IndusInd Bank Platinum Aura Edge Credit Card
The IndusInd Platinum Aura Edge Credit Card is a simple credit card similar to the IndusInd Platinum Aura Credit Card. Both cards have a joining fee of Rs. 500 and offer exclusive welcome gift vouchers. The Platinum Aura Edge Card offers four reward plans: shop plan, home plan, travel plan, and party plan, so you can choose the one that fits your needs.
You can earn up to 4 saving points for every Rs. 100 spent, and each point is worth Re. 0.25 when redeemed. A great feature of this card is that it has no annual fee. You only pay the joining fee of Rs. 500, and the card becomes free for life after that. Other benefits include free air accident insurance and various travel insurance covers. For more details on fees and features, see the information below.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
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