INDUSIND savings offer 25% cashback

Cashback offer is applicable to IndusInd Bank Credit Card Customers who hold a valid and open IndusInd Bank Credit Card (Cardholder) account and do not have an IndusInd Bank Savings account as of 28th December, 2020 or IndusInd Bank Cardholders who open their Credit Card account post 28th Dec & Subsequently Open their IndusInd Bank Savings account.
Such IndusInd Bank Credit Card Customers opening an IndusInd Bank Savings account will be eligible for Cashback on their eligible Credit Card spends on select Merchant categories, the quantum of such Cashback will be as follows:
10% Cashback, capped upto Rs. 750, if IndusInd Bank Savings account is opened with Initial Funding between Rs. 10,000 to less than Rs. 20,000
15% Cashback, capped upto Rs. 1,250, if IndusInd Bank Savings account is opened with Initial Funding between Rs. 20,000 & less than Rs. 50,000
25% Cashback, capped upto Rs. 1,750, if IndusInd Bank Savings account is opened with Initial Funding Rs. 50,000 or More
Merchant Categories included for Cashback – Dining, Takeaway, Grocery and Supermarket (both Online and Offline) as defined by Visa/MasterCard/American Express.
Transactions are classified into Merchant Category Groups (MCG) as defined by Visa/MasterCard/American Express. Only transactions under the eligible merchant categories will be considered for the purpose of calculating spends. IndusInd Bank will not be responsible, if any Merchant Establishment has not mapped its MID (Merchant ID) under the correct MCG.