ICICI Bank Credit Builder Programme

Charge

• Finance charge 3.75% per month (45% p.a.) on retail and cash advances (APR same for retail purchases, balance transfer, cash advances, non-payment of minimum due, late payment).
• Cash advance transaction fee 2.5% of advanced amount, min ₹500.
• Card replacement fee ₹200 (w.e.f. Jul 1, 2024).
• Add-on/Supplementary card fee ₹199 (w.e.f. Nov 15, 2024).
• Dynamic Currency Conversion fee 3.5% w.e.f. Jan 15, 2026 (was 1%) on transactions in Indian currency at international locations or at India merchants registered abroad, refunds also attract DCC fee.
• Rent Pay transactions 1% fee (MCC 6513).
• Fuel transaction fee 1% on transactions exceeding ₹10,000 (w.e.f. Nov 15, 2024).
• Utility transaction fee 1% on transactions exceeding ₹50,000 (w.e.f. Nov 15, 2024).
• Transportation transaction fee 1% on transactions exceeding ₹50,000 (w.e.f. Jan 15, 2026).
• Education payment fee 1% for payments via third-party apps (w.e.f. Nov 15, 2024).
• Skill-based gaming transaction fee 2% (w.e.f. Jan 15, 2026).
• Wallet load fee 1% on transactions of ₹5,000 or more (w.e.f. Jan 15, 2026).
• Over-limit charges 2.50% of over-limit amount (min ₹550).
• Fee on cash payment at branches ₹150 per transaction (w.e.f. Jan 15, 2026, was ₹100).
• Late payment charges slab: None below ₹100.
• ₹100 (₹100-500).
• ₹500 (₹501-1,000).
• ₹600 (₹1,001-5,000).
• ₹750 (₹5,001-10,000).
• ₹900 (₹10,001-25,000).
• ₹1,100 (₹25,001-50,000).
• ₹1,300 (above ₹50,000).
• Return of cheque / Auto-Debit return fee 2% of Total Amount Due (min ₹500) plus ₹50+GST.
• GST 18% applicable on all fees.

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Interest-free period

• Interest-free (grace) period could range from 18 to 48 days, with a 3-day grace period after the payment due date.
• No interest-free period on cash advances.

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Fuel surcharge waiver

• Fuel surcharge waiver of 1% of transaction value on HPCL petrol pumps (valid on max transaction of ₹4,000 via ICICI Merchant Services swipe machines) and 1% on all petrol pumps on select cards.
• Applicable for spends up to ₹50,000 per statement cycle.

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Redemption value

• Redemption Handling Fee plus GST on every redemption request: ICICI Bank Rewards Scheme ₹99.
• Catalogue Based Redemptions ₹99.
• Reward points have expiry of 36 months from the date of issuance.

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Reward cap

• Reward points accrued per statement cycle capped for certain MCCs: Utility ₹40,000, Insurance ₹40,000, Grocery and Departmental ₹20,000 (w.e.f. Nov 15, 2024) for Platinum Chip category.
• Transportation transactions capped at ₹10,000 per statement cycle (w.e.f. Feb 1, 2026).

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Reward exclusion

• No reward points on transactions in the Cash and Rent categories.
• No reward points on E-Wallet Reload category.
• No reward points on the Fuel category.
• No reward point on transactions routed through MCC 6513 (rent).

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source

Insurance

• ICICI Bank offers free insurance cover on certain cards through a tie-up with ICICI Lombard General Insurance Company Limited.
• The policy is governed by ICICI Lombard's terms and conditions, and claim-related queries must be taken up directly with ICICI Lombard (toll-free 1800-2666).

Verified · Most Important Terms & Conditions (MITC) – ICICI Bank Credit Cards (covers all cards incl. Credit Builder / Instant Platinum) · 2026-08-03 · source