ICICI Bank, India’s second largest bank in terms of assets, has a long and memorable history in the annals of Indian banking. An influential part of the fabled ‘Big Four’ banks in India, ICICI boasts of a competent network of 4,050+ branches, 12,642+ ATMs and presence in 20 countries worldwide (including India). Highly regarded for its brand of customer service, technologically sound procedures, transparent workings and sheer variety and popularity of the products on offer, the line of Credit Cards from this iconic bank have been well received, and regarded highly. When it comes to credit cards in India, ICICI Bank offers some of the premier options.
In terms of expertise, ICICI Bank can be called a pack-leader when it comes to credit cards in India- its promotion, user base and profitability. Why should you choose an ICICI Bank Credit Card? The following reasons summarize the advantages of subscribing to credit cards from ICICI Bank-
Variety- The range of credit cards offered by ICICI are segmented into 6 types- The Gemstone Collection, Contactless Payment Cards, Fuel Cards, Airline Cards, Unifare Metro Cards and Others. There is a credit card for everyone, and sorting for the one that best suits your needs is child’s play on the ICICI website, as well as on BankBazaar.com.
Fully Loaded Benefits- Every credit card on offer from ICICI is loaded to the brim with features and benefits. From offers on Fine Dining, Wellness, Holidays, Hotel, Airlines, Movies and such, to reward points and cashback benefits. There is something for everyone!!
Easy to Apply- Get on-board with online signup, or walk into the nearest ICICI Bank branch. The process of getting your own ICICI Credit Card is simple, transparent, fast and immensely customer centric.
Robust Customer Support- Backing this line of attractive products in its portfolio, is a competent customer support initiative. Have a query or concern? Help is a phone call, email or chat box away.
Thus, choosing a credit card from ICICI Bank puts you in line for great features and impeccable service- an awesome combination, indeed!
The term ‘comprehensive’ is used very lightly these days, however, the credit card offerings from ICICI Bank are indeed, comprehensive. Rich in features, each card may address a specific demographic, or express individual needs. We shall examine the important features of the various credit cards offered by ICICI Bank in the compilation herein-
The Gemstone Collection: Includes, ICICI Bank Coral Credit Card, ICICI Bank Coral American Express Credit Card, ICICI Bank Rubyx Credit Cards, ICICI Bank Sapphiro Credit Cards and ICICI Bank Diamant Credit Card (By invitation only).
Offers exclusive lifestyle benefits- Discounts on fine dining, movies, leisure etc.
Travel Benefits- Avail complimentary access to select airport lounges.
Enjoy cash rewards on all your spends with any of the credit cards in the Gemstone collection.
Lightning fast online application and instant approval.
Contactless Payment Card: Includes, ICICI Bank Coral Contactless Credit Card.
Enjoy the revolutionary MasterCard contactless technology by simply tapping the card to make payments at retail outlets.
Earn 2X reward points on fine dining, supermarket spends and groceries.
Enjoy a complimentary Provogue tie when signing up, two complimentary passes to airport lounges per quarter across India, two complimentary movies per month under the ‘Buy One Get One’ offer from BookMyShow.com.
Save from 15% onwards on fine dining bills at 800+ restaurants pan India, through the ‘Culinary Treats’ program.
Easy online application process.
Fuel Cards: Includes, ICICI Bank HPCL Coral American Express Credit Card, ICICI Bank HPCL Coral Visa/MasterCard Credit Cards and ICICI Bank HPCL Platinum Credit Card. These cards offer benefits on spends at the fuel station.
Earn guaranteed cashback on spends for fuel.
Accelerated reward points on fuel spends.
100% waiver of fuel surcharge.
Airline Cards: Includes, Jet Airways ICICI Bank Coral Credit Cards, Jet Airways ICICI Bank Rubyx Credit Cards, Jet Airways ICICI Bank Sapphiro Credit Cards and British Airways Premium Credit Card Account. The principal features include-
Avail complimentary access to select airport lounges.
On all spends, earn JP miles/ Avios. These reward points can be redeemed against free flights or upgrades.
Except the British Airways Card, the rest can be easily applied for online with instant approval.
Unifare Metro Cards: Includes, ICICI Bank Unifare Mumbai Metro Credit Card, ICICI Bank Unifare Delhi Metro Credit Card and ICICI Bank Unifare Bangalore Metro Credit Card. As the name specifies, this card can be used to the fullest when commuting by the fine metro rail systems established in Mumbai, Delhi and Bangalore, respectively.
Earn sizable discounts on the applicable Metro fare.
These credit cards double up as a Metro Smart Card and of course, a fully packed credit card.
The Metro Smart Card Chip embedded in the credit card is subject to auto recharge.
More Cards: A selection of all-weather, fully loaded, versatile credit cards that come in handy in a number of financial emergencies and casual requirements. This line includes, ICICI Bank Platinum Chip Credit Card, ICICI Bank Instant Platinum Credit Card and ICICI Bank Coral Credit Card against Fixed Deposit.
In order to avail any of the ICICI credit cards, the applicant must satisfy the following conditions:
He/she must be an Indian national citizen.
The applicant must not be younger than 23 years at the time of application. The minimum age for an add-on card holder is 18 years.
He/she must have a minimum monthly salary of Rs. 20,000.
If the applicant is self-employed, the minimum annual income must be not lesser than Rs.3 lakhs, as listed on the last IT returns document.
The applicant must have a clean credit record, with no obvious red flags.
After confirming upon the eligibility, the following documents need be supplied at the time of application:
Identity proof (PAN Card, Voter’s ID, DL, Aadhaar Card, etc.)
Address proof (Any official document that displays current place of residence).
IT Returns and/or Salary slips for the latest 2 months.
1 Passport sized photograph.
|Credit Card.||Type.||Annual Fee/ Joining Fee.|
|ICICI Bank Coral Credit Card||Gemstone Collection||Nil / Rs.6,000|
|ICICI Bank Coral American Express Credit Card||Gemstone Collection||Nil / Rs.1,250|
|ICICI Bank Rubyx Credit Cards||Gemstone Collection||Nil / Rs.3,000|
|ICICI Bank Sapphiro Credit Cards||Gemstone Collection||Nil / Rs.6,000|
|ICICI Bank Diamant Credit Card||Gemstone Collection|
|ICICI Bank Coral Contactless Credit Card||Contactless Card|
|ICICI Bank HPCL Coral American Express Credit Card||Fuel Card|
|ICICI Bank HPCL Coral Visa/MasterCard Credit Cards||Fuel Card||Rs.199 / Nil|
|ICICI Bank HPCL Platinum Credit Card||Fuel Card||Rs.199 / Nil|
|Jet Airways ICICI Bank Coral Credit Cards||Airline Card||Nil / Rs.1,250|
|Jet Airways ICICI Bank Rubyx Credit Cards||Airline Card||Nil / Rs.2,500|
|Jet Airways ICICI Bank Sapphiro Credit Cards||Airline Card||Nil / Rs.5,000|
|British Airways Premium Credit Card Account||Airline Card||Rs.7,000 / Nil|
|ICICI Bank Unifare Mumbai Metro Credit Card||Unifare Metro Cards|
|ICICI Bank Unifare Delhi Metro Credit Card||Unifare Metro Cards|
|ICICI Bank Unifare Bangalore Metro Credit Card||Unifare Metro Cards|
|ICICI Bank Platinum Chip Credit Card||N/A||Rs.199 / Nil|
|ICICI Bank Instant Platinum Credit Card||N/A|
|ICICI Bank Coral Credit Card Against Fixed Deposit||N/A|
|ICICI Bank Sapphiro Visa Credit Card||For Existing Customers||Rs. 3,500 / Rs. 6,000|
|ICICI Bank Rubyx Visa Credit Card||For Existing Customers||Rs. 2,000 / Rs. 3,000|
|ICICI Bank Carbon||For Existing Customers||One Time Fee of Rs. 1000|
|ICICI Bank VISA Signature Credit Card||For Existing Customers||First Year - Nil, 2nd Year - Rs. 2,000 / Rs. 25,000|
|ICICI Bank Platinum Identity Credit Card||For Existing Customers||First Year - Nil, 2nd Year - Rs. 750 / Rs. 2,000|
|ICICI Bank Ascent American Express Credit Card||For Existing Customers||First Year - Nil, 2nd Year - Rs. 1,000 / Rs. 4,000|
|ICICI Bank British Airways Classic Credit Card||For Existing Customers||Rs. 3,500 / Nil|
|ICICI Bank Platinum Credit Card||For Existing Customers||-|
|ICICI Bank Titanium Credit Card||For Existing Customers||-|
Get unlimited cash rewards with every purchase done using an ICICI Bank Coral Credit Card. This credit card also brings exciting offers on dining and entertainment along with complimentary lounge access for customers. As a welcome gift, card holders can get a complimentary tie from Provogue for a value of Rs 999.
The ICICI Bank Rubyx Credit Card brings customers accelerated rewards from three different rewards plans offered from ICICI Bank. As India’s first dual Platinum card, users can enjoy golf privileges, movie benefits, dining offers, complimentary airport lounge access and free welcome gifts.
Enjoy the privilege of owning two credit cards under one account. The ICICI Bank Sapphiro Credit Card offers some of the best lifestyle privileges along with travel, golf, dining and entertainment benefits. This card is available in two variants namely - MasterCard and American Express and customers can enjoy dual benefits from a Sapphiro credit card.
An ICICI Bank Diamant Credit Card is the best value add to a wallet, for individuals looking to live life to the fullest. Bringing customers superlative lifestyle privileges and access to some of the best experiences in life, this card can be availed only through invitation. Customers will get a MacBook Air MD761 as their welcome gift, when they procure a new card.
The ICICI Bank Coral American Express Credit Card carries a unique feature of being the only transparent credit card available in India. Customers can get the "Extended Credit Period" offer as an introductory gift, when they avail this card. Online transactions will get customers 50% more rewards along with dining discounts and attractive entertainment benefits.
Everyday transactions get easier with an ICICI Bank Coral Contactless Credit Card, which uses the MasterCard contactless technology to process payments. Card holders can earn 2X rewards, domestic lounge access, complimentary movie tickets, movie ticket offers and amazing dining deals from the Culinary Treats program.
Save on fuel with an ICICI Bank HPCL Coral American Express Credit Card, offering amazing cashbacks and fuel surcharge waivers. Customers can earn 3X rewards and 6 PAYBACK Points for every Rs 100 spent at HPCL petrol bunks. Additionally, card holders can also enjoy a surcharge waiver of 2.5% on fuel transactions.
As one of the best credit cards for fuel purchases, the ICICI Bank HPCL Coral Credit Card offers excellent privileges inclusive of cashbacks, accelerated rewards and fuel surcharge waiver. Customers can also enjoy entertainment benefits and dining discounts as part of the ICICI Culinary Treats Program.
With outstanding rewards from the PAYBACK program, ICICI Bank HPCL Platinum Card holders can easily lower their fuel bills with surcharge waivers, cashbacks and through redemption of accrued PAYBACK points. The card also offers customers savings on annual fees through reversals, when an amount of Rs 50,000 or more has been spent.
Every day purchase transactions can be easily converted into JPMiles and then can be redeemed for flight bookings on Jet Airways. With 1000 JPMiles as a welcome gift and 250 JPMiles given as renewal bonus, customers can enjoy excellent air mile privileges with a Jet Airways ICICI Bank Coral Credit Card.
The Jet Airways ICICI Bank Rubyx Credit Card is one of the best cards for frequent flyers, offering exceptional lifestyle and travel privileges. Customers can earn up to 8 JPMiles for every Rs 100 spent on the card and also get a complimentary Jet Airways ticket, when they renew their cards every year.
ICICI offers the Jet Airways ICICI Bank Sapphiro Credit Card for globe trotters and frequent travellers with a plethora of benefits. Customers can earn up to 10 JPMiles for every Rs 100 spent on the card along with golfing benefits, complimentary airport lounge access, bonus rewards points, renewal bonus and complimentary Jet Airways tickets.
This card has been offered by ICICI Bank in collaboration with British Airways and customers can earn flyer miles, which can be redeemed with the airlines. Get 8000 Avios as a welcome gift from ICICI and card holders can earn up to 9 Avios for every Rs 100 spent on everyday transactions. The British Airways Premium Credit Card also offers attractive lifestyle privileges to card holders.
The ICICI Bank Unifare Mumbai Metro Credit Card doubles up as a Mumbai Metro Smart Card and a credit card for Mumbai Metro commuters. Card holders can use the Auto Recharge facility to top-up their card balance, earn 8 PAYBACK points on recharge transactions, get 20% off on travel fare and also enjoy other Platinum card benefits from MasterCard.
Carrying the features of both a smart card and a credit card, the ICICI Bank Unifare Delhi Metro Credit Card can be used for transit on the Delhi Metro. Card holders can get 10% discount on the Metro fare using their smart cards. Every recharge transaction can get customers 8 PAYBACK points and accrued points can be redeemed for Delhi Metro tickets.
Customers can get a discount of 15% on travel fares, auto recharge their card balance, earn 8 PAYBACK points on every recharge transaction, fuel surcharge waiver and dining discounts of up to 15% at top restaurants in India. The ICICI Bank Unifare Bangalore Metro Credit Card also offers excellent MasterCard Platinum benefits.
As a credit card with an embedded chip, the ICICI Bank Platinum Chip Credit Card offers maximum protection against fraud attacks along with a host of benefits. Customers can get fuel surcharge waivers, earn rewards points and discounts of up to 15% on dining bills across the country. Accrued PAYBACK points can be redeemed for attractive gifts and vouchers.
As the moniker suggests, the ICICI Bank Instant Platinum Credit Card can be availed immediately over-the-counter at any ICICI branch. Customers need to just have a fixed deposit account to procure this card. Applicants do not have to submit any documents and the card can be got without any annual fees. Rewards points accrued on this card can be redeemed for cash.
The ICICI Bank Coral Credit Card will be given to any ICICI fixed deposit holder without any requirement for documentation and a discount of 50% on the joining fee. Card holders can earn cash rewards, double the rewards points got from grocery shopping, at supermarkets and dining. Visa also offers complimentary airport lounge access at domestic and international airports.
Cards for existing Customers:
The ICICI Bank Sapphiro Visa Credit Card is available to select ICICI customers, with an excellent rewards program, priority concierge services, VIP airport lounge access, golf privileges and other lifestyle privileges. New card holders can get Bose IE2 Audio Headphones as a welcome gift from ICICI Bank.
The ICICI Bank Rubyx Visa Credit Card offers three different rewards plans for customers to choose from, based on their spend category. The rewards plan chosen can be changed every six months by customers according to their spending patterns. Card holders can enjoy exclusive lifestyle privileges from ICICI along with additional travel privileges from Visa.
The ICICI Bank Carbon credit card carries an inbuilt microprocessor and is powered by Visa Code Sure, giving complete security when users perform online transactions. This card is available to select ICICI credit card holders and offers attractive lifestyle privileges from ICICI and additional entertainment and travel offers as part of Visa Infinite privileges.
ICICI Bank VISA Signature Credit Card holders can enjoy welcome offers, customised rewards plans, golf privileges, Priority Pass memberships, personal concierge services, fuel surcharge waiver and much more. The first year fee is waived off and customers have to pay a fee of Rs 2000 from the second year onwards.
Customers can customise their rewards plans according to their spending patterns and redeem accrued points for travel and dining offers, gadgets, home appliances, air miles, etc from the Rewards catalogue. ICICI Bank Platinum Identity Credit Card holders also get complimentary Priority Pass memberships, concierge services and surcharge waiver for fuel transactions done across India.
With a joining benefit of 4000 Hand-picked rewards, the ICICI Bank Ascent American Express Credit Card offers exceptional lifestyle and concierge services to card holders. Customers can earn 6 Hand-Picked Rewards for every Rs. 200 spent on dining, shopping and air ticket bookings.
The ICICI Bank British Airways Classic American Express Credit Card gives customers 25,000 Avios, when they book a British Airways return ticket from India to England, within the first three months of card usage. The welcome offer given is a bonus of 3500 Avios and card holders can earn up to 5 Avios for every Rs. 100 spent on everyday shopping or for flight bookings on British Airways.
The ICICI Bank Platinum Credit Card offers benefits like fuel surcharge waivers of 2.5% at HPCL petrol bunks, PAYBACK points, insurance coverage and other Platinum privileges from Visa. 2 PAYBACK points can be earned for every Rs. 100 spent.
The ICICI Bank Titanium Credit Card is offered without any charge and comes with benefits like fuel surcharge waivers of 2.5% at HPCL petrol bunks, PAYBACK points, insurance coverage and other privileges from MasterCard. 2 PAYBACK points can be earned for every Rs. 100 spent.
Usually, processing of a new credit card application to actual dispatch to the customer takes about 21 working days.
This is a safety feature that helps you keep your credit card spends in check. Set a monthly spending limit on your main/supplementary card and any spends above this limit will be respectfully declined.
Intimate the ICICI Bank Customer Care immediately to block the card and avoid its misuse. This is a time-intensive step, hence must be hurried. Next, the bank will talk to you about a replacement card.
Customers who make payments of their total due amount before the payment due date are free of any interest charges. Thus, patrons can enjoy interest free durations from the date of purchase of a product/service till the payment due date. This usually ranges from 18 to 48 days.
Auto debit is a convenient option that allows customers to issue standing instructions to clear their outstanding credit card bills directly from their ICICI Bank Accounts. The deducted amount could be set for the minimum due payment or total amount due. This facility helps the customers be prompt with their payments and avoid the incurred interest charges.
AirAsia, the Malaysian budget airline, announced discounted airfares of 20% for ICICI Bank credit card and debit card holders. The tie up with the private sector lender ICICI Bank is for a limited period only. Customers can avail of the offer while they travel on Thai AirAsia, AirAsia Berhad and AirAsia India flights. This promotional offer is valid for bookings made between January 18th and January 31st 2016. The travel period is February 1st to April 10th 2016. Domestic flights on offer are from Bengaluru to Jaipur, Chandigarh, Kochi, Goa and more. Customers can also use the offer to fly on AirAsia's Group network, AirAsia X, Thai AirAsia, and AirAsia Berhad from Bengaluru to Bangkok and Kuala Lumpur. They can then travel further to Macau, Bali, Hong Kong, Melbourne and similar destinations.
21st January 2016
ICICI Bank and Ajmer Nagar Nigam have signed a Memorandum of Understanding (MoU) to make online tax collections from Ajmer city residents. Tax payers in Ajmer can use this service to pay lease amounts for houses or shops and municipal taxes on the Ajmer Nagar Nigam website. Payments can be done using debit cards, credit cards or internet banking through any bank. Customers can also make payments by swiping their cards at the PoS machine installed by ICICI Bank in the Ajmer Nagar Nigam campus. No charges will be levied on customers availing the online service. Tax payers do not have to visit the Corporation Office in Ajmer to pay their taxes. Everything can be completed online from the convenience of their homes. In Rajasthan, ICICI Bank currently has a network of 600 ATMs and over 400 branches. In Jaipur, ICICI Bank also has two 24/7 ‘Touch Banking’ branches.
18th January 2016
ICICI Bank has launched the railway ticket booking facility on its website by partnering with IRCTC (the Indian Railway Catering & Tourism Corporation Ltd.). With this, ICICI Bank has become the first bank in India to provide this additional service. ICICI Bank customers can book railway tickets online through their ICICI Net Banking. The Bank has taken this initiative as a part of its digitization process and intends to enhance customer experience through such measures. Customers can also use their debit card or credit card to book the railway tickets online through ICICI.
12th January 2016
Singapore-based carrier, Tigerair has joined hands with ICICI Bank to offer a complimentary one-way ticket to Singapore, when a customer purchases a round trip. ICICI Bank credit card, debit card and prepaid card holders can enjoy this offer from December 21, 2015 to January 03, 2016. The travel should be made between January 17, 2016 to April 15, 2016. The one-way complimentary offer does not include airport taxes and can be availed on flights from Chennai, Bangalore, Kochi, Hyderabad, Lucknow and Tiruchirapalli. This deal has been put forth by Tigerair, since Singapore is one of the most-visited tourist destinations and ICICI Bank customers would definitely benefit from this limited period offer. Tigerair provides world-class services to travellers along with offering tickets at a very affordable price.
28th December 2015
India’s largest private sector bank, ICICI has partnered with Paytm in order to provide virtual prepaid cards to wallet users. These cards can be used to make payments for online purchases and PoS transactions. Paytm customers can top up their wallets using cheques or cash at ICICI branches. The co-branded, 16-digit, virtual prepaid card can be used at any outlet that accepts Visa, Rupay and MasterCard. Paytm also intends to offer a physical prepaid card to users to make payments at merchant outlets. ICICI customers can conveniently shop at establishments accepting credit cards, prepaid cards and debit cards. With this partnership, ICICI Bank also has the opportunity to expand its clientele with the inclusion of Paytm’s 115 million users.
17th December 2015
ICICI Bank has taken a major step in making it easier for people to pay their electricity bills online by signing a MoU (Memorandum of Understanding) with APEPDCL (Andhra Pradesh Eastern Power Distribution Company Limited). The bank has recently launched the ICICI Bank- Eazy Pay facility, which will allow Discom consumers to make the online payment of their electricity bills simply by logging in. People can pay their electricity bills using their credit or debit cards, NEFT or RTGS transfer or through net banking.
14th December 2015
India’s top private sector lender, ICICI Bank recently reported a rise in net profit of 11.8%, which translates into Rs. 3,030 crores. With this, the bank is also expecting its lending rates to fall, as cost of funds lowers. ICICI Bank customers can enjoy special schemes and the bank would be targeting its retail lending segment to improve its balance sheet. Profits from July to September showed a strong growth in car loans, home loans and credit cards, with retail advances increased by 25%. ICICI also noted that deposits have grown by 9% including a growth in CASA deposits by 13%. ICICI Bank is also expecting to see a growth in car loans, home loans and unsecured segments like personal loans and credit cards.
08th December 2015