Home Credit Card IndusInd Financial institution Tiger Credit score Card Overview – CardExpert

IndusInd Financial institution Tiger Credit score Card Overview – CardExpert

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IndusInd Financial institution Tiger Credit score Card Overview – CardExpert

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IndusInd Bank Tiger Credit Card Review

IndusInd Financial institution and Tiger Fintech (Bajaj Capital Group firm) not too long ago launched the IndusInd Financial institution Tiger Credit score Card, a Lifetime FREE co-branded bank card that runs on Visa (Signature) platform.

With accelerated rewards, low foreign exchange markup charge and rather more, it’s definitely a card that you simply may need to discover if want to take pleasure in premium bank card advantages for free of charge, because it’s a brand new and noteworthy lifetime FREE bank card within the nation.

Right here’s every little thing you want to know concerning the IndusInd Financial institution’s Tiger Credit score Card intimately:

Overview

Sort Premium Credit score Card
Reward Charge Upto ~5%
Annual Price Lifetime Free
Greatest for Accelerated Rewards
USP Switch to Airmiles at 1:1.2

On a fast look, one may assume that it’s a entry-level card due to it being Lifetime free however if you look nearer, it acts each as an entry-level card and likewise a premium journey bank card on excessive spends.

With advantages like accelerated rewards that provides the next reward price with airmiles switch, entry to home & worldwide lounges amongst others, it’s a hidden gem for some.

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*** The Hidden Gem of 2023 ***

Charges

Becoming a member of Price Nil (Lifetime Free)
Renewal Price Nil (Lifetime Free)

It’s fairly a shock to see that IndusInd Financial institution and Tiger Fintech are beneficiant to supply a Lifetime Free Credit score Card with advantages that may match a premium bank card.

Design

IndusInd Tiger Credit Card Design

Seems to be just like the designer is impressed with Federal Financial institution bank cards, as they’ve related design however happily it’s not a replica paste like with HDFC Infinia’s new design.

Nonetheless, it appears to be like neat and easy and the dotted parts definitely appears to be like good.

It’s attention-grabbing to see that even the title has been moved to the bottom of the cardboard on this IndusInd Tiger Card and I see this occurring with different bank card issuers as properly as of late.

Rewards

SPEND SLAB Rewards / 100 INR
<= 1L INR 1
1L INR – 2.5L INR 2
2.5L INR – 5L INR 4
>5L INR 6
  • Exclusions: gas, utility invoice funds , insurance coverage premium , authorities companies, Instructional Institutes, Actual Property and rental funds
  • 1 Reward Level = 1.2 (Airmiles)
  • 1 Reward Level = ₹ 0.40 (Money credit score/Indus Moments)
  • Redemption Price: 100 INR+GST

If you happen to’re into Airmiles and have the behavior of redeeming Vistara CV factors for Vistara Enterprise Class (or) even tickets on premium financial system/financial system, then you definately would shortly fall in love with this card as you get fantastic return on spend for Airmiles switch by transferring the factors to Vistara at 1:1.2

As of now solely Intermiles (overlook it) & Vistara (good) are a part of the airmiles switch program and probabilities of British Airways making it to the checklist is kind of a chance as IndusInd Financial institution not too long ago tied up with BA/Qatar for Avios Credit score Card in India.

Airport Lounge Entry

ACCESS TYPE VIA LIMIT GUEST ACCESS
Home Lounge Entry Visa 2/Qtr
Worldwide Lounge Entry Precedence Cross 2/Yr

Be aware that IndusInd Financial institution’s Lounge Entry program is relatively higher because it covers nearly all lounges in India, so 2/qtr is an effective restrict.

And it’s a world marvel to see complimentary entry by way of Precedence Cross on a Lifetime Free bank card particularly when it’s issued by IndusInd Financial institution that typically offers low entry limits even on paid tremendous premium playing cards.

Foreign exchange Markup Price

  • Foreign exchange Markup Price: 1.5%+GST = 1.77%
  • Reward price on Intl. Spends: Identical as home (differs with spend)
  • Web acquire: ~3% (acquire, assuming spends are over 5L p.a.)

Whereas the reward price could be too low when spends are low, it may be fairly enticing when spends are over 5L, as you get accelerated rewards past 5L spend.

Film Profit

  • Complimentary film ticket upto 500 INR on bookmyshow (not Buy1 Get1)
  • One ticket each 6 months in a calendar yr.

This film profit is much like the certainly one of Eazydiner Credit score Card besides that it’s not that profitable. But that’s 1000 INR worth yearly, which I believe is respectable for a lifetime free card.

Fingers-on Expertise

IndusInd Tiger card experience

Whereas I don’t have the Tiger Card, it was utilized for one of many member of the family and it took a bit to reach, because it was new again then.

However after little over 2 months of utilization on it, I can safely say that the factors are getting credited easily as per the slab.

In-fact the Tiger bank card assertion exhibits the bifurcation of the reward factors earned as per the slab. Right here’s a fast take a look at factors assertion, on whole spends of ~1.5L INR.

reward points earned - tiger card statement

That is such a beautiful characteristic to have, because it avoids all of the confusion on how the factors have been earned. Sensible work by IndusInd Financial institution in making it clear.

That apart, I’ve simply initiated a factors switch at present to Vistara by means of IndusMoments portal which went by means of easily and the t&c asks to attend for 15 days for the fulfilment.

How you can Apply?

IndusInd Financial institution Tiger Credit score Card may be utilized on-line (or) can as properly be utilized offline by means of department.

I might ideally recommend making use of on-line, as you could be conscious that offline purposes takes fairly a very long time with IndusInd financial institution, so long as 1 month generally.

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Be aware that in case you’re in a tier-3 metropolis, you should still have to go the department, as solely metro cities and the close by tier-2 cities are a part of the web software system.

Backside line

General IndusInd Financial institution Tiger Credit score Card is an excellent card that may be very helpful for many who don’t desire to pay excessive annual charges to take pleasure in larger rewards and way of life advantages. It’s nearly as good as a premium bank card regardless that it’s issued as a Lifetime Free card for the time being.

So trying on the means issues are, the cardboard may-not stay the identical for a very long time, in order you could know by now,

Make hay whereas the solar shines!

Do you have got IndusInd Tiger Credit score Card? Be happy to share your ideas & experiences within the feedback beneath.

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