Cards / ICICI

ICICIICICI Bank Parakram Credit Card

ICICI Bank Parakram Credit Card Credit Card

ICICI Bank · Entry level

Reviewed by Chandan Kumar Dash

1 reward point per Rs 100 on domestic spends.

Saved only in this browser. Sale pages then show your own best card.

Joining fee

Free

Annual fee

Free

Waiver spend

–

Forex markup

3.5%

Fee waiver

No annual fee, so nothing to waive.

Recent changes

• 15 January 2026Worse for you

  New fees: 2% on online gaming, 1% on wallet loads of Rs 5,000 or more, and 1% on transport spends above Rs 50,000.

  Source

All card changes in 2026

Work it out for this card

Offers on this card now

• Electronics
  GGoogle Pixel

  Up to ₹10,000 off on Google Pixel 11

  Valid on credit cards and credit card EMI.

  Ends 31 OctBank's terms

• Electronics
  Apple

  Up to ₹7,000 instant cashback on iPhone 18 Pro and iPhone 18 Pro Max

  Valid at Apple authorised stores on credit cards and credit card EMI.

  Ends 26 DecBank's terms

• Travel
  MakeMyTrip

  10% off up to ₹1,800 on domestic flights on MakeMyTrip

  Minimum booking ₹5,000. Valid on Mondays only. Use code FLYMON.

  Ends 31 DecBank's terms

• Travel
  Goibibo

  15% off up to ₹5,000 on domestic hotels on Goibibo

  Minimum booking ₹4,000. Valid on Mondays only. Use code GOICICIFEST.

  Ends 31 DecBank's terms

3 more on the card offers page. Checked 18 Oct from the bank's own pages; read the bank's terms before you pay.

How the app counts rewards

• 5 points per ₹100 at grocery, department stores and CSD (1,000 points a month)
• 1 point per ₹100 on domestic spends

No rewards on insurance, international, rent, utilities, wallet loads.

Airport lounges

• Domestic: 1 visit a quarter

Domestic airport lounge needs ₹75,000 spend in the previous calendar quarter, primary cardholder only

Points

ICICI Bank Reward Points, worth about ₹0.25 each on the usual redemption. Expire after 3 years.

Work out what your points are worth

Who can apply

• Age 21+

Indian Defence and Paramilitary personnel

Published minimums. Approval is the bank's decision. See every card you qualify for.

Checked against the bank's terms. Banks change terms often, so check the latest terms before applying.

Taken from the bank's page. Rules data version 2026.10.06-0001.

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