IndusInd Tiger
EntryLifetime freeIndusInd Bank
Where it ranks · across all 71 cards
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 |
|---|---|---|
| Partner transfersbest: Air India Maharaja Club at 1:1 (ceiling 1.8%) | ₹0.60-₹1.80 | 0.60% |
| Statement credit | ₹0.4 | 0.40% |
₹0.40/RP cash credit; cash redemption capped 5,000 RP/month. Rankings across KaunsaCard use a single conservative value (₹0.4/pt = 0.40%); transfer ceilings assume premium-cabin awards and are never used to rank.
Reward rules
Points valued at ₹0.4/pt - conservative, what rankings use · transfers reach up to ₹1.80/pt via Air India Maharaja Club at 1:1
Base rate - everything not covered below
1 pt / ₹100= 1 pts per ₹100
0.4-1.8%
value range by redemption
Up to 6 pts / ₹100 via annual spend slabs
6 pts / ₹100= 6 pts per ₹100
2.4-10.8%
value range by redemption
Slabwise multiplier: ≤₹1L = 1x, ₹1-2.5L = 2x, ₹2.5-5L = 4x, >₹5L = 6x. Cash redemption capped 5,000 RP/month (Sep 2024). Slab multiplier does NOT apply to utilities/insurance/govt/education/rent (base 1X only). 5,000 RP/month earn cap AND separate 5,000 RP/month cash-redemption cap.
Source: IndusInd Tiger (indusind.bank.in) · 2026-08-21
Transfer partners
IndusInd Rewards (Tiger) - what 10,000 points become. Full matrix with live amounts on the Transfers page.
| Partner | Ratio | 10,000 pts → | ≈ value |
|---|---|---|---|
| Air India Maharaja ClubConfirmed 1:1 on the Air India Maharaja Club partner page - unusually strong for this tier. | 1:1 | 10,000 | ₹6,000-₹18,000 |
| Singapore Airlines KrisFlyer | 4:1 | 2,500 | ₹2,000-₹6,250 |
Tiger: Maharaja at 1:1, KrisFlyer at 4:1. Cash redemption capped 5,000 RP/month.
Earns nothing on
- ⊘ Fuel transactions accrue no reward points since 1 Apr 2018 (bank T&C); MCC codes from the bank fuel-fee document. No other reward exclusions are published for Tiger.5983517255425541bank MCC list→ use MakeMyTrip ICICI here (1.0%)