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ICICI Bank

ICICI Bank Platinum Chip Credit Card

3.6Best for bill payments

Lifetime freeVerifying

Joining fee incl. GST: Lifetime free
Renewal fee incl. GST: Lifetime free
Conditional welcome value: —
Forex markup: 3.5%
Interest p.a.: 45%
Min income (salaried): ₹20,000/mo

How this card earns

Reward rates with their qualifying conditions and caps. Use the calculator for a combined estimate.

Calculation coverage is still under review for this card. A recorded benefit does not mean every condition has been included in the estimate.

What still needs confirmation

Reward ceilings, transaction rounding and detailed annual qualifying-spend exclusions remain unverified; point values are comparison assumptions.

Spend category	Reward rate	Reward limit
Utilities & bills 1 ICICI Reward Point per ₹100 on utilities/insurance; point value ≈ ₹0.25	0.25%	Unverified
Insurance 1 Reward Point per ₹100	0.25%	Unverified
Other eligible purchases	0.5%	—

Excluded from ordinary earning: Fuel, Rent. Specific qualifying offers, if any, are listed above.

Rates apply only to the merchants and conditions described. Shared ceilings cannot be added across rows. Points and vouchers are valued at the stated redemption assumption; use the spending calculator for a combined estimate.

Fees & charges

Joining feeLifetime free

Annual feeLifetime free

Annual fee waiverLifetime free (no joining or annual fee)

Foreign currency markup3.5%

Finance charge (p.a.)45%

Fuel surcharge waiver1%

Key benefits

2 ICICI Reward Points per ₹100 on retail spends (≈0.5% value-back)
1 Reward Point per ₹100 on utilities and insurance
1% fuel surcharge waiver at HPCL pumps (₹400–₹4,000)
Dining discounts via ICICI Bank Culinary Treats
Lifetime free with no annual fee

What we like

+Lifetime free with no joining or annual fee
+Good entry-level card for beginners
+1% fuel surcharge waiver

What to watch

−Low reward value-back (~0.5%)
−No lounge access or milestone benefits
−Basic, minimal lifestyle benefits

Eligibility

Age 21–—
Salaried income ₹20,000/mo (≈₹2,40,000/yr)
Self-employed ₹2,40,000/yr (≈₹20,000/mo)

Marketed as 'ICICI Bank Platinum Chip Credit Card'. ICICI's product page states a minimum monthly income of ₹20,000 for both salaried and self-employed applicants; the self-employed figure is stored here annualised (₹2,40,000).

Check ICICI Bank's current criteria and the source notes. Meeting a published minimum is not approval — the issuer decides every application on its own criteria, including your credit history. How we source this