IndusInd Legend
PremiumLifetime freeIndusInd Bank
Where it ranks · across all 71 cards
Devaluation history
- 2025-03-07 - Lounge access discontinued entirely.
What a point is worth
Earning 1 pts / ₹100, the same point pays very differently by redemption path:
| Redemption path | Per point | Effective on spends |
|---|---|---|
| Statement credit | ₹0.4 | 0.40% |
| Partner transfersbest: Singapore Airlines KrisFlyer at 4:1 (ceiling 0.6%) | ₹0.20-₹0.63 | 0.20% |
₹0.40/RP cash credit (bank page); 4:1 KrisFlyer transfer for premium redemptions. Rankings across KaunsaCard use a single conservative value (₹0.5/pt = 0.50%); transfer ceilings assume premium-cabin awards and are never used to rank.
Reward rules
Points valued at ₹0.5/pt - conservative, what rankings use · transfers reach up to ₹0.63/pt via Singapore Airlines KrisFlyer at 4:1
Base rate - everything not covered below
1 pt / ₹100= 1 pts per ₹100
0.5-0.6%
value range by redemption
0.7 pt / ₹100 on utilities, insurance, govt, education & rent
0.7 pts / ₹100= 0.7 pts per ₹100
0.3-0.4%
value range by redemption
Source: IndusInd rewards program revision (bank site) · 2026-08-22
2 pts / ₹100 on weekend spends (Sat-Sun)
2 pts / ₹100= 2 pts per ₹100
1.0-1.3%
value range by redemption
Doubler applies to any category on Sat/Sun by transaction date, not just these. Medical, automobile & telecom stay at 1 pt/₹100 all week.
Source: IndusInd Legend (indusind.bank.in) · 2026-08-20
Milestones
₹5,00,000 / year
3,000 bonus RP (first year only)
worth ≈ ₹1,200
Transfer partners
IndusInd Rewards (Legend & most cards) - what 10,000 points become. Full matrix with live amounts on the Transfers page.
| Partner | Ratio | 10,000 pts → | ≈ value |
|---|---|---|---|
| Singapore Airlines KrisFlyerRedeem via IndusMoments; cash credit alternative is ₹0.40/RP. | 4:1 | 2,500 | ₹2,000-₹6,250 |
| Air India Maharaja ClubRatio published on the Air India Maharaja Club partner page. Credited in 2-4 working days; irreversible, own account only. | 4:1 | 2,500 | ₹1,500-₹4,500 |
4 RP = 1 mile. Transfer only beats the ₹0.40/RP cash credit if you value the mile above ₹1.6 - i.e. premium-cabin redemptions.
Earns nothing on
- ⊘ Fuel transactions accrue no reward points since 1 Apr 2018 (bank T&C).5983517255425541bank MCC list→ use MakeMyTrip ICICI here (1.0%)