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ICICI Bank
ICICI Bank Platinum Credit Card
3.6Best for bill payments
Lifetime free
- Joining fee
- Lifetime free
- Annual fee
- Lifetime free
- Welcome bonus
- —
- Forex markup
- 3.5%
- Interest p.a.
- 45%
- Min income
- ₹20,000/mo
How this card earns
Reward rates by category, with caps and an estimated yearly value.
| Spend category | Reward rate | Monthly cap | Est. value/yr |
|---|---|---|---|
Utilities & bills 1 ICICI Reward Point per ₹100 on utilities/insurance; point value ≈ ₹0.25 | 0.25% | — | ₹300 |
Insurance 1 Reward Point per ₹100 | 0.25% | — | ₹300 |
| All other spends | 0.5% | — | ₹600 |
Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.
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
Compare with similar cards
- Top reward
- 5%
- Annual fee
- Lifetime free
- Top reward
- 1%
- Annual fee
- ₹12,000
- Top reward
- 5%
- Annual fee
- ₹500
- Welcome bonus
- ₹500 value