If there is any bank that has pioneered the significant presence of credit cards that we witness today, ICICI Bank deserves all the credit and much more for popularising the use of credit cards in the Indian financial sector. Although credit cards had existed in Indiua since the second half of the 1980s, it wasn't widely available and many people were not even aware of the existence, let alone the benefits, of credit cards. It was priomarily due to the efforts of ICICI Bank's in the decade following Liberalization to bring the notion of credit cards in to the mainstream of Indian fiscal discourse.
Often, the mind would desire to travel the world, or at least around the country. However, travelling is definitely an expensive affair. The very act of travelling itself from one place to another may involve the lion's share of the expenditure you might incur, and then, you might have to procure various goods and services during your travels. While carrying hard currency might sound like a good idea at first, there would always be the worry of either not possessing sufficient cash to pay or bills or losing the money you had and getting yourself into a dire and uncomfortable situation.
With credit cards, however, things tend to become a lot easier and uncomplicated. They are essentially plastic cards that have an attached microchip. The microchip in question is digitally connected to your bank account. Whenever you make a purchase using your credit card, the bank is notified and they loan the amount of the transaction to you, from where you are able to pay for what you have bought. This therefore eliminates the need to carry cash around, and the stress that are associated with it. Of course, you have to repay the amount the bank loaned to you on a monthly basis.
There are a plethora of credit cards that are currently available, and each set of cards have differentiated based on the function they have been assigned by the bank of their issue. The kind of credit card that you would select for globetrotting is travel credit cards. Most Indian banks offer credit cards that can be used for travel. Most of these cards have been further categorized into different types that cater to the different needs for travellers. One of the most commonly encountered types is the Platinum cards, which offer amazing features and astonishing benefits for its holders.
Another type of card that is very popular not only in India, but around the world, is the Visa card and they can be used to buy a large number of goods and services no matter where you go and where you are. Visa cards are without exception universally accepted at retail outlets around the world, making it easier for you to purchase different things from different places provided you own a Visa card in your pocket.
The innovative genius of ICICI Bank lies in the fact that they have ben able to synthesize a revolutionary concept where they have combined the luxuries afforded by Platinum cards and the extreme accessibility of goods and services that is available with Visa cards. The end result is the creation of ICICI Bank Platinum Visa credit card that combines the best of two worlds. Now not only can you travel luxuriously but also you can use the same card to buy the things that you want to buy. With this card in your possession, you can now have a sorted trip and some amount of satisfying travel.
|Different Types of Credit Cards and Types||Joining Fee||Annual Fee|
|ICICI Bank™ Platinum Chip Credit Card||0||0.00|
|ICICI Bank™ HPCL Coral Credit Card||199||199.00|
|ICICI Bank™ Ferrari™ Platinum Credit Card||499||499.00|
|Jet Airways ICICI Bank™ Coral Visa Credit Card||1250||1250.00|
Have a Ferrari in your name. And your name on a Ferrari. If you love fast cars & Ferrari, this card is just for you. You get Up to 20% discount on Ferrari merchandise at the Ferrari Store in Maranello, Italy, Up to 15% discount on Ferrari merchandise at the Online Ferrari Store, 15% discount on entry tickets to Ferrari World, Abu Dhabi for tickets bought at the park counter.Not only that, we also like that you can get your points converted to credit into your statement and the free quarterly visit to Domestic Airports and Railway Lounges are an added plus. Go for this card if you like Movies, travel once in a while and like earning points which actually translate to money.
The ICICI Bank™ HPCL Coral Credit Card is one of the cheapest cards you can get. With a fee of ₹199, and a cashback every time you fill fuel at a HPCL pump, you will recover this small amount very quickly. You also save on the 1% surcharge every time. We think this is one of the best Credit Cards to take if it's your first credit card.