So you want free credit (almost)? ICICI's Credit Card against FD: Your guide to plastic power (with a side of fixed deposits)
Let's face it, adulthood is expensive. Between rent that could rival a small island nation's GDP and that never-ending list of "adulting essentials" (who knew a toaster could cost more than your childhood bike?), sometimes you just need a little extra financial flexibility.
Enter the ICICI Credit Card against FD, your knight in plastic armor (or should we say, chip and PIN savior?). This nifty little card lets you leverage your existing Fixed Deposit (FD) with ICICI Bank to get a credit limit, essentially unlocking some of your saved money for those unexpected (or, let's be honest, totally desired) purchases.
But before you go swiping like a credit card samurai, here's a crash course on how to get this magical piece of plastic:
Tip: Skim only after you’ve read fully once.
Step 1: Do you have the stuff (a.k.a., the FD)?
- You'll need an existing FD of at least Rs. 30,000 with ICICI Bank. Think of it as your credit card security deposit.
- The FD needs to have a minimum tenure of 180 days (that's 6 months, folks, so no dipping into your emergency fund for that fleeting bubble tea craving).
- Not all FDs qualify: This offer is only valid for specific types of FDs, so check with ICICI Bank to make sure yours is eligible.
Tip: Bookmark this post to revisit later.
 |
| How To Get Credit Card Against Fd In Icici Bank |
Step 2: Choose your plastic champion!
ICICI offers two credit card options against your FD:
Tip: Read at your own pace, not too fast.
 |
- Coral Credit Card: This card is your gateway to the basics, with a credit limit of up to 80% of your FD amount. Perfect for everyday purchases or that weekend getaway you've been eyeing.
- Rubyx Credit Card: This card is for the high rollers (or should we say, high swipers)! It offers a credit limit of up to 90% of your FD and comes with additional perks like airport lounge access and reward points.
Step 3: Suit up! Apply for your card
Tip: Stop when confused — clarity comes with patience.
You can apply online through ICICI Bank's internet banking or mobile app, or visit your nearest branch. The process is fairly straightforward, and no income proof is required (because your FD is already doing the talking!).
Remember: Using a credit card comes with responsibility. Make sure you pay your bills on time to avoid any nasty interest charges and maintain a good credit score.
So there you have it! With a little planning and your trusty FD, you can unlock the power of plastic and enjoy some financial flexibility. Just remember, use it wisely, young grasshopper (or seasoned adult, whichever applies).
 |
