INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official indusind.com (IndusInd Bank) Most Important Terms and Conditions (MITC).

🏛️IndusInd Bank Ltd.Network: MastercardShopping & Rewards CardsLast Verified: 2026-09-28

IndusInd Bank Nexxt Credit Card

इंडसइंड बैंक नेक्स्ट क्रेडिट कार्ड

Interactive payment card with physical buttons and LED lights for on-the-spot POS selection of Credit, EMI, or Reward Points.

Annual Fee₹1,499 + GST Joining (Renewal: Lifetime Free ₹0)

Reward RateInteractive physical buttons: Push button 1 for 'Rewards', button 2 for 'EMI' (instant 6/12 month conversion at POS), or button 3 for 'Credit'. 1 Reward Point per ₹150 on all retail transactions.

Airport LoungeNo complimentary airport lounge access is included on this technology-first card.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

IndusInd Bank Nexxt Credit Card is India's first interactive credit card equipped with physical push buttons and LED light indicators built directly into the plastic card. At any merchant POS terminal, the cardholder can push a button to toggle between Credit, EMI conversion, or Rewards redemption on the spot.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,499 + GST Joining (Renewal: Lifetime Free ₹0)

Fee Waiver: Renewal fee is ₹0 (Lifetime Free after one-time joining fee payment).

🎁Welcome Benefit

Gift vouchers worth ₹1,500 from top retail brands (Amazon, Bata, MakeMyTrip) credited upon fee realization.

⚡Reward Points Structure

Interactive physical buttons: Push button 1 for 'Rewards', button 2 for 'EMI' (instant 6/12 month conversion at POS), or button 3 for 'Credit'. 1 Reward Point per ₹150 on all retail transactions.

Redemption Value: 1 Reward Point = ₹0.50 against cash statement credit (or 1:1 air miles transfer).

🛫Airport & Railway Lounge Access

No complimentary airport lounge access is included on this technology-first card.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal air accident cover of ₹25 Lakhs. Total Protect lost card liability cover up to credit limit.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹4,000.

🎯Milestone Spends & Grace Period

Milestones: Buy 1 Get 1 free movie ticket discount on BookMyShow up to ₹200 (twice a month). Interactive LED light indicators embedded into the plastic card body.

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

No airport lounge access. Standard reward earn rate is modest at 1 point per ₹150 (0.33% cash return). Card internal micro-battery lasts roughly 3 to 4 years and cannot be recharged.

Forex Markup Fee3.50% + GST on foreign currency transactions.

Cash Advance Fee2.5% of withdrawn amount or ₹300 (whichever is higher) + 3.83% monthly finance charges.

Finance Charges (Interest)3.83% per month (46.00% per annum) on revolving balances.

Late Payment SlabsNil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹350 for ₹501–₹1,000; ₹550 for ₹1,001–₹5,000; ₹800 for ₹5,001–₹10,000; ₹1,100 for ₹10,001–₹25,000; ₹1,300 for above ₹25,000 (+ GST).

Reward Points ExpiryReward points expire 2 years (24 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, rent payments, educational institutional fees, and government tax payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹25,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹3,60,000.

Age Requirement21 to 65 Years

Minimum Income₹25,000/month (Salaried) / ₹3,60,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit indusind.com/nexxt or check IndusMobile app.

2Enter PAN and mobile number for instant eligibility check.

3Select IndusInd Nexxt Interactive Credit Card.

4Enter employer details and monthly salary.

5Complete online Video KYC session with bank official.

6Interactive button card is approved and dispatched via courier within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any IndusInd Bank branch with self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (indusind.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID

3. Proof of Income: Last 3 months' salary slips with bank statement OR Latest ITR with Computation Sheet

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on IndusInd Bank Nexxt Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹350 for ₹501–₹1,000; ₹550 for ₹1,001–₹5,000; ₹800 for ₹5,001–₹10,000; ₹1,100 for ₹10,001–₹25,000; ₹1,300 for above ₹25,000 (+ GST).. In addition, revolving finance charges at 3.83% per month (46.00% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on IndusInd Bank Nexxt Credit Card into EMI?

Yes, IndusInd Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on IndusInd Bank Nexxt Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into IndusInd Bank Ltd.'s official mobile banking application or web portal. 1 Reward Point = ₹0.50 against cash statement credit (or 1:1 air miles transfer). Please note: Reward points expire 2 years (24 months) from the date of accrual.

What is the interest-free grace period on IndusInd Bank Nexxt Credit Card and how does it work?

The interest-free period on IndusInd Bank Nexxt Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.83% per month (46.00% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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