The Hindu Business Line : ICICI Bank launches credit card for NRIs

ICICI Bank has launched a credit card, called `Global Indian Credit Card' for NRIs. It is an international credit card denominated in Indian rupees and will cater to NRIs visiting India.

It also provides the facility of supplementary cards for family members of NRIs and can be issued in both India and overseas, said a press release from the bank.

The card is available in two variants — Silver with maximum credit limit of Rs 1,00,000 and Gold with maximum credit limit of Rs 3,00,000.

The cards also provide insurance, which includes household insurance, baggage insurance and hospitalisation benefits for both primary and add-on cards up to Rs 20 lakh.

The card will be accepted at 22 million merchant establishments and the re-payment for purchases can be made through an automatic debit of the customer's savings account.

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