IndusInd NEXXT Credit Card

Key Highlights of IndusInd NEXXT Credit Card

The following are some of the attractive highlights of the IndusInd NEXXT credit card. They are:

• Used for online ticket booking, utility bill payments, travel, and other purchases.
• Safe for online shopping and e-commerce transactions.
• You get 1 reward point for every Rs.150 spent on the card.
• Free movie ticket for every ticket you buy from bookmyshow maximum of 2 tickets per month.
• Redeem your reward points at online shopping portal.
• Get Personal Air Accident coverage up to Rs.25 Lakhs.

Key Features of IndusInd NEXXT Credit Card

Welcome Benefits:

• Montblanc Free gift voucher: Choose from the exquisite collection of watches, writing instruments, jewellery, leather goods and eyewear.
• The PostCard Hotel Voucher: You will get a postcard hotel e-gift voucher.
• Vouchagram allows you to avail gift vouchers from various premium brands like Amazon, Flipkart, Zee5, Apollo Pharmacy, Uber, Ola, and so on.
• Vouchagram Premium helps you to avail gift voucher from Pantaloons, Bata, Raymonds, Hushpuppies, and much more.

Redemption of Reward Points:

• For every Rs.150 spent on the credit card, you will get 1 reward point.
• You can convert your reward points to cash credit to pay the outstanding amount on your card at the rate of Re 0.75 per 1 reward point.
• The maximum reward points allowed for cash redemption is 2500 per calendar month.

Krisflyer Miles Point

• You can redeem the reward points at Krisflyer Miles at the rate of 400 reward points for 100 Krisflyer Miles.
• Reward Points redemption will take place in multiples of 100.
• Maximum of 10,000 reward points can be redeemed against the Krisflyer Miles in a calendar month.

Unauthorized Usage of Card:

• Protect yourself from unauthorized transactions by reporting to the call centre within 48 hours of losing the card.
• You can call the IndusInd call centre on the following numbers. They are:
• 1860 267 7777(India) / +91 22 61553100 / 022 4220 7777

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across all petrol stations in India.
• A surcharge waiver is applicable for any fuel transactions between Rs.400 and Rs.4000.

Insurance Benefits:

• Personal Air Accident coverage of Rs.25 Lakhs.
• Travel Insurance Coverage
• Delay in Baggage: Rs.25,000
• Loss of
• Baggage: 1 Lakh
• Passport: Rs.50,000
• Ticket: Rs.25,000
• Connecting Flight: Rs. 25,000

Note: There is no annual fee waiver that comes with the card.

Benefits of IndusInd Bank NEXXT Credit Card

The following are some of the benefits of the IndusInd NEXXT Credit Card. They are:

• Pay with EMI: To pay using the EMI option:
• You can press using the EMI button on your credit card.
• You need to press the EMI button based on your preferred tenure. The tenure is calculated in multiples of 6.
• You can choose the EMI tenure option at the rate of 12%.
• Pay with Reward Points:
• Pay with Credit option:

The EMI and Reward button can be used only on any POS merchant outlets.

Note: These buttons cannot be used for any online, Moto, IVR, Samsung Pay, and ATM cash withdrawals. But you can always opt for EMI option while making a bulk online purchase. But things to be borne in mind is that the standard rate of interest of 12% is not applicable

IndusInd NEXXT Credit Card Fees & Charges

Eligibility Criteria for IndusInd NEXXT Credit Card

To apply for the IndusInd NEXXT bank credit card, one must comply to the eligibility guidelines. They are:

• Age: 18-65 years old
• Credit Score: More than 750

Documents Required

The following is the list of documents that are required to apply for the IndusInd NEXXT credit card. They are:

• Identity Proof: Aadhar card, PAN card, Driving License, Voters ID card
• Address Proof: Aadhar card, Passport, Driving License, Voters ID card, Ration card
• Income Proof: Payslip, ITR returns, Bank statements

How to Apply for IndusInd NEXXT Credit Card

The various listed ways of applying for the IndusInd NEXXT bank credit card are:

• Go to official IndusInd Bank website
• Enter the required details PAN number, mobile number
• Enter the OTP that you get on your mobile number.
• Complete the application form with your personal and monthly income details.
• Banks will assess your eligibility criteria after you key in your Aadhar number as well.
• After checking the eligibility level, you will be given the best
offers for the IndusInd NEXXT credit card.

Pros & Cons of IndusInd NEXXT Credit Card

Any credit card comes with its own share of merits and demerits. Individuals must ascertain the consequences before taking the right decision to have one of the best credit cards. Some of them are discussed below.

Pros:

• LED Buttons:The IndusInd bank NEXXT credit card comes with interactive LED buttons. This gives you the flexibility to switch between various payment options.
• Flexible EMI options:The card comes with the flexibility to make bult purchases through EMI. This EMI can be converted into lilexible EMI of 6, 12, 18, and 24 months at the rate of 12%.
• Fuel surcharge waiver:You will get a fuel surcharge waiver of 1% along with the card.
• Entertainment Benefit:You have the flexibility to get 2 complimentary movie tickets per month for purchase of tickets through BookMyShow.
• Insurance:There is a good amount of insurance coverage on your baggage, passports and air accidents.

Cons:

• Reward Redemption Conditions:A minimum number of reward points is required before redemption. Also, the monthly cap that comes with the redemption is restricted.
• Potential for a High Debt:Since the EMI option that comes with the card is on a very high limit, individuals will tend to make higher spending occasionally.
• Limited Travel Perks:Compared to the high joining fee, the travel perks that come with the card are very limited.