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

External link to ICICI Bank’s own application page.

The ICICI Platinum Chip has no annual fee. It earns 0.5% on all spends. Forex markup is 3.5%. These figures are from our catalog and have not yet been re-verified against the issuer.

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.

What does the ICICI Platinum Chip earn?

What you earn back, by category.

Everything else
0.5%
📈
🎁
Welcome bonus

No welcome bonus, fee-free for life

What do you get with the ICICI Platinum Chip?

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

Who qualifies for the ICICI Platinum Chip?

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

ICICI Platinum Chip FAQ

What is the ICICI Platinum Chip annual fee?

The ICICI Platinum Chip has no annual fee.

What does the ICICI Platinum Chip earn?

It earns 0.5% on all spends.

What is the ICICI Platinum Chip forex markup?

The ICICI Platinum Chip charges 3.5% forex markup on foreign-currency spends.

What income do you need for the ICICI Platinum Chip?

The stated minimum income is ₹2,00,000 a year. Banks treat this as a guideline, not a hard cutoff.

What is the ICICI Platinum Chip welcome bonus?

No welcome bonus, fee-free for life.

Are these ICICI Platinum Chip figures verified?

These figures are from our catalog and have not yet been re-verified against the issuer.