No annual fee program or lifetime free scheme is something that makes credit cards a really attractive deal since the annual fee can be considered annoying. ICICI bank does have a few credit cards which they provide under lifetime free schemes. However not all credit cards fall under the “lifetime free” as such.
In almost every card, the annual fee can be waived under the spend base waiver program, as per the bank’s guidelines. Currently, to fall under the lifetime free credit cards category, ICICI Bank has three cards. These three cards are as follows:
ICICI Bank HPCL Coral Credit Card
ICICI Bank HPCL Coral Credit Card is the simplest to apply for and especially for new users. Being a starter credit card, this card provides many such benefits which other beginners/basic cards do not have.
Feature and benefits –
-Rs. 100 off on movie tickets booked through BookMyShow (max cap two times a month).
-Up to 15% savings on dining with partnered restaurants.
-Inbuilt microchip for additional security.
-Interest-free grace period from 18 to 48 days.
-2 return points for every Rs. 100 spent on retail excluding Fuel.
-Rewards up to Rs. 100 on fuel purchases for minimum transactions at HPCL gas station.
-1% fuel surcharge waiver
-This card falls under spend based waiver scheme.
ICICI Chip Platinum Credit Card
ICICI Chip Platinum Credit Card is a basic card specifically aimed toward new users. This card has features that give its cardholders security and flexibility. This card has many features including MasterCard and VISA both being present as payment gateway methods.
Features and Benefits –
-Global emergency support.
-Can be used at any ATM across the world.
-Minimum 15% discount with 2500 partnered restaurants.
-2 payback points for every Rs. 100 you spent on retail purchases excluding fuel.
-1% fuel surcharge waiver.
-This card falls under spend based waiver scheme.
This type of credit card has no or low annual fee and is reversible as well. These types of cards are pretty secure and safe to use. Just like any other credit card, these cards also have payback rewards, fuel surcharge waivers, dinning offers, and other add-on privileges. These types of credit cards are pretty decent deals for those who wish to avoid the annual fee.
