Essential Business card

ICICI Bank American Express® Business Essential Credit Card

ICICI Bank American Express® Business Essential Credit Card that comes to you with a host of benefits and rewards in the form of accelerated PAYBACK Points from ICICI Bank Rewards.

This unique card possesses the convenience and privileges that suit both your business as well as lifestyle needs which make this card truly essential to you.

Joining fee: Rs 1,000 + GST

Annual fee: Rs 1,000 + GST

Key benefits: Joining bonus of 1,500 PAYBACK Points from ICICI Bank Rewards with additional annual bonus of 1,500 PAYBACK Points from ICICI Bank Rewards.

Reward Points


Enjoy limitless reward-earning opportunities powered by PAYBACK – India’s largest and Europe’s most popular loyalty programme with every transaction:

  • 6 PAYBACK Points from ICICI Bank Rewards on every Rs 100 spent online
  • 4 PAYBACK Points from ICICI Bank Rewards on every Rs 100 spent on dining & Airline transactions
  • 4 PAYBACK Points from ICICI Bank Rewards on every Rs 100 spent on Hotel & Car Rental
  • 2 PAYBACK Points from ICICI Bank Rewards on every Rs 100 spent on other spends (except fuel, utility and insurance)

Reward points redemption


When it is time for you to redeem your PAYBACK Points from ICICI Bank Rewards, we have ensured a worthy selection of rewards for you to choose from.

Merchandise

Stylish accessories from Guess, Tommy Hilfiger and Calvin Klein. Classic time pieces from Omega. Raymond Weil and Tag Heuer. Latest gadgets from Apple, Blackberry, Canon, Samsung and Sony Ericsson. Or perfumes from Dunhill, 5th Avenue, Bvlgari and Carolina Herrara. The finest brands await your indulgence.

Gift vouchers

The gift of choice is said to be the best one of all. Redeem your points for gift vouchers from Debenhams, Nautica, Jack and Jones, Taj Hotels Palaces & Resorts.

Air miles

Convert your PAYBACK Points from ICICI Bank Rewards into air miles on Jet Airways Miles and more.

How to redeem your PAYBACK points


To redeem your points for rewards

  • Call PAYBACK Customer Care on 1860-258-5000 (between 10:00 a.m. and 9:00 p.m.)
  • Call ICICI Bank Customer Care on 1800-103-8181 (toll free)
  • Make an online request for redemption at www.payback.in

The reward of your choice will be delivered within 10 working days*.

*Standard redemption charges apply. Rewards are subject to availability.

Culinary Treats


Shower your taste buds with delicious treats at leading restaurants across India and get great discounts too. Save a minimum of 15% on your dining bill at all participating restaurants. To view the complete list of restaurants, visit www.culinarytreats.com. You can also download the ICICI Bank Culinary Treats mobile app from (app store) or (google play)

AMERICAN EXPRESS® Privileges


AMERICAN EXPRESS® SELECTS

  • American Express® SELECTS provides a wide range of special offers from around the globe in travel, dining, shopping and entertainment.
  • To view the current list of offers, visit www.amexnetwork.com/selects.

Exclusive savings on your ICICI Bank Business Essential Card

Savings calculator for ICICI Bank American® Express Business Essential Credit Card
  Annual benefit value (Rs)
Reward points earned on monthly retail spends of Rs 75,000 (Assuming 50% on-online spends) 10,680
Savings on fuel surcharge at 1% (assuming monthly spends of Rs 7,000) 840
Welcome benefit of 1,500 Reward Points as a joining bonus and annual bonus of 1,500 Reward Points 750
Fee reversal of anniversary year on spends of Rs 5,00,000 and above 1,000
Savings on dining discounts on which 5% of the spending has been assumed on dining spends at select partners under ICICI Bank Culinary Treats Programme and 15% savings is assumed on the same 16,875
Savings on cost of funds for interest-free credit period of up to 48 days arrived by the extended credit period of an average 7 days over the average credit period of 15 days available to the company from its vendors with cost 8,630
Total savings for ICICI Bank American® Express Business Essential Credit Card 32,775
Please note that the above table and data are for illustration purpose only and ICICI Bank shall, in no way be held responsible/ liable to provide the benefits stated therein and/or in relation thereto. Actual benefits will differ for every client depending on their spend pattern/ card usage.