The ICICI Accelero Credit Card: Explore the World of Automobiles, Adventure, and Thrills-
If you want a credit card that gives you cashback, discounts, and expedited rewards for both online and offline purchases. You might wish to look into the ICICI Accelero Credit Card in such a situation. This card is made to accommodate your spending patterns and way of life while rewarding you for each purchase you make.
Accelero ICICI Credit Card helps you live an accelerated life along with this also get a chance to participate in a completely funded adventure vacation with your Accelero ICICI Bank Credit Card, which includes the ability to drive luxury cars on unique Indian sites on your own.
The ICICI Accelero Credit Card is specifically designed for automobile enthusiasts and offers a range of benefits tailored to their needs.
Here are some of the key benefits:
Automobile-focused benefits:
Exclusive access to Auto Expos & Test Drive Experiences: Get a VIP experience at auto shows and test drive the latest models before they hit the market.
Complimentary 24×7 Roadside Assistance: Get help with flat tires, dead batteries, and other roadside emergencies, anywhere in India.
Complimentary key car parts: Enjoy free refills of essential fluids like engine oil, windshield washer fluid, and coolant (up to 2 liters per quarter).
Additional 2.5% cashback on fuel purchase (HPCL Petrol Pumps): Enjoy extra savings on your fuel expenses at HPCL pumps.
Complimentary Car Wash: Get your car washed for free at select car washes (up to 2 washes per quarter).
Exclusive Redemption Catalogue with Auto Merchandise: Use your reward points to redeem for car accessories, gadgets, and other automobile-related merchandise.
General benefits:
PAYBACK rewards program: Earn 2 PAYBACK points per Rs. 100 spent on retail purchases (except fuel), which can be redeemed for vouchers, merchandise, travel bookings, and more.
1% fuel surcharge waiver on all fuel transactions of up to 4000 at any fuel outlet: Save on fuel surcharge across all petrol pumps, not just HPCL.
Free accident insurance: Get Rs. 1 lakh accidental death insurance coverage for free.
Complimentary access to airport lounges: Enjoy free access to domestic airport lounges on achieving specific annual spending milestones.
Other benefits: Contactless payments, add-on cards, and various partner discounts on dining, movies, and shopping.
Pros and Cons:
Pros:
The card offers high reward points and cashback on online shopping, travel and entertainment, which can help you save money and get more value from your spending.
The card also provides benefits such as lounge access, movie tickets and dining discounts, which can enhance your lifestyle and convenience.
The card has a low annual fee of Rs. 999, which can be waived off if you spend Rs. 1.5 lakh or more in a year.
The card has a flexible reward redemption program, where you can redeem your points for vouchers, merchandise, air miles or cash credit.
Cons:
The card has a high-interest rate of 3.4% per month, which can be costly if you do not pay your bills in full every month.
The card has a high foreign currency markup fee of 3.5%, which can add to your expenses if you use the card for international transactions.
The card has a low credit limit of Rs. 50,000, which can limit your spending power and affect your credit utilization ratio.
The card has a high cash advance fee of 2.5% or Rs. 300, whichever is higher, which can discourage you from withdrawing cash from ATMs using the card.
Fees and charges of the ICICI Accelero credit card:
Joining fee: Rs. 499 (one-time)
Annual fee: Rs. 499 (waived off if annual spend is Rs. 1.5 lakh or more)
Interest rate: 3.4% per month
Foreign currency markup fee: 3.5%
Cash advance fee: 2.5% or Rs. 300, whichever is higher
Late payment fee: Rs. 100 to Rs. 950 depending on the outstanding balance
Over limit fee: 2.5% or Rs. 500, whichever is higher
Cheque bounce fee: Rs. 500
Card replacement fee: Rs. 100
Conclusion:
The ICICI Accelero credit card is a good option for online shoppers, frequent flyers, and movie buffs who want to earn rewards and enjoy benefits on their spending. The card has a low annual fee and a flexible reward redemption program that can add value to your purchases. However, the card also has some drawbacks such as a high interest rate, a high foreign currency markup fee, a low credit limit, and a high cash advance fee that can affect your finances if you are not careful with your spending and repayment habits. Therefore, you should compare the features, pros and cons, fees, and charges of the ICICI Accelero credit card with other cards in the market before applying for it.
About the ICICI Credit Cards:
If you are looking for a credit card that offers you a range of benefits, rewards and features, you might want to consider ICICI Bank Credit Cards. ICICI Bank is one of the leading private sector banks in India, and it has a variety of credit cards to suit different needs and preferences. In this article, we will explore some of the features and benefits of ICICI Bank Credit Cards, and how you can apply for them online.
Features of ICICI Bank Credit Cards
ICICI Bank Credit Cards come with many features that make them convenient and secure to use. Some of these features are:
Chip and PIN technology: All ICICI Bank Credit Cards are equipped with chip and PIN technology, which enhances the security of your transactions and protects you from fraud.
Contactless payment: You can also use your ICICI Bank Credit Card for contactless payment, which allows you to pay by just tapping your card on a compatible terminal, without entering your PIN or signing a receipt. This is faster and safer than swiping or dipping your card.
Mobile app: You can manage your ICICI Bank Credit Card account through the iMobile app, which lets you view your card details, transactions, statements, rewards, offers and more. You can also pay your bills, block or unblock your card, request for a PIN change, and apply for other products and services through the app.
Internet banking: You can also access your ICICI Bank Credit Card account through the internet banking portal, which offers similar features as the mobile app. You can also set up alerts and reminders for your due dates, payment confirmation, statement generation and more.
Customer care: You can reach out to the ICICI Bank customer care team 24x7 through phone, email or chat for any queries or issues related to your credit card. You can also visit any of the ICICI Bank branches or ATMs for assistance.
FAQs:
What is the joining fee for the ICICI Accelero Credit Card?
What is the annual fee for the ICICI Accelero Credit Card?
Is there a fuel surcharge waiver on the ICICI Accelero Credit Card?
What is the interest rate on revolving credit for the ICICI Accelero Credit Card?
What is the cash withdrawal fee for the ICICI Accelero Credit Card?
What are the late payment charges for the ICICI Accelero Credit Card?
What are the over limit charges for the ICICI Accelero Credit Card?
What are the benefits of the ICICI Accelero Credit Card?
What is the eligibility criteria for the ICICI Accelero Credit Card?
How can I apply for the ICICI Accelero Credit Card?