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Big devaluation for ICICI credit cards.

861°
Deal Cadet
amdas

Major devaluations

⚡1% fee on on educational fee payments using 3rd party apps
⚡ 1% fee for utility transactions beyond 50k per month
⚡1% fee for fuel transactions above 10k per month.
⚡ No reward points for government transactions for several cards
⚡Rent, goverment and educational fee payment will now be excluded from calculations of annual fee reversal criteria
⚡ Capping on utility, insurance and grocery transactions per month
⚡ Discontinued complimentary spa on several cards
⚡ Quarterly 75k spends needed to activate free lounge access

Full list: icici.co/DUvfEC7FiPS

ICICI follows YesBank 🥹
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  • Last updated by: quantum
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Finance Mentor Finance Mentor
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ICICI Sapphiro RuPay Credit card is available, multiple times mentioned on the PDF file. 😀😀
Helpful Helpful
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Hai bas dete nhi😬

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Deal Subedar Deal Subedar
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Spend criteria for lounge access is big devaluation..

I believe slowly all cards will follow this route to limit 2 rs crowd in lounges..😌

Deal Cadet Deal Cadet
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Per month or per annum? On utility

Deal Cadet Deal Cadet
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Per month on utility

Finance Mentor Finance Mentor
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ICICI Amazon Credit card is also devalued this time. 😬😬

Deal Baba Deal Baba
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Welcome grin

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Deal Newbie Deal Newbie
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Kya hi fark padta hai

Cool Cool
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Sbi cashback jindabaad muscle

Generous Generous
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17285710583175412542953001908732

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Beacon Beacon
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What about paying insurnce via amazon icici card on insurnce portal?

Finance Mentor Finance Mentor
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Credit cards: "You can't kill a dead card"

Icici sapphiro: "Hold my beer"

Deal Subedar Deal Subedar
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How to close existing addon cards for icici

Finance Mentor Finance Mentor
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Call customer care and place closure request. Or go to the branch and fill up add on card closure request. Or both. 

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Commentator Commentator
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movie bogo stays for goood
Finance Mentor Finance Mentor
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Yeah but how many people living outside metros actually end up using that benefit on a month to month basis, 4 times a month? 

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Savings Mentor Savings Mentor
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₹199 for add-on cards? They have lost their minds

Finance Mentor Finance Mentor
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On lines of Amex. They too started charging for it recently. 

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Heart of Gold Heart of Gold
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Insane devaluation by ICICI by killing their own credit cards. Who the heck will pay Rs.75k from ICICI card to get lounge access?

It's great to see they haven't touched on Railway lounge eligibility and BMS BOGO offer.

Finance Mentor Finance Mentor
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Lounge access per person is 700-1200 out of pocket. You don't even need any specific card for it. 

Pro Coupon Hunter Pro Coupon Hunter
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Chalo achha hai. Ab lounge k chakker me 1 hour pehle airport nahi jaana padega.

Finance Mentor Finance Mentor
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If you have multiple ICICI Credit Cards like Coral Card on all card networks under same statement. Just spent 35k (or 75k after devaluation) & access 1 lounge for each cards.

@LG50 

@Januone 

@Ramta_Jogi 

@amdas 

@baludesi

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Pro Coupon Hunter Pro Coupon Hunter
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Btw, Flipkart axis has also put a condition to spend 50k in one quarter to get lounge access in next quarter

Deal Subedar Deal Subedar
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Amz pay icici :- 1% on 50k utility is for cumulative spend per month or a single transaction should not be more than 50k(however cumulative spend can be more than 50k)?

Critic Critic
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Seems like 50k per txn.
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Deal Newbie Deal Newbie
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has anyone confirmed if it is cumulative or single transaction?

Deal Cadet Deal Cadet
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Icici rewards are like penny.. why to worry ! SBI cashback card or BOB or tata neu or amex or au lit , hai na with lot better rewards/cashback. I never use ICICI due to worst rewards.

Deal Cadet Deal Cadet
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You are right. May be keep one LTF ICICI just to bag the 10% discounts on GIF sale
Deal Newbie Deal Newbie
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Next they will start charging for cards which are LTF.

Deal Subedar Deal Subedar
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Is there lounge access on apicici cc🤔

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