ICICI Bank Credit Card Fees and Charges

Interest rates for some of the popular ICICI Bank credit cards are as follows: 

ICICI Bank Credit Card Withdrawal Charges:

A withdrawal charge, also known as cash advance fee, is charged by the bank when you withdraw cash from an ATM using your credit card. ICICI Bank charges a withdrawal fee of up to 3.75% per month on the withdrawn amount, depending on the card variant. 

For most of the ICICI Bank credit cards, you can withdraw cash up to a specified limit, after three months from the date of activation. Do note that the bank does not offer any interest-free grace period, and interest is applicable from the date of withdrawal. It is advisable to check with the bank for more detailed terms and conditions applicable to your credit card variant.

ICICI Bank Credit Card Late Payment Charges:

If you fail to pay even the minimum amount due on your credit card bill by the due date, the bank will impose late payment charges. The late payment charges for ICICI Bank credit card are as follows: 

ICICI Bank Credit Card Forex Markup Fee:

The bank charges a forex markup fee when you make purchases or transactions in a foreign currency using your credit card. This fee is charged by the bank to cover the conversion cost of foreign currency amount into Indian rupees. Do note that this fee is applicable on overseas ATM cash withdrawals, purchases made on foreign shores, international online transactions, and payments done at locations like duty-free shops that process transactions through overseas accounts. 

The bank usually calculates the forex markup fee as a percentage of the transaction amount. It is added to your credit card bill along with applicable taxes. It is important to understand the forex markup fee charged by ICICI Bank to effectively manage the cost of international transactions. 

Forex markup fee for some of the ICICI Ban credits card are as follows: 

ICICI Bank Credit Card Joining and Annual Fee:

When you apply for a credit card, the bank charges a joining fee at the time of card issuance. Once you complete a year using the card, the bank charges an annual fee. Some banks do offer a waiver on annual fees if you achieve the spend-based milestone. Do note that the amount of these fees varies based on the credit card variant. Generally, entry-level credit cards have lower joining and annual fees in comparison to premium credit cards. Some entry-level credit cards are also offered at zero joining and annual fees. 

The joining fees and annual fees for some of the popular ICICI Bank credit cards are as follows: