ICICI Bank credit card rules: These services will be free from July 1

These fees will be stopped on July 1, 2024, according to the ICICI Bank website.

1. Cheque / Cash pick-up fee
A fee of Rs 100 per pick-up will be discontinued.

2. Charge slip request
A fee of Rs 100 per charge slip will be discontinued.
3. Dial-a-draft – transaction fee
The deduction of 3% of the draft value amount, with a minimum cost of Rs 300, would be discontinued.
4. Outstation cheque processing fee
Also, 1% of the cheque value, subject to a minimum of Rs 100 will be discontinued.
5. Duplicate statement request (beyond 3months)
A fee of Rs 100 will be discontinued for duplicate statement.

ET Online

Starting June 18, users of the Amazon Pay ICICI Credit Card will witness a tweak in their rewards program.
Rent payments made with the card will no longer earn reward points.
The card will continue to provide a 1% discount on fuel surcharge payments with no limits on rewards or expiration dates.

ET Online

Late payment charges (excluding ICICI Bank Emeralde Private Metal Credit Card and ICICI Bank Emeralde Credit Card)
The Late Payment charges on your card will be a function of the Total Amount Due minus any payment received before payment due date and will be as follows:
Outstanding = Total Amount due (as of previous statement) – Payment Received before payment due date.

ET Online

Less than Rs 100= None

Between Rs 100- Rs 500-= Rs 100

Between Rs 501- Rs 5,000= Rs 500

Between Rs 5,001- Rs 10,000= Rs 750

Between Rs 10,001- Rs 25,000= Rs 900

Between Rs 25,001- Rs 50,000= Rs 1000

More than Rs 50,000= Rs 1200

ET Online