5 2.6% ₹2,500

Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top. Verify current terms on the issuer’s site before applying; card terms change without notice. The rest of the issuer’s range is listed under all IndusInd Bank cards.

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