ICICI BANK

ICICI Bank (Industrial Credit and Investment Corporation of India), offers a range of banking and financial services for corporate and retail customers. Owing to its popularity among customers, it is not surprising that the bank offers a variety of credit cards to its customers. To make comparison easier for you, we have listed the best ICICI credit cards in this review.The table below contains the best credit card from each category.

Top ICICI Bank Credit Cards in India

Card Name Category Annual Fee Annual Bonus
 ICICI Bank Sapphiro Credit Card  Super Premium  Year 1: INR 6,500 + GST Year 2: INR 3,500 + GST  Vouchers worth INR 10,000
ICICI Bank HPCL Coral American Express Credit Card  Fuel  INR 199 + GST  Nil
ICICI Instant Platinum Credit Card For unemployed and non-salaried class Nil  Nil
Jet Airways ICICI Bank Sapphiro Credit Card  Travel  INR 5,000 15,000 bonus points
ICICI Bank Coral Credit Card  Movies  Year 1: INR 1,000 Year 2 onwards: INR 500  Max 2,000 PAYBACK points and a Provogue tie worth INR 999
ICICI Bank Expressions Credit Card  Customized/ Personalized Card  INR 499  Nil
ICICI Bank Carbon Credit Card  Enhanced security, one-time fee card  INR 1,000  Nil
ICICI Bank Ferrari Signature Card  For offers on Ferrari merchandise  Year 1: INR 3,999 + GST Year 2 onwards + GST Complimentary Scuderia Ferrari watch
ICICI Bank Rubyx Card Premium card  Year 1: INR 3,000 + GST NIL

ICICI Bank Credit Cards - Features and Benefits

ICICI Bank Sapphiro Credit Card (Super-Premium Card)

The ICICI Bank Sapphiro Credit Card is a super-premium card that offers good welcome bonus and milestone benefit. Furthermore, it offers complimentary airport lounge access and golf games every year. Additionally, you can get up to 15% dining discounts with this credit card. With this card, you can earn u to 20,000 PAYBACK points every year.

Pros and Cons

Reasons to Choose Reasons to Avoid
 Airport Lounge Access  Devaluation of card
 Joining benefit  High Annual Fee
 Golf privileges  High Interest Rate
 Dining discounts  Unimpressive Rewards Rate

Rewards/Benefits

  • Welcome Benefit - Shopping and Travel Vouchers worth INR 10,000 upon payment of joining fee.
  • Airport Lounge Access -
    • - 4 complimentary domestic airport lounge visits per quarter.
    • - 2 complimentary international airport lounge visits.
  • Golf rounds - 4 complimentary rounds of golf based on eligible spends.
  • Movie offers - 2 complimentary BookMyShow movie or event tickets worth INR 500 every month.
  • Dining Discounts - 15% savings on dining bills
  • Reward points -  Up to 20,000 payback points
    • - Up to 6 PAYBACK points on every INR 100 spent.
    • - 1 PAYBACK point for every INR 100 spent on Fuel.
  • Earn more with the Amex Sapphiro card.
  • Milestone Benefit:
    • - 4,000 PAYBACK points on spending INR 4,00,000 on your card and 2,000 PAYBACK points each time you cross INR 1,00,000 spend thereafter in an anniversary year. per year.

Quick Figures

Annual Fee Year 1: INR 6,500 + GST Year 2: INR 3,500 + GST
Annual Bonus Vouchers worth INR 10,000
APR 40.8%
Minimum Requirements A good credit score

The ICICI Bank Sapphiro Credit Card, although marketed as a Super Premium Card, has lost some of its charms after its devaluation. Earlier, you would have received a membership to the Gold Elite tier of Flying Blue, the leading European frequent flyer programme, upon purchase of a return trip air ticket from Air France-KLM. Moreover, the PAYBACK points on this card are not as good as similar cards in this segment. Therefore, it would not be incorrect to say that the Sapphiro Card is rather premium card and not Super-Premium.

ICICI Bank HPCL Coral American Express Credit Card (For Fuel)

The ICICI Bank HPCL Coral American Express Credit Card primarily offers savings on fuel transactions. Since it is an American Express Card, access to airport lounge is also included in this card. Furthermore, this card comes with a very low annual fee of INR 199 plus taxes. For someone who wants an entry-level card with decent benefits, this card will serve the purpose well.

Pros and Cons

Reasons to Choose Reasons to Avoid
 Up to 3.5% savings on Fuel Restricted to HPCL petrol pumps
 Airport Lounge Access  Cash back capped at INR 100
 Dining discounts
 Discounts on movie tickets

Rewards/Benefits

  • Reward points - 
    • - 6 PAYBACK points on every INR 100 spent at HPCL petrol pumps where 1 PAYBACK point is INR 0.25.
    • - 2 PAYBACK points on other retail spends
  • Fuel Surcharge Waiver - 2.5% cashback & 1% Fuel Surcharge Waiver on fuel purchase at HPCL petrol pumps
  • Movie offers - INR 100 discount on 2 movie tickets.
  • Dining Discounts -  Minimum 15% discount on dining bills at partner restaurants.

Quick Figures

Annual Fee INR 199 + GST Waived off on spending INR 50,000 a year.
Annual Bonus Nil
APR 40.80%
Minimum Requirements A good credit score

The ICICI Bank HPCL Coral American Express Credit Card is the best ICICI Credit Card for reducing fuel expenses. However, the only disadvantage with this credit card is that the cash back is capped at INR 100 every month. Moreover, to qualify for this card, the minimum transaction at petrol pumps should be INR 500. Although it is restricted to HPCL petrol pumps, it still offers a decent cash back and savings on fuel.

ICICI Bank Instant Platinum Credit Card (For unemployed or non-salaried class)

The ICICI Bank Instant Platinum card comes with a zero annual fee and is an entry-level card that can be obtained by having an ICICI Bank Fixed Deposit (FD) of INR 20,000 or more for at least 180 days. Although the rewards rate for this card is only 0.5%, it serves all your basic requirements with every swipe. This card primarily targets students, housewives, unemployed people and people with poor credit scores. Therefore, you can make use of this card to build or improve your credit history.

Pros and Cons

Reasons to Choose Reasons to Avoid
Zero Annual Fee No initial bonus
 Low interest rate  No airport lounge access
 Instant Approval  No golf games
 Dining discounts  Fuel Surcharge Waiver only at HPCL petrol pumps
 Cash back on BookMyShow tickets

Rewards/Benefits

  • Quick Approval - Instant approval with an FD of INR 20,000
  • Dining Discounts - 15% savings on dining bills
  • Movie offers - Cash back of INR 100 (max) on a purchase of up to 2 tickets a month
  • Advanced security - Augmented security with a microchip technology

Quick Figures

Annual Fee Nil
Annual Bonus Nil
APR 23.88%
Minimum Requirements Fixed Deposit of INR 20,000 (minimum) This FD should be maintained for a period of at least 180 days.

Since you can obtain this credit card, without submitting your income documents, this card is indeed a saviour when it comes to getting access to credit for people with poor or no credit history.

Jet Airways ICICI Bank Sapphiro Credit Card (For Travel)

The Jet Airways ICICI Bank Sapphiro Credit Card is the best ICICI credit card in the travel category. Not only does it provide an impressive welcome bonus but also a good renewal bonus. It also offers the opportunity to earn 10 JPMiles with every INR 100 spent on this card. Furthermore, this credit card also allows savings n movie tickets by offering up to 2 complimentary movie or event tickets worth INR 500 every month. By spending INR 50,000 on your card every month, you can also win complimentary golf rounds every month.

Pros and Cons

Reasons to Choose Reasons to Avoid
 Priority Pass Membership  Maximum JPMiles capped at 60,000
 Unlimited Airport Lounge Access on Amex and 2 visits on Visa  High Annual fee
 One complimentary golf round on meeting eligible spend  Supplementary card fee
 Free tickets on BookMyShow  Restricted to one airline
ICICI Bank Culinary Treats Programme

Rewards/Benefits

  • Welcome and Renewal Bonus -  Complimentary 10,000 bonus points on joining and 5,000 bonus points on renewal.
  • Jet Airways Benefits -
    • - Complimentary Jet Airways Economy Class base fare waived off domestic air ticket code as a renewal benefit.
    • - 5% discount on Base Fare for all domestic/international air tickets booked on JetAirways.
  • Golf rounds - Complimentary golf rounds on meeting eligible spend requirements of INR 50,000 on this card.
  • JPMiles - Up to 10 JPMiles for every INR 100 spent on this card.
  • Dining Discounts - Access to ICICI Bank Culinary Treats Programme which offers a minimum 15% discount at partner restaurants.

Quick Figures

Annual Fee INR 5,000
Annual Bonus 15,000 bonus points
APR 42%
Minimum Requirements No eligibility criteria mentioned but a person should have a good credit history

The Jet Airways ICICI Sapphiro Card is perfect for frequent flyers of Jet Airways. If you don't like the services provided by Jet Airways, this credit card is not for you. One of the major disadvantages of this credit card is that the JPMiles is capped at 60,000 bonus points a year.

ICICI Bank Coral Credit Card (For Movies)

The ICICI Bank Coral Credit Card is the best credit Card offered by ICICI for the entertainment category. You can get up to 2 free BookMyShow tickets with this card. Additionally, it provides competitive discounts on both dining and fuel spends. Furthermore, you can visit one domestic airport and railway lounge each with this credit card.

Pros and Cons

Reasons to Choose Reasons to Avoid
 Buy One Get One Free ticket on BookMyShow  High interest rate
 Complimentary Airport Lounge Access and Domestic Lounge Access  Limited access to airport lounge
 Dining discounts  No golf privileges

Rewards/Benefits

  • PAYBACK points -
    • - 4 PAYBACK points on every Rs. 100 spent on dining, groceries and at supermarkets
    • - 2 PAYBACK points on every Rs. 100 spent on your card
  • Movie Offers - Buy one movie ticket and get the other free at BookMyShow
  • Airport Lounge Access - One complimentary domestic lounge access and one complimentary airport lounge access
  • Savings on dining bills - 15% dining discounts at select restaurants
  • Fuel Surcharge Waiver - 1% Fuel Surcharge Waiver at all HPCL pumps.

Quick Figures

Annual Fee INR 500 but Joining fee is INR 1,000
Annual Bonus Minimum 2,000 payback points on meeting eligible spends and Provogue tie worth INR 999
APR 40.80%
Minimum Requirements No eligibility criteria mentioned but a person should have a good credit history

The ICICI Bank Coral Credit Card does a good job in satisfying movie lovers by giving them 2 complimentary movie tickets a month. Since this card comes with a very low fee of INR 500, one complimentary domestic airport lounge access and one railway lounge access is also good. Additionally, this card takes care of your everyday needs of fuel and dining bills.

ICICI Bank  Expressions Credit Card (For personalized Card)

The ICICI Bank Expressions Credit Card offers a unique feature of card customization. You can upload your own picture or anything that takes you down the memory lane. Additionally, it comes with a low annual fee. You can also enjoy minimum 15% discounts on dining bills. Furthermore, you can make some savings on movie tickets with the Expressions Card. Nevertheless, the only feature that's impressive or unique is the customization feature. Except for that, other features fail to impress.

Reasons to Choose Reasons to Avoid
 Personalised credit card  only one complimentary domestic airport lounge access
 Fuel Surcharge Waiver No cash back
 Dining discounts No welcome bonus

Rewards/Benefits

  • Reward points - 3 PAYBACK points for every INR 100 spent on retail spends.
  • Airport Lounge access - 1 complimentary domestic airport lounge visit
  • Fuel Surcharge Waiver - 1% Fuel Surcharge Waiver at all HPCL petrol pumps.
  • Savings on dining bills - 15% dining discounts as per the Culinary Treats Programme offered by ICICI.
  • Movie offers - Up to INR 100 discount every month on a maximum of movie tickets, which is on first come first serve basis.
  • Annual Fee Reversal - Annual Fee Waived off on spending INR 1,50,000 over the previous year.

Quick Figures

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Annual Fee INR 499 + GST
Annual Bonus Nil
APR 40.80%
Minimum Requirements No eligibility criteria mentioned but a person should have a good credit history

The ICICI Bank Carbons Credit Card is perfect for you if you are one of those people who love personalizing their possessions. However, if you are not one of those people, then this card does not really have much to offer. The Annual Percentage Rate is also on the higher side for this card. Moreover, you don't get any welcome offer or benefit with this card.

ICICI Bank Carbon Credit Card (One time Fee card and enhanced security)

The ICICI Bank Carbon Credit Card is an invite-only one-time fee credit card that offers high-end security. With this credit card, you can generate OTP for online transactions on the alpha-numeric LCD screen of the credit card. Additionally, this card gives a 2.5% Fuel Surcharge Waiver at all petrol stations. Furthermore, the dining discounts offered by this card are also comparable to other credit cards, thereby, making it a value for the money card.

Pros and Cons

Reasons to Choose Reasons to Avoid
Travel offers at Ezeego1 and airport lounge access  High interest rate
 LCD Screen card to generate highly secure OTP  No welcome bonus
 Dining discounts  No access to golf courses
Fuel Surcharge Waiver  Invite-Only Card

Rewards/Benefits

  • Advanced security - Highly secure card which reduces chances of fraudulent transactions.
  • Movie Benefits - Buy one movie ticket and get one ticket free every Friday to Sunday and save up to INR 300 per ticket.
  • Airport Lounge Access - Up to 4 visits to airport lounge per quarter
  • Travel Offers - Savings on both domestic and international hotel, flight and holiday bookings.
  • Fuel Surcharge Waiver - 2.5% waived at all petrol stations for a maximum transaction of INR 4,000.
  • Dining Discounts - A minimum of 15% discounts on dining bills at select restaurants.
  • Rewards - 2 PAYBACK points for every INR 100 spent on retail spends.

Quick Figures

Annual Fee One-time fee of INR 1,000
Annual Bonus Nil
APR 40.80%
Minimum Requirements Invite-Only Card

The ICICI Bank Carbon Credit Card is great for you if you want to stop worrying about fraudulent transactions on your credit card. Additionally, the movie offers and the number of airport lounge access visits offered on this card is also reasonable for a one-time fee card. The only disadvantage of this card is that it is an invite-only card.

ICICI Bank Ferrari Signature Card (For offers on Ferrari merchandise)

The ICICI Bank Ferrari Signature Card is a credit card for Ferrari owners, who want to get exclusive deals on Ferrari merchandise. This card also offers a discount on entry tickets to Ferrari World Abu Dhabi. Additionally, the top spenders would get exclusive benefits such as an opportunity to attend an official Ferrari Race, a visit to Ferrari Museum and Factory. Moreover, you also get access to airport lounges, buy one- get one free movie ticket on any day and also dining discounts with the ICICI Ferrari Credit Card.

Pros and Cons

Reasons to Choose Reasons to Avoid
Up  to 20% discount on Ferrari Merchandise  High interest rate
 Benefits for top spenders  No international airport Lounge Access
 Fuel Surcharge Waiver No complimentary access to Golf courses
ICICI Bank Privileges such as BookMyshow offers, dining discounts, Aiport Lounge  Access Unimpressive Reward Rate

Rewards/Benefits

  • Discounts
    • - Up to 20% discounts on Ferrari Merchandise at Ferrari store at Maranello Italy.
    • - A maximum of 15% discount at online Ferrari store.
    • - Up to 15% discount on entry tickets to Ferrari World Abu Dhabi tickets.
  • Benefits for Top Spenders
    • - Opportunity to attend an official Ferrari Challenge race
    • - Visit the Ferrari Museum and Factory in Maranello, Italy
    • - Attend an event with special Ferrari VIP guests in Maranello, Italy
  • Welcome Benefit - Complimentary Scuderia Ferrari watch on joining
  • Airport Lounge Access - Get access to domestic airport lounge with your Ferrari Signature credit card.
  • Fuel Surcharge Waiver - 1% Fuel Surcharge Waiver at all HPCL Petrol Pumps.
  • ICICI Culinary Treats Programme - A minimum 15% discount on dining bills at select restaurants.

Quick Figures

Annual Fee Year 1: INR 3,999 + GST Year 2: INR 999 + GST
Annual Bonus Scuderia Ferrari watch on joining
APR 40.80%
Minimum Requirements No eligibility criteria mentioned but a person should have a good credit history

The Ferrari Credit Card primarily targets Ferrari owners who wish to get discounts on Ferrari Products. However, this card is not suitable for you if you are not a Ferrari fan.

ICICI Bank Rubyx Card (Premium Card)

The ICICI Bank RubyX card is a premium gemstone card offered by ICICI which offers premium services like access to golf course and domestic airport and railway lounge access. Additionally, this card offers welcome benefit in the form of shopping and travel vouchers worth INR 5,000.

Pros and Cons

Reasons to Choose Reasons to Avoid
Welcome Benefit  High Annual Fee
Golf course access  High interest rate
 Airport and railway lounge access  Unimpressive Reward Rate
2X Rewards on International Transactions

Rewards/Benefits

  • Welcome Benefit:  Shopping and Travel vouchers worth INR 5000 on payment of joining fee.
  • PAYBACK points: Up to 15,000 points a year.
  • Golf rounds: 2 complimentary rounds of golf every month.
  • Rewards on International Spends: 2X Rewards on international spends.
  • Milestone Benefit: 3,000 PAYBACK points on spending INR 3,00,000 on your card and 1,500 PAYBACK points each time you cross Rs. 1,00,000 spend thereafter in an anniversary year.
  • Earn more with Rubyx American Express card than Rubyx Master Card.

Quick Figures

Annual Fee INR 3,000 + Taxes
Annual Bonus INR 5,000
APR 40.80%
Minimum Requirements No eligibility criteria mentioned but a person should have a good credit history

The ICICI Bank Rubyx Card comes with a bunch of benefits for its users. Additionally, the milestone benefits offered by this card. However, there are better credit cards that you can get at such an annual fee.

Bottom Line

The ICICI Bank Credit cards serve a bunch of purposes such as savings on fuel, movies, travel and dining. Additionally, all of these cards offer a Culinary Treats Programme, where you would get a minimum 15% discount on dining bills. The top competitors for the best ICICI Credit card are ICICI Bank Saphhiro Card and Jet Airways Sapphiro Card. The former is a super- premium card offering vouchers worth INR 10,000, whereas the latter is a travel credit card which offers around 15,000 bonus points yearly. For fuel, HPCL coral card works best and for movies, ICICI Bank Coral Credit provides the best offers. Furthermore, ICICI also offers some metro cards and cards for Ferrari users.

FinTown Advantage:  We provide unbiased personal finance advice to help people make the best possible financial decisions. Our reviews and ratings of financial products are determined by customer financial wellbeing and not profiteering. Whether or not we make a penny, we do what is best for the customer. Our research team is made up of economists and market researchers who spend hundreds of hours researching and comparing products with the same mission in mind.

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