Credit Builder Program FAQs

ICICI Bank Instant Platinum Credit Card – It is a free card. There are no joining fees or renewal fees.

ICICI Bank Coral Credit Card against Fixed Deposit – Joining Fees – INR 500 + GST, Annual Fees – INR 500 + GST, reversed if Annual Spends is more than INR 150,000.

ICICI Bank Credit Cards offer a host of features and offers specially designed for our esteemed customers. Please reconsider your decision of cancelling your Credit Card.

In case you want to go ahead with the cancellation, please clear the outstanding amount due as on date and redeem the Reward Points accumulated against your Credit Card.

Please note that Reward Points will not be redeemable after the card has been cancelled.

We wish to inform you that there is a redemption facilitation fee of Rs 99 and Service Tax on Handpicked Rewards Scheme, catalogue-based redemption on the PAYBACK Rewards Scheme and ICICI Bank Rewards Scheme. For online and in-store redemption on the PAYBACK Rewards Scheme (redemption on PAYBACK Partner Brands like www.bookmyshow.com and www.makemytrip.com and in-store partners like Big Bazaar and HPCL), a redemption facilitation fee of Rs 25 plus Service Tax is applicable.

For any clarification or more information, call 1800 1080 from your registered mobile number. Alternatively, write to us at customer.care@icicibank.com from your registered e-mail ID.

You can avail of ICICI Bank Fixed Deposits for a minimum deposit of Rs 50,000 to avail an ICICI Bank secured Credit Card.

Choice of Plans:

Select from 2 Investment Plans:

Traditional Plan: Earn interest on a monthly/quarterly basis, as per your convenience, with a maturity period starting from 6 months.

Reinvestment Plan: Earn interest compounded quarterly and reinvested with the principal amount, with a maturity period ranging from 6 months to 10 years.

Yes, Customer can apply up to 3 supplementary cards at no extra charge. With Supplementary Add on Credit Card form, you will be required to enclose a copy of separate self attested proofs of identity and residential address of the proposed add on card holder.

For ICICI Bank Insta Credit Card the applicant needs to sign the terms and conditions before taking the card.

If the credit card payment is not paid for 60 days past due date or if the credit card outstanding becomes more than 95% of the Fixed Deposit amount, the Fixed Deposit will be liquidated.

Existing fixed deposit can be accepted as “guarantee” for issuing ICICI Bank Insta Credit Card. Original Fixed Deposit Receipt (FDR) should be submitted to branch along with application form.

Fixed Deposit nominee can request the Bank branch for card cancellation & Fixed Deposit closure. Copy of death certificate of primary card holder should be presented and attached with Insta Credit Card cancellation request form.

The credit limit will be 90% of the Fixed Deposit amount but cannot exceed INR 5 lakh.

Customer gets the card instantly from the branch or from the sales executive after filling up the Fixed Deposit form and providing KYC documents.

No, it can be issued only to the primary Fixed Deposit account holder.

ICICI Bank Insta Credit Card cannot be issued against joint Fixed Deposit.

Applicant has to submit prevailing KYC documents for opening a Fixed Deposit as a part of the application form. A self attested copy of the Identity proof is also required. Original FDR (Fixed Deposit Receipt) will be required in case of an existing Fixed Deposit.

It is mandatory for customers to have a Savings Account with the Bank. Standalone FDs are not eligible.

Because the KYC is done only for the primary Fixed Deposit holder, only he/she is eligible for the Credit Card.

Previously / Existing delinquent customers who pay off their waived off / entire outstanding amount respectively, can be offered this program.

Yes, Once the Instant credit card is active customer can apply for personalised credit card, Personalized credit card will have a Fee of Rs.100.

Waived amount is the amount of waiver or discount given to the customer during settlement. It includes principal waiver, interest waiver & income or charges reversal.

Minimum Fixed Deposit of INR 50,000 is required.

ICICI Bank Insta Credit Card also offers interest free credit period as applicable on other ICICI Bank credit cards to the cardholder along with all other benefits which are offered by similar ICICI Bank Gold Credit Cards. Details of the offers will be available in the welcome kit given to customers.

Both Traditional and Cumulative mode are allowed for ICICI Bank Insta credit cards. Also there should be no existing lien marked or partial withdrawal on the Fixed Deposit.

No, this is not permitted.

Yes. The Instant Credit Card will be issued on the Primary Holder’s name and consent of both Joint FD holders will be required for the Credit Card issuance.