ICICI Bank Platinum Chip Credit Card
Maximum benefits, minimum cost
Annual Fee
FREE
Base Rewards
0.5%
Forex Fee
3.5%
Expert Verdict
The ICICI Bank Platinum Chip Credit Card is a quintessential 'starter' card. Its primary value lies in being Lifetime Free and having accessible eligibility, making it a safe choice for credit building. However, the rewards are meager and it lacks any lifestyle perks like lounge access.
Quick Match
Is this card right for you?
This card could work well for you
Your Estimated Value
Year 1
+₹3,000
Year 2+
+₹3,000
Why get this card
Lifetime Free card with no joining or annual fees
Easy eligibility criteria making it ideal for first-time credit users
Minimum 15% savings on dining via the ICICI Bank Culinary Treats Program
1% fuel surcharge waiver at HPCL pumps for transactions up to ₹4,000
Watch out for
Very low reward rate of 0.5% on general retail spends
No complimentary domestic or international airport lounge access
No milestone benefits or welcome bonuses offered
+1 more considerations
- Reward points redemption fee of ₹99 plus GST applies
Who is this card for?
Best for
beginner
Individuals looking to build their credit score with a zero-cost entry-level card.
Min: ₹5,000/mo
low spender
Users who want a secondary card for basic utility payments and dining discounts without worrying about annual fees.
Min: ₹2,000/mo
Skip if you're
frequent traveler
Lacks lounge access, travel insurance, and high reward rates on travel bookings.
high spender
Does not offer milestone rewards or premium lifestyle privileges.
Base Earning
2 ICICI Bank Reward Points
per ₹100 spent
0.5%
effective rate
Point value: ₹0.25/point
Bonus Categories
iShop - TRAVEL
6×
3% return
UTILITIES
0.5×
0.25% return
400 pts/month
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
Upgrade Path
Move up or down within this bank