IndusInd Bank Samman RuPay Credit Card – Benefits, Fees & Eligibility

Introduction

The IndusInd Bank Samman RuPay Credit Card is an exclusive offering from IndusInd Bank, specifically designed for government sector employees. This card provides practical benefits such as a 1% cashback on retail spends up to Rs. 20,000 per statement cycle, zero cash withdrawal fees, and complimentary movie tickets. It also supports UPI payments, making it a convenient option for daily transactions.

Welcome Benefits

N/A

Fees

• Joining Fee: Nil
• Renewal Fee: Rs. 199
• Spend-Based Waiver: Renewal fee can be waived on spends of Rs. 75,000 in a year.
• Rewards Redemption Fee: N/A
• Foreign Currency Markup: 3.5%
• Interest Rates: 3.95% Monthly (47.40% Yearly)
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between Rs. 400 to Rs. 4,000.
• Cash Advance Charges: Nil
• Railway Surcharge Waiver: 1% waiver on railway transactions up to Rs. 5,000.

Rewards

• Cashback:
  • Earn 1% cashback on all retail spends up to Rs. 20,000 in a statement cycle.
  • Maximum cashback is capped at Rs. 200 per statement cycle.
  • Cashback is credited in the subsequent statement cycle.
  • No cashback is earned beyond spends of Rs. 20,000.
• Movies:
  • Get one assured complimentary movie ticket every six months in a calendar year via BookMyShow.
  • Cardholders are eligible for two complimentary movie tickets every year.
  • The maximum value for the movie ticket shall not exceed Rs. 200.
  • If the ticket price is more than Rs. 200, a discount of Rs. 200 will be applied, and the remaining amount must be paid using the IndusInd Bank Credit Card.
  • Offer valid in all theatres registered with BookMyShow across all major cities.
• Travel:
  • Railway Surcharge Waiver: Save 1% on railway transactions up to Rs. 5,000.
  • Domestic Lounge Access: Enjoy RuPay Exclusive Lounge Access at DEL T3 Terminal once each month.
• Insurance Benefits:
  • Travel Insurance cover provided in association with The Oriental Insurance Company Limited.
  • Lost baggage: Up to ₹ 1,00,000
  • Delayed baggage: Up to ₹ 25,000
  • Loss of passport: Up to ₹ 50,000
  • Lost ticket: Up to ₹ 25,000
  • Missed connection: Up to ₹ 25,000
• UPI Enabled:
  • Link this card to UPI applications like BHIM, PhonePe, Paytm, or Google Pay to make payments on the go.

Rewards Redemption Guide

N/A

Card Eligibility Criteria

• Exclusively designed for government sector employees.

Card Review

• Overall Verdict: This credit card is tailored for government employees, offering practical benefits for daily use.
• Pros:
  • No charges for cash advances, providing flexibility for cash withdrawals.
  • Receive two free movie tickets annually.
  • UPI enabled for convenient mobile payments.
  • 1% waiver on fuel and railway transactions.
  • Includes travel insurance benefits.
  • Complimentary domestic lounge access at DEL T3.
• Cons:
  • Overall benefits are basic and not extensive.
  • The cashback amount is capped at a relatively low Rs. 200 per month.

Important Product Details

• Earn 1% cashback on spends up to Rs. 20,000 each month, with a maximum of Rs. 200.
• Receive two complimentary movie tickets each year, with a maximum value of Rs. 200 per ticket.
• The card can be linked to UPI applications for easy payments.
• There are no charges for cash advances.
• Enjoy a 1% waiver on railway transactions up to Rs. 5,000.
• Benefit from comprehensive travel insurance cover.
• Access RuPay Exclusive Lounge at DEL T3 Terminal once per month.
• Get a 1% fuel surcharge waiver on transactions between Rs. 400 to Rs. 4,000.

Other Details

• Estimated Annual Savings (based on assumptions):
  • Movie Tickets (2 assured complimentary movie tickets at ₹ 200 each): ₹ 400
  • 1% Cashback on all retail spends (₹ 15,000 retail spends each month): ₹ 1,800
  • 1% Fuel Surcharge (Monthly fuel usage of ₹ 3,000): ₹ 360
  • 1% Railway Surcharge Waiver (Railway Tickets Booking of ₹ 5,000 per quarter): ₹ 200
  • Total Estimated Savings: ₹ 2,760
• How to Link the Card to UPI:
  • Open your UPI app (BHIM, PhonePe, Paytm, or Google Pay).
  • Select "Add Credit Card/Link Credit Card."
  • Select IndusInd Bank.
  • Select your IndusInd Bank Samman RuPay Credit Card.
  • Proceed to generate UPI PIN.
• How to Set UPI PIN:
  • Select Generate PIN option > Select Samman RuPay Credit Card.
  • Enter Samman RuPay Credit Card Details: Last 6 digits and Expiry Date.
  • Enter OTP (triggered on registered mobile number) and Set PIN of your choice.
• Making UPI Payments:
  • Scan Merchant QR Code or enter Merchant UPI ID.
  • Enter Amount to be paid or pay auto-fetched amount.
  • Select Samman RuPay Credit Card from the list of payment options.
  • Enter UPI PIN of your Credit Card & Click Confirm.
• All benefits and offers are subject to specific Terms & Conditions.
• Most Important Terms and Conditions (MITC) and Card Holder's Agreement are available for review.