ICICI Bank Credit Card Limit

Your credit card limit is the maximum amount of credit that your credit card issuer has extended to you. This is determined by a number of things such as your income, relationship with the card issuer, credit score, etc. 

ICICI Bank is one of India’s leading credit card issuers, offering a range of credit cards for diverse needs. If you have an ICICI credit card or are looking to get one, then it’s imperative that you understand your credit limit. Keep reading to know more about credit limits of ICICI credit cards. 

There are a few different types of credit limits offered by ICICI Bank, here are some of them: 

• ICICI Bank Credit Card Total Credit Limit

The total credit limit on your ICICI Bank credit card is the maximum amount that you can borrow against. You can check your total credit limit on the dashboard of your ICICI credit card net banking account or through the mobile app.

• ICICI Credit Card Available Credit Limit

The available credit limit refers to the remaining balance left on your card after spending till date. If you have cleared all your past outstanding bills in full, your available credit limit will be equal to your total credit limit. However, if you have unbilled spends or have not yet paid the last ICICI credit card statement, your available credit limit will be lower than your total credit limit. The available credit limit increases as you make payments for your purchases.

• ICICI Credit Card Cash Limit

When you check the ICICI Bank credit card limit, you will notice that there is a part of the total limit that can be withdrawn as cash. This is the total amount of cash you can withdraw from the card through an ATM in case of an emergency. The ICICI credit card cash limit usually makes up for about 20%-40% of the total credit limit depending on your card type and profile.

In addition to these limits, you can also set your own ICICI credit card limit (per day/daily limit) via the app or net banking account. This would put a cap on the amount of money that you can borrow from the card on a particular day. In certain cases, if you need more than the sanctioned ICICI Bank credit card limit, you can easily go for a limit increase on your ICICI credit card.

The bank offers the ‘ICICI Credit Limit Increase’ option to customers who have owned their ICICI credit card for more than a year, with timely payments. In case the bank finds you eligible, it will reach out to you with an offer to increase your credit card limit. On accepting the offer, a bank representative will contact you and discuss details related to your new credit limit, associated charges, terms and conditions, etc.

Alternatively, you can increase your ICICI Bank credit card limit by calling the ICICI Bank credit card customer care and checking your eligibility. Do note that you would need to authenticate your request by providing your ICICI Bank credit card details. If you are found eligible, the bank will send you a confirmation message along with your new credit card limit.