IndusInd Bank Saarthi Business Card – Benefits, Fees & Eligibility

Introduction

The IndusInd Bank Saarthi Business Card is a dedicated business credit card designed to help businesses manage expenses, simplify bookkeeping, and provide security. Positioned as a valuable tool for entrepreneurs, it offers complimentary fire, theft, and burglary insurance, along with a robust rewards program that includes accelerated reward points on international transactions and a competitive interest rate. This card aims to bring transparency, visibility, and control to business finances, making it a trusted companion for business dealings.

Welcome Benefits

• Vouchagram vouchers worth Rs. 2,500.
• Welcome benefits are applicable subject to the payment of joining fees.
• Brands available under Vouchagram are subject to change at the discretion of the Bank & Vouchagram.

Fees

• Joining Fee: Rs. 2,500 + GST.
  • Waiver on joining fee if you spend Rs. 2 Lakhs within the first 90 days of card issuance.
• Annual Fee: Rs. 1,499 + GST.
  • Waiver of annual charges on spends of more than Rs. 1 Lakh in the previous year.
• Rewards Redemption Fee: No fee.
• Foreign Currency Markup: 3.5% of the total amount.
• Interest Rates: 2.49% per month.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions across all petrol pumps in India for transactions between ₹ 500 to ₹ 10,000 (subject to a minimum of Rs. 10). Service tax levied on fuel surcharge will not be waived and must be borne by the Cardholder.
• Cash Advance Charges: 2.5% of the amount.

Rewards

• Reward Rate:
  • 1 Reward Point for every Rs. 100 spent on domestic transactions.
  • 2 Reward Points for every Rs. 100 spent on international transactions.
  • 500 Reward Points when you make 6 utility bill payments within the first six months of card issuance.
  • 50 Reward Points as an early payment benefit.
• Dining: 100% dining discount up to Rs. 250 with EazyDiner.
• Domestic Lounge Access: Up to 2 complimentary domestic airport lounge access per quarter across India. Note: The Most Important Terms & Conditions (MITC) state eligibility for one domestic airport lounge access in a quarter. Access is granted upon successful authorization of the Visa card for a nominal amount (₹ 2/-) for validation.
• International Lounge Access: Not provided.
• Insurance Benefits:
  • Business Insurance up to Rs. 3 Lakh, covering fire, theft, and burglary.
  • Travel Insurance up to Rs. 1 Lakh.
• Visa Offers: Enjoy a host of benefits across categories such as lifestyle, travel, entertainment, food, fashion, and apparel with Visa. Cardholders are entitled to all discounts and privileges offered under the Visa Program but need to specifically ask the Visa partner for the offer to avail it. These offers cannot be clubbed with any other offer, scheme, or promotion.
• Contactless Payments: The card supports contactless payments with a maximum limit of Rs. 5,000 per transaction, allowing up to 5 such transactions per day.

Rewards Redemption Guide

• Reward Points can be redeemed at IndusMoments for vouchers, Air Miles, products, and more.

Card Review

The IndusInd Bank Saarthi Business Card is a highly beneficial offering for businessmen, distinguishing itself with a low-interest rate of 2.49% per month, which is notably lower than many other cards. A significant advantage is the inclusion of business insurance, covering fire, theft, and burglary, a feature not typically available with personal credit cards. For ease of travel, complimentary domestic airport lounge access is provided.

However, there are a few drawbacks. As the card operates on the Visa network, it cannot be linked to UPI for payments. Additionally, while domestic lounge access is available, there is no provision for international lounge access. Despite these cons, the card's focus on business-specific benefits, expense management, and security makes it a strong contender for business owners looking to streamline their financial operations.

Important Product Details

• Lower interest rate of 2.49% per month.
• Earn 1 Reward Point for every Rs. 100 spent domestically and 2 Reward Points for every Rs. 100 spent internationally.
• Includes complimentary domestic airport lounge access.
• Supports contactless payments with a maximum limit of Rs. 5,000 per transaction and up to 5 transactions per day.
• Offers comprehensive business insurance (fire, theft, burglary up to Rs. 3 Lakh) and travel insurance (up to Rs. 1 Lakh).
• Cannot be linked to UPI due to being on the Visa network.
• Does not provide international lounge access.
• Provides up to 45 days of interest-free period.

Other Details

• How to Apply: Applications can be submitted online by clicking the "apply now" button and filling in the required details, or by contacting the bank via email or phone banking.
• Interest-Free Period: Up to 45 days of interest-free period.
• Customer Care: For queries or assistance, you can contact IndusInd Bank Customer Service at 1860 267 7777.
• Terms & Conditions: General Terms & Conditions apply, and benefits are offered on a 'best efforts basis'. IndusInd Bank does not underwrite or warrant services performed by third-party providers. Cardholders must exercise due diligence in understanding specific terms applicable to benefits. Any disputes regarding delivery, service, quality, or performance of products/services must be addressed directly with the associated service providers. The bank and its business associates reserve the right to change the Terms & Conditions of the program at any time without prior notice. Offers under the Visa Program cannot be combined with any other promotions.