Fees
Annual feeNot publicly disclosed (Year 1 Nil; second-year fee invite-only HNI structure)
Joining feeNil (zero joining fee)
Renewal feeNot publicly disclosed
Fee waiverNot publicly disclosed — invite-only card, fees communicated individually
Interest rate3.75% per month (standard IndusInd rate; specific premium rate not confirmed)
Late paymentAs per IndusInd Bank schedule of charges
Forex markup3.5% + GST (standard IndusInd rate; zero forex not confirmed for Sovereign)
Cash advance2.5% of amount (as per IndusInd Bank schedule)
Rewards & cashback
Accelerated rate5 CRED Points per INR 100 on e-commerce, CRED Pay, CRED Travel, CRED UPI. 1 CRED Point per INR 100 on all other spends (offline, UPI Scan & Pay, international).
Cashback capFull monthly earning cap not publicly disclosed (invite-only, HNI card).
Redemption optionsCRED Pay at 500+ merchant partners (1:1 — 1 Point = Re. 1). Flights (powered by ixigo) and 8,00,000+ hotels (powered by Expedia) at 1:1. CRED Store (2,000+ products) at 1:1. Bill payment: 2:1 ratio (each point worth Re. 0.50). Automatic points application at CRED Pay merchants.
Welcome bonusWelcome benefit not publicly disclosed — invite-only for select CRED HNI members. Card crafted in 18KT gold.
Travel & lounge
Domestic loungeLounge access details not publicly confirmed — super premium card; presumed comprehensive. Verify with CRED/IndusInd.
International loungeLounge access details not publicly confirmed. Verify with CRED/IndusInd Bank.
Lifestyle
Fuel surchargeFuel surcharge waiver details not publicly confirmed.
Special offersInvite-only launch to select CRED HNI members (September 2025). Automatic CRED Points application across the CRED ecosystem. Two-minute application process via CRED app for invited members.
Additional benefitsIndia's first credit card on the RuPay Ekaa network — RuPay's new premium tier positioned above RuPay Select, benchmarked against Visa Infinite Privilege and Mastercard World Elite. Card body crafted in 18KT gold. Invite-only for CRED's highest-value members. DCC fee: 1% + GST (premium IndusInd tier, eff. Jun 15, 2026). Air accident insurance discontinued Dec 21, 2025.
Digital & security
Contactlesstrue
Virtual cardtrue