ICICI Bank Revises Minimum Due Formula; Lounge Access Now Linked To ₹75,000 Spend

ICICI Bank has announced changes to how the Minimum Amount Due (MAD) is calculated on some of its credit cards. The new rules will apply to statements generated from March 2026, depending on the card type.

This change mainly affects customers who usually pay only the minimum amount instead of the full outstanding balance.

What Has Changed in Minimum Amount Due (MAD)?

Earlier, the MAD was mostly a small percentage of the outstanding balance plus interest and charges.

Under the new system, the bank will now include:

• GST
• EMI principal and interest
• Fees and other charges
• Overlimit amount (if any)
• Unpaid minimum from the previous month
• At least 5% of retail spends, cash advances and finance charges

The bank will compare 5% of total spends (including finance charges) with the finance charge amount. The higher value will influence the minimum amount payable.

If finance charges are high due to late payments or cash withdrawals, the minimum due may increase sharply because the full finance charge may be added.

How This Affects Cardholders

For customers who do not clear the full outstanding amount:

• Monthly minimum payments may increase
• Interest burden may reduce over time
• EMIs may get repaid faster

In one example shared by the bank, the minimum due crossed ₹20,000 on a ₹1 lakh spend when finance charges were high. This is much higher than the usual 5% rule many users are familiar with.

In short, paying only the minimum will cost more in the short term but may reduce long-term interest accumulation.

New Rule for Airport Lounge Access

The bank has also changed the conditions for complimentary airport lounge access on select credit cards.

From July 1, 2026, customers must spend ₹75,000 in the previous quarter to qualify for lounge access in the next quarter.

Also Read: Best PSU Stocks in India in February 2026!

What Should You Do?

• Avoid cash withdrawals using credit cards
• Try to pay the total outstanding amount
• Keep track of EMIs and monthly spending
• Avoid rolling over balances

Customers who pay their full dues on time will not be affected by these changes.

ICICI Bank Share Price Movement

ICICI Bank share price (NSE: ICICIBANK) was trading at ₹1,398.90 on the NSE at 11:53 am IST on February 20, up ₹10.10 or 0.73% for the day. The stock opened at ₹1,388.50 and touched an intraday high of ₹1,403.70 and a low of ₹1,384.00. The bank has a market capitalisation of ₹9.91 lakh crore and is trading at a price-to-earnings (P/E) ratio of 19.08. The stock’s 52-week high stands at ₹1,500.00, while the 52-week low is ₹1,200.10. It offers a dividend yield of 0.79%, with a quarterly dividend amount of ₹2.76 per share.

Conclusion

ICICI Bank’s revised credit card rules signal stricter control on revolving credit. While disciplined users will see no impact, those who rely on minimum payments may face higher monthly outflows from the next financial year.

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