ICICI Bank Parakram Credit Card

  • Joining Fee: Nil
  • Renewal Fee: Nil
  • Best Suited For: Travel | Shopping
  • Reward Type: Reward Points |
  • Welcome Benefites: NA
Add to Compare

The ICICI Bank has launched two new cards dedicated solely to the benefit of Defence Personnel. These cards are ICICI Bank Parakram Credit Card and  railway lounges. While talking about ICICI Bank Parakram Credit Card, this credit card has exclusive rewarding features. There are marvelous benefits of holding these cards which also include the specialized reward plan where you can earn 5 reward points in selected categories. The primary cardholder is also entitled to Personal Accident Insurance of Rs. 2 Lakh along with an Air Accident Cover of Rs. 20 Lakhs. The benefit of culinary treats is an add-on by the ICICI Bank Culinary Treats Program. To protect the card from any fraud, counterfeiting, and duplication, there is an extra layer of security added to the microchip present in the card. This card offers you rewards on multiple platforms and also the opportunity to get value back on your every other purchase. Since the card is specifically designed to fulfill the needs of defence personnel, you get 5X reward points on your purchases with Canteen Store Departments as well. The best feature of this credit card is the complimentary railway lounge access it provides. This feature will surely make the journey of many soldiers easier while they will travel to report for their post. Have a thorough look at the credit card by ICICI bank especially designed for the defence people –

New Features

Spend Based Waiver

NA


Interest Rates

3.40% per month or 40.8% annually


Add-on Card Fee

Nil

Rewards Redemption Fee

Rs. 99 per reward redemption request


Fuel Surcharge

1% fuel surcharge waiver on all fuel transactions

Foreign Currency Markup

3.5% per month or 42% annually


Cash Advance Charges

2.50% of the withdrawn amount or a minimum of Rs. 300

Movie & Dining

Dining benefits with ICICI Bank Culinary Treats Programme


Travel

2 Complimentary domestic railway lounge access


International Lounge Access

NA

Rewards Rate

5X reward points for every Rs. 100 spent on CSDs, groceries, and departmental stores and 1 reward point for every Rs. 100 spent on all other expenses


Golf

NA


Insurance Benefits

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

Reward Redemption

Rs. 99 will be charged on every reward redemption request


Domestic Lounge Access

2 Complimentary domestic railway lounge access


Zero Liability Protection

Cardholder will not be liable for any transactions made with the card, once the theft or misplacement is reported

Pros

No data available

Cons

No data available

Similar Cards

Add to Compare

KVB Corporate Credit Card

KVB Corporate credit card is a Visa card offered by the Karur Vysya Bank. You get 2 reward points on every Rs 100 spent using your credit card. In addition to this, you also get 2 complimentary lounge access in India using the KVB corporate credit card. There are various other benefits and rewards associated with the KVB corporate credit card. Read below to know more about this credit card.

View More
Add to Compare

InterMiles ICICI Bank Coral Credit Card

InterMiles ICICI Bank Coral Credit Card is a co-branded credit card that is issued by the bank in partnership with intermiles.com. Best suited for travel, this card rewards its customers in the form of InterMiles. You can earn up to 7.5 InterMiles on every Rs. 100 you spend with this card. With a joining fee of Rs. 1,250, the card welcomes you with 2,500 bonus InterMiles and travel-related vouchers worth Rs. 750. Along with the InterMiles, you also get exclusive complimentary airport lounge access every quarter. The benefits of this card are not only limited to travel, but you also get exciting discount offers on movies and dining. Other than all this, there are several exclusive features of the card that you must know. Keep reading to get all the details about the card:

View More
Add to Compare

Canara Bank RuPay Platinum Credit Card

The Canara Bank RuPay Platinum credit card by Canara Bank is a basic credit card. The card comes with zero joining and renewal fees and is very much similar to the RuPay Select credit card in terms of reward rate and benefits. We have already covered the Select credit card in one of our earlier posts. The card offers you a reward rate of 0.5% and travel-related insurance benefits including a personal air accident cover worth Rs. 8 lacs. Read on to learn more about this entry-level offering by the Canara Bank.

View More