IndusInd is back with IndusInd Rewardz Festival 2022. Like previous offers, IndusInd has brought milestone spending-based bonus rewards where we can get vouchers. The bonus return on spending is between 2% to 5% with many variants. Here are the details for this year:
Update: This offer was fulfilled on 21-January-2023. Check your email/SMS for redeeming the rewards.
IndusInd Rewardz Festival 2022 Details
| Offer | Get gift vouchers worth Rs X on achieving spends target of Rs Y |
| Enrollment | SMS JOIN to 5676757 from the registered mobile number OR click on the link in the offer email or app notification Enrollment is open till 30th September 2022. The offer is NOT valid unless we are opting in. |
| Offer Validity | Date of Enrollment to 31st October 2022 |
| Excluded Spends | Insurance Premium, Rent & Real Estate Payments, Government Taxes, Education Payments, and Bill Payments |
| Excluded Credit Cards | Corporate Cards, Classic/Gold Credit Cards, InterMiles Cards, WorldMiles Cards, and Chelsea Card and all the credit cards issued after 15th August 2022. |
| Fulfillment | 31-Jan-2023 |
| T&C | Link |
My Take
While the offer is simpler than last time, there is no improvement when it comes to the bonus reward rate. The IndusInd Rewardz festival continues its downward journey in 2022 as well. I got an offer on my Pinnacle card to get a gift voucher worth Rs 250 on spends of Rs 5000. A reward rate of 5% on a nominal spend which is pretty ok considering I never use the card.
Another thing, we do know yet is which brand vouchers will be sent for fulfillment. Hopefully, it is something useful. But, with the spend type exclusions and the low bonus reward rate, there is no use for this offer.
So far, the best festive offer is from Axis Bank. Check it out if you haven’t yet.
