ICICI Bank Platinum Chip Credit Card
The ICICI Bank Platinum Chip Credit Card is a no-annual-fee card that rewards you with up to 2 Reward Points for every purchase, which can be redeemed for cashback and other rewards. Cardholders also enjoy exclusive discounts at over 2500 restaurants across India through the ICICI Bank Culinary Treats Programme, making dining out more affordable. Additionally, the card provides a 1% discount on fuel transactions at HPCL stations, offering savings for everyday expenses.
With its secure chip technology, the ICICI Bank Platinum Chip Credit Card offers safe, contactless payments, both in India and globally. The card also provides flexible payment options, such as No Cost EMI, and complimentary insurance coverage for cardholders. It’s an excellent option for individuals looking to save on everyday purchases, enjoy dining benefits, and get rewards without paying an annual fee.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
What dining discounts can I get with this card?
You can get up to a 15% discount on dining through the ICICI Bank Culinary Treats Programme at 2,500+ restaurants in India.
Do I get a fuel surcharge waiver at all fuel stations?
No, the 1% fuel surcharge waiver is available only at HPCL pumps for transactions up to ₹4,000.
Is there a joining fee for the ICICI Bank Platinum Chip Credit Card?
No, this credit card has no joining fee.
What is the value of 1 Reward Point?
For the ICICI Bank Platinum Chip Credit Card, 1 Reward Point = ₹0.25.
What documents are required for ID proof?
You need to submit either your passport, driving license, or Aadhaar card.
Why should I get the ICICI Bank Platinum Chip Credit Card?
This card includes a security chip that protects against fraud and provides a Personal Identification Number (PIN) for added security.
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