ICICI Credit Card Reward Points

ICICI Bank gives rewards to people who use their credit cards. These rewards come in different types depending on the type of credit card you have. Some cards give Hand-picked rewards, while others give PAYBACK rewards. You can use these rewards to get things like e-vouchers or gift cards from the rewards catalogue. If you want to know more about how to earn and use these rewards, keep reading.

Top ICICI Credit Cards for Reward Points

The rewards you get with ICICI credit cards depend on which card you have and how you spend your money. Different cards offer different types of rewards, like PAYBACK points or regular reward points. Here are some of the best ICICI credit cards and what they offer:

Credit Card Annual Fee Reward Benefits
MakeMyTrip ICICI Bank Platinum Credit Card NIL

1 My Cash per Rs. 200 domestic spend and 1.25 My Cash per Rs. 200 international spend outside MakeMyTrip

2 and 3 My Cash per Rs. 200 spent on flight and hotel/holiday bookings respectively on MakeMyTrip

ICICI Bank Rubyx Credit Card Rs. 2,000

2 reward points on every Rs. 100 domestic spend (except fuel)

4 reward points on every Rs. 100 international spend

1 reward point on  every Rs. 100 spent on utilities and insurance

ICICI Bank Sapphiro Credit Card Rs. 3,500

2 reward points on every Rs. 100 domestic spend (except fuel)

4 reward points on every Rs. 100 international spend

1 reward point on  every Rs. 100 spent on utilities and insurance

ICICI Bank Coral Credit Card Rs. 500

2 PAYBACK points on every Rs. 100 spent (except fuel)

1 PAYBACK point on every Rs. 100 spent on utilities and insurance

ICICI Platinum Chip Credit Card NIL

2 reward points per Rs. 100 retail spend (except fuel)

1 reward point per Rs. 100 spent on utilities and insurance

How to Earn ICICI Credit Card Reward Points

You can accumulate rewards with ICICI Bank across different categories through various methods. Follow the steps below to earn ICICI reward points quickly and effectively:

  1. Regular Shopping: Earn reward points on everyday purchases like groceries, dining out, clothing, online shopping, and other retail items.
  2. Supplementary Cards: Gift up to 2 supplementary cards to family members above 18 years old. This allows you to earn rewards faster on the same account while sharing the benefits.
  3. High-Value Purchases: Use your ICICI credit card for expensive purchases such as jewelry, holiday bookings, and travel expenses to accumulate rewards faster.

How to Redeem ICICI Credit Card Reward Points

You have two options for redeeming ICICI Bank credit card reward points and accessing exciting offers and vouchers from the rewards catalogue. You can either redeem them online through net banking or offline by contacting the ICICI customer care center. Here are the detailed steps for redeeming your points:

Redeem ICICI Credit Card Reward Points Online

ICICI cardholders can use their credit card reward points online through internet banking on the bank's official website. If a cardholder doesn't have internet banking login details, they can call ICICI's 24-hour customer care to get them. Here are the steps to redeem points online:

Step 1: Visit the official ICICI website and log in using your Internet Banking ID and password.

Step 2: Navigate to the ‘Reward Points’ section on the Credit Cards page.

Step 3: Click on ‘Redeem Online’.

Step 4: Select the item you want to redeem your points for from the drop-down menu.

Step 5: Confirm your selection and make a note of the unique order number provided for reference.

Redeem ICICI Credit Card Reward Points Offline

If you prefer not to redeem your ICICI reward points online, you can use the bank's offline redemption method. Here are the steps for offline redemption:

Step 1: Check out the rewards catalogue on the ICICI website.

Step 2: Dial the ICICI customer care number based on your city.

Step 3: Provide the item code of the reward offer you wish to redeem your points for.

Step 4: Verify the order and jot down the unique order number for future reference.

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How to Redeem PAYBACK Points

Since the introduction of the new ICICI Rewards Program in April 2022, PAYBACK points earned through ICICI credit cards can no longer be redeemed on the ICICI website. Instead, users must now redeem their PAYBACK points exclusively through the official PAYBACK portal. They can view the PAYBACK Rewards E-catalogue on the website and redeem points for chosen items or e-vouchers. This can be done online by logging in or by calling the Contact Centre at 1860-258-5000 between 10:00 AM and 9:00 PM.

How to Convert ICICI Reward Points into InterMiles

You can also convert your ICICI reward points into InterMiles with certain ICICI credit cards. You'll need a minimum of 300 reward points for this conversion. Here's how to do it:

Step 1: Call ICICI Bank customer care at 1800 1080 to initiate the conversion of your reward points to InterMiles.

Step 2: Provide your InterMiles membership number to the phone banking officer.

Step 3: Specify the number of ICICI reward points you want to convert into InterMiles.

The InterMiles will be credited to your InterMiles membership account within 15 working days after the conversion request. Note that every 300 ICICI reward points are equivalent to 200 InterMiles.

ICICI Credit Card Reward Points - Terms & Conditions

Previously, ICICI Bank offered credit card reward points through three different programs: ICICI reward points, PAYBACK points, and Hand-picked reward points. However, starting from April 1st, 2022, a new ICICI Rewards Program has replaced PAYBACK points. Now, cardholders can earn ‘ICICI reward points’ on their spending and redeem them through the reward catalogue on the bank’s website. These points can be used to purchase vouchers, offers, e-gift cards, and even for charity donations.

Here are some key points to remember about the ICICI Bank Credit Card Rewards Program:

  1. ICICI reward points earned under the new program are valid for 3 years from the date of issuance.
  2. There is no minimum requirement for redeeming ICICI reward points.
  3. A redemption handling fee of Rs. 99 + GST is charged to credit cardholders under the ICICI Bank rewards scheme.
  4. Hand-picked rewards do not expire as long as there are no overdue payments on all your ICICI accounts.
  5. Under the PAYBACK points scheme, users are charged Rs. 99 for catalogue-based redemptions and Rs. 25 for online and in-store redemptions at PAYBACK partner brands.
  6. The ICICI PAYBACK points program, which allowed earning PAYBACK points from ICICI credit cards, is no longer available from April 2022 onwards.
  7. PAYBACK points accrued before the mentioned date can be redeemed within 3 years from their issuance.

ICICI Credit Card Reward Points FAQs

1. Can I redeem my PAYBACK points from ICICI website?

After March 31, 2022, you can only redeem or access your PAYBACK points through the PAYBACK website, call center, app, or PAYBACK partners. The ICICI Bank channels no longer support access or redemption of PAYBACK points following the introduction of the new rewards program.

2. Where should I contact for ICICI PAYBACK points related issues?

To resolve any disputes regarding PAYBACK points, you can contact the PAYBACK customer call center at 1860 258 5000. This service is available every day from 10:00 AM to 9:00 PM.

3. How do I check my ICICI reward points balance?

You can check your ICICI reward points balance through internet banking or the iMobile app by logging into your account. Similarly, you can verify your PAYBACK points balance via the PAYBACK website or by sending an SMS. Simply send 'DCPBAL [last 4 digits of your ICICI Bank Account Number]' to 9212146468 from your registered mobile number.

4. When do the points reflect in the ICICI Rewards account?

It typically takes 24-48 hours after a purchase transaction for your reward points to appear in your ICICI rewards points balance. Additionally, you can view the earned rewards from the previous billing cycle in your monthly credit card statement.

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