IDBI Aspire Platinum
MyRupaya Ratings
Product Details
Credit Card Name :
IDBI Aspire Platinum
Bank Name :
IDBI Bank
Type :
Lifestyle Credit Card
Interest Rate :
2.9% (p.m.) i.e. 34.80% p.a.
Eligibility :
Primary card holder should be in the age bracket of 21 years to 60 years (65 years for self-employed).
Add-on card holder should be 18 years and above
Should be a resident of India
Pros
Welcome Benefit: Users will get 500 Delight points on first usage of the card within 30 days or 300 Delight Points on usage between 31 to 90 days from the card issuance date. The minimum eligible transaction value for the welcome gift is 1,500.Welcome gift of 300 reward points available for new users.
Reward System: The value of 1 Delight point is 0.25 Paisa. Users will earn 2 Delight points for every 150 spent. Effective cashback rate: 0.33%.
Interest-free credit of up to 48 days.
Fuel surcharge waiver.
Zero Lost Card Liability.
Lifetime free card.
No Reward Redemption fees.
Cons
No domestic/international airport lounge access facility.
No cashback offers available.
Pros & Cons
Welcome Benefits
Users will get 500 Delight points on first usage of the card within 30 days or 300 Delight Points on usage between 31 to 90 days from the card issuance date. The minimum eligible transaction value for the welcome gift is 1,500.
Rewards System
The value of 1 Delight point is 0.25 Paisa. Users will earn 2 Delight points for every 150 spent. Effective cashback rate: 0.33%.
International Forex Markup
IFM- upto 3.5%
Welcome Benefits and Reward System
Special Features
Customers will be eligible for exclusive offers on airport shopping, hotel,car rentals etc.
Eligibility Criteria
Primary card holder should be in the age bracket of 21 years to 60 years (65 years for self-employed).
Add-on card holder should be 18 years and above
Should be a resident of India
Benefits
Welcome bonus of 500 Delight Points.
Interest-free period of up to 50 days.
1% fuel surcharge waiver.
Zero liability protection.
Rewards program.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Check the eligibility criteria.
The eligibility criteria for the IDBI Aspire Platinum Credit Card are: Age: 21-60 years (salaried) or 65 years (self-employed) Minimum income: INR 25,000 per month (salaried) or INR 40,000 per month (self-employed) Good credit history
Gather the required documents.
The required documents are: A recent passport-size photograph Proof of identity (any of the following): Voter ID, passport, driving license, PAN card, Aadhaar card Proof of residence (any of the following): Electricity bill, telephone bill, Aadhaar card, passport Proof of income (any of the following): Latest 3 months' salary slip, latest 3 months bank statement, income tax returns (ITR)/Form 16
Apply online or offline.
You can apply for the card online through the IDBI Bank website or offline by visiting any IDBI Bank branch.
Submit your application.
Once you have gathered the required documents, you can submit your application online or offline.
Wait for the approval.
The bank will review your application and let you know the status within a few days.
If your application is approved, you will receive the card within 7-10 working days.
Contact Details
Call on our Phone Banking numbers - Toll Free - 1800 425 7600 Non Toll Free - 022 4042 6013(24x7 service)
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Users will get 500 Delight points on first usage of the card within 30 days or 300 Delight Points on usage between 31 to 90 days from the card issuance date. The minimum eligible transaction value for the welcome gift is 1,500.Welcome gift of 300 reward points available for new users.
Reward System: The value of 1 Delight point is 0.25 Paisa. Users will earn 2 Delight points for every 150 spent. Effective cashback rate: 0.33%.
Interest-free credit of up to 48 days.
Fuel surcharge waiver.
Zero Lost Card Liability.
Lifetime free card.
No Reward Redemption fees.
No domestic/international airport lounge access facility.
No cashback offers available.
The IDBI Aspire Platinum Credit Card is a tempting option for high-flying spenders and frequent travelers who value the absolute convenience of unlimited airport lounge access, comprehensive travel insurance, and top-tier rewards across most categories. The generous welcome bonus, fuel surcharge waiver, movie ticket offers, and complimentary add-on card further add value. However, the hefty annual fee, limited network, limited point redemption options, and potentially lower point value might not be ideal for moderate spenders, those seeking wider network coverage, diverse redemption options, or the highest possible point value redemption.
IDBI Aspire Platinum Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee - (Primary / Add-on Card): Nil
Annual Fee – (Primary / Add-on Card): Nil
Cash Advance Fee: 2.5% of transaction fee or 500/-, whichever is higher
Interest Rate: 2.9% (p.m.)
Late Payment Fess (Per occasion , Based on amount due)=Rs. 500 – Nil> > Rs. 500 to = Rs. 5000 – Rs. 400 > Rs. 5000 to =Rs. 10000 - Rs. 500 > Rs. 10000 to =Rs. 20000 - Rs. 750 > Rs. 20000 – Rs. 950
Foreign Currency Transactions mark- up 3.5%
Rewards Points Redemption Fee: Nil
Fuel Surcharge
1% surcharge on Fuel transaction value or Rs.10, whichever is higher. However, Fuel surcharge waiver of up to Rs.100 per month is available. (The Surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000.)
Billing Cycle
30 Days