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IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
🇮🇳 India · IndusInd Bank

IndusInd Iconia Amex

Mid-premium Amex with annual-fee waiver from year 2.

4.2 / 5
Joining fee
₹3,500
Annual fee
₹0
Top reward
5%
Min income
₹600,000

External link to IndusInd Bank. We may earn a referral commission, at no cost to you.

5-year value calculator

How much IndusInd Iconia Amex actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards17,400
Annual feeNo fee
0
Cumulative net value
+87,000
over 5 years
Year 1
17,400
+17,400/yr
Year 2
34,800
+17,400/yr
Year 3
52,200
+17,400/yr
Year 4
69,600
+17,400/yr
Year 5
87,000
+17,400/yr
Year 1 (with bonus)
17,400
Year 2+ (steady state)
17,400/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

Reward rates

What you earn back, by category.

shopping
5%
📈
Everything else
1.5%
📈
🎁
Welcome bonus

4,000 reward points + Yatra voucher

What you get

  • 10 reward points per ₹100 on weekend dining + grocery
  • 4 international + 8 domestic lounge visits/year
  • Annual fee waived from year 2 (lifetime)
  • 1% fuel surcharge waiver
  • Buy-1-get-1 BookMyShow

Eligibility

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹600,000
Min credit score
770+
Self-employed
Eligible