IndusInd Rewardz Festival (2021): Save upto 2% as Bonus points and more

By | October 2, 2021

IndusInd Bank is up with their targeted Diwali promo for 2021 with which one can save upto 2% on spends as bonus points + there are some top spender offers as well. Here’s everything you need to know about the offer.

Offer Details

  • Offer Period: 1st Oct 2021 to 6th Nov 2021
  • Excluded spends: Insurance, rent, real estate, gov. taxes & other bill payments.
  • Bonus Points Offer: Get 1% Bonus points on spends of XXX; get 2% bonus points on all spends above Rs.YYY once the overall spends exceed Rs.ZZZ. Max. bonus points varies for each cardholder.
  • Top Spender Offer (Overall): Top spenders can grab Hyundai Verna(top #1), Sony Bravia (top 2-5), iPhone 12 Pro (top 6-10).
  • Top Spender Offer (Weekly): Weekly spenders gets OnePlus 9R, Amazon Echo Dot 3rd Gen, etc

I got the below offer on Pinnacle Credit Card with max. bonus points limited to 3600 points. Hmm!

Just incase if you’re not registered, here is what you need to do:

  • Type sms JOIN and send it to 5676757 (or) check the email and click on the personalised link.
  • Registration Period: 24th Sep’21 to 8th Oct’21

Bottom line

IndusInd Credit Card Diwali offers are getting worser almost every year. It used to give return on spend as good as ~10% few years ago and then it started dropping last 3 yrs and now its hardly 2% extra, ideally giving a max return of ~4.5% on select spends on select cards.

Further, the T&C doesn’t mention anything related to spends done over and above the assigned credit limit rule for which they usually don’t give points.

And the new addition of Top spender offer only makes me afraid about the future of IndusInd Rewardz festival offers.

That said, we may also expect a separate promo for IndusInd Amex network Cards, which is usually sent out bit later.

Did you receive the IndusInd Festive Offer for 2021? Feel free to share your thoughts in the comments below.

Author: Siddharth

Helping Indians to choose right credit cards, pick right offers and enjoy luxury vacations for less. Day & night exploring the spiritual reality of our human existence.

11 thoughts on “IndusInd Rewardz Festival (2021): Save upto 2% as Bonus points and more

  1. Mahesh S. Panicker

    Got a voucher offer of Rs 200 on spends of 25000, and one of 800 on spends of 50000. Not really worth it, HDFC, ICICI, Axis, SBI and Amex have much better offers on the cards I have, so giving it a complete pass. Very disappointing from IndusInd.

    1. Siddharth Post author

      Voucher? that’s interesting. Thought they did the bonus points offer for all.

  2. Darshdeep Singh Grewal

    My offer
    25k- 1% = 250 or
    50k -2% = 1000
    I have to spend on neither of them.
    Not beneficial for me.

  3. Sri

    What exactly does 1% bonus points mean ? Is it getting 1 % additional reward points to what you normally get ?

    1. Siddharth Post author

      1% of the spend as points, ignore old point earn rate/value etc.

  4. Rahul

    This is such a bad offer. There is a reason why I dont use my indusind card. No offers worth spending

  5. Anuj

    Is there any update whether they will be giving regular reward points on spends done over assigned credit limit.
    Last year during rewards festival they were doing that.

    1. Siddharth Post author

      Didn’t care checking with support on that as anyway the offer is not exciting enough.

      P.S. Heard from someone that they’ve now set the Credit limit as the monthly spend limit!!

  6. Muthu A

    Any idea how much to spend weekly and through out the offer period, to be in the top spender criteria?


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