ICICI Bank is set to launch a high-end credit card that blends premium benefits with essential payment categories. Here’s what you need to know:
Reward Point Structure
Earn up to 5,000 reward points in selected categories:
- Utilities (MCC codes: 4900, 4901, 3887)
- Insurance Premiums (MCC codes: 6300, 6381, 6399)
- Education Expenses (MCC codes: 8220, 8241, 8244, 8249, 8299, 8493, 8494, 7911)
- Government Payments (House tax, fines, court payments, etc.) (MCC codes: 9222, 9311, 9313, 9211, 9399, 9402, 9405)
Card Highlights
1. Luxury Positioning: With high-end perks and a lower forex markup, this card is designed for high-spenders, positioning itself alongside cards like the Axis Olympus.
2. Zero Cash Advance Charges: A unique benefit that adds value for frequent cash withdrawals.
3. Premium Benefits: Tailored for significant spending across necessary payment categories.
This card marks ICICI’s shift toward luxury offerings after recent devaluations in its other cards. It’s an exciting choice for those looking to maximize rewards on essential and government transactions.
Apply here: ICICI Bank Credit Card