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ICICI Bank Parakram Credit Card
ICICI Bank
travelshopping
Annual Fee
FREE
Joining Fee
Nil
Base Reward
1% points
Foreign Markup
3.5% per month or 42% annually.
Interest Rate
3.40% per month or 40.8% annually.
Welcome Benefits
N/A
Product Highlights
- 5X reward points on every ₹100 spent on CSDs, groceries, and departmental stores.
- 1 reward point for every ₹100 spent on all other applicable expenses.
- Up to 3 add-on credit cards with no added fee.
Rewards
5X reward points for every ₹100 spent on Canteen Store Departments (CSDs), groceries, and departmental stores.
Redemption
₹99 will be charged on every reward redemption request.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
other | 5%(5X reward points on CSDs, groceries, and departmental stores) | No cap |
Benefits & Features
Domestic: One Domestic Airport Lounge Visit Each Quarter One complimentary domestic airport lounge access per quarter.
Fees & Charges
Annual FeeFREE
Joining FeeNil
Foreign Markup3.5% per month or 42% annually.
Interest Rate3.40% per month or 40.8% annually.
Cash Advance2.50% of the withdrawn amount or a minimum of ₹300.
Redemption Fee₹99
Eligibility
Available Networks
visa
Pros & Cons
Pros
- 5X reward points on CSDs, groceries, and departmental stores.
- No joining or annual fee.
- 1% fuel surcharge waiver on all fuel transactions.
Cons
- No golf benefits.
- Reward points not earned on fuel, ATM withdrawal, balance transfer, cash withdrawal, EMIs, PLCC, fees, and other charges.
Additional Info
Max capped at 1,000 points per month.