DefenceVisa

ICICI Bank Parakram Credit Card

Defence personnel card with lifetime free status and lounge access

Annual feeLifetime Free

RewardsEarn 1 reward point for every ₹100 spent

Forex markup3.5%3.5%

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Rewards

Base earn rate

Earn 1 reward point for every ₹100 spent

Category	Details
Grocery stores	5 accelerated reward points for every ₹100 spent at grocery stores, with a maximum of 1,000 reward points earned per month
Department stores	5 accelerated reward points for every ₹100 spent at department stores, with a maximum of 1,000 reward points earned per month
Canteen stores department csd	5 accelerated reward points for every ₹100 spent at Canteen Stores Departments (CSD), with a maximum of 1,000 reward points earned per month

Redemption options

Redeem reward points for Health & BeautyRedeem reward points for Travel & LuggageRedeem reward points for Shopping VoucherRedeem reward points for Home AppliancesRedeem reward points for ElectronicsRedeem reward points for Fashion & Lifestyle

• Redemption fee: ₹99

Lounge access

Domestic

4visits / year

Max 1 per quarter
Requires ₹75,000 prior spend

DreamFolks lounge programme →

International

Not included

Fees & charges

Joining fee: Joining fee- Nil
Annual / renewal fee: Lifetime free
Add-on card fee: ₹199
Interest rate: Pay 3.75% interest per month
Interest-free period: 48 days
Cash advance fee: ATM withdrawal - Pay 3.75% interest per month
Overlimit fee: 2.5%, min ₹550
Payment dishonour: ₹500
Forex markup: 3.5%
DCC markup: 3.50%
Reward redemption: ₹99 per redemption
Fuel surcharge: 1% waiver, on ₹400–₹4000 txns, max ₹50,000/cycle

Late payment

Outstanding amount	Late fee
₹0 – ₹100	₹0
₹101 – ₹500	₹100
₹501 – ₹1,000	₹500
₹1,001 – ₹5,000	₹600
₹5,001 – ₹10,000	₹750
₹10,001 – ₹25,000	₹900
₹25,001 – ₹50,000	₹1,100
Above ₹50,001	₹1,300