Travel on Points
Fintech Cards

Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card

  • Joining fee

    Nil

  • Annual fee

    Nil

  • Best suited for

    Movies, Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    2.5 RP for every ₹100 spent on E-commerce Transactions; 1 RP for every ₹100 spent on UPI and POS Transactions

  • Reward redemption

    Redeem RP for Cash Credit where 1 RP = ₹0.40

Benefits

  • Movie & dining

    BOGO Offer on Movie Tickets every Month via BookMyShow

  • Insurance

    Insurance is provided (Air Accident, Counterfeit Fraud, Loss/Theft of Card)

Fees & charges

  • Spend-based waiver

    Not Applicable

  • Foreign currency markup

    3.5%

  • Interest rates

    3.83% per month (46% Annually)

  • Fuel surcharge waiver

    1% Fuel Surcharge Waiver for Transactions Between ₹400 and ₹4,000 at all Petrol Stations.

  • Cash advance charges

    Nil

Product highlights

  • Milestone Benefits worth 3000 reward points on spending ₹4 lakhs.
  • BOGO offer on movie tickets capped at ₹200 per month.
  • 1% fuel surcharge waiver on transactions at every petrol pump in India.
  • ‘Total Protect’ has been introduced for insurance coverage.

Pros & cons

Pros

  • Lifetime-free credit card with no annual charges.
  • This card can be linked with UPI apps for hassle-free transactions.

Cons

  • No dining offers with this card.
  • This card does not offer a very good reward rate.

FAQs

Are there any annual fees for the card?

No, there are no annual fees. The card is a lifetime-free credit card, meaning you won’t have to pay any yearly charges to keep it active

Can I link the Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card with UPI apps?

The card can be linked with various UPI apps, such as Google Pay, BHIM, Paytm, etc., for easy and hassle-free transactions.

Do the reward points earned with the Poonawalla RuPay Credit Card expire?

Yes, the reward points earned with the Poonawalla Fincorp RuPay Credit Card expire after 24 months from the date the points were credited to the cardholder’s account.

Is there a limit to the BOGO offer on movie tickets?

Yes, there is a limit on the buy-one-get-one-free offer on movie tickets. You can avail of the BOGO offer once every month which is capped at ₹200.