ICICI Bank Ferrari Signature Credit Card Review

ICICI Bank Ferrari signature credit card is an iconic credit card that has been tied up with the iconic Italian car manufacturer, Ferrari. In India, this is kind of the first credit card that offers a Win-Win deal for both the Co. and cardholders.

This icici ferrari credit card brings a ton of useful facilities for its users including a huge discount on Ferrari merchandise, free access to airport lounges, attractive deals on movies, and dining, and lots more. More about the icici ferrari credit card benefits are discussed below.

Who can apply for the icici bank ferrari credit card?

• Resident Type: Indian. 
• ICICI credit card eligibility criteria for salaried person:
  • ICICI credit card age limit: 18 to 60 yrs. 
  • Income: Rs. 20,000 monthly. 
• ICICI credit card eligibility for self-employed person:
  • ICICI credit card age limit: 18 to 65 yrs. 
  • Income: Income tax return should be Rs. 3 lakh. 
• A CIBIL score of 680+ is needed to apply for this ferrari icici credit card.

What documents are required to apply for an ICICI ferrari credit card?

• 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 (Income Tax Return).
  • Self-employed person
    • Income tax return of the last year 
    • Proof of business
    • Recently audited financial report. 

As per the rbi new rules for credit card issuers, all icici new credit cards are now delivered in an inactive state, so if you want to know how to activate icici bank credit card for the first time? then feel free to visit our faq page.

What are the icici ferrari credit card fees?

• ICICI ferrari credit card joining fee: Rs.3,999 + GST
• ICICI ferrari credit card annual fee: Rs.999 + GST

What are the icici ferrari credit card benefits?

• Attractive deals for ferrari lovers:

This icici ferrari credit card offers an array of attractive deals on Ferrari merchandise.

At Ferrari Store in Maranello, Italy	20% discount on Ferrari Merchandise
Ferrari online store	15% discount on Ferrari Merchandise

• Make your every transaction rewarding:

This ICICI card offers 2 icici credit card payback points for every Rs.100 retail transaction (excluding fuel).  Click here to know more about the redemption options.

• Add more comfort to your travel:

This icici ferrari credit card offers 2 free quarterly accesses to the leading airport lounges in India.   

• Attractive icici ferrari credit card bookmyshow offers:

If you use this icici bank signature credit card to book a movie ticket from BookMyShow you will get another one completely free (Max ticket value Rs.250). You can get this offer two times in an icici credit card statement cycle.

• Dine with more delight:

With this ferrari credit card icici bank offers 15% savings on dining bills at over 2200+ restaurants across India. 

• Enjoy freedom from fuel surcharges:

This icici bank signature credit card offers a 1% waiver on fuel surcharge on credit cards across all HPCL fuel stations in India. The maximum eligible transaction amount is Rs.4,000. 

• Opportunity to make your card lifetime free:

On spending Rs.2,50,000 with your ferrari credit card within a year, you can get a complete waiver on your next year’s credit card annual fee.

• Instant icici credit card bill payment options:

There are several icici credit card online payment options available, you can pay your credit card bill online from your icici credit card app or by using any credit card bill payment app like Cred, Paytm, Phone Pe, Google Pay, etc.

• Advanced security arrangements:

This icici signature credit card comes with a built-in EMV chip, these chips use a very strong encryption method to store your data making your ferrari card nearly impossible to clone.

What are the icici ferrari credit card charges?

Particulars	Payable amount
ICICI ferrari credit card cash withdrawal charge	2.5% against the withdrawn amount, min Rs. 300 (check your icici bank credit card limit before making a withdrawal)
ICICI bank ferrari credit card finance charge	The icici credit card interest rate can go up to 3.50% monthly (applicable if your icici bank credit card bill is not made in time)
ICICI credit card foreign currency transaction charges	3.50% against the transaction amount.

How to contact the icici credit card helpline department?

• Call the icici credit card customer care number toll free number: 1860-120-7777 / 022-3366-7777 or +91-40-7140-3333
• Write to the icici credit card complaint mail id: headservicequality@icicibank.com 

100xGain Ratings:

5/10

Pros and cons of the ferrari signature credit card by icici bank:

Pros	Cons
This icici ferrari credit card offers a huge discount on Ferrari products. You can earn some attractive savings on dining and movies.	The reward earning rate could be a bit better.

Final Opinion:

This icici bank ferrari credit card is one of the must-go credit cards for sports lovers. If you are a Ferrari fan undoubtedly this is one of the biggest surprises for you as you can win a meal with Ferrari drivers in Ferrari’s hometown, Italy.  Though I think there are some basic icici ferrari credit card offers that are missing which have to be there like online shopping and special charges at foreign transaction fees.

Also if you want to explore some more options then you should take a look at the alternative card options given below.

Alternative cards of the icici ferrari credit card: 

1. AU Small Altura. (Best for cashback and lounge access benefits)
2. HSBC Cash-Back Credit Card. (Best for cashback and dining) 
3. Yes First Exclusive Credit Card. (Best for lounge access and movie benefits)