The IndusInd Bank Duo Card is the first-of-its-kind debit-cum-credit card in India. It has two EMV chips, giving users the flexibility to use it as either a debit or credit card. What's more, you earn reward points for every transaction made with this card. Read more to know all about its features and benefits below.
Key Highlights of IndusInd Bank Duo Credit Card |
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Card Type | Entry-level |
Best Suited For | Rewards |
Joining Fee | Rs. 249 |
Renewal Fee | Nil |
Welcome Benefits | Up to 100 reward points on the first transaction* |
Best Features | 1 reward point for every Rs. 150 spent |
*Terms and conditions apply.
Table of Contents | ||
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Features and Benefits | ||
Fees and Charges | ||
Eligibility and Documentation | ||
Should you apply for this card? | ||
Other Similar Credit Cards | ||
How to Apply? | ||
FAQs |
The IndusInd Bank Duo Credit Card allows you to earn reward points on various categories, including travel, lifestyle, and shopping and more. Check out some of its main features and benefits:
With the IndusInd Bank Duo Credit Card, you can enjoy complimentary movie tickets worth Rs. 3,000 annually. Additionally, you get a Buy 1 Get 1 free movie ticket offer when you book through BookMyShow. This benefit can be availed once a month,i.e. up to 12 times in a year, and the price of the free ticket is capped at Rs. 250.
Also read: Best Credit Cards Airport Lounge Access
The IndusInd Bank Duo Credit Card provides insurance benefits worth Rs. 25 lakh. Here are the insurance benefits offered by this credit card:
Benefit | Amount |
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Personal accident cover | Rs. 2 lakh |
Purchase protection | Rs. 50,000 |
Lost baggage | Rs. 1 lakh |
Lost ticket | Rs. 25,000 |
Missed connection | Rs. 25,000 |
Delayed baggage | Rs. 25,000 |
Lost card liability | Rs. 3 lakh |
Air accident insurance | Rs. 25 lakh |
Loss of passport | Rs. 50,000 |
Also read: Best Travel Credit Cards in India
The Duo Card allows you to earn reward points not only on credit card transactions but also on debit card transactions. You will earn 1 reward point for every Rs. 150 spent. Additionally, on your first transaction you can also earn extra reward points as mentioned below:
Activation* | Reward Points |
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ATM transaction at IndusInd Bank ATM | 100 |
ATM transaction at other bank ATM | 50 |
1st shopping transaction (domestic/ international) using the debit card | 100 |
1st e-commerce transaction (domestic/ international) using the debit card | 50 |
Mobile banking transaction | 100 |
Transaction on internet banking | 100 |
You can enjoy all the activation benefits within the first 60 days after receiving your card or opening your account.
Also read: Best Rewards Credit Cards in India
In addition to the benefits mentioned earlier, the Duo Credit Card provides additional perks such as a fuel surcharge waiver, a low forex mark-up fee, and more. Here are the details:
Here are some common fees and charges that apply to IndusInd Bank Duo Credit Card:
Type of Fee or Charge | Amount | |
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Joining Fee | Rs. 249 | |
Annual/ Renewal Fee | Nil | |
Finance Charges | 3.83% p.m. (46% p.a.) | |
Late Payment Charges |
For Statement Balance
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To apply for this credit card, the applicant must meet the following eligibility criteria:
Criteria | Details |
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Occupation | Salaried or Self-employed |
Age | 18-65 years |
Citizenship | Indian |
Documents Required | Click here for the list of acceptable documents |
Serviceable Cities | Click here for the list of eligible cities |
The IndusInd Bank Duo Credit Card is ideal for those who want a card serving both as a credit and debit card. However, users need to be careful to avoid errors when using it at ATMs or POS systems. Despite this, the card offers rewards on purchases, entertainment perks, insurance coverage, fuel surcharge waivers, and more.
Overall, with reasonable joining and annual fees, it's a decent option providing the benefits of two cards simultaneously. It's a good choice for those seeking a basic credit card with standard features. However, if you're looking for a card with specific category benefits, it might not be the top choice.
If you're interested in credit cards with benefits similar to the IndusInd Bank Duo Card, take a look at the comparison table below:
Credit Card | Annual Fee | Key Features |
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SBI SimplyCLICK Credit Card | Rs. 499 | 10X reward points on online spends with partners |
Slice Super Credit Card | Nil | 2% cashback on every transaction |
Axis Ace Credit Card | Rs. 499 | 5% cashback on bill payment, DTH and mobile recharge* |
HDFC MoneyBack Credit Card | Rs. 500 | 4 points on every Rs. 150 spent online |
IndusInd Bank Duo Credit Card | Nil | 1 reward point for every Rs. 150 spent |
You have the option to compare and apply for IndusInd Credit Cards conveniently online through MybankingTips. Here are the steps to do so:
The IndusInd Bank Duo Card provides an interest-free period of up to 50 days. It's important to note that this interest-free period is applicable only if the total outstanding amount is paid in full and not carried over.
You can enjoy an interest-free period of up to 50 days with the IndusInd Bank Duo Card. It's important to remember that this interest-free period applies only when the entire outstanding amount is paid in full; otherwise, interest charges may be incurred.
Yes, you have the option to withdraw cash using your IndusInd Bank Duo Credit Card. However, it's essential to be aware that the bank imposes a cash advance fee, typically amounting to 2.5% of the withdrawn sum. Therefore, it is advisable not to withdraw cash using a credit card.
The over-limit charges for all IndusInd Bank credit cards amount to 2.5% of the over-limit amount. However, there is a minimum over-limit charge set at Rs. 500.
You have two options to apply for this credit card: online and offline. To apply online, go to the official IndusInd Bank website and fill out the application form. If you prefer applying offline, visit the nearest branch of IndusInd Bank.
To conveniently handle your IndusInd Bank Credit Cards, you can simply click on the following links: