Adani One ICICI Bank Platinum Credit Card
The Adani One Platinum Credit Card is a budget-friendly option in the Adani One Card series, with the Signature Credit Card being the premium version. Priced at ₹750 per year, it offers travel perks like lounge access, valet parking, and porter services at airports. Cardholders also get vouchers worth over ₹5,000 for hotels, flights, and holidays, making it a great choice for frequent travelers within India. However, it lacks international lounge access, dining benefits, and insurance coverage, and has a high 3.5% foreign currency markup fee.
This card is issued by ICICI Bank in partnership with Visa and Adani One. It rewards users for spending on the Adani One app, where they can book flights, hotels, trains, and utilities. The Platinum version costs ₹750 per year, while the Signature version is priced at ₹5,000. Overall, the Platinum card is ideal for those who frequently travel within India and use Adani services, offering good value despite a few limitations.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
Adani One ICICI Platinum Credit Card – Features & Benefits
The Adani One ICICI Platinum Credit Card is designed mainly for people who travel within India and use airport services frequently. It offers travel vouchers, airport lounge access, reward points, and a few lifestyle benefits that can help you save money.
The card comes with a joining and renewal fee of ₹750 plus GST. In return, you get travel benefits, reward points on spending, and several airport services that can make your travel experience smoother and more comfortable.
Welcome Benefits
When you get this credit card, you can unlock some useful welcome rewards by completing simple spending tasks. If you spend ₹10,000 within the first 60 days after getting the card, you will receive a flight voucher worth ₹2,000.
You can also get additional travel vouchers. A hotel voucher worth ₹1,000 is available after a transaction of ₹5,000, while a holiday voucher worth ₹2,000 is given when you spend ₹20,000. These vouchers can help reduce your travel expenses.
Reward Points on Your Spending
The card allows you to earn reward points on many types of purchases. Higher rewards are available when you spend on the Adani ecosystem.
| Spending Category | Reward Rate |
|---|---|
| Adani One ecosystem (airports, Trainman, gas, electricity) | 3% |
| Other domestic purchases | 1% |
| International purchases | 1.5% |
| Utility and insurance payments | 0.5% |
| Fuel, rent, EMI, gambling | No rewards |
Each Adani Reward Point is worth ₹1, so it is very simple to know how much value your rewards have.
Airport Travel Benefits
This card provides several airport services that can make traveling easier and more comfortable.
- Enjoy 2 free visits to domestic airport lounges every quarter
- Premium lounge section access at Adani airports
- 2 valet parking and car wash services after card activation
- 2 premium parking privileges
- Up to 4 porter services at Adani airports
These benefits together can be worth up to ₹6,000.
Entertainment Savings
The card also offers discounts on movie ticket bookings. When you book movie tickets through BookMyShow, you can get a 25% discount up to ₹100 per booking.
You can use this offer two times every month. This means you can save up to ₹200 monthly or ₹2,400 in a year while watching movies.
Real-Life Example
Imagine Rohit travels from Delhi to Mumbai several times a year for work. When he reaches the airport early, he can use the free lounge access to relax, eat snacks, and use Wi-Fi before his flight.
If Rohit also parks his car at the airport or uses porter services to carry his luggage, he can use the additional benefits offered by this card. Over time, these services help him save money and make his travel experience more comfortable.
Why This Card Can Be Useful
This card can be a good option for people who travel within India and often use airports. Lounge access, parking benefits, and porter services make airport travel easier and less stressful.
People who spend on services connected to the Adani ecosystem can also earn higher reward points. This helps them get better value from their everyday spending.
Things You Should Know
Before applying for the card, it is important to understand a few limitations. The card does not provide international airport lounge access, which may matter for people who travel abroad frequently.
The foreign currency markup fee is also around 3.5%. This means international purchases may cost slightly more compared to some other travel credit cards.
Bottom Line
The Adani One ICICI Platinum Credit Card offers a good mix of travel rewards and airport benefits for a reasonable fee of ₹750 plus GST. Welcome vouchers alone can provide travel benefits worth more than ₹5,000.
Although the card does not include dining benefits, international lounge access, or insurance coverage, it still offers good value for people who travel within India and frequently use Adani airports or related services.
How can I get reward points using this card?
You can earn 3% Adani Reward Points when you spend on the Adani One app, Adani airports, CNG stations, electricity bills, and Trainman. Domestic purchases (except fuel and rent) give you 1% reward points, while international spending earns 1.5%. For utility and insurance payments, you get 0.5% reward points.
When was the Adani One Platinum Credit Card introduced?
The Adani One Platinum Credit Card was launched on June 3, 2024.
Do I need an ICICI Bank account to apply for the Adani One Platinum Credit Card?
Yes, having an ICICI Bank account is necessary to apply for this credit card.
Do I need to have an ICICI Bank account to get the Adani One Platinum Credit Card?
Yes, cardholders get complimentary access to domestic airport lounges.
What are the key benefits at Adani-managed airports?
Get 8 free domestic lounge visits and premium upgrades yearly, along with 2 valet parking services and 2 premium parking passes. You also get 4 porter services per year, limited to 2 per ₹1 lakh spent.
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