ICICI Bank Business Credit Cards

Apply for the best credit card of Icici Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
ICICI Bank Business Credit Cards
  • Best suitable for: Business
  • Joining Fee: ₹ 1500+ GST + GST
  • Annual Fee: ₹ 1000+ GST + GST
  • Welcome Benefits: -
Icici Bank Business Credit Cards

ICICI Bank Business Credit Cards: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ 1500+ GST
Annual/Renewal Fee:₹ 1000+ GST
Finance Charges:3.40% per month (40.80% annually)
Spend Based Waiver:Not Applicable for this card
Over Limit Penalty:2.50% on the over-limit amount (subject to a minimum of 550)
Rent Payment charges1% Processing fee transaction amount
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:5% of Total outstanding (Min. Rs. 200) + All charges/fees/taxes + EMI
Cheque Return Fees:2% of the payment amount subject to min of Rs. 500
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 100NIL
Above 100/- and up to 500100
Above 500/- and up to 5000500
Above 5000/- and up to 10,000750
Above 10,000/- and up to 25,000900
Above 25,000/- and up to 50,0001000
Above 50,000/-1200

ICICI Bank Business Credit Cards: Eligibility & Documentation

Eligibility:-
Age: Applicants should be at least 21 years old.
Income: Registered Entity: The company applying for a corporate credit card must be a registered entity, such as a private limited company, public limited company, partnership firm, or limited liability partnership (LLP).
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof

Documentation:- 1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof

ICICI Bank Business Credit Cards: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: As communicated in your credit monthly card statement
Cash Payment at Bank Branch: Rs. 100/- for every Cash payment

ICICI Bank Business Credit Cards: Customer care and helpline

Customer care : 18001080
Email Address : [email protected]
Mailing Address: ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400 051

Add-on Card facility: NIL

Card replacement fee: Rs 200 + GST

Rewards Redemption Fee: 99 per redemption transaction

Domestic lounge:

International Lounge:

Fuel Surcharge:1% of transaction value or 10 whichever is higher

FAQ of ICICI Bank Business Credit Cards

Q1. What is the annual fee of ICICI Bank Business Credit Cards?
The Annual fees of ICICI Bank Business Credit Cards is 1000+ GST. And there is Joining fees is 1500+ GST.

Q2. What is the interest rate on the ICICI Bank Business Credit Cards?
The ICICI Bank Business Credit Cards has an interest rate of 3.40% per month (40.80% annually)

Q3. Are there foreign transaction fees on the ICICI Bank Business Credit Cards?
Yes, The ICICI Bank Business Credit Cards charges a 3.5% fee for all transactions in foreign currency .

Q4. What is the credit limit of ICICI Bank Business Credit Cards?
The credit limit for the ICICI Bank Business Credit Cards is based on multiple factors, such as your income, repaying capacity, and credit history. Icici Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Icici Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.

Credit Cards by Bank
Credit Cards by Category