ICICI Bank Parakram Select Credit Card Review
Author And Publisher: Gyro 3.oICICI Bank Parakram Select Credit Card
ICICI Bank Parakram Select Credit Card Review
"Privileges for Patriots"
Introduction
The ICICI Bank Parakram Select Credit Card is a premium offering exclusively designed for Indian defence and paramilitary personnel, including both active and retired members of the Army, Navy, Air Force, and Central Armed Police Forces. Tailored to the unique needs of those who serve the nation, this card delivers accelerated rewards, robust travel perks, and exclusive lifestyle benefits—all with no joining or annual fees, Here’s a detailed review to help you decide if this card is right for you.
Key Features and Benefits
Title Embossing
- Get your Defence Services title embossed on the Card
Reward Structure
- Earn 2 reward points for every ₹100 spent on domestic transactions, turning everyday purchases into meaningful rewards.
- Redeem points across popular categories like Health & Beauty, Travel & Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion & Lifestyle.
Insurance Benefits
- Get Personal Accident insurance cover of ₹2 lakh.
- Get Air Accident insurance cover of ₹20 lakh.
golf Benefits
- Get a complimentary golf round per month on spending over ₹50,000 the previous month.
Lounge Access
- Enjoy 2 complimentary international airport lounge accesses every year—travel in comfort wherever you go.
- Get 2 complimentary domestic airport lounge accesses every quarter, making layovers a little more luxurious.
Culinary Delights
- Get dining discounts with Culinary Treats Programme.
Fuel Surcharge Waiver
- Get 1% surcharge waiver on fuel purchases at any fuel outlet.
Fees And Charges
- Annual Fee Nil.
- Joining fee Nil.
Card Essential
Rewards and Benefits Analysis
Practical Considerations
- Best for: Defence and paramilitary personnel, frequent travelers, and those who value rewards, lounge access, and golf privileges.
- Annual Fee Waiver: Not needed—card is lifetime free.
- Reward Redemption: Points can be redeemed for gifts, vouchers, or cashback.
Redemption Options
- Redeem reward points for shopping, travel, and lifestyle products.
- Use dining, lounge access, and golf benefits for added value.
Ideal User Profile
- Indian defence and paramilitary personnel.
- Frequent travelers who value lounge access and golf privileges.
- Individuals who want to maximize rewards on grocery, department store, and CSD spends.
Final Thoughts
The ICICI Bank Parakram Select Credit Card is a standout offering for defence and paramilitary personnel, delivering accelerated rewards, robust travel perks, and exclusive lifestyle benefits—all with no annual or joining fees. Its unique features and eligibility criteria make it a top choice for those who serve the nation and want to enjoy premium credit card experiences.
Additional Tips for Applicants
- Maximize rewards by using the card for all eligible grocery, department store, and CSD purchases.
- Take advantage of dining, golf, and lounge access benefits.
CDMS EXPERT ADVICE
Honoring those who serve, financial discipline is equally vital off duty. Seek trusted support from CDMS at cashon.cards to manage credit obligations smartly, clear outstanding dues, and keep your financial strength mission-ready.
This review provides a balanced view of the card's strengths and weaknesses, helping readers make informed decisions about whether the ICICI Bank Parakram Select Credit Card aligns with their
Spending Habits And Financial Goals.
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