ICICI Bank
Accelero ICICI Bank Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
2% points
Foreign Markup
3.5% of the amount transacted
Welcome Benefits
Complimentary roadside repair services, car wash, general checkup, etc for the first year.
Product Highlights
- 2 Reward Points for every ₹100 spent.
- Complimentary roadside assistance.
- 25% discount on movies through Bookmyshow.
- 1 complimentary airport lounge access every quarter.
Category Rewards
Specialty
2 Reward Points on every ₹100 spent
2X
Fee Waiver
If the cardholder is able to spend ₹1.25 Lakhs using this credit card, the renewal fee will be waived off.
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
HPCL
2.5% cashback on HPCL fuel(Cap ₹200/cycle)
Reward Calculator
Earns ₹236/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
3.3K
ICICI Reward Points
₹825
via standard · ₹0.25/pt
Effective rate
0.53%
Annual fee
₹589
Year 1 net
+₹236
Year 2+ net
+₹236
ongoing
Adjust your spend by reward bucket
2 bucketsReal Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
2.5% cashback on HPCL fuel
Headline: 2.50% effective
₹200/cycle ÷ 2.50% = ₹8,000 eligible spend/cycle
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Rent payment surcharge
1%Charged on every rent transaction via CRED / NoBroker / Magicbricks / etc.
Wallet load surcharge
1%from Jan 2026Kicks in after ₹5,000 cumulative wallet loads/cycle (Paytm, PhonePe, Mobikwik)
Utility payment surcharge
1%Kicks in after ₹50,000 cumulative utility spends/cycle
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, rent, wallet, emi, cash advance, utility
Fuel surcharge waiver (good news)
1%Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 2 Reward Points for every ₹100 spent. Get a cashback of 2.5% on fuel purchases from HPCL petrol pumps.
- 1 Reward Point = ₹0.25 against cashback or gifts.
Benefits & Features
Domestic: 1 complimentary visit per quarter (On spending ₹75,000 or more in the previous quarter.) International: N/A 1 complimentary domestic lounge access each quarter.
Pros & Cons
Pros
- 2.5% cashback on fuel purchases from HPCL.
- Waived renewal fee on spending ₹1.25 Lakhs.
- Complimentary car wash and general checkups.
Cons
- Limited to 1 complimentary lounge access per quarter.
- High foreign currency markup of 3.5%.
Additional Info
Important note 1
Note 2
Maximum benefit of ₹200 per month on fuel cashback.
Excluded Categories
Partner Merchants
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Fees & Charges
Eligibility
Min Age
21 yrs
Networks
Fee Waiver
If the cardholder is able to spend ₹1.25 Lakhs using this credit card, the renewal fee will be waived off.