ICICI Bank Sapphiro Credit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Sapphiro Credit Card is a premium offering from ICICI Bank, available in AmEx, Visa, RuPay, and Mastercard variants. It is positioned for frequent travelers and individuals seeking maximum saving opportunities, entertainment benefits, and a luxurious lifestyle. Key differentiating benefits include exclusive welcome vouchers worth over ₹13,000, complimentary domestic and international airport lounge access, and attractive movie ticket offers.

Welcome Benefits

• Complimentary gift vouchers/loyalty program membership as a joining benefit within 45 days of realizing your card membership.
• Welcome vouchers worth over ₹13,000 upon payment of the joining fee, received within 45 days.
• Specific vouchers include:
  • Tata CliQ Voucher: ₹3,000
  • EaseMyTrip Voucher: ₹4,000 (4 vouchers of ₹1,000 each)
  • Da Milano Voucher: ₹5,000
  • Croma Voucher: ₹1,500 (3 vouchers of ₹500 each)
  • EazyDiner Prime Membership: 3 months’ subscription worth ₹1,095
• To claim vouchers: Log in to ICICI Bank Rewards via iMobile App (Cards & Forex → Select Credit Card → Redeem → Joining Benefit) or Net Banking (Cards → Credit cards → Select Credit Card → Redeem → Joining Benefit). Select vouchers, choose quantity, claim with OTP, and view codes in Order History.

Fees

• Joining Fee: ₹6,500 + GST
• Annual Fee: ₹3,500 + GST (from the second year)
• Spend-Based Waiver: Renewal fee waiver on spending ₹6 lakhs or more annually in the preceding year.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.50% + GST
• Interest Rates: 3.75% per month (45% per annum). This rate also applies to ATM withdrawals and if only the minimum due is paid.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on fuel transactions up to ₹4,000 at all fuel pumps, with a maximum waiver of ₹250 per billing cycle. This benefit applies to both primary and Plus (supplementary) cardholders.
• Cash Advance Charges: 2.5% of the total transaction amount (minimum ₹500).
• Late Bill Payment: Ranging from ₹100 to ₹1,300.

Rewards

• Rewards Rate:
  • 4 Reward Points for every ₹100 spent on international transactions (~1% value).
  • 2 Reward Points for every ₹100 spent on domestic purchases (excluding fuel) (~0.50% value).
  • 1 Reward Point for every ₹100 spent on utility and insurance categories.
• Milestone Benefits:
  • Earn 4,000 Reward Points on spending ₹4 lakhs in an anniversary year.
  • Earn an additional 2,000 Reward Points for every ₹1 lakh spent thereafter.
  • Maximum of 20,000 Reward Points can be earned per anniversary year under the Milestone Reward Program.
• Movie & Dining:
  • Buy One Get One Free (BOGO) movie ticket offer via BookMyShow.
  • Get up to ₹500 off on the second movie ticket, available two times a month.
  • Eligibility for Movie Benefits (effective April 1, 2026): Must spend ₹25,000 or more on the Sapphiro Credit Card in the preceding calendar quarter to avail the offer in the following calendar quarter.
  • Customers with dual network cards (Mastercard & Amex | Visa & RuPay) can avail one movie offer per month, per variant.
  • Plus (Add-On) Card members need to individually spend ₹25,000 in the preceding spends quarter to be eligible.
  • Cashback offers on the Amex variant for movie tickets were revoked effective January 1, 2025.
  • Enjoy exclusive offers and benefits with the ICICI Bank Culinary Treats Programme, including a 15% saving on bills at more than 2,500 restaurants across India.
• Travel:
  • Domestic Lounge Access: 4 complimentary access visits to select partner domestic airport lounges each quarter.
    • Eligibility: This benefit applies only if you spend ₹75,000 or more with the card in the preceding calendar quarter.
    • The benefit is exclusively applicable to the primary cardholder.
    • Customers with dual Credit Card variants (MasterCard and Amex) receive 2 domestic lounge visits per quarter for each variant.
  • International Lounge Access: 2 complimentary international airport lounge access visits each year.
    • Complimentary Priority Pass Membership for the primary cardholder (for cards applied on or after November 15, 2024), providing access to 1,400+ lounges worldwide.
    • DreamFolks Membership for cards applied before November 15, 2024, providing access to 650+ lounges worldwide.
    • Lounge visits are complimentary only for the primary cardholder; accompanying guests (including add-on cardholders) will incur charges.
• Golf Benefits:
  • Complimentary golf rounds/lessons at some of the most premium golf courses.
  • Eligibility: Eligible for one round or lesson of golf for every ₹50,000 spent on retail purchases in the previous calendar month.
  • A maximum of 4 complimentary golf rounds/lessons can be availed in a given month/quarter.
  • Cardholders must register their credit cards on the official Golftripz website (https://teetimes.truztee.com/) to avail the benefit.
  • Benefits are credited to the Golftripz account by the 10th day of the following month and are available for use in the next two months.
• Insurance Benefits:
  • Personal Air Accident Insurance: ₹3 Crore coverage 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 if tickets were purchased using the credit card. Supplementary cardholders are not eligible.
  • Credit Shield Cover: Worth ₹50,000.
  • Baggage Insurance: Up to ₹25,000.
  • Loss of Checked-in Baggage: USD 1200.
  • Delay in Receipt of Checked-in Baggage: USD 300 (in excess of 12 hours).
  • Missing Flight due to Trans-shipment: USD 300.
  • Loss of Travel Documents: USD 500.
  • Delay in Flight: USD 250 (in excess of 12 hours).
  • Plane Hijacking: USD 250 per hour (up to maximum 12 hours).
  • Personal Accident Insurance Cover: ₹2 lakh (for RuPay Variant).
  • Fraud Protection: Counterfeit Card Liability (coverage against unauthorized usage) and Account Takeover Cover (safeguards against misuse of personal information by a third party).
• Lifestyle Benefits:
  • 24x7 Concierge Service: Assistance regarding flight referral and reservation, hotel and restaurant reservations, flowers and gifts, booking and delivery of movie tickets, medical concierge services, and emergency auto assistance. Contact i-Assist at 1800-26-70731 (toll-free for MTNL/BSNL) or 022-67872016.

Rewards Redemption Guide

• Redemption Value: 1 Reward Point = ₹0.25.
• Redemption Options:
  • Cashback: To redeem Reward Points against your card’s statement balance (cash credit), call 080-40146444. Points will be credited to your account within 7 days of the redemption request.
  • Gifts/Vouchers: To redeem against gifts or shopping vouchers (Health and Beauty, Travel and Luggage, Home Appliances, Electronics, Fashion and Lifestyle), call 1860-258-5000. The gift of your choice will be sent to you within ten working days.
• Reward Point Validity: Reward Points are valid for 3 years from the date of accrual.

Card Eligibility Criteria

• Age: Between 21 years and 65 years.
• Income:
  • Salaried individual with a monthly income of ₹75,000.
  • Self-employed individual with an annual income of ₹9,00,000.
• Credit Score: Decent credit score (750 or above).
• Documents Required: Proof of identity, proof of address, and income proof. No physical documents are required for online application.

Card Review

The ICICI Bank Sapphiro Credit Card is a premium offering best suited for individuals who frequently travel and seek extensive lifestyle benefits, entertainment offers, and significant saving opportunities across various categories. Its comprehensive reward program, coupled with complimentary domestic and international lounge access, makes it highly valuable for globetrotters. The Buy One Get One Free movie ticket offer and exclusive dining benefits cater to entertainment needs. While the joining fee is relatively high, it is offset by substantial welcome benefits. The annual fee can also be waived based on annual spending, enhancing its long-term value. However, cardholders should be mindful of the spend-based conditions for availing lounge, movie, and golf benefits. Overall, it's a strong choice for those looking for a feature-rich credit card that rewards diverse spending habits.

Important Product Details

• Exclusive welcome benefits worth over ₹13,000, including vouchers from Tata CliQ, EaseMyTrip, Da Milano, Croma, and EazyDiner Prime Membership.
• Earn 4 Reward Points per ₹100 on international spends and 2 Reward Points per ₹100 on domestic spends (excluding fuel).
• Milestone Reward Program offers up to 20,000 bonus Reward Points annually.
• Buy 1 Get 1 Free movie ticket offer on BookMyShow (up to ₹500 off, twice a month), subject to ₹25,000 spend in the preceding quarter (effective April 1, 2026).
• 4 complimentary domestic airport lounge visits per quarter, subject to ₹75,000 spend in the preceding quarter.
• 2 complimentary international airport lounge access visits per year with Priority Pass or DreamFolks membership.
• Complimentary golf rounds/lessons (up to 4 per month), subject to ₹50,000 spend in the preceding month.
• Comprehensive insurance coverage including ₹3 crore air accident insurance, credit shield cover, and various travel-related insurance benefits.
• 24x7 concierge services for travel, dining, and lifestyle assistance.
• Renewal fee waiver on spending ₹6 lakhs annually.
• 1% fuel surcharge waiver (maximum ₹250 per billing cycle) on transactions up to ₹4,000.
• Foreign currency markup of 3.50% + GST.
• Interest rate of 3.75% per month (45% per annum).
• Reward Points are valid for 3 years and can be redeemed for cashback (1 RP = ₹0.25) or gifts, with a redemption fee of ₹99 + GST.

Other Details

• Application Process: Apply online via the ICICI Bank website or offline by visiting a nearest branch.
• Application Status: Track application status online on the official webpage using registered mobile number, date of birth, and application number, or by visiting a branch.
• Card Activation: Activate the card via net banking (PIN generation), ICICI Bank ATM (Create PIN using OTP), ICICI Bank Mobile app, or by contacting customer care.
• Customer Care: For queries, contact 1860 120 7777 (9:00 am to 7:00 pm daily) or email customer.care@icicibank.com.
• CVV: The three-digit security code on the back of the card, next to the signature panel. Can also be checked via iMobile app or Net Banking.
• Due Date: Found on your monthly statement, iMobile app, Net Banking, or by calling Customer Care at 1800 1080.
• Online Purchases: The card can be used for online purchases across India and in select overseas stores.
• Chip and PIN Security: The card features an embedded microchip for enhanced security against counterfeiting and duplication. PIN is required for transactions at merchant outlets but not for online transactions.
• Card Variants (Amex vs. Mastercard): Core benefits remain the same, with differences mainly in card network acceptance, lounge access allocation per variant, and select merchant offers based on the network.
• Minimum Credit Limit: Assigned based on income, credit profile, and internal assessment criteria defined by ICICI Bank.
• Terms & Conditions: Refer to the Most Important Terms & Conditions (MITC) and other applicable T&Cs documents for full details on charges and benefits.