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ICICI
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ICICI CARD
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ICICI CARD
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ICICI Bank Platinum Chip Credit Card

VisaLifetime Free

ICICI Platinum Chip is a lifetime-free entry credit card offering 2 PAYBACK points per ₹100 and fuel surcharge waiver.

Best for: First card with no annual fee, everyday spend
Annual Fee
Free
Finance Charge
3.75% /mo
Forex Markup
3.5%
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Welcome Benefit

No specific welcome benefit.

Fees & Charges

Joining Fee₹0
Annual FeeLifetime Free
Renewal Fee₹0
Add-on Card Fee₹0
APR (Annual)45%
Finance Charge3.75% per month
Interest-Free DaysUp to 48 days
Cash Advance Fee2.5% (min ₹500)
Overlimit Fee2.5% of overlimit (min ₹500)

Rewards & Earn Rates

Program: ICICI Reward Points (PAYBACK) (points) · 1 point = ₹0.25

CategoryEarn Rate
All Retail Spends2 PAYBACK points per ₹100

Base reward points uncapped. Accelerated/bonus category points may be subject to monthly caps.

Points expire after 24 months

Milestone Benefits

₹1,00,000
annual

Annual fee of ₹0 is reversed on spending ₹1,00,000 or more in the preceding year.

Value: ₹0

Spend calculated from card anniversary date. All eligible transactions counted.

Insurance Cover

lost_card_liability

In case of card loss or theft, you are not liable for any fraudulent transactions if you report the incident to the bank immediately. Zero liability protection applies 7 days prior to reporting.

Zero liability on fraudulent transactions reported within 7 days

Zero Liability

Forex & Fuel

Forex Markup3.5%
Fuel Surcharge Waiver1% waiver
Monthly Cap₹100
Fuel Reward Rate1% fuel surcharge reversed. Standard reward points earned on fuel as per base rate.

Foreign currency markup of 3.5% is levied on all international transactions. DCC charges of 1% apply when merchant opts to charge in INR.

Eligibility

Age21+ years – up to 60 years
Min Annual Income₹2,00,000
Credit Score700+

Salaried: ₹15,000+ per month. Self-employed: ₹2,00,000+ p.a. Age: 18–60.

Editor Rating

3.5
3.5
Overall
Rewards
3.8
Fees
4.5
Lounge
2.0
Travel
3.0
Shopping
3.5
Fuel
3.5
Beginner Friendly
4.5

Pros

  • + Good entry-level benefits
  • + Annual fee easily waived
  • + Fuel surcharge waiver

Cons

  • – Limited premium travel benefits
  • – Moderate reward rate on non-partner spends

The ICICI Bank Platinum Chip Credit Card is a entry-level credit card from ICICI Bank with a balanced rewards programme. With no annual fee, it offers strong value for money.

Frequently Asked Questions

What is the annual fee for the ICICI Bank Platinum Chip Credit Card?▼
The card is lifetime free with no annual fee.
How do I redeem reward points on the ICICI Bank Platinum Chip Credit Card?▼
Reward points can be redeemed via the bank's net banking portal or mobile app against flight/hotel bookings, statement credit, product catalogue, or transfer to partner loyalty programs. Minimum redemption thresholds apply.
What is the interest-free credit period?▼
You get up to 48 interest-free days from the date of transaction, provided you pay the full outstanding balance by the due date every month.
What happens if I miss the payment due date?▼
A late payment fee will be charged as per the bank's slab: Nil for statement balance up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹950 for ₹10,00... Additionally, finance charges of 3.75% per month will apply on the outstanding balance.
Is the card accepted internationally?▼
Yes, this card carries the Visa/Mastercard/RuPay network and is accepted at millions of merchants globally. A foreign currency markup fee applies on international transactions.