ICICI Credit Card - Get Informed Before Using One

ICICI bank is regarded as one of the biggest banks in India as they offer a wide range of investment and money making instruments to the consumers. They are also one of the largest credit card issuers in India as they have cards to meet the requirements of all kinds of users. An ICICI credit card can help you enjoy some exciting offers at really competitive rates. They offer value for money cards, classic cards, gold cards, premium cards, EMI cards, affinity cards and co-branded cards to their customers. Due to the presence of so many credit card schemes, you must get informed before choosing a suitable credit card for yourself. Every customer needs to do a little bit of research regarding the credit card schemes being offered by the bank.

With more than 6,000 ATM branches in India, ICICI bank enjoys a huge network that serves millions of customers in the country. With an ICICI credit card, you get the convenient facility of anytime ready cash. You can even make utility payments and get travel discounts when you swipe these credit cards. ICICI bank even facilitates 24*7 online procedures for the application of credit cards in India. You can make several online transactions, using your card, and even keep your funds secure with a single click. For using this credit card effectively, you’ll have to do a lot of important things that help you stay under the limit.

Go through the major details regarding the different ICICI credit cards available in the market.

Card Variant	Joining Fee (1st year)	Annual Fee (1st year)	Supplementary Card Fee (Annual)
ICICI Bank Sapphiro Credit Card	Rs 6,000	NIL	NIL
ICICI Bank Sapphiro Visa Credit Card	Rs 6,000	NIL	NIL
ICICI Bank Signature Credit Card	Rs 25,000	NIL	NIL

As on 20^th March, 2014

Knowing Your Monthly Spending Limit

Even though the ICIC bank credit cards come with a clear policy regarding your monthly spending limit, it is possible that you overlook the fact due to various reasons. It often happens that people don’t really pay attention towards their spending limit and they are the ones who end up going overboard. This might really prove to be costly for you as the bank charges a certain amount of penalty from the card holders who breach their spending limit.

Try and Get Rid of the Outstanding Balance Each Month

Every month of credit card usage should begin as a fresh chapter for you. For the best results, you should get rid of all the outstanding balance on your credit card as soon as possible. You shouldn’t let the amount get any bigger as you might face a lot of difficulty, while paying the interest on the total accumulated amount.

Know the Additional Fee being Charged by the Bank

ICICI bank charges a nominal amount of the annual fee against the usage of credit cards. Therefore, it is important for a card holder to know about any such charges so that he can be well prepared to reimburse them on time.

Use Your Rewards Wisely

When you use your ICICI credit card, you get plenty of rewards from different shopping outlets and brands in the country. These reward points add up to your account each time you shop using your card. If you’ve got a good number of accumulated points, then you must use them wisely to shop for an air ticket or a movie ticket. There are even some special privileges associated with your card and you must make use of them to your maximum advantage.

Choosing the Right Card

There are various types of credit cards being offered by the ICICI bank. If you’re a frequent shopper, then you could consider going for a shopping credit card and if you are more into flying regularly then you could opt for a travel credit card. It is crucial to choose a card according to your requirements rather than your wants.

The significance of getting informed before purchasing a credit card is immense. As a user, you should do everything that you can to make your experience worthwhile.