ICICI Bank Platinum Chip Credit Card
ICICI Bank
A genuinely no-fee starter card with no bells and whistles — good for building credit history.
Free
Joining fee
Free
Annual fee
Not applicable — no fee charged at all (lifetime free).
3.5%
Forex markup
3.9 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Age: 21–65
Min Rs 20,000/month (salaried or self-employed per official page); aggregator describes the card as targeted at those 'new to credit,' with no detailed criteria specified.
Key features
- No joining or annual fee, ever
- 2 pts/₹100 retail
- 1% fuel surcharge waiver at HPCL
- Easy EMI conversion
Reward details
2 points per Rs 100 retail spend (official); aggregator frames this as '2X reward points on all retail spends'
- up to 12X reward points on Travel (aggregator-sourced only)
Category caps
- Utility/insurance: 1 point per Rs 100
Redemption
Health & beauty, travel luggage, shopping vouchers, home appliances, electronics, fashion & lifestyle
- 1% fuel surcharge waiver on transactions Rs 400-4,000 at HPCL pumps; easy EMI conversion
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- A 'good starting point for first-time credit users' given zero joining/annual fees; reward coverage extends to utility bills and insurance, categories typically excluded on other cards — Paisabazaar
Complaints
- 'Lacks any significant lifestyle or milestone benefits' beyond basic rewards; those seeking higher reward rates or lifestyle privileges may find better alternatives elsewhere — Paisabazaar
Sources
- Official — fees, eligibility, forex, rewards
- Aggregator — rewards, sentiment