What You Get
Key Benefits & Features
Everything the IndusInd Bank Nexxt Credit Card offers — broken down clearly so you can decide if it fits your lifestyle and spending habits.
Nexxt's unique feature — choose before each billing cycle whether you want 1% cashback or 2X reward points on that month's spends. No other Indian card offers this flexibility.
When in cashback mode, earn 1% cashback on all transactions with no monthly cap and no category restrictions. Credited directly as a statement credit.
When in points mode, earn 2 reward points per ₹100 on all spends. Points redeemable for flights, vouchers and merchandise through the IndusInd portal.
1 free movie ticket per month on BookMyShow — a benefit worth ₹200–₹400 per month depending on the film and city. No minimum spend required.
2 complimentary domestic airport lounge visits per quarter (8 per year) through the IndusInd lounge access programme.
1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000 at all petrol pumps across India.
Welcome vouchers or bonus reward points on payment of joining fee and first transaction within 30 days.
Annual fee of ₹999 + GST waived on annual spend of ₹1.5 lakh — roughly ₹12,500 per month.
All Costs
Fees & Charges
Complete fee breakdown. GST applicable on all fees. No hidden charges.
| Fee Type | Amount | Notes | Joining Fee | ₹999 + GST | Welcome vouchers on first transaction |
|---|---|---|
| Annual Fee | ₹999 + GST | Waived on ₹1.5L annual spend |
| Add-on Card | ₹499 + GST | Per add-on cardholder |
| Finance Charge | 3.83%/month | 45.96% p.a. on revolving balance |
| Cash Advance | 2.5% (min ₹300) | No cashback/points on advances |
| Late Payment | ₹100–₹1,200 | Based on outstanding balance |
| Foreign Currency | 3.5% + GST | Not ideal for overseas spend |
| Fuel Surcharge | 1% waiver | On ₹400–₹5,000 at all pumps |
Our Take
SearchLocally Verdict
Pros
- ✓Unique cashback/points switch per cycle
- ✓1 free movie ticket every month
- ✓1% cashback with no cap on all spends
- ✓8 lounge visits/year at ₹999 fee
- ✓Flexible redemption options
Cons
- ✗1% cashback is below best-in-class (Axis ACE gives 2%)
- ✗Only 2 points/₹100 in points mode
- ✗3.5% forex markup
- ✗Monthly switch adds cognitive overhead
- ✗₹999 fee — better free alternatives exist for pure cashback
Help & Clarity
Frequently Asked Questions
Honest answers to the most common questions about this card.
How does the cashback vs points switch work on Nexxt?
Before each billing cycle, you choose whether you want 1% cashback or 2X reward points for that month's transactions. You make the switch through the IndusInd mobile app or internet banking. The choice applies to all transactions in that cycle — you can't mix both modes in the same month.
Is the free movie ticket on Nexxt card truly free?
Yes. One complimentary movie ticket per month through BookMyShow is included at no extra cost. You typically receive a promo code or direct booking link via the IndusInd app. The ticket value depends on your city and cinema — typically ₹150–₹400.
IndusInd Nexxt vs Axis ACE — which is better?
For pure cashback: Axis ACE wins decisively — it's genuinely free (₹0 fee) and gives 5% on bills and 2% on everything else vs Nexxt's maximum 1%. Nexxt's value proposition is the flexibility to switch modes and the monthly movie ticket. For lifestyle variety, Nexxt is interesting; for maximising cashback value, ACE is better.
What is the annual fee waiver threshold for Nexxt?
The annual fee of ₹999 + GST is waived on annual spend of ₹1.5 lakh — roughly ₹12,500 per month. Regular card users who make Nexxt their primary card will easily achieve this.
Can I use both cashback and points in the same month?
No. The Nexxt card operates in one mode per billing cycle. You choose either cashback (1%) or points (2x) for the entire month. You can switch modes each month through the IndusInd app before the billing cycle begins.