IndusInd Bank Miles & More Platinum
CancelTwo Lufthansa miles per hundred rupees, straight into your own account — no transfer, no ratio.
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
Welcome: 5,000 Award Miles after your first transaction
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 — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card 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 for itself at ₹9,000 a month
At ₹9,000 a month — ₹1,08,000 a year — on the everyday mix this card returns ₹2,200 gross (earn ₹2,200) against its ₹2,000 fee = ₹200 net — the first rung at or above ₹0. 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 #1105
Why #1105 Two Lufthansa award miles per ₹100, posted straight to your Miles & More account every month, for ₹2,000 a year — and IndusInd kept selling it for years after the bank that built it left India. Carried for the record; nothing on IndusInd's shelf earns Miles & More today.
Miles & More houses at ₹1.00, so 2 award miles per ₹100 is a flat 2%. There is no transfer haircut to bake into `base`, and that is the whole point of this card: IndusInd credited award miles to the cardholder's own Miles & More account every month, in the bank's words "these award miles will reflect on the monthly IndusInd Bank Credit Card statement and would automatically get transferred to your IndusInd Bank Miles & More account every month". No bank currency, no conversion step, no ratio.
The take
This is the cheaper rung of the FIRST co-brand an Indian bank ran with Miles & More — Axis Bank carries the programme today, at the same two rates — and the arithmetic is the reason to remember it. Two award miles for every ₹100 of spend, credited automatically to your own Lufthansa account every month — not to a bank currency you then had to convert at whatever ratio the issuer felt like that year. At the ₹1 house value that is a flat 2% into a Star Alliance programme, for ₹3,000 to join and ₹2,000 a year, and 5,000 award miles arrived on your first transaction. IndusInd inherited it from Deutsche Bank in 2011 and did not merely run the book off — it sold the card under its own name, priced it in its own regulatory fee table in 2011 and again in October 2012, and ran its own promotion on it: the "Million Miles" campaign of December 2011 to March 2012 handed 105,000 award miles apiece to ten of its highest spenders. The pitch beyond the earn was Lufthansa's own machinery. Free automatic membership of Miles & More, "the frequent flyer program of Lufthansa and eight other airlines". Miles that never expired at all — an unusual promise then and now — provided you had held the card three months and made at least one earning purchase every month. A complimentary Sixt Gold membership that normally needed five car rentals a year to earn. ₹25 lakh of personal insurance, a 24-hour concierge that would book flights, hotels, cars and gifts, roaming savings through Matrix Cellular and the fuel surcharge waived between ₹400 and ₹4,000. Two cautions govern the family. The earn stopped dead at 60,000 award miles in any twelve months, about ₹30 lakh of spend, after which the card paid nothing — and that is the same spend ceiling the Signature hits, because the cap scaled with the rate. And the airport lounges were not free: the Priority Pass was membership, IndusInd's own MITC charging "US$27 per person per visit" at the door, softened only by Travel Plus, a separate ₹3,000-a-year programme covering at most ten visits outside India and no domestic lounge at all.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹2,000/yr at stake · 5 spend bands
The charge ₹3,000 joining, then ₹2,000/yr
Break-even ₹9,000 a month — ₹1,08,000 a year — is where this card's value crosses its fee.
At your spend
₹4,000 a year, net of the fee, at ₹3,00,000 of annual spend
₹10,000 a year, net of the fee, at ₹6,00,000 of annual spend
₹22,000 a year, net of the fee, at ₹12,00,000 of annual spend
₹58,000 a year, net of the fee, at ₹36,00,000 of annual spend
₹58,000 a year, net of the fee, at ₹60,00,000 of annual spend
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
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
- 15 Jun 2026 IndusInd doubles its DCC fee to 2% on the mass shelf, and holds 1% on the premium one issuer-wide
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
- 2 Lufthansa award miles per ₹100 on all spend — a flat 2% at the house value
- Miles posted to your own Miles & More account automatically every month: no transfer step, no ratio, no haircut
- 5,000 award miles as a welcome bonus, credited after your first transaction
- Automatic and free Miles & More membership — Lufthansa's programme and eight other airlines'
- Award miles never expired while you held the card and made one earning purchase a month
- Complimentary Sixt Gold tier membership, which normally required at least five car rentals a year
- ₹25 lakh of complimentary personal insurance and a 24-hour concierge for flights, hotels, cars and gifting
- ₹4,500 cheaper to join and ₹2,500 cheaper to renew than the Signature rung above it
Watch out
- WITHDRAWN — no Miles & More card appears on IndusInd's live credit-card range or anywhere in its current bank-wide MITC, and no Indian issuer carries the programme today
- The earn was CAPPED at 60,000 award miles per twelve months — about ₹30 lakh of spend, the same ceiling as the Signature — after which the card paid nothing at all
- The Priority Pass was MEMBERSHIP, not entry: IndusInd's own MITC prices lounge visits at US$27 per person per visit
- The waiver was sold separately as Travel Plus at ₹3,000 a year, and it covered at most ten visits OUTSIDE India — never a domestic lounge
- The fee ladder ran on Lufthansa STATUS, not spend: ₹3,000 to join as a plain member, ₹2,000 as a Frequent Traveller, waived only for Senator and HON Circle — and IndusInd set the renewal by your status at renewal time, so ₹2,000 was not a fixed promise
- No year-end summary of accounts — IndusInd's own comparison table marks that row 'No' against this rung and 'Yes' against the Signature
- The no-expiry feature was for the PRIMARY cardholder only, needed three months of holding plus one earning purchase a month, and reverted the moment the card was cancelled or ran an unpaid balance
- Revolving cost was 3.83% a month — an APR of 46% — and foreign currency was marked up the full 3.5%
What these points actually fly
You hold this — the numbers below are your own points.
IndusInd Bank Miles & More Platinum earns Lufthansa Miles & More outright — no transfer, no ratio to lose on the way. The cheapest verified seat we hold in each cabin:
- Mumbai → Singapore Economy 21,000 Lufthansa Miles & More the play
- Bengaluru → Singapore Business 37,500 Lufthansa Miles & More the play
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's live credit-card range names no Miles & More card, and its current bank-wide MITC prices none — its own discontinued list names Platinum Aura, Platinum Select, Iconia and Platinum Aura Edge, and this card is not even on that. The co-brand itself came back: Axis Bank carries Miles & More in India today — axis-miles-and-more at 2% and axis-miles-and-more-select at 3%, both open, both crediting award miles to your own Lufthansa account rather than routing through a bank currency. No transfer route on this board reaches Miles & More, so an Axis card is the only way in.
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
- 1 Jul 2026Pioneer Legacy's quarterly lounge visit now costs ₹1.5 lakh of spend
- 15 Jun 2026IndusInd doubles its DCC fee to 2% on the mass shelf, and holds 1% on the premium one
- 27 May 2026Miles & More adds Business Light award tariffs 12% cheaper
- 1 Apr 2026IndusInd Pinnacle's domestic lounge access goes spend-gated
- 1 Apr 2026ITA Airways joins Star Alliance as member 26
- 27 Mar 2026Miles & More raises Lufthansa award prices and surcharges
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 — 6 of them, each with the day we read it
- official IndusInd Bank's own Miles & More page, 2011 — the two rungs side by side, the earn rate, the 60,000-mile annual ceiling, the status fee grid and the Priority Pass line
- official The same IndusInd page ten months later (archived 27-Mar-2012) — every fee, earn rate, cap and benefit row unchanged, which is what makes these terms and not a launch promotion
- official IndusInd Bank's bank-wide credit-card MITC, 2011 — this card priced at ₹3,000 to join and ₹2,000 a year, with 3.5% on foreign currency and US$27 charged at every lounge door
- official IndusInd's bank-wide MITC dated 23 October 2012 (archived 13-Mar-2013) — the same ₹3,000 and ₹2,000 on a fee table where four other products' prices had already moved
- official IndusInd's own "Million Miles" promotion terms, December 2011 to March 2012 — the bank running its own campaign on this card, eight months after it bought the book
- official IndusInd Bank's live credit-card range — and no Miles & More card anywhere on it