Every IndusInd Bank card we review, ranked on what they actually return rather than on the headline reward rate.
IndusInd Bank cards compared
| Card | Annual fee | Effective return | Forex markup |
|---|---|---|---|
| IndusInd Bank Tiger Credit Card | Nil | 1.2% | 3.5% |
Effective return is a realistic blended reward rate, not the accelerated headline rate that applies only to selected categories. Cards are ranked by that figure, using a formula we publish. You can test it against your own spending with the credit card reward value calculator.
What the forex markup costs
The markup shown above is charged on every transaction billed in a foreign currency, and 18% GST applies to the markup itself. On international spending it usually outweighs the reward rate, so work out the rupee cost on the forex markup calculator before you pick a card for a trip.
Terms change without notice. Confirm the current figures with IndusInd Bank before you act, and compare against the wider set of credit cards we review rather than only within one issuer.
Sources
- IndusInd Bank — Published card fee and reward schedules