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ICICI Bank

ICICI Bank Instant Platinum Credit Card

ICICI doesn't publish this card's reward rate or what its points are worth. Its card-wide terms say fuel, rent, wallet loads, cash and EMI spends earn no points, and transport spends earn points only on the first ₹10,000 a statement cycle.

  • Lifetime free
View on ICICI Bank siteIssuer's site. We don't earn from this card.

Pros and cons

Good

  • Lifetime free: no joining or annual fee
  • No income proof needed: issued against a fixed deposit

Watch out for

  • Earns nothing on fuel, rent and wallet loads
  • The bank doesn't publish what a reward point is worth
  • High forex markup (3.5%)
  • Can't be used on UPI (not a RuPay card)
Who it's for
Anyone who wants a no-fee card for everyday spends.
Skip it if
You mainly pay by UPI.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Fuel
0%

Fees and charges

Joining fee
Free
Annual fee
Free
Fee waiver
No joining or annual fee.
Forex markup
3.5%
Fuel surcharge waiver
ICICI says only that select cards get a 1% waiver at HPCL pumps; it doesn't say whether this card does.

Benefits and eligibility

Airport lounge
None
Card network
Not published by the bank
UPI payments
No
Minimum income (salaried)
Not published by the bank
Eligibility
Issued against an ICICI Bank fixed deposit of ₹50,000 or more, opened for at least 180 days and set to auto-renew; the limit is up to 90% of the FD. You can hold only one secured ICICI card, it's issued to the primary FD holder only, and the FD must have no lien or partial withdrawal. ICICI doesn't publish an age or income rule for this card. Apply in the iMobile app or Net Banking (Fixed Deposits, then Open Fixed Deposit Card) or at a branch. Approval at ICICI Bank's discretion.

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the ICICI Bank Instant Platinum Credit Card?

View on ICICI Bank siteIssuer's site. We don't earn from this card.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by ICICI Bank.

Related guides

What changed recently

  1. OtherWorse for you

    The BookMyShow offer on this card was discontinued.

    Before: BookMyShow offer available · After: No BookMyShow offer

    ICICI's terms name the card 'ICICI Bank Secured Platinum Credit Card'.

    Bank's notice or terms
  2. Reward capsWorse for you

    Transport spends (rail, bus, local transport and tolls) now earn reward points only on the first ₹10,000 of spend in a statement cycle.

    Before: No cap on transport · After: Points on up to ₹10,000 of transport spend per statement cycle

    Bank's notice or terms
  3. FeesWorse for you

    Markup on rupee-billed payments at foreign merchants (dynamic currency conversion) rose from 1% to 3.5%.

    Before: 1% · After: 3.5%

    Bank's notice or terms
  4. FeesWorse for you

    Paying the card bill in cash at an ICICI Bank branch now costs ₹150 a payment, up from ₹100.

    Before: ₹100 per payment · After: ₹150 per payment

    Bank's notice or terms
  5. FeesWorse for you

    New 1% fee on wallet loads of ₹5,000 or more.

    Before: No fee · After: 1% on wallet loads of ₹5,000 or more

    Bank's notice or terms

All card changes, month by month

Questions people ask

Is the ICICI Bank Instant Platinum Credit Card worth it in 2026?

Yes, as a no-fee card for everyday spends: it costs nothing to keep. The catch: earns nothing on fuel, rent and wallet loads.

Is the ICICI Bank Instant Platinum Credit Card lifetime free?

Yes. The bank's fee schedule shows no joining fee and no annual fee.

Does the ICICI Bank Instant Platinum Credit Card work on UPI?

No. Only RuPay credit cards can be linked to UPI, and this isn't one.

Does the ICICI Bank Instant Platinum Credit Card give airport lounge access?

No complimentary airport lounge access.

What earns no rewards on the ICICI Bank Instant Platinum Credit Card?

No reward points on fuel, rent, wallet loads, cash withdrawals or EMI purchases. ICICI publishes no card page for this variant, so other exclusions or caps may apply.

Is there a limit on rewards with the ICICI Bank Instant Platinum Credit Card?

Since 1 Feb 2026, transport spends (rail, bus, local transport and tolls) earn points only on the first ₹10,000 of spend in a statement cycle. Transport isn't a reward_rate key.

Who can get the ICICI Bank Instant Platinum Credit Card?

Issued against an ICICI Bank fixed deposit of ₹50,000 or more, opened for at least 180 days and set to auto-renew; the limit is up to 90% of the FD. You can hold only one secured ICICI card, it's issued to the primary FD holder only, and the FD must have no lien or partial withdrawal. ICICI doesn't publish an age or income rule for this card. Apply in the iMobile app or Net Banking (Fixed Deposits, then Open Fixed Deposit Card) or at a branch. Approval at ICICI Bank's discretion. Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read ICICI Bank's own terms and product page on 20 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 20 Oct 2026 on ICICI Bank's official page. Fees and rewards change; check the issuer's terms before you apply.