ICICI Bank Emeralde Credit Card
Key Details of ICICI Bank Emeralde Credit Card
| Best for | Lifestyle |
| Joining fee | Rs. 12,000 + GST; Reversed on spending Rs. 15 Lakh or above |
| Annual fee | Rs. 12,000 + GST; Reversed on spending Rs. 15 Lakh or above |
| Monthly membership fee | Rs. 1,000 + GST; Reversed on spending Rs. 1 Lakh or above in a month |
| Rewards | 4 RP on every Rs. 100 spent on all retail transactions except fuel & 1 RP on every Rs. 100 spent on utilities & insurance |
| Complimentary lounge access | Unlimited visits to international & domestic airport lounges |
| Movie offer | BOGO offer on movie & event tickets, up to 4 times each month on tickets worth up to Rs. 750 through BookMyShow |
| Fuel surcharge waiver | 1% on spending Rs. 5,000 every month on fuel |
| Dining benefit | 15% discount on dining bill at participating restaurants through the ICICI Bank Culinary Treats Programme |
| Age | Minimum 21 years |
ICICI Emeralde Credit Card Benefits
ICICI Emeralde card is a perfect fit for high-net-worth individuals with affluent lifestyles and travel needs. Some of the key benefits are:
- Complimentary Airport Lounge Access: With the DreamFolks programme, you get unlimited free access to airport lounges and complimentary Boingo Airport Wi-Fi access worldwide for cardholders and their companions. The card also unlocks unlimited spa access in domestic airports.
- Offers on Movies and Events Tickets: Get ₹750 off on movies and tickets up to 4 times a month with the BookMyShow partnership.
- Complimentary Golf Sessions: Play up to 4 rounds of complimentary golf every month.
- Wellness Services: Enjoy grooming sessions with attractive discounts at premium parlours and salons such as VLCC, Kaya Skin Clinic, and Richfeel.
- Fitness Perks: Up to 50% off on premium gym memberships such as Gold's Gym and Talwalkers.
- Concierge Services: Access to a dedicated 24/7 concierge service for travel bookings, restaurant reservations, special event coordination, and more from anywhere.
- Reward Points on Every Spend: Earn ICICI reward points (4 points for every ₹100 retail spend and 1 point for every ₹100 used to pay for utilities) on all domestic and international transactions, redeemable for exclusive vouchers, travel rewards, and more.
- Insurance Coverage: Complimentary travel and health insurance, including air accident cover (₹3 crores), card liability cover (₹50,000), baggage insurance (₹25,000), loss of checked-in baggage (₹84,000), and more provides peace of mind for frequent travellers.
- Hassle-free Cancellations: Enjoy zero cancellation charges on hotel, travel, and movie ticket bookings worth up to ₹12,000 two times a year.
- Extravagant Birthdays: Every Emeralde credit card holder can spend birthdays in style with ₹7,500 worth of vouchers at Trident Hotels and ₹5,000 gift vouchers from Da Milano as you splurge ₹2,00,000 on the first two months of joining. American Express credit card holders get ₹5,000 worth of gift vouchers from Tata CliQ on their birthday month.
- Dining Privileges: Discounts of up to 15% at select fine dining restaurants across India.
- Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on fuel purchases at any station, helping you save on every refill.
ICICI Bank Emeralde Credit Card Charges
The charges and fees associated with the ICICI Emeralde credit card are given below:
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹12,000 + GST (reversed upon reaching ₹15,00,000 annual spend) |
| Flexible Membership Fee |
|
| Finance Charges on Overdue | 3.40% per month |
| Cash Withdrawal Fee | Nil |
| ATM Cash Withdrawal Fee | 1.99% reduced APR |
| Foreign Currency Mark-up | 1.5% on international transactions |
| Late Payment Fee | Ranges from ₹100 to ₹1,200, depending on the outstanding balance |
| Over-limit Fee | Nil |
ICICI Emeralde Credit Card Eligibility Criteria
To be eligible for the ICICI Emeralde Credit Card, applicants must meet the following criteria:
- Income Requirement: Salaried individuals with a minimum annual income of ₹1,50,000 or self-employed individuals with an annual income of ₹18,00,000.
- Existing Customers: All ICICI Bank Global Private Client customers are automatically eligible.
Documents Required for Application
Some of the common documents needed for applying for Emeralde credit card are:
- Proof of Identity: Passport, Aadhaar, or PAN card.
- Proof of Address: Utility bill, rental agreement, or Aadhaar.
- Income Proof: Latest salary slips, income tax returns, or Form 16.
How to Apply for ICICI Bank Emeralde Credit Card?
Applying for the ICICI Bank Emeralde credit card can be done through the following methods:
- Online Application: Visit the official website of ICICI Bank, go to the credit cards section, and choose the Emeralde Credit Card. Follow the on-screen instructions to complete the application form and upload the necessary documents.
- In-person at Branch: Visit any ICICI Bank branch with the required documents. A bank representative will assist with the application process.
ICICI Emeralde Credit Card Review
The ICICI Emeralde credit card is a premium offering that brings a host of privileges to the sophisticated cardholder. It combines lifestyle, travel, and wellness benefits in a single card, making it appealing to frequent travellers and luxury seekers.
However, the reward points are limited compared to other luxury credit cards from HDFC or Axis Bank. While the joining and annual fees are on the higher side, they are justifiable given the benefits provided, especially for those who spend significantly and can reach the annual fee waiver threshold.
Overall, the ICICI Emeralde credit card is a worthwhile choice for individuals looking for an upscale credit experience who are interested in golfing, travelling, and luxury connoisseur services.
FAQs
Points can be redeemed through the ICICI Bank Rewards portal for travel vouchers, merchandise, gift cards, and more.
The Emeralde Card offers lounge access, dining discounts, wellness benefits, reward points, and concierge services, among other exclusive perks.
The Emerald Private is an upgraded variant that offers even more personalised services, higher insurance coverage, and exclusive rewards than the regular Emerald card.
The ICICI Bank Emeralde credit card has no cash withdrawal fee. However, there is a cash advance fee of 1.99% per annum on the advance amount.
The annual fee is ₹12,000, which can be reversed upon reaching a yearly spend of ₹15,00,000.
Yes, the ICICI Emeralde credit card is available in a sleek metal version for a luxurious feel.
The ICICI Emeralde credit card has a high annual fee, but with high spending, this fee can be reversed. There are no hidden charges, but users should review standard fees for international transactions and cash withdrawals.