ICICI Bank
ICICI Platinum Chip Credit Card
Lifetime-free starter card
Lifetime free · 4x rewards
By FinWiz24 Research Desk · Reviewed by FinWiz24 Research Desk · How we review
Annual fee
Lifetime free
Reward rate
4x
Min. income
₹2,40,000
Forex markup
3.5%
Lounge access
None
Eligibility
₹2.40 lakh/yr
Reward cap
No published cap
Welcome benefit
None beyond the reward rate
ICICI Platinum Chip is lifetime-free: 2 reward points per Rs 100 on retail spends, 1% fuel surcharge waiver at HPCL pumps and a 3.5% forex markup.
Who is this for
- Fee-averse spender
- Daily driver
- Rewards optimiser
What we like
- No fees for life
- Fuel surcharge waiver
Watch out for
- 3.5% foreign-transaction markup
Issuer
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹0 | Not waivable |
| Annual fee | ₹0 | Not waivable |
| Forex markup | 3.5% | Not waivable |
| Late payment | Not published | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 2 Reward Points per Rs 100 on retail spends; 1 Reward Point per Rs 100 on utility and insurance spends; exclusions apply | — | — |
Benefits
-
No fees for life Highlight
Nil joining fee and nil annual fee, per the issuer's fee table
-
Fuel surcharge waiver Highlight
1% waiver on fuel transactions of Rs 400-4,000 at HPCL outlets, applied automatically
-
Chip and PIN security
Embedded EMV chip with PIN-based POS authentication against counterfeiting
-
EMI conversion
Purchases convertible into EMIs (shop now, pay later) on the card
Eligibility
- Age
- 21–65 years
- Min. income
- ₹2,40,000
- Documents
- Indian citizens aged 21-65; salaried or self-employed with at least Rs 20,000/month income; ID, address and income proof via DigiLocker.
Read the full application walkthrough: ICICI Platinum Chip Credit Card apply guide.
Fees and charges
- Joining fee: Rs 0 — Nil joining fee
- Annual fee: Rs 0 — Nil annual fee
- Forex markup: 3.5%
- Late payment fee: Rs 100 to Rs 1,300 depending on outstanding slabs
Rewards
- ALL: 2 Reward Points per Rs 100 on retail spends; 1 Reward Point per Rs 100 on utility and insurance spends; exclusions apply
Benefits
- No fees for life: Nil joining fee and nil annual fee, per the issuer’s fee table
- Fuel surcharge waiver: 1% waiver on fuel transactions of Rs 400-4,000 at HPCL outlets, applied automatically
- Chip and PIN security: Embedded EMV chip with PIN-based POS authentication against counterfeiting
- EMI conversion: Purchases convertible into EMIs (shop now, pay later) on the card
Eligibility
- Minimum income: Rs 2,40,000 per annum
- Age: 21-65 years Indian citizens aged 21-65; salaried or self-employed with at least Rs 20,000/month income; ID, address and income proof via DigiLocker.
Terms last reviewed 3 Sept 2026 against issuer-published schedules.
Issuer: ICICI Bank. FinWiz24 may earn a commission from application links; scoring is unaffected — see our affiliate disclosure.
Step-by-step application guide: Read the ICICI Platinum Chip Credit Card apply walkthrough →
Apply for ICICI Platinum Chip 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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