Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  •  Loading your search... Loading your search...
  • ICICI Balance Transfer is Rated as "Great!" by 6923 Users
    Credit Card BYTES FROM OUR KITCHEN

    ICICI Balance Transfer

    ICICI Credit Card Balance Transfer

    You can transfer the credit balance outstanding on another Bank credit card to your ICICI Bank credit card at an attractively low rate of interest. With this facility, you can save a lot of money on the interest paid out on the credit card and can consolidate the outstanding balance available on your credit cards.

    Features of ICICI Bank Credit Card Balance Transfer

    • With the ICICI Bank Credit Card Balance Transfer you can repay the outstanding amount due at a lower rate of interest and thereby save money on interest payment to another Bank credit card.
    • You can choose to pay in EMIs for 3 months and/or 6 months
    • Processing of the Balance Transfer request is done quickly and efficiently.
    • The customer is responsible for any additional charges, overdue amount or fees levied by the other bank and has to continue payments to be made by the due date to the other bank credit card account, until the payment from ICICI is transferred to the account.

    How to Apply for Credit Card Balance Transfer with ICICI

    In order to avail the ICICI Bank Balance Transfer facility, all you have to do is contact the ICICI Bank customer care or send an SMS to 5676766 with the message “BT”. You can also give a missed call to 7572807807. The customer care will then contact you on the mobile number registered with the Bank.

    Know the Process of Balance Transfer

    In order to proceed with the Balance Transfer, you have to follow any of the two methods given below:

    • The Bank will send a Demand Draft to the cardholder’s mailing address, in favour of the other Bank that has issued the credit card from which you wish to transfer the outstanding amount. This will be credited to the other Bank credit card account of the cardholder. This same amount is then reflected on the ICICI Bank credit card held by the customer.
    • The Bank will initiate a NEFT transfer in in favour of the other Bank that has issued the credit card from which you wish to transfer the outstanding amount. . This will be credited to the other Bank credit card account of the cardholder. This same amount is then reflected on the ICICI Bank credit card held by the customer.

    Repayment

    There are two types of repayment option for the credit amount that has been transferred. This has to be chosen at the time of availing the Balance Transfer facility

    EMI Balance Transfer

    Under the EMI Balance Transfer facility, the cardholder has to repay the principal + interest in Equated Monthly Instalments. The EMI that has to be paid in a particular month will be reflected in the credit card statement issued by ICICI Bank. The cardholder can authorize the bank to debit the card account automatically, on a monthly basis. Once the payment is made, the credit limit available on the card will be reinstated accordingly. The EMI amount will be added to the prevailing Minimum Amount Due on the ICICI Bank credit Card.

    Flexi Balance Transfer

    Under this method of repayment, the amount that has been transferred from other Bank credit cards will be added to the EMI amount due or the Total Amount Due on the ICICI Bank credit card. The repayment has to be made as the total amount due. The outstanding amount that has been transferred will be charged at the special interest rate quoted by the Bank for Balance Transfer. Other charges and fees on transactions will have the same interest that is applicable by the Bank on the date of transaction. If the ICICI credit card holder has not repaid the transferred amount within the period specified, then standard rate of interest is applicable on the outstanding amount.

    ICICI Credit Card Balance Transfer Eligibility

    • Should have a minimum outstanding due of Rs.15,000 on the other bank credit card to become eligible for balance transfer
    • Should be ICICs existing credit card customer with decent track record of credit card spends, repayment history and transaction pattern

    ICICI Credit Card Balance Transfer On EMI Foreclosure

    If you wish to pre-close your EMI balance transfer facility before the end of the tenure, you need to pay the entire outstanding along with all interest and other charges with respect to the facility immediately. The bank will levy foreclosure charges as per the terms indicated in the communication received by your at the time of availing the balance transfer facility.

    The foreclosure request can be raised at any time by approaching ICICI’s helpline.  

    Default in payment of two consecutive EMIs may lead to pre-closure of the facility as demanded by the bank. ICICI reserves the right to demand for repayment of outstanding in full along with the interest, for any default in EMI payments.

    Cancellation ICICI Credit Card Balance Transfer On EMI

    You are eligible to apply for cancellation within 15 days of receiving the balance transfer facility. You can contact the bank’s customer care and ask to cancel the facility.

    Once your cancellation request gets approved, you may have to return the demand draft to Credit Card Operations, ICICI Bank Ltd., ICICI Bank Tower, C – Wing, Autumn Estate, Chandivali Farm Road, Chandivali, Andheri (East), Mumbai 400072.

    However, if you availed the balance transfer facility through an NEFT, you cannot cancel it. 

    Credit Card Reviews

    • ICICI Bank Credit Card
      "Good card to use"
      0.5 5.0/5 "Blown Away!"
      I am using ICICI bank credit card from last 1 year, the credit card services are good when compared to all other credit cards. They did not charge any annual fee at the time of getting this credit card. I get offers in this credit card but i am unable to use. I use net banking for making payments and i have a credit limit of Rs 60000 with the cash limit of Rs 25000 in this credit card.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Excellent card"
      0.5 5.0/5 "Blown Away!"
      My credit card was taken from ICICI Bank. I am using Coral credit card for more than 5 years. They offered me a limit of 75,000 which was enough. It is a life time free credit card. I use this card for shopping, ticket booking and for various purpose.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Average"
      0.5 5.0/5 "Blown Away!"
      I have ICICI bank credit card from the last one month of time. I would like to say that the credit limit value is 78000 Rupees and the customer service is not yet experienced . Offers and other things are really good one with the ICICI bank credit card.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have my credit card of ICICI Bank for about 9 months back. I hold platinum International card and the credit limit was45,000 which is average in the market . Here there are no much benefits. The customer service and responses was not satisfactory since I could not connect them when ever I try . The fees and charges are nominal.My overall experience was very good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Good card to use"
      0.5 4.0/5 "Great!"
      I am using ICICI credit card from last 8 years, the credit card services are comparatively good than other credit cards. They did not charge any annual fee at the time of getting this credit card. I get reward points and payback points on shopping with this credit card. I have a credit limit of Rs 25000 which is sufficient for this credit card.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Wonderful"
      0.5 4.0/5 "Great!"
      I am using the ICICI bank credit card from the last one year of time. I would like to say that the online banking services are good one with them and the response is also fine too. Everything is good one with the ICICI bank credit card.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 19, 2018
    • ICICI Bank Credit Card
      "Good card"
      0.5 4.0/5 "Great!"
      I hold ICICI credit card for more than 4 years and its a platinum card. The credit limit was 80-90K. I am not utilizing the full credit limit so its not a big deal to me. I use this card occasionally. They charged annual fee as 250 rupees. The customer service was okay.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 18, 2018
    • ICICI Bank Credit Card
      "Good card to use"
      0.5 4.0/5 "Great!"
      I have my credit card with ICICI bank from last 10 years, i find this credit card is very convenient to use. There is no annual fee charged for this credit card. I get good offers like reward points in this credit card. I use this credit card for petrol and i have a credit limit of Rs 1.75 which is sufficient for this credit card.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 18, 2018
    • ICICI Bank Credit Card
      "Best card to use"
      0.5 5.0/5 "Blown Away!"
      I am using ICICI bank credit card from last 1 year, the credit card services are comparatively good than other credit cards. They did not charge any annual at the time of getting this credit card. I get offers like buy 1 get 1 movie tickets in this credit card. My bill payment gets auto deducted from the account. I have a credit limit of Rs 60000 and the cash limit of Rs 15000 in this credit card.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 18, 2018
    • ICICI Bank Credit Card
      "Average service"
      0.5 2.0/5 "Expected more"
      I am disappointed with Icici credit card department as they never increased my credit limit but they have provided me with good offers still I wont be using it much. I feel Icici credit card department needs to improve when it comes to the response. It is a fine service that I received from Icici credit card department.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jan 18, 2018
    • ICICI Bank Credit Card
      "Average"
      0.5 4.0/5 "Great!"
      I had a credit card with ICICI Bank and closed before 3 years. The rate of interest and charges are more for the credit card. The credit limit was good based on my salary. It is a life time free credit card. There was good discounts and cash back offers.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Average card to use"
      0.5 3.0/5 "Satisfactory"
      I had a credit card with ICICI bank from last 2 years and the card type is coral credit card. The credit card services are average when compared to all other credit card. An annual fee of Rs 499 has to be paid every year for this credit card. I get offers like buy 1 get 1 movie tickets in this credit card. I use this card mainly for shopping purpose and i had a credit limit of Rs 65000.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Better card"
      0.5 4.0/5 "Great!"
      I use CORAL Credit Card with ICICI Bank. I am getting discounts and offers on online shopping. The credit limit was 1.25L which was good. They charge annual fee again it will get waived off on the maximum transactions. I am using the credit card for almost 4 years.
      Was this review helpful? 0
      , ambala
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a best experience with Icici bank credit card department. The credit limit they offer me was good. They also provide me with good offers and benefits and the online credit application of Icici credit card department is good. I am totally satisfied with the service of Icici credit card department.
      Was this review helpful? 0
      , noida
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Good"
      0.5 4.0/5 "Great!"
      I have my credit card with ICICI bank for about 10 years.I hold coral International card and the credit limit was 70-80,000 which was satisfactory . The customer service and responsiveness was really good. The charges and Interest rate was average. My overall experience was good and I would like to recommend to others.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Better"
      0.5 4.0/5 "Great!"
      I am having the ICICI bank credit card and am using it from the last two years of time. Response is fine one for me with them. I would like to say that the customer service is also fine one for me with them and the credit limit value is also good one. I would suggest this for every one.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am getting the cashback on shopping and on dining and at all fuel station on my ICICI bank credit card. Credit limit value is good one with the ICICI bank credit card and the response is an excellent one with the ICICI bank credit card which is really like.
      Was this review helpful? 0
      , greater noida
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Good to use and it recomended to all"
      0.5 5.0/5 "Blown Away!"
      I got the ICICI bank ferrari platinum credit card very recently and ICICI has upgraded my old credit card. I am satisfied with the credit limit value, because they have offered me the decent number. I use this card for shopping , online banking, purchases and I get the benefits of payback offers and etc.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 17, 2018
    • ICICI Bank Credit Card
      "Satisfactory"
      0.5 4.0/5 "Great!"
      My credit card was taken with ICICI Bank. I am using the card for last 3 years and very recently they increased my credit limit. I have been using Coral credit card and they upgraded to Ferrari card. They charge annual fee of 500 rupees. Only the rate of interest was high, other things are satisfactory.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 16, 2018
    • ICICI Bank Credit Card
      "Need to improve customer service"
      0.5 3.0/5 "Satisfactory"
      I have received a credit card with ICICI bank last two weeks ago.The limit on the card is sufficient but i am not satisfied with the service,i did not receive the pin number to purchase i tried calling the customer service and it was not connecting therefore i would not recommend this card to others.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 16, 2018
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.