ICICI Bank Parakram Select Credit Card

  • Joining Fee: Nil
  • Renewal Fee: Nil
  • Best Suited For: Shopping
  • Reward Type: Reward Points |
  • Welcome Benefites: N/A
Add to Compare

ICICI Bank has launched two credit cards for the JAWANS who serve the country which are ICICI BANK PARAKRAM SELECT Credit Card and ICICI BANK PARAKRAM Credit Card. These credit cards are solely for individuals “dedicating their lives to serve the nation” as the bank quoted. Now the soldiers of the Indian Army or serving any other forces of the country have the privilege to borrow money whenever they need it. They can use credit cards and even earn rewards for their daily expenses. The rewards with ICICI BANK PARAKRAM SELECT Credit Card get 5X with the expenses on groceries, department stores, and CSDs (Canteen Store Departments). The cardholders will also be able to get complimentary domestic airport and railway lounge access every year. Along with that, they will also be eligible for golf rounds upon reaching a milestone every month. The ICICI Bank has presented the PARAKRAM SELECT with a specialized rewards plan with which the cardholder will get a value back on every type of expense they make. This credit card comes with a microchip embedded in it for additional security against any counterfeit and duplicate cards. The best part is that there is no joining or annual fee to get this credit card. The applicant just had to meet the eligibility criteria. To get a detailed view of the ICICI BANK PARAKRAM SELECT Credit Card, keep reading:

New Features

Spend Based Waiver

Nil


Interest Rates

3.40% per month or 40.8% annually


Add-on Card Fee

Nil

Rewards Redemption Fee

Rs. 99 charged on every reward redemption request


Fuel Surcharge

1% fuel surcharge waiver on all fuel transactions across the country

Foreign Currency Markup

3.5% per month or 42% annually


Cash Advance Charges

2.50% of the withdrawn amount or the subject to a minimum of Rs. 300 charges

Movie & Dining

Dining offers under ICICI Bank Culinary Treats Programme.


Travel

2 complimentary domestic airport and railway lounge visits per quarter.


International Lounge Access

N/A

Rewards Rate

5X reward points on every Rs. 100 spent on grocery, departments store, and CSDs and 2 reward points for every Rs. 100 spent on other applicable expenses, and 1 reward point on every Rs. 100 spent on insurance and utility bills.


Golf

Complimentary golf rounds if you spend more than Rs. 50,000 in a month (max capped 4 times per month)


Insurance Benefits

Personal accident insurance of Rs. 2 Lakh and Air Accident Cover of Rs. 20 Lakh.

Reward Redemption

The reward redemption rate is Rs. 0.25 = 1 RP


Domestic Lounge Access

2 complimentary domestic airport lounge access and 2 complimentary domestic railway lounge access per quarter.


Zero Liability Protection

Once reported, the cardholder will not be liable for any transactions made with the card.

Pros

No data available

Cons

No data available

Similar Cards

Add to Compare

RBL Bank PLATINUM MAXIMA CARD

The RBL Bank Platinum Maxima Credit Card comes with several exclusive benefits & exciting discount offers to provide its customers with the best Reward experience. With a joining fee of Rs. 2,000, the card welcomes you with a bonus of 8,000 Reward Points (equivalent to Rs. 2,000). You get 2 Reward Points for every Rs. 100 you spend using this card and you get 5x Reward Points when you spend on fuel, utility bills, dining, entertainment, and international purchases. Moreover, you can earn up to 20,000 bonus Reward Points every year on the basis of your annual spending. Not only this, but the card also provides exciting movie benefits as you get 1 complimentary movie ticket every time you book 2 or more movie tickets on BookMyShow. Talking about travel benefits, you get 2 complimentary domestic lounge access every quarter with your RBL Bank Platinum Maxima Credit Card. The list of the benefits of this card goes on. To know all of them, refer to the details given below:

View More
Add to Compare

Indusind Bank Pioneer Heritage Credit Card

IndusInd Pioneer Heritage credit card is one of the few Mastercard world elite cards in India, which is offered to their elite customers. The card comes in two variants Pioneer Heritage credit card and Pioneer Heritage Metal credit card. Pioneer Heritage Metal variant is the first metal card issued by IndusInd Bank and comes with more premium benefits. The card provides you with welcome gift vouchers from the Oberoi hotels and a Luxe Gift card. You get exclusive benefits on this credit card across a wide range of categories, including entertainment, dining, traveling, and shopping. With the metal card, you get unlimited lounge access in India and worldwide and with another one you get 8 complimentary domestic & international lounge access every year. Moreover, this card provides you with 1+1 movie ticket bookings and a 20% discount on no-movie bookings with BookMyShow. You get exclusive offers and special discounts on dining on this credit card. Other than all these exclusive benefits, the card comes with a great reward program providing 2.5x reward points on international transactions. Read below to know more in detail about this credit card.

View More
Add to Compare

Union Bank’s Rupay Combo Debit Cum Credit Card

Union Bank’s Rupay Combo Debit Cum Credit Card is a card that provides you with the benefits and privileges of both a debit card and a credit card. You can switch between the two, alternatively as may be fit to need and requirements. The card comes with two separate card numbers, magnetic strips, chips, and CVV numbers. With this card, you can enjoy complimentary lounge access upto 4 every year using this card. Moreover, you get cashback on utility bill payments and dining using this credit. The card also comes with several additional benefits such fuel surcharge waiver and 24×7 concierge services. Read below to know more about this credit card in detail.

View More