If the best is what you demand, then the Pinnacle Credit Card from IndusInd Bank is for you. A luxurious credit card designed for those who seek excellence in every aspect of life.  

The IndusInd Bank Pinnacle Credit Cardis apt for individuals who value luxury and exclusive privileges. It offers a wide range of travel, lifestyle, and golf privileges. What’s more? The card offers substantial savings and high reward points, which makes it a valuable addition to your financial portfolio.

Read on to know more about the Pinnacle Credit Card by the IndusInd Bank and its unparalleled offerings. 

Features of the IndusInd Bank Pinnacle Credit Card

The IndusInd Bank Pinnacle Credit Card features will enhance your credit card experience with:

1.      Rewards Program

Earn significant reward points on every transaction. You get 2.5 reward points for every ₹100 spent on e-commerce transactions and 1.5 points on travel and airline transactions. That’s not all. Earn 1 point for every ₹100 on PoS, MoTo, IVR transactions, and standing instructions.

2.      Exclusive Welcome Gifts

Enjoy a range of premium welcome gifts when you apply for Credit Card. From vouchers for luxury hotels to branded merchandise and more, the card aims to upgrade your lifestyle from the very start.

3.      Insurance Coverage

This unique program protects you against unauthorised transactions in case of card loss or theft. This is applicable up to 48 hours before reporting the loss. In addition, you get protection against counterfeit fraud and an air accident coverage of up to ₹25 lakhs.

4.      Golf Privileges

Gain complimentary access to some of the top golf courses and clubs in India. Enjoy free golf games and lessons every month. This can help add a touch of luxury to your leisure activities.

5.      Travel Benefits

One of the significant features of the Pinnacle Credit Card is the access to over 700 airport lounges worldwide. Also, enjoy waivers on lounge usage charges outside India through the Travel Plus Programme. What’s more? You also get travel insurance for unforeseen incidents like lost baggage, delayed flights, and more.

6.      Concierge Services

Get access to a dedicated team available 24×7 to assist with a range of services. This can include flight bookings, hotel reservations, sports and entertainment bookings, and more.

7.      Auto Assist

Your Pinnacle Credit Card also helps you avail round-the-clock auto assistance services. This can include roadside repair, emergency fuel supply, flat tyre service, and more, to help make your journeys worry-free.

Benefits of Pinnacle Credit Car

Pinnacle Credit Card benefits make your financial transactions rewarding and help upgrade your lifestyle. Here’s how:

1.      High Reward Points

With high reward points on various spending categories, you can make sure you maximise every spend. This translates to significant savings since you can redeem these points for travel, shopping, or even cash credit.

2.      Lifestyle Privileges

The Pinnacle Credit Cardlets you enjoy exclusive lifestyle benefits. This can include luxury hotel stays, premium brand vouchers, and priority bookings. 

3.      Travel Advantage

Benefits, such as lounge access and concierge services, help make your travel experiences comfortable.

4.      Safety and Security

The Total Protect feature ensures your transactions are secure and provides peace of mind unlike any other.

5.      Complimentary Services

Pinnacle Credit Card benefits, such as golf games and complimentary movie tickets, help add value to your leisure activities.

Also Read: All You Need to Know About Travel Credit Cards

Conclusion

The IndusInd Bank Pinnacle Credit Card is a card that stands out with its luxurious features and extensive benefits. Whether it is for travel, lifestyle, or daily transactions, the card offers unmatched rewards and privileges to help elevate your financial life. 

Apply now for the Pinnacle Credit Card today and experience the pinnacle of financial luxury with IndusInd Bank!

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your 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.

Are you concerned about how much you are really paying in fees for your credit card? It is a fact that credit cards offer the convenience of cashless transactions, buy-now-pay-later options, and rewarding benefits. However, they also come with various fees that you must understand to manage your finances better.

Let’s break down the different credit card fees so you can make smarter financial decisions and get the most out of this useful tool.

Annual Fees

A credit card often comes with an annual fee, a charge that the bank imposes for the benefits, rewards, and privileges associated with the card. This fee varies widely depending on the type of card you hold. Usually, premium cards that offer extensive benefits have higher annual fees than cards offering standard features.

If you want to avoid joining and annual fees without compromising on features, you can consider the IndusInd Bank Platinum RuPay Credit Card. This lifetime free credit card comes with various additional benefits, like:

Apply for a credit card online today and get started with IndusInd Bank! Save yourself from unnecessarycredit card charges and enjoy exclusive benefits.

Interest Charges

Your bank generates a credit card statement each month and sets a fixed due date for payment. You must pay the full credit card bill to avoid interest charges. Making only a partial payment on your outstanding balance subjects you to interest charges. The interest rate, known as the Annual Percentage Rate (APR), may vary based on your card and creditworthiness.

Late Payment Fees

Paying your credit card bill after the due date results in a late payment fee. These fees can be substantial and might also lead to an increase in your APR. Repeated late payments can negatively impact your credit score, so it’s crucial to pay at least the minimum amount due on time.

Over-limit Fees

Some credit cards allow you to exceed your credit limit, but this comes with an over-limit fee. This is charged for the convenience of being able to spend beyond your approved limit, and it can be a fixed amount or a percentage of the over-limit amount.

Cash Advance Fee

Withdrawing cash using your credit card at an ATM is considered a cash advance. This typically incurs a cash advance fee, often a percentage of the withdrawn amount. These fees often come with higher interest rates than regular purchases and no grace period, which means the accruing of interest starts immediately.

Foreign Transaction Fee

When you use your card for international transactions or online purchases in a foreign currency, a foreign transaction fee may apply. This fee is usually a percentage of the purchase amount and can add up quickly for frequent international travellers. If you travel abroad frequently, choosing the IndusInd Bank Legend Credit Card is beneficial, as it offers a 1.8% discounted foreign currency mark-up.

Goods and Services Tax (GST)

In India, credit card transactions attract Goods and Services Tax (GST) on various fees, such as interest rates, annual fees, late payment fees, and processing charges. The tax is levied at a rate specified by the Ministry of Finance.

Also Read: The Role of Credit Cards in Personal Finance

Key Takeaways

By now, you must have understood that there are several types of charges associated with credit cards. Some of them include annual fees, interest charges, late payment fees, foreign transaction fees, cash advance fees, and over-limit fees. Understand these charges to make the most out of your credit card.

Consider the IndusInd Bank Platinum RuPay Credit Card to avoid unnecessary charges like annual and joining fees and enjoy extensive features. You can apply online and get instant approval, as the entire process is 100% digital and paperless!

Apply now!

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your 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.  

Are you thinking about getting your first credit card? This is a significant step towards shaping your financial future. To a first-time user, credit cards might seem intimidating, but with the right guidance, they can be incredibly beneficial. Let’s explore some essential rules to help you manage your credit card wisely and maximise its benefits.

1.    Understand Your Credit Limit

Your credit card limit is the maximum amount you can spend on your card. As a first-time user, it is essential to be aware of this limit and ensure you do not exceed it. Exceeding your credit card limit attracts penalties and affects your credit score negatively. Always aim at using only a portion of your credit limit, ideally below 30%, to maintain a good credit score and avoid accumulating unnecessary debt.

By keeping your spending as per your repayment potential, you show lenders you are a responsible credit user. This can help in securing loans and other credit facilities with better terms and conditions in the future.

2.    Assess Your Spending

Keeping close track of your spending is crucial for maintaining financial discipline. Periodically assess your credit card statements to understand where your funds are going. This habit helps stick to your budget and avoid overspending, which is crucial for new credit card users. By assessing your spending, you can figure out patterns, cut unnecessary expenditures, and ensure you are making the most out of your credit card’s benefits without dipping into debt.

3.    Pay Your Dues on Time

One of the most crucial credit card rules is to pay your bills in full and on time. Late payments can lead to hefty interest costs and late fees. In contrast, timely repayments have a positive impact on your credit score, which is vital for future credit opportunities.

Set up reminders or auto payments to make sure you never miss a due date. Making timely repayments not only saves you considerable money on interest but also helps build a positive credit score, making it simpler to avail loans and other – in the future.

4.    Utilise Credit Card Features

Understanding and leveraging your credit card features can enhance your financial experience. Many credit cards come with enticing features that can be extremely beneficial. For example, the IndusInd Bank Platinum RuPay Credit Card offers various enticing features. These include:

These features not only enhance your spending experience but also offer valuable rewards and savings. Ensure you read about your preferred credit card’s benefits and use them to your advantage. By leveraging these features, you can maximise the value you get from your card, whether through cashback, rewards, or other perks.

Also Read: How To Get a Lifetime Free Credit Card with No Annual Fee in India?

5.    Check The Fees and Charges

Credit cards often come with distinct fees and charges such as joining fees, annual fees, late payment fees, and foreign transaction charges. As a first-time user, it is crucial you are aware of such costs and account for them in your financial planning.

Knowing the fee structure of your card helps you avoid unanticipated charges and manage your finances better. Being mindful of such fees can also help you make better decisions about how and when to use your card.

Ending Note

Always be mindful of your credit card limit, pay your dues in full and on time, assess your spending pattern, leverage your card’s features, and be aware of the charges associated with the card. As a first-time credit card user, following these credit card rules can help you effectively manage your finances and build a positive credit record.

IndusInd Bank Platinum RuPay Credit Card can serve as a prudent card for first-time credit card seekers. Why? This is because this card offers unique features such as UPI-enabled transactions, reward points on UPI and non-UPI transactions, and fuel surcharge waivers.

So, if you are ready to take the plunge of opting for a new credit card, remember the rules and select a reliable card.

Apply now for the IndusInd Bank Platinum RuPay Credit Card online for a rewarding and smooth experience!

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your 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.