ICICI BankICICI Bank Carbon Credit Card – Benefits, Fees & Eligibility
Is the ICICI Bank Carbon Credit Card Right for You?
The ICICI Bank Carbon Credit Card is best suited for users who prioritize Movies, Dining. With a joining fee of ₹1,000 + GST and a renewal fee of Nil, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of Earn 2 Reward Points on every Rs. 100 spent on retail transactions (fuel excluded)..
Key Card Details
₹1,000 + GST
Nil
Reward Points
3.5% of the transaction amount.
Notable Perks
Domestic Lounge
4 complimentary domestic airport lounge accesses per calendar quarter.
International Lounge
Not Applicable
Insurance
Not Applicable
Fee Waiver
Not Applicable
Movie Benefits
Up to 3 free movie tickets (B1G1) monthly on BookMyShow (max Rs. 400/ticket, max Rs. 300 on weekends).
Golf
Not Applicable
Things to Consider
The card is available by invitation only to existing ICICI Bank customers, limiting accessibility.
A rewards redemption fee of Rs. 99 (plus taxes) is charged for each redemption request.
A relatively high foreign currency markup of 3.5% applies to international transactions.
Benefits & Features
Welcome Offer
Not Applicable
Rewards Rate
Earn 2 Reward Points on every Rs. 100 spent on retail transactions (fuel excluded).
Reward Type
Reward Points
Reward Redemption
Redeem points for cashback/gifts (1 RP = Re. 0.25). Redemption fee Rs. 99+taxes applies.
Domestic Lounge Access
4 complimentary domestic airport lounge accesses per calendar quarter.
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie
Up to 3 free movie tickets (B1G1) monthly on BookMyShow (max Rs. 400/ticket, max Rs. 300 on weekends).
Dining
Assured 15%+ discount at participating restaurants via ICICI Bank Culinary Treats Programme.
Travel Benefits
Up to Rs. 1,500 off on flights and 10% discount on domestic/international hotel bookings.
What matters, explained clearly
Introduction
The ICICI Bank Carbon Credit Card, powered by VISA CodeSure, was launched in 2013 as Asia's first card with an in-built microprocessor, designed to provide enhanced security for online transactions. It features a 12-digit touchpad that allows users to enable a 4-digit One-Time Password (OTP) during transactions. Despite its advanced security features, the card comes with a one-time fee of Rs. 1,000 and offers a range of valuable benefits. Cardholders earn 2 Reward Points on every retail spend of Rs. 100, which can be redeemed across various products and categories. Additionally, it provides discounts of 15% or more on dining, up to 3 free movie tickets every month through BookMyShow, and significant travel benefits including 4 complimentary domestic lounge visits per quarter, up to Rs. 1,500 off on flight bookings, and a 10% discount on domestic and international hotel bookings.
Fees
- Joining Fee: Rs. 1,000 + GST
- Renewal Fee: Nil
- Rewards Redemption Fee: Rs. 99 (plus applicable taxes) per redemption request
- Foreign Currency Markup: 3.5% of the transaction amount
- Interest Rates: 3.4% per month (equivalent to 40.8% per annum)
- Fuel Surcharge: 2.5% fuel surcharge waiver at all fuel stations for transactions up to Rs. 4,000
- Cash Advance Charges: 2.5% of the cash amount withdrawn or a minimum of Rs. 300
Rewards
Rewards Rate
- Earn 2 Reward Points on every retail transaction of Rs. 100.
- Fuel transactions are not eligible for Reward Points.
Movies
- Up to 3 free movie tickets every month on BookMyShow.
- Get 1 free ticket on buying 1 movie ticket at BookMyShow.
- You can avail of up to 2 free movie tickets every month, each worth up to Rs. 400.
- 'Buy 1 get 1 free' offer on movie tickets bought on weekends on BookMyShow under the VISA blockbuster weekends program, allowing 1 free ticket worth up to Rs. 300 each month.
Dining
- Get an assured discount of 15% or more across various participating restaurants through the ICICI Bank Culinary Treats Programme.
Travel
- Get complimentary airport lounge access every quarter.
- 4 complimentary domestic lounge access per calendar quarter.
- Avail exclusive discount offers on flight and hotel bookings.
- Up to Rs. 1,500 off on flight bookings.
- A 10% discount on domestic/international hotel bookings.
Fuel
- Get a 2.5% fuel surcharge waiver across all fuel stations for transactions up to Rs. 4,000.
Rewards Redemption Guide
- Reward Points earned can be redeemed against cashback, gifts, and several other options.
- The redemption rate is 1 Reward Point = Re. 0.25.
- To redeem your earned rewards against gifts, call on 1860-258-5000.
- To redeem your points against your card’s outstanding balance, call on 080-40146444.
- A Rewards Redemption Fee of Rs. 99 (plus applicable taxes) will be charged per redemption request.
Card Eligibility Criteria
- The ICICI Bank Carbon Credit Card is issued only to selected ICICI Bank credit card holders.
- This card is available by invitation only.
- Only existing ICICI Bank cardmembers are eligible to get this card.
Card Review
The ICICI Bank Carbon Credit Card is considered a significant credit card, primarily due to its advanced security features for online transactions, making it a privilege to own. With just a one-time fee, it provides several exclusive benefits that many cards with higher fees do not offer. Cardholders can achieve substantial savings across various spending categories, thanks to Reward Points on retail transactions, free movie tickets every month, and attractive discount offers on flight and hotel bookings. The main consideration for this card is its exclusivity: it is available only by invitation to existing ICICI Bank cardmembers. For those who meet this criterion, acquiring the ICICI Bank Carbon Credit Card is highly recommended.
Important Product Details
- Highly secure credit card for online transactions, powered by VISA CodeSure with an in-built microprocessor and a 12-digit touchpad for 4-digit OTP generation.
- Earn 2 ICICI Reward Points per Rs. 100 spent using the card.
- Up to 3 free movie tickets every month.
- Get a 15% or more discount on dining.
- Receive complimentary airport lounge access every quarter, including 4 complimentary domestic lounge accesses per calendar quarter.
- Enjoy up to Rs. 1,500 off on flight bookings.
- Avail a 10% discount on hotel bookings.
- Benefit from a 2.5% fuel surcharge waiver at all fuel stations for transactions up to Rs. 4,000.
- Comes with a one-time fee of Rs. 1,000 + GST.
Other Details
- The card was launched in 2013.
- Best Suited For: Movies, Dining.