IndusInd Rewardz Festival (2022)

By | September 30, 2022
IndusInd Rewardz Festival 2022

IndusInd Bank is up with their targeted Diwali promo for 2022 with which one can save about ~2% on spends as vouchers and then there maybe other targeted offers as well. Here’s everything you need to know,

Offer Details

  • Offer: Spend Rs.XX and get vouchers worth Rs.YY
  • Offer Period: 25 Sep 2022 to 31st Oct 2022
  • Offer Type: Spend linked, targeted offer.
  • Excluded spends: Insurance Premium, Rent & Real Estate Payments, government taxes, bill payments and payment of fee towards school or educational program payment.
  • Source
IndusInd Rewardz Festival offer details

Offers on premium cards with decent spends are like below:

  1. Spend 1.2L for 3K vouchers
  2. Spend 5L to get 12K vouchers

and it seems there are many other offer variants too. 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: ends by 30th Sep 2022

My Thoughts

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 since last 4 yrs and now its hardly 2% and that too as vouchers.

I’m yet to explore the voucher t&c as I couldn’t find the voucher brands on a quick look. Hope the list is decent.

Further, just like the Amex 2022 Diwali offer, IndusInd offer too was targeted to a very few set of cardmembers this year unlike in the past where most used to get the offer (at-least they used to get something) when registered.

Have you received the IndusInd Rewardz Festival offer this year? 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.

16 thoughts on “IndusInd Rewardz Festival (2022)

  1. Amar

    Good that I didn’t receive any offer this year on my Indusind Pioneer Legacy credit card. Anyways, last year, I didn’t meet the milestone. And this year, I already have several offers to meet – Amex, HSBC etc. in addition to milestone fulfillment of Magnus x 2 and Aurum.
    1 less headache.

    1. AAJ

      IndusInd has left me surprised as always in -ve way. Received e-mail on 1st Oct, registration was to be done by 30th Sep, Wov. Anyway thanks to Sid I sent registration SMS, but customer care says not eligible and asked me to send e-mail.
      Btw offers received 1) 4K/163k 2) 5.5k/231k

  2. Mahesh S. Panicker

    Got 500 voucher offer on a spend of 20000 on my IndusInd Legend card. Since I haven’t received anything from Amex, and the spend target is not big, will give it a go though the reward rate isn’t great.

  3. Shubham Jain

    Hi Sid,
    I got a offer of 10500 on spends of 428000 for my pinnacle credit card.
    Though, I reduced usage on this card since it got devalued earlier this year, however with this offer, the overall reward rate will be approx 4%- which is decent.

  4. Praveen Katiyar

    As always, thanks for your efforts Sid. I got following offer from Indusind:

    Dear Cardmember, Thank you for registering for The Rewardz Festival. Please note your spend target of INR 98000 and eligible voucher value of INR 2000 against achieving the spend target between 25-SEPT-2022 and 31-OCT-2022 – IndusInd Bank

  5. Manikandan

    I got a notification.. Spend 261000 and get 6500 voucher… However don’t find any info about the voucher brands and terms and conditions..

  6. Venkat

    My offer is to spend 1.84 lakh and eligible for 4500/- worth vouchers

  7. Selva

    My offer is to spend 108000 and eligible for 2500/- worth voucher, What if not amazon in the (so called) leading brand vouchers? Last year they offered bonus reward points as we can convert cash.

    Not Impressive!

    1. Balaji

      Yes. Seems indusind cards are done and dusted for me.

      SBI cashback credit card all the way for me.

  8. Hemang Bhatt

    Indusind Card last yr reward program was not trusted one. As they did not decleear name of winner on top 10 spener & aslo weekly winner as thet ofering. I called may time to customer care but they always sid it wont declere publiculy.
    all my friend who achived milestone last yr has receved Amazon Alexa..
    Actully they should, almost all bank do that for such reward program.

    And this time also they didnt declere which GV they are providing.
    So i dont trust much on Indusbank offer.

  9. Shubham Jain

    Anybody got the voucher yet from Indusind?
    I had qualified the spend target and was supposed to get 10500 worth voucher.


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