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.

The top spenders of this Ferrari Signature Credit Card will get the opportunity to visit the Ferrari hometown, Ferrari museum in Italy, not only that they will also get an opportunity to have a meal with Ferrari drivers and get exclusive Merchandise from the Ferrari especially signature by those divers.

ICICI Bank Ferrari Signature Credit Card

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 18 to 60 yrs. 
    • Income: ₹20,000 monthly. 
  • For self-employed person:
    • Age: 18 to 65 yrs. 
    • Income: Income tax return should be ₹3 lakh. 
  • Good CIBIL Score (750 or more).

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
      • Recently audited financial report. 

Fee:

  • Joining Fee: ₹3,999 + GST
  • Annual Fee: ₹999 + GST

Benefits:

  • Cash-Back benefit:

Cardholders will get up to 15% discounts on Ferrari merchandise at the Online Ferrari Store at http://f1member.ferrari.com/ 

For buying a ticket from Ferrari World Abu Dhabi at the park counter you will get a 15% discount.

Also, this card offers a 20% discount on Ferrari Merchandise purchased from Ferrari Store at Maranello, Italy.

  • Reward point:

You will get PAYBACK Points on your transactions on the ICICI Bank Ferrari Signature Credit Card.

Use PAYBACK Points in movies and travel also get vouchers from appliances, lifestyle products, mobiles shopping, which makes the shopping truly rewarding. 

For spending ₹100 you will earn 2 PAYBACK Points on all retail purchases except fuel.

  • Lounge Access:

This card offers complimentary Access to domestic airport lounges in India. You will get 2 complimentary access per quarter.  

  • Movie benefit:

When you book your movie tickets from BookMyShow or INOX cinemas, you will get 1 movie ticket completely free with the purchase of another. you can win 2 movie tickets per month. 

  • Dining benefit:

This card offers a 15% savings on dining bills at over 2500+ restaurants across India. 

  • Fuel surcharge waiver:

With this card you will get a 1% waiver on fuel surcharges, this offer is applicable at any HPCL fuel stations in India. The maximum transaction amount should be ₹4,000. 

  • EMV Chip Card:

This card comes with a built-in EMV Chip, it adds an extra layer of protection to your card, it is also protected with a PIN that makes this card even more secure. 

Charges:

  • Cash Withdrawal Charge: 2.5% against the withdrawn amount, min ₹300
  • Finance Charge: 3.40% monthly. 
  • Foreign currency transaction: 3.50% against the transaction 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:

This card is one of the must-go credit cards in India 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 at Ferrari hometown, Italy.  Though I think there are some basic offers that are missing which have to be there like online shopping and special charges at foreign transaction fees.

Also if you are a football lover then you can also go for ICICI Bank Manchester United Platinum Credit Card.  

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