IndusInd Bank announces 5 credit card changes from June 15: Here’s what you should know

IndusInd Bank has announced changes related to IndusInd Bank credit cards. These changes will be effective from June 15, 2026.

Below are the changes announced by the private sector bank.

Revision in late payment charges: The bank will charge the late payment charges as mentioned in the table below:

Fuel transactions fee: The bank will charge 1% fee + GST on cumulative fuel transactions exceeding ₹30,000 in a statement cycle for Platinum RuPay, Platinum, Platinum Aura Edge, Duo, ePay Amex, Legend, Nexxt, EazyDiner Platinum, Iconia Visa, Platinum Aura Edge (For Government Sector), Platinum Aura, Platinum Select, Signature, Samman, IndusInd Bank Jio-bp Mobility+ Credit Card and CRED IndusInd Bank RuPay Credit Card.

Fee is not applicable on Pioneer Private, Pioneer Heritage and Indus Solitaire Credit Cards.

Dynamic Currency Conversion fee (DCC): The bank will charge 1% Mark-up fee plus taxes on all transactions carried out in Indian Currency at an international location/merchants located in India but registered overseas. DCC is a fee charged when you transact abroad and choose to pay in your home currency as against the local currency.

Transaction fees on transport excluding Air MCC: 1% Fee + GST on cumulative transactions exceeding ₹40,000 expenses in a statement cycle. Fee not applicable on Pioneer Private, Pioneer Heritage and Indus Solitaire Credit Cards.

Changes in interest calculation: This is the major change the bank will implement in respect of interest rate calculation. In the event a cardmember has been making partial payments, but in the current month has paid in full on or before the due date, the closing balance as per the previous statement will continue to accrue interest until the date of payment.

For example, assuming a cardmember has not made payment in full for the statement dated 18 November, payment made in full for 18 December statement on 8 January will result in the closing balance of the previous statement continuing to accrue interest until the date of payment. This interest will be collected in the following month’s statement.

The following is the list of transactions and charges passed to the card account:

Revolving interest amount applicable from 10 November till 18 December is calculated as below:

Interest on ₹6,835 from 19 December to 6 January is calculated as below:

So, the main change is in relation to the interest rate calculation as henceforth the interest free-period will kick in only after the payments for the two billing cycles are paid in full and on time.