ICICI Bank Rubyx Credit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Rubyx Credit Card is a sub-premium offering from ICICI Bank, designed for individuals seeking a blend of premium rewards and exclusive lifestyle privileges. Available in Visa, RuPay, Mastercard, and American Express variants, this card welcomes new cardholders with substantial travel and shopping gift vouchers. It stands out by offering a robust rewards program on both domestic and international spends, coupled with lifestyle benefits such as discounts on movies and dining, complimentary airport and railway lounge access, and comprehensive insurance coverage. The card also provides a spend-based annual fee waiver, making it an attractive option for those who meet the spending thresholds.

Welcome Benefits

• Welcome vouchers worth over ₹15,000 are provided within 45 business days after the payment of the joining fee.
• Specific welcome vouchers include:
  • Tata CLiQ Voucher worth ₹2,000.
  • EaseMyTrip Vouchers worth ₹2,000 (two vouchers of ₹1,000 each for domestic flight bookings).
  • Croma Vouchers worth ₹1,000 (two vouchers of ₹500 each).
  • EaseMyTrip Vouchers worth ₹3,000 for holiday packages.
  • Elivaas Vouchers worth ₹10,000.
  • Complimentary EazyDiner Prime 3-month membership worth ₹1,095.
  • Up to 35% discount at Avis for car rentals.
• To activate the EazyDiner membership, a coupon code needs to be applied. The coupon is valid until June 30, 2027, and the membership is valid once per account between July 3, 2025, and June 30, 2026.

Fees

• Joining Fee: ₹3,000 + GST (for the first year only).
• Annual Fee: ₹2,000 + GST (from the second year onwards).
• Spend-Based Waiver: The annual fee can be waived off for the next year if you spend ₹3 lakh or more in the previous year.
• Rewards Redemption Fee: ₹99 + GST.
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates: 3.75% per month (45% per annum). This rate also applies if only the minimum due is paid.
• Fuel Surcharge Waiver: 1% waiver on fuel spends between ₹400 and ₹4,000 across all fuel stations in India.
• Cash Advance Charges: Higher of ₹500 or 2.5% of the amount withdrawn.
• Late Bill Payment: Ranging from ₹100 to ₹1,300.

Rewards

• Rewards Rate:
  • Earn 4 Reward Points on every ₹100 spent internationally (equivalent to a 1% reward rate). However, due to the 3.5% foreign currency charge, international spending is generally not advised.
  • Earn 2 Reward Points on every ₹100 spent domestically (equivalent to a 0.5% reward rate).
  • Earn 1 Reward Point on every ₹100 spent on utility and insurance categories.
  • No reward points are earned on fuel transactions.
• Milestone Benefits:
  • Receive 3,000 Reward Points on spending ₹3 lakhs in an anniversary year.
  • Receive an additional 1,500 Reward Points for every subsequent spend of ₹1 lakh in the same anniversary year.
  • A maximum of 15,000 additional Reward Points can be earned in a year as a milestone benefit.
• Movie & Dining:
  • Get a 25% discount, up to ₹150, on purchasing a minimum of two movie tickets on BookMyShow and INOX. This offer can be availed twice a month (one-time each on Mastercard & American Express variants for dual network cards).
  • Eligibility for movie benefits (effective April 1, 2026): Spend ₹25,000 or more on the card within the preceding calendar quarter to avail the offer in the following calendar quarter. Add-on/Plus card members need to individually meet this spend criterion.
  • Cashback offers on the Amex variant for movie bookings were revoked effective January 1, 2025.
  • Enjoy exciting discount offers on dining bills at partner restaurants with the ICICI Bank Culinary Treats Program.
• Travel:
  • Domestic Airport Lounge Access: Get two complimentary domestic airport lounge accesses every quarter upon achieving spends of ₹75,000 or more in the previous calendar quarter. This benefit is exclusively applicable to the primary cardholder.
  • Railway Lounge Access: Receive two complimentary railway lounge accesses each quarter (total of 8 per year). This benefit is available only to the primary cardholder at select stations including Delhi, Agra, Jaipur, Ahmedabad, Madurai, and Kolkata (Sealdah) Executive Railway Lounges.
  • International Lounge Access: Not applicable.
• Golf:
  • Receive 1 complimentary golf round or lesson for every ₹50,000 spent on retail purchases in the previous calendar month.
  • A maximum of 2 golf lessons/rounds can be availed each month.
  • Bookings can be made through the Golftripz website (https://teetimes.truztee.com/). Benefits are credited by the 10th day of the following month and are available for use in the next two months.
• Insurance Benefits:
  • Personal Air Accident Cover worth ₹1 Crore for the primary cardholder. This benefit applies only when the card has been used at least once in the 60 days prior to the event and covers international travel only if tickets were purchased using the credit card. Supplementary cardholders are not eligible.
  • Lost Card Liability Protection worth ₹50,000.
  • Personal Accident Insurance Cover worth ₹2 Lakh (for RuPay Variant).
  • Protection against fraudulent transactions with Counterfeit Card Liability and Account Takeover Cover.
• Lifestyle & Concierge:
  • Access to ICICI Bank’s 24x7 concierge service, i-Assist, for assistance with hotel reservations, flight/movie ticket bookings, restaurant referrals and table reservations, car rental, flower and gift delivery, medical concierge privileges, and emergency auto assistance.

Rewards Redemption Guide

• Reward Points can be redeemed against a wide variety of options, including gift vouchers, product catalogue items, travel vouchers, and more.
• Each Reward Point is equivalent to ₹0.25.
• Points can be redeemed against the card’s statement balance or for gifts.
• Redemption categories include Health and Beauty, Travel and Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion and Lifestyle.
• Redemption can be initiated by contacting customer care or through the ICICI Bank Rewards platform via the iMobile App or Net Banking.
  • iMobile App: Open iMobile → Cards & Forex → Select Credit Card → Redeem → Joining Benefit.
  • Net Banking: Log in → Cards → Credit cards → Select Credit Card → Redeem → Joining Benefit.
  • On the Rewards site, click the Rubyx Welcome Benefit tab, select vouchers, choose quantity, claim, verify with OTP, and the voucher code/PIN will be shared via email.

Card Eligibility Criteria

• Age: 21 – 65 years.
• Income:
  • Salaried Individuals: Monthly income of ₹75,000 or more.
  • Self-Employed Individuals: Annual income of ₹9 lakhs or more.
• Citizenship: Must be an Indian citizen.
• Documents Required: Proof of identity, proof of address, and income proof.

Card Review

The ICICI Bank Rubyx Credit Card, India's first dual platinum credit card, is an excellent choice for individuals seeking an affordable credit card with significant advantages across travel, shopping, and lifestyle categories. It offers a luxurious experience with complimentary railway and airport lounge access, making it suitable for frequent travelers. The reward points earned are flexible, redeemable against cash or a variety of gifts. The card also provides valuable insurance benefits, including a ₹1 crore air accident cover, and convenient 24x7 concierge services.

Pros:

• Offers several useful insurance benefits, including a ₹1 crore air accident cover and lost card liability protection.
• Provides attractive movie offers with a 25% discount on BookMyShow and INOX.
• Includes complimentary domestic airport and railway lounge access.
• Flexible reward points that can be redeemed against cash or gifts.
• Features 24x7 concierge services for various assistance needs.
• Provides fraud protection with Counterfeit Card Liability and Account Takeover Cover.

Cons:

• The reward rate is not particularly high, especially considering the 3.5% foreign currency markup, which makes international spending less attractive despite 4 RPs/₹100.
• Airport lounge access is conditional, requiring high spends of ₹75,000 or more in the previous quarter to unlock the benefit.
• Movie benefits also require a spend of ₹25,000 in the preceding quarter to be eligible.

Important Product Details

• Earn 4 Reward Points/₹100 on international spends and 2 Reward Points/₹100 on domestic spends.
• Earn 1 Reward Point/₹100 on utility and insurance categories.
• Welcome benefits include travel and shopping vouchers worth over ₹15,000.
• Enjoy a 25% discount (up to ₹150) on booking a minimum of two movie tickets on BookMyShow or INOX, twice a month (subject to ₹25,000 spend in the previous quarter).
• Access exciting dining discounts through the ICICI Bank Culinary Treats Program.
• Benefit from exclusive insurance coverage, including a ₹1 crore personal air accident cover and ₹50,000 lost card liability protection.
• Utilize the 24x7 i-Assist concierge service for various bookings and assistance.
• The annual fee can be waived by spending ₹3 lakhs or more in the previous year.
• Additional reward points (up to 15,000 annually) are awarded for achieving spend-based milestones.
• The card comes with an embedded microchip for enhanced security and requires a PIN for merchant outlet transactions.
• Offers 2 complimentary domestic airport lounge accesses per quarter, contingent on spending ₹75,000 in the prior quarter.
• Provides 2 complimentary railway lounge accesses per quarter.
• Offers up to 2 complimentary golf rounds/lessons per month based on spends.
• A 1% fuel surcharge waiver is applicable on transactions between ₹400 and ₹4,000.
• High foreign currency markup of 3.5%.

Other Details

• The ICICI Bank Rubyx Credit Card is available in four variants: Visa, RuPay, Mastercard, and American Express.
• Cardholders can manage their card, check payment due dates, and view CVV details via the ICICI Bank iMobile app or Net Banking.
• The CVV (Card Verification Value) is a three-digit security code located next to the signature panel on the back of the card.
• Application for the card can be done online through the bank's website or offline by visiting a branch. Online applications typically do not require physical documents.
• The card offers benefits for Plus (supplementary) cardholders, though some insurance and lounge access benefits are exclusive to the primary cardholder.
• Legal disclaimers and Terms & Conditions are applicable to all benefits and features, and detailed documents are available on the bank's website.