ICICI Bank Platinum Identity Credit Card

The ICICI Bank Platinum Identity Credit Card is an introductory-level card that offers Hand-picked Rewards for every Rs. 200 spent. As you surpass annual spending thresholds, you earn accelerated rewards. The initial joining fee is Rs. 2,000, with a Rs. 750 annual membership fee from the second year onwards. Explore further details about this entry-level option from ICICI Bank.

Key Highlights of ICICI Bank Platinum Identity Credit Card

  • Hand-picked Rewards: Earn rewards for every Rs. 200 spent.
  • Accelerated Rewards: Achieve more rewards by exceeding annual spending thresholds.
  • Affordable Entry: Initial joining fee of Rs. 2,000.
  • Membership Fee: Rs. 750 per annum from the second year.
  • Ideal for Beginners: A basic card for those new to credit cards.
  • Accessible Benefits: A gateway to essential financial privileges.
  • Explore Further: Discover the offerings of this introductory card.

Features and Benefits of ICICI Bank Platinum Identity Credit Card

1. Welcome Benefits:

  • The ICICI Bank Platinum Chip Credit Card lets you accumulate PAYBACK Points with every purchase, offering enticing rewards through India’s largest Reward Programme. Plus, earn additional points from PAYBACK Partner Brands.

2. Redeem points for travel vouchers, lifestyle products, movies, appliances, and more.

3. Spending Benefits:

  • Get 2 PAYBACK Points for every Rs.100 spent on retail (excluding fuel).
  • Earn 1 PAYBACK Point for every Rs.100 spent on insurance and utilities.

4. Fuel Benefits:

  • Enjoy a 1% fuel surcharge waiver on Rs.4,000+ fuel transactions at HPCL pumps when using the card at ICICI Merchant Services machines.

5. Dining Benefits:

  • Save up to 15% on dining with the ICICI Bank Culinary Treats program at 2,500+ restaurants in 12 Indian cities.

ICICI Bank Platinum Identity Credit Card Fees and Charges

Charge Details for the Accelero ICICI Bank Credit Card:

  • Joining Fee: INR 2000
  • Annual Fee: INR 750
  • Supplementary Card: No fee
  • Interest on Extended Credit or Overdue Interest: 3.40% per month or 40.80% per annum
  • Interest on Cash Advance: 3.40% per month or 40.80% per annum
  • Cash Advance Transaction Charge: 2.5% of the transaction amount, with a minimum of INR 300.

ICICI Bank Platinum Identity Credit Card Eligibility

ICICI Bank’s eligibility criteria for the Platinum Identity Credit Card may include:

  1. Age: Typically, primary cardholders should be between 18 to 65 years old. Supplementary cardholders may have varying age limits.
  2. Income: The bank might require a minimum annual income, which can vary based on your location and other factors.
  3. Credit Score: A good credit history and a certain minimum credit score are often necessary to qualify.
  4. Residential Status: You may need to be a resident or citizen of the country where the card is being offered.
  5. Employment: Your employment status, such as being salaried or self-employed, may affect eligibility.
  6. Existing Relationship: Having an existing banking relationship with ICICI Bank could be beneficial.

Documents Required for ICICI Bank Platinum Identity Credit Card

To apply for an ICICI Bank Platinum Identity Credit Card, you typically need to provide the following documents:

1. Proof of Identity:

  • Passport
  • Aadhaar card
  • Driver’s License
  • Voter ID
  • PAN card
  • Any government-issued photo ID

2. Proof of Address:

  • Passport
  • Utility bills (electricity, water, gas, etc.) in your name
  • Aadhaar card
  • Ration card
  • Rent agreement

3. Income Proof:

  • Salary slips
  • Bank statements
  • Income Tax Returns (ITR)
  • Form 16

Please note that these documents are examples. The bank may request additional documents.

How to apply for ICICI Bank Platinum Identity Credit Card?

1. Check Eligibility:

  • Visit the ICICI Bank website to review the eligibility criteria for the Platinum Identity Credit Card. Ensure you meet the requirements for age, income, and credit score.

2. Gather Documents:

  • Collect the necessary documents, including proof of identity, address, and income. Refer to the specific document requirements on the ICICI Bank website.

3. Online Application:

  • Go to the official ICICI Bank website and navigate to the credit card section.
  • Find the Platinum Identity Credit Card and click on the “Apply Now” or “Get Started” button.

4. Fill out the Application Form:

  • Complete the online application form with accurate information.
  • Upload scanned copies of the required documents as per the instructions.

5. Submission:

  • Review your application for accuracy and completeness.
  • Submit the application online.

6. Verification and Processing:

  • ICICI Bank will review your application and the attached documents.
  • You may be contacted for further information or verification if needed.

7. Credit Check:

  • ICICI Bank will perform a credit check to assess your creditworthiness.

8. Approval:

  • If your application is approved, ICICI Bank will issue the Platinum Identity Credit Card.

9. Receive and Activate the Card:

  • Once you receive the card, follow the activation instructions provided by the bank. Typically, this involves calling a phone number or visiting a website to activate the card.

Frequently Asked Questions (FAQs)

1. What is the ICICI Bank Platinum Identity Credit Card?
The ICICI Bank Platinum Identity Credit Card is a premium credit card that offers a range of benefits, including reward points, lifestyle privileges, and exclusive discounts, designed to enhance your overall banking experience.

2. How can I apply for the ICICI Bank Platinum Identity Credit Card?
You can apply for the card online through the official ICICI Bank website or by visiting a nearby ICICI Bank branch. The application process typically involves filling out an online form and providing necessary documents for verification.

3. What are the eligibility criteria for this credit card?
Eligibility criteria may vary, but generally, applicants should meet age requirements, income criteria, and have a good credit history. Specific details can be obtained from the ICICI Bank website or by contacting their customer support.

4. What are the key features of the ICICI Bank Platinum Identity Credit Card?
The key features include reward points on spending, airport lounge access, discounts on dining and shopping, fuel surcharge waiver, and more. Refer to the card’s terms and conditions for a comprehensive list of features.

5. How does the rewards program work on this credit card?
The card typically offers reward points for every transaction made. These points can be accumulated and redeemed for a variety of options such as merchandise, vouchers, or statement credits. Check the reward catalog provided by ICICI Bank for redemption options.

6. Is there an annual fee for the ICICI Bank Platinum Identity Credit Card?
Credit card fees can vary, and the ICICI Bank Platinum Identity Credit Card may have an annual fee. It’s advisable to check the latest fee structure on the ICICI Bank website or contact customer support for the most accurate and up-to-date information.

7. How can I check my credit card balance and transactions?
You can check your credit card balance and transactions through the ICICI Bank internet banking portal, mobile app, or by contacting the customer support helpline. E-statements are also sent regularly to your registered email address.

8. Can I convert my purchases into EMIs using this credit card?
Yes, many credit cards, including the ICICI Bank Platinum Identity Credit Card, offer the option to convert purchases into easy monthly installments (EMIs). The terms and conditions for EMI conversion can be found on the bank’s website.

9. What is the foreign transaction fee for this credit card?
Credit cards often have a foreign transaction fee for purchases made in a currency other than the Indian Rupee. Check the terms and conditions or contact customer support to know the specific fees associated with foreign transactions on the ICICI Bank Platinum Identity Credit Card.

10. How do I report a lost or stolen credit card?
In case your ICICI Bank Platinum Identity Credit Card is lost or stolen, immediately contact the ICICI Bank customer support helpline to report the incident. The bank will guide you through the necessary steps, including blocking the card and issuing a replacement.