The ICICI Bank Platinum Chip Credit Card comes with no annual fee, offering significant savings on your expenditures. With this card, you can earn up to 2 Reward Points for every purchase, and these points can be redeemed for various options, including cashback.
Joining Fees: | Annual Fees:
NIl | NIl
Reward Type:
Reward Points
Suited For:
Dining
Issued on:
VISA | Mastercard
Rating:
4.2/5
Fees and Charges
- Welcome Benefits: - NA
- Interest Rates: - 3.4% per month
- Spend Based Waiver: - NA
- Fuel Surcharge: - 1% fuel surcharge waiver on HPCL petrol pump.
- Reward Redemption Fee: - Rs. 99 for every redemption.
- Foreign Currency Markup: - 3.5% of the total transaction amount (plus applicable taxes)
- Cash Advance Charges: - 2.5% of the total transaction value, or Rs.300 minimum fees.
- Add-on Card Fee: - Nil
Reward and Benefits
- Movie & Dining: - The ICICI Bank Culinary Treats Programma offers savings of up to 15% on meals.
- Rewards Rate: - 2 Reward Points for every Rs. 100 retails spend.
- Rewards Redemption: - Reward Points can be used for gifts or cash.
- Travel: - NA
- Domestic Lounge Access: - NA
- International Lounge Access: - NA
- Insurance Benefits: - NA
- Golf: - NA
- Zero Liability Protection: - If the card is reported lost or stolen within time to the bank, the cardholder will not be held responsible for any fraudulent transactions.
Product Details
- For every Rs. 100 spent on retail purchases, earn 2 reward points.
- For every Rs. 100 spent on utilities and insurance, you will receive 1 reward point.
- exclusive waiver of the 1% fuel surcharge at all HPCL pumps.
- Great eating discounts available through the Culinary Treats Program.
ICICI Bank Platinum Chip Credit Card Features & Benefits
The ICICI Platinum Credit Card from ICICI Bank stands out as a top choice for entry-level users, boasting a zero annual fee and a host of attractive features. Notable advantages include:
Dining Benefits:
Enjoy up to a 15% discount at over 2500 restaurants across India through the ICICI Bank Culinary Treats Programme.
Fuel Surcharge Waiver:
Benefit from a 1% fuel surcharge waiver at all HPCL petrol pumps, applicable for transactions up to Rs. 4,000.
ICICI Bank Platinum Chip Credit Card Reward Points:
When utilizing the ICICI Platinum Chip Credit Card, you earn Reward Points based on your purchases, with varying rates for different types of transactions. Here's a breakdown:
Retail Purchases:
- Earn 2 Reward Points for every Rs. 100 spent on retail purchases.
Utilities and Insurance:
- Earn 1 Reward Point for every Rs. 100 spent on utilities and insurance.
Rewards Redemption:
- Accumulated Rewards can be redeemed for cashback by calling 080-40146444 or for gifts by calling 1860-258-5000.
- The conversion rate is 1 Reward Point = Rs. 0.25.
Note:
- A Reward redemption fee of Rs. 99 is applicable for each redemption request made with the ICICI Platinum Chip Credit Card.
ICICI Bank Platinum Chip Credit Card Fees and Cahrges:
While the ICICI Platinum Chip Card boasts a zero annual fee, it is important to note that there are other applicable charges associated with the card. Here is a summary of the fees and charges:
Joining and Annual Fee:
- The ICICI Platinum Chip Credit Card comes with zero joining and annual fees.
Interest Rate:
- An interest rate of 3.4% per month, equivalent to 40.8% per annum, is charged on the overdue amount.
Forex Fee:
- A forex fee of 3.5% is applicable on all international transactions made using this credit card.
Cash Advance Fee:
- For cash withdrawals, a fee of 2.5% of the withdrawn amount is charged, with a minimum of Rs. 300.
ICICI Bank Platinum Chip Credit Card Eligibility Criteria:
To be eligible for the ICICI Platinum Chip Credit Card, applicants must meet the following basic criteria, though the bank may also have internal requirements:
Primary Applicant:
- Minimum age of 21 years.
Add-on Applicant:
- Age should be above 18 years.
Financial Stability:
- The applicant should have a stable source of income.
Credit Score:
- A decent credit score is required.
Documents Required:
Identity Proof:
- Aadhar Card
- Voter’s ID
- PAN Card
- Driving License, etc.
Address Proof:
- Aadhar Card
- Utility bills
- Voter’s ID
- Passport
- Driving License, etc.
Income Proof:
- Latest salary slips/bank statements.
- Latest audited Income Tax Returns (ITR).
How To Apply ICICI Bank Platinum Chip Credit Card?
You have the flexibility to apply for the Platinum Chip Credit Card through both online and offline channels, depending on your preference. Here's how you can apply using each method:
Offline Application:
- Visit your nearest ICICI Bank branch.
- Complete the physical application form available at the branch.
- Ensure you have all necessary documents with you for submission.
Online Application:
- Click on "Apply Now."
- Locate the Platinum Chip Credit Card at the top of the screen.
- Click on 'Get the card online.'
- Fill out the online application form and follow the subsequent steps.
ICICI Bank Platinum Chip Card Application Status:
If you have already applied for the Platinum Chip Credit Card, you can check your application status using the following methods:
- Visit ICICI Bank's online application tracking page, enter the required details, and obtain your application status instantly.
- Contact ICICI Bank credit card customer care and inquire about your credit card application status.
- Visit your nearest ICICI branch and consult with bank officials regarding the status of your application.
ICICI Bank Platinum Chip Credit Card Review:
The ICICI Platinum Chip credit card stands out as an excellent option for individuals seeking a budget-friendly credit card with substantial savings potential. In addition to earning Reward Points on all expenditures, the card provides exclusive dining discounts, adding significant value. Furthermore, the extra fuel surcharge waiver at HPCL pumps enhances its appeal. Considering the card's minimal annual fee and the array of benefits it offers, it proves to be an attractive choice for those looking to maximize savings. If you fall into this category, opting for the ICICI Bank Platinum Chip Credit Card is a wise decision.
What do you think about ICICI Platinum Chip credit card? Please tell us in the comments below. Please feel free to share your experience if you are now a cardholder.
FAQs:
What is the equivalent cash value of 1 Reward Point?
Each ICICI Reward Point on the ICICI Bank Platinum Chip credit card holds a value of Rs. 0.25.
What is the maximum dining discount I can avail of with the ICICI Bank Platinum Chip Credit Card?
You can enjoy a discount of up to 15% at 2500+ restaurants in India through the ICICI Bank Culinary Treats Programme with the ICICI Bank Platinum Chip Credit Card.
Do all fuel stations waive the fuel surcharge?
The 1% fuel surcharge waiver on the ICICI Bank Platinum Chip credit card is applicable only at HPCL petrol pumps.
ICICI Bank Platinum Chip Credit Card
Rating: 4.2/5
ICICI Bank PlatinumChip Credit Card
