ICICI BankPlatinum Chip
ICICI Bank ·
Platinum Chip
Joining ₹0 · Annual ₹0 · Lifetime free
Earns Reward Points · assumed 0.25 ₹/point. ₹0.25 per point on ICICI's catalogue redemptions
Verified 13 Aug 2026Forex markup3.5%
Fuel surcharge1% waived on eligible fuel transactions
EMI2.99% capped at ₹299 plus GST at a merchant, up to 2% converting a billed balance processing fee · A converted purchase stops earning rewards · 2.99% of the purchase capped at ₹299 plus GST. Fuel, gold, jewellery, gambling and cash cannot be converted. · Availing the EMI facility forfeits reward points under ICICI's reward program
Return by category
| Category | Return | Notes |
|---|---|---|
| Online spend | 0.5% | Base rate |
| Amazon | 0.5% | Base rate |
| Flipkart | 0.5% | Base rate |
| Subscriptions & OTT | 0.5% | Base rate |
| Offline spend | 0.5% | Base rate |
| UPI spending | 0% | No RuPay variant is published, so UPI linking is unavailable |
| Dining | 0.5% | Base rate |
| Swiggy | 0.5% | Base rate |
| Zomato | 0.5% | Base rate |
| Groceries | 0.5% | Base rate |
| Quick commerce | 0.5% | Base rate |
| Swiggy Instamart | 0.5% | Base rate |
| Blinkit | 0.5% | Base rate |
| BigBasket | 0.5% | Base rate |
| Movies & shows | 0.5% | Base rate |
| BookMyShow | 0.5% | Base rate |
| PVR INOX | 0.5% | Base rate |
| Fuel | 0% | Fuel earns nothing, a surcharge waiver stands in |
| Travel (general) | 0.5% | Base rate |
| Flights | 0.5% | Base rate |
| Hotels | 0.5% | Base rate |
| MakeMyTrip | 0.5% | Base rate |
| IRCTC rail | 0.5% | Base rate |
| International | −3% | 0.5% reward − 3.5% forex markup |
| Utilities & bills | 0.25% | 1 point per ₹100 on utilities and insurance |
| Rent | 0% | Rent earns nothing and carries a 1% fee |
| Education fees | 0.5% | Base rate |
| Insurance premiums | 0.25% | 1 point per ₹100 |
| Government & tax | 0% | Government payments earn nothing |
| Wallet loads | 0% | Wallet loads earn nothing |
| Anything else | 0.5% | Base rate |
| Jewellery | 0.5% | Base rate |
Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.
Other exclusions
- Availing the EMI facility forfeits reward points under ICICI's reward program
What we liked
- Lifetime free with no conditions at all
- 0.5% on ordinary retail is honest for a zero fee card
- Fuel surcharge waiver included
What to mind
- No lounge, no milestones, no welcome benefit
- Utilities and insurance earn half of even the modest base
Sources
Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.
- https://www.icici.bank.in/personal-banking/cards/credit-card/platinum-chip-credit-card
- https://www.icici.bank.in/content/dam/icicibank/india/managed-assets/revamp-page-images/docs/pdf/mitc_cc.pdf