•  Loading your search... Loading your search...
  • ICICI Balance Transfer is Rated as "Great!" by 7533 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    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
      "Average card"
      0.5 3.5/5 "Pretty good"
      My credit card application was approved with ICICI bank and the experience was average. The process took 45 days to complete because there was a signature issues. I am happy with the credit limit and there is no annual fee charged for this card. Customer service was good and they collected documents on time. I use this card for general purpose and i did not find any offers so far.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good service"
      0.5 4.0/5 "Great!"
      My credit card was taken with ICICI bank 1 year bank. The credit limit was 32,000 which is snot satisfactory at all. I have no idea about the benefits . The customer service and response was good. I am holding life time free card so there is no annual fee .My overall experience was really good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Better card to use"
      0.5 4.0/5 "Great!"
      I have started using the ICICI bank coral visa credit card for the past 3 years. The credit limit value is low with this card and I have raised a request to increase the credit limit value . They have increase the limit up to 9,000 , It would be good if they can increase up to Rs,50,000 as credit limit value.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "ICICI platinum credit card"
      0.5 4.0/5 "Great!"
      I hold a platinum credit card with ICICI bank.The sur charges for fuel will get reverted. For EMI conversion the interest was on the higher side, it comes around 10 to 11% for 1 year.The customer service and response was fine with ICICI bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good Card to use"
      0.5 4.0/5 "Great!"
      The application process of ICICI bank credit card was very long, it took more than a month to receive the credit card. They gave a credit limit of Rs 50000 which is less for this card. I use this credit card mainly for petrol and purchase. Annual fee of Rs 500 has to be paid for this card and the customer support was not up to the mark.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good Card to use"
      0.5 4.0/5 "Great!"
      I have my credit card approved with ICICI bank and the experience was good, the process took 2 months to complete. The credit limit of Rs 55000 is very less in this card. An annual fee of Rs 500 has to be paid for this card. Movie tickets offer from book my show is not valid. I use this credit card for multipurpose and the customer support was very good.
      Was this review helpful? 0
      , chennai
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good Card to use"
      0.5 5.0/5 "Blown Away!"
      My credit card application was approved with ICICI bank and the experience was very good, I am happy with the credit limit in this card and there is no annual fee for this card. I use this credit card mainly for shopping purpose. I received my credit card within a week. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The customer support is good with ICICI credit card service. ICICI credit limit is sufficient for me. ICICI online net banking is easy for navigation with lot of good options. The rate of interest and charges is fine with ICICI. It is an average service from ICICI credit card service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I am having the ICICI bank coral visa credit card for the past 4 years. The rewards points and the cash back offers are good with the ICICI bank coral credit card. I am satisfied with the credit limit value. The customer service is good ICICI bank and I need to pay the annual fee to this card, but they will revert it back.
      Was this review helpful? 0
      , pune
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Offers and limit is good"
      0.5 4.5/5 "Excellent!"
      I hold a credit card with ICICI Bank as well. The bank is providing the best of offers and the credit limit is good. I can use my card all over and there are good deals. It has been hassle free and the statements are clear too. The customer support is good.
      Was this review helpful? 0
      , noida
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good Service"
      0.5 4.0/5 "Great!"
      I've been using the ICICI bank Ferrari Platinum Credit card for the past five Months. The card is packed with the exciting features such as Buy One Get one offers on movie tickets and also have domestic Airport Lounge Access and the they also offer Shopping Discount Vouchers regularly.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 24, 2018
    • ICICI Bank Credit Card
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a credit card from Icici bank, the experience with the credit card is not so good, their services are lacking and they are not fully responsive or reachable, the card is OK, but they need to make improvements on the services, I am not satisfied completely.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Not completely satisfied"
      0.5 4.0/5 "Great!"
      I am not happy with the credit card I am holding from Icici Bank, the customer service the bank is providing is not so good, and if I have any issues the customer service is not easily accessible. So on this point they need to make some improvements.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Average"
      0.5 3.0/5 "Satisfactory"
      The rate of Interest and charges was been nominal compared to others in the market. The offers and benefits are good with Icici. The credit limit is comfortable for me. The customer support was been prompt. It was a good experience with Icici credit card department.
      Was this review helpful? 0
      , new delhi
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have been using Icici credit card for the past four months. The customer support is prompt with Icici credit card service. The credit limit was also good with Icici credit card service. It was an good experience with Icici credit card service.
      Was this review helpful? 0
      , new delhi
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "ICICI credit card"
      0.5 4.0/5 "Great!"
      I hold a credit card with ICICI bank and i have received reward points and cash back with the card. I have requested to increase the limit but till now the have not increased the limit. I am not using any application with the card. There is no annual charge with the card.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I am using Icici credit card service. The customer support is prompt with Icici credit card service. The offers and cash backs are good with Icici credit card service. The online net banking is easy to use with lot of good options.., It was an good experience with Icici credit card service.
      Was this review helpful? 0
      , noida
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Average"
      0.5 3.5/5 "Pretty good"
      I have been using Icici credit card for the past four months. The customer support is prompt with Icici credit card service. The credit limit was also good with Icici credit card service. It was an good experience with Icici credit card service.
      Was this review helpful? 0
      , chennai
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Better card to use"
      0.5 5.0/5 "Blown Away!"
      I have started using the ICICI bank platinum chip credit card for more than a year. The credit limit value is good with this card and I am satisfied with it. I use this card for only purchases. The benefits like reward points and the cash back offers are also available with this ICICI bank platinum chop credit card.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 23, 2018
    • ICICI Bank Credit Card
      "Better card to use"
      0.5 5.0/5 "Blown Away!"
      I use the ICICI bank coral credit card for the past 5 years. The customer support service and the response is good with the ICICI bank. The credit limit value is good with this card . There is no annual fee to this ICICI bank coral credit card . I am satisfied using the ICICI bank coral credit card.
      Was this review helpful? 0
      , jaipur
      Reviewed on Apr 23, 2018
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.