Deutsche Bank Miles & More Signature vs IndusInd Bank Miles & More Signature (2026)
IndusInd Bank Miles & More Signature vs Deutsche Bank Miles & More Signature: which wins?
₹85,500ranking value a year at ₹3L a month, to Deutsche Bank Miles & More Signature
Skip the duel — the board, ranked → · nothing to sign up for
Same points, and neither card transfers anywhere — the redemption catalogue is the ceiling for both, so this one is decided on earn and fee, nothing else: 3.0% at ₹7,500 to join plus ₹4,500/yr against 3.0% at ₹7,500 to join plus ₹4,500/yr.
A dead heat at every spend level we model — pick on benefits, not earn.
Every metric, row by row — 10 compared
Head to head
| Deutsche Bank Miles & More Signature | Metric | IndusInd Bank Miles & More Signature |
|---|---|---|
| closed | Our rank | closed |
| ₹7,500 joining, then ₹4,500/yr | Fee — joining · annual (+ GST) | ₹7,500 joining, then ₹4,500/yr |
| None | Fee waiver | None |
| not published | Forex markup | not published |
| not published | APR | not published |
| 3.0% | Headline earn rate | 3.0% |
| Lufthansa Miles & More | Currency | Lufthansa Miles & More |
| ₹1.00/pt † | House value | ₹1.00/pt † |
| — | Welcome benefit | 10,000 Award Miles after your first transaction |
| 0 of 793 | Lounge doors opened | 0 of 793 |
† Deutsche Bank Miles & More Signature: 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`: Deutsche credited the miles to the cardholder's Miles & More account directly each month rather than issuing a bank currency that had to be converted.
† IndusInd Bank Miles & More Signature: 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.
Neither issuer publishes an income floor for these two, and the door is the same on both sides: Deutsche Bank Miles & More Signature and IndusInd Bank Miles & More Signature are both closed to new applications, and only grandfathered holders still have it. How people actually get each one is on its card page.
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
The ₹ face-off at ₹1L/₹3L/₹5L a month
Ranking-value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.
A dead heat at every spend level we model — pick on benefits, not earn.
How the gap moves with spend — a 20-step sweep from ₹0.25L to ₹5L/month
How the gap moves with spend
The two curves sit on top of each other from ₹0.25L to ₹5L a month — this is not a fight decided on earn.
Deutsche Bank Miles & More Signature charges twice — ₹7,500 to join, then ₹4,500 every year after; IndusInd Bank Miles & More Signature charges twice — ₹7,500 to join, then ₹4,500 every year after.
Deutsche Bank Miles & More Signature draws above the line, IndusInd Bank Miles & More Signature below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | Deutsche Bank Miles & More Signature | IndusInd Bank Miles & More Signature | In front |
|---|---|---|---|
| ₹0.25L | ₹4,500 | ₹4,500 | level |
| ₹0.5L | ₹13,500 | ₹13,500 | level |
| ₹0.75L | ₹22,500 | ₹22,500 | level |
| ₹1L | ₹31,500 | ₹31,500 | level |
| ₹1.25L | ₹40,500 | ₹40,500 | level |
| ₹1.5L | ₹49,500 | ₹49,500 | level |
| ₹1.75L | ₹58,500 | ₹58,500 | level |
| ₹2L | ₹67,500 | ₹67,500 | level |
| ₹2.25L | ₹76,500 | ₹76,500 | level |
| ₹2.5L | ₹85,500 | ₹85,500 | level |
| ₹2.75L | ₹85,500 | ₹85,500 | level |
| ₹3L | ₹85,500 | ₹85,500 | level |
| ₹3.25L | ₹85,500 | ₹85,500 | level |
| ₹3.5L | ₹85,500 | ₹85,500 | level |
| ₹3.75L | ₹85,500 | ₹85,500 | level |
| ₹4L | ₹85,500 | ₹85,500 | level |
| ₹4.25L | ₹85,500 | ₹85,500 | level |
| ₹4.5L | ₹85,500 | ₹85,500 | level |
| ₹4.75L | ₹85,500 | ₹85,500 | level |
| ₹5L | ₹85,500 | ₹85,500 | level |
Transfer reach — 0 shared live routes
Transfer reach
Both cards earn Lufthansa Miles & More, so the partner list is identical — 0 live transfer routes each. The fight is decided on earn and fees, not reach.
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for — 6 points
What to watch out for
Deutsche Bank Miles & More Signature · 5 more →
- WITHDRAWN — Deutsche Bank sold its Indian retail and credit-card business to IndusInd Bank in 2011, and this page describes the Deutsche-era card only
- THE CO-BRAND DID NOT DIE IN 2011 — IndusInd re-issued it under its own name at exactly these prices, priced it in its own bank-wide MITC in 2011 and again in October 2012, and ran its own four-month acquisition campaign on it; that successor is a separate file, indusind-miles-more-signature
- The earn was CAPPED at 90,000 award miles per rolling twelve months — about ₹30 lakh of spend — after which the card paid nothing until the clock reset
IndusInd Bank Miles & More Signature · 5 more →
- 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 call
For the ₹1L/month spender, it's a dead heat at ₹31,500. At ₹5L/month, it's a dead heat at ₹85,500. Lounge chasers get no tiebreak here: both open 0 of 793 tracked doors.
Our standing verdicts: Deutsche Bank Miles & More Signature — Cancel; IndusInd Bank Miles & More Signature — Cancel. Deutsche Bank Miles & More Signature the lower fee breaks the tie — ₹7,500 joining, then ₹4,500/yr against ₹7,500 joining, then ₹4,500/yr — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Common questions — 5 answered
Straight answers
Which is better, Deutsche Bank Miles & More Signature or IndusInd Bank Miles & More Signature?
Deutsche Bank Miles & More Signature. They split the 0 rounds we can score 0–0; Deutsche Bank Miles & More Signature the lower fee breaks the tie — ₹7,500 joining, then ₹4,500/yr against ₹7,500 joining, then ₹4,500/yr. A dead heat at every spend level we model — pick on benefits, not earn.
Deutsche Bank Miles & More Signature or IndusInd Bank Miles & More Signature — which earns more at ₹3L a month?
At ₹3L a month, it's a dead heat at ₹85,500. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.
Which costs less to hold, Deutsche Bank Miles & More Signature or IndusInd Bank Miles & More Signature?
They cost the same to get: ₹7,500 joining, then ₹4,500/yr. Deutsche Bank Miles & More Signature waives its fee at no spend level — there is no waiver; IndusInd Bank Miles & More Signature at no spend level — there is no waiver.
Which gets you into more airport lounges, Deutsche Bank Miles & More Signature or IndusInd Bank Miles & More Signature?
Lounge chasers get no tiebreak here: both open 0 of 793 tracked doors.
How current is this comparison?
Both card records were last re-verified against their issuers' own documents on 2026-08-23. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.
Verified against Deutsche Bank and IndusInd Bank's own documents on · the ranking model, at our house ₹/point
Every document behind this page — 9 of them, each with the day we read it
- official Deutsche Bank India's Miles & More Credit Card page (archived 22-Nov-2010) — the 3-miles-per-₹100 accrual, the monthly auto-transfer, the 90,000-mile ceiling, the no-expiry conditions and concierge
- official Deutsche Bank India's Schedule of Charges for credit cards, effective 19 April 2010 — this card at ₹7,500 to join and ₹4,500 to renew, with 3.5% on foreign currency
- official IndusInd Bank's bank-wide credit-card MITC, 2011 — the buyer's own fee table, carrying this card at Deutsche's exact ₹7,500 and ₹4,500 after the portfolio sale
- official Deutsche Bank India's own Cards shelf today — titled "Debit Cards for Every Need", it lists debit cards only and no credit card at all
- 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'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