If you are an ICICI Bank Savings Account customer, you will automatically start earning PAYBACK points from September 1, 2012 and your points will reflect in your Savings Account statement for the month of October. All you have to do as a Value Banking or Privilege Banking customer, is to maintain a MAB of Rs. 15,000 or above.
If you do not have an ICICI Bank Savings Account yet, all you have to do is fill up an online form, apply for an ICICI Bank Savings Account and you could start earning reward points on day to day transactions. All points that you earn under the ICICI Bank MySavings Rewards program are PAYBACK points.
Please Note: NRI and SEG customers are not eligible for this program.