ICICI Bank Ferrari Platinum Credit Card Review

ICICI Bank is one of the pioneers in the Indian banking industry, they are already present in the credit card segment for a long time, they offer different sets of credit card for different customers need, now they came up with ICICI Bank Ferrari Platinum credit card which is an exclusive tie-up between the iconic car brand Ferrari and ICICI bank which give some of the incredible benefits to their customers.

Eligibility Criteria:

Resident Type: Indian

Salaried:

Age: 21 – 60 years

Income: Net monthly income more than Rs.40,000

Self-Employed:

Age: 21 – 65 years

Income: ITR more than 5 lakhs.

Documents Required:

Copy of PAN Card, Address Card, ID Card(Aadhar Card/Voter Card/Passport/Driving License)

Recent passport size photograph, Salary Slip/Form 16/ITR

Fee:

Joining Fee:

Rs. 499+ Applicable Tax

Annual Fee:

Rs. 499 + Applicable Tax(spending more than Rs. 1.25 lakhs will annual fee will be waived off)

Benefits:

Cashback:

Purchasing Ferrari merchandise at the http://f1member.ferrari.com/ will get a discount.

Get a 15% discount on entry tickets at the Ferrari Abu Dhabi part counter.

You will get up to a 20% discount on Ferrari merchandise at the Ferrari Store in Maranello, Italy.

Reward Points:

On spending Rs. 100 you will get 2 PAYBACK points.

1 PAYBACK point = Rs. 0.25

Airport Lounge Access:

1 complimentary domestic airport lounge per quarter.

Movie Booking:

On purchasing a ticket from BookMyShow you will get 2 complimentary movie tickets under buy 1 get 1.

Buy 1, get 1 offer at INOX Cinemas.

Dinning:

Enjoy a 15% discount on dining bills at over 800 restaurants..

Fuel Surcharge:

Save on 1% fuel surcharge.

Charges:

Cash Withdrawal Charge:

3.40% per month on the advanced withdrawal amount.

Contact Details:

Customer Care Number:

022 33667777

Email Id/Portal:

https://www.icicibank.com/complaints/complaints.page

100xGain Ratings:

3 Star

Final Verdict:

Though the card offers various benefits like free airport lounge access, waiver of the fuel surcharge, and other benefits like discounts over the ticket and dining discount but yet it’s not at all up to the mark with its own sibling cad namely ICICI bank Ferrari Signature credit card which offer for a far better benefit at a slightly high price. So, if you are just thinking of it as a secondary card or if you are into the credit card then you can try out with this card for a high-value user I will not suggest this card as it lacks a couple of things that are necessary to have.

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