NRI Credit Card FAQs
Basic Information
What is an NRI credit card?
An NRI credit card is a credit card issued by ICICI Bank to Non-Resident Indians (NRE/NRO) with valid proof of overseas address, passport, visa, min. CRV and a satisfactory credit score are eligible.
Can NRI customers avail unsecured credit cards?
Yes, both NRE and NRO account holders are eligible to avail unsecured credit cards, subject to eligibility. No fixed deposit or collateral is required.
Which ICICI Bank credit card variants are available for NRI customers?
Credit card offering to NRI Customer depends on the account type and eligibility criteria of the Bank, below are current credit card offering to NRI customers:
NRE Offerings: Coral Credit Card, HPCL Coral Credit Card, HPCL Super Saver Credit Card, Rubyx Credit Card, Sapphiro Credit Card, Emeralde Credit Card, Adani One Platinum Credit Card, Adani One Signature Credit Card, Emirates Rubyx Credit Card, Emirates Sapphiro Credit Card, Emirates Emeralde Credit Card, MakeMyTrip Travel Credit Card and Times Black Credit Card.
NRO Offerings: NRI Coral Credit Card and NRI Sapphiro Credit Card.
Eligibility & Documentation
Are joint account holders eligible for NRI credit cards?
No, only individual applicants and primary account holders are eligible to apply for NRI credit cards. Joint account holders cannot apply independently.
What documents are required if the customer is KYC compliant?
If the customer is already KYC compliant, no additional documents are required. The branch or relationship manager can proceed with the application without collecting fresh documentation.
What documents are required if the customer’s re-KYC is due?
Documents include overseas address proof, PAN or Form 60, photograph, valid passport, valid visa/work permit/resident card, FATCA form (if applicable), and any government-issued address proof. Overseas address is mandatory.
Is overseas address mandatory for NRI credit card applications?
Yes, overseas address proof in the name of the applicant is mandatory for processing the NRI credit card application.
What is the eligibility criteria for NRI customers to apply for a NRI credit card?
The customer must have a minimum CRV of ₹50 lakhs, hold an NRE or NRO account with ICICI Bank, be at least 25 years old, and be an individual primary account holder. The maximum age is 58 years for salaried and 65 years for self-employed applicants.
Interest Rate, Fee & Charges
Are interest rates, joining/annual fee and other charges the same for all NRI credit cards?
Interest rates, joining/annual fees, and other charges vary depending on the card variant.
You can check the latest schedule of charges in Most Important Terms and Conditions
( MITC )
Repayment & Tenure
Is auto-debit mandatory for NRI credit cards?
Auto-debit authorization is required as part of the application process to ensure timely repayment from the customer’s ICICI Bank account.
How can NRI customers repay their credit card dues?
Repayments can be made through auto-debit facility from the linked NRE or NRO account. Customers must authorize auto-debit while submitting the application form.
Security, Custody & Safety
Are NRI credit cards enabled for lounge access?
International and domestic lounge access is available only to NRE customers, depending on the variant of the card. NRO customers are eligible for domestic lounge access only.
Are customers from all countries eligible to apply for NRI credit cards?
No, customers from OFAC-listed countries and ECGC-classified high-risk, very high-risk, and off-cover countries are excluded.
Can NRO cardholders use their card for international transactions?
No, NRO customers can use their credit card only for domestic transactions within India. International transactions are not permitted on NRO credit cards.
Closure
Is there any penalty for closing an NRI credit card?
Closure charges, if any, depend on the specific card variant and bank’s prevailing policy. Customers should verify with ICICI Bank customer service.
How can an NRI customer close their credit card account?
The customer can submit a closure request through their relationship manager or by visiting the nearest ICICI Bank branch. All outstanding dues must be cleared before the card can be officially closed.
Service Requests & Account Management
Is non-face-to-face application allowed for NRI credit cards?
Yes, for pre-qualified customers meeting CRV and KYC criteria, the relationship manager can process applications through scanned forms with signature and bank seal.
Can NRI customers apply for add-on cards?
Yes, NRI customers can apply for supplementary cards by submitting the add-on card application form along with identity and address proof of the supplementary applicant.
How can NRI customers apply for a credit card?
Customers must visit an ICICI Bank branch in India or an overseas representative.
Customer Service
How can customers get variant-specific information?
Customers can visit ICICI Bank’s official website under Cards > Credit Cards or refer to the credit card FAQ section for detailed information.
Miscellaneous
Can customers from high-risk countries apply if they meet CRV criteria?
No, even if CRV criteria are met, customers from excluded or high-risk countries as per OFAC and ECGC lists are not eligible