IndusInd Bank Pinnacle World Credit Card

Introduced for the discerning spender who prioritises luxury experiences, the IndusInd Bank Pinnacle World Credit Card, launched by IndusInd Bank, caters to those for whom excellence is a way of life. This premium Induslnd credit card, issued on the Mastercard network, offers a compelling combination of reward points, travel privileges, and lifestyle benefits designed to elevate your everyday and travel experiences.

Indulge in a truly luxurious travel experience with complimentary access to over 1200 airport lounges worldwide through the Priority Pass program, including two international and one domestic lounge visit every quarter. 

For online transactions, you’ll earn a lucrative 2.5 reward points for every Rs. 100 spent, while travel expenditures like airline tickets fetch you 1.5 reward points per Rs. 100. This premium card caters to those who appreciate the finer things in life, while still offering competitive rewards on everyday purchases.

Feed and Charges

Fee Type	Details
Renewal Fee	Nil
Finance Charges	3.83% per month (46% annually)
Cash Advance Fee	2.5% of the transaction amount (minimum Rs. 300)
Foreign Currency Markup	3.5% of the transaction amount
Over-limit Fee	2.5% of the over-limit amount (minimum Rs. 500)
Late Payment Fee	Ranges from Rs. 100 to Rs. 1,000 based on the outstanding balance
Returned Cheque Fee	Rs. 250 per returned cheque

Reward and Benefits

Feature	Details
Welcome Gift	Choose from a Luxe gift card, complimentary night stay at Oberoi hotels, or gift vouchers from brands like BATA and Titan.
Travel E-commerce Transactions	Earn 1.5 reward points per Rs. 100 spent.
Redemption	1 RP = Re. 1 for cash credit or 1 RP = 1 InterMile/1 Club Vistara Point for travel redemptions.
BookMyShow Offer	Buy 1 Get 1 Free on movie tickets, up to 3 complimentary tickets per month.
Dining Discounts	Avail exclusive dining offers.
Lounge Access	1 complimentary domestic lounge visit per quarter and 2 international lounge visits per quarter with Priority Pass.
Golf Privileges	4 complimentary golf lessons and 2 golf games per month.
Insurance Coverage	Rs. 25 lakhs air accident cover, plus additional travel insurance for lost baggage, passport, and more.
Fuel Surcharge Waiver	1% waiver on fuel transactions between Rs. 400 and Rs. 4,000.

Product Details

• Earn 2.5 reward points per Rs. 100 on e-commerce transactions, 1.5 reward points on travel e-commerce, and 1 reward point on other purchases.
• Choose from a Luxe gift card, complimentary stay at Oberoi hotels, or gift vouchers from brands like BATA and Titan.
• Buy 1 Get 1 Free on BookMyShow movie tickets, up to 3 complimentary tickets per month.
• Complimentary Priority Pass membership with 2 international lounge visits per quarter and 1 domestic lounge visit per quarter.
• 4 complimentary golf lessons and 2 complimentary golf games per month at selected courses in India.
• Rs. 25 lakhs for air accident cover, Rs. 1 lakh for lost baggage, Rs. 50,000 for lost passport, and more.
• 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000 across all fuel stations in India.

IndusInd Bank Pinnacle World Credit Card Advantages and Disadvantages

Advantages

1. High Reward Rate: Earn 2.5 reward points per Rs. 100 spent on e-commerce transactions.
2. Travel Perks: Complimentary Priority Pass membership with access to domestic and international lounges.
3. Movie and Dining Offers: Buy 1 Get 1 Free on movie tickets via BookMyShow and exclusive dining discounts.
4. Comprehensive Insurance: Coverage includes Rs. 25 lakhs air accident cover and travel-related insurance.
5. Fuel Surcharge Waiver: 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000.
6. No Renewal Fee: No annual renewal fee, making it cost-effective in the long run.

Disadvantages

1. High Joining Fee: The joining fee of Rs. 14,999 + GST is relatively high.
2. Redemption Cap: A maximum of 25,000 reward points can be redeemed per statement cycle.
3. Eligibility Criteria: A high-income requirement of Rs. 10 lakhs annually may not be accessible to all applicants.
4. Fee for Additional Lounge Visits: Priority Pass lounge visits beyond the complimentary ones are chargeable at $27 per visit.

IndusInd Bank Pinnacle World Credit Card: Features and Benefits

Here’s the content formatted into a table:

Welcome Benefit	– Luxe gift card worth Rs. 5,000 – Complimentary stay at Oberoi hotels – Gift vouchers from brands like BATA and Titan
Milestone Rewards	– 2.5 reward points per Rs. 100 spent on e-commerce transactions – 1.5 reward points per Rs. 100 spent on travel-related e-commerce – 1 reward point per Rs. 100 spent on other purchases
Travel Lounge Access	– Complimentary Priority Pass membership – 2 international lounge visits per quarter – 1 domestic lounge visit per quarter
Golf Benefits	– 4 complimentary golf lessons per month – 2 complimentary golf games per month at selected courses in India
Travel Insurance	– Air accident cover: Rs. 25 lakhs – Lost baggage cover: Rs. 1 lakh – Lost passport cover: Rs. 50,000 – Additional travel-related insurance
Forex Markup Fee	– 3.5% on international transactions
Fuel Surcharge Waiver	– 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000 across all fuel stations in India

IndusInd Bank Pinnacle World Credit Card Reward Offers

The IndusInd Bank Pinnacle World Credit Card offers lucrative reward opportunities across various categories, ensuring value and benefits for cardholders:

• E-commerce Transactions: Earn 2.5 reward points per Rs. 100 spent.
• Travel-related E-commerce Transactions: Earn 1.5 reward points per Rs. 100 spent.
• Other Purchases: Earn 1 reward point per Rs. 100 spent.
• Redemption Options:
  • Redeem reward points for cash credit at a rate of 1 RP = Re. 1.
  • Convert reward points to InterMiles or Club Vistara Points at competitive rates.
• Movie Benefits: Buy 1 Get 1 Free on BookMyShow movie tickets, up to 3 complimentary tickets per month.
• Dining Offers: Exclusive dining discounts at select restaurants.
• Additional Perks:
  • Enjoy fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000.
  • Comprehensive travel insurance coverage, including air accidents, lost baggage, and more.

IndusInd Bank Pinnacle World Credit Card Fees and Charges

Fee Type	Amount/Rate
Joining Fee	Rs. 14,999 + GST
Renewal Fee	Nil
Finance Charges	3.83% per month (46% annually) on the revolving credit
Cash Advance Fee	2.5% of the transaction amount (minimum Rs. 300)
Foreign Currency Markup Fee	3.5% of the transaction amount for international transactions
Late Payment Fee	Ranges from Rs. 100 to Rs. 1,000 based on the outstanding balance
Over-limit Fee	2.5% of the over-limit amount (minimum Rs. 500)
Returned Cheque Fee	Rs. 250 per returned cheque
Card Replacement Fee	Rs. 100 to Rs. 300 depending on the urgency
Statement Retrieval Fee	Rs. 100 per statement beyond the last 3 months
Cash Payment Fee	Rs. 100 per payment made in cash at branches
Fuel Surcharge Waiver	1% waiver on fuel transactions between Rs. 400 and Rs. 4,000 at all fuel stations in India

Welcome Benefits of IndusInd Bank Pinnacle World Credit Card

• Luxe Gift Card: Receive a Luxe gift card worth Rs. 5,000 upon joining, usable across various luxury brands.
• Complimentary Stay: Enjoy a complimentary night stay at Oberoi Hotels, renowned for its luxury hospitality.
• Brand Vouchers: Choose from a selection of gift vouchers from popular brands like BATA, Titan, Pantaloons, and more.

Travel Benefits Available on IndusInd Bank Pinnacle World Credit Card

• Priority Pass Membership: Enjoy complimentary Priority Pass membership, providing access to over 1,200 international airport lounges globally.
• Lounge Access: Receive 2 complimentary international lounge visits per quarter, allowing relaxation and comfort during international travels.
• Domestic Lounge Visits: Access 1 complimentary domestic lounge visit per quarter, ensuring a comfortable pre-flight experience at major domestic airports.
• Travel Insurance: Benefit from comprehensive travel insurance coverage, including:
  • Air accidents cover up to Rs. 25 lakhs.
  • Lost baggage covers up to Rs. 1 lakh.
  • Lost passport covers up to Rs. 50,000.
  • Additional travel-related insurance benefits for added peace of mind.

Why Choose the IndusInd Bank Pinnacle World Credit Card?

• Generous Rewards: Earn 2.5 reward points per Rs. 100 on e-commerce transactions and 1.5 points on travel bookings.
• Exclusive Benefits: Enjoy complimentary Priority Pass membership and access to international and domestic airport lounges.
• Luxury Welcome Offers: Choose from luxury gift cards, hotel stays, or brand vouchers upon joining.
• Comprehensive Travel Insurance: Includes air accident cover up to Rs. 25 lakhs and other travel-related protections.
• Golf Privileges: Receive complimentary golf lessons and games at select courses in India.
• Cost Savings: Benefit from a 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000.

IndusInd Bank Pinnacle World Credit Card: Terms and Conditions

• Interest Calculation: Interest is charged at 3.83% per month (46% annually) on unpaid balances.
• Minimum Payment: Minimum payment requirement of 5% of the total outstanding amount or Rs. 100, whichever is higher.
• Cash Advance Limits: A cash advance fee of 2.5% (minimum Rs. 300) is applicable on withdrawals, subject to cash advance limits.
• Foreign Transactions: Foreign currency markup fee of 3.5% on transactions made outside India.
• Credit Limit: Credit limit is determined based on income, credit score, and existing liabilities.
• Grace Period: Interest-free period of up to 50 days on retail purchases if the previous month’s outstanding balance is paid in full.
• Late Payment Charges: Late payment fees range from Rs. 100 to Rs. 1,000, depending on the outstanding amount and payment history.

Who Can Apply for the IndusInd Bank Pinnacle World Credit Card?

• Age Requirement: Applicants should be between 18 and 65 years of age.
• Income Criteria: A minimum annual income of Rs. 10 lakhs is required.
• Credit Score: Applicants should have a good credit score, typically above 750, reflecting responsible credit behaviour.
• Employment Status: Salaried individuals and self-employed professionals are eligible to apply.
• Existing Relationship: Having an existing relationship with IndusInd Bank, such as a savings account or other banking products, may strengthen the application.
• Geographical Limitations: The card is typically available to Indian residents and might have specific city-wise availability.

Documentation Needed for IndusInd Bank Pinnacle World Credit Card

Identity Proof:

• PAN Card (Permanent Account Number)
• Aadhaar Card
• Passport
• Voter’s ID Card

Address Proof:

• Passport
• Driving License
• Aadhaar Card
• Utility Bills (electricity bill, telephone bill, gas bill) not more than 3 months old
• Ration Card

Income Proof for Salaried Individuals:

• Latest salary slips (last 3 months)
• Form 16 (issued by employer)
• Bank statements showing salary credits (last 3 months)

Income Proof for Self-employed Individuals:

• Income Tax Returns (ITR) for the last 2 years
• Audited financial statements (Profit & Loss account, Balance Sheet) for the last 2 years
• Business continuity proof (like partnership deed, trade license, etc.)

Additional Documents:

Any other specific documents as requested by the bank for verification purposes

Passport-size photographs (typically 2 to 3)

Duly filled and signed application form provided by IndusInd Bank

Application Process for IndusInd Bank Pinnacle World Credit Card

• Online Application: Visit the IndusInd Bank website and navigate to the Pinnacle World Credit Card section.
• Fill Application Form: Complete the online application form with personal details and contact information.
• Choose Welcome Benefit: Select your preferred welcome benefit from options like luxury gift vouchers, hotel stays, or brand vouchers.
• Submit Documents: Upload scanned copies of required documents such as identity proof, address proof, and income proof.
• Application Review: The bank will review your application and documents submitted for eligibility and verification.
• Card Issuance: Upon approval, your IndusInd Bank Pinnacle World Credit Card will be issued and delivered to your registered address.

FAQs