ICICI Bank Platinum Chip Credit Card
ICICI Bank Platinum Chip Credit Card is very decent card comes with lifetime free that can save your pocket little bit from spends. with this card you can earn reward points from almost all your regular spends including insurance and utilities and redeem against cash and many more option. The card also offer fuel surcharge waiver across all HPCL petrol pump in India. The card have very decent features and benefits let’s read in detail to find out more.
JOINING FEE
NIL
RENEWAL FEE
NIL
REWARDS &CASHBACK
2 Reward Point on every Rs.100 spent & 15% off on Dining bills at over 2500 Restaurant across the country.
Key Features of ICICI Bank Platinum Chip Credit Card
Reward Points
- Earn 2 Reward points on every ₹100 spend on retail purchase.
- Earn 1 Reward points on every ₹100 spend on utilities and insurance.
- No Reward points on transaction done on Fuel, Wallet, Rent, Govt. Transaction, EMI, Cash Advances.
Fuel Surcharge Waiver
- Get 1% Fuel surcharge waiver on all HPCL fuel station on transaction upto ₹4000.
Dining Benefits
- Get a discount upto 15% at 2000+ restaurant in India under ICICI culinary treat programme.
Reward Redemption
- The earned Reward points can be redeemed against cash or gift where value of 1 Reward point = ₹0.25. The redemption fee per redemption request is ₹99.
Fees & Charges
Foreign Currency Markup
- The card come with high foreign currency markup fee that is 3.5% of total transaction amount. So if you are looking of any international travel & transaction credit card you can choose other cards that have zero or very less markup fee.
Finance Charges & Cash withdrawal Fee
- Interest rate is 3.75% per month that is 55.55% per annum.
- Cash withdawal fee is min Rs.500 upto 2.5% of cash withdrawal amount.
Eligibility Criteria
| Criteria | Salaried Individuals | Self Employed Individuals |
|---|---|---|
|
Age |
21-60 Years |
21-65 Years |
|
Income |
₹20000 Per month |
Monthly income atleast ₹20000 |
- Final Thoughts
ICICI Bank Platinum Chip Credit Card is for those who just starting their credit card journey and want credit card. The card comes with lifetime free with no hidden charges. Apart from Reward point and fuel surcharge waiver this card also offer good discount on dining. The card is very basic but it can be useful in online shopping where you can get great discount during sale. Overall you can go with this card if you are beginner otherwise you can look more options.
- Frequently Asked Questions
What is the value of 1 Reward point in ICICI Bank Platinum Chip Credit Card?
The value of 1 Reward point is ₹0.25.
Does ICICI Bank Platinum Chip Credit Card have spend based annual fee waiver?
The card is lifetime free.