IndusInd Platinum Select
Downgrade1 point per ₹150, worth ₹0.60 — 0.4% on a card IndusInd has stopped both selling and pricing.
no published fee to price it against
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: Vouchagram vouchers from Pantaloons, Bata, Raymond, Charles and Keith and Hush Puppies — footnoted "only applicable on select fee plan", and IndusInd publishes no fee plan for this card, so there is no way to tell which one qualifies.
Not valued. We can't value this card until the issuer publishes a fee — every net-value number here would be wrong by exactly the fee we can't find. Everything we can source — the earn rate, the transfer routes, the lounge doors — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until IndusInd Bank publishes a fee schedule we can cite.
Why we decline to value some cards, and what it takes to change that →
1 notes on the card itself: how it is issued
Platinum Select redeems IndusInd points at ₹0.60 against vouchers and ₹0.40 in cash, both cut on 1 March 2024, against the ₹0.80 house value that only the Tiger's 1:1 Maharaja route supports — with cash redemption capped at 2,500 points a calendar month since 1 September 2024. Our 0.40% rate bakes the ₹0.60 haircut in.
Best real exit: Singapore Airlines KrisFlyer at ₹0.28/pt (4:1 transfer).
The take
A discontinued entry card that is honest about being thin. The earn is one reward point per ₹150, flat, with no weekend uplift and nothing on fuel — and since IndusInd cut this card's redemption to ₹0.60 a point against vouchers and ₹0.40 in cash in March 2024, that works out at 0.4%. The one thing it used to have that its siblings did not was a BookMyShow buy-one-get-one, and IndusInd discontinued that on 1 October 2022. What remains is insurance: ₹2.25 lakh across lost and delayed baggage, passport, ticket and missed connection, plus Total Protect fraud cover up to the credit limit including add-on cards, and a 1% fuel surcharge waiver the bank itself values at ₹240 a year. There is a genuine oddity in its favour: IndusInd's 2019 rewards revision, which cut utilities, insurance, government, education and rent to 0.70 points per ₹100 across most of the book, explicitly does not apply to this card — so the flat rate really is flat. What we cannot tell you is what it costs. IndusInd publishes no fee for it anywhere: the MITC lists it under discontinued cards with no numbers, and the product page prices nothing while still footnoting that the welcome gift depends on your fee plan. So if you hold one, check your statement rather than any published document, and weigh whatever you find against 0.4%.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes a fee — every net-value number here would be wrong by exactly the fee we can't find. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
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 we cannot price either side 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
- One flat rate on everything — IndusInd's 2019 rewards revision, which cut utilities, insurance, government, education and rent to 0.70 points per ₹100 on most of the book, expressly excludes this card
- Travel insurance up to ₹2.25 lakh: ₹1,00,000 lost baggage, ₹50,000 lost passport, and ₹25,000 each for delayed baggage, lost ticket and missed connection
- Total Protect covers unauthorised and counterfeit transactions up to the credit limit, on add-on cards too
- 1% fuel surcharge waiver at any petrol pump in India — IndusInd's own illustration puts it at ₹240 a year on ₹2,000 of monthly fuel
Watch out
- INDUSIND PUBLISHES NO FEE FOR THIS CARD — the MITC lists it under discontinued cards with no numbers and the product page prices nothing, so we state no annual fee rather than invent one; check your own statement
- Closed to new applications: "we have discontinued this product for new sourcing, and same is only displayed as a reference for existing … Cardholders"
- 0.4% on everything — 1 reward point per ₹150 at the ₹0.60 the bank redeems it for
- The BookMyShow buy-one-get-one was discontinued on 1 October 2022
- Points are worth ₹0.60 against vouchers and ₹0.40 in cash, against a ₹0.80 house value; cash redemption is capped at 2,500 points a calendar month since 1 September 2024
- Fuel has earned nothing since 1 April 2018
- NO airport lounge access of any kind
- Club Vistara redemptions closed 31 October 2024 and InterMiles closed 21 January 2025 — both were exits this card's own redemption menu advertised
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.
Closed to new applications. The surviving product page is headed "Platinum Select Credit Card (Discontinued)" and carries IndusInd's own notice that the product was discontinued for new sourcing and is displayed only as a reference for existing holders; the MITC's discontinued list names it too. Holders remain in the 3.95%-a-month interest group, so accounts are serviced. The live entry card in its place is the Platinum, which is genuinely nil on both fees and pays 1.5 points per ₹150.
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
Not published , and we will not invent it: the annual fee.
Every document behind this page — 3 of them, each with the day we read it
- official The card's own product page — the 1-point-per-₹150 earn, the ₹0.60 and ₹0.40 redemption values, the insurance table and the discontinuation notice
- official IndusInd's rewards-revision notice — its exemption list names this card, so the reduced 0.70-point category does not apply here
- official IndusInd's credit-card MITC — Platinum Select in the explicit discontinued list, with no fee row of its own