ICICI Bank Parakram Select
ICICI Bank · Checked 2026-10-09
ICICI Bank Parakram Select is a no-annual-fee option centred on shopping rewards, dining rewards and airport lounge access.
CardIQ editorial view
Our take
ICICI Bank Parakram Select is a no-annual-fee option centred on shopping rewards, dining rewards and airport lounge access.
Who it suits
- People who prioritise shopping rewards.
- People who prioritise dining rewards.
- People who prefer keeping a card without an annual membership cost.
Key strengths
- 10 points per ₹100 on eligible groceries, department stores and CSD; 2 on other eligible domestic purchases.
- Lounge and insurance benefits follow the issuer’s eligibility and programme conditions.
Trade-offs to understand
- Accelerated earn capped at 1,000 points per month.
- Lounge and insurance benefits follow the issuer’s eligibility and programme conditions.
CardIQ verdict
A sensible long-term choice when you want shopping rewards, dining rewards and airport lounge access without a recurring membership charge. Check this condition before applying: Accelerated earn capped at 1,000 points per month.
Compare before deciding
- Apollo SBI Card SELECT — A higher-fee option to compare for broader benefits around shopping rewards and reward points.
- Shaurya Select SBI Card — A higher-fee option to compare for broader benefits around shopping rewards and reward points.
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Benefits, limits and conditions
- Accelerated earn capped at 1,000 points per month.
- Lounge and insurance benefits follow the issuer’s eligibility and programme conditions.