ICICI Bank
ICICI Bank Parakram Select Credit Card
Best for defence personnel, select tier
₹2,000/yr annual fee
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
Annual fee
₹2,000/yr
Reward rate
Not published
Min. income
₹5,00,000
Forex markup
Not published
Lounge access
None
Eligibility
₹5 lakh/yr · CIBIL 720+
Reward cap
₹3,000/month
Welcome benefit
None beyond the reward rate
Who is this for
- Defence personnel
- Armed forces
What we like
- 2% on everything
- Fee waiver for defence
Watch out for
- Rs 2,000 annual fee
Issuer
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹2,000 | Waived for defence personnel on Rs 5 lakh annual spend |
| Annual fee | ₹2,000 | Waived for defence personnel on Rs 5 lakh annual spend |
| Late payment | ₹750 | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 2.00 | ₹3,000/month | 1.00 |
| SHOPPING | 3.00 | ₹500/month | 1.00 |
Benefits
-
Defence benefits Highlight
2% cashback on all purchases for defence personnel
-
Shopping benefits
3% cashback on shopping at partner stores
-
Fuel surcharge waiver
1% waiver on fuel transactions Rs 500-3,000
Eligibility
- Age
- 21–60 years
- Min. income
- ₹5,00,000
- Min. credit score
- 720+
- Score note
- Good credit history
- Employment
- defence
- Documents
- PAN, Aadhaar, salary slips / ITR, defence ID
ICICI Bank Parakram Select Credit Card is a VISA credit card from ICICI Bank. It is best suited for defence personnel, select tier.
Fees and rewards
- Annual fee: Rs 2,000 (waived for defence on Rs 5 lakh spend)
- Joining fee: Rs 2,000 (waived for defence on Rs 5 lakh spend)
- Rewards: 2% cashback on all purchases; 3% on shopping
Eligibility
PAN, Aadhaar, salary slips / ITR, defence ID
Card data compiled from issuer published fee schedules. Status: active.
Apply for ICICI Bank Parakram Select Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the ICICI Bank Parakram Select Credit Card worth it?
What is the annual fee for the ICICI Bank Parakram Select Credit Card?
How does the ICICI Bank Parakram Select Credit Card reward rate work?
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Does the ICICI Bank Parakram Select Credit Card offer airport lounge access?
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