ICICI Bank Platinum Chip Credit Card Review

ICICI Bank Platinum Chip Credit Card offers friction-free experience and flexibility at the point of sale, it does not only bring the ease of shopping but also it ensures the safety of transaction by providing the cheap card that generates a unique transaction code after every time of transaction which makes it next level secure. Not only it provides ease of shopping and security but it also comes with a plethora of offers on lifestyle and shopping.

ICICI Bank Platinum Chip Credit Card Review

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 yrs. 
    • Income: ₹20,000 monthly. 
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: income tax return should be greater than ₹3 lakh. 
  • Good CIBIL Score(750 or more).
  • Good relation with the Bank. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      •  Salary Slip of the last 3 months 
      • ITR
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business
      • Recent audited financial report. 

Fee:

  • Joining Fee: None. 
  • Annual Fee: None. 

Benefits:

  • Cash-back benefit :

Visa powered ICICI Bank Platinum Chip Credit Cardholders are eligible for exclusive offers in luxury hotels, lifestyle stores, and spas.

  • Reward benefit:

With your, ICICI Bank Credit Card entitles you will earn PAYBACK Points on your transactions. 

PAYBACK Points can be redeemed for movies, travel, lifestyle products, mobiles, appliances, and more.

On every ₹100 spending on retail purchases with this card, you will earn 2 PAYBACK points, except fuel. 

On every ₹100 spendings on utilities and insurance categories with this card, you will earn 1 PAYBACK point.

  • Dining benefit:

With this card, cardholders can save a minimum of 15% on dining at all partner restaurants.

  • Fuel surcharge waiver:

With this card, you will get a 1% fuel charge waiver on all HPCL pumps maximum transaction up to ₹4,000.

  • Lost card assistance:

All visa powered ICICI Bank Platinum Chip Credit Card enjoy global emergency assistance for reporting a lost card replacement.

Charges:

  • Cash Withdrawal Charge: 2.505 against the withdrawn amount. 
  • Finance Charge: 3.40% monthly. 
  • Foreign currency transaction: 3.505 against the transacted amount. 

Contact Details:

Call: 1860 120 7777

Mail: You can mail the service authority just by visiting their website here: https://www.icicibank.com/complaints/complaints.page 

Dispute Resolution Process:

100xGain Ratings: 5/10

Final Opinion:

The card offers good security and benefit to its customers yet missing some basic offers. So, I would recommend it only for first-time customers, since it is hustle-free and easy to use a credit card. Beginners can improve their credit score by using it and later upgrade to a better credit card

But if you want a beginner’s credit card that comes with more benefits you can go for Axis Insta Easy Credit Card, or if you don’t want a secured credit card then you can go for the ICICI Amazon Pay Credit Card, both credit cards offer several exclusive benefits on daily uses.  

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