1. Introduction
ICICI Bank is one of India’s largest private-sector banks, with a nationwide network of over 6,600 branches and around 16,000 ATMs. It offers a wide range of credit cards that cater to different lifestyles—from no-fee daily-spend cards to premium travel and luxury-tier offerings. This guide helps you navigate the ICICI credit card portfolio, focusing on features, fees, rewards, digital integration, security, comparisons, real-world feedback, and practical advice.
2. Card Categories & Offerings
ICICI’s card lineup is organized into four main categories:
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Entry-Level / Platinum
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Lifestyle (e.g., Coral)
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Premium (Rubyx, Sapphiro)
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Super-Premium & Co-Branded (Amazon Pay, Times Black, Emeralde)
2.1 Entry-Level / Platinum
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Annual Fee: ₹0
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Rewards: 2 points per ₹100 (non-fuel), 1 point per ₹100 on utilities and insurance.
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Ideal For: Budget-conscious users looking for a fee-free card with solid rewards.
2.2 Coral (Lifestyle Card)
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Fee: ₹500 + GST (waivable)
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Rewards: 1–2 points per ₹100, plus dining, shopping, and movie ticket offers via partners like BookMyShow and INOX.
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Ideal For: Casual users who enjoy leisure perks and entertainment benefits.
2.3 Premium Cards (Rubyx / Sapphiro)
Rubyx
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Fee: ₹2,500
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Rewards: 2 points per ₹100
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Perks: Domestic airport lounge access, dining offers.
Sapphiro
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Fee: ₹4,500
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Rewards: Up to 6 points per ₹100
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Perks: DragonPass lounge access, concierge, enhanced rewards on flights and hotels.
2.4 Super-Premium and Co-Branded
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Amazon Pay ICICI Card
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Fee: ₹0
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Rewards: 5% cashback for Prime members (3% for others) on Amazon, 1% elsewhere.
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HPCL Coral
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Fee: ₹500
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Rewards: 2.5% fuel cashback plus lifestyle benefits.
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Emeralde / Times Black
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Fees: ₹10,000+
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Perks: Luxury travel privileges, unlimited lounge access, VIP experiences.
3. Rewards and Benefits
3.1 Standard Reward Rates
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Platinum: ~2 RP/₹100 (general) and 1 RP/₹100 on utilities.
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Coral / Rubyx / Sapphiro: Between 1 and 6 RP/₹100, depending on card and purchase category.
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Amazon Pay: 1–5% cashback depending on status.
3.2 Bonus Offers & Milestones
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Cards like Coral and Rubyx offer bonus points at spending milestones (e.g., hitting ₹1–2 lakh per year).
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Premium cards such as Sapphiro often provide accelerated multipliers (6–12×) on airline and hotel spends.
3.3 Lounge Access & Travel Perks
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Rubyx/Sapphiro: Limited complimentary domestic lounge visits, sometimes based on quarterly spending.
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Times Black: Unlimited lounge access worldwide, chauffeur services, and priority event access.
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Coral: Potential lounge perks if you meet spending criteria.
4. Fees & Interest Rates
4.1 Fee Overview
Card Type | Joining/Annual Fee | Fee Waivable? |
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Platinum | ₹0 | — |
Coral | ₹500 + GST | Yes |
Rubyx | ₹2,500 | Depends |
Sapphiro | ₹4,500 | Depends |
Super-Premium | ₹10,000+ | Depends |
Co-Branded | ₹0–₹2,500 | Depends |
Supplementary | ₹199 | No |
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Revolving Credit: Around 30–44% p.a. (monthly rate of 2.49–3.67%).
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Cash Advance: Interest begins immediately—no grace period.
4.3 Additional Charges
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Fuel Surcharge Waiver: Applies up to ₹50k/month (entry) or ₹100k/month (premium), then 1% surcharge.
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Utility/Insurance Capping: 1% fee beyond set limits.
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Currency Conversion: ~1% dynamic fee on foreign transactions.
5. Eligibility & How to Apply
5.1 Who Can Apply
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Age: Must be 18+ (21+ for some tiers).
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Residency: Indian resident with valid address.
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Income eligibility varies by card—premium cards require higher income.
5.2 Application Methods
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Apply via ICICI iMobile app, net banking, or branch visit.
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Some tiers offer instant virtual cards; physical cards arrive within a week.
5.3 Secure Cards
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ICICI also offers secured credit cards (like the FD-backed Instant FD Card) suitable for those with limited credit history.
6. Digital Integration & Tools
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Instant Virtual Cards: Many cards are instantly issued in digital form.
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iMobile App: Lets you lock/unlock cards, monitor spend, set reminders, track reward points, and enable UPI/QR payments.
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NFC/Contactless: All cards support contactless payments.
7. Security & Fraud Monitoring
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Chip + Contactless Security ensures enhanced protection.
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Real-time Alerts: Immediate notifications for transactions and online authentication.
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Zero Liability on unauthorized usage—unless you've disclosed OTP/CVV.
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Some users have noted concerns over customer support security protocols.
8. Comparison with Other Banks
Feature | ICICI | HDFC | SBI | Axis |
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Fee-Free Cards | Entry tier, Co-brands | Basic and Titanium cards | Advantage, PrimePay | Insta Vibe, Ramp |
Reward Potential | 1–6 RP/₹100 + bonuses | 2–10% on specific categories | 2–10% on payments/income | Travel and lifestyle rewards |
Digital Issuance | Widely available | Strong (Millennia, Magnus) | Moderate | Available, good |
Travel Benefits | Good at premium levels | Strong with Magnus etc. | Limited except premium tiers | Strong (e.g. Magnus Black) |
Co-Branded Cards | Amazon, MMT, HPCL | Amazon, Flipkart | Fly, Federal | Vistara, Uber, MMT |
9. Real-World Customer Insights
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Fast Approvals: Users report approvals and virtual card issuance within hours.
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Lifetime-Free Perks: Employer tie-ups often unlock fee waivers.
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Support Security: Some users flagged concerns about information sharing during live chats.
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Fraud Instances: Noted losses (~₹3 lakh+), with resolution dependent on cardholder’s security practices.
10. Regulatory & Responsible Practices
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ICICI adheres to RBI mandates on transparent disclosures, fee regulations, and consumer protection.
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Supplementary card fees and reward capping were aligned with policy updates in Nov 2024.
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Environmental measures such as reduced paper and plastic usage are secondary, supported by virtual card issuance.
11. Smart Usage Tips
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Select the right card: Shopping (Amazon Pay), travel (Sapphiro), value (Coral), luxe (Times Black).
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Monitor reward caps to prevent unexpected charges.
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Use milestone bonuses to maximize point earnings.
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Pay in full monthly, avoiding high revolving interest.
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Leverage iMobile tools for management and security.
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Stay vigilant: Keep CVV, OTP, and card details private.
12. The Road Ahead
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Digital-first features: Expect more instant issuance and tailored app offers.
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New Co-Brands: Look out for partnerships in travel, lifestyle, and entertainment.
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Policy Changes: Regulators may influence caps and simplify reward terms.
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Enhanced Security: Improvements in chat authentication and fraud safeguards are likely.
13. Quick Summary Table
Card Name | Fee | Rewards | Lounge Access | Best For |
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Platinum | ₹0 | 2 RP/₹100 | No | Everyday, fee-free use |
Coral | ₹500 + GST | 1–2 RP/₹100 | Meeting milestone | Dining, movies, lifestyle |
Rubyx | ₹2,500 | 2 RP/₹100 + bonus | Domestic lounges | Domestic travel & perks |
Sapphiro | ₹4,500 | 6 RP/₹100 + booking perks | Premium lounges | International travel |
Amazon Pay | ₹0 | 1–5% cashback | No | Amazon/online shopping |
Times Black | ₹10,000+ | Curated luxury offers | Unlimited VIP | High-net-worth individuals |
ICICI Bank’s credit card offerings cater to a wide demographic—from no-fee everyday spenders to luxury travelers. With competitive reward rates, extensive co-branded options, and convenient digital features, they offer solid value. The key to maximizing benefits? Know the reward rules, watch for fees, and use the built-in tools wisely.
FAQs
Q: Which ICICI card is best for Amazon purchases?
→ The Amazon Pay ICICI Credit Card gives up to 5% cashback for Prime members and has no annual fee.
Q: Are premium card fees waivable?
→ Yes, for cards like Coral and Rubyx—waivers are possible upon meeting specified spend thresholds.
Q: How easy is it to get lounge access?
→ Quota-based lounge access on Rubyx/Sapphiro; unlimited lounge privileges with Times Black.
Q: Can I use these overseas?
→ Yes, these cards support Visa/Mastercard payments internationally, with ~1% currency conversion charges.
Q: What if I suspect unauthorized transactions?
→ Lock your card via iMobile, report to ICICI immediately, and monitor your account for suspicious activity.
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