ICICI Bank Platinum Chip Credit Card
ICICI Bank · Visa
Why this card?
- 0.5% back in reward points on eligible spends
- Lifetime free — no joining or annual fee
- 1% fuel surcharge waiver
Card details
- Issuer
- ICICI Bank
- Network
- Visa
- Annual Fee
- Lifetime Free
- Joining Fee
- None
- Reward Type
- points
- Best Reward Rate
- 0.5% on all eligible spends
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹20,000
- Rates verified
- 2026-10-06
Our verdict
ICICI Platinum Chip is a lifetime-free card best suited to first-time credit card users who want zero ongoing cost without worrying about rewards complexity. The earn rate is very low at 2 reward points per ₹100 (about 0.5% back), so this card is primarily about building a credit history and accessing the ICICI credit card ecosystem for free.
Pros
- Lifetime free — zero joining and annual fee
- Reward points on every eligible spend, accumulating over time
- Entry-level income requirement of ₹20,000 a month
Cons
- Very low earn rate — 2 reward points per ₹100 translates to about 0.5% back, and 1 point per ₹100 on utility and insurance
- No lounge, no travel benefits, no meaningful cashback
- Amazon Pay ICICI (also LTF) offers significantly better rewards — consider that card instead