Indian Bank Visa Platinum Credit Card Review
The Indian Bank Visa Platinum is a no-frills PSU everyday card — zero joining fee, basic rewards, and insurance cover, aimed at existing Indian Bank customers. Here is the verified review.
- Zero joining fee; AMC waived at ₹50,000 spend
- Insurance cover (air-accident, death, hospitalisation)
- Up to 4 add-on cards; EMI facility
- Golf, shopping and dining privileges
- Backed by a PSU bank
- Low 1 RP/₹100 reward rate
- No lounge access
- Basic benefits overall
- Best for existing Indian Bank customers
- Reward value depends on redemption
Fees & rewards
| Item | Detail |
|---|---|
| Joining fee | Nil |
| AMC | Waived if prior-year spend > ₹50,000 |
| Rewards | 1 RP per ₹100 |
| Add-on cards | Up to 4 |
| Insurance | ₹5L air-accident / ₹2L other death / ₹1L hospitalisation |
Eligibility & documents
Network
Visa Platinum
Fee
Zero joining
Recommended CIBIL
~720+
Best for
Indian Bank customers
EMI
Available
Documents
PAN, Aadhaar, income & address proof
Who this card is for
- Best fit: Indian Bank customers who want a simple, no-fee everyday card with insurance cover.
- Skip if: you want lounge access or a high reward rate.
How to apply & how to cancel
Apply: via indianbank.in or a branch. Cancel: contact Indian Bank cards after clearing dues; redeem points first.
Final verdict
The Indian Bank Visa Platinum is a basic, no-fee PSU everyday card — useful insurance cover and add-on cards, but a low reward rate and no lounges. It suits Indian Bank customers wanting a simple card; rewards-focused users should look elsewhere.
Frequently asked questions
What is the fee?
Zero joining fee; the annual maintenance charge is waived if previous-year spend exceeds ₹50,000.
How does it reward spends?
1 reward point per ₹100.
What insurance is included?
₹5 lakh air-accident death, ₹2 lakh other-cause death (primary) and up to ₹1 lakh hospitalisation cover.
Does it offer lounge access?
No — it’s a basic everyday card without complimentary lounge access.
Data current as of June 2026, cross-checked against Indian Bank and aggregators. Confirm current terms on indianbank.in before applying.