IndusInd Bank Business Gold Credit Card
CancelFour business earn maps, one of them pure travel — and a hard roof at 7,500 points a year.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — and a business card's accelerator is usually the point. This card is not on the board, which ranks personal cards only; it is ranked against other business cards on /best/business, where the tax, GST and vendor-payment rungs ARE credited and its ₹ reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays from the first rupee
At ₹1,000 a month — ₹12,000 a year — on the everyday mix this card returns ₹0 gross (earn ₹0) against its ₹0 fee = ₹0 net — at or above ₹0 from the first rung we price. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · why it ranks #1085
Why #1085 A free sole-proprietor card with four selectable earn maps, one of them built entirely around airlines, hotels, rail and car rental — and a hard ceiling of 7,500 savings points a year that caps the whole thing at about ₹3,750. Carried, not ranked; IndusInd stopped sourcing it.
IndusInd priced this card's point itself, on every one of the four plan tables — "1 savings point = Re 0.50 of cash value or 1 airline mile" — and again in the Rewards terms as "1 Reward Points = Re. 0.5 of cash value". The ₹0.80 house value carried for IndusInd Reward Points today reflects the Maharaja Club route the modern Tiger reaches; this card's exits were the fifty-paise statement credit and a partner airline mile, so its earn is modelled at ₹0.50 with the difference baked into `base`.
Best real exit: Singapore Airlines KrisFlyer at ₹0.28/pt (4:1 transfer).
The take
This is the sole-proprietor card IndusInd inherited when it bought Deutsche Bank India's credit-card book in 2011, and it is the best-documented thing on that shelf. It cost nothing to hold — Nil to join, Nil to renew, Nil for add-ons, all three printed on a single grouped row of IndusInd's own bank-wide Most Important Terms & Conditions. What made it interesting is that a business pointed its own accelerator. Four plans, pick one: the Savings Plan paid its top rate on utilities and its second on courier services; the Travel Plan paid its top rate on airline tickets, its second on hotels and resorts, and still paid on railways and car rental; the Purchase Plan led with computers and consumer electronics; the Entertainment Plan led with restaurants and then bars, pubs and lounges. Everything outside your chosen map earned the floor rate. A proprietor whose real cost base was air travel and hotels could put the whole card behind it, which is a shape almost no free Indian card offers now. The exit was published and it was clean: fifty paise a point against your outstanding, or a partner airline mile. Read the mile carefully, because it moved. On the 2011 tables a savings point bought one airline mile, one for one. By 2019 all four tables had been rewritten to "1 saving point = Rs 0.5 or 0.5 Partner Mile" — the airline leg halved — while the rewards terms at the foot of the same page still said a hundred points bought a hundred miles. IndusInd never reconciled the two, so this desk prices the card on the cash leg, which never moved. Then the ceiling, and it is the thing that decides whether this card was worth carrying: a maximum of 7,500 savings points in any twelve-month period, after which spending earned nothing at all until the anniversary. At fifty paise a point that is about ₹3,750 of value a year, however large the business. It was a free card with a hard roof rather than a business card that scaled — and you had to reach 500 points before you could redeem anything at all.
Your renewal — keep, downgrade or cancel
This card is lifetime free. There is no fee due, no renewal to weigh, and nothing to cancel to save.
Keep, downgrade or cancel
nothing due at the anniversary · 5 spend bands
The charge ₹0 — lifetime free
At your spend
₹800 a year at ₹3,00,000 of annual spend
₹1,500 a year at ₹6,00,000 of annual spend
₹3,000 a year at ₹12,00,000 of annual spend
₹3,800 a year at ₹36,00,000 of annual spend
₹3,800 a year at ₹60,00,000 of annual spend
Everyday earn plus milestones, with no fee to subtract — the same model as the value panel above, so the two cannot disagree. run your exact spend →
The downgrade
IndusInd Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
What has changed under this card
- 23 Sep 2026 Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and Hilton a program these points reach
- 25 Aug 2026 Vietnam Airlines Lotusmiles opens a broad SkyTeam status match — up to Elite Plus a program these points reach
- 20 Aug 2026 IHG Hotels & Resorts becomes a Maharaja Club earning and conversion partner a program these points reach
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Nil to join, Nil to renew and Nil for add-ons on IndusInd's own bank-wide MITC — genuinely lifetime free
- Four selectable business earn maps — Savings, Travel, Purchase or Entertainment — each paying 4 savings points per ₹100 in its own top category
- The Travel map paid 4 savings points per ₹100 on airline tickets and 3 on hotels and resorts, with railways and car rental still earning
- A savings point came out at fifty paise against your outstanding, or as an airline mile — one for one on the 2011 tables, halved to 0.5 Partner Miles by the 2019 ones
- Up to five add-on cards for dependants, all reporting into the primary's statement
- Total Protect covered unauthorised transactions to the full credit limit, including the 48 hours before you reported a loss
Watch out
- WITHDRAWN — the 2019 page carries IndusInd's own line, 'IndusInd Bank is no longer sourcing these Credit Cards', and no card of this name appears on the live range
- HARD ANNUAL CEILING: 'Maximum total Savings Points that a cardholder can earn in a 12 month period is 7,500 Savings Points' — about ₹3,750 of value at the published fifty-paise redemption, however much the business spent
- THE AIRLINE LEG WAS HALVED without an announcement — the 2011 tables read 'or 1 airline mile', the 2019 tables read 'or 0.5 Partner Mile', and the rewards terms on the same 2019 page still claimed a hundred points bought a hundred miles
- You picked ONE plan; everything outside its categories earned the floor rate, which works out at 0.25%
- You needed 500 savings points before you could redeem anything, and points expired two years after the twelve-month earning period that produced them
- The airline conversion named no frequent-flyer programme on any capture — 'partner airlines', never a partner — so the mile it bought is unverified
- The fuel-surcharge waiver every other IndusInd card carried was explicitly NOT valid on this one — the MITC's fuel row names Business Gold as an exclusion
- Revolving cost was 3.83% a month — an APR of 46% — and foreign currency was marked up the full 3.5%
- No lounge benefit of any kind appears on any capture of this card
What these points actually fly
You hold this — the numbers below are your own points.
These points feed 21 programmes that publish an award chart. Cheapest verified seat per cabin, priced in YOUR points with this card's own ratio already applied:
- Delhi → Singapore Economy 76,000 IndusInd Reward Points via Singapore Airlines KrisFlyer at 4:1 the play
- Bengaluru → Singapore Business 180,000 IndusInd Reward Points via Singapore Airlines KrisFlyer at 4:1
- Mumbai → Delhi First 320,000 IndusInd Reward Points via Air Canada Aeroplan at 12.8:1 (through Singapore Airlines KrisFlyer → Marriott Bonvoy) the play
Where the miles go
1 program
Ratios read card points : partner miles — 2:1 means 2 points become 1 mile. Never the other way round.
every IndusInd Bank route, side by side → · the IndusInd Reward Points hub →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot. IndusInd stopped sourcing the card — its own product page said so before the page came down — and the bank's live credit-card range names no Business Gold. Saarthi and Vrddhi are the business rungs IndusInd sells today, and both are on this board.
IndusInd Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 23 Sept 2026Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and HiltonAccor and Marriott off the grid since 2 April 2026; Club ITC live; no Cathay, Miles & More or Hilton → Accor live at the punished rates; ITC removed; Cathay, Hilton and Miles & More live; Marriott still gone
Axis's own Travel EDGE terms, re-read 25 September 2026, already show the grid that went live on 23 September. Accor ALL is back, and not at the old Atlas 1:2: EDGE Miles convert at 2:1 (Olympus 1:2) and EDGE Rewards at 5:1, with Magnus for Burgundy at 5:2 and only Burgundy Private still at 5:4. Club ITC is off the table. Three partners are new. Cathay Asia Miles sits on that same punished grid. Hilton Honors is the ordinary one: EDGE Miles 1:2, EDGE Rewards 5:2, Burgundy 5:4. Lufthansa Miles & More is the exception on Atlas, which converts 1:1 there while every other standard airline on that card is 1:2; the EDGE Rewards side of Miles & More is the ordinary 5:2. Marriott stays removed. Qatar Privilege Club was already back. Flying Blue, Air India and Qantas moved into Group A, which is the capped group. The Axis Rewards credit card's Amex network is advertised as joining-fee and annual-fee nil for a limited period; there is no separate Amex variant on this board, so that offer is not modelled as a fee change.
- 25 Aug 2026Vietnam Airlines Lotusmiles opens a broad SkyTeam status match — up to Elite Plus
- 20 Aug 2026IHG Hotels & Resorts becomes a Maharaja Club earning and conversion partner
- 18 Aug 2026Amex India re-rates Virgin Atlantic upward — 2:1 becomes 5:4, the first MR buff in years
- 6 Aug 2026MaxCoins' full transfer catalogue surfaces — Accor at 2:1 re-prices the coin to ₹1.08
- 3 Aug 2026SBI drops Etihad Guest from the MILES transfer table — the last SBI door into the programme
- 2 Aug 2026Flipkart SuperCoins into Maharaja Club improve to 2:1
- 26 Jul 2026Air India's quiet network retreat: Tokyo moves, Paris and San Francisco go, Malé pauses
Every IndusInd Bank change we've dated → 10 events since 2016, 8 of them nerfs — worst year 2025.
Verified against IndusInd Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 4 of them, each with the day we read it
- official IndusInd Bank's bank-wide credit-card Most Important Terms & Conditions, 2011 — this card at Nil to join, Nil a year and Nil for add-ons
- official IndusInd Bank's own Business Credit Card page, 2011 — all four plan tables, the fifty-paise point and the one-for-one airline mile
- official IndusInd's last Business Gold page, 2019 — the 7,500-point annual ceiling, the halved airline leg, and the bank's own line that it is no longer sourcing the card
- official IndusInd Bank's live credit-card range — and no Business Gold card anywhere on it