IndusInd Bank Tiger Credit Card
Fees
Free
Joining & Annual 1st Year FreeReward Rate
Tier-based annual spending reward structure: 1 reward point per ₹100 spent on annual spends up to ₹1 Lakh; 2 reward points per ₹100 spent on annual spends between ₹1 Lakh and ₹2.5 Lakh; 4 reward points per ₹100 spent on annual spends between ₹2.5 Lakh and ₹5 Lakh; 6 reward points per ₹100 spent on annual spends above ₹5 Lakh
Welcome Bonus
N/A
Lounge Access
Domestic + International (Spend-Based)
FindMyCard Expert Take
IndusInd Tiger rewards high annual spenders well: the tiered structure climbs from 1 point per ₹100 up to 6 points per ₹100 once you cross ₹5 lakh for the year, a 7.2% equivalent return at the top tier. It's a free card with real premium perks (lounge access, golf, 1:1 mile conversion), but you need to spend consistently to reach the best rate.
Pros & Cons
Key Advantages
- Lifetime free, with no ongoing annual fee
- 1.5% forex markup
- Reward rate climbs to a 7.2% equivalent return once you cross ₹5 lakh in annual spend
- Domestic and international lounge access, plus seasonal golf access
- Points convert to airline miles at up to a 1:1 ratio
Limitations
- Requires ₹5 lakh in annual spend to reach the top 6X reward point multiplier
- Core daily household categories such as regular monthly utility bill payments and insurance premium outlays are entirely excluded from generating points
- Low cash conversion reward redemption value if points are settled straight back as a standard statement balance credit
Editorial Verdict
The IndusInd Bank Tiger Credit Card is ideally suited for spend-based milestone rewards, low forex international spends, and air mileage redemptions. If you want tier-based annual spending reward structure: 1 reward point per ₹100 spent on annual spends up to ₹1 lakh; 2 reward points per ₹100 spent on annual spends between ₹1 lakh and ₹2.5 lakh; 4 reward points per ₹100 spent on annual spends between ₹2.5 lakh and ₹5 lakh; 6 reward points per ₹100 spent on annual spends above ₹5 lakh, this card delivers real value. The free is easily offset by the card's perks if you use it regularly. You'll generally need Good (700+) credit to be approved.
Key Perks & Spending Milestones
1 reward point accrued for every ₹100 spent on incremental annual retail outlays up to a cumulative ₹1 Lakh benchmark (1.2% equivalent value back rate)
2 reward points accumulated for every ₹100 spent on incremental annual retail outlays bounded between the ₹1 Lakh and ₹2.5 Lakh thresholds (2.4% equivalent value back rate)
4 reward points generated for every ₹100 spent on incremental annual retail outlays bounded between the ₹2.5 Lakh and ₹5 Lakh milestones (4.8% equivalent value back rate)
6 reward points generated for every ₹100 spent on incremental annual retail outlays expanding beyond the primary ₹5 Lakh threshold (7.2% maximum equivalent value back rate)
Standard redemption value baseline where 1 Reward Point = ₹0.40 when settled straight against Cash Credit or partner catalog options
1 Reward Point converts to 1 Air India Maharaja Club Point, a clean 1:1 redemption
Global air mileage conversion alternative tracking at 400 Reward Points = 100 KrisFlyer Miles (Singapore Airlines)
2 complimentary domestic airport lounge terminal access visits across India per calendar quarter
Complimentary Priority Pass membership tracking with up to 2 free international airport lounge terminal access visits per calendar year
1 complimentary golf game or professional instructional golf lesson managed globally per calendar quarter
Buy One Get One Free movie ticket configuration accessible via BookMyShow providing 1 free ticket worth up to ₹500 off every 6 rolling months within the calendar year
Unlimited 1% fuel surcharge waiver shield protection covering all authorized petroleum pump transactions bounded between ₹400 and ₹4,00,000
Dedicated 24/7 personal Concierge Services managing pre-trip assistance, hotel arrangements, flight updates, and global flower/gift delivery lines
Built-in Auto Assist roadside coverage protecting accounts against emergency on-road repairs, flat tire assistance, battery jump-starts, and recovery logistics
🚀 Milestone Spends Timeline
Spend above ₹5,00,000 within the card anniversary cycle to activate the 6X reward multiplier
Fees & Charging Rates
Annual Fee Waivers
Free
💡 N/A (Offered as a lifetime free credit card with no joining or recurring annual maintenance fee liabilities)
Regular Interest Charges
3.5% per month (42% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| 501 to 1000 | ₹350 |
| 10001 to 25000 | ₹800 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Eligibility Criteria
age
21 to 65 years
employment profiles
Salaried and Self-Employed Profiles
Compare IndusInd Bank Tiger Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| IndusInd Bank Tiger Credit Card This Card | Free | Tier-based annual spending reward structure: 1 reward point per... | Domestic + International (Spend-Based) | 3.0/5 |
| HDFC Infinia Credit Card Metal Edition | ₹12,500 + Taxes | 5 reward points per ₹150; up to 10X on SmartBuy flight/hotel bookings | Unlimited Domestic + International | 4.9/5 |
| Axis Bank ATLAS Credit Card | ₹5,000 + Taxes | 5 EDGE Miles per ₹100 on travel; 2 EDGE Miles per ₹100 on general spends | 8 Domestic + 4 International/yr | 4.8/5 |
| Axis Bank Burgundy Private Credit Card | ₹50,000 + Taxes | 15 EDGE Reward points per ₹200 spent on retail and international... | Unlimited Domestic + International | 4.8/5 |