ICICI Platinum Chip Credit Card is a lifetime free credit card and is a great option for those who are new to credit and want to build credit score. The card offers certain other benefits as well, the details of which are given below.
ICICI Platinum Chip Credit Card Visa Variant Features and Benefits
Reward Program: You will earn PAYBACK Points on eligible transactions in the following manner:
- 1 PAYBACK Point per Rs. 100 spent on utilities and insurance
- 2 PAYBACK Points are earned per Rs. 100 Spent on retail
- Do note fuel transactions don’t accrue PAYBACK Points
Exciting Options to Redeem Rewards: Get movies and travel vouchers, lifestyle products and other merchandise against your PAYBACK points.
Reward Points: Users get PAYBACK Points on every eligible transaction. Users earn 2 PAYBACK Points per Rs. 100 spent. They get 1 PAYBACK Points per Rs. 100 spent on utilities and insurance
Visa/Mastercard Benefit: Avail exclusive benefits from Visa/Mastercard such as emergency assistance service and exceptional experiences.
Dining Discounts: Save up to 15% on dining bill at over 2,500 restaurants across the country using your ICICI Credit Card.
Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on Hindustan Petroleum fuel pumps. You must spend less than Rs. 4,000 to avail of the benefit.
Similar Credit Cards from Other Banks
|Credit Card||Annual Fee||Comparative Feature|
|HDFC Moneyback Credit Card||Rs. 500||2 Reward Points per Rs. 150|
|American Express Membership Rewards Credit Card||Nil||Membership Reward Point for every Rs. 50 spent|
|HSBC SmartValue Credit Card||Rs. 499||Earn up to 3 Reward Points for every Rs. 100 spent|
|ICICI Amazon Pay||Nil||Up to 5% cashback|
|ICICI Instant Platinum Credit Card||Nil||Earn up to 2 PAYBACK Points for every Rs. 100 spent|
Fees and Charges
|Finance Charges||3.40% per month / 40.80% p.a.|
|Late Payment Charges||Nil for the amount due less than Rs. 100|
Rs. 100 for amount between Rs. 100 and Rs. 500
Rs. 500 for total amount due greater than Rs. 501 and up to Rs. 10,000
Rs. 750 for total amount due greater than Rs. 10,000
Eligibility and Documentation
|Occupation||Salaried or Self-employed|
|Minimum Income for Salaried Applicants||Rs. 15,001 per month|
|Minimum Income for Self-employed Applicants||Rs. 50,000 per month|
|Serviceable Cities||Click here for the list of eligible cities|
Along with a duly filled application form, you will be required to submit valid proof of identity, address and income. Documents Required for ICICI Credit Card
How to Apply for ICICI Bank Platinum Chip Credit Card
Follow the below-mentioned steps to apply for ICICI Bank Platinum Chip Visa Credit Card through Paisabazaar:
- Click here to start the application process.
- Provide the requested information such as occupation, income, etc.
- Post submission, the applicant will be able to see all the credit cards that they are eligible for.
- Filter the results to see just ICICI Bank credit cards.
- Click on ‘Check Eligibility’ against ICICI Bank Platinum Chip Visa Credit Card.
- Answer the question, “Have You Applied For ICICI Bank Credit Card In Last 6 Months?”.
- If eligible, fill the application form that shows up.
- Next, an executive from Paisabazaar or ICICI Bank will call you to set a date and time for document collection.
- Finally, the bank will verify the documents. If satisfied the bank will deliver the card to your communication address. The card usually arrives in 15-20 days.
ICICI Bank Platinum Chip Visa Credit Card can also be applied through the Bank’s website or through a visit at the ICICI Bank branch.
What is the culinary treats program of ICICI Bank?
Culinary Treats program lets ICICI Bank Platinum Chip Credit Cardholders avail minimum 15% discount on dining bill at over 800 restaurants across India.
I have a salary account with ICICI Bank. Can I get ICICI Platinum Credit Card?
Yes. You can apply for this credit card directly through your ICICI Net Banking Portal. Since you are already a customer of the bank, your approval chances are higher.
I have already applied for ICICI Platinum Credit Card. How can I check my application status?
You can check ICICI credit card application status by reference number on their website or by calling the customer care of the bank. Click here to know the detailed steps of the process.
How can I redeem Payback Points?
You can redeem the PAYBACK points for Cash or items from the Rewards Catalogue. The steps are:
You can redeem the reward points into cash by calling on 080-40146444.
To redeem points against an item in the reward’s catalogue call PAYBACK on 1860-258-5000. Alternatively, you may place an online redemption request at PAYBACK’s website.
How long does it take to convert PAYBACK Points into cash?
The redemption will be processed within 7 working days.