IN
ICICI Bank
ICICI Platinum Chip
VISA
🇮🇳 India · ICICI Bank

ICICI Platinum Chip

Lifetime free entry-tier ICICI card.

3.6 / 5
Joining fee
₹0
Annual fee
₹0
Top reward
0.5%
Min income
₹200,000

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5-year value calculator

How much ICICI Platinum Chip actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards3,000
Annual feeNo fee
Cumulative net value
+15,000
over 5 years
Year 1
3,000
+3,000/yr
Year 2
6,000
+3,000/yr
Year 3
9,000
+3,000/yr
Year 4
12,000
+3,000/yr
Year 5
15,000
+3,000/yr
Year 1 (with bonus)
3,000
Year 2+ (steady state)
3,000/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

Reward rates

What you earn back, by category.

Everything else
0.5%
📈
🎁
Welcome bonus

No welcome bonus — fee-free for life

What you get

  • 2 PAYBACK points per ₹100
  • 15% off at 800+ restaurants
  • 1% fuel surcharge waiver
  • Lifetime free, no annual fee ever

Eligibility

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹200,000
Min credit score
700+
Self-employed
Eligible