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Platinum Chip Credit Card 2020

Platinum Chip Credit Card Fee and Charges

Last Updated 09th Jul 2020
Joining feesNil
First Year Annual Fees Nil
Renewal Fees from 2nd Year Nil
Interest Rate/ Finance Charges per month3.40%
Brand Partner N/A
Late Payment Charges ₹ 750

Platinum Chip Credit Card Features

  • New chip cards with an extra layer of security in the form of a Personal Identification Number
  • Rewards powered by PAYBACK, redeemable for exciting gifts and vouchers
  • Buy 1 Get 1 movie ticket Free each month on BookMyShow.

Platinum Chip Credit Card Benefits

  • Lifetime free credit card
  • 1% Fuel surcharge waiver
  • Minimum 15% savings on dining at over 800 restaurants
  • 2 PAYBACK points for every Rs. 100 spent

Platinum Chip Credit Card Eligibility

An applicant needs to meet the following criteria to get Platinum Chip Credit Card from ICICI Bank:

  • Income: ICICI Bank requires a minimum monthly income of ₹ 15,000 or above is to be eligible for Platinum Chip Credit Card.
  • Age: The applicant should be of of minimum 21 years to be eligible for Platinum Chip Credit Card.
  • CIBIL: ICICI Bank require a minimum CIBIL score of 700 for issuing its Platinum Chip Credit Card.
  • Occupation: ICICI Bank offers this credit card to both, salaried and self employed professionals and businessman with regular source of income.
Eligibility ParametersCriteria
Income ₹ 15,000
Age Min 21 years
CIBIL Score700 and above
OccupationSalaried and Self Employed

More about Low Fee Card

  • No frills card
  • Low fee card let you pay negligible or zero joining fees and enjoy the convenience of spending on the credit cards without any add on benefits.
  • No or low renewal fees.
  • Suitable for those who want to use credit cards only as convenient payment cards.
  • Long credit free period with very low rate of interest.
  • Upto 100% cash withdrawal facility available.
  • Convert your purchases into easy to pay EMIs.
  • Limited offers for reward points or cash backs available on select cards.

More about Rewards Card

  • Get rewards for spending
  • Rewards card offers you reward points, every time you spend on pre-specified categories. Get attractive gift vouchers and discount coupons available on accumulated reward points.
    Rewards cards are similar to cash back credit cards, but instead of receiving cash when you spend you gain reward points which can be converted into vouchers spendable at a large range of retailers.
  • Receive rewards at leading hotels, dining outlets, apparel stores, departmental stores.
  • Lounge access at selected airports.
  • Enjoy offers on holidays, golfing retreats, movie tickets, dining and more.
  • Redeem awards at a large number of shopping outlets include online retailers.
  • Convert your purchases into easy to pay EMIs.

FAQs

What charges I need to pay as joining fee for Platinum Chip Credit Card of ICICI Bank?

Joining fee charged on ICICI Bank Platinum Chip Credit Card is NIL.

What is the annual fee for Platinum Chip Credit Card ?

Annual fee charged on Platinum Chip Credit Card is NIL.

Is there any late payment charge on Platinum Chip Credit Card ?

No, ICICI Bank does not charge any late payment fee on your Platinum Chip Credit Card.

What is the second year renewal fee on Platinum Chip Credit Card ?

ICICI Bank charges a second year renewal fee of NIL on your Platinum Chip Credit Card

What is the interest charge per month on Platinum Chip Credit Card ?

ICICI Bank charges an interest of 3.40% per month on Platinum Chip Credit Card.


Credit Card Reviews 3.5/5  by 1 customers
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Apurv , Gandhinagar
Reviewed on 29th May 2019
3.5 / 5 stars
ICICI Bank Credit Card Availed in Nov 2018

It was great. Excellent customer service.
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ICICI Bank Credit Card News - Jul 2020
  • 2020-07-09 : Banks exceed digital transaction target set for 2019-20 news
    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 news
    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.
  • 2020-06-25 : ICICI Bank launches Video KYC
    ICICI Bank launched Video KYC for the savings account, personal loan, credit card. The facility will come handy for customers as it will allow them to complete the verification process digitally. New customers can now complete their KYC process by video interaction with ICICI Bank
  • 2020-06-01 : ICICI Bank launched WhatsApp banking
    ICICI Bank launched banking services on WhatsApp. The move is to assist customers in the time pandemic. Individuals can check their savings account balance, last three transactions, credit card limit, get details of pre-approved instant loan offers and block/unblock credit and debit card with ICICI WhatsApp banking services. In addition to this, the facility will help the customers to get details of the nearest three ICICI Bank ATMs and branches in their vicinity.
  • 2020-03-31 : ICICI Bank brings in WhatsApp banking facility
    To manage the banking activities amidst the ongoing COVID-19 crisis, ICICI Bank has made it easy for its savings and current account holders. The customers can now connect with the bank through its verified WhatsApp number, 9324953001. With this, the customers can check their account balance, last three transactions, and can even block and unblock their credit and debit cards. The bank further has ensured that the service is safe and secure.
*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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