By Bharti Bisht
Updated On October 21, 2021

The ICICI Bank Ferrari Signature Credit Card is a co-branded credit card issued by the bank in partnership with Ferrari. It is specially made for individuals who are Ferrari fans in order to provide them with exclusive Ferrari privileges. The cardholders can avail of a 20% discount on Ferrari merchandise and top spenders get exclusive privileges, including a trip to the home of Ferrari in Italy. Moreover, you earn 2 PAYBACK Points on every Rs. 100 you spend using this card and redeem these points against several categories & products of your choice.

Other than all these reward offers, the card comes with exciting travel and entertainment benefits as well. You can avail of up to 2 complimentary movie tickets every month, 2 complimentary domestic lounge access every quarter, and make your experiences even more rewarding. Moreover, additional benefits of this card include a spend-based annual fee waiver, fuel surcharge waiver, etc. To get full details about the features of te ICICI Bank Ferrari Signature Credit card, keep reading:

ICICI Bank Ferrari Signature Credit Card

Best Suited For

Movies | Travel |

Joining Fee

Rs. 3,999

Reward Type

Reward Points |

Product Details

  • Welcome gift of a Scuderia Ferrari Watch.
  • 2 PAYBACK Points on every spend of Rs. 100.
  • Up to 2 complimentary movie tickets every month.
  • A discount of 15% or more on dining across 2,500+ premium restaurants.
  • 2 complimentary domestic lounge access every quarter.
  • Top spenders get exclusive privileges, including a trip to the Ferrari home in Italy.
  • Up to 20% off on Ferrari merchandise.
  • Spend-based waiver of the annual membership fee.
  • 1% fuel surcharge waiver at all HPCL pumps.

Rewards and Benefits

Welcome Benefits

A Scuderia Ferrari Watch.

Movie & Dining

Buy 1 Get 1 Free offer on movies on BookMyShow & a minimum discount of 15% on dining.

Rewards Rate

2 PAYBACK Points on every Rs. 100 you spend.

Reward Redemption

The PAYBACK Points you earn can be redeemed against an array of categories and products available on the Payback website at a rate of 1 PAYBACK Point = Re. 0.25.

Travel

Complimentary domestic lounge access every quarter.

Golf

NA

Domestic Lounge Access

2 complimentary domestic lounge access each calendar quarter.

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

The cardholder will not be liable for any unauthorized transactions made on the card if the card is reported lost/stolen to the bank in a timely manner.

Fees & Charges

Joining Fee

Rs. 3,999

Renewal Fee

Rs. 999

Spend based Waiver

The annual fee is waived off on spending Rs. 2,50,000 or more in the previous year.

Rewards Redemption Fee

Rs. 99 on every redemption request.

Rewards Redemption Fee

Rs. 99 on every redemption request.

Foreign Currency Markup

3.5% on all overseas transactions.

Interest Rates

3.40%

Fuel Surcharge

1% fuel surcharge waiver at all HPCL fuel stations.

Cash Advance Charge

2.5% of the transacted amount subject to a minimum of Rs. 300.

Add-on Card Fee

Nil

Welcome Benefits

You get an exclusive Scuderia Ferrari Watch as a welcome gift on joining the ICICI Bank Ferrari Signature Credit Card.

ICICI Bank Ferrari Signature Credit Card Rewards

  • You get 2 PAYBACK Points on every Rs. 100 you spend.
  • You don’t earn any PAYBACK Points on fuel transactions.

Reward Redemption

Milestone Benefits

The top spenders among the ICICI Bank Ferrari Signature Credit cardholders get the following benefits:

  • Trip to the Ferrari home in Maranello, Italy.
  • A chance to attend the official Ferrari challenge race.
  • An opportunity to attend a Gala event with VIP guests in Maranello, Italy.

Travel Benefits

You get 2 complimentary domestic lounge access every quarter with the Visa lounge access program.

Movie & Dining Benefits

  • You can avail of up to 2 complimentary movie tickets every month under the Buy 1 Get 1 free offer on BookMyShow.
  • The maximum price of the complimentary ticket is capped at Rs. 250 each ticket.
  • Avail of a discount of 15% or more on dining with the ICICI Bank Culinary Treats Programme.

Ferrari Privileges

  • Up to 20% discount on Ferrari merchandise at the Ferrari store in Italy.
  • Up to 15% discount on Ferrari merchandise at online store.

Fuel Surcharge Waiver

The 1% fuel surcharge is waived off at all HPCL fuel stations for all fuel transactions worth up to Rs. 4,000 when you swipe your ICICI Bank Ferrari Signature Credit Card.

Spend-based Renewal Fee Waiver

The renewal fee of Rs. 999 is waived off if you spend Rs. 2,50,000 or more in the previous anniversary year.

Conclusion

If you are a Ferrari lover, this card is the best for you. Along with the exclusive Ferrari privileges, the ICICI Bank Ferrari Signature Credit Card comes with exciting benefits over other categories, including travel, entertainment, and dining, etc, also. The welcome gift of the Scuderia Ferrari Watch is among the most attractive features of the card as every cardholder gets it for sure without any spend criteria. Other than that, the top spenders can get great benefits, inclusing a trip to Italy, which is not at all bad. Keeping all these points in mind, the card can be considered a great choice for everyone who looks for a card with multiple benefits.

FAQs:

With the ICICI Bank Ferrari Signature Credit Card, you can get up to 2 complimentary movie tickets each month.

The joining fee of this card is Rs. 3,999 plus applicable taxes.

No, the ICICI Bank Ferrari Signature Credit Card doesn’t provide any complimentary international lounge access, but it provides 2 complimentary domestic lounge access every quarter.

Yes, every ICICI Bank Ferrari Signature Credit cardholder gets the Scuderia Ferrari Watch as a welcome gift.

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