ICICI Bank Instant Platinum Credit Card

Rewards Program

• 2 reward points for every Rs. 100 spent
• Redeem accumulated reward points against products & items or e-vouchers through the rewards catalogue

Other Features & Benefits

• 25% discount, up to Rs. 100 on purchase of a minimum of 2 tickets via BookMyShow
• 2.5% fuel surcharge waiver at HPCL petrol pumps on fuel transactions of up to Rs. 4,000

To be eligible for this credit card, the applicant must be an Indian resident and also meet the below eligibility criteria:

• Age Requirement: 18 years
• Minimum FD Amount: Rs. 50,000 with a minimum tenure of 180 days

The credit card cannot be issued in the following cases:

• If the FD is in the name of third parties, partnership firms, Hindu Undivided Family (HUF), Society, Trust, Companies
• It cannot be issued against Linked, Quantum, Section 80C, Non-Resident External (NRE), Non-Resident Ordinary (NRO), ICICI Home Finance Company (HFC) FDs or if a lien is already marked on the FD
• The card will not be issued to minors and foreign nationals

Type of Fee/ Charge	Amount
Joining Fee	Nil
Annual Fee	Nil
Finance Charges	3.75% p.m. (45% p.a.)
Late Payment Fee	For Statement Balance: Up to Rs. 100: Nil Rs. 101 to Rs. 500: Rs. 100 Rs. 501 to Rs. 1,000: Rs. 500 Rs. 1,001 to Rs. 5,000: Rs. 600 Rs. 5,001 to Rs. 10,000: Rs. 750 Rs. 10,001 to Rs. 25,000: Rs. 900 Rs. 25,001 to Rs. 50,000: Rs. 1,100 Above Rs. 50,000: Rs. 1,300

Click here for the detailed fees & charges and other terms & conditions.

ICICI Bank Instant Platinum Credit Card is a rewards credit card designed for individuals who are new to credit and looking to start their credit journey. Cardholders can earn 2 reward points per Rs. 100 spent and redeem them across a variety of categories as per their requirements. Besides this, the card also offers a discount on movie tickets booked via BookMyShow. While most credit cards offer 1% fuel surcharge waiver, this card stands out by offering a 2.5% fuel surcharge waiver. However, this is restricted to fuel spends at HPCL petrol pumps. Overall, this credit card is a suitable option for beginners looking for a basic rewards card.

Consider ICICI Bank Instant Platinum Credit Card if:

• You are looking for a rewards credit card with basic benefits
• You frequently watch movies and want to save on movie tickets
• You prefer to refuel at HPCL petrol pumps to maximize fuel benefits

Consider other options if:

• You are eligible for unsecured credit cards with better benefits
• You want a rewards credit card with a higher reward rate
• You are looking for a credit card offering benefits on a specific category, such as travel or shopping

How can I apply for ICICI Bank Instant Platinum Credit Card?
You can apply for this credit card by visiting any of the nearest branches of ICICI Bank and opening a Fixed Deposit (FD) account. Upon approval, your card will be issued with a credit limit assigned by the bank.

What is the minimum FD amount required to apply for ICICI Bank Instant Platinum Credit Card?
You need to open a Fixed Deposit account with a minimum amount of Rs. 50,000 for a minimum tenure of 180 days to apply for this credit card.

Can I save on movie tickets via ICICI Bank Instant Platinum Credit Card?
Yes, this credit card offers up to 25% discount on booking a minimum of two movie tickets through BookMyShow. However, you can avail a maximum discount of Rs. 100.

Can I use ICICI Bank Instant Platinum Credit Card for international spends?
Yes, you can use this credit card for overseas spends. However, this card charges a high forex markup fee of 3.5%. Therefore, if you want to save on international spends, you should opt for a credit card with low or zero forex markup fee.

Will I continue to earn interest on the fixed deposit amount with ICICI Bank Instant Platinum Credit Card?
Yes, you will continue to earn interest on the fixed deposit account while earning benefits through this card.