ICICI Bank Business Advantage Blue Card

The ICICI Bank Business Advantage Blue Card incorporates cutting-edge contactless technology to provide enhanced convenience. This exclusive card is strategically crafted to optimize business savings intelligently. By catering to a range of recurring business expenditures such as air travels, car rentals, and payments for professional services like accounting, advertising, and marketing, the card offers lucrative cashback benefits. Not only do you earn cashback on your routine business expenses, but you also enjoy additional cashback rewards on payments made with your Business Card.

Key Highlights of ICICI Bank Business Advantage Blue Card

  1. Earn up to a 1% cashback on both domestic and international expenditures.
  2. Receive a 0.20% cashback when making payments towards your credit card bill.
  3. Enjoy a generous 15% discount on dining expenses.
  4. Access 24/7 concierge services for your convenience.
  5. Benefit from a 1% fuel surcharge waiver at HPCL fuel stations.
  6. Experience complimentary lounge access as part of the perks.

Features and Benefits of ICICI Bank Business Advantage Blue Card

The ICICI Bank Business Advantage Blue Card offers several features and benefits:

1. Dining Benefits:

  • Under the ICICI Bank Culinary Treats Program, the ICICI Business Advantage Blue Credit Card offers cardholders a minimum discount of 15% at 2500+ partnered restaurants when settling bills.

2. Fuel Transactions:

  • Cardholders enjoy a 1% fuel surcharge waiver on monthly transactions exceeding Rs. 5,000 at HPCL fuel stations, exclusively with ICICI Bank swiping machines.
  • The maximum monthly fuel surcharge waiver is capped at Rs. 500.

3. Travel Benefits:

  • The ICICI Business Advantage Blue Credit Card provides a luxurious travel experience with complimentary access to selected airport lounges in India.
  • Cardholders receive 8 complimentary visits per year, limited to 2 per quarter.

4. Concierge Services:

  • 24×7 concierge services, named i-Assist, cater to various needs, including restaurant referrals, flight bookings, movie ticket bookings and delivery, flower and gift assistance, car rental and limousine services, medical concierge privileges, hotel referrals and reservations, and emergency auto assistance across India.

5. Spend Based Renewal Fee Waiver:

  • The joining fee of Rs. 500 is waived if the cardholder spends Rs. 50,000 or more within 60 days of ICICI Business Advantage Blue Credit Card issuance.
  • The annual renewal fee of Rs. 500 is waived if the cardholder spends Rs. 5 Lakhs or more in an anniversary year.

6. Zero Credit Card Lost Liability:

  • In case of loss or theft of the ICICI Business Advantage Blue Credit Card, the cardholder is not liable for fraudulent transactions if immediate notification is given.

ICICI Bank Business Advantage Blue Card Fees and Charges

Explore the fee structure for the ICICI Bank Business Advantage Blue Card and discover the financial advantages that come with it.

1. Joining Fee:

  • Cost: ₹500 + GST

2. Annual Fee:

  • Cost: ₹500 + GST

3. ICICI Bank Business Advantage Blue Credit Card:

  • Foreign Currency Markup Fee: 3.5%
  • Interest Rate: 3.40% per month, equivalent to 40.80% annually

4. Cash Advance Charges:

  • 2.5% of the transaction amount or ₹300 (whichever is higher)

Eligibility Criteria for ICICI Bank Business Advantage Blue Card

Here are essential criteria for applying for an ICICI Bank Business Advantage Blue Card:

  1. Eligibility Criteria: Only individuals residing in India are eligible to apply for this card.
  2. Age Requirements for Self-Employed: Self-employed individuals must fall within the age range of 21 to 65 years to qualify.
  3. Add-On Cardholder Age Limit: Individuals applying for an add-on card must be a minimum of 18 years old.
  4. Stable Income Source: Applicants for this credit card must demonstrate a stable source of income.
  5. Good Credit Score Requirement: To be eligible, the cardholder must maintain a positive credit score.

Documents Required for ICICI Bank Business Advantage Blue Card

To apply for the ICICI Bank Business Advantage Blue Card, you will typically need to provide the following documents:

1. Identity Proof Options:

  • Aadhar Card
  • Passport
  • Voter’s ID
  • PAN Card
  • Driving License

2. Address Proof Options:

  • Utility bills (within the last three months)
  • Aadhar Card
  • Passport
  • Office address proof may be necessary in certain instances.

3. Additional Business Documents Required:

  • Audited Income Tax Return (ITR)
  • Business Registration Certificate
  • Any other pertinent business-related documents.

How To Apply for ICICI Bank Business Advantage Blue Card?

Follow these steps to apply for the ICICI Bank Business Advantage Blue Card:

  1. Access the ICICI Bank’s official website.
  2. Navigate to the ‘Credit Cards’ section.
  3. Select ‘Commercial Credit Cards’ and proceed to ‘Business Cards.’
  4. Opt for the ‘ICICI Bank Business Advantage Blue Credit Card.’
  5. Click on the ‘Apply Now’ button.
  6. Complete all necessary information in the provided fields.
  7. Submit the required documents for processing.

Frequently Asked Questions (FAQs) –

  1. What is the ICICI Bank Business Advantage Blue Card?
    The ICICI Bank Business Advantage Blue Card is a credit card tailored for businesses, offering various benefits and features to enhance financial management.
  2. How can I apply for the ICICI Business Advantage Blue Card?
    Visit the official ICICI Bank website, navigate to the ‘Credit Cards’ section, select ‘Commercial Credit Cards,’ then ‘Business Cards.’ Choose the ‘ICICI Business Advantage Blue Credit Card’ and click on ‘Apply Now.’ Fill in the required details and submit necessary documents.
  3. What are the key features of the ICICI Business Advantage Blue Card?
    The card offers features such as business-related rewards, expense tracking, and exclusive privileges for business-related expenses. Check the official website for the latest features.
  4. What are the eligibility criteria for obtaining the ICICI Business Advantage Blue Card?
    Eligibility criteria may include a minimum income requirement, business documentation, and a good credit history. Refer to the bank’s official website for specific details.
  5. What rewards and benefits come with the ICICI Bank Business Advantage Blue Card?
    The card provides business-centric rewards, including cashback, discounts on business-related expenses, and access to exclusive events. Detailed information can be found on the official website.
  6. How can I check the status of my ICICI Bank Business Advantage Blue Card application?
    You can check the status of your application online through the bank’s official website or by contacting the customer service helpline.
  7. Is there an annual fee for the ICICI Bank Business Advantage Blue Card?
    Check the terms and conditions on the official website for information on annual fees, renewal charges, and any applicable fees associated with the card.
  8. What is the credit limit offered with the ICICI Bank Business Advantage Blue Card?
    The credit limit is determined based on various factors, including your income, credit history, and business profile. The bank will communicate the approved credit limit after the application process.
  9. How can I redeem the rewards earned with the ICICI Bank Business Advantage Blue Card?
    Redeeming rewards can typically be done through the bank’s online portal or customer service. The specific redemption process will be outlined in the card’s terms and conditions.
  10. What should I do if my ICICI Bank Business Advantage Blue Card is lost or stolen?
    Immediately report the loss or theft by contacting the ICICI credit card customer care service. The bank will guide you through the process of blocking the card and issuing a replacement.