Synopsis: The IndusInd Tiger Credit Card is a lifetime free credit card that offers accelerated rewards along with travel and lifestyle privileges. If you spend ₹6 lakh per year on your IndusInd Tiger Credit Card, then you will earn 20,000 reward points and also enjoy benefits worth ₹38,612 per year.
The IndusInd Tiger Credit Card has gained attention among travellers due to its lifetime-free membership and enhanced airline transfer options. The forex card provides a good value proposition, with accelerated reward earnings, free lounge access, golf benefits and low forex charges. Let’s take a look at the benefits and rewards that a cardholder can avail when spending ₹6 lakh per year.
How Does the Reward Structure Work?
The IndusInd Tiger Credit Card offers 1 Reward Point for every ₹100 spent. Under its Magnificent Rewards Program, cardholders receive accelerated reward earnings as annual spending increases.
Based on annual spending of ₹6 lakh, the reward point calculation is as follows:
What Can 20,000 Reward Points Get You?
Note: Reward points can be redeemed as cash credit at the rate of ₹0.40 per point. Additionally, reward points can be transferred to KrisFlyer Miles at a ratio of 400 Reward Points = 100 Miles
For Air India loyalists, the latest conversion ratio allows 200 Reward Points to be converted into 200 Maharaja Points. Therefore, 20,000 Reward Points can be converted into 20,000 Maharaja Points.
Airport Lounge Benefits
- 2 complimentary domestic lounge visits every quarter (Up to 8 visits annually)
- 2 complimentary international lounge visits annually through Priority Pass
Estimated Annual value
Golf Privileges
The IndusInd Tiger Credit Card offers complimentary golf benefits to cardholders. These include assuming full utilization of all four quarterly benefits:
- One complimentary golf game or golf lesson every quarter
- Up to four complimentary golf sessions annually
- Estimated annual value of up to ₹16,000
Note: This valuation is based on ₹4,000 per complimentary golf session.
Movie Ticket Benefits
Cardholders can also enjoy entertainment benefits through BookMyShow.
- One complimentary movie ticket worth up to ₹500 every six months
- Up to two complimentary movie tickets annually
- Estimated annual value of up to ₹1,000
Total Benefits at ₹6 Lakh Annual Spending
Things to Keep in Mind
- Accelerated rewards will not be applicable to various categories like utility bills, premium payments, government agencies, education sector, property, and rents.
- Fuel transactions do not earn reward points.
- Monthly cash redemption limit for reward points is 5,000 reward points.
Final Verdict
The IndusInd Tiger Credit Card provides a rewarding combination of both reward points and travel features without having an annual charge. For individuals spending ₹6 lakh per year, the benefits provided by the card are valued at around ₹38,612.
Written By Ameet S
