This card from the ICICI bank is the most basic of all the universe of credit cards. Lets see how the card looks.
2 points for every Rs. 100 spent anywhere except for mutual funds
The ICICI Platinum Credit Card has the minimum annual charges per year.
You get 2.5% fuel surcharge waiver.
Since it is from the ICICI family, you can enjoy host of benefits on dining from culinary treats by ICICI Bank.
What do we like the most on this card?
You would get 1 point for every spend Rs. 50 or in fact, you get one point even for a spend of Rs. 26. Each point is worth Rs. 0.25 paise. So, on every Rs. 100 spent, you save 0.5%.
We have been using this card before we came to know that other cards too exist.
This is the most basic of all the cards and so was our first card too.
The card comes with an annual fees of Rs. 100 but would be reversed if you spend more than Rs. 50,000 per year. So, if you spend Rs. 50,000 in a year, you get 0.5% cash back too which is Rs. 250 of free money.
Plus, you can take advantage of the culinary treats offered by ICICI bank.
Overall the card is not recommended, but, if you do not have any other option, something is always better than nothing.
Stay klippd, Stay frugal, Stay Happy