ICICI Platinum Chip Credit Card

Name: ICICI Bank ICICI Platinum Chip Credit Card
Brand: ICICI Bank
Rating: 2.72 (1 reviews)

Ranked #113 of 170 in credit

creditVisaEntry

ICICI's genuinely lifetime-free entry-level credit card, ideal for first-time credit card users, offering modest rewards across most categories (including utility/insurance) plus dining discounts and a fuel surcharge waiver — a solid low-risk starter card.

Score breakdown

Data completeness: 95% · Last verified: 09 Jul 2026

Reward value12/100 · weight 71%

≈ 0.61% effective on the standard basket (eligible spend only)

Wide-coverage rewards: +0.6% score bonus — earns broadly without narrow category restrictions.

Fee efficiency100/100 · weight 12%

Redemption flexibility75/100 · weight 9%

Perks1/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee: —
Annual fee: Lifetime free
Forex markup: 3.5%

Lounge access

Domestic (per year): 0
International (per year): 0

Reward structure

Category	Type	Rate	Cap	Notes
online_travel_booking	points	2.25%(9 pts @ ₹0.25)	—	6X-12X points on iShop flight/hotel/bus bookings
all_spends	points	0.50%(2 pts @ ₹0.25)	—	2 pts/Rs100 retail (excl. fuel) = 0.5% effective
utilities	points	0.25%(1 pts @ ₹0.25)	₹40,000 / monthly	1 pt/Rs100, capped at Rs40,000 monthly spend
insurance	points	0.25%(1 pts @ ₹0.25)	₹40,000 / monthly	1 pt/Rs100, capped at Rs40,000 monthly spend
fuel	points	0.13%(0.5 pts @ ₹0.25)	—	—
groceries	points	0.13%(0.5 pts @ ₹0.25)	—	—
online_spends	points	0.13%(0.5 pts @ ₹0.25)	—	—
dining	points	0.13%(0.5 pts @ ₹0.25)	—	—
travel	points	0.13%(0.5 pts @ ₹0.25)	—	—

Welcome offer

None specific; ongoing PAYBACK point accrual from first transaction

Milestone benefits

Pros

Genuinely lifetime free
earns points even on utility/insurance spends (categories often excluded elsewhere)
accelerated 6X-12X points on iShop travel bookings
good beginner/credit-building card
dining discount at 2,500+ restaurants

Cons

No lounge access
low base reward rate (2 pts/Rs100 = 0.5%)
monthly reward caps on utility (Rs40,000), insurance (Rs40,000), and grocery (Rs20,000) categories
reward redemption carries a per-transaction fee (~Rs99)

What's inside

More benefits

Culinary Treats dining discount
Minimum 15% discount on dining at 2,500+ partner restaurants
unlimited. Dine-in at partner restaurants

Insurance cover

text: ₹NaN

Eligibility

text: Age 21-65 (23+ per some sources); income Rs2.4L (ICICI salary a/c) or Rs3.6L (no ICICI a/c) for salaried; Rs3.6L/4.8L for self-employed

Small print

Fuel surcharge:1% waiver at HPCL pumps, up to Rs4,000/transaction