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ICICI Bank Credit Card Fees: ICICI Bank has announced to revise the charges structure for various credit cards, which will be effective from March 2024. This includes credit card types like Platinum, Coral, Rubix and Cefiro as well as other credit cards. ICICI Bank website including Amazon.
Giving information, the bank has said that the new charges will be applicable equally on all cards, no matter which network variant is chosen, unless it is clearly stated that no charges will be levied on your card.
With the exception of the Accelero ICICI Bank Credit Card, card benefits with no joining or annual fee will not be available.
ICICI Bank clarified that while cards obtained without any joining or annual fee will not attract this fee initially, the bank reserves the right to modify its policy and levy the annual fee in future following regulatory guidelines.
A look at the fee structure
Joining Fee: Rs 500 + Goods and Services Tax (GST)
Annual fee: Rs 500 + GST from the second year onwards, waived off if the previous year's expenditure exceeds Rs 1.5 lakh.
On the other hand, ICICI Bank has announced a revised standard to avail complimentary airport lounge access.
From April 1, 2024, customers will have to spend a minimum of Rs 35,000 in the previous calendar quarter to unlock complimentary airport lounge access for the next quarter.
This new standard applies to the following cards:
- ICICI Bank Coral Credit Card
- ICICI Bank NRI Secured Coral Visa Credit Card
- ICICI Bank Coral American Express Credit Card
- ICICI Bank Secured Coral Credit Card
- ICICI Bank Coral Contactless Credit Card
- ICICI Bank NRI Coral Credit Card
- ICICI Bank Leadthenew Coral Credit Card
- ICICI Bank Coral RuPay Credit Card
- ICICI Bank MasterCard Coral Credit Card
- ICICI Bank Expression Credit Card
- Mine Credit Card by ICICI Bank Visa Card
- Mine Credit Card by ICICI Bank Mastercard
- ICICI Bank HPCL Super Saver Visa Credit Card
- ICICI Bank HPCL Super Saver Master Credit Card
- MakeMyTrip ICICI Bank Platinum Credit Card
- ICICI Bank Manchester United Platinum Credit Card
- Chennai Super Kings ICICI Bank Credit Card
- Speedz ICICI Bank Credit Card
- ICICI Bank Parakram Select Credit Card
- ICICI Bank Business Blue Advantage Card
- ICICI Bank MakeMyTrip Mastercard Business Platinum Credit Card