By Bharti Bisht
Updated On April 25, 2022

The ICICI Bank Platinum Chip credit card is a zero annual fee credit card that allows you to save amazingly on all your spends. With this card, you can earn up to 2 Reward Points on your purchases, and redeem those points against several options including cashback. Moreover, it provides its customers with exciting discount offers on dining across 2500+ restaurants in India through the ICICI Bank Culinary Treats Programme. The cardholders can also save 2.5% on all their fuel transactions at HPCL pumps. To know all about the ICICI Platinum Credit card, its benefits, and fees & charges, keep reading the details given below:

ICICI Bank Platinum Chip Credit Card

Best Suited For

Dining |

Joining Fee

NIL

Reward Type

Reward Points |

Product Details

  • Earn 2 Reward Points on every retail spend of Rs. 100 using your ICICI Bank Platinum Chip Credit Card.
  • Earn 1 Reward Point on every Rs. 100 spent on insurance & utilities.
  • 2.5% fuel surcharge waiver at all HPCL pumps.
  • Exciting discount offers on dining through the Culinary Treats Programme.
  • Spend-based waiver of the annual fee.

Rewards and Benefits

Welcome Benefits

N/A

Movie & Dining

Up to 15% off on dining through the ICICI Bank Culinary Treats Programme.

Rewards Rate

2 Reward Points on every retail spend of Rs. 100

Reward Redemption

The earned Reward Points can be redeemed against cashback or gifts at a rate of 1 Reward Point = Re. 0.25.

Travel

N/A

Golf

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Zero Liability Protection for a lost/stolen card is provided if reported in a timely manner.

Fees & Charges

Joining Fee

NIL

Renewal Fee

NIL

Spend based Waiver

NA

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.4% per month (or 40.8% per annum)

Fuel Surcharge

2.5% fuel surcharge is waived off at all HPCL fuel stations.

Cash Advance Charge

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

Add-on Card Fee

Nil

ICICI Bank Platinum Chip Credit Card Reward Points:

With the ICICI Platinum Chip Credit Card, you get rewarded in the form of Reward Points whenever you make a purchase using it. However, the reward rate can be different on the different types of purchases. Refer to the following points to understand the same:

  • You Get 2 Reward Points on every spend of Rs. 100 on retail purchases.
  • You can earn 1 Reward Point on every Rs. 100 spent on utilities and insurance services.

Rewards Redemption

  • The earned Rewards can be redeemed against cashback by calling on 080-40146444 and against gifts by calling on 1860-258-5000.
  • 1 Reward Point = Rs. 0.25.
  • The ICICI bank charges a Reward redemption fee of Rs. 99 per redemption request.

ICICI Bank Platinum Chip Card Features and Benefits

The ICICI Platinum Credit Card issued by the ICICI Bank is one of the most popular entry-level cards in the market as it comes with a zero annual fee and offers several exciting features and benefits to its customers. Following are some of the most significant advantages of this card:

Dining Benefits

Avail a discount of up to 15% in 2500+ restaurants in India through the ICICI Bank Culinary Treats Programme.

Fuel Surcharge Waiver

You get a 2.5% fuel surcharge waiver at all HPCL petrol pumps for a maximum transaction of Rs. 4,000.

ICICI Platinum Credit Card Annual Fee & Other Charges

The ICICI Platinum Chip Card is a zero annual fee card, but it doesn’t make it free from all other applicable charges. Following are the fees & charges that are applicable on this card:

  • The joining and the annual fee of the ICICI Platinum Chip Credit Card are zero.
  • The interest rate on this credit card is 3.4% per month, i.e, 40.8% per annum.
  • The foreign currency markup fee on the ICICI Bank Platinum Chip Card is 3.5% of the total transaction amount. This fee is charged on making purchases in a different currency using your credit card.
  • The cash advance fee on this Credit Card is 2.5% of the withdrawn amount subject to a minimum of Rs. 300.

ICICI Bank Platinum Chip Credit Card Eligibility & Documentation

The basic eligibility criteria that the applicants need to fulfill in order to get approved for the ICICI Platinum Chip Credit Card are as follows. However, the bank might have some internal criteria as well:

  • The age of the primary cardholder should be above 21 years.
  • The age of the supplementary cardholder should be above 18 years.
  • The applicant should have a stable source of income.
  • The applicant should have a decent credit score.

Documents Required

The documents that are required in order to apply for the ICICI Bank Platinum Chip card are as follows:

  • Identity Proof: Aadhar Card, Voter’s Id, PAN Card, Driving License, etc.
  • Address Proof: Aadhar Card, utility bills, Voter’s Id, Passport, Driving License, etc.
  • Income Proof: Latest salary slips/bank statements, or latest audited ITR.

How To Apply For The ICICI Platinum Chip Credit Card?

You can apply for the Platinum Chip Credit Card online as well as offline as per your zone of comfort. To apply offline, just visit your nearest branch and fill in the physical application form there. Make sure to carry all your necessary documents in this case. If you want o to apply online, you can do the same by following a few simple steps as follows:

  • Visit ICICI Bank’s official website.
  • Under the section ‘cards,’ click on ‘credit Cards.’
  • You’ll see the Platinum Chip Credit Card on the very top of your screen.
  • Click on ‘get the card online.’
  • Fill in the online application form and proceed further accordingly.

ICICI Bank Platinum Chip Card Application Status

If you have already applied for the Platinum Chip Credit Card, you can check the status of your application using any of the below-mentioned methods:
– Visit the ICICI Bank’s online application tracking page, enter the required details, and get your application status in seconds.
– Contact the ICICI Bank credit card customer care and ask them about your credit card application status.
– Visit your nearest ICICI branch and ask the bank officials about the same.

Conclusion

The ICICI Platinum Chip credit card is a great choice for people looking for an affordable credit card with maximum saving opportunities. Along with offering Reward Points on all your spends, it provides exclusive discount offers on dining, which is a big plus of the card. Moreover, it gives you an extra fuel surcharge waiver on HPCL pumps. So, having a card with such a low annual fee and availing of such great benefits is something that many people want. If you are one of them, you should definitely go for the ICICI Bank Platinum Chip Credit Card.

FAQs:

No, you get a 2.5% fuel surcharge waiver only at HPCL pumps for all fuel transactions up to Rs. 4,000.

For the ICICI Bank Platinum Chip credit card, 1 ICICI Reward Point = Rs. 0.25

The ICICI Bank Platinum Chip Credit Card comes with a joining fee of Rs. 199.

You can avail up to a discount of 15% on dining through the ICICI Bank Culinary Treats Programme.

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