ICICI Bank Instant Platinum Credit Card

The Bottom Line

Lifetime Free, Low Rewards

2 reward points / ₹100 on all spends and 1 reward point on fuel purchases. No Joining and Annual Fees.

Monthly Spend	₹5K	₹10K	₹20K	₹50K	₹100K
Net Reward Yield	0.4%	0.4%	0.5%	0.5%	0.5%
Est. Monthly Reward (₹)	15	40	90	235	480
All-India Rewards Rank*	108	161	223	265	263
Within Bank Rank*	13	13	22	33	32
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The ICICI Bank Instant Platinum Credit Card gives 0.25% effective reward on fuel purchases and 0.50% effective reward on all other spending.

Overall, we estimate you can earn a net reward yield of 0.4-0.5% on all spending with this card in a month.

The Mine Credit Card is the best credit card from ICICI Bank for most people.

Sign up for the PRO 49 plan if you are spending less than ₹20,000 a month on your card. The PREMIUM 149 plan is best if you are spending between ₹20,000 – 50,000.

You can earn a net reward yield of 1.4-1.8% on all your spending with this credit card.

If you are spending more than ₹50,000 a month on your card, the Amazon Pay ICICI Bank Credit Card is the best option from ICICI Bank. We estimate you can earn a net reward yield of 1.2% with this card.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card	ICICI Bank Instant Platinum Credit Card
Card Type	Reward
Reward Features	2 Reward Points / ₹100 on all spends 1 Reward points / ₹100 on Fuel Purchases
Milestone Rewards	Nil
Other Rewards	– 15% off on dining through the ICICI Bank Culinary Treats Programme – 25% discount(up to ₹100) on movie tickets at BookMyShow
Rewards Redemption Fee	₹99
Reward Caps	Unlimited
Preferred Redemption Method	Redeem for various categories and products, including shopping, gift vouchers 1RP=₹0.25

Fees & Charges

Card		ICICI Bank Instant Platinum Credit Card
Joining Fee		Nil
Annual Fee		Nil
Min. Annual Credit Card Spend for Fee Waiver		N/A
Income Criteria	Salaried	N/A
Income Criteria	Self-employed	N/A
Supplementary Card Fee		Nil
Interest Rate		29.88% p.a.
Foreign Currency Markup		3.50%
Cash Advance Charge		2.50% with a minimum of ₹300