IndusInd Legend Credit Card

About IndusInd Legend Credit Card

Are you looking for a premium credit card that rewards your weekend lifestyle without the burden of recurring annual fees? The IndusInd Legend Credit Card is built for exactly that.

This card offers a unique proposition: you pay a one-time joining fee and then enjoy the benefits for life with zero annual charges. With a reward value of ₹0.75 per point, it is one of the more rewarding cards in its segment. If you spend ₹20,000 every weekend, you could be looking at significant annual savings through its accelerated reward structure.

Designed for professionals and frequent travelers earning ₹3 lakh or more annually, this card bridges the gap between luxury and utility. Whether you are booking a stay at an Oberoi hotel or catching the latest blockbuster on a Sunday, this card ensures you get more value out of every rupee spent.

What sets it apart:

• High Reward Value: Unlike many competitors that offer ₹0.20 to ₹0.30 per point, this card gives you ₹0.75 for every point earned.
• Lifetime Free Nature: Pay a one-time joining fee of ₹9,999 and never worry about an annual fee again.
• Accelerated Weekend Earnings: You earn more points on weekend spends, making it the perfect companion for leisure and shopping.

Quick check: To qualify for the IndusInd Legend, you need a minimum annual income of ₹3,00,000 and a CRIF credit score of 700 or above.

Let's break down why this card stands out in a crowded market:

Key Benefits and Features of the IndusInd Legend Credit Card

The IndusInd Legend Credit Card is packed with lifestyle and travel perks. Here is a detailed look at how this card adds value to your wallet:

Welcome Luxuries

The moment you join the Legend club, you get to choose your own welcome experience. This is not just a bunch of random points, but actual premium vouchers. You can opt for a complimentary stay at select Oberoi Hotels across India, which easily offsets a large part of your joining fee. Alternatively, you can choose the Luxe Gift Card, which gives you access to over 30 luxury brands across major Indian cities. If you prefer retail therapy, the bank offers brand vouchers for giants like Amazon, Flipkart, Uber, Ola, and Zee5.

The Reward Structure

The reward system is where this card truly shines for people who spend more during their time off. Each reward point is valued at ₹0.75, which is quite high. You can redeem these points for miles on Club Vistara or other airline partners, or use them through the IndusMoments portal.

• Weekday Spends: Earn 1 reward point for every ₹100 spent.
• Weekend Spends: Earn 2 reward points for every ₹100 spent.

Essentially, your weekend shopping earns you a 1.5% value back (2 points x ₹0.75), while weekday spends give you a 0.75% value back. Note that certain categories like government transactions, insurance, and utilities are excluded from earning rewards.

Travel and Airport Lounge Access

If you travel a few times a year, the IndusInd Legend has you covered. You get one complimentary domestic airport lounge visit every quarter, totaling four visits annually. For international travel, the card provides access to the Priority Pass program, opening doors to over 600 lounges globally. Another standout feature is the 1.8% foreign currency markup fee under the Travel Plus program. Most standard cards charge 3.5%, so this lower rate saves you nearly 2% on every international transaction.

Entertainment and Movies

Movie buffs can save significantly with the BookMyShow partnership. Once a month, you can get a "buy one get one free" offer on movie tickets. The free ticket is capped at ₹200. Additionally, the bank throws in a ₹50 discount on food and beverages when you book through the platform. If you go to the movies once a month, this feature alone saves you around ₹3,000 annually.

Fees, Eligibility, and Waivers

Understanding the cost of ownership is vital. The IndusInd Legend is straightforward with its pricing:

• Joining Fee: A one-time payment of ₹9,999 is required at the time of card issuance.
• Annual Fee: There is no annual fee. The card is lifetime free after the initial joining payment.
• Income Requirement: You should have a minimum annual income of ₹3 lakh.
• Credit Score: A CRIF score of 700 or higher is required for a smooth approval process.
• Age: Both salaried and self-employed individuals between 21 and 65 years can apply.

Fuel Surcharge Waiver

You can save on your commute with a 1% fuel surcharge waiver at petrol pumps across India. This applies to transactions between ₹400 and ₹4,000. The total waiver is capped at ₹100 per statement cycle, which covers about ₹10,000 worth of fuel monthly.

Comprehensive Insurance Coverage

Peace of mind is part of the package. The card includes a personal air accident insurance cover of up to ₹25 lakh. It also protects you against travel-related mishaps like lost baggage or passport loss. Most importantly, you are covered against unauthorized or fraudulent transactions if your card is ever lost or stolen.

How to Apply for the IndusInd Legend Credit Card

The application process is digital and designed to be quick. Follow these steps to get started:

1. Visit the official IndusInd Bank credit card portal or a trusted partner site like BankKaro.
2. Ensure you have your Aadhaar-linked mobile number ready, as this is required for the application.
3. Enter your basic details, including your PAN, mobile number, and email address.
4. Input your professional details, such as your employment type and annual income (ensure it meets the ₹3 LPA criteria).
5. Complete the digital KYC process, which involves a video call or OTP verification.
6. Once submitted, your application ID will be generated. You can expect tracking to update within 72 hours.
7. After approval and card delivery, make a minimum transaction of ₹100 within the first 30 days to keep the card active.

Credit Limit: What to Expect

Credit limits for the IndusInd Legend Credit Card are not fixed. The bank determines your limit based on several factors, including your current income, existing credit history, and your relationship with IndusInd Bank. Given the premium nature of the Legend card, applicants with a clean credit history and an income well above the minimum threshold often receive generous limits. If you are already an IndusInd customer with a high-balance savings account, you may be eligible for a higher starting limit. Most approved applicants receive a credit limit between ₹50,000 and ₹5,00,000, tailored to their specific income profile.

Comparison: IndusInd Legend vs. Competitor Cards

How does the IndusInd Legend stack up against other popular lifestyle cards? Let's look at the numbers:

While the IndusInd Legend has a higher joining fee than the Regalia Gold, its "Lifetime Free" status makes it cheaper in the long run (from the second year onwards). Its reward point value of ₹0.75 is significantly higher than both ICICI and IDFC competitors, making it a better choice for those who want actual cash value or high-value miles from their spends.

Documents Required for IndusInd Legend Card Application

You'll need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, or Voter ID.
• Address Proof: Aadhaar Card, Passport, or Utility Bills (not older than 2 months).
• Income Proof: Latest 3 months' salary slips and 6 months' bank statements.
• Employment Proof: Office ID card or employment letter.

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory) and Aadhaar Card.
• Address Proof: Aadhaar Card or Property Documents.
• Income Proof: Latest 2 years' ITR with computation of income and 6 months' bank statements.
• Business Proof: Business registration certificate or GST registration.

Note: Ensure all documents are clear and self-attested. The bank may ask for additional records during the verification stage.

Who Should Get This Card?

Should you get this card? Here is who benefits most from the IndusInd Legend:

The Weekend Spender

If you work hard during the week and spend on shopping, dining, and entertainment over the weekend, this card is a goldmine. Since reward points double on Saturdays and Sundays, a person spending ₹40,000 a month (mostly on weekends) can earn points worth ₹600 every month. Over a year, that is ₹7,200 back in your pocket just from points, not counting the movie and fuel savings.

The One-and-Done Fee Payer

You should choose this card if you hate tracking annual fee waiver targets. Most premium cards require you to spend ₹3-5 lakh a year to waive the annual fee. With the Legend card, you pay once and never have to look at the fee column again. It is perfect for someone who wants a premium card for the long haul without the recurring "bill shock" every anniversary.

The Aspiring Luxury Traveler

If you earn around ₹30,000 to ₹40,000 a month but want a taste of the luxury lifestyle, this is a great entry point. The Oberoi stay or Luxe vouchers provide a high-end experience immediately upon joining. The discounted 1.8% forex markup also makes it a sensible choice if you plan on taking one international trip a year.

You might want to skip this card if: You are looking for high-frequency domestic lounge access (more than once a quarter) or if you prefer a card with a lower initial joining cost.

BankKaro Expert Review

Based on my decade of experience in the credit card industry, the IndusInd Legend Credit Card is a "value-heavy" card hiding behind a premium joining fee. The biggest draw here is the ₹0.75 reward point valuation. In a market where even premium cards are devaluing points to ₹0.20, IndusInd has maintained a very healthy conversion rate for the Legend card.

The "Lifetime Free" aspect is the second biggest win. While the ₹9,999 joining fee seems steep, the welcome gifts (especially the Oberoi stay) effectively neutralize this cost. If you use those vouchers, you are essentially getting a premium, high-reward card for a net cost of nearly zero.

However, the card does have its limitations. The domestic lounge access is restricted to just one visit per quarter, which is lower than what many "Gold" or "Select" cards offer. Also, the lack of a dedicated dining program might disappoint foodies. My verdict: If you are a disciplined spender who wants a high-value reward card that pays for itself through weekend spends, the IndusInd Legend is a fantastic choice.

Terms and Conditions

• Please use your Aadhaar-linked mobile number to complete the application.
• If you are or have previously been an IndusInd Credit Card holder, you will not be eligible for CashKaro rewards.
• No rewards are applicable for pre-approved card applications.
• Tracking Time: Within 72 hours after Application ID generation.
• Confirmation Timeline: Within 75 days of card activation.
• A minimum transaction of ₹100 within 30 days is required to activate the card; failing this, the card may be closed.
• Rewards are not applicable for applications made via the IndusInd Bank App.