ICICI Platinum Chip Credit Card | Features & Benefits | Review

ICICI Platinum Chip Credit Card is the best zero annual fee credit card on my best credit cards in India list.

There are many credit cards available for beginners. But only a few of them are suitable for everyone.

ICICI Bank is the largest private-sector bank in India. The ICICI Platinum Credit Card is an entry-level card.

ICICI Platinum Chip Credit Card Review ( Best Card For Beginners)

Platinum Chip is a multipurpose credit card with a visa payment gateway. The card can help you to earn 2 payback points for each 100/- transaction.

Recently ICICI Bank has removed Platinum Chip card annual fee and made it lifetime free If you apply for Icici Platinum Chip Credit Card Online.

I have created a quick ICICI platinum chip review with features and benefits.

If you are looking for your first multipurpose credit card then ICICI Platinum Chip is best for you.

The card comes with all the required benefits & features that a beginner needs in any card.

ICICI Platinum Credit Card Benefits :

• You will earn 2 payback points for each 100/- spent.
• 1% fuel Surcharge waiver will be on all HPCL fuel outlets.
• Avail a minimum 15% discount on 800 restaurants in India.
• The card comes with up to 48 days interest-free period.
• Platinum Chip is a zero annual fee credit card.
• You can avail of EMI and cash advance facilities with this card.
• ICICI Bank Platinum Chip card gives you 2 Payback points for each 100/- INR spent.
• And each Payback point is valued at around 0.25 Rs.

The card annual fee is just 199/- for the first year & 99/- Rs from 2nd year onwards. (Annual fee waived off if you spend 50K in the previous year)

ICICI Platinum Credit Card Rewards Points Value

Somewhere Payback points value is similar to HDFC Money-Back Credit Card which has a (0.20 Rs) reward point value now.

As with many premium credit cards, the Icici platinum chip gives customers Independence to spend with the credit card where ever they want.

ICICI Platinum Chip Credit Card Interest-Free Time Period.

The card comes with up to 48 days of an interest-free time period. After that, you will be charged a 3.40% ROI. ( Yearly approx 40.2%)

Why Should You Apply For ICICI Platinum Chip Credit Card?

If you are willing to get your first credit card then the ICICI platinum chip is the best one to start with.

With a zero annual fee, the card is offering some unique benefits for first-time users.

Chip-enabled and pin-verified card with necessary security features.

Also Read:

• Best Credit Cards For Daily Users With Features & Benefits
• How To Improve Your Low Cibil Score Fast?
• Super Premium Credit Cards In India.
• Best Credit Cards For Beginners In India.
• ICICI Bank Coral Visa Credit Card Review.

ICICI Platinum Chip Credit Card Eligibility Criteria

The card is a good fit for beginners and zero-annual fee card seekers. ICICI bank has marked some basic eligibility criteria for Platinum Chip Card.

If you are fulfilling these requirements then you can apply for ICICI Platinum Chip and your card approval chances will be higher.

Age: Your age must be a minimum of 23 years and not above 58 years.

Income: 

For Salaried: Your monthly net salary should be 25K (NTH).

For Self-Employed: Your last ITR income should be min 4.5 Lac.

CIBIL: You must have an existing Credit Card or Loan history ( Minimum 180 days old)

Profession: You should have been a working professional or self-employed.

Residence: You must be a permanent resident of India.

In my personal view, the ICICI platinum chip credit card is the best choice for beginners and you can get it free if you apply for the platinum chip online.

This card also gives you a pre-paid facility that helps you to manage and keep your card limit safe for your next use.