An Exclusive Guide On The Different ICICI Credit Cards

An Exclusive Guide On The Different ICICI Credit Cards
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ICICI Bank has been around for a long time to cement its place in the Indian banking realm. With a strong branch penetration and years of experience in the industry, ICICI has certainly become a name you can bank upon.

ICICI offers a wide array of products and services to its clientele, and one of them is the credit card service. The bank has been successful in garnering the trust of millions of satisfied customers over the years with its impeccable service quality and delightful privileges.

However, when the market is chock-full of a variety of credit card schemes, it’s easy to lose your way and make an uninformed decision. Most banks, including ICICI, offer more than one type of credit card in order to cater to the needs and constraints of customers from diverse backgrounds.

The eligibility criteria for these cards vary across different varieties, but other than that the criteria are more or less similar.

PAYBACK Rewards and Culinary Treats

ICICI has partnered with PayBack India, which offers savings and rewards on credit card use. Being an ICICI Bank Credit Cardholder enables you to accumulate a stipulated amount of PAYBACK points on different transactions at different places (domestic and international spending carry varying points). Each PAYBACK point, worth Rs.0.25, can be redeemed in the form of products or e-vouchers for services provided by PayBack’s partners.

Similarly, being an ICICI credit card holder is a blessing for those who love to dine out. As a part of its Culinary Treats program, paying via an ICICI credit card lets you avail of some sumptuous discount offers from over 2,500 dining partners including names like TGI Fridays, Mainland China, Cafe Coffee Day, and many more.

Here’s a brief run-down of some of the best ICICI credit cards in India.

Coral Credit Card:

The ICICI Coral Credit Card is one of the three from their gemstone series. This card is available in Visa, Mastercard, or American Express variants. It also boasts of the contactless payments feature.

Privileges and Benefits:

  • One complimentary visit to a domestic railway lounge per quarter. This is one of Coral’s USPs as this privilege is seldom offered on other cards.
  • One complimentary access to some selected airport lounges per quarter, contingent on Rs. 5000 spend in the previous quarter of the calendar year.
  • An opportunity to avail of movie tickets at a 25% discount from BookMyShow or Inox twice a month.

Joining and Annual Fees

A Coral Credit Card membership amounts to Rs.500 + GST as joining charges, and an annual fee of the same amount beginning from the second year, but waived if total credit card spends amount to more than Rs. 1,50,000 in the previous year.

Platinum Chip Credit Card

The Platinum Chip Credit Card comes at no joining or annual fee, which makes it quite popular amongst entry-level credit card seekers.

Privileges and Benefits:

  • Except for fuel payments, you can earn up to 2 PayBack points on retail purchases of Rs.100, and 1 PayBack point on Rs.100 spent on utilities.
  • Offers a 1% fuel surcharge waiver on transactions of Rs.4000 or below on HPCL gas stations.

Amazon Pay Credit Card

This card is considered one of the best premium credit card in India. ICICI Bank, in partnership with Amazon, brings forth a bonanza shaped in a small black rectangle. Rolled out as an invite-only membership, the Amazon Pay Credit Card is now available for every eligible candidate. The benefits are maximum, the fee, nil.

Privileges and Benefits:

  • 15% of dining bill discounts as per the Culinary Treats program and 1% fuel surcharge waiver.
  • 5% back on Amazon purchases by Prime customers.
  • 3% back to non-Prime customers on Amazon.in purchases.
  • 2% back on Amazon Pay partner merchants.

(All earnings in the form of Amazon Pay balance.)

Emeralde Credit Card

Rightly named, this credit card is nothing short of a rarity in the credit card universe. Suited for all your lifestyle needs, the Emeralde Credit Card Membership ups the ante on benefits and privileges, catering to the tastes of the cosmopolitan globetrotter.

Privileges and Benefits:

  • For the traveler in you, this credit card offers a low APR of 1.99% on all withdrawals coupled with a convenient waiver for late payment, withdrawals, and over limits.
  • Twice a year full refund of upto Rs.12000 on flight and hotel bookings.
  • Under the Dreamfolks DragonPass Lounge Access Programme, an Emeralde Cardholder is entitled to several travel conveniences like unlimited complimentary international and domestic lounge access, unlimited domestic airport spa access and free of charge connectivity to lightning-fast airport Wi-Fi services.
  • Treat yourself and your family with a Rs.7500 birthday voucher redeemable on the full menu of any Trident Hotel.
  • Heavy discounts on movie and non-movie tickets from BookMyShow, four times a month.
  • Exclusive access to the most phenomenal golfing greens in the country, with unlimited privileges and complimentary golfing rounds/lessons on spending worth Rs.50000 or more in the previous calendar month, capped at a maximum of 4 rounds a month.
  • Concierge services under the i-Assist program to take care of your day-to-day needs like hotel reservations, flowers and gifts, car rental, ticket booking, and much more.

Eligibility Criteria:

The luxuries offered by this card is available but on stringent criteria. Clients earning Rs. 3,00,000 a month, or filing an Income Tax Return of Rs.30,00,000 a year are eligible to apply for the Emralde Card. Other than that, all ICICI Global Private Clients are eligible to apply.

Diamant Credit Card

The Diamant Credit Card is just another name for luxury like no other. This card resides at the top of the creme-de-la-creme of credit cards. The very exclusive club of Diamant Cardmembers is accessible only via invites.

Privileges and Benefits:

  • Welcome gift in the form of a MacBook Air.
  • ICICI Bank Experience program puts forth the most coveted luxury experiences for Diamant Card holders. From unlimited golf court access to private yachts and islands for vacations, the sky is the limit with this card.
  • Personalized concierge service for all needs.
  • Club ITC Culinare and Taj Epicure Plus and Innercircle access.

Joining and Annual Fee:

A Diamant Card membership demands a joining fee of Rs. 1,25,000 + GST and an annual fee of Rs. 10,000 + GST from the second year of membership.

The cards presented here belong to different categories and are suitable for different purposes. The list is exhaustive, and you’ll be sure of finding the right one for yourself.

Thank you for reading!