ICICI Ferrari Platinum Credit Card is a co- branded credit card offering huge benefits. This credit card offers Ferrari Merchandise benefits along with the travel, dining, movies benefits. But there are many other alternative credit cards available in the market that offers much more rewards, as this card is dominantly a good option for the Ferrari lovers than the other category people. This review will help you analyze to decide to go with the ICICI Ferrari Platinum Credit Card or not.
Benefits and Features of the ICICI Ferrari Platinum Credit Card:
Ferrari Edge -
- Get up to 20% discount on the Ferrari Merchandise at the Ferrari Store in Maranello, Italy
- Get the 15% discount on entry tickets to Abu Dhabi (Purchased at the Park Counter)
Travel Privileges-
- Per quarter get 1 complimentary domestic airport lounge access.
Entertainment Benefits-
- Buy 1 and Get 1 ticket free on BookMyShow every month.
- On INOX Cinemas get 1 free ticket on purchasing 1 ticket
Dining Privileges -
- Get up to 15% discount on dining at more than 2,500 restaurants across India.
Other Benefits -
- Get 1% fuel surcharge waiver at the HPCL petrol pumps.
- Get VISA platinum offers.
- Get special Mastercard offers.
Reward Program -
- Get 2 Payback points on every Rs 100 spent except fuel. Each point is equal to 0.5%
- On utility bill payments and on Insurance payments get 1 Payback point on every Rs 100 spent, equivalent to 0.25%
Charges and Fees of the ICICI Ferrari Platinum Credit Card:
- Joining Fee - Rs 499
- Fee on second year onwards - Rs 499
- Card Replacement Charges - Rs 100
- Cash withdrawal fee - Rs 300 on the amount
- Foreign currency Markup - 3.50%
Late Payment Fee -
- For Rs 100 to Rs 500; Rs 100 is charged.
- For Rs 500 to Rs 10,000; Rs 500 is charged.
- For amount above Rs 10,000; Rs 750 is charged.
Bottom Line:
The ICICI Ferrari Platinum Credit Card is especially for those who are the Ferrari lovers. If you are not a Ferrari lover, then this card is not a right option for you, as there are many other credit cards available in the market offering great benefits. Review the credit cards and select the best card for you.