Amazon Pay ICICI Credit Card
ICICI Bank
The most popular Lifetime Free card in Indian banking history.
93/100✓ MITC verified
Annual Fee₹0 LTF
Reward5% unlimited Amazon cashback for Prime members
LoungeNo complimentary lounge access
Apply Now →ICICI Bank Platinum Chip Credit Card
ICICI Bank
ICICI Bank's lifetime free starter card with basic points on everyday spends.
58/100✓ MITC verified
Credwiser Score 58/100
ICICI Bank Platinum Chip Credit Card
ICICI Bank • ICICI Bank's lifetime free starter card with basic points on everyday spends.
By Deepak • Co-founder, Credwiser
Figures checked against the issuer's official MITC • Last verified 21 October 2026 • How we score
Some apply links are referral links. They never change our scores or rankings. Read our editorial independence promise.
The Platinum Chip is ICICI Bank's simplest credit card: no joining fee, no annual fee, and a basic reward points programme that still credits points on utility and insurance payments, which many entry level cards skip. It will not make you rich on rewards, since each point is worth only about ₹0.25 on redemption. Treat it as a free credit history builder with small everyday savings from dining offers and a fuel surcharge waiver at HPCL pumps.
Annual Fee (+ 18% GST)₹0 (Lifetime Free)
Fee WaiverNot applicable. The card is lifetime free with no joining fee and no annual fee.
Joining PerkNone. There is no joining fee, so the card does not carry a fee linked welcome offer.
Primary Reward2 ICICI Bank Reward Points for every ₹100 spent on retail purchases (except fuel), and 1 point for every ₹100 spent on utilities and insurance
Airport Lounge AccessNo complimentary airport or railway lounge access
Forex Markup3.5% + 18% GST
RuPay UPINo
Best ForFirst time credit card users who want a lifetime free ICICI Bank card to build a credit history
What We Like
- Lifetime free with no joining or annual fee to recover
- Earns points even on utility bills and insurance premiums
- 1% fuel surcharge waiver at HPCL pumps on transactions up to ₹4,000
- Minimum 15% off dining bills at 2,500 plus restaurants under Culinary Treats
Watch Out
- Reward points are worth only about ₹0.25 each, so the return stays under 0.5%
- No lounge access or milestone benefits
- Foreign currency markup of 3.5% plus GST makes it costly abroad
MITC & Hidden Charges
Joining fee Nil and annual fee Nil in ICICI Bank's published schedule of charges. Finance charges are 3.40% per month (40.80% per annum) and the foreign currency markup is 3.5% plus GST, as per the bank's MITC.
Last verified against MITC: 21 October 2026
ICICI Bank Platinum Chip Credit Card FAQs
Is the ICICI Platinum Chip Credit Card really lifetime free?
Yes. ICICI Bank's schedule of charges lists both the joining fee and the annual fee as Nil for this card, so there is no fee to waive or recover.
How many reward points do I earn?
You earn 2 ICICI Bank Reward Points per ₹100 on retail purchases except fuel, and 1 point per ₹100 on utilities and insurance. Points can be redeemed for gifts and vouchers through the bank's rewards programme.
Does this card offer lounge access?
No. The Platinum Chip has no complimentary airport or railway lounge access. It focuses on zero fees, basic points, dining discounts and a fuel surcharge waiver.
Alternatives to Consider
ICICI Bank Coral Credit Card
ICICI Bank
A simple low fee starter card from ICICI with movies, railway lounges and an optional RuPay variant for UPI.
68/100✓ MITC verified
Annual Fee₹500 + GST
RewardUp to 2 ICICI Bank Reward Points per ₹100 spent, as listed on the official campaigns page
Lounge4 Domestic Lounge visits per year, given as 1 per quarter on spending ₹75,000 or more in the previous quarter for the primary cardholder, plus 1 railway lounge visit per quarter
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