ICICI Bank Platinum Chip Credit Card: Features & Benefits

Summary

ICICI Bank Platinum Chip Credit Card: It is one of the easiest credit cards with security, rewards, and saving money on your everyday usage. The card contains an EMV chip, and the contactless payment facility can be availed to make speedy transactions without much security hassle.

The reward points are one of the most significant benefits of this card, offering you 2 reward points for every ₹100 spent on retail transactions except for fuel. The reward points can be redeemed in the form of gift vouchers, travel, and shopping. It provides a 1% fuel surcharge waiver at HPCL petrol pumps for all transactions up to ₹4,000 in case of fuel purchases, thus saving you regular fuel expenses.

Dining enthusiasts get special benefits on the ICICI Culinary Treats Program, with up to 15% discounts at selected restaurants in India. As there is no joining fee on it, first-time users can treat themselves with this card. The annual fee of ₹99 is charged only if total yearly spending does not exceed ₹50,000, making it an economical option for frequent users.

Introduction

ICICI Platinum Chip Credit Card is a wonderful option for those who are looking to enjoy safe and hassle-free payments. ICICI Bank Platinum Chip Credit Card not only helps you to manage your day-to-day expenses but also has several other wonderful features and benefits it offers make it special. It comes with chip technology that helps make your transactions more secure so that you will not be a victim of fraudulent risks.

Besides that, you can have numerous cashbacks, reward points, and many more offers from ICICI Platinum Chip Credit Card. ICICI Platinum Chip Credit Card helps you enjoy huge discounts from everyday purchases to online shopping. Moreover, the ICICI Platinum Chip Credit Card does not have an annual fee burden, so it is even more cost-effective.

If you wish to manage your expenses smartly, along with using many offers and rewards, the ICICI Platinum Chip Credit Card could work wonders for you.

Today in this article, we will talk in detail about the ICICI Platinum Chip Credit Card. Here, we will tell you about its benefits in detail. Apart from that, in this article, we will also talk about the fees of the ICICI Platinum Chip Credit Card. We will also discuss how you can apply for it.

What is the ICICI Bank Platinum Chip Credit Card?

A credit card is a secure and convenient credit card issued by ICICI Bank. ICICI Platinum Chip Credit Card uses chip technology, which makes your transactions more secure and reduces the risk of fraud.

Through this, you can easily manage shopping, online purchases, bill payments, and other expenses. ICICI Bank Platinum Chip Credit Card comes with many great features and benefits, such as cashback, reward points, and many discount offers.

How is the ICICI Bank Platinum Chip Credit Card designed?

Credit Card is set as a security and reward card as an entry-level credit card, making transactions using this embedded microchip much safer compared to unauthorized transactions. The card is contactless-enabled, enabling you to make fast and secure payments just by tapping it on the card machine.

This also offers reward points on every purchase, which you can redeem as discounts, gifts, or even vouchers. No joining fee applies to this card, and even the annual fee can be exempted if the minimum spending criterion is met. Under the ICICI Culinary Treats program, fuel surcharge waivers and dining discounts are offered to you.

What are the benefits of the ICICI Bank Platinum Chip Credit Card?

Here are the major benefits along with actual reward points:

1. Reward Points on Spending

• You get 2 reward points for every ₹100 spent on retail purchases except on fuel.

• Redeem them for shopping, travel, or gift vouchers.

2. Fuel Surcharge Reimbursement

• Get a 1% fuel surcharge waiver at HPCL petrol pumps on transactions up to ₹4,000.

• No extra charges while paying through ICICI’s “HP Pay” app.

3. Dining Offers (Culinary Treats Program)

• Up to 15 percent discount at participating restaurants across India

4. No Joining Fee

• No joining fees apply to this card. It is free of cost. The annual fee charges ₹99. It can be waived by spending an amount of ₹50,000 in a year

5. Contactless & Secure

• Fraud protection with EMV chip technology

• Tap & Pay for quick, secure transactions.

What are the fees for the ICICI Bank Platinum Chip Credit Card?

Here is a simple Credit Card fee breakup.

Joining Fee	NIL
Annual Fee	NIL
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	If you don’t pay your bill in full, 3.5% per month (42% annually) on the outstanding balance.
Cash Advance Fee	2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – NilRs. 101 – Rs. 500 – Rs. 150Rs. 501 – Rs. 5,000 – Rs. 500Rs. 5,001 – Rs. 20,000 – Rs. 750Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting an ICICI Bank Platinum Chip Credit Card?

The following are the primary requirements:

1. You must be between 18 and 70 years old to apply for the ICICI Platinum Chip Credit Card.

2. The income requirement differs according to your employment status:

• Self-Employed Professionals: A minimum Annual income of Rs 1 lakhs usually does the job.

3. A secured income ensures regular, timely payments on the credit card bill. Any amount above it increases the probability of approval.

4. Your credit score plays a role in the selection process. It is a tendency for ICICI Bank to favor borrowers with a better credit score usually above 750. 

5. You must be an Indian resident and have valid address proof within the country. 

6. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.

7. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get an ICICI Bank Platinum Chip Credit Card?

The documents that you will have to submit to Get a Credit Card are as below:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Utility bills like electricity, water, etcRent agreement, Bank statement, or passbook with your address
Income Proof	Salary slip for the last 3 months if you are a salaried employee Bank statement for the last 3 months ITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the ICICI Bank Platinum Chip Credit Card be used?

Here is the list of places where you can use it:

• With the ICICI Platinum Chip Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

• You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.

• You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

• You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.

• You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

• You can use your ICICI Platinum Chip Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

• The ICICI Platinum Chip Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the ICICI Bank Platinum Chip Credit Card?

The credit amount you can spend is what you are provided with an ICICI Platinum Chip Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit then penalties get added, and your credit score also goes down.

How do you apply for aaICICI Bank Platinum Chip Credit Card?

Apply it through both these modes: 

Online Application Process

• Visit the official website of the ICICI Bank, i.e. 

• Go to ‘Cards’, followed by ‘Credit Cards’.

• On that page, you can see numerous options for credit cards issued by ICICI Bank; for instance, you can choose the ICICI Platinum Chip Credit Card.

• Just hover your cursor on the ICICI Platinum Chip Credit Card, followed by selecting ‘Apply Now‘ from there.

• You will be asked to fill out your details including your name, contact information, income details, and employment status.

• Be accurate and updated with the information provided.

• You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.

• After filling out the details and uploading the documents, review your application to make sure everything is correct.

• Apply online through the application form.

• The bank will check your application after submitting it. They can ask for extra documents or information if required.

• You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process

• You can walk into the nearest ICICI Bank branch to apply for the ICICI Platinum Chip Credit Card.

• Request for the credit card application form for the ICICI Platinum Chip Credit Card. They will provide you with the form and proceed accordingly.

• Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.

• Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and pas hotograph.

• Your application will be processed, and your information will be cross-checked at the bank level.

• In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

• You will receive the ICICI Platinum Chip Credit Card by post at the same postal address.

• Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the ICICI Bank Card website, or mobile app or by calling their customer service.

• For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting an ICICI Bank Platinum Chip Credit Card in 2025 be right?

Yes, getting an ICICI Bank Platinum Chip Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

ICICI Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.

Conclusion

Credit Card is a great choice for those who not only want to experience secure transactions but also want to manage their expenses smartly. Its chip technology makes your transactions secure and reduces the risk of fraud. Apart from this, the cashback, reward points, and great discount offers that come with ICICI Platinum Chip Credit Card give you a great opportunity to save on your everyday expenses.

ICICI Bank Platinum Chip Credit Card from ICICI Bank comes with no annual fee, making ICICI Platinum Chip Credit Card even more affordable. Whether you are shopping online, paying bills at a restaurant, or traveling, the  ICICI Platinum Chip Credit Card gives you benefits everywhere. Its easy payment options make it a very convenient credit card.

If you want to get a credit card that not only keeps your transactions secure but also gives you benefits at every step, then ICICI Platinum Chip Credit Card can prove to be a great option for you. With its help, you can not only improve your financial management but can also avail many great offers.

Frequently Asked Questions (FAQ’s)