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ICICI Bank
ICICI Bank Sapphiro Credit Card
4.3Best for travel
Lounge access
- Joining fee
- ₹6,500
- Annual fee
- ₹3,500
- Welcome bonus
- ₹13,000
- Forex markup
- 3.5%
- Interest p.a.
- 45%
- Min income
- ₹75,000/mo
How this card earns
Reward rates by category, with caps and an estimated yearly value.
| Spend category | Reward rate | Monthly cap | Est. value/yr |
|---|---|---|---|
Travel 4 reward points per Rs.100 on international spends. 1 reward point valued at ~Rs.0.25, so effective ~1% value-back on international/travel spends. | 1% | — | ₹1,200 |
Utilities & bills 1 reward point per Rs.100 on utilities and insurance. At ~Rs.0.25/point this is ~0.25% value-back. | 0.25% | — | ₹300 |
Insurance 1 reward point per Rs.100 on insurance. ~0.25% value-back at Rs.0.25/point. | 0.25% | — | ₹300 |
| All other spends | 0.5% | — | ₹600 |
Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.
Fees & charges
Joining fee₹6,500
Annual fee₹3,500
Annual fee waiverAnnual fee waived on spend of Rs.6,00,000 in previous year
Foreign currency markup3.5%
Finance charge (p.a.)45%
Fuel surcharge waiver1%
Spend milestones
| Annual spend | Benefit | Value |
|---|---|---|
| ₹4,00,000 | 4,000 reward points on Rs.4,00,000 annual spend | ₹1,000 |
| ₹5,00,000 | 2,000 reward points for every additional Rs.1,00,000 spend (up to 20,000 points / year) | ₹500 |
Key benefits
- Airport lounge access — 4/quarter domestic, 2/year international (Domestic lounge access requires Rs.75,000+ spend in previous quarter)
- 2 reward points per Rs.100 on domestic retail spends
- 4 reward points per Rs.100 on international spends
- Welcome vouchers worth over Rs.13,000
- Buy 1 Get 1 movie tickets via BookMyShow
- Dining discounts via ICICI Culinary Treats
- Golf privileges
- Air accident and travel insurance cover
- 1% fuel surcharge waiver (Rs.400-Rs.4,000)
What we like
- +Strong lounge access (4 domestic/quarter + 2 international/year)
- +Generous welcome vouchers worth over Rs.13,000
- +Milestone reward points up to 20,000/year
- +Lifestyle perks - movies, dining, golf
What to watch
- −High joining (Rs.6,500) and annual (Rs.3,500) fees
- −Base reward rate is modest (~0.5% on retail)
- −High income eligibility requirement
- −High 3.5% foreign currency markup
Compare with similar cards
- Top reward
- 5%
- Annual fee
- Lifetime free
- Top reward
- 1%
- Annual fee
- ₹12,000
- Top reward
- 5%
- Annual fee
- ₹500
- Welcome bonus
- ₹500 value