In-depth review
IndusInd Bank Indus Solitaire Credit Card
A super-premium Mastercard World Elite built around one genuinely rare feature: a 0% forex markup. Add KrisFlyer transfers at 5 points to 4 miles, Taj Epicure, a 12-round golf programme and up to 32 lounge visits a year and it is a coherent travel tool — but the base reward rate is a low ~0.5%, so it only makes sense for a frequent international traveller who will actually use the forex and transfer benefits.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹2,500 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
0.5% on Other
1 reward point per ₹100; redeem at ₹0.50/point for cash, or transfer to Singapore Airlines KrisFlyer at 5 reward points = 4 miles (minimum 500 points) where value can be higher
0.5% on International
1 reward point per ₹100 abroad with a genuine 0% forex markup — no currency conversion loading
Airport Lounge Access
Up to 32 lounge visits a year for the primary cardholder — 4 international a calendar quarter (LoungeKey), plus 4 within India a quarter which from Jul-2026 need ₹5,00,000 of spend in the previous quarter. Supplementary cards get the same quota; guest visits are chargeable.
Zero Forex Markup
Use abroad without extra charge — swipe internationally like you do domestically.
Annual Fee Waiver
Fee of ₹10,000 + 18% GST (₹11,800 all-in)/yr fully waived when you spend ₹10,00,000/year
Golf Privileges
Mastercard World Elite golf programme — 12 complimentary green fees a year (no more than 3 in a calendar quarter), 12 complimentary lessons a year (also 3 a quarter), and 4 guest green fees a year (1 a quarter), booked through Mastercard's golf portal.
Hotel Membership
Complimentary Taj Epicure membership, plus EazyDiner Prime and Moneycontrol Pro memberships
👑 PREMIUM LIFESTYLE BENEFITS
Concierge, golf, hotel membership and high-value perks for premium cardholders.
12 rounds
Golf rounds/year
₹15,000
Golf perk value
- 12 complimentary golf rounds/year at partner courses
- Complimentary Taj Epicure membership, plus EazyDiner Prime and Moneycontrol Pro memberships
✈️ TRAVEL BENEFITS
Lounge access, miles, forex rates and travel perks at a glance.
AIRPORT LOUNGE ACCESS
✓
Domestic lounges
✓
International lounges
₹24,000
Estimated annual value
0% — Zero!
Forex markup
- Domestic + international airport lounge access (worth ~₹24,000/yr)
- Zero forex markup — zero extra cost abroad
For an international spender and Singapore Airlines/Star Alliance flyer who will use the 0% forex markup and transfer points to KrisFlyer, values Taj Epicure, the golf programme and lounge access, and will clear ₹10 lakh a year to waive the fee. Not for someone chasing a high everyday cashback-style return.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.50. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Other | reward points | 0.5%1 pts/₹100 × ₹0.50 | — |
| International | reward points | 0.5%1 pts/₹100 × ₹0.50 | — |
| Education | reward points | 0.35%0.7 pts/₹100 × ₹0.50 | — |
| Government & Tax | reward points | 0.35%0.7 pts/₹100 × ₹0.50 | — |
| Insurance | reward points | 0.35%0.7 pts/₹100 × ₹0.50 | — |
| Rent | reward points | 0.35%0.7 pts/₹100 × ₹0.50 | — |
| Utility Bills | reward points | 0.35%0.7 pts/₹100 × ₹0.50 | — |
Other: 1 reward point per ₹100; redeem at ₹0.50/point for cash, or transfer to Singapore Airlines KrisFlyer at 5 reward points = 4 miles (minimum 500 points) where value can be higher
International: 1 reward point per ₹100 abroad with a genuine 0% forex markup — no currency conversion loading
Education: Reduced 0.70 reward points per ₹100 at educational institutions (MCCs 8211, 8241, 8244, 8249 and 8299)
Government & Tax: Reduced 0.70 reward points per ₹100 on government services (MCCs 9211, 9222, 9311, 9399, 9402, 9405 and 8220)
Insurance: Reduced 0.70 reward points per ₹100 on insurance premium payments (MCCs 5960 and 6300)
Rent: Reduced 0.70 reward points per ₹100 on rent and real-estate payments. IndusInd's current product page names both; its April-2024 detailed T&C MCC list does not — the newer page governs. The Solitaire is exempt from IndusInd's 1% third-party rent fee.
Utility Bills: Reduced 0.70 reward points per ₹100 on utility bill payments (MCC 4900). Insurance, government, education, real-estate and rent spends earn the same reduced rate and are scored on their own rows.
Earns nothing on: Fuel
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹11,800 |
| Joining fee (incl. 18% GST) | ₹35,400 |
| Finance charge (APR) | 3.83% p.m. |
| Forex markup | 0% |
| Reward redemption fee | ₹100 |
Perks & benefits
Estimated annual value beyond rewards — ~₹44,750/yr in total.
Up to 32 lounge visits a year for the primary cardholder — 4 international a calendar quarter (LoungeKey), plus 4 within India a quarter which from Jul-2026 need ₹5,00,000 of spend in the previous quarter. Supplementary cards get the same quota; guest visits are chargeable.
Mastercard World Elite golf programme — 12 complimentary green fees a year (no more than 3 in a calendar quarter), 12 complimentary lessons a year (also 3 a quarter), and 4 guest green fees a year (1 a quarter), booked through Mastercard's golf portal.
1% fuel surcharge waiver on transactions of ₹400–₹4,000, and IndusInd applies no ceiling (w.e.f 5 May 2024). The fuel spend itself earns no reward points.
Complimentary Taj Epicure membership, plus EazyDiner Prime and Moneycontrol Pro memberships
Should you get it?
- Best for: Frequent international traveller who will use the 0% forex markup, Singapore Airlines / Star Alliance flyer who transfers points to KrisFlyer, Golfer who will use 12 green fees and 12 lessons a year on the Mastercard World Elite programme, User who values Taj Epicure and dining memberships and will spend ₹10 lakh a year
- Super Premium tier — built for high spenders who want top-end perks.
- Strongest value if you spend heavily on everyday spends (0.5% back).
- Frequent travellers benefit from the included airport lounge access.
Pros & cons
✓ Pros
- Genuine 0% forex markup — no currency conversion loading on international spends
- Points transfer to Singapore Airlines KrisFlyer at 5 reward points = 4 miles, minimum 500 points
- 5,000 bonus reward points on ₹1 lakh of spend in the first 30 days
- Mastercard World Elite golf — 12 green fees and 12 lessons a year, plus 4 guest green fees
- Complimentary Taj Epicure, EazyDiner Prime and Moneycontrol Pro memberships
- Exempt from IndusInd's 15 June 2026 charges — no fuel fee, no dynamic-currency-conversion fee, no transport fee — and from the 1% third-party rent fee
✕ Cons
- Base reward rate is a low ~0.5% (₹0.50 per point) — weak for a ₹30,000-joining-fee card
- Reduced 0.70 points per ₹100 on utilities, insurance, government, education, real estate and rent
- Fuel transactions earn no reward points at all — IndusInd stopped accruing on fuel across the portfolio on 1 April 2018
- Within-India lounge visits are gated behind ₹5 lakh of spend in the previous quarter, from the July-2026 quarter onward
- Redeeming costs money — ₹149 + GST for cash credit and ₹100 + GST for every other redemption category
- Value depends heavily on using the 0% forex and KrisFlyer transfers — thin for a domestic-only spender
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Cash credit at ₹0.50/point, with a ₹149 + GST redemption fee
- 🎁Singapore Airlines KrisFlyer miles at 5 reward points = 4 miles, minimum 500 points, under IndusInd's ₹100 + GST fee for every non-cash redemption
- 🎁Online rewards catalogue — vouchers and merchandise, also ₹100 + GST per redemption
What your IndusInd Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Above-average base value
Brand & e-gift vouchers
Three partners only — Air India Maharaja, Singapore KrisFlyer and Club ITC. Ratios are per-card AND per-partner: Air India is 1:1 on Pioneer Private & Tiger (⇒ ₹1/pt), 2:1 on Pinnacle/Heritage/Indulge, 4:1 on Legend. KrisFlyer is 1:1 on Pioneer Private but 4:1 on Tiger — the same card, a different partner. Club ITC 1:1 is Pioneer Private only. Capped at 10,000 pts/month to KrisFlyer.
✈ Transfer partners
Direct transfers from this card only, ranked by what a point is worth in the destination programme. Full calculator, every currency →
The base reward rate is a low ~0.5% (₹0.50 per point), and utilities, insurance, government, education, real estate and rent earn only 0.70 points per ₹100 while fuel earns nothing at all — so the card only makes sense for the zero forex, the KrisFlyer transfer route and the lifestyle bundle. A domestic spender who will not use those is paying ₹30,000 for little.
Frequently asked questions
Does the Indus Solitaire really have zero forex markup?
How much is a Solitaire reward point worth?
What is the welcome benefit?
How much lounge access does the Solitaire give?
What memberships come with the card?
How is the annual fee waived?
How has the IndusInd Bank Indus Solitaire Credit Card changed over time?
Has the IndusInd Bank Indus Solitaire Credit Card been devalued recently?
When did the IndusInd Bank Indus Solitaire Credit Card's fees last change?
How did the IndusInd Bank Indus Solitaire Credit Card change in 2025?
The bottom line
The Solitaire is a travel-and-lifestyle card, not a rewards engine. Its 0% forex markup is a genuine standout, KrisFlyer transfers at 5 points to 4 miles can lift the otherwise low ₹0.50 point value, and the Taj Epicure, golf and lounge bundle is real. But the base ~0.5% earn rate is weak, and the within-India lounge visits are spend-gated — so this earns its ₹30,000 fee for a frequent international traveller who transfers to KrisFlyer, and underdelivers for a domestic-only spender.
How this page was built
Counted from this card’s own record: 7 earn rules, the spends listed as earning nothing and 4 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the IndusInd Bank Indus Solitaire Credit Card are taken from IndusInd Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for IndusInd Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
IndusInd Bank Indus Solitaire Credit Card
A super-premium Mastercard World Elite built around one genuinely rare feature: a 0% forex markup. Add KrisFlyer transfers at 5 points to 4 miles, Taj Epicure, a 12-round golf programme and up to 32 lounge visits a year and it is a coherent travel tool — but the base reward rate is a low ~0.5%, so it only makes sense for a frequent international traveller who will actually use the forex and transfer benefits.
IndusInd Bank Celesta Credit Card
A super-premium American Express card whose real value is unlimited domestic lounge access, two international Priority Pass visits a quarter and a monthly golf game — not its everyday rate, and not a welcome gift, because IndusInd publishes no brand or value for the one its ₹25,000 joining fee buys. Points redeem at a strong ₹0.75 each, but cash redemption is capped at 10,000 points a month, and the 3.5% forex markup makes it a poor card to actually carry abroad despite the 3x international earn.
IndusInd Bank Crest Credit Card
An invite-only super-premium card that is a relationship product, not a rewards engine. Its strengths are real — a ₹0.75-per-point value, a discounted 1.8% forex markup and a monthly golf allowance — but the base earn rate is modest and the domestic lounge visits are gated behind ₹5 lakh of spend every quarter.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2023 · last change Jun 2026
2026
- ▲ FeeEffective 15 Jun 2026
Late-payment charges waived; exempted from the new surcharges
Late-payment charges applied per the standard grid→Late-payment charges waived; no fuel or transport surcharge
The 15 June 2026 charges revision made the Indus Solitaire better, not worse. IndusInd added the Solitaire to the short list of cards whose late-payment charges are waived — until 14 June 2026 that waiver covered only the Club Vistara Explorer, Pioneer Private and Pioneer Heritage; from 15 June it reads Pioneer Private, Pioneer Heritage and Indus Solitaire. The Solitaire is also named as exempt from both the new 1% + GST transport surcharge (above ₹40,000 a cycle) and the fuel surcharge that other variants now pay from ₹30,000 or ₹50,000 a cycle, and from the DCC fee that rose to 2% on standard cards.
Verification: IndusInd Bank ↗ · Confidence: High
2025
- ▼ BenefitEffective 21 Dec 2025
Complimentary air-accident insurance withdrawn
Complimentary air-accident cover provided with the card→No air-accident cover
On 21 December 2025 IndusInd discontinued the complimentary air-accident insurance feature across its credit cards, stating simply that the coverage "stands discontinued". The bank published no replacement and named no exempt card. Note that several IndusInd product pages still described the cover months afterwards — the Avios, Duo, Pioneer Private and Platinum pages all still advertised it in August 2026 — so a reader may encounter the old wording on IndusInd's own site; the dated withdrawal notice is the operative statement. Other insurance benefits are unaffected: lost-card liability, Total Protect fraud cover, travel insurance and purchase protection continue where the card carried them.
Verification: IndusInd Bank ↗ · Confidence: High
- ▼ RedemptionEffective 1 Apr 2025
Cash redemption fee raised to ₹149 and capped at 50% of balance
Lower redemption fee; full balance redeemable→₹149 + GST per cash redemption; max 50% of balance
IndusInd's portfolio-wide reward-redemption revision took effect on 1 April 2025. Redeeming points against cash credit on IndusMoments now costs ₹149 + GST, and a customer may redeem only 50% of their total points balance against cash credit (applied alongside the product-level monthly cap). The same revision pulls back points earned on unpaid spends where the minimum amount due is missed, ends points on fractional spends above the base multiplier, and cuts the twid 'Pay with Rewards' threshold from the 2nd transaction (15% to 12.5% on travel, 10% elsewhere). The Solitaire is not on IndusInd's exempt list for the redemption fee — and on a card whose points cash out at only ₹0.50 each, a ₹149 fee is a heavy toll on small redemptions.
Verification: IndusInd Bank ↗ · Confidence: High
2023
- ◆ LaunchEffective 15 Dec 2023
Indus Solitaire launched with the diamond-industry banking programme
IndusInd launched the Indus Solitaire Program on 15 December 2023 — a community banking programme built for the diamond industry, served through flagship branches in Mumbai and Surat and marked by a new branch at the Surat Diamond Bourse. The credit card arrived as part of that bundle, carrying the features the programme was announced with: a zero cross-currency markup on foreign exchange, complimentary lounge access, top-tier hotel memberships, complimentary golf lessons and movie tickets, concierge, overseas hospitalisation cover and a rewards structure. It is the only card in the range sold on a genuine 0% forex markup.
Verification: IndusInd Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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