IndusInd Tiger vs IndusInd Platinum (2026)
IndusInd Platinum 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 0.6% at no fee at all.
IndusInd Tiger out-earns IndusInd Platinum 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 Platinum |
|---|---|---|
| #11 — wins this row | Our rank | #233 |
| ₹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 — Platinum is on none of the MITC's reduced-markup lists; dynamic currency conversion 1% until 14-Jun-2026, then 2% + GST from 15-Jun-2026 |
| 3.5%/mo (42%/yr) initially — bank may reprice on credit history/behaviour | APR | 3.95%/mo (47.40%/yr) — the MITC's top interest group |
| 0.8% — wins this row | Headline earn rate | 0.6% |
| IndusInd Reward Points | Currency | IndusInd Reward Points |
| ₹0.80/pt | House value | ₹0.80/pt † |
| None — lifetime free, no joining bonus | Welcome benefit | Welcome gift — a Montblanc, Postcard Hotel or Vouchagram voucher — is available only on select fee plans, and this NIL/NIL plan is not one of them |
| 735 of 793 — wins this row | Lounge doors opened | 0 of 793 |
† IndusInd Platinum: This card prices its own points, and it prices them low. The product page's standing notice reads "From 1st March 2024, the value of non-cash redemption (excluding airmiles) will be 1 RP = Rs.0.60" and "the value of cash redemption will be 1 RP = Rs.0.40" — against an IndusInd house value of ₹0.80 set by the 1:1 Maharaja route that only Tiger and the Pioneer shelf get. Cash redemption is additionally capped at 2,500 reward points a calendar month since 1 September 2024. The KrisFlyer door is open but pays 4:1 — 400 RP for 100 miles — which is worse than taking the ₹0.60, so treat this as a voucher card, not a miles card.
Neither issuer publishes an income floor for these two, and the door is the same on both sides: IndusInd Tiger and IndusInd Platinum are both open to a direct application. How people actually get IndusInd Platinum 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 Platinum 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: ₹3,000 at ₹0.25L a month, ₹2,04,006 at ₹5L — the gap fans out with spend, widest at ₹4.5L (₹2,07,606).
IndusInd Tiger's ongoing earn stops at ₹4,38,900 of spend a month, where IndusInd Platinum's doesn't.
IndusInd Tiger draws above the line, IndusInd Platinum below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | IndusInd Tiger | IndusInd Platinum | In front |
|---|---|---|---|
| ₹0.25L | ₹4,800 | ₹1,800 | IndusInd Tiger by ₹3,000 |
| ₹0.5L | ₹16,000 | ₹3,600 | IndusInd Tiger by ₹12,400 |
| ₹0.75L | ₹30,400 | ₹5,400 | IndusInd Tiger by ₹25,000 |
| ₹1L | ₹44,800 | ₹7,200 | IndusInd Tiger by ₹37,600 |
| ₹1.25L | ₹59,200 | ₹9,000 | IndusInd Tiger by ₹50,200 |
| ₹1.5L | ₹73,600 | ₹10,800 | IndusInd Tiger by ₹62,800 |
| ₹1.75L | ₹88,000 | ₹12,600 | IndusInd Tiger by ₹75,400 |
| ₹2L | ₹1,02,400 | ₹14,400 | IndusInd Tiger by ₹88,000 |
| ₹2.25L | ₹1,16,800 | ₹16,200 | IndusInd Tiger by ₹1,00,600 |
| ₹2.5L | ₹1,31,200 | ₹18,000 | IndusInd Tiger by ₹1,13,200 |
| ₹2.75L | ₹1,45,600 | ₹19,800 | IndusInd Tiger by ₹1,25,800 |
| ₹3L | ₹1,60,000 | ₹21,600 | IndusInd Tiger by ₹1,38,400 |
| ₹3.25L | ₹1,74,400 | ₹23,400 | IndusInd Tiger by ₹1,51,000 |
| ₹3.5L | ₹1,88,800 | ₹25,200 | IndusInd Tiger by ₹1,63,600 |
| ₹3.75L | ₹2,03,200 | ₹27,000 | IndusInd Tiger by ₹1,76,200 |
| ₹4L | ₹2,17,600 | ₹28,800 | IndusInd Tiger by ₹1,88,800 |
| ₹4.25L | ₹2,32,000 | ₹30,600 | IndusInd Tiger by ₹2,01,400 |
| ₹4.5L | ₹2,40,006 | ₹32,400 | IndusInd Tiger by ₹2,07,606 |
| ₹4.75L | ₹2,40,006 | ₹34,200 | IndusInd Tiger by ₹2,05,806 |
| ₹5L | ₹2,40,006 | ₹36,000 | IndusInd Tiger by ₹2,04,006 |
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 Platinum — 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 Platinum · 5 more →
- 0.60% effective — 1 RP per ₹100 at the bank's own ₹0.60 non-cash redemption rate
- Cash redemption pays only ₹0.40/RP and is capped at 2,500 points a calendar month since 1-Sep-2024
- NO airport lounge access of any kind
The call
For the ₹1L/month spender, IndusInd Tiger nets ₹44,800 against ₹7,200 — a ₹37,600 gap. At ₹5L/month, IndusInd Tiger nets ₹2,40,006 against ₹36,000 — a ₹2,04,006 gap. Lounge chasers: IndusInd Tiger opens 735 of 793 tracked doors to IndusInd Platinum's 0.
Our standing verdicts: IndusInd Tiger — Keep; IndusInd Platinum — 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 Platinum?
IndusInd Tiger. IndusInd Tiger takes 7 of the 7 rounds we can score. IndusInd Tiger out-earns IndusInd Platinum at every spend level we model, from ₹25k to ₹5L a month.
IndusInd Tiger or IndusInd Platinum — which earns more at ₹3L a month?
At ₹3L a month, IndusInd Tiger nets ₹1,60,000 against ₹21,600 — a ₹1,38,400 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 Platinum?
They cost the same to get: ₹0 — lifetime free. IndusInd Tiger waives its fee at no spend level — there is no waiver; IndusInd Platinum at no spend level — there is no waiver.
Which gets you into more airport lounges, IndusInd Tiger or IndusInd Platinum?
Lounge chasers: IndusInd Tiger opens 735 of 793 tracked doors to IndusInd Platinum'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 Platinum 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 — 11 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 — 1.5 reward points per ₹150, the ₹0.60 non-cash and ₹0.40 cash redemption rates, the travel-insurance table and the 1% fuel surcharge waiver
- official The Mastercard form of the same card — identical earn, identical redemption rates, identical insurance table, and no separate MITC fee line
- official MITC fee table — the "Platinum" row is NIL joining, NIL annual, no waiver condition and NIL add-on fee; interest 3.95% a month