IndusInd Tiger vs IndusInd ePay Amex (2026)
IndusInd ePay Amex vs IndusInd Tiger: which wins?
₹1,60,000ranking value a year at ₹3L a month, to IndusInd Tiger
Skip the duel — the board, ranked → · nothing to sign up for
Same points, same partner board — 2 live transfer routes each, so this one is decided on earn and fee, nothing else: 0.8% at no fee at all against 0.2% at no fee at all.
IndusInd Tiger out-earns IndusInd ePay Amex at every spend level we model, from ₹25k to ₹5L a month.
Every metric, row by row — 10 compared
Head to head
| IndusInd Tiger | Metric | IndusInd ePay Amex |
|---|---|---|
| #11 — wins this row | Our rank | #231 |
| ₹0 — lifetime free | Fee — joining · annual (+ GST) | ₹0 — lifetime free |
| None | Fee waiver | None |
| 1.5% + GST — wins this row | Forex markup | 3.5% + GST, plus a 2% dynamic-currency-conversion fee (eff 15-Jun-2026) |
| 3.5%/mo (42%/yr) initially — bank may reprice on credit history/behaviour | APR | 3.95%/mo (47.40%/yr) — the top of IndusInd's three interest tiers |
| 0.8% — wins this row | Headline earn rate | 0.2% |
| IndusInd Reward Points | Currency | IndusInd Reward Points |
| ₹0.80/pt | House value | ₹0.80/pt † |
| None — lifetime free, no joining bonus | Welcome benefit | 3 months of Zomato Gold — a one-time first-year benefit that IndusInd states will not be extended or renewed |
| 735 of 793 — wins this row | Lounge doors opened | 0 of 793 |
† IndusInd ePay Amex: IndusInd prices this card's points against your bill, not against an airline: "The value of each Reward Point is ₹ 0.35 when you redeem them against the outstanding in your card account" — well under the ₹0.80 house value the IndusInd Reward Points shelf carries on its transfer routes. earn.base bakes the haircut in.
Neither issuer publishes an income floor for these two, and the door is the same on both sides: IndusInd Tiger and IndusInd ePay Amex are both open to a direct application. How people actually get IndusInd ePay Amex 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.
IndusInd Tiger out-earns IndusInd ePay Amex at every spend level we model, from ₹25k to ₹5L a month.
How the gap moves with spend — a 20-step sweep from ₹0.25L to ₹5L/month
How the gap moves with spend
IndusInd Tiger leads at all 20 steps, but not by the same amount: ₹4,260 at ₹0.25L a month, ₹2,38,926 at ₹5L — the gap fans out with spend, widest at ₹4.5L (₹2,38,926).
IndusInd Tiger draws above the line, IndusInd ePay Amex below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | IndusInd Tiger | IndusInd ePay Amex | In front |
|---|---|---|---|
| ₹0.25L | ₹4,800 | ₹540 | IndusInd Tiger by ₹4,260 |
| ₹0.5L | ₹16,000 | ₹1,080 | IndusInd Tiger by ₹14,920 |
| ₹0.75L | ₹30,400 | ₹1,080 | IndusInd Tiger by ₹29,320 |
| ₹1L | ₹44,800 | ₹1,080 | IndusInd Tiger by ₹43,720 |
| ₹1.25L | ₹59,200 | ₹1,080 | IndusInd Tiger by ₹58,120 |
| ₹1.5L | ₹73,600 | ₹1,080 | IndusInd Tiger by ₹72,520 |
| ₹1.75L | ₹88,000 | ₹1,080 | IndusInd Tiger by ₹86,920 |
| ₹2L | ₹1,02,400 | ₹1,080 | IndusInd Tiger by ₹1,01,320 |
| ₹2.25L | ₹1,16,800 | ₹1,080 | IndusInd Tiger by ₹1,15,720 |
| ₹2.5L | ₹1,31,200 | ₹1,080 | IndusInd Tiger by ₹1,30,120 |
| ₹2.75L | ₹1,45,600 | ₹1,080 | IndusInd Tiger by ₹1,44,520 |
| ₹3L | ₹1,60,000 | ₹1,080 | IndusInd Tiger by ₹1,58,920 |
| ₹3.25L | ₹1,74,400 | ₹1,080 | IndusInd Tiger by ₹1,73,320 |
| ₹3.5L | ₹1,88,800 | ₹1,080 | IndusInd Tiger by ₹1,87,720 |
| ₹3.75L | ₹2,03,200 | ₹1,080 | IndusInd Tiger by ₹2,02,120 |
| ₹4L | ₹2,17,600 | ₹1,080 | IndusInd Tiger by ₹2,16,520 |
| ₹4.25L | ₹2,32,000 | ₹1,080 | IndusInd Tiger by ₹2,30,920 |
| ₹4.5L | ₹2,40,006 | ₹1,080 | IndusInd Tiger by ₹2,38,926 |
| ₹4.75L | ₹2,40,006 | ₹1,080 | IndusInd Tiger by ₹2,38,926 |
| ₹5L | ₹2,40,006 | ₹1,080 | IndusInd Tiger by ₹2,38,926 |
Transfer reach — 2 shared live routes
Transfer reach
Both cards earn IndusInd Reward Points, so the partner list is identical — 2 live transfer routes each. The fight is decided on earn and fees, not reach.
1 shared route · 1 only IndusInd Tiger · 0 only IndusInd ePay Amex — the full partner lists
Both reach
- Singapore Airlines KrisFlyer 4:1
Only IndusInd Tiger
- Air India Maharaja Club
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
IndusInd Tiger · 3 more →
- 0.8% on the first ₹1L of the year — the engine only wakes past ₹5L
- Points expire 24 months from accrual; ₹100 fee per redemption
- Cash redemption floor ₹0.40/pt, capped 5,000 points a month (since Sep-2024)
IndusInd ePay Amex · 5 more →
- The reward rate depends on how OFTEN you pay, not how much — a big-ticket spender earns almost nothing
- Every transaction must be at least ₹500 to earn at all
- 3.95% a month (47.40% a year) — the highest interest tier on IndusInd's book
The call
For the ₹1L/month spender, IndusInd Tiger nets ₹44,800 against ₹1,080 — a ₹43,720 gap. At ₹5L/month, IndusInd Tiger nets ₹2,40,006 against ₹1,080 — a ₹2,38,926 gap. Lounge chasers: IndusInd Tiger opens 735 of 793 tracked doors to IndusInd ePay Amex's 0.
Our standing verdicts: IndusInd Tiger — Keep; IndusInd ePay Amex — Keep. IndusInd Tiger takes 7 of the 7 rounds we can score — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Common questions — 5 answered
Straight answers
Which is better, IndusInd Tiger or IndusInd ePay Amex?
IndusInd Tiger. IndusInd Tiger takes 7 of the 7 rounds we can score. IndusInd Tiger out-earns IndusInd ePay Amex at every spend level we model, from ₹25k to ₹5L a month.
IndusInd Tiger or IndusInd ePay Amex — which earns more at ₹3L a month?
At ₹3L a month, IndusInd Tiger nets ₹1,60,000 against ₹1,080 — a ₹1,58,920 gap. 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, IndusInd Tiger or IndusInd ePay Amex?
They cost the same to get: ₹0 — lifetime free. IndusInd Tiger waives its fee at no spend level — there is no waiver; IndusInd ePay Amex at no spend level — there is no waiver.
Which gets you into more airport lounges, IndusInd Tiger or IndusInd ePay Amex?
Lounge chasers: IndusInd Tiger opens 735 of 793 tracked doors to IndusInd ePay Amex's 0. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Card records last re-verified against their issuers' own documents: IndusInd Tiger on 2026-08-05, IndusInd ePay Amex on 2026-08-17. 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 IndusInd Bank and IndusInd Bank's own documents on · the ranking model, at our house ₹/point
Every document behind this page — 10 of them, each with the day we read it
- official Product page — the Magnificent Rewards slab grid (1× up to ₹1,00,000 of anniversary-year spend, 2× to ₹2,50,000, 4× to ₹5,00,000)
- official MITC PDF — joining, annual and add-on fees all Nil; 3.5% per month / 42% p.a; interest; 1.5% foreign-currency mark-up + GST; ₹100 rewards-redemption fee
- official Benefit guide PDF — the same 1/2/4/6 slab table and its ₹6L illustration (20,000 RP), 1 RP = ₹0.40 cash credit, one complimentary golf game or lesson a quarter
- official Bank Maharaja redemption T&C — 100 RP = 100 Maharaja Points, 25k/month cap
- official Bank KrisFlyer redemption T&C — table now reads 400 RP = 100 miles (4:1; URL slug preserves the old 400x120)
- community LiveFromALounge — 1:1 Maharaja route
- community CardMaven review — Visa Signature
- official IndusInd UPI/RuPay FAQ — Tiger absent from RuPay list
- official Product page — the per-transaction reward ladder (4 / 8 / 10 points, ₹500 minimum), a point valued at ₹0.35 against the card outstanding, 3 months of Zomato Gold and 5% annual early-payment cashback
- official Master MITC — the fee row reads NIL / NIL; interest 3.95% a month (47.40% a year); 3.5% forex; Priority Pass explicitly not available; and replacement listed as NA