ICICI Bank Preferred Credit Cards

There are two types of ICICI bank Preferred Credit card, namely

1. ICICI Bank Gold Credit Cards
2. ICICI Bank Silver Credit Cards

ICICI Bank Gold Credit Card

• This credit card can be availed by all who have a fixed deposit with the bank.
• These cards are issued at a low interest rate of 2.49% on a monthly basis.
• The card offers paybacks on all expenses made by the cardholder except for those expenses made towards the purchase of fuel. The payback amount is set at 1 point per ₹ 100.
• Customers holding this card are entitled to get a waiver on fuel surcharge at select HPCL pumps. However, the amount of waiver is fixed at 2.5% of the total transaction amount of ₹ 10 (the highest amount of the two is considered).
• The card offers 1 reward point per ₹ 200 spent.

ICICI Bank Silver Credit Card:

• ICICI Bank Silver credit cards are issued at an interest rate of as low as 2.49% to be paid on a monthly basis.
• The card offers paybacks on all expenses made by the cardholder except for those expenses made towards the purchase of fuel. The payback amount is set at 1 point per ₹ 100.
• Customers holding this card are entitled to get a waiver on fuel surcharge at select HPCL pumps. However, the amount of waiver is fixed at 2.5% of the total transaction amount of ₹ 10 (the highest amount of the two is considered).
• The card offers 1 reward point per ₹ 200 spent.

Credit cards help an individual shop without worrying about having to pay for his purchases immediately. Not only does the card allow an individual to fulfil all his desires, but also rewards him with various benefits in the form of cash back, welcome gifts, air mile redemption as well as other lifestyle benefits.

The card to be purchased by an individual must be made with utmost care, depending upon his expenditure needs as well as his repayment capacity. The interest rate on the card as well as the payback period must be kept in mind before getting an ideal credit card.