Credit cards have evolved into indispensable products in today’s financial landscape. They offer not only purchasing power but also a host of additional benefits, such as enhanced security features and rewarding perks. This improves the overall financial experience.

Among the range of credit cards available, the IndusInd Bank Legend Credit Card stands out as a prime choice. It offers lifetime free benefits with no joining or annual fees and a host of exclusive features that elevate your experience. Whether you are a frequent traveller, a foodie, a movie buff, or a shopaholic, you can apply for this credit card online and get rewards and privileges on travel, dining and lifestyle.

Key benefits of IndusInd Bank Legend Credit Card

IndusInd Bank offers benefits in multiple categories with the Legend Credit Card. Here is a breakdown of some of its key features and advantages:

Reward points

With the IndusInd Bank Legend Credit Card, you have the opportunity to earn 1 reward point for every ₹100 spent on weekdays and 2 reward points for every ₹100 spent on weekends.

Each reward point is valued at ₹0.75 in cash. For instance, if you spend ₹90,000 on a weekend, you redeemable for ₹1,350 in cash. (Note: Prices might change and hence it’s vital to check the price before redemption)

Unlock generous bonus points

The IndusInd Bank Legend Credit Card offers an exclusive bonus point benefit on spending ₹6 lakhs or more within 1 year from the date of issue. You have the opportunity to earn 4,000 bonus reward points. These points can be quite valuable, offering extra opportunities for redemption, including conversion to cash credit or utilisation in specific merchant categories. This feature significantly enhances the card’s value.

Travel and other benefits

The IndusInd Bank Legend Credit Card is designed to elevate your travel experiences to unprecedented heights.

With access to over 600 VIP airport lounges worldwide through the Priority Pass programme, you can relax and rejuvenate during layovers or flight delays. What’s more, the bank’s unique ‘Travel Plus’ programme provides you with an array of amenities to make your wait for connecting flights an absolute pleasure.

Additionally, the IndusInd Bank Legend Credit Card offers a 1.8% discounted foreign currency mark-up fee on international transactions, making your global adventures not only luxurious but also cost-effective.

Premium concierge services

The IndusInd Bank Legend Credit Card offers an exceptional concierge service, providing you with a dedicated team of highly efficient professionals accessible from anywhere in the world. This complimentary service goes above and beyond to assist with various aspects of travel and lifestyle.

Whether you need information, recommendations, or assistance for your upcoming trip, the concierge is there to help. They offer insights on travel destinations, weather, landmarks, and transportation options. They can seamlessly handle hotel reservations at top-notch establishments globally, as well as make flight arrangements to ensure you reach your desired destination hassle-free.

Moreover, the concierge extends its support to securing tickets for sports or recreational events, booking seats for workshops or seminars, and even arranging special gifts or flower deliveries worldwide.

Contactless payments

The IndusInd Bank Legend Credit Card is designed for unparalleled convenience, featuring chip-based contactless technology that ensures swift, secure, and hassle-free transactions in your everyday life. You can apply for this instant credit card online and effortlessly make payments at merchant locations that support contactless payments, enabling faster and more convenient day-to-day purchases.

It opens up a world of possibilities with access to over 10,00,000 merchant outlets within India and a staggering 30 million outlets globally that accept card payments. Beyond in-person shopping, you can also use this credit card for various online transactions, including booking movie tickets and flight tickets, and handling utility bill payments.

This card truly empowers you to embrace the digital age of banking and enjoy the freedom and flexibility it offers for your financial needs.

Conclusion

Experience the epitome of financial luxury as you apply for the prestigious IndusInd Bank Legend Credit Card and unlock exclusive access to a world of premium benefits. From unparalleled reward points and customized travel perks to concierge services that redefine convenience, this card offers a wealth of advantages tailored to your lifestyle. It ensures you enjoy the utmost financial sophistication and rewards. Apply now to embark on a truly exceptional financial experience.

Seize this opportunity to elevate your financial journey. Apply for an IndusInd Bank Legend Credit Card online today!

Disclaimer: The information provided in this article is intended for general informational purposes only. The content is based on the features and benefits of the IndusInd Bank Legend Credit Card. Please note that credit card terms, conditions, benefits, fees, and eligibility criteria may change over time, and it’s essential to verify the most up-to-date information directly from the official sources of IndusInd Bank or their authorised representatives before making any financial decisions or applying for a credit card.

The prospect of maximising savings with each credit card swipe is more attainable than you might think. By understanding the mechanisms at play and aligning your financial behaviour with the incentives offered by credit card providers, you can strategically create a situation where each transaction becomes a step toward enhanced savings.

If you are looking for smart ways to maximise savings while enjoying the convenience of credit cards, you must strategically channel your spending and use the benefits offered. Credit cards offer a host of benefits beyond their primary function, and when used wisely, they can help you save substantially. Let us explore how you can save more every time you swipe your credit card.

How can you save money using credit cards?

Apart from offering convenient payments, credit cards provide numerous offers and benefits that you can utilise to save more on your transactions. Thus, a credit card can be your financial ally in several ways.

Reward points

When you use your credit card for everyday expenses, you earn reward points on your purchases. This is like getting a discount every time you swipe. IndusInd Bank Credit Cards, in particular, offer never-expiring reward points in various categories, such as dining, travel, fuel, shopping, entertainment, and more. You earn reward points on each of your expenses and can later redeem them for exclusive discounts.

Merchant discounts

In addition to reward points, several credit cards provide discounts and offers at various merchants and brands. For instance, the IndusInd Bank EazyDiner Credit Card comes with exclusive dining offers across 2,000+ restaurants, offering up to 50% discounts on dining bills. You also get a 1-year EazyDiner Prime Membership worth ₹2,495 and complimentary domestic airport lounge access twice a quarter, including travel and entertainment offers.

Interest-free period

Credit cards come with an interest-free period, usually up to 50 days from the date of purchase. By paying off your card balance in full before the due date, you can avoid paying any interest, making your purchases effectively interest-free.

EMI options

Many credit cards, including those from IndusInd Bank, allow you to convert big purchases into manageable monthly instalments. Converting your large credit card purchases into EMI payments can help you avoid the burden of a one-time expense and maintain your financial stability.

Strategies to save money using a credit card

1) Choose the right card

Start by selecting a credit card that aligns with your spending habits and preferences. IndusInd Bank offers a range of credit cards, including lifestyle, travel and dining cards. By choosing the one that suits your needs, you can maximise your savings with credit cards.

One of the most popular credit cards in the rewards and discount segment is the IndusInd Bank Aura Edge Credit Card. It not only offers rewarding benefits but also lets you convert your rewards points into air miles, instant discounts and redemption against card dues. Earn up to 4 Saving Points on every ₹100 spent in various categories, such as shopping, bill payments, travel, home and dining. The innovative contactless payment feature on this card will offer you an enhanced shopping experience.

2) Avail welcome offers

Many credit cards come with attractive welcome offers. These can include bonus reward points, cashback or vouchers, giving you an instant advantage. Never miss on such offers as they can prove to be great for your saving goals.

3) Keep an eye on special promotions

Credit card providers frequently introduce limited-time promotions and discounts. Check IndusInd Bank Credit Card offers regularly to seize these opportunities.

4) Utilise reward points

Every time you swipe your IndusInd Bank Credit Card, you earn reward points. These points can be redeemed for a variety of benefits, including flight tickets, hotel stays, or shopping vouchers. This is a fantastic way to make your regular expenses work for you.

For instance, the IndusInd Bank Legend Credit Card offers you 1 reward point for every ₹100 spent on weekdays and 2 points during the weekends. You can redeem these points anytime to get attractive discounts and even pay for your credit card bills. Additionally, the bank also offers 4,000 points as a bonus reward for spending more than ₹6 lakhs per year. Explore IndusInd Bank Legend Credit Card now!

Things to keep in mind while using a credit card

While credit cards offer numerous opportunities to earn rewards and save more, uncontrolled use may push you into paying higher charges. To ensure that you save more and avoid common pitfalls, remember these tips:

• Pay your bills on time: Timely payments not only save you from hefty interest charges but also positively impact your credit score.
• Monitor your expenses: Keep an eye on your monthly spending. This will help you budget effectively and prevent overspending.
• Avoid minimum payments: Paying only the minimum due amount can lead to a cycle of debt. Strive to clear your entire outstanding balance each month.
• Read the fine print: Familiarise yourself with the terms and conditions of your credit card, especially regarding interest rates, fees and rewards. This knowledge will empower you to make informed decisions.

Knowing how to use your credit card responsibly will not only help you avoid unwanted charges but also boost your savings every time you use your card.

In a nutshell

In addition to payments, your credit card can be ideal for saving money when used judiciously. By choosing the right card, staying updated on offers, and practising responsible credit card usage, you can enjoy the convenience of cashless transactions while accumulating significant savings.

Remember, applying for a credit card, especially an instant credit card, is easier than ever with IndusInd Bank’s online application process. You can avoid the hassles of long approval processes with the bank’s 100% digital and paperless application process. Enjoy enhanced savings each time you swipe your card. So, why wait? Apply for an IndusInd Bank Credit Card online today,

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.

In the realm of personal finance, the choices available to consumers can sometimes be overwhelming. Two common financial tools that individuals often contemplate are credit cards and personal loans. Both serve as valuable resources, yet they operate in distinct ways. In this comprehensive exploration, we will dissect the differences between credit cards and personal loans, helping you make informed decisions about your financial strategy. 

Credit Cards: The Flexible Credit Companion 

Credit cards are synonymous with financial flexibility. Essentially, a credit card provides a revolving line of credit that users can access up to a predetermined limit. The key feature is the ability to make purchases and repay the borrowed amount over time. Here are some key aspects that distinguish credit cards: 

1. Revolving Credit: Credit cards offer a revolving credit facility, allowing users to borrow, repay, and reborrow within their credit limit. This flexibility is particularly advantageous for managing day-to-day expenses. 

2. Interest on Unpaid Balances: If the full balance is not paid by the due date, interest is charged on the outstanding amount. The interest rates on credit cards can be relatively high, making it crucial for users to manage their balances wisely. 

3. Rewards and Perks: Many credit cards come with reward programs, cashback offers, and other perks. These can range from travel benefits to discounts on specific purchases, adding an extra layer of value for cardholders. 

Personal Loans: A Structured Financial Solution 

On the other hand, personal loans offer a more structured approach to borrowing. When you take out a personal loan, you receive a lump sum amount upfront, and you’re required to repay it in fixed monthly installments over a predetermined period. Let’s delve into the distinctive features of personal loans: 

1. Fixed Repayment Plan: Personal loans are approved with a fixed repayment plan or structure. This fixed structure ensures that borrowers know exactly how much they need to repay each month, simplifying budgeting. 
    

2. Fixed Interest Rates: Unlike credit cards, personal loans often have fixed interest rates. This means the interest rate remains constant throughout the loan term, providing predictability in repayment amounts. 

Detailing the Difference Between the Two! 

1. Interest Rates: Credit cards usually have higher interest rates compared to personal loans. If you anticipate carrying a balance, a personal loan might offer a more cost-effective solution due to its lower interest rates. 
    

2. Flexibility vs. Structure: Credit cards provide flexibility in managing day-to-day expenses, while personal loans offer structured financing for specific purposes. The choice depends on your financial needs and preferences. 
    

3. Credit Score Impact: Both credit cards and personal loans can impact your credit score. Timely payments positively affect your credit history, while late or missed payments can have adverse effects. 

Conclusion 

Understanding the distinctions between credit cards and personal loans is vital for making informed financial decisions. While credit cards provide flexibility and rewards, personal loans offer structure and lower interest rates for specific purposes. Whether you opt for the flexibility of a credit card, or the structured approach of a personal loan depends on your financial goals and preferences. In this landscape, IndusInd Bank’s suite of credit cards caters to diverse needs, offering a blend of flexibility and value to enhance your financial journey. 

Apply Now 

 
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. 

Ever looked at your credit card bill and felt momentarily relieved seeing a small amount labeled “Minimum Amount Due”? While it may seem like a breather when you’re low on funds, there’s more to this figure than meets the eye. Let’s decode what the minimum amount due actually means, how it affects your finances, and how you can manage your payments wisely.

This is the smallest sum you need to pay to keep your credit card account in good standing. It’s usually a small percentage—often around 5%—of your total outstanding balance. While paying this amount can help you avoid penalties like late fees, it doesn’t clear your full dues. The remaining balance continues to attract interest, sometimes at high rates.

How to Calculate the Minimum Amount Due in Credit Card?

The calculation typically goes like this:

• Take 5% of your total outstanding balance.
• Add any EMI installments, past due amounts, or late fees, if applicable.

Let’s say your total bill is ₹30,000. Your minimum due might be around ₹1,500 (5% of ₹30,000). But if you had an EMI of ₹500 and a past due amount of ₹300, then your minimum due would be ₹2,300.

Why is it Important? 

Avoiding Late Fees

Timely payment of the minimum amount due prevents incurring late fees, safeguarding your financial standing. Late payments not only trigger financial penalties but can adversely impact your credit score. 

Credit Score Impact

Paying only the minimum may avert immediate penalties, but carrying forward a balance incurs interest, which will lead to potentially harming your credit score over time if not paid on time. 

Interest Accumulation

Credit cards often bear high-interest rates; paying only the minimum exposes you to considerable interest charges. This can lead to a snowball effect, significantly increasing your overall debt. 

Tips for Managing Credit Card Bills 

Pay More than the Minimum Due

Strive to exceed the minimum amount due whenever feasible. This not only diminishes overall interest but expedites debt repayment. 

Budget Wisely

Establish a comprehensive budget to manage expenses effectively. This not only helps prevent debt accumulation but also enables you to comfortably surpass the minimum payment. 

Understand Terms and Conditions

Familiarize yourself with your credit card’s terms, especially regarding interest rates and fees. This knowledge empowers informed financial decisions. 

Wrapping Up: Smart Spending, Smarter Repayment

While the minimum amount due might appear as a safety net, relying on it regularly can cost you a lot more in the long run. Use it only when necessary, and aim to clear your entire balance whenever possible. Responsible credit card usage not only keeps your debt in check but also boosts your financial credibility over time.