IndusInd Bank Pioneer Heritage Credit Card – Benefits, Fees & Eligibility

Introduction

The IndusInd Bank Pioneer Heritage Credit Card is an exclusive, top-tier offering from IndusInd Bank, positioned for its elite and premium customers. It is one of the few Mastercard World Elite cards available in India, designed to cater to a discerning lifestyle. Key differentiating benefits include unlimited complimentary lounge access both domestically and internationally, a generous rewards program offering 2.5x points on international transactions, and a comprehensive suite of luxury privileges across dining, travel, and golf. The card also stands out with zero foreign currency markup (effective October 2024) and a unique waiver of late payment, over limit, and cash advance fees.

Welcome Benefits

• Welcome Vouchers of your choice worth Rs. 100,000 upon joining.
• A Montblanc or Qwikcilver (Woohoo) e-gift voucher.
• An Oberoi e-gift voucher, valid for 6 months from the date of issuance.
• One Night Free with MasterCard at a collection of participating luxurious hotels and handpicked resorts.
• Complimentary ITC Club Culinaire Membership (Note: This benefit will be discontinued effective 5th October 2025 for existing cardholders and for any new customers boarded on or after 15th September 2025).
  • The membership includes:
    • 2 certificates for 25% discount on Food & Beverages bill at participating ITC hotels for a maximum of 4 guests (not valid on Sunday brunch).
    • 2 certificates for 50% discount on buffet lunch/dinner for 2 at a participating ITC hotel (not valid on Sunday brunch).
    • 2 certificates for 30% discount on purchases at a gourmet shop at a participating ITC hotel (for purchases up to INR 5000).
    • 2 certificates for 20% off on purchase of Welcombreak packages (bookings to be made through the guest contact centre only).
    • Earn Green Points @ 25% on all eligible Food & Beverage spends at ITC Hotels & WelcomHotels.
    • Enjoy savings of 20% while dining at Fortune and WelcomHeritage Hotels.
    • Receive 1,000 bonus Green Points on every accumulated spend of Rs.25,000 on Food & Beverage (valid on accumulated spends up to INR 1,00,000).
    • Hi-spirited Wednesdays: Enjoy 2 at the cost of 1 at select bars between 6:00pm & 8:00pm, every Wednesday (applicable on select beverages).
    • Gourmet Fridays: Earn 50% extra Green Points on dining spends at select restaurants at ITC Hotels on Fridays (not applicable at Bukhara - ITC Maurya, Peshawari - ITC Rajputana and Jharokha - ITC Rajputana).
    • Birthday week: Receive 50% bonus Green Points during your and your spouse's birthday week on dining spends (37.5% earnings) or stay (7.5% earnings) at all participating ITC Hotels and Sheraton New Delhi (not valid at Fabelle boutiques).
    • Primary Cardholders will be automatically enrolled for Club ITC Culinaire membership and receive the kit from ITC within 30 working days from card set up date.

Fees

• Joining Fee: ₹100,000 + GST
• Annual Fee: ₹25,000 + GST
• Spend-Based Waiver: The Annual Fee will be waived if the cardholder spends ₹10 Lakhs or more using the card in an anniversary year.
• Add-on Card Fee: Completely waived.
• Rewards Redemption Fee: Waived (Nil redemption fee when redeeming directly with merchants).
• Foreign Currency Markup: Zero (reduced from 1.8% to 0% w.e.f 5th Oct 2024).
• Interest Rates: 2.99% Per Month (36% Per Annum).
• Fuel Surcharge Waiver: 1% surcharge waiver on fuel transactions between Rs. 400 and Rs. 4,000 at all fuel stations in India.
• Cash Advance Charges: Nil.
• Late Payment Fee: Nil.
• Over Limit Fee: Nil.

Rewards

• Rewards Rate:
  • 2.5 Reward Points for every Rs. 100 spent on international transactions.
  • 1 Reward Point for every Rs. 100 spent on domestic transactions.
  • From 1st August 2019, the earning rate for Utility Bill Payments, Insurance Premium Payments, Government Services/Charges/Payments, and Education Institute Fees is 0.70 Reward Point for every Rs. 100 spent.
  • Reward points are earned only for spends