About CRED IndusInd Credit Card
The CRED IndusInd Credit Card is CRED's first co-branded credit card, issued in collaboration with IndusInd Bank through the RuPay network. It was launched in 2025 and is aimed at users who spend a lot of money on online shopping, CRED ecosystem transactions, and UPI payments. It provides accelerated CRED Points (redeemable within the CRED app) with no joining fee and a low annual fee beginning the second year.
This card stands out for its simple 5% rewards on online purchases without strict merchant restrictions, making it a viable option for those dissatisfied with devaluations on other cashback cards.
How to Apply for the CRED IndusInd Credit Card Online?
- Click APPLY NOW
- You will be taken to the Credit Cards Application page
- Before you start, keep these ready: PAN card, Aadhaar card, and a blank piece of paper for signature
- Also, sit in a quiet place with no background noise and without help from another person; otherwise, your application may get rejected
- To begin, you may be asked to enter your name, email, mobile number, and PAN card to fetch your CIBIL score
- Complete your online KYC, then submit the form
- You will get a reference number to track your application
- Once your card is approved, you will be notified by SMS or email.
Fees and Charges
- Joining Fee: Nil
- Annual Fee: ₹499 + applicable taxes (First year free; ₹499 + GST from the 2nd year onwards)
- Annual Fee Waiver Spends: NA
- Forex Markup Fee: 3.5%
Welcome and Milestone Benefits
- Welcome Benefits: New users primarily benefit from the first-year fee waiver and immediate access to the rewards structure.
- Milestone Benefits: NA
Cashback and Rewards
- Card Type: Entry-level / Co-branded RuPay Credit Card
- Card Network: RuPay
- Best For: Heavy online shoppers, CRED app users, and those who make frequent UPI Scan & Pay transactions
- Cashback/Rewards on Online Purchases: 5 CRED Points per ₹100 spent on e-commerce websites, CRED Pay, CRED Travel, CRED Store, and CRED UPI spends
- Cashback/Rewards on Offline Purchases: 1 CRED Point per ₹100 on offline spends and international transactions
- Maximum Cashback per Statement Cycle: 5,000 CRED Points on 5x categories (capped); additional 500 points cap per month on CRED UPI Scan & Pay
- Rewards Redemption Options: Redeem CRED Points inside the CRED app. 1 CRED Point = ₹1 value on flights/hotels via CRED partners (e.g., ixigo, Expedia), CRED Store purchases, and select CRED Pay merchants. 1 Point = ₹0.50 on credit card/utility bill payments via CRED.
Note: CRED Points are distinct from CRED Coins. Rewards are ecosystem-focused, so maximum value comes from using them for travel or shopping within CRED.
Lounge Access
- Domestic Lounge Access: NA
- International Lounge Access: NA
Category Spend Benefits
- Online Shopping: 5 CRED Points per ₹100
- Food and Grocery: Covered under general online/offline rates (no special accelerated rate)
- Travel Booking: 5x via CRED Travel
- Utility Bill Payments: 1 CRED Point per ₹100 (when paid via CRED app)
- UPI Payment (Scan & Pay): 1 CRED Point per ₹100 via CRED Scan & Pay (capped at 500 points/month); 5x on CRED UPI gateway spends
- Fuel: 1% surcharge waiver (up to ₹300/month); base 1% rewards
- Insurance Payment: 1 CRED Point per ₹100 (via CRED)
Excluded Categories
- All Excluded Categories: Government payments, education fees, rent payments, fuel (beyond waiver), real estate, and standard restricted MCCs (merchant category codes). No rewards on these.
Why Choose CRED IndusInd Credit Card?
This card is ideal if you already use the CRED app for bill payments, travel, or shopping. In 2026, 5% rewards on broad online spends (across 10,000+ e-commerce sites) without category restrictions will be competitive. It also allows you to link to UPI and make credit-powered payments while earning rewards.
Additional benefits include IndusInd Bank's Total Protect insurance (which covers lost/stolen cards and fraud up to your credit limit) and seamless redemption within the CRED ecosystem. It's simple, digital-first, and ideal for users who want to earn rewards without having to manage multiple cards.
Who is eligible for the CRED IndusInd Credit Card?
- Age: Typically 18–60 years (varies; some sources say 21+ for primary holders)
- Income: Steady source of income required (salaried or self-employed); minimum monthly income around ₹20,000–₹25,000 for approval chances
- Credit Score: Good credit score preferred (750+ recommended for better limits)
- Employment: Salaried or self-employed individuals
- Other: Valid PAN, Aadhaar, and KYC documents. CRED users with high credit scores on the platform may get priority invites or faster approval.
Is the CRED IndusInd Credit Card worth applying for?
Yes, if:
- You do significant online shopping and value 5% returns redeemable for travel/shopping.
- You're already in the CRED ecosystem and pay bills/utilities there.
- You want a low-fee RuPay card that supports UPI credit payments.
Maybe not, if:
- You travel frequently and need lounge access (this card doesn't offer it).
- You prefer unrestricted cashback or statement credits over app-specific points.
- You make heavy spends on excluded categories like rent, education, or government payments.