IndusInd Bank Legend Credit Card Review
The IndusInd Bank Legend is positioned as a premium lifestyle card, and it has some genuinely nice touches — points that never expire, a low 1.8% forex markup, golf and concierge, and a one-time-fee structure that makes it effectively free to hold long term. But two 2025 changes — most notably the removal of lounge access — have meaningfully dented its premium credentials, and the reward rate was never its strong suit. Here’s the honest, updated review.
- One-time ₹5,000 fee, then no annual fee — cheap to hold long term
- Reward points never expire while the card is active
- Low 1.8% forex markup — good for occasional international use
- Decent redemption value (1 RP = ₹0.50 cash, up to ₹0.75 ‘pay with points’)
- Golf programme, 24/7 concierge and luxury-brand (Indulge) access
- Weekend spends earn double points
- Complimentary lounge access discontinued (7 March 2025) — a major cut for a “premium” card
- InterMiles point transfer discontinued (21 Jan 2025)
- Low base reward rate (1 point/₹100 weekdays)
- ₹5,000 upfront fee is steep for the everyday value on offer
- Fuel earns no reward points
- 2% + GST dynamic-currency-conversion fee if billed in INR abroad (from 15 June 2026)
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹5,000 (one-time) |
| Annual fee | Nil after joining (lifetime free thereafter) |
| Forex markup | 1.8% (+2% + GST DCC if billed in INR abroad, from 15 June 2026) |
| Finance charges | 3.95% per month (47.40% p.a.) |
| Cash advance fee | 2.5% (min ₹300) |
| Fuel surcharge waiver | 1% on ₹400–₹4,000 transactions; 1% + GST fee on fuel spends above ₹30,000 per cycle from 15 June 2026 (fuel earns no points) |
Eligibility & documents
Age
18 to 65/70 years
Income
~₹20,000/month and above
Recommended CIBIL
Clean history / 750+ preferred
Network
Visa Signature
Credit limit
Set by IndusInd based on profile
Documents
PAN, Aadhaar, income proof, address proof
Rewards structure — the real math
- Weekdays: 1 reward point per ₹100.
- Weekends: 2 reward points per ₹100.
- Redemption: 1 RP = ₹0.50 as cash credit, up to ₹0.75 via ‘pay with points’; points never expire while the account is active.
- Milestone: 3,000 bonus points on ₹5 lakh annual spend.
At ₹0.50–0.75 per point, weekday spend earns roughly 0.5–0.75% and weekend spend 1–1.5%. That’s a below-average reward rate for a card marketed as premium — the card’s real appeal is the never-expiring points, the low forex and the one-time-fee economics, not the earn rate.
What changed in 2025 — and why it matters
- Lounge access discontinued (7 March 2025): the biggest blow — a premium card without complimentary airport lounges loses much of its travel appeal.
- InterMiles transfer discontinued (21 January 2025): one redemption avenue removed; redeem via cash credit or ‘pay with points’ instead.
Key benefits
- One-time fee then free for life — low long-term cost of ownership
- Never-expiring reward points with reasonable redemption value
- Low 1.8% forex markup for international spends
- Golf programme and 24/7 concierge
- Luxury-brand access via the Indulge programme
Usage terms & fine print
Lounge
Discontinued since 7 March 2025.
Point value
1 RP = ₹0.50 cash / up to ₹0.75 ‘pay with points’; never expires.
Forex
1.8% markup (+2% + GST DCC if billed in INR abroad, from 15 June 2026).
Fee model
₹5,000 one-time, then no annual fee.
Fuel
1% surcharge waiver on ₹400–₹4,000 transactions; fuel earns no points; 1% + GST fee on fuel above ₹30,000 per statement cycle from 15 June 2026.
Milestone
3,000 points at ₹5 lakh annual spend.
Compared with alternatives
| Card | Highlight | Fee | Edge |
|---|---|---|---|
| IndusInd Legend | One-time fee, points never expire | ₹5,000 one-time | Low long-term cost + 1.8% forex |
| IDFC FIRST Wealth | LTF Visa Infinite, lounges | Lifetime free | No upfront fee + lounges |
| Amazon Pay ICICI | 5% Amazon, 1.99% forex | Lifetime free | Better everyday cashback |
| IndusInd Pinnacle | Higher rewards/benefits | Varies | Stronger premium package |
Since the Legend lost its lounges, a lifetime-free card like IDFC FIRST Wealth arguably offers more premium value at no upfront cost. The Legend now makes most sense for someone who specifically wants never-expiring points and a low-forex card they’ll hold for many years to amortise the ₹5,000.
Who this card is for
- Best fit: long-term holders who value never-expiring points and a low 1.8% forex, and will keep the card for years.
- Best fit: those who use the golf/concierge/luxury-brand perks.
- Skip if: you wanted lounge access (now gone), a high reward rate, or a no-upfront-fee card.
How to apply & how to cancel
Apply: via indusind.bank.in or the IndusInd app; existing customers may get preferential processing. Eligibility check is typically a soft pull.
Cancel: call IndusInd customer care or request closure after clearing dues; redeem points before closing. Given the one-time fee, factor in how long you’ll hold it.
Final verdict
The IndusInd Legend is a card whose premium label has aged: the 2025 removal of lounge access took away its headline travel perk, and the reward rate was always modest. What remains genuinely useful is the economics — a one-time ₹5,000 fee then free for life, points that never expire, and a low 1.8% forex markup. As a long-hold, low-forex card with golf/concierge extras it has a niche; but if you want lounges or strong rewards, a lifetime-free card like IDFC FIRST Wealth or a good cashback card will serve you better.
Frequently asked questions
Is the IndusInd Legend lifetime free?
It charges a one-time ₹5,000 joining fee, after which there’s no annual fee — so it’s free to hold once you’ve paid the upfront fee.
Does it still offer lounge access?
No — complimentary lounge access was discontinued effective 7 March 2025.
What’s the reward rate?
1 reward point per ₹100 on weekdays and 2 per ₹100 on weekends, with 1 RP worth ₹0.50 (cash) to ₹0.75 (‘pay with points’). Points never expire.
What’s the forex markup?
1.8% — low for a card of this type — plus a 2% + GST dynamic-currency-conversion fee (from 15 June 2026) if a foreign merchant bills you in INR.
Did anything else change recently?
Yes — InterMiles point transfer was discontinued on 21 January 2025. Redeem via cash credit or ‘pay with points’.
Is it worth the ₹5,000 fee?
Only if you’ll hold it long term for the never-expiring points and low forex; since lounges are gone, a lifetime-free alternative like IDFC FIRST Wealth may offer more for less.
Data current as of October 2026 and cross-checked against IndusInd Bank’s official page and MITC, including 2025 changes. Fees, rates and benefits change periodically — always confirm current terms on indusind.bank.in before applying.