Route spending through 1 Reward Point per ₹100 on utility and insurance spends (product page 2026-09-17).
Earn 0.3× here — 0.3% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Lifetime-free · No-fee
ICICI BANK · ICICI PLATINUM CHIP CREDIT CARD
ICICI Platinum Chip Credit Card
ANNUAL FEE
Free
FIRST-YEAR NET VALUE
₹9,000 for a mid spender · travel
ICICI BANK
Updated 17 Sep 2026 5 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is ICICI Bank's.
MONTHLY INCOME ₹0.3L+ Salaried or self-employed
CREDIT SCORE Check with bank Good band
AGE 23 – 65 Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹9,000 first-year net value · mid spender · travel
Category rewards ₹9,000
Net first-year value ₹9,000
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.50% back on eligible spends 2 pts 2 points per ₹100
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 0.5% back
1 Reward Point per ₹100 on utility and insurance spends (product page 2026-09-17) · 0.3%
Everything else (base) · 0.5%
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time ICICI Bank tweaks the program.
Redeem through the best path, not the default.
Point value varies across redemption options. Best path: ₹0.25/point. Same earnings, more value.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
For a spender who hits the ₹4L waiver, yes — the net value is positive. For a casual spender, the math gets tight and a lower-tier card may fit better. See the Fit section above.
08 WHAT CHANGED
How ICICI Platinum Chip Credit Card has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 Reward effective rates corrected to 0.5% retail / 0.25% utility and insurance (2 and 1 points per ₹100 at ₹0.25 per point; the earlier file valued points at ₹1). Lifetime free and 3.5% forex re-verified; product URL updated to the -credit-card path. Card was scoring four times its real earn rate in reward-led rankings
- 2024 Enhanced chip security features Improved fraud protection and transaction security
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: ICICI Bank Platinum Chip Credit Card product page, ICICI Bank Platinum Chip Credit Card fees and charges page, ICICI Bank Credit Card KFS PDF, ICICI Bank Platinum Chip Credit Card eligibility page, icicibank.com. Next scheduled review: 17 Mar 2027.