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Whether you want to earn rewards or save more with discounts and deals, you will never fall short of Credit Card options. Paisabazaar is the right place to find the card that best fits your needs.
*Offers are from Paisabazaar's partner Banks & NBFCs.
ICICI Bank Instant Platinum Credit Card is a secured credit card that is issued against a fixed deposit. Anyone who can open a FD account with at least Rs. 20,000 can avail this credit card. Cardholder will earn interest on the deposited amount. They will also, earn reward points on certain transactions made via the credit card. Additional details are given below.
| Key Highlights of ICICI Bank 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.
| Category | Amount |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Add-on Card Fee | Nil |
| Finance Charges | 2.49% per month/29.88% per annum |
| Cash Advance Interest Rate | 2.49% per month/29.88% per annum |
| Cash Advance Transaction Fee | 2.50% of amount/Min. Rs. 300 |
| Over-limit Charges | 2.50% on over limit amount/Min. Rs. 500 |
| Return of Cheque/Auto Debit Return Fee | 2% of the Total Amount Due/Min. Rs.450 |
| Card Replacement Fee | Rs. 100 |
| Foreign Currency Mark-up Fee | 3.50% |
| Late Payment Charges | Nil for amount less than Rs.100 Rs.100 for amount between Rs.100 – Rs.500 Rs.500 for amount between Rs.501 – Rs.10,000 Rs.750 for amount more than Rs.10,000 |
The eligibility Criteria for ICICI Bank Instant Platinum Credit Card as set by the bank are:
The card will not be issued against a fixed deposit of the following kind:
Do note that the card is not issued to minors or foreign Nationals.
To verify the information provided by the customer the bank might seek the below-given documents.
| Proof of Identity | PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI |
| Proof of Address | Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement |
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.
| Credit Card | Annual Fee | Comparative Feature |
| Axis Bank Insta Easy Credit Card | Nil | Min. Fixed deposit Amount is Rs. 25,000 |
| ICICI Bank Coral Credit Card against Fixed Deposit | Rs. 500 | Min. Fixed deposit Amount is Rs. 20,000 |
| SBI Unnati Credit Card | Nil for first 4 years. Afterwards, Rs. 499 | Min. Fixed deposit Amount is Rs. 25,000 |
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.
It is now so easy for me to convert the higher value items to EMIs with my ICICI card.
I totally recommend this credit card to everyone. It has a host of benefits.
I just love the ICICI Rubyx card. It brings me an amazing variety of benefits.
I am so happy that I found out about this card. It is great!
I am glad that no surcharge cost was levied on fuel payments done with my ICICI card.
The best benefit of my ICICI Rubyx card is the fascinating travel benefits that I am getting with it!
