IndusInd Bank has introduced a fantastic fee reversal offer for all Titanium Delights Debit Card holders, both new and existing. Here’s what you need to know:
1. Issuance Fee Reversal
- For new cardholders, the ₹499 issuance fee for the first year will be reversed.
- Existing cardholders will also get the issuance fee and annual fee of ₹499 reversed every year.
2. Eligibility Criteria
- Spend at least ₹25,000 on the debit card in the first three months of card issuance/anniversary.
- Alternatively, maintain an average monthly balance of ₹25,000 in the linked account for three months.
- Example: If the card was issued on 25th March, the eligibility period will be April-June.
3. Important Offer Details
- ATM and UPI transactions are excluded.
- Unauthorized/disputed transactions won’t count towards minimum spending.
- The offer is voluntary and only valid for active debit cardholders.
4. Reversal Timing
- Fee reversals will occur at the end of the fourth calendar month from card issuance or anniversary.
5. Terms & Conditions
- Offer applicable only to Indian residents holding savings accounts with IndusInd Bank.
- IndusInd Bank reserves the right to modify or revoke the offer at any time.