ICICI Ferrari Signature Credit Card Review

In the series of exclusive credit cards offered by ICICI Bank next is Ferrari Signature Credit Card. This is a privilege card offered by ICICI in partnership with Ferrari and is specially launched for fans of Ferrari Formula 1 team. ICICI Ferrari Signature Credit Card offers a lot of benefits to its patrons.ICICI Ferrari Signature Credit Card Review

Important Feature of ICICI Ferrari Signature Credit Card

  • Joining Fee: 3,999 + GST
  • Annual Fee: 999 + GST
  • Interest Rate: 3.40% 
  • Foreign Exchange Markup fee: 3.5% + GST
  • One Payback Point is equal to Rs.0.25.

Benefits of ICICI Ferrari Signature Credit Card

  • Welcome Gift: As welcome gift, Cardholders get Scuderia Ferrari watch. This gift is directly delivered within 30 days post payment of joining fee.
  • Annual fee savings: If you spend more than 2, 50,000 in the previous year then the Annual Fee is waived off.
  • The Ferrari Edge: You get 20% discount on Ferrari products at the Ferrari Store in Maranello, Italy. Get up to 15% discount on Ferrari products at the Online Ferrari Store upon doing registration at http://f1member.ferrari.com/. 15% discount on entry tickets to Ferrari World Abu Dhabi for tickets bought at the counter in park. To avail discount Cardholders need to first register as SF member with the code shared by Bank.
  • Benefits for top spenders:
  • In Maranello, Italy visit to the Ferrari Museum and Factory
  • Chance to attend an official Ferrari Challenge race.
  • In Maranello, Italy attend an event with special Ferrari VIP guests.
  • Offer Period: February 15 to July 31, 2019.
  • Reward points (RP): You get 2 PAYBACK points per Rs.100 spent on retail purchases except fuel. You also earn PAYBACK Points from PAYBACK Partner Brands for the same purchase such as Bata, lenskart.com, fabindia, Ajio and others.
  • VISA Lounge access: Complimentary access to domestic airport lounges in India as per VISA Signature Program.

Movies Ticket Offer

  • BookMyShow/Inox Offer

Buy 1 ticket and get the other ticket free any day of the week at BookMyShow  / INOX Movies.

Get up to 2 free tickets per month valued up to Rs. 300 per ticket.

Successful booking is on first come first serve basis and is subject to daily stock availability.

  • Culinary Treats:

Save 15% on your dining bill at more than 2,500 participating restaurants spread across 12 major cities with the ICICI Bank Culinary Treats programme.

  • Fuel Purchases:

1% fuel surcharge waiver can be availed on fuel transactions of up to 4,000 at all HPCL pumps.

The payment should be made by swiping the card on ICICI Merchant Services swipe machines only to avail of the offer.

Comparision of Ferrari Signature Credit Card and Ferrari Platinum Credit Card

ICICI Ferrari Signature Credit Card ICICI Ferrari Platinum Credit Card
· Joining fee: Rs. 3,999 + GST · Joining fee: Rs. 499 + GST
· Annual fee: Rs. 999 + GST · Annual fee: Rs. 499 + GST
· Annual Fee is waived off if card spends are greater than Rs. 2,50,000 in the previous year · Annual Fee is waived off if card spends are greater than Rs. 1,25,000 in the previous year
· Welcome Gift on joining: Scuderia Ferrari watch · No welcome gift on Joining

Thus, ICICI Ferrari Signature Credit Card lets the user experience Scuderia Ferrari like never before. So, as per your budget and choice you can choose from ICICI Ferrari Signature Credit Card or ICICI Ferrari Platinum Credit Card and enjoy various rewards or benefits.

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