"Smart credit card for SMEs and entrepreneurs โ up to 1% cashback on business spends with expense tracking and lounge access"
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Quick Summary
๐ณ Joining Fee
โน1,500 + GST
๐ Renewal Fee
โน1,000 + GST (from second year)
Waived: Joining fee credited back if eligible spends cross โน75,000 within 60 days of card issuance; annual fee waiver/reduction available on meeting minimum annual spend as per ICICI Bank policy
๐ฏ Best Suited For
Small and medium business owners, entrepreneurs and self-employed professionals who want a dedicated business credit card for tracking company expenses; those who need separate business spend visibility and cashback on recurring business costs
๐ Reward Type
Direct Cashback on business spends (up to 1% on domestic and international transactions; 0.20% on bill payment via ICICI Corporate NetBanking)
๐ Welcome Benefit
Joining fee of โน1,500 credited back to account on spending โน75,000 within 60 days of card issuance; welcome vouchers and reward points for new business customers (subject to ICICI terms)
๐ฐ Reward Rate
1% cashback on domestic and international eligible spends when monthly spend exceeds โน75,000; 0.5% cashback on domestic and 1% on international purchases for monthly spend between โน25,000 and โน75,000; 0.20% cashback when paying total bill via ICICI Corporate NetBanking before due date; cashback capped at โน2,000 per month; excludes fuel, utilities, cash advances, insurance, government and tax payments, education fees
โ๏ธ Lounge Access
2 complimentary domestic airport lounge visits per quarter (8 per year) at select domestic airports via ICICI Bank's lounge programme
Dedicated business card with Visa IntelliLink expense tracking and reports
Joining fee reversed on โน75K spend in 60 days
2 complimentary lounge visits per quarter (8/year) for business travel
Employee cards with individual spend controls
24x7 i-Assist concierge for business needs
Air accident cover โน75 lakh on air ticket purchase
GST-friendly statements simplify accounting
โ Cons
Cashback rate up to 1% is modest
Cashback capped at โน2,000/month limits benefit for high spenders
Excludes fuel, utilities, government payments from cashback
High forex markup of 3.5%
Not available for salaried individuals โ business/self-employed only
Annual fee structure from second year onwards
๐ Rewards & Benefits
Reward Type
Direct Cashback on business spends (up to 1% on domestic and international transactions; 0.20% on bill payment via ICICI Corporate NetBanking)
Welcome Benefits
Joining fee of โน1,500 credited back to account on spending โน75,000 within 60 days of card issuance; welcome vouchers and reward points for new business customers (subject to ICICI terms)
Reward Rate
1% cashback on domestic and international eligible spends when monthly spend exceeds โน75,000; 0.5% cashback on domestic and 1% on international purchases for monthly spend between โน25,000 and โน75,000; 0.20% cashback when paying total bill via ICICI Corporate NetBanking before due date; cashback capped at โน2,000 per month; excludes fuel, utilities, cash advances, insurance, government and tax payments, education fees
Reward Redemption
Cashback directly credited to card account โ no redemption needed; credited within 7 days of statement generation; 0.20% additional cashback on bill payment credited separately
Fuel Surcharge Waiver
1% fuel surcharge waiver at HPCL petrol pumps on transactions between โน400 and โน4,000; capped at โน500 per month
Lounge Access
2 complimentary domestic airport lounge visits per quarter (8 per year) at select domestic airports via ICICI Bank's lounge programme
Spend Based Fee Waiver
Joining fee reversed on โน75,000 spend within 60 days; annual fee reduction available on meeting minimum spend โ check ICICI Bank business card T&Cs
Milestone Benefits
No formal milestone benefits; joining fee waiver on โน75K spend in 60 days is the primary milestone
Other Benefits
Visa IntelliLink for Small Business (VISB): automated expense tracking, spend reports, and business analytics accessible via Visa's business portal; minimum 15% off at 2,500+ restaurants via ICICI Culinary Treats Programme; up to 48 days interest-free credit period; employee cards with separate spend limits and controls; 24x7 i-Assist concierge service (toll-free: 1800 267 0731); GST-friendly statement for easy accounting and reconciliation
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Personal air accident death cover โน75 lakh (on purchasing air ticket with the card); zero card liability on immediate loss reporting
Add-on Cards
Employee cards available with individual spend limits and controls โ ideal for SMEs managing team expenses
ICICI Culinary Treats: 15%+ off at 2,500+ restaurants; HPCL fuel surcharge waiver; Visa IntelliLink business analytics
๐ณ Fees & Interest Rates
Joining Fee
โน1,500 + GST
Annual Fee / Renewal Fee
โน1,000 + GST (from second year) โ Waived on: Joining fee credited back if eligible spends cross โน75,000 within 60 days of card issuance; annual fee waiver/reduction available on meeting minimum annual spend as per ICICI Bank policy
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.40% per month (40.80% per annum) โ 3.75% per month if only minimum due is paid
ATM Cash Withdrawal / Cash Advance
3.0% of withdrawn amount per month; interest-free period: up to 50 days (20 days for secured business card holders)
Late Payment Charges
As per ICICI Bank prevailing slab; based on outstanding amount
Over Limit Charges
As per ICICI Bank policy
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Eligible spends exclude: fuel, utilities, cash, insurance, government and tax payments, education; cashback cap of โน2,000/month limits high-volume spenders
๐ Eligibility & Credit Limit
Eligibility Criteria
Business owner, entrepreneur or self-employed professional in India with registered business or professional practice; stable financial track record; GST registration may be required; Indian resident; valid KYC and business documents
Credit Score Requirement
700+ CIBIL score recommended; business credit history considered
Credit Limit
Starting from approximately โน50,000; goes up to several lakhs based on business turnover and bank relationship
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Available on business transactions above โน2,500; Smart EMI and Easy EMI options
Balance Transfer Facility
Available from other bank credit cards
Balance Transfer Interest Rate
As per ICICI Bank prevailing rates
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant block via ICICI Bank app, iMobile, or customer care
Instant Fraud Alerts
SMS and email alerts for every transaction; real-time transaction controls
Purchase Protection
Air accident cover โน75 lakh on purchasing air ticket; zero liability on loss reporting
Virtual Card Numbers
Details coming soon
Zero Liability Protection
Zero liability on unauthorized transactions after immediate reporting
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