ICICI Bank Expression Paywave Debit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Expression Paywave Debit Card is a versatile debit card designed for individuals seeking convenience, security, and personalization. It allows users to customize their card with a choice of images while offering the modern benefit of contactless payments through NFC technology. Key differentiating benefits include high transaction limits for both ATM withdrawals and shopping, a rewarding points system for domestic and international spends, and complimentary domestic airport lounge access based on spending.

Fees

• Joining Fee: ₹599 + GST
• Annual Fee: ₹599 + GST
• Reissuance Fee: ₹200 + GST

Rewards

• Personalised Card Design:
  • Choose from over 175 pre-installed templates across themes like Zodiac, Sports, and Travel.
  • Select from more than 200 images or upload your own to personalize the card.
• Contactless Payments (Tap and Pay):
  • Utilizes Visa Paywave technology for secure, PIN-free contactless transactions at supported terminals by simply waving the card.
  • Can be used with an Android Phone for Tap and Pay functionality.
• High Transaction Limits:
  • ATM Withdrawal Limits:
    • Domestic: Up to ₹1,00,000 daily
    • International: Up to ₹2,00,000 daily
  • Shopping Allowance Limits:
    • Domestic: Up to ₹5,00,000 daily
    • International: Up to ₹2,00,000 daily
• Reward Points:
  • Earn 2 reward points for every ₹200 spent domestically.
  • Earn 4 reward points for every ₹200 spent internationally.
• Domestic Lounge Access:
  • Get 2 complimentary domestic airport lounge accesses per calendar quarter.
  • Eligibility requires a minimum spend of ₹10,000 on the card in the previous calendar quarter.
  • This benefit is exclusively applicable to the primary cardholder.

Rewards Redemption Guide

• Reward points can be redeemed for a variety of categories, including:
  • Health & Beauty
  • Travel & Luggage
  • Shopping Vouchers
  • Home Appliances
  • Electronics
  • Fashion & Lifestyle

Card Review

The ICICI Bank Expression Paywave Debit Card is ideal for individuals who value both functionality and personal expression in their banking tools. Its standout features include the ability to personalize the card's design, robust contactless payment capabilities, and high daily transaction limits, making it suitable for frequent shoppers and travelers. The reward points system, particularly the higher earn rate on international spends, adds significant value. While it carries a joining and annual fee, the spend-based complimentary domestic lounge access can offset these costs for users who meet the spending criteria. Overall, it's a premium debit card offering a blend of convenience, security, and lifestyle benefits.

Important Product Details

• Positive Highlights:
  • Unique card personalization options with a wide gallery of images or custom uploads.
  • Secure and convenient Visa Paywave contactless payment technology.
  • High daily limits for both ATM withdrawals and shopping transactions, domestically and internationally.
  • Accelerated reward points for international spending.
  • Complimentary domestic airport lounge access for eligible spenders.
  • Card is valid for 7 years from the date of issue.
• Negative Highlights:
  • Applicable joining and annual fees.
  • Reissuance fee for lost or damaged cards.
  • Domestic lounge access is conditional on meeting a quarterly spending threshold.

Other Details

• Card Validity: The Expression Paywave Debit Card is valid for 7 years from the date of issue.
• Lost/Stolen Card: In case of a lost or stolen card, immediately inform ICICI Bank's 24-hour customer care or the nearest branch.
• Contactless Payment Safety:
  • Accidental transactions are minimized as the merchant must enter the amount and a PIN is required for every transaction.
  • You will be charged only once for a transaction, even if the card is waved or tapped multiple times accidentally.
  • Contactless payments can be made with the card in a purse or wallet, provided it is within 4 cm of the terminal and not obstructed by metal objects.
• Terms & Conditions: Applicable Terms & Conditions apply to the card features and benefits.