ICICI Bank is one of the leading private sector banks in India and it has been very innovative in bringing new products in the Indian financial market. Latest to hit the market is an Instant credit card from ICICI bank. Details below.
What is the instant credit card from ICICI bank?
For every savings account holder (and pre-qualified by the bank) from ICICI bank, you have the option to get a new credit card that can be used for online shopping, pretty quickly (in about 24 hours) with an online, paperless application.
What that means is that, let’s say you don’t have a credit card but a savings bank account with ICICI and want to do some online shopping. Instead of using your debit card, you can now use your new credit card.
To apply for one, you don’t have to jump through hoops or run through fire. Instead, submit an online application through the ICICI website and you should have the instant credit card with you almost immediately. First you get a virtual credit card, and then the actual physical credit card.
Whether this credit card will have points for purchases or any kind of benefits is not clear at the moment. Let’s wait and watch!
If you don’t have a credit card yet, you can apply online here.