Tiger Credit Card: Features, Benefits & Apply Online

Tiger Fintech, a business owned by the Bajaj Capital Group, and IndusInd Bank have partnered to issue a co-branded credit card, i.e., the IndusInd Bajaj Tiger Credit Card. This credit card is ideally suited for shoppers, allowing customers to earn up to 6 Reward Points for every Rs. 100 spent on qualifying transactions. A key feature of this Tiger Credit Card is its lifetime-free status, making it an excellent option for anyone looking for a card without extra fees.

This IndusInd Bank Tiger Credit Card functions on a unique spend-based incentive system. While the card gives a 1.2% reward rate on annual purchases up to Rs. 1 lakh, it offers a much higher 7.2% reward rate on purchases over Rs. 5 lakh.

With a low 1.5% Forex markup fee, this credit card is also a smart choice for regular travelers, both locally and internationally.

Tiger Credit Card Features

• Lifetime-free credit card.
• Best for Travel & Movies.
• Low forex fee.
• 1% fuel surcharge waiver.

Tiger Credit Card Benefits

• Movie & Dining: Get two complimentary movie tickets annually on BookMyShow.
• Rewards Rate: Earn up to 6 accelerated Reward Points for every Rs. 100 spent on qualified transactions.
• Rewards Redemption: 1 Reward Point = 0.40 against Statement Credit.
• Travel: Access to more than 600 lounges worldwide through the Travel Priority Pass program.
• Domestic Lounge Access: Enjoy 8 free lounge visits per year.
• International Lounge Access: Priority Pass offers two complimentary lounge accesses annually.
• Golf: Four free golf games or lessons are offered annually.
• Insurance Benefits: Get Rs. 25 lakh in air accident coverage.

Tiger Credit Card Eligibility

To be eligible for the Tiger Credit Card, you must meet the following criteria:

• Must be an Indian resident.
• Must be older than 18 years.
• A good credit score is a must.
• Must have a reliable source of income each month.

Tiger Credit Card Age Limit

• Required Age: 21 to 60 years.

Tiger Credit Card Charges

• Lifetime free with no joining or annual charges.
• Finance Charges: 3.5% p.m. | 42% p.a.
• Late Payment Fee: Rs. 100 to Rs. 1300, depending on the balance statement.

Pros and Cons

Pros

• No yearly or joining fees.
• 1.5% low forex markup fee.
• Free lounge visits both domestically and abroad.
• Annually, free movie tickets.
• Uncapped waiver of the 1% fuel surcharge.

Cons

• Spend-based incentive scheme.
• Utility bills and insurance payments do not earn reward points.
• Low value of incentive redemption in comparison to cashback.

The Tiger Credit Card, which is free for life, offers a wealth of travel, rewards, and lifestyle benefits. It is perfect for regular travelers and shoppers, providing minimal Forex markup, free lounge access, and up to 6x reward points. It's an affordable yet premium option due to its zero yearly charge. This IndusInd Bank Tiger Credit Card is a wise choice for people looking for a high-reward, low-cost credit card.