
Joining Fee
Free
Annual Fee
Rs. 0 + Taxes
Forex Markup
3.5% + GST
Platinum Chip
Rewards Structure
Base Reward Rate
2% on spends
Point Value
1 Point = ₹1
Earning Cap
₹5,000 /monthly
Pros
- No joining fee
- No annual fee
- Reward points on every purchase
- Fuel surcharge waiver at HPCL pumps
- Easy EMI conversion
Cons
- Limited to HPCL pumps for fuel waiver
- Lower points rate on utility and insurance spends
Hidden Catches (Transparency Policy)
To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.
Fuel surcharge waiver only applicable on transactions between ₹400 and ₹4,000
3.75% interest per month on ATM withdrawals and if only minimum due is paid
Key Benefits & Features
Detailed benefits inside
Eligibility Criteria
Min. Annual Income
₹2.4 Lakhs
Age Requirement
21+ Years
Occupation
Required Documents
IDENTITY Proof
ADDRESS Proof
INCOME Proof
About Platinum Chip
The ICICI Bank Platinum Chip Credit Card is an entry-level rewards card designed for everyday spenders who want meaningful benefits without any cost burden. With zero joining fee and no annual fee, it offers an accessible way to earn rewards on regular purchases. Cardholders earn 2 reward points for every ₹100 spent on retail transactions and 1 reward point per ₹100 on utility and insurance payments. These points can be redeemed across a wide range of categories including travel and luggage, health and beauty, shopping vouchers, home appliances, electronics, and fashion and lifestyle. Beyond rewards, the card provides a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at HPCL fuel outlets in India, benefiting both primary and supplementary cardholders. The embedded microchip technology adds an enhanced layer of security against counterfeiting and duplication, with PIN authentication required for in-person transactions at merchant outlets. To be eligible, applicants must be Indian citizens between 21 and 65 years of age with a minimum monthly income of ₹20,000, whether salaried or self-employed. No physical documents are required during the application process. For those seeking a no-cost card that rewards everyday spending while offering practical fuel savings and strong security features, the Platinum Chip Credit Card is a compelling choice.
Our Verdict
Zero-fee card with reward points on every spend and 1% fuel surcharge waiver at HPCL pumps.
Frequently Asked QuestionsAbout Platinum Chip
FEESIs there a joining fee or annual fee for the Platinum Chip Credit Card?
ELIGIBILITYWhat is the age limit to apply for a Platinum Chip Credit Card?
BENEFITSWhat is the fuel surcharge waiver offered to Platinum Chip Credit Cardholders?
OTHERWhat is CVV and how do I find it on my ICICI Bank Platinum Chip Credit Card?
USAGEHow to know the payment due date of the Platinum Chip Credit Card?
BENEFITSWhat security features are provided by the chip and PIN on the Platinum Chip Credit Card?
USAGEIs a PIN required for online transactions on the Platinum Chip Credit Card?
REWARDSHow do I earn reward points on the Platinum Chip Credit Card?
REWARDSWhat categories can I redeem my reward points for?
DOCUMENTSWhat documents are required to apply for the Platinum Chip Credit Card?
INTERNATIONALWhat is the forex markup fee for the Platinum Chip Credit Card?
FEESWhat are the interest charges if I only pay the minimum due amount?
BENEFITSCan I convert my Platinum Chip Credit Card purchases into EMIs?
APPLICATIONHow can I apply for the Platinum Chip Credit Card?
BENEFITSCan I add a supplementary cardholder to my Platinum Chip Credit Card?
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