ICICI Bank Platinum Chip Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Get 2 Reward Points for each Rs. 100 spent on retail purchases. Receive 1 Reward Point for every Rs. 100 spent on insurance & utilities. Enjoy a 1% waiver on fuel surcharge exclusively at HPCL pumps. Take advantage of enticing discount offers on dining with the Culinary Treats Programme. Qualify for a waiver of the annual fee based on your spending.

The ICICI Bank Platinum Chip Credit Card is a great option for those who enjoy dining out.

With no joining fee or renewal fee, this card offers convenience without any additional costs.

The reward type for this card is Reward Points, allowing you to earn points as you spend.

One of the main benefits of this card is the attractive offer for dining.

Through the ICICI Bank Culinary Treats Programme, cardholders can enjoy up to 15% off on dining at select establishments.

This is a great way to save money while indulging in delicious meals.

For every retail spend of Rs. 100, you can earn 2 Reward Points, making it easier to accumulate points and redeem them for exciting rewards.

However, it is important to note that there is a rewards redemption fee of Rs. 99 for every redemption request placed.

When it comes to foreign currency transactions, there is a markup of 3.5% of the amount transacted.

This is something to consider if you frequently travel abroad or make purchases in foreign currencies.

The interest rate for this card is 3.4% per month, which is a standard rate for credit cards.

If you need cash, you can make use of the cash advance feature, which will incur a fee of either Rs. 300 or 2.5% of the withdrawn amount, whichever is higher.

In terms of fuel surcharges, this card offers a 1% waiver on transactions carried out at HPCL fuel stations.

This can be a valuable perk for those who rely on their vehicle for daily commuting.

While this card does not offer specific benefits for travel, domestic lounges, international lounges, golf or insurance, it still presents a decent option for individuals looking for a credit card primarily for dining and shopping purposes.

To summarize, the ICICI Bank Platinum Chip Credit Card with its dining discounts, Reward Points program, and attractive fuel surcharge waiver can be a good fit for individuals seeking a credit card that caters to their dining and shopping needs.