ICICI Bank Platinum Chip Credit Card
Updated 3 Jul 2026Source-linked
The ICICI Bank Platinum Chip Credit Card is a entry credit card from ICICI Bank, with a joining fee of ₹0 + GST.
It earns up to 1 pts per ₹100 (≈0.2% value) on utility and insurance spends in the form of icici reward points (points).
ICICI Bank Platinum Chip Credit Card
- Joining FeeFree
- Annual FeeFree
- Best Suited ForEveryday spends
- Reward TypeICICI Reward Points (points)
Rewards Rate
- 1 pts per ₹100 on utility and insurance
- Base 0.40% on other spends
Welcome Benefits
- Not applicable
Data verified 3 Jul 2026 — see our methodology
ICICIplatinumentryLifetime freeRewards and Benefits
Rewards Rate
1 pts per ₹100 on utility and insurance
Base 0.40% on other spends.
Reward Redemption
Redeem at ₹0.25 per unit.
Welcome Benefits
N/A
Milestone Rewards
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
N/A
Other Benefits
N/A
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
- Utilities & bills₹10/mo
You spend ₹5,000 · earns 0.2% = ₹10 uncapped
- Valued at realized redemption value
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 0.4% = ₹60/mo
- Groceries₹8,000 · 0.4% = ₹32/mo
- Dining & food delivery₹8,000 · 0.4% = ₹32/mo
- Fuel₹4,000 · 0.0% = ₹0/mo
- Travel & hotels₹10,000 · 0.4% = ₹40/mo
Est.net rewards for this spend, realistic
₹2,088/yr₹2,088 rewards − ₹0 annual fee. Estimate for the spend you entered.
Fees & Charges
Spend-Based Waiver
Not waivable
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.50%
Interest Rates
3.75% per month (45.0% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹400 and ₹4,000.
Cash Advance Charges
2.5% or ₹500 (whichever is higher)
Product Details
- entry card issued by ICICI Bank.
- Lifetime free — no joining or annual fee.
- Available on the Visa network.
Pros & Cons
Pros
- Lifetime-free — no joining or annual fee.
Cons
- Standard forex markup of 3.50% — suboptimal for international spend.
- No rewards on fuel spends.
- No complimentary airport lounge access.
Accelerated rewards
- 1 pts per ₹100 on utility and insurance
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- emi
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹400 and ₹4,000.
Sources
- : www.icici.bank.in · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 700+
- Income (salaried)
- ₹2,40,000 p.a.
- Income (self-employed)
- ₹2,40,000 p.a.