ICICI Instant Platinum Credit Card

Immediate Issuance – Customers can get the card against a previously held fixed deposit account or open a new one. Income documents are not required

Free of Cost – There is no joining or annual fee on this credit card.

PAYBACK Reward Programme – Customers are automatically enrolled in PAYBACK’s loyalty programme. They earn 2 reward points per Rs. 100 spent on all purchases other than fuel.

Global Acceptance – Customers can avail global emergency assistance and card replacement service is also available.

Finance Charge – The interest rate charged is just 2.49% per month or 29.88% per annum.

Security Features – The card comes with an embedded microchip that provides additional security to cardholders.

Movie Offer – Get a discount of Rs. 100 on movie ticket booking. It can be availed twice a month. Terms and Conditions apply.

Dining Offer – Get dining offers via culinary treats program. Users can get up to 20.00% discount

Fuel Surcharge Waiver – 1% fuel surcharge is waived off on fuel transactions that do not exceed Rs 4,000. Offer can be availed only when ICICI Bank Instant Platinum Credit Card is used at ICICI Bank merchant swipe machines at HPCL pumps.

Visa Offers – Get discounts on dining in restaurants, luxury hotels stays, goods purchased at lifestyle stores, spas, and so on.

The eligibility Criteria for ICICI Bank Instant Platinum Credit Card as set by the bank are:

• Fixed Deposit amount must be at least Rs. 20,000
• The tenure should be at least of 180 days.

The card will not be issued against a fixed deposit of the following kind:

• A Fixed Deposit that is in the name of Third party, Partnership firm, Hindu United Family, Society, Trust or Company
• Fixed deposits that are Linked, Quantum, 80C, NRE, NRO, HFC Fixed Deposits or against a fixed deposit that has a lien marked against it.

Do note that the card is not issued to minors or foreign Nationals.

Documents Required

To verify the information provided by the customer the bank might seek the below-given documents.

ICICI Bank Instant Platinum Credit Card is currently not available on Paisabazaar.com. Customers seeking ICICI Bank Instant Platinum Credit Card can apply for it by visiting ICICI Bank’s website. Customers will be required to log in to their net banking portal to apply for the credit card. Alternatively, users can visit the branch where they have a fixed deposit account. At the branch they can avail the card with minimal paperwork and receive the card instantly. If customers do not have a fixed deposit account they will be required to open it up at the bank.

What is ICICI Instant Platinum credit card?
ICICI Instant Platinum credit card is a secured credit card that is issued against a fixed deposit. Customers can avail this credit card to improve their credit score and to earn interest on the fixed deposit amount.

Is ICICI Instant Platinum credit card free?
Yes, there is no annual or joining fee on the credit card.

What is ICICI Credit Builder Program?
ICICI Instant Platinum credit card comes with the ICICI Credit Builder Program where the bank provides the card holder with tips on improving credit score. There are no fees and charges to enrol in the program.

What is the finance charge on is ICICI Instant Platinum credit card?
The finance charge is 2.49% per month or 29.88% per annum.

I was unable to pay my ICICI Instant Platinum credit card’s bill. What will happen?
Late payment charges along with finance charges will be applied to your credit card bill. You also risk getting your card blocked. Finally, in case you do not pay the bank will recover its charge from the fixed deposit amount.