ICICI Bank
ICICI Bank Sapphiro Credit Card
4.3 / 5visa · mastercard
- Joining fee
- ₹6,500
- Annual fee
- ₹3,500
- Base reward
- 0.5%
- Min income
- ₹75,000/mo
- Forex markup
- 3.5%
- Interest p.a.
- 45%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Travel | 1% | Uncapped |
| Utilities & bills | 0.25% | Uncapped |
| Insurance | 0.25% | Uncapped |
Benefits
- ▸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)
The good
- + 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
The catch
- − 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