ICICI Business Advantage Black Credit Card
ICICI Bank
Last updated: Feb 03, 2026
₹1,000
₹1,500
3.5%
8 visits/yr
Contents
A business-focused credit card that helps companies save on recurring business spends with targeted cashback and business tools. It offers accelerated cashback on travel, hotels and professional services plus complimentary lounge accesses for business travellers. Card controls and expense visibility help manage company spending efficiently.
Features of ICICI Business Advantage Black Credit Card which makes it unique
Business Cashback Programme
Targeted cashback on recurring business spends
Direct savings on company expenses
Designed for business expense categories
Expense Reporting
Simplified spend tracking for reconciliation
Easier bookkeeping
Better than basic card statements
Rewards Structure of ICICI Business Advantage Black Credit Card
Business Expenses
baseEligible business spends such as travel, hotels, vehicle rentals and professional services
Cashback capped per month; subject to merchant and category eligibility
Travel
acceleratedFlight and hotel bookings via eligible channels
Offers and partners subject to periodic change
Base Rewards
baseAll other merchants
Redeemable as per ICICI redemption chart
Milestones of ICICI Business Advantage Black Credit Card
Monthly Cashback Cap
N/A : Cashback capped at ₹2,000 per month on eligible business spends
Fees & Charges of ICICI Business Advantage Black Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹1,500 |
| Annual Fee | ₹1,000 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Annual fee charged from second year; waiver/discount available on meeting minimum annual spend as per bank T&Cs.
Fee Explanation Standard bank rates and applicable taxes apply to fees and overdue amounts. Refer to card terms for full fee schedule.
Detailed Explanation of ICICI Business Advantage Black Credit Card Fees
Joining Fee: 1500 (one-time)
Payable at issuance; see bank T&Cs
Annual Fee: 1000 (yearly)
Charged from second year; waiver on meeting minimum spends as per bank policy
Forex Mark-up: 3.5% (transaction)
Applies on foreign currency transactions
Lounge Access Benefits with ICICI Business Advantage Black Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Complimentary domestic lounge access (2 per quarter) at select airports; subject to T&Cs
Insurance Coverage with ICICI Business Advantage Black Credit Card
Air Accident Cover
₹75,00,000Subject to card terms and eligibility
Additional Features of ICICI Business Advantage Black Credit Card
Expense Controls
Tools to manage and monitor business spends
Add-on Cards
Add-on cards available for employees
Limits and controls subject to bank policy
Welcome Bonus with ICICI Business Advantage Black Credit Card
Welcome Bonus: reward points & vouchers
Bonus Conditions: Valid for new business customers only; subject to ICICI Bank terms and eligibility. See issuer T&Cs for full details.
Application Process for ICICI Business Advantage Black Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via ICICI Bank business cards portal or at a branch
Upload KYC and business documents
Bank performs verification and credit assessment
Card dispatched after approval (timing per bank)
Required Documents for ICICI Business Advantage Black Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Business Proof
businessAccepted documents:
ICICI Business Advantage Black Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally where Visa is accepted
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for ICICI Business Advantage Black Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹30,000
Minimum annual income
Self-Employed Applicants
₹40,000
Minimum annual income
Who Can Apply
Important Conditions
- Business registration / GST details may be required for business applications; valid PAN/Aadhaar for KYC.
How Approval Is Decided
- Minimum income requirement as per card rules
- Valid KYC (PAN, Aadhaar)
- Business and credit assessment
Pros of ICICI Business Advantage Black Credit Card
- Attractive cashback for business spends
- Useful expense management tools
- Complimentary domestic lounge visits
Cons of ICICI Business Advantage Black Credit Card
- Forex mark-up higher than premium travel cards
- Benefits mainly tailored to business categories
Frequently Asked Questions about ICICI Business Advantage Black Credit Card
Is there a joining fee?
Yes, a one-time joining fee of ₹1,500 applies at issuance; refer to bank T&Cs for exceptions.
What is the annual fee and waiver policy?
Annual fee is ₹1,000 (charged from second year). Waiver or reduction available on meeting minimum annual spends as per ICICI policy.
How much cashback can I earn monthly?
Cashback on eligible business spends is capped at ₹2,000 per month; category eligibility applies.
Does the card offer lounge access?
Yes — complimentary domestic lounge access (typically 2 per quarter) at select airports; check the latest list on issuer site.
What is the forex mark-up fee?
A forex mark-up of approximately 3.5% applies on foreign currency transactions.
Can I add employee cards?
Yes — add-on cards are available for employees; spend controls and limits can be applied.
Add Your Review
Reviews (0)
No reviews yet
Be the first one to review this card.