ICICI bank is arguably one of the most reputed financial organizations when it comes to issuing a wide range of credit cards. The bank ensures that you get transparent statements and competitive rates at all times, whilst at an insignificant joining fee. Plus, when it comes to credit card benefits, each financial product from ICICI is loaded with targeted perks for the users.
As one of the most credible card issuers in the country, ICICI offers several options for prospective customers, with some cards focusing on travel-specific perks and others offering shopping-centric benefits. Regardless of the one you choose, the application process and approvals are quite quick and aimed at making life easier for the customer.
While we shall be discussing the individual ICICI credit card features and benefits later in this discussion, here are the more generic aspects that one can feel good about:
Usage-specific benefits, which include perks for travel, fuel usage, lifestyle-based purchases, entertainment-centric payments like movie tickets, and more
Wide-range of choices as ICICI credit card benefits depend on the type of credit card you choose to go with, as per your credit profile
Most cards issued by ICICI do not come with a significant joining fee
Renewal fee waivers are allowed in case of a particular yearly transactional threshold is breached
Quick approvals and minimal documentation
Support for cash advance
Auto-debit support is based on the payment chunk you need to shell out
Credit period of up to 48 days
Payment timeline of almost 18 days from the statement generation date
Interactive interface for making quick and instant payments
Option to get curated personal loans based on your credit card usage
Ability to increase credit card limit
Option to use the card for almost any sort of bill
Seamless EMI conversion, at the banking interface
Rewards points are credited for every transaction
Credit protection facility to discourage misuse and theft
Now that we have covered the generic ICICI bank credit card benefits, it’s time to look at the individual ICICI credit card features to understand the offerings better.
ICICI bank offers highly functional credit cards in the ‘Featured’ category. Here are the detailed specifications, to consider
Coral cards in this category offer movie ticket discounts, railway lounge access, and even domestic lounge access
Platinum cards exhibit zero joining and renewals charges, whilst offering Payback point generation for redeeming the same in the future
Rubyx cards offer lounge access, travel vouchers, and even movie ticket discounts
1 percent transactional cashback
Up to 5 percent of shopping perks in the form of cashback for prime customers
At least 15 percent of dining discount at partner diners
1 percent surcharge waiver at fuel pumps
No annual fee
The annual fee is set at Rs. 12,000 yearly
Comes with complimentary golf lessons
Free movie tickets
Lowest possible interest on cash withdrawals
Zero over-limit penalties
Accidental insurance benefits
Access to free MMTBLACK premium membership as a welcome benefit
Free hotel voucher of up to Rs. 2000 from Lemon Tree
Movie discounts and even free tickets
Maximum dining discount of up to 20 percent at select diners
Surcharge waivers on spending over Rs. 4000 to buy fuel at HPCL outlets
Perfect for movie watchers
Premium, invite-only credit card
Comes with a MacBook Air as the welcome gift
Complimentary access to the Epicure Plus Taj membership
Unlimited lounge access
Option to procure 4 free movie tickets
Additional charter facility
Unlimited golf playing benefits
Support for emergency transportation in case of medical issues
While there are several other ICICI credit cards available to be checked, we have only enlisted the best ones that cater to diverse income groups and come with several targeted benefits.
Enrolling for a credit card directly can be tricky as you might find it hard to ascertain preferences and take an informed call. At the Finserv MARKETS, you can easily get the ball rolling by getting the flexibility to check credit card offerings from several banks at once.
Also, if you have made up your mind about going with the ICICI bank, Finserv MARKETS lets you choose different options, depending on what your travel and shopping preferences are.
An ICICI credit card, regardless of its type, can be used to pay bills and shop online. However, there is a lot more to it than what meets the eye. ICICI credit cards can be used to get fuel surcharge waivers at select petrol stations, which might be a great feature to look at considering the escalating fuel prices.
Plus, you can shop for any premium item and conveniently convert the same into EMIs. Not to mention the support for cash withdrawals, in case you are in need of some emergency funds.
While there are several credit card options to choose from, we would recommend you to opt for the MakeMyTrip card, which is rather perfect if you are a traveler. Coming to the attributes, you get Lemon Tree vouchers, a complimentary premium subscription of the MMT interface, and even options to get movie tickets at a lesser price.
Yes, regardless of the ICICI bank credit card you choose, you are expected to get seamless support, each one of the promised benefits, and payback or even cashback points, depending on the eligibility.