Rule Changes In 21 ICICI Bank Credit Cards From April 1: Fees, Customer Spends To Airport Lounges

Private sector lender, ICICI Bank has announced key changes and features for some of its 21 credit cards with effect from April 1, 2024. Either opting for super save in fuel purchases, or day-to-day spending, sports and travel-related spending, to NRIs, ICICI Bank has made major announcements.

As per the website, ICICI Bank said, "Starting Apr 01, 2024, you can enjoy One complimentary airport lounge access by spending Rs. 35,000 in the preceding calendar quarter."

It added, "Spends made in the preceding calendar quarter will unlock access for the subsequent calendar quarter. To be eligible for complimentary lounge access in the Apr-May-Jun, 2024 quarter, you need to spend a minimum of Rs.35,000 in the January-February-March 2024 quarter and similarly for following quarters."

Customer spends was at Rs 35,000 between December 26, 2023, to December 25, 2025, for complimentary lounge access between April 1 to March 31, 2025. It needs to be noted that compliment lounge access varies from quarter-to-quarter basis, while customer spends remains the same at Rs 35,000 till Christmas of December 2024.

To access airport lounges, eligible cardholders need to present their valid, unexpired cards, and a valid air ticket or boarding pass for travel on the same or the next day at the entrance of the participating Lounges to gain entry. An authorisation amount of Rs.2 shall be charged on each eligible card presented at the entrance to the Participating Lounge. It's important to note that the free access is generally limited to the cardholder, any accompanying guest(s) may incur a charge(s). This programme is provided by a third party and governed by such third-party terms and conditions.

This updated criteria to avail complimentary domestic airport lounge access will be applicable for the below cards:

- ICICI Bank Coral Credit Card

- ICICI Bank NRI Secured Coral Visa Credit Card

- ICICI Bank Coral American Express Credit Card

- ICICI Bank Secured Coral Credit Card

- ICICI Bank LEADTHENEW Coral Credit Card

- ICICI Bank Expressions Credit Card

- ICICI Bank HPCL SUPER SAVER Visa Credit Card

- ICICI Bank Manchester United Platinum Credit Card

- ICICI Bank Parakram Credit Card

- ICICI Bank Coral Contactless Credit Card

- ICICI Bank Coral Rupay Credit Card

- MINE Credit Card By ICICI Bank Visa Card

- ICICI Bank HPCL SUPER SAVER Master Credit Card

- Chennai Super Kings ICICI Bank Credit Card

- ICICI BANK HPCL SUPER SAVER RuPay Credit Card

- ICICI Bank Business Blue Advantage Card

- ICICI Bank MasterCard Coral Credit Card

- MINE Credit card By ICICI Bank Mastercard

- MakeMyTrip ICICI Bank Platinum Credit Card

- Accelero ICICI Bank Credit Card

- ICICI Bank MakeMy Trip Mastercard Business Platinum Credit Card

For Dynamic Currency Conversion (DCC), ICICI Bank's website said that with effect from February 5, 2024, a DCC fee of 1% plus taxes will be applicable on each International transaction carried out in Indian currency at an International location or transactions carried out in Indian currency with merchants located in India but registered in a foreign nation. This change will apply to all ICICI Bank credit cards.

Notably, DCC is the currency conversion service on real real-time basis. DCC allows you to make credit card payments in Indian Currency at an International location or to merchants located in India but registered in a foreign nation. Although DCC simplifies the understanding of prices in Indian currency, it involves additional mark-ups/charges levied by merchants that may be unfavourable for you.

From Feb 05, 2024, rent pay and e-wallet loading transactions will not accrue any reward points. This change will not apply to Amazon pay ICICI Bank credit card, it added.