ICICI Credit Card holders, get ready to see new changes in milestone benefits, fees and charges starting November 15th, 2024. As per the official document released by ICICI Bank, following November 15th, ICICI card holders will need to pay 1% fee on education payments made via third-party apps. Moreover, add-on cards now attract an annual fee of ₹199. Catch more details below.
All ICICI Credit Card holders make a note of this change starting November 15th - now pay 1% fee on the transaction amount for education payments made via 3rd party apps. No fee will be charged for payments made directly to school or college including international education payments from your credit card.
Be sure to check the latest ICICI Bank Credit Card Offers, Coupons & Deals ✔️✔️✔️ for extra savings.
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Late payment charges on your ICICI Credit Cards will be as following starting November 15th:
For Late Payments <= Rs.100, charges are Nil
For Late Payments between Rs.101 - Rs.500, charges are Rs.100
For Late Payments between Rs.501 - Rs.1,000, charges are Rs.500
For Late Payments between Rs.1,001 - Rs.5,000, charges are Rs.600
For Late Payments between Rs.5,001 - Rs.10,000, charges are Rs.750
For Late Payments between Rs.10,001 - Rs.25,000, charges are Rs.900
For Late Payments between Rs.25,001 - Rs.50,000, charges are Rs.1,100
For Late Payments above Rs.50,000, charges are Rs.1,300
This might be a bit of a disappointing change for many ICICI card holders. Starting November 15th, ICICI add-on cards will attract an annual fee of ₹199 which will be levied in the card anniversary month statement.
Now after seeing this change, many card holders might be wanting to close their unneeded add-on cards. Here are steps to close your ICICI Credit Card add-on card (courtesy & thanks to our dimer @offerer for sharing it with us)
Steps to close ICICI Add-on Cards:
“ICICI Netbanking > Customer Service > Service Requests
Credit Cards > Modification Related > Request for Cancellation of Credit Card
Select Add-on Card number from the dropdown
Raise cancellation request”
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The spend threshold for annual fee reversal and milestone benefits will exclude rent, government, and education payments made via credit card.
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Forex mark up fee revised to 2% for ICICI Bank Emeralde Visa Credit Card, ICICI Bank Emeralde Credit Card and ICICI Bank Emeralde Private Credit Card.
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A fee of 1% of the transaction amount will be charged for utility payment transactions exceeding Rs. 50,000.
Earn reward points for utility spends up to Rs.80,000, insurance spends up to Rs.80,000, at the current earn rate for credit cards including ICICI Bank Rubyx Visa Credit Card, ICICI Bank Sapphiro Credit Card, ICICI Bank Emeralde Credit Card & a few more variants.
Earn reward points for utility spends up to Rs. 40,000, insurance spends up to Rs. 40,000, at the current earn rate for credit cards including ICICI Bank Platinum Chip Credit Card, ICICI Bank HPCL Coral Platinum Credit Card, ICICI Bank Expressions Secured Credit Card & more.
Earn reward points on grocery and departmental store purchases up to Rs.40,000/month for select premium ICICI credit cards, and up to Rs.20,000/month for other ICICI credit cards, at the current earn rate.
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Starting November 15th, fuel surcharge waivers will only be applicable on fuel spends up to Rs.100,000 only per month for ICICI Bank Emeralde Mastercard Metal credit card and for all other ICICI Credit Cards, the limit will be ₹50K.
So this was all about sharing some of the key ICICI Credit Card charges starting November 15th, 2024. Don’t forget to check the official document to know the full list of changes:
{Official Document} ICICI Credit Card Revision of Charges
Courtesy and thanks to our dimer @Vineet and @sousnake for sharing this first with us here
(check out these threads to read fellow card holders & dimers discussion and comments)
Also, while we are at it, consider checking out this recent news too - Flipkart Plus & Premium Membership Devaluation
Best credit cards for buying gold online and offline in India 2024
no, they are considered the same cards as in they get to enjoy the same benefits as the primary card
Source 1: https://www.icicibank.com/blogs/credit-card/add...
Source 2: https://www.icicibank.com/personal-banking/card...?
If you are asking about availing benefits separately on each card then yes in that case they are considered different and you can avail discount separately per card.
But before you do that, be sure to check the T&C of the particular ecommerce website. Sometimes they limit discount account-wise as well (once per account)
Try calling ICICI credit card customer support team as soon as u can - number >> 1800 1080
you can also try these numbers 1800 102 0123 / 1860 120 7777
ICICI credit card has by far the worst hidden charges when compared to HDFC Credit card. I made an International payment and got a refund. The transaction alone costed me 600 and didn't even got the product. While HDFC Credit card reversed the charges except the GST. On top Forex Markup on HDFC is almost 1-2% less than ICICI Credit card. And they don't even refund. Charged me markup both on payment and refund, ICICI is basically scammed me .
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