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Independent card analysis

IndusInd Nexxt Credit Card

IndusInd Bank · Mastercard · Premium card

It is a niche option for customers who value its premium welcome package and want no recurring card fee.

Best suited to

IndusInd customers who can use the premium welcome voucher and prefer a zero-renewal-fee card.

Authored and reviewed by GainFair
Terms checked 24 Sept 2026
Annual fee
₹0 + GST
Joining fee
₹10,000 + GST
Base reward rate
0.5%
Forex markup
3.5%

Reward rates by spending category

Published catalogue rates before caps and merchant-category exclusions.

CategoryRecorded rate
Online shopping
0.5%
Groceries & essentials
0.5%
Dining & delivery
0.5%
Travel & hotels
0.5%
Bills & utilities
0.5%
Beauty & wellness
0.5%
Entertainment & movies
0.5%
Education & family
0.5%
Healthcare & pharmacy
0.5%
Subscriptions & streaming
0.5%
Offline store shopping
0.5%
International spending
0.5%
Gold & jewellery
0.5%
Insurance premiums
0.5%
Other miscellaneous
0.5%
Fuel & commute
0%
House rent
0%

Caps and fee waiver

Reward caps
No general cap recorded
Annual fee waiver
No waiver recorded
Monthly income requirement
Not listed

Airport lounge access

No complimentary airport lounge access recorded

Movies and entertainment

BookMyShow · Buy one, get one · up to ₹200 · 2 uses/month

Availability: Up to two eligible BookMyShow BOGO discounts each calendar month, capped at ₹200 per free ticket..

Benefit details

Benefits & conditions

Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.

Rewards and cashback · 4 items

  • Eligible retail reward points

    Usage-based value

    One reward point per ₹150 on eligible retail purchases.

    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Interactive card buttons allow eligible POS payment by credit, reward points or EMI

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗

  • One reward point per ₹150 on eligible purchases

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Interactive POS buttons for credit, rewards or EMI payment

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗
Fees · 2 items

  • Annual card fee

    Recorded value ₹-0

    ₹0 annual fee before applicable tax.

    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Joining fee

    Cost ₹10,000

    ₹10,000 one-time joining fee before applicable tax.

    Status: verifiedReviewed: 2026-09-24Official source ↗
Welcome benefits · 2 items

  • Plan-dependent welcome gift choice

    Shown without a cash value

    Select joining-fee plans may include a choice from the current gift inventory; no guaranteed cash-equivalent value is assigned.

    Conditions: Pay the applicable joining fee · Eligible gift inventory and plan applicability are determined by IndusInd at fulfilment

    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Select joining-fee plans may offer a choice of welcome gift; inventory and plan applicability vary, so no guaranteed value is assigned

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗
Movies and entertainment · 1 item

  • BookMyShow movie offer

    Usage-based · up to ₹4,800

    Buy one, get one offer up to ₹200, 2 times per month. Up to two eligible BookMyShow BOGO discounts each calendar month, capped at ₹200 per free ticket.

    Status: verifiedReviewed: 2026-09-24Official source ↗
Insurance and protection · 3 items

  • Lost baggage ₹1 lakh and delayed baggage ₹25,000

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Passport loss ₹50,000, ticket loss ₹25,000 and missed connection ₹25,000

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗

  • Total Protect card-loss and counterfeit-fraud cover up to the assigned credit limit

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗
Foreign-currency charges · 1 item

  • Foreign-currency markup

    Usage-based value

    3.5% foreign-currency markup before applicable tax.

    Conditions: Applies to eligible foreign-currency transactions

    Status: verifiedReviewed: 2026-09-24Official source ↗
Eligibility and availability · 1 item

  • Application eligibility

    Shown without a cash value

    Application availability: open. No universal verified numeric income threshold is used as a hard filter. IndusInd Bank does not publish a universal numeric income threshold for Nexxt.

    Status: verifiedReviewed: 2026-09-24Official source ↗
Other benefits · 1 item

  • 1% fuel-surcharge waiver on eligible ₹400-₹4,000 fuel purchases; no numeric cap is published on the reviewed product page

    Shown without a cash value
    Status: verifiedReviewed: 2026-09-24Official source ↗
Other categories (10)

These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.

What stands out

  • ✓ One reward point per ₹150 on eligible purchases
  • ✓ Two BookMyShow buy-one-get-one discounts monthly, each capped at ₹200
  • ✓ Interactive POS buttons for credit, rewards or EMI payment
  • ✓ No renewal fee after the one-time joining fee

What to watch

The ₹10,000 joining fee is substantial. Welcome gift inventory depends on the selected fee plan and is not assigned cash value; former Priority Pass, concierge, golf and Auto Assist benefits ended in 2021.

Recorded exclusions

Fuel Commute · Rent · Cash withdrawal · Fees charges

How GainFair evaluates this card

The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.

Ask the advisorApply ↗Read the methodology
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Terms tracker

Card change history

Material changes verified against dated issuer notices. Effective dates can differ from announcement dates.

  1. Value reduced

    Monthly cash-redemption cap introduced

    Cash-credit redemption became limited without changing how points are earned.

    Before
    The current monthly cash-redemption ceiling did not apply.
    After
    No more than 2,500 points may be redeemed for cash credit per calendar month.
    Checked 24 Sept 2026IndusInd reward redemption update ↗
  2. Value reduced

    Premium service benefits discontinued

    IndusInd discontinued the former Priority Pass, Travel Plus, concierge, golf and Auto Assist package on Nexxt.

    Before
    The card included the former premium-service package.
    After
    Those services are not current card benefits and are excluded from recommendations.
    Checked 24 Sept 2026IndusInd discontinued-benefits FAQ ↗

Issuer sources

Open the sources used for this card's product details, rewards, fees and eligibility.

Product, Eligibility ↗Rewards ↗Fees ↗Change notice ↗Change notice ↗Change notice ↗Change notice ↗

Sources checked 24 Sept 2026 · Latest recorded change effective 1 Sept 2024