IndusInd Bank brought Deutsche Bank Credit Card business in India. After last few years of quite operations IndusInd has launched few new credit cards in market. This is one of them.
IndusInd Iconia credit card as the name suggest is a premium credit card.
Iconia Card joining fees is Rs.3500 though you get satya paul and Jet airways vouchers of similar amount.
This card has got amex version and visa version.
Amex version gives 1.5 points on Rs.100 in weekdays and 2 points on weekends.
Visa version gives .75 point on Rs.100 in weekdays and 1 point on weekends.
Best part is each point is worth Re.1 and you can cash credit on your statement directly.
Other redemption offer like airmiles , hotel vouchers etc are also available.
The Amex version effective cashback on weekends is 2% and 1.5% on weekdays. This make this card extremely beneficial for large spending if amex is accepted.
One also get Amex lounge access with Amex card variant in many of Airports in India.
Other benefits include free 2 monthly movie tickets, Golf lessons Access, priority pass membership, travel insurance, Concierge services, petrol surcharge waiver, Roadside assistance, Card protection insurance and Air accident cover.
All in all good credit card if you travel and spend a lot.