The IndusInd Pioneer Heritage credit card is a premium offering that provides exclusive benefits and rewards. To be eligible, customers must establish a pioneer banking relationship, which requires maintaining a combined balance of ₹10 lakhs in savings and current accounts, as well as a total net relationship value of ₹30 lakhs across all investments, with a minimum of ₹1 lakh in the savings account.
The joining fee for the card is ₹1,80,000 + GST or ₹90,000 + GST, and the annual fee is ₹25,000 + GST, with a full waiver available upon spending ₹10 lakhs on the card. Cardholders also enjoy a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 and a monthly interest rate of 2.99%.
Upon joining, customers receive the Oberoi e-gift voucher and premium access to over 30 luxury brands with luxe gift vouchers valued at ₹5,000. Additionally, for international transactions, 2.5 reward points are earned for every ₹100 spent, while domestic transactions earn 1 reward point for every ₹100. Rewards can be redeemed through various options, including the Indus Moments reward portal, AirMiles, and statement cash credits.
Cardholders also benefit from a buy 1 get 1 offer on BookMyShow for a compelling movie experience, as well as discounts on non-movie events and select partner restaurants. The card offers unlimited domestic and international airport lounge access, complimentary rounds at selected golf courses, and exclusive dining privileges.
In conclusion, the IndusInd Pioneer Heritage credit card is an attractive choice for discerning customers, offering a range of top-tier features and privileges. Despite the high joining fee, the rewards and benefits offset this cost, making it a worthwhile option for those who can meet the eligibility criteria.
Rohit Gyanchandani, Managing Director at Nandi Nivesh Private Limited, provides insight into the rewards and benefits of the IndusInd Pioneer Heritage credit card.
Published: 15 Feb 2024, 11:23 AM IST
