IndusInd Bank Miles & More Signature
CancelThree Lufthansa miles per hundred rupees — the highest Star Alliance earn an Indian card has published.
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: 10,000 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 ₹13,000 a month
At ₹13,000 a month — ₹1,56,000 a year — on the everyday mix this card returns ₹4,700 gross (earn ₹4,700) against its ₹4,500 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 #1104
Why #1104 Three Lufthansa award miles per ₹100, posted straight to your Miles & More account every month — a 3% Star Alliance earn with no transfer step, for ₹4,500 a year. Carried for the record; nothing on IndusInd's shelf earns Miles & More today.
Miles & More houses at ₹1.00, so 3 award miles per ₹100 is a flat 3%. 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
Three award miles per ₹100, credited straight into your own Lufthansa account every month. At the ₹1 house value that is a flat 3% into a Star Alliance programme with no transfer step, no ratio and no bank currency in between. Two Indian cards have since published a higher direct rate into an airline programme — icici-british-airways-premium at 4 Avios per ₹100 and SBI's KrisFlyer APEX at 3.3, the latter open today — and Axis Bank's Miles & More Select matches this rate into this exact programme. Joining brought 10,000 award miles and cost ₹7,500; renewal ran ₹4,500. IndusInd inherited the co-brand from Deutsche Bank in 2011 and treated it as its own product, not a run-off book: it priced this card in its own regulatory fee table in 2011 and again in October 2012, and ran the "Million Miles" campaign on the pair from December 2011 to March 2012, handing 105,000 award miles apiece to ten of its highest spenders. Everything else stepped up from the Platinum rung. ₹50 lakh of personal insurance rather than ₹25 lakh. Sixt Platinum tier — which normally took ten car rentals a year — rather than Sixt Gold. A year-end summary of accounts, the one benefit row IndusInd's own comparison table marks "Yes" here and "No" below. And the shared machinery: free automatic Miles & More membership, miles that never expired while the card was held and used monthly, a 24-hour concierge, roaming savings through Matrix Cellular, and the fuel surcharge waived between ₹400 and ₹4,000. Then the two cautions. The earn stopped at 90,000 award miles in any twelve months — and because IndusInd scaled the cap with the rate, that binds at exactly the same ₹30 lakh of annual spend as the Platinum's 60,000. Above that line the extra mile per hundred buys nothing, which is the argument for the cheaper rung at almost every real spend level. And the 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 at a separate ₹3,000 a year for 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
₹4,500/yr at stake · 5 spend bands
The charge ₹7,500 joining, then ₹4,500/yr
Break-even ₹13,000 a month — ₹1,56,000 a year — is where this card's value crosses its fee.
At your spend
₹4,500 a year, net of the fee, at ₹3,00,000 of annual spend
₹13,500 a year, net of the fee, at ₹6,00,000 of annual spend
₹31,500 a year, net of the fee, at ₹12,00,000 of annual spend
₹85,500 a year, net of the fee, at ₹36,00,000 of annual spend
₹85,500 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
- 3 Lufthansa award miles per ₹100 on all spend — a flat 3% at the house value
- Miles posted to your own Miles & More account automatically every month: no transfer step, no ratio, no haircut
- 10,000 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 Platinum tier membership, which normally required at least ten car rentals a year
- ₹50 lakh of complimentary personal insurance — double the Platinum rung's cover
- A year-end summary of accounts, the one benefit IndusInd's own table gives this rung and not the Platinum
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 90,000 award miles per twelve months, which at 3 miles per ₹100 is the SAME ₹30 lakh of spend the Platinum's 60,000 cap binds at — so the extra mile per hundred buys nothing above that line
- ₹4,500 a year against the Platinum's ₹2,000 for one extra mile per ₹100: below roughly ₹2.5 lakh of annual spend the cheaper rung is simply the better card
- 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, and this rung got no Frequent Traveller discount at all — ₹7,500 either way, waived only for Senator and HON Circle; IndusInd set the renewal by your status at renewal time, so ₹4,500 was not a fixed promise
- 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 Signature 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 90,000-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 ₹7,500 to join and ₹4,500 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 ₹7,500 and ₹4,500 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