IndusInd Bank Legend credit card is a mid-segment offering launched in 2018. Legend credit offers 2X reward points on weekend spends. We can use these points for cashback or can also transfer them to Vistara among other options. It also offers a good BookMyShow offer to get Buy One Get One on movie tickets. Here is a review of the IndusInd Bank Legend credit card and its rewards & benefits.
Fees and Charges
LTF Offer on Legend Credit Cards
| Joining Fee | NIL – LTF Offer |
| Welcome Benefit | 1 year EazyDiner Prime Membership |
| Annual Fee | NIL |
Rewards
| CATEGORY | REWARD POINTS PER RS 100 | RETURN@75PPER RP |
|---|---|---|
| Weekday Spends | 1 | 0.75% |
| Weekend Spends | 2 | 1.5% |
| Fuel Spends | NIL | NIL |
| Medical, Automobiles & Telecom | 1 | 0.75% |
| Utility Bills, Insurance, Government Services, Education, Rent & Real Estate | 0.7 | 0.53% |
Milestone Rewards
- 4000 Reward Points on spending Rs 6 Lakhs in a year
This is a nice 0.6% extra benefit on crossing Rs 6 Lakhs spend. If we spend only on weekends, the 2.5% reward rate is also better than the IndusInd Pinnacle credit card which offers 2%. This sounds good but we have an issue. Major categories like bill payments, insurance etc. get a return of just 0.53%. Excluding these categories, it is very difficult to spend Rs 6 Lakhs on this card. We have many better cashback and rewards credit cards in the market.
Rewards Redemption
Each reward point is equal to 75 paise for a statement credit for IndusInd Bank Legend credit card. We can also transfer reward points to Vistara and InterMiles at 1:1 ratio.
- E-Vouchers and products on IndusMoments
- Airmiles transfer to InterMiles/Vistara
- Cash Credit: Max 25000 RP per statement
Taking a statement credit for the accumulated reward points is a better option than the other ones. The value for cash credit used to be 1 RP = Rs 1 but was devalued later by IndusInd Bank.
Movie and Dining Offers on the IndusInd Bank Legend credit card
We get EazyDiner Prime membership free for the first year. The membership is worth Rs 2495 with payment offers. This is a good deal for an LTF credit card as the Prime membership gets you extra benefits at select restaurants and bars.
The BookMyShow offer on this card is also another good benefit. We get Buy One Get One on movie tickets. The discount for the second movie ticket is capped at Rs 200 and can be availed 3 times per month.
Complimentary Airport Lounge Access
- Airport Lounge Access in India: 2 complimentary lounge visits per quarter with Visa/Mastercard
- Airport Lounge Access outside India: Not available. We get a Priority Pass membership but there is not complimentary lounge visit included in it.
Key Benefits and Charges
- Foreign Currency Markup: 1.8%+GST ~2.1%
- Fuel Surcharge Waiver: Up to 2.5% fuel surcharge waiver
- Golf Lesson: 1 lesson per month
- Golf Game: 1 game per month
- 24*7 Concierge
- 24*7 Auto Assist
Final Thoughts
IndusInd Bank’s credit card offerings are not among the best when it comes to rewards. We have many better options if we want cashback. So, is there a use for getting the IndusInd Legend card today? The answer may be yes depending on your requirements.
Legend is now offered Lifetime Free (LTF). For an LTF tag, we get a 1-year EazyDiner membership along with BOGO on BMS 3 times per calendar month. Add in the domestic airport lounge access and it can still be a value offering today. Getting the Legend credit card can also help you avail 10% instant discount offers on Amazon or Flipkart.
