ICICI Bank Emeralde Credit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Emeralde Credit Card is a premium offering designed for individuals who enjoy a luxurious lifestyle and are high-net-worth individuals (HNIs). It provides exclusive benefits such as unlimited access to international and domestic airport lounges, complimentary golf rounds, and attractive offers on movies and events. The card also features a reduced foreign currency markup fee and comprehensive insurance coverage, catering to frequent travelers and those seeking a high-end credit card experience.

Welcome Benefits

• Shopping voucher from TATA CLiQ worth ₹5,000 for American Express Cardholders as a birthday benefit.

Fees

• Joining Fee: ₹12,000 + GST
• Annual Fee: ₹12,000 + GST
• Spend-Based Waiver: The annual fee is waived for the next year if spends exceed ₹10 lakh in the preceding year.
• Membership Plan Options: Cardholders can choose between a monthly plan with a fee of ₹1,000 + GST or an annual plan with a fee of ₹12,000 + GST.
• Rewards Redemption Fee: ₹99 + GST per redemption request.
• Foreign Currency Markup: 2% on international transactions.
• Interest Rates: 3.75% per month on finance charges and ATM cash withdrawals.
• Fuel Surcharge: 1% waiver on fuel transactions at all fuel stations across India, applicable on transactions up to ₹4,000.
• Cash Advance Charges: 2.5% of the advanced amount, subject to a minimum of ₹500.
• Late Payment Charges: Ranging from ₹100 to ₹1,300.
• Over Limit Fee: No over limit fee.

Rewards

• Reward Points Earning:
  • Earn 4 Reward Points on every ₹100 spent on domestic retail purchases (excluding utilities, fuel, and insurance).
  • Earn 4 Reward Points on every ₹100 spent on international retail purchases (excluding utilities, fuel, and insurance).
  • Earn 1 Reward Point on every ₹100 spent on utility and insurance categories.
• Airport Lounge Access:
  • Unlimited complimentary access to international and domestic airport lounges for the primary Cardholder.
  • Complimentary Priority Pass Membership for the primary Cardholder, providing access to 1,400+ lounges in 145+ countries worldwide (applicable for cards applied on or after November 15, 2024).
  • For domestic lounge visits, swipe the ICICI Bank Emeralde Credit Card to avail complimentary access.
• Golf Privileges:
  • Get one complimentary round or lesson of golf for every ₹50,000 spent on retail purchases in the previous calendar month.
  • A maximum of 4 rounds or lessons can be availed per month.
  • Benefits are credited by the 10th day of the following month and are available for use in the next two months.
• Movie & Event Benefits (BookMyShow):
  • Buy one ticket and get up to ₹750 off on the second ticket, up to 4 times every month.
  • Eligibility for this offer, starting April 1, 2026, requires a spend of ₹25,000 or more on the Emeralde Credit Card within the preceding spends quarter.
  • Add-on/Plus card members need to individually spend ₹25,000 in the preceding spends quarter to be eligible.
  • Cashback offers on the American Express variant for BookMyShow were revoked effective January 1, 2025.
• Travel Benefits:
  • No cancellation charges on domestic flight and hotel bookings, up to ₹12,000, twice every year.
  • Reversal of cancellation charges (up to ₹12,000) on a maximum of 2 transactions per year for flight/hotel/movie ticket bookings.
• Dining Benefits:
  • Minimum 15% off on dining bills at partnered restaurants under the ICICI Culinary Treats program.
• Concierge Service:
  • 24x7 concierge assistance available by calling the toll-free number 18002670731 or 02267872016.
  • Services include restaurant reservations, flower and gift deliveries, hotel and flight bookings, car rentals, movie ticket delivery, emergency auto assistance, and medical concierge support.
  • Concierge services are available only in New Delhi, Mumbai, Bengaluru, and Chennai.
• Insurance Benefits:
  • Air Accident Insurance cover of up to ₹3 crore for the primary Cardholder (applicable when the card has been used at least once in the 60 days prior to the incident, covers international travel only if tickets were purchased using the card).
  • Credit Shield insurance worth ₹50,000, covering liability in case of card loss from 2 days prior to 7 days after reporting the loss.
  • Travel-related insurance for international travel:
    • Baggage insurance: Up to ₹25,000
    • Loss of checked-in baggage: USD 1,200
    • Delay in receipt of checked-in baggage: USD 300 (in excess of 12 hours)
    • Loss of travel documents: USD 500
    • Delay in flight: USD 250 (in excess of 12 hours)
    • Plane hijacking: USD 250 per hour (up to a maximum of 12 hours)
• Fraud Protection:
  • Cardholders are protected against fraudulent transactions with Counterfeit Card Liability.
  • Provides an Account Takeover Cover, safeguarding against unauthorized access or misuse of personal information.

Rewards Redemption Guide

• Redemption Categories: Reward points can be redeemed for Health and Beauty products, Travel and Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion and Lifestyle items.
• Redemption Value: 1 Reward Point = ₹0.25.
• How to Redeem:
  • Via ICICI Bank Net Banking: Log in > Cards > Credit Cards > Redeem.
  • Via ICICI Bank iMobile app: iMobile > cards & forex > Select Credit Cards > Redeem.
  • For cashback or gifts, contact customer care at 080-40146444 (for cashback) or 1860-258-5000 (for gifts).
• Reward Point Validity: Reward points are valid for 3 years from the date of accumulation.

Card Eligibility Criteria

• Citizenship: Indian citizen.
• Age: Between 21–65 years of age.
• Income:
  • Salaried individuals: Minimum monthly income of ₹1,50,000.
  • Self-employed individuals: Minimum annual income of ₹18,00,000.
• Credit History: Must have a good credit history with no records of payment defaults.
• Documents Required:
  • Proof of identity.
  • Proof of address.
  • Income Proof.
  • No physical documents are required for application.

Card Review

The ICICI Bank Emeralde Credit Card is positioned as a super-premium offering, ideal for high-net-worth individuals and business persons who frequently travel and enjoy a luxurious lifestyle. Its key strengths include unlimited domestic and international lounge access, substantial golf privileges, and valuable movie/event offers. The card also provides comprehensive insurance benefits and a relatively low foreign currency markup. While the reward point value of ₹0.25 might seem modest compared to some other premium cards, the extensive lifestyle and travel benefits, coupled with a spend-based annual fee waiver, make it a strong contender in the premium segment for its target audience.

Important Product Details

• Unlimited complimentary domestic and international airport lounge access for the primary Cardholder.
• Up to ₹750 off on the second movie/event ticket on BookMyShow, available up to 4 times per month.
• Complimentary golf rounds or lessons, up to 4 per month, based on eligible spends.
• Nominal foreign currency markup fee of 2% on international transactions.
• Reversal of cancellation charges up to ₹12,000 on a maximum of 2 flight/hotel/movie ticket bookings per year.
• Earn up to 4 Reward Points for every ₹100 spent on most retail purchases.
• Comprehensive insurance benefits including Air Accident cover of ₹3 crore and Credit Shield cover of ₹50,000.
• 24x7 Concierge Service for various assistance needs.
• Annual fee waiver on spends of ₹10 lakh or more in the card anniversary year.
• Eligibility for BookMyShow offer requires a minimum spend of ₹25,000 in the preceding quarter (effective April 1, 2026).
• Eligibility for golf benefits requires a minimum spend of ₹50,000 in the previous calendar month for each round/lesson.
• Concierge services are limited to specific cities: New Delhi, Mumbai, Bengaluru, and Chennai.
• Reward Point value is ₹0.25, which translates to a 1% return on general spends.

Other Details

• For complete details on other charges and applicable terms and conditions, refer to the Most Important Terms & Conditions (MITC) document.
• The primary Cardholder is entitled to Air Accident insurance coverage of ₹3 crore, applicable only when the card has been used at least once in the 60 days prior to the incident and covers international travel tickets purchased using the credit card.
• Add-on/Plus card members need to individually meet the spend criteria for movie offer eligibility.
• Cashback offers on the American Express variant for movie tickets on BookMyShow were revoked effective January 1, 2025.
• The golf benefit can be booked through the Golftripz website, requiring account creation with the same email ID registered for the ICICI Bank Credit Card.
• The fuel surcharge waiver is applicable on transactions up to ₹4,000.