ICICI Bank Credit Card: Types, Usage, and Benefits

With the quick swap of cash for credit cards, or commonly known as plastic money, monetary transactions have become relatively easy. Whether you’re trying to buy a trendy outfit or booking a flight ticket with lounge access, you get it all with a credit card. ICICI has been one of the prominent players in the field and offers you a variety of credit cards that come bearing different advantages.

ICICI Bank offers its customers the privileges of the ICICI Bank Credit cards as Visa, Master, Rupay and American Express Cards.

Features of ICICI Credit Cards

Before directly diving into the types of ICICI Credit cards or how you can maximise the benefits, it’s essential to understand why you should consider applying for an ICICI Bank Credit card.

Advantages for Newcomers – ICICI offers its newest customers numerous benefits. These include unlimited deals on selected networks, premium cashback, additional reward points, and more. You receive a welcome kit or gift (subject to eligibility) once you’ve paid the membership fee and commenced your journey with an ICICI Credit card.
Reward Points/Cashback Offers – With nearly every ICICI Bank credit card, you will earn cashback, reward points, or both, depending on the offer. Your shopping experience will be exciting when you use any of these credit cards, and you will receive bonus points that you can redeem for rewards.
Benefits for Travel – Who doesn’t love to travel? Whether it’s a beach holiday or a mountain staycation, domestic or international, any kind of travel is a rewarding experience. What’s even more enjoyable is having unlimited lounge access, or even a small fee for a buffet, and the most comfortable seating area to relax and recharge while waiting to board your flight. Not only that, but you can also benefit from unmatched discounts and offers when booking your hotels and travel arrangements, which will make your wallet happier and your travel more relaxed.
Top Benefits – If you are a movie buff, or look forward to significant savings on fuel? The ICICI Credit card offers some or all of these perks, depending on the type of card. You can save a lot, from free insurance covers to exclusive discounts on meals. This offer can make your experience worthwhile.

Different Types of ICICI Credit Cards

Now that we have explained why you should consider an ICICI Credit card, it’s time to explore the different types of ICICI credit cards to help you make an informed decision when choosing one.

ICICI Emeralde Credit Card

The ICICI Bank Emeralde Card is the most premium green-black gradient pattern credit card that ICICI Bank offers. This ICICI bank credit card eliminates every cap benefit provided by the bank, with a higher monthly plan membership fee of ₹1,000, which is waived if you spend more than ₹1,00,000 in the previous month. You get premium welcome vouchers, dining discounts, huge savings on entertainment or golf lessons, complimentary lounge access and much more. This card truly stands out with the saying- the more the merrier.

As a welcome benefit, ICICI Emeralde credit card provides you with ₹7,500 worth birthday dining vouchers from Trident Hotels on an American Express card; ₹5,000 worth gift vouchers from Da Milano on a spend of ₹2,00,000 within 60 days of joining on an American Express.
To ensure you don’t feel a financial burden, you receive a 1.5% reduction in foreign markup, with no late payment charges, overlimit fees, cash withdrawal fees, and a reduced interest rate of 1.99% on ATM cash withdrawals.
Buy one movie/event/sports/theatre ticket and get ₹750/- off per ticket, twice a month at www.bookmyshow.com.
As a golf enthusiast, you can benefit from one complementary golf round or lesson on a spend of every ₹50,000 at a maximum of 4 rounds per month.
Whether it’s health or lifestyle, you can save 50% on an annual gym membership at Gold Gym and exclusive discounts on brands like Kaya Skin Clinic, VLCC, Richfeel, etc.
No cap on access to domestic and international lounge visits as bank’s courtesy, along with unlimited domestic airport spa sessions per calendar year under complimentary membership of Dreamfolks DragonPass.
As travel benefits, there are no cancellation charges on any hotel, flight, travel or movie ticket bookings, and you’re also eligible to get a refund of up to ₹12,000 annually on two transactions. For your comfort, you get unlimited access to airport WIFI with an American Express card.

ICICI Sapphiro Credit Card

You can earn unlimited bonus reward points and use them at any time, in any way you prefer. For your information, ICICI Sapphiro Credit is the bank’s second-highest-end product and comes with gifts like:

You can save a significant amount while shopping on brands like TataCliq, Eazydiner, and travel, with the welcome vouchers, which are worth around ₹9000+.
Gain access to Payback Points on card purchases and a milestone benefit of 4,000 points on annual spends over ₹4 Lakhs.
This card makes your travel even more comfortable. You can use it to get access to 2 international and 16 domestic lounges annually, which will ensure you travel hassle-free and in a relaxed mode.
Buy one movie/event ticket and get ₹ 500/- off on the next, twice a month at www.bookmyshow.com.
If you’re a golf enthusiast who enjoys playing occasionally, you’re definitely in for a treat. You can access up to 4 complimentary golf rounds monthly, which add up to 48 rounds within a year.

ICICI Platinum Chip Credit Card

One thing that this card ensures is that you receive upstream benefits, which could include significant discounts on fuel refills or premium offers on culinary delights.

ICICI Bank understands that a fixed EMI can sometimes put a lot of pressure on you. To help with this, the bank offers the ICICI Platinum Chip Credit Card, which provides a flexible EMI option, allowing you to repay the amount in a manner that suits your budget and ability.
If you’re a regular shopper, you can even save more by earning substantial PAYBACK points on your daily expenses.
Whether you refill your fuel tank with ₹400 or ₹4000, you can save 1% on each refill at any of the HPCL petrol stations, which adds up to a significant amount.
4. Who doesn’t enjoy being treated to special culinary delights now and then? This card makes it even more appealing. You can save around 15% on Culinary Treats at over 2500+ different restaurants.

ICICI Rubyx Credit Card

The name ICICI Rubyx Credit Card certainly exudes an elite aura. This impression isn’t purely based on the name; it also offers excellent benefits that make it a more exclusive and premium card option. Once you have chosen to apply for this credit card, you will receive welcome vouchers from various brands such as TataCliq, Croma, Eazydiner, and more.
This card enables you to save approximately 25% or up to ₹150 when booking movie tickets twice a month on platforms like BookMyShow and INOX, etc. The savings are more with a significant discount.
If you enjoy playing golf, you can receive two complimentary rounds of golf per month with eligible spending.
You also receive various travel benefits. For example, when travelling by air, you can enjoy two complimentary domestic airport lounge visits per quarter. If you are a railway enthusiast, you can access eight complimentary railway lounges each year.
This card gives you a 1% surcharge waiver each time you refuel at any petrol station.

ICICI Coral Credit Card

ICICI Bank has designed Coral Credit card for your comfort and convenience, whether it’s offering significant savings on fuel refills or maximising the use of its reward features. With a minimum joining fee of ₹500+GST, you can enjoy these benefits:

If you want to explore travel benefits, this card provides you with one complimentary access to airport and railway lounges per quarter, regardless of whether you have a Master, Visa, or American Express card.
On each fuel refill transaction, you can get a 1% fuel surcharge waiver at any HPCL petrol pump.
Buy one movie/event ticket and get ₹ 250/- off on a minimum of two tickets, twice a month at www.bookmyshow.com.
To utilise this card for its maximum reward efficiency, you can gain 2 PAYBACK points per spend of ₹100 using a Master or Visa card on any of your spends except fuel. At the same time, the American Express card gives 4 PAYBACK points on a spend of ₹100 on any online shopping except fuel. Of all the varieties, you can look forward to gaining at least 1 PAYBACK point per spend of ₹100 on utilities and insurance.

ICICI HPCL Credit Card (Coral/Master/American Express)

This ICICI Credit Card comes in three different variations, wherein American Express offers twice as many reward points as Coral or Master Card. All these cards can be fully used for fuel refill transactions, among other uses, with a minimum joining fee of ₹199+GST.

To ease out your budget, this card offers you either a 2.5% cashback with a maximum of ₹100 monthly at fuel purchases. You can access this feature at every purchase above ₹500 if the card is swiped at any of the HPCL petrol pumps and IMSL machines.
This card offers you discounts while you dine out, allowing you to treat yourself to a culinary dish or a new restaurant in town.
You can get a 1% fuel surcharge waiver on each fuel refill transaction, which is quite beneficial in the long run, as you can save a considerable amount and also gain reward points as a plus one.
Additionally, Coral and Mastercard offer only 2 PAYBACK points on a spend of ₹100 on any domestic retail purchase, except for fuel. With American Express, you earn 2 PAYBACK points on a spend of ₹100 on any domestic retail purchase, excluding fuel, and 3X points on fuel purchases. This means you receive 3X benefits, which translates to 6 PAYBACK points on a ₹100 fuel purchase.
Save 25% or ₹100 on a purchase of a minimum of 2 tickets per transaction twice a month using www.bookmyshow.com.

ICICI RuPay Credit Card

Do not confuse this ICICI Rupay Credit Card with your regular debit Rupay Card. It is an exclusive offering from ICICI Bank, providing additional benefits. The ICICI Bank Rupay Card is one of the cards designed for anyone with an income above ₹ 30k per month.

You can save up to 1% whenever you get your vehicle fuel-refilled at any of the HPCL petrol pumps.
With this card, you get an offer of either 25% or up to ₹100 off when booking movie tickets on platforms like BookMyShow.
1 complimentary airport lounge access and one railway lounge access to ease you out before your long travels.
You gain broad acceptance and integration within the RuPay ecosystem through UPI transactions.

Wrapping Up

ICICI Bank and its distinctive credit cards offer excellent benefits. You can select from a range of cards to find the one that best matches your needs. Whether it’s your monthly fuel expenses or travel preferences, you can save significantly on these areas with an ICICI Credit card. The decision to apply for an ICICI Bank Credit card guarantees substantial savings.

FAQs

What is the minimum salary for a credit card in ICICI Bank?

If you’re a salaried individual, you must be at least 21 years of age, have a minimum annual income of ₹3.6 Lakhs, and have an account with the bank to get an ICICI Bank credit card. If your bank account is with another bank, you must meet the criteria of having an annual salary of ₹4 Lakhs.

Which is better, Visa or Mastercard? WHY?

Both VISA and Master Card are globally accepted networks, used by merchant outlets. Both networks operate worldwide, but on distinct networks and offer different privileges and fee structures depending on the Bank that issues the card.

Most banks issuing credit cards offer the applicant options of the VISA or Master card to applicants, with features and benefits added as per their own marketing strategies.
Applicants have the option to choose between two networks that perform the same basic functions for secure payments through the secure gateways offered for payments made with a credit card. Significant differences include:
Visa charges the Bank a data processing fee per transaction, whereas Mastercard charges the Bank a connectivity fee for using the Mastercard network and a percentage of the volume.
A VISA card has a greater acceptance network globally. It offers convenient benefits, such as emergency assistance, as compared to the Master, which identifies with luxuries such as travel and Airline booking.
Both networks are considered robust in offering reward points and cashback points, and security measures with protection against fraud and zero liability benefits.
Although VISA has a stronger acceptance network globally, both networks are treated as similar and accepted in India.

Which ICICI Credit Card is free?

The ICICI Platinum Chip Credit Card and Amazon Pay ICICI Bank Credit Card are both lifetime-free cards offered by ICICI Bank with no joining or annual fees. The Platinum Chip Card is the simplest and most basic card, offering exclusive benefits such as fee waivers for fuel surcharges or significant discounts on culinary treats. You also have the option to earn reward points on utilities, insurance, and other miscellaneous expenses. With Amazon Pay, you can maximise your savings while shopping online through Amazon or other merchants that accept Amazon Pay.

How can I avoid paying annual fees on ICICI credit cards?

To waive the annual fee for an ICICI credit card, you must have spent a specified amount in the previous year, with the spending threshold varying by card. To clarify, to waive the annual fee on an ICICI Coral Credit Card, you must spend ₹1.5 Lakhs annually, while the ICICI Rubyx Credit Card requires a spend of ₹3 lakhs annually. To stay informed, you can check the specific requirements on www.icicibank.com or contact the bank directly with any questions.

What should I do if my card is lost or stolen?

Suppose your ICICI credit card is lost or stolen. The first and immediate step is to report it to ICICI Bank by calling their 24x7 Customer Care at 1800 1080 to block the card and prevent any fraudulent or unauthorised transactions. You can also use the ICICI Bank iMobile app or log in to your Internet Banking account to instantly block the card. After reporting the matter to the respective authority, you should monitor your transactions for any misuse. If you find any, you may be eligible for zero liability if you report it within a specific timeframe to avoid future issues.

What is the interest rate on ICICI credit cards?

Each of the ICICI bank credit cards comes with a different monthly and annual interest rate. The monthly interest rate varies from 2.40% to 3.67%. Whereas, the range for the annual interest rate can vary between 29.88% to 44%. To simplify the rates even more, the table below gives details.

Card Type	Monthly Interest Rate	Annual Interest Rate
ICICI Bank Instant Platinum Credit Card	2.49%	29.88%
ICICI Bank Sapphiro Credit Card	3.40%	40.80%
ICICI Bank Rubyx Credit Card	3.40%	40.80%
ICICI Bank Coral Credit Card	3.40%	40.80%
ICICI Bank Expressions Credit Card	3.40%	40.80%
ICICI Bank HPCL Coral Credit Card	3.40%	40.80%
ICICI Bank HPCL Super Saver Credit Card	3.50%	42.00%
MakeMyTrip ICICI Bank Platinum Credit Card	3.50%	42.00%
MakeMyTrip ICICI Bank Signature Credit Card	3.50%	42.00%
ICICI Bank Manchester United Signature Credit Card	3.67%	44.00%
ICICI Bank Manchester United Platinum Credit Card	3.67%	44.00%

Do ICICI credit card reward points expire?

Generally, ICICI Bank Credit Card reward points have a validity of 3 years or 3 months from the date they are issued. However, some cards, like the MakeMyTrip ICICI Bank Credit Card, offer myCash, which may not expire, but the associated vouchers have their own separate validity periods. Reward points will expire and be forfeited if you cancel your card without redeeming them. You can also check the validity period of a specific card’s reward points on the official website www.icicibank.com.

How to redeem ICICI Bank Credit Card Reward Points?

To redeem ICICI Bank credit card reward points, log in to ICICI Bank Internet Banking or open the iMobile Pay app and follow these steps. Navigate to the "Credit Cards" or "Cards & Loans" section, then tap on the "ICICI Bank Rewards" or "Rewards Points" option. Next, select "Redeem Online" or "Redeem Now" to browse the rewards catalogue carefully. Choose your desired item, such as gift cards, products, or travel bookings. Complete the redemption by selecting the preferred option and confirming your choice. Order. Alternatively, you can also note down the item code from the rewards catalogue and contact ICICI Bank customer care directly. After this, you only need to state the item code to the customer service representative and the customer the order with the same and make a note of the special order number for your records.

Can I hold more than one ICICI Bank credit card?

Yes, there is no limit on the number of cards you can obtain from ICICI Bank. It entirely depends on the individual's capacity and personal needs. However, it is essential to understand that carrying too many new credit cards can lower one's credit score, as it decreases the average age of the overall credit history.

How to close/cancel an ICICI credit card permanently?

To permanently close or cancel your ICICI Bank credit card, ensure all outstanding dues are cleared and reward points are redeemed. To initiate the process, contact ICICI customer care at 1860 120 7777 or use the Net Banking portal by following the steps provided below.

Log in to your ICICI Bank Net Banking account.
Go to Customer Service > Service Requests > Credit Cards.
Choose the option to Request Cancellation of Credit Card.
You can enter your credit card number (last 4 digits), the reason for cancellation, and your registered mobile and email ID.

You can also fill out and submit the cancellation form directly available on www.icicibank.com. After receiving a request from your end, a customer representative will contact you for confirmation, following which the process will be completed within seven working days.