The IndusInd Pinnacle Credit Card is designed for high-net-worth individuals seeking luxurious benefits and exclusive perks. This card offers extensive travel benefits, high reward rates, and access to an expansive network of airport lounges globally. In this detailed review, we explore the key features and benefits of the IndusInd Bank Pinnacle Credit Card to help you determine if it aligns with your financial and lifestyle needs.
Overview
| Feature | Details |
|---|---|
| Card Type | Premium Credit Card |
| Reward Rate | 2.5x reward points for every ₹100 spent online; 1.5x points on travel spends |
| Reward Value | 1 Reward point equals ₹1 (for cash credit) |
| Annual Fee | ₹14,999 + GST (one-time) |
| Unique Selling Points | Lounge access, golf privileges, luxury perks |
| Rating (out of 5) | 4.6 |
Welcome Benefits for IndusInd Pinnacle Credit Card
| Welcome Benefit | Details |
|---|---|
| Reward Points | 30,000 reward points on activation |
| Additional Benefits | Choice of welcome vouchers from Oberoi, BATA, Vero Moda |
Joining Fees for IndusInd Pinnacle Credit Card
| Fee Type | Details |
|---|---|
| Joining Fee | ₹14,999 + GST |
| Renewal Fee | NIL |
| Finance Charges | 3.83% per month (46% per annum) |
| Late Payment Fee | Ranges from ₹100 to ₹1,300 based on the outstanding balance |
Utility Payment Charges for IndusInd Pinnacle Credit Card
| Payment Type | Charges |
|---|---|
| Rent Payment | 1% fee using third-party apps like CRED, Paytm |
| Education | 1% fee using third-party apps |
| Utilities | No additional charges |
Membership Benefits of IndusInd Pinnacle Credit Card
The IndusInd Bank Pinnacle Credit Card offers a variety of premium benefits:
- Travel Benefits: 4 domestic and 8 International airport lounges through the Priority Pass program.
- Dining and Entertainment: Buy one get one free offer on BookMyShow movie tickets (up to 3 free tickets per month).
- Golf Benefits: 2 complimentary golf games and 4 complimentary golf lessons per month at select clubs.
- Auto Assist: Roadside repair, emergency fuel supply, flat tyre service, lost key assistance, battery service, emergency towing, accident management, and medical assistance.
- Insurance Coverage: Travel insurance including lost baggage, delayed baggage, loss of passport, lost ticket, missed connection, and personal air accident cover up to ₹25 lakh.
- Fuel Surcharge Waiver: 1% waiver on fuel surcharge at petrol pumps across India (transactions between ₹400 to ₹4,000).
Rewards from IndusInd Pinnacle Credit Card
| Spend Category | Reward Rate |
|---|---|
| Online Spends | 2.5 reward points for every ₹100 spent |
| Travel Spends | 1.5 reward points for every ₹100 spent |
| Other Spends | 1 reward point for every ₹100 spent |
| Reward Points Cap | No cap on reward points |
| Reward Value | 1 Reward point equals ₹1 (for cash credit) |
| Rewards Expire in | Do not expire |
Redemption of IndusInd Pinnacle Credit Card Points
Cardholders can redeem their reward points through various channels:
- Travel: Convert reward points to Vistara Points or InterMiles.
- Gift Vouchers: Redeem points for gift vouchers from leading brands.
- Merchandise: Choose from a range of products in the rewards catalog.
- Cashback: Convert points into statement credits (1:1 ratio).
Gift Vouchers Available
| Category | Brands |
|---|---|
| Shopping | Myntra, Amazon, Pantaloons, Levi’s, Lifestyle, Shoppers Stop, Westside |
| Electronics | Croma |
| OTA | MakeMyTrip, EaseMyTrip |
| Hotels | Oberoi Hotels, Taj Hotels, ITC Hotels |
| Cabs | Uber, Ola |
| Airline | Vistara, IndiGo, SpiceJet |
| Luxury Brands | Neiman Marcus, Gucci, Louis Vuitton |
| Merchandise | Apple, Samsung |
Airport Lounge Access with IndusInd Pinnacle Credit Card
| Access Type | Details |
|---|---|
| Domestic Lounges | 1 complimentary visit per quarter |
| International Lounges | 2 complimentary visits per quarter with Priority Pass |
| Add-on Cardholder Benefits | Same benefits as primary cardholder |
Airport Transfers with IndusInd Pinnacle Credit Card
The IndusInd Pinnacle Credit Card offers discounted luxury airport transfer services, providing convenience and comfort for frequent travelers. This service is subject to availability and requires prior booking through the IndusInd Bank concierge.
Forex Markup Fee for IndusInd Pinnacle Credit Card
| Fee Type | Details |
|---|---|
| Forex Markup Fee | 3.5% on all international transactions |
Eligibility for IndusInd Pinnacle Credit Card
To apply for the IndusInd Bank Pinnacle Credit Card, applicants must meet the following criteria:
- Age: 18 to 65 years old
- Occupation: Salaried or Self-employed
- Minimum Income (Salaried): ₹10 lakh per annum
- Minimum Income (Self-employed): ITR of at least ₹12 lakh per annum
How to Apply for the IndusInd Pinnacle Credit Card
Applying for the IndusInd Bank Pinnacle Credit Card is straightforward:
- Online Application:
- Visit the IndusInd Bank website.
- Click on the “Apply Now” button and fill out the required personal and financial information.
- Submit the necessary documents online as per the instructions.
- Offline Application:
- Visit the nearest IndusInd Bank branch.
- Request an application form for the IndusInd Bank Pinnacle Credit Card.
- Fill out the form with accurate details and attach the required documents.
- Submit the form at the branch and await approval.
Card Review
The IndusInd Bank Pinnacle Credit Card is an excellent choice for high-net-worth individuals and frequent travelers seeking luxury and exclusive privileges. With extensive travel benefits, high reward rates, and a multitude of lifestyle perks, it offers substantial value for those who demand the best in credit card benefits.
Rating: 4.6
- Overall Rating: 4.6
- Benefits: 4.5
- Fees: 4.5
- Customer Service: 4.8
Pros and Cons of IndusInd Pinnacle Credit Card
Advantages of the Credit Card:
- Extensive travel benefits, including global lounge access and elite hotel stays.
- High reward rates on online and travel spends.
- Comprehensive concierge services and premium membership perks.
Potential Drawbacks:
- High joining fee of ₹14,999 + GST.
- High finance charges on revolving credit.
Cards Similar to IndusInd Pinnacle
| Credit Card | Annual Fee | Reward Rate |
|---|---|---|
| HDFC Diners Club Black | ₹10,000 + GST | 10x points on select categories |
| SBI Card ELITE | ₹4,999 + GST | 2 reward points for every ₹100 spent |
| Axis Bank Magnus Credit Card | ₹10,000 + GST | 12 EDGE reward points for every ₹200 spent |
| Standard Chartered Ultimate Card | ₹5,000 + GST | 5 reward points for every ₹150 spent |
Comparison
- HDFC Diners Club Black offers exceptional reward rates and unlimited lounge access, making it a strong contender for international travelers.
- SBI Card ELITE provides good rewards on dining and entertainment with a more affordable annual fee, suitable for lifestyle benefits.
- Axis Bank Magnus Credit Card offers higher reward rates and extensive travel benefits with a more affordable annual fee.
- Standard Chartered Ultimate Card offers a balance of travel and lifestyle benefits with unlimited lounge access.
Relevant Links
To help our readers navigate our website and find additional relevant content, here are some internal links you might find useful:
For more detailed information about IndusInd Bank credit cards and other financial products, you can visit the official IndusInd Bank website.
FAQ
Q: What is the joining fee for the IndusInd Bank Pinnacle Credit Card? A: The joining fee for the IndusInd Bank Pinnacle Credit Card is ₹14,999 + GST.
Q: How can I earn reward points with the IndusInd Bank Pinnacle Credit Card? A: You can earn 2.5x reward points for every ₹100 spent online and 1.5x reward points for every ₹100 spent on travel.
Q: Does the IndusInd Bank Pinnacle Credit Card offer lounge access? A: Yes, the card offers 1 complimentary domestic lounge visit per quarter and 2 complimentary international lounge visits per quarter with Priority Pass.
Q: What is the forex markup fee for international transactions? A: The forex markup fee for international transactions is 3.5%.
Q: Are there any milestone benefits with the IndusInd Bank Pinnacle Credit Card? A: No specific milestone benefits are detailed, but the card offers high reward rates and various premium benefits.
Q: How do I apply for the IndusInd Bank Pinnacle Credit Card? A: You can apply for the IndusInd Bank Pinnacle Credit Card online through the IndusInd Bank website or offline by visiting the nearest IndusInd Bank branch.
Standard Chartered Ultimate Credit Card Features & Benefits
Benefits of Standard Chartered Ultimate Credit Card. Learn about its rewards, features and benefits, lounge access. Perfect for luxury seekers!
Product Brand: Card Review
4.7
Pros
- Unlimited complimentary access to domestic and international airport lounges.
- High reward rate of 5 points for every ₹150 spent.
- Comprehensive travel insurance and concierge services.
- Complimentary access to select golf courses and exclusive golfing events.
- 5% cashback on duty-free transactions.
- Lowest forex markup fee of 2%.
Cons
- High annual fee of ₹5,000 + GST.
- Limited Voucher Options.
- No milestone benefits.
Standard Chartered Ultimate Credit Card Features & Benefits
Benefits of Standard Chartered Ultimate Credit Card. Learn about its rewards, features and benefits, lounge access. Perfect for luxury seekers!
Product Brand: Card Review
4.7
Pros
- Unlimited complimentary access to domestic and international airport lounges.
- High reward rate of 5 points for every ₹150 spent.
- Comprehensive travel insurance and concierge services.
- Complimentary access to select golf courses and exclusive golfing events.
- 5% cashback on duty-free transactions.
- Lowest forex markup fee of 2%.
Cons
- High annual fee of ₹5,000 + GST.
- Limited Voucher Options.
- No milestone benefits.
