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ICICI Credit Limit

ICICI Credit Card Limit

Last Updated 25th Nov 2020

ICICI credit card limit is the maximum amount that you can spend with your ICICI credit card.

ICICI Credit Card Limit Types
  • Total Credit Limit
  • Available Credit Limit
  • Cash Limit
ICICI Credit Card Limit Factors
  • Credit Score
  • Income-Debt Ratio
  • Other Credit Cards
ICICI Credit Card Limit Check
  • Mobile/Internet Banking
  • Customer Care
  • Visiting ICICI Bank
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ICICI Credit Card Limit

A ICICI credit card offers too many benefits to be ignored. From purchasing expensive gadgets to making our dream trips to fulfilling our basic needs such as shopping online, settling utility bills, ICICI credit card is one of the most convenient methods of making payments. To make any transactions against your ICICI credit card, you need to have an eligible credit limit for your cards. ICICI credit card limit is the maximum amount that you can spend with your ICICI card and is dependent on various factors such as income, previous credit cards, repayment capacity etc.

Types of ICICI Credit Card Limit

These are 3 types of ICICI credit card limit that you can get with your ICICI credit card.

ICICI Card Total Credit Limit

ICICI Bank card total credit limit is the maximum credit amount that you can spend with your ICICI credit card. The total credit limit reduces as you make any transactions against your ICICI Bank credit card and similarly also gets restored as you make credit card bill payment.

For instance, if the total credit limit against your ICICI card is ₹ 1 Lakh, then it means that you can spend up to ₹ 1 Lakh against your ICICI credit card.

ICICI Card Available Credit Limit

ICICI card available credit limit is the credit limit on the specified date. For instance, if the available credit limit against your ICICI card is ₹ 1 Lakh, and you have spent ₹ 60,000, then the ICICI card available credit limit is ₹ 40,000.

ICICI Card Cash Limit

ICICI card cash limit is a component of total credit limit that can be withdrawn as cash for emergency use. However, it attracts the applicable ICICI Bank Credit Card Cash withdrawal charge and fee.

For instance, if the available credit limit against your ICICI card is ₹ 1 Lakh, then the ICICI Bank generally provides 20%-40% cash limit, depending on your profile and type of credit card that you have availed.

Factors that Decide ICICI Bank Credit Card Limit

Below mentioned are the factors based on which ICICI Bank determines your credit card limit:

  • Credit history: The first and foremost factor that ICICI Bank evaluates as it receives your credit card application is your credit history. If you have a good credit score, it signifies that you can repay the credit on time and hence you will be provided with a higher credit limit and similarly vice-versa. Borrowers with no credit history also get lower credit limits against their ICICI credit cards.
  • Income and Debts: The debt-income ratio is another crucial factor that ICICI Bank evaluates before determining the credit limit. The amount of existing debts and how you manage with your income sources helps in deciding the ICICI credit limit. The lower your debt-income ratio is, the higher will be your credit limit and similarly vice-versa.
  • Limits on other credit cards: ICICI Bank also determines the credit card limit based on other credit cards. For instance, you have a platinum credit for another bank. It is quite apparent that you have a high credit limit as available against regular credit cards.

How to check ICICI Credit Card Net Banking Credit Card Limit?

If you want to check your eligibility on ICICI credit card, you can log in your ICICI net banking account or ICICI mobile application and can check the credit card limit on the dashboard. However, if you don’t have a mobile banking or internet banking account, you can also check your ICICI credit card limit by calling ICICI customer care or either you can visit the nearest ICICI Bank .

How to Increase ICICI Credit Card Limit?

Once you have checked your eligibility and want to increase credit card limit on your ICICI card, you can either avail ICICI ‘Limit Enhancement’ feature on your existing card, or else you can upgrade to another ICICI credit card through ‘Card Upgrade’ feature. In case, you want to assure your eligibility for the credit limit on your card; you can also provide additional information to ICICI Bank. ICICI Bank allows for an annual increase in credit limit if you have repaid all your dues on time and have a good credit score.

To increase your credit card limit through any of the features as mentioned earlier, you can apply for the same by the following methods:

  • Apply through Net Banking
  • Call ICICI Bank Customer Care
  • Visit ICICI Bank nearest branch
  • ICICI Bank approaches you

ICICI Credit Card Limit Increase via Net Banking

To increase ICICI credit card limit via net banking, you need to follow the below-mentioned steps:

  • Login to your ICICI net banking account. On the homepage of your credit card, click ‘Credit Card- Card Upgrade with Enhancement’.
  • Choose your ICICI card and click on the ‘Continue’ button.
  • If your card is eligible for enhancement, you will find a pop-up message displaying the applicable credit limit.
  • Once you know all the details, you can check about the features of the new credit card if you are eligible for the same and can upgrade your card.
  • Finally, the lender will approve your card and the same will be dispatched to your registered address within 7 to 10 working days.
  • All the rewards, dues and transactions, etc., will finally be transferred to the new card. However, in the case of only limit enhancement, the limit will be extended for the same card.

ICICI Credit Card Limit Increase by calling Customer Care

If you don’t have a ICICI Bank net banking account, you can also request for ICICI Bank credit limit increase by calling ICICI Bank customer care on the number mentioned below. The number is available 24*7 including on Sundays and Bank holidays.

ICICI Bank Customer Care number is . 1860-120-7777/ 1800-103-8181

FAQs

How can I know my ICICI credit card limit?

If you want to check your eligibility on ICICI credit card, you can log in your ICICI net banking account or ICICI mobile application. In case you don’t have a mobile banking/ internet banking account, you can check your ICICI credit card limit by calling ICICI customer care.

How can I increase my ICICI credit card limit?

You can increase your ICICI credit card limit by applying for Limit Enhancement/Card Upgrade through the methods mentioned below:

  • Apply through Net Banking
  • Call ICICI Bank Customer Care
  • Visit ICICI Bank nearest branch
  • ICICI Bank approaches you

How is the credit limit calculated?

ICICI Bank calculates credit card limit by evaluating your credit history based on your credit score, your debt-income ratio and other credit cards that you have availed.

Can I spend more than the limit?

No, you can only spend up to the total credit card limit of your ICICI card. However, ICICI Bank may approve your over-the limit transaction if you have a good credit history and repayment track record.


ICICI Credit Card News - Nov 2020
  • 2020-11-25 : ICICI Bank launches Cardless EMI facility
    The bank has launched a fully automated, cardless EMI facility for retail stores in collaboration with PineLabs. Instead of wallet or cards, this Cardless EMI helps consumers to purchase any commodity such as electronics, home appliances only by using their cell phone and PAN.
  • 2020-11-06 : ICICI Bank introduced banking stack for millennial customers
    ICICI Bank launched a comprehensive banking programme known as ICICI Bank Mine ICICI Bank Mine, for millennial customers, in the age bracket of 18 years to 35 years called. It offers an instant savings account, a feature-driven iMobile application that offers investment guidance and curated credit and debit card. In addition to this, it is will also offer instant personal loans and overdrafts, and an experiential branch with social engagement space.
  • 2020-11-03 : New charges and fees by ICICI Bank
    Effective November 1, 2020, ICICI Bank will charge Rs 50 as a convenience fee on its customers for every such transaction done on bank holidays and between 6:00 pm and 8:00 am on working days. Further, The bank will charge a convenience fee if the cash deposit in the cash acceptor/recycler machines exceeds Rs 10,000 per month either as a single transaction or multiple transactions.
  • 2020-07-09 : Banks exceed digital transaction target set for 2019-20
    The government notified that 17 banks received an overall good rating for their performance on digital transactions in 2019-20, with ICICI Bank topping the list of 56 banks and closed wallets. The result is the indication of ameliorating banking services like providing retail and business loans digitally with ease.
  • 2020-07-07 : ICICI Bank surpassed 1 million users on WhatsApp platform
    ICICI Bank crossed a mark of 1 million users on its WhatsApp banking platform. ICICI Bank had introduced WhatsApp banking services three months ago to enable its retail customers to undertake banking requirements from their home in the wake of the coronavirus pandemic.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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