ICICI Bank offers various credit cards with different reward programs, each with its own terms and conditions. While I can’t provide the specific terms and conditions for every ICICI credit card as they may vary, here are some general points that are commonly found in credit card reward programs.
ICICI credit card reward points term and conditions
- Earning Reward Points: Cardholders typically earn reward points for every eligible transaction made using their credit card. The number of points earned may vary based on the type of transaction (e.g., retail purchases, dining, fuel, etc.), and some transactions may be excluded from earning points (like cash advances or balance transfers).
- Validity Period: Reward points often have an expiration date. If not redeemed within the specified period, the points may expire and become invalid.
- Redemption Options: ICICI Bank usually offers various redemption options for reward points, such as merchandise, gift vouchers, air miles, cashback, bill payments, or charity donations. The availability of redemption options may vary based on the specific credit card.
- Redemption Process: Cardholders may need to log in to their ICICI net banking account or use the dedicated rewards portal to redeem their points. Some cards may allow for instant redemption at partner merchants or through specific channels.
- Conversion Rates: The value of reward points may differ depending on how they are redeemed. For instance, the conversion rate for redeeming points for merchandise may be different from redeeming them for cashback.
- Annual Fee and Renewal: Some credit cards may have an annual fee, and the availability of reward points or their earning rates may be linked to the payment of this fee.
- Terms and Conditions Changes: ICICI Bank reserves the right to modify the terms and conditions of their reward programs, including earning rates, redemption options, and validity periods. Cardholders are typically notified of any changes in advance.
Table of Contents
Advantages and Eligibility
Elevate your banking experience with the ICICI Rewards Program. Seamlessly earn rewards for every financial move you make, whether it’s swiping your credit card or managing your savings. Maximize your benefits and join today.
- Versatile Redemption Options: ICICI Rewards Program offers a plethora of redemption options, including but not limited to travel bookings, merchandise purchases, bill payments, gift vouchers, and even cashback.
- Earn Points Easily: Members of the program can earn reward points effortlessly through everyday banking activities such as credit card spending, bill payments, and other transactions.
- Special Offers and Discounts: Program members often receive exclusive access to special offers, discounts, and deals on various products and services, including travel, dining, shopping, and entertainment.
- Tier-based Benefits: Depending on the tier level, members may unlock additional privileges such as accelerated point earnings, milestone bonuses, complimentary services, and dedicated customer support.
- Enhanced Security: ICICI Bank prioritizes the security of its customers’ transactions and data, ensuring peace of mind while engaging in various rewards program activities.
- ICICI Bank Customers: The primary eligibility criterion for the ICICI Rewards Program is being a customer of ICICI Bank. This includes individuals holding savings accounts, credit cards, loans, or any other products offered by ICICI Bank.
- Credit Cardholders: Specifically, ICICI credit cardholders automatically become members of the rewards program upon acquiring a qualifying credit card. Different cards may offer different benefits and earn rates, but they all contribute towards the rewards program.
- Savings Account Holders: Some variants of ICICI savings accounts may also offer participation in the rewards program, allowing customers to earn points through activities like online banking, bill payments, and more.
- Meeting Minimum Transaction Criteria: In certain cases, there might be minimum transaction criteria or spending thresholds to qualify for certain rewards or to maintain a particular tier status within the program.
Earn rewards with ICICI credit card
Here is an example showcasing the top ICICI credit cards for reward points:
| Credit Card Name | Annual Fee | Reward Points | Reward Points Value | Additional Benefits |
| ICICI Bank Coral Credit Card | Rs. 500 (based on annual spend of Rs. 1.50 lakhs) | Earn 2 reward points per Rs. 100 spent on grocery, dining, and supermarkets; 1 reward point per Rs. 100 on other purchases | 1 Reward Point = Rs. 0.25 | Complimentary lounge access, fuel surcharge waiver, discounts on dining, and more |
| ICICI Bank Sapphiro Credit Card | Rs. 3,500 | Earn up to 4 reward points per Rs. 100 spent; accelerate rewards on dining, travel, and international spends | 1 Reward Point = Rs. 0.50 | Complimentary airport lounge access, golf privileges, concierge services, and more |
| ICICI Bank Rubyx Credit Card | Rs. 2,000 | Earn up to 2 reward points per Rs. 100 spent; accelerate rewards on dining and international spends | 1 Reward Point = Rs. 0.50 | Complimentary airport lounge access, dining discounts, fuel surcharge waivers, and more |
| ICICI Bank Platinum Credit Card | Nil | Earn 2 reward points per Rs. 100 spent on retail purchases | 1 Reward Point = Rs. 0.25 | Fuel surcharge waiver, discount on dining, and more |
Earn ICICI credit card reward points.
To accumulate ICICI credit card reward points, engage in transactions and activities according to your card’s terms and conditions. Here are some common methods.
- Regular Spending: You can earn reward points on your everyday purchases such as groceries, fuel, dining, shopping, etc., depending on the reward structure of your credit card. Typically, you earn a certain number of reward points for every rupee spent.
- Welcome Bonus: Many credit cards offer a welcome bonus in the form of reward points when you sign up for a new card. These bonus points are usually credited to your account upon meeting certain spending criteria within a specified time frame.
- Online Shopping: Some credit cards offer bonus points for transactions made online, especially on partner websites or through specific online portals.
- Fuel Surcharge Waiver: If your credit card offers a fuel surcharge waiver at partner fuel stations, you may earn additional reward points for fuel purchases.
- Travel Expenses: Certain credit cards offer extra reward points for travel-related expenses such as flight bookings, hotel stays, and car rentals.
- Bill Payments: Some credit cards offer reward points for paying utility bills, insurance premiums, and other recurring expenses.
- Special Promotions: Keep an eye out for special promotions and offers from ICICI Bank that allow you to earn bonus reward points for specific transactions or spending categories.
- International Transactions: Depending on your credit card, you may earn extra reward points for transactions made outside India.
- Annual Fee: In some cases, credit cards may offer bonus reward points as a renewal benefit when you pay the annual fee.
- Refer-a-Friend: Some credit cards offer referral bonuses in the form of reward points when you refer a friend or family member who successfully applies for the same credit card.
Redeem ICICI credit card reward points easily
You have choices for using your ICICI Bank credit card reward points.
- Log in to your ICICI Bank internet banking account.
- Navigate to the credit card section.
- Look for the rewards or reward points redemption option.
- Follow the instructions to choose your reward and complete the redemption process.
- Download and install the ICICI Bank mobile banking app on your smartphone.
- Log in to the app using your credentials.
- Navigate to the credit card section.
- Look for the rewards or reward points redemption option.
- Select your desired reward and follow the instructions to redeem your points.
- Call ICICI Bank customer service using the phone number provided on the back of your credit card.
- Inform the customer service representative that you want to redeem your reward points.
- Provide the necessary details and follow the instructions provided by the representative.
- You can also visit the nearest ICICI Bank branch.
- Speak to a bank representative and inform them about your intention to redeem your credit card reward points.
- They will assist you through the process and help you choose your desired reward.
ICICI rewards points to cash
- Log in to Your ICICI Account: Access your ICICI Bank account online through the official website or mobile app.
- Navigate to the Rewards Section: Look for the rewards section or tab within your account dashboard. This is where you’ll find information about your accumulated reward points and redemption options.
- Check Redemption Options: Explore the different redemption options available. Typically, ICICI Bank offers various redemption options such as merchandise, gift vouchers, travel bookings, bill payments, and cashback.
- Select Cash Redemption: If cash redemption is available, choose this option from the list of redemption choices. There might be a specific section dedicated to cash redemption.
- Enter Details: Follow the prompts to enter the necessary details. This may include the amount of reward points you want to redeem for cash and any other required information.
- Confirm Redemption: Review your redemption request and confirm it. Ensure that you understand any fees or conversion rates associated with converting reward points into cash.
- Receive Cash: Once your redemption request is processed and approved, the cash equivalent of your reward points should be credited to your bank account or provided through another specified method.
Suggested Read: ICICI MakeMyTrip credit card reward points
FAQs
Can I claim my ICICI Bank reward points?
Yes, you can typically claim your ICICI Bank reward points through various means, depending on the specific rewards program you’re enrolled in. Here are some common methods:
- Online Redemption: Most banks offer an online portal where you can log in to your account, view your accumulated reward points, and redeem them for various rewards such as merchandise, gift vouchers, travel bookings, etc.
- Mobile App: ICICI Bank may also have a mobile banking app through which you can access your reward points balance and redeem them.
- Customer Service: You can contact ICICI Bank’s customer service either through phone or in-person at a branch to inquire about your reward points and redemption options.
- Travel Redemptions: If your rewards program offers travel-related benefits, you may be able to redeem your points for flights, hotel stays, or other travel expenses.
ICICI credit card points’ rupee value?
The value of ICICI Bank credit card reward points in rupees can vary depending on the specific credit card and the redemption option chosen. Generally, the value of reward points can range from approximately 0.25 to 0.75 rupees per point.
Can I convert ICICI reward points to cash?
Sure, ICICI Bank allows customers to redeem reward points for cash through various options, but terms vary based on account type, card, and offers.
How do I check my ICICI reward points balance?
To check your ICICI reward points balance, you typically have several options:
- Online: Log in to your ICICI Bank internet banking account. Once logged in, navigate to the credit card section or rewards section. You should be able to view your reward point balance there.
- Mobile App: If you have the ICICI Bank mobile banking app installed on your smartphone, you can log in and check your reward points balance there. Look for the rewards or credit card section within the app.
- SMS: Check your reward points balance via SMS using the format and instructions provided by ICICI Bank.
Where should I contact for ICICI PAYBACK points related issues?
To address ICICI PAYBACK points-related issues, you can contact ICICI Bank’s customer service. Here’s how you can reach them:
- Customer Care Helpline: You can call ICICI Bank’s customer care helpline at 1860 120 7777 (India) or +91 40 7140 3333 (for overseas) to inquire about your PAYBACK points or any related issues.
- Email Support: You can also send an email detailing your issue to ICICI Bank’s customer support email address: customer.care@icicibank.com. Make sure to include your account details and PAYBACK points information for a quicker resolution.
- Branch Visit: If you prefer face-to-face interaction, you can visit your nearest ICICI Bank branch and speak to a customer service representative regarding your PAYBACK points.
- Online Chat: ICICI Bank also offers online chat support on its website. You can log in to your ICICI Bank account online and initiate a chat session to discuss your PAYBACK points-related concerns.
Best Rewards Credit Cards
American Express Membership Rewards Credit Card:
This card offers reward points on every purchase, which can be redeemed for various options, including travel bookings, gift vouchers, and merchandise. American Express also frequently runs promotions and tie-ups with merchants for additional benefits.
Earn reward points on all purchases, including accelerated points for shopping, dining, and groceries. Redeem points for flights, hotel stays, or merchandise.
HDFC Bank Regalia Credit Card:
HDFC Bank’s Regalia Credit Card offers reward points on both domestic and international spending, with additional benefits such as lounge access, travel insurance, and concierge services. The accumulated points can be redeemed for flights, hotel bookings, and other options.
Hey there! Are you ready for some awesome perks? This card gives you reward points for stuff like eating out, buying groceries, and shopping at department stores. Plus, you get free lounge access, cool travel perks, and awesome milestone rewards!
With this card, you’ll rack up extra points for dining, travel, and shopping, plus cool extras like lounge access, milestone bonuses, and personal concierge help.
Check out India’s Best Credit Cards!
- HDFC Bank Regalia Credit Card: Offers high reward points on both domestic and international spends. It also provides lounge access, insurance coverage, and concierge services.
- SBI SimplyCLICK Credit Card: Ideal for online shopping enthusiasts, offering accelerated rewards on online spends. It provides extra rewards for specific online partners like Amazon, Flipkart, etc.
- American Express Platinum Travel Credit Card: Suitable for frequent flyers, offering travel vouchers, complimentary airport lounge access, and accelerated rewards on travel-related expenses.
- Axis Bank Vistara Infinite Credit Card: Provides complimentary domestic lounge access, free tickets on annual spends, and accelerated rewards on Vistara flights.
Premium Lifestyle:
- Citibank Prestige Credit Card: Targets high-net-worth individuals, offering benefits like complimentary golf, airport lounge access, hotel privileges, and concierge services.
- Standard Chartered Ultimate Credit Card: Provides premium lifestyle benefits such as complimentary golf, lounge access, and exclusive dining privileges.
- IndianOil Citi Platinum Credit Card: Offers accelerated rewards and cashback on fuel spends at IndianOil outlets, along with additional benefits like dining and shopping rewards.
- BPCL SBI Card Octane: Provides accelerated rewards and cashback on fuel spends at BPCL outlets, along with rewards on grocery and department store purchases.
- Axis Bank ACE Credit Card: Comes with a low annual fee and offers accelerated rewards on dining, groceries, and utility bill payments.
- ICICI Bank Platinum Chip Credit Card: No annual fee card with basic benefits like fuel surcharge waiver and discounts on dining and shopping.
- ICICI Bank Student Travel Card: Designed for students traveling abroad for studies, offering forex services, emergency assistance, and rewards on education spends.
- SBI Student Plus Advantage Card: Provides benefits like a fuel surcharge waiver, discounts on dining and shopping, and rewards on education spends.