Indusind Nexxt Credit Card
IndusInd Nexxt Credit Card
A first of its kind interactive credit card, IndusInd Nexxt Credit Card has LED buttons to choose from the multiple payment options to shop at your preferred destination. You can choose to redeem reward points and opt for merchant credit or EMI. Press the relevant button before initiating a transaction. It enables faster payment at merchant establishments besides providing flexible payment options.
Key Highlights of Indusind Bank Pinnacle Credit Card
- The contactless feature enables faster payments at merchant establishments.
- Wide acceptance of the card.
- Flexible repayment options for POS purchases to make the shopping experience more exciting.
- Attractive welcome gifts and reward points.
- Online transactions are safe with the IndusInd Nexxt Credit Card.
- Book a ticket on BookMyShow to get a ticket free to make the movie-watching experience special.
- Fuel Surcharge waiver, across fuel stations within the country.
- Protection against fraudulent or unauthorised transactions through ‘Total Protect.’
- Travel Insurance to take care of any eventualities during a trip.
- Complimentary Air Accident Insurance Cover up to Rs. 25.00 lakhs
Features & Benefits of Indusind Nexxt Credit Card
The features and benefits of the IndusInd Nexxt Credit Card are interesting. Some of them are detailed below.
Welcome Gift
- Oberoi Gift Vouchers can be redeemed for a luxurious stay at the Oberoi Hotel while on either a business or a pleasure trip.
- Instant table booking at over 2000 restaurants across various cities with the EazyDiner Voucher.
- Get access to an array of unique collections from Mont Blanc Stores.
- Gain access to over 30 premium brands with the Luxe Gift Card
- Exciting offers on premium brands like hush puppies, Bata, William Penn, Vera Moda, Pantaloons, Titan and many more with Vouchagram
Rewards
- Every time you spend Rs.150 on the card, you earn one reward point. The reward points can be redeemed for ‘Pay with Rewards’ for purchases at POS, for Air Miles or catalogue products on IndusMoments.
Travel Benefits
- Access to over 600 airport lounges across the world with Priority Pass.
- Travel Insurance that takes provides insurance cover for the following.
- Baggage Loss: Cover up to Rs. 1.00 lakh
- Delayed Baggage: Cover up to Rs. 25000/-
- Loss of ticket: Cover up to Rs. 25000/-
- Loss of Passport: Cover up to Rs. 50000/-
- Missed connection: Cover up to Rs. 25000
Nexxt Entertainment
- Book a movie ticket on BookMyShow and get another movie ticket free
- The cardholder can get a maximum of 2 free movie tickets in a month.
- The price of the free movie ticket is capped at Rs. 200/- Anything over and above Rs. 200/- has to be paid by the cardholder.
Fuel Surcharge Waiver
Fuel Surcharge waiver up to 1% on fuel purchases at any fuel pump across the country.
Total Protect
- Insurance covers fraudulent or unauthorised transactions up to the credit limit of the primary card as well as the add-on card. The cover is available up to 48 hours prior to reporting the loss/theft to the bank.
- Insurance covers frauds that occur due to the loss or theft of a credit card.
Accident Insurance Cover
You will get a personal air accident insurance cover of up to Rs. 25.00 lakhs.
Contactless Feature
- Simply tap your card at merchant locations that are enabled for contactless payment and be done with your purchases.
- You can use the card for purchases at merchant establishments, for travel, for booking movie tickets, for paying utility bills and other online transactions.
- Shop at over 10 lakh merchant establishments within the country and 30 million outlets across the world.
Multiple Payment Options
- A feature that is unique to the IndusInd Nexxt Credit Card.
- Inbuilt LED lights to enable multiple payment options.
- You can choose to pay through reward points, EMI or the Credit option.
- There are individual LED buttons for the payment options.
- Before initiating the transaction, press the button relevant to the option you choose. The corresponding LED light will glow for 6 minutes.
- Within 6 minutes, you either tap/swipe/insert or give the card to the person at the cash counter.
- The LED light will switch off automatically after 20 seconds of completion of the transaction. If no transaction happens, the light will switch off after 6 minutes.
- EMI choices will be 6,12,18, and 24 months. If you choose the EMI option, you will have to press the button till the desired EMI option is shown. For instance, press once for six months, once again for 12 months and so on till you reach the option you desire.
- If you choose the merchant EMI, then the rate of interest could be higher than the regular 12% charged for EMI.
Fee and Charges of Indusind Nexxt Credit Card
There are several fees and charges associated with the IndusInd Nexxt Credit Card. The details of the charges are given below:
| Type of fees/charges | Amount |
|---|---|
| Joining Fee | Rs. 3499 |
| Annual Fee | Nil |
| Finance charges | 3.83% p.m. 46% annually |
| Cash payment at IndusInd Bank branches | Rs. 100 |
| Duplicate credit card | Rs. 100 |
| Issue of charge slip | Rs. 300 |
| Issue of duplicate statement | Rs. 100 for statements beyond 3 months |
| Delayed payment charges | Nil to Rs. 1300 depending on the minimum amount due |
| Cash Advance charges | 2.5% of the transaction with a minimum of Rs. 300/- per transaction. |
| Cheque dishonour charges | Rs. 250/- per instance |
Indusind Nexxt Credit Card Eligibility Criteria
Comply with the eligibility criteria mentioned below and get approval for the IndusInd Nexxt Credit Card.
Age: Should be between 18 years to 65 years at the time of applying for the IndusInd credit card.
Occupation: Salaried and Self-employed individuals are eligible for the credit card.
Credit Score: The minimum credit score required will be 750 and above.
Nationality: Resident Indian
Documents Required for Indusind Nexxt Credit Card
Submit the following documents along with the application for the IndusInd Nexxt Credit Card.
| Type of proof | Documents accepted |
|---|---|
| Residence |
|
| Photo ID |
|
| Income | For salaried individuals
For the self-employed
|
| Others | Two Passport size photographs |
IndusInd Nexxt Credit Card FAQs
The in-built LED lights that enable multiple payment options are the unique feature of the IndusInd Nexxt Credit Card. You can choose the option of full pay, Pay with Credit, Pay with EMI or Pay with Reward Points by just pushing the relevant button.
The LED light on the corresponding button will glow to indicate the payment option selected. With this, you can confirm your preference.
Before you initiate a transaction, i.e., before you swipe or wave the credit card, you should choose the preferred payment option by pushing the relevant button. The LED light will blink for 6 minutes after you push the button. You should either swipe/wave/insert or hand over the card to the cashier within 6 minutes.
The other ways of redeeming the reward points are to pay the credit card dues or redeem catalogue products.
The payment option has to be chosen before initiating the transaction and cannot be changed. You cannot change the option once the card is inserted into the swiping machine and the payment is authorised.
It will take two working days for the processing of the ‘pay by rewards’ and ‘pay by EMI’ options. You will receive a message for both acceptance and decline of the option vide SMS to your registered mobile number.