ICICI Bank Emeralde Credit Card

(2.8/5)
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ICICI Bank’s Emeralde Credit Card is a premium lifestyle based credit card which comes with host of lifestyle benefits like golf games, domestic and international lounge access, free movie tickets etc. However, the reward rate of the card is not attractive, even compared to low-end credit card. In fact, considering the fee, the lifestyle benefits are also not sufficient to justify the fee. Some notable benefits on this credit card are high limit of free movie ticket value and birthday gift. Please note that this card should not be confused with a similar named called ICICI Bank’s Emeralde Private Metal Credit Card. That’s a different credit card which comes with a much better benefits and very high reward rate.

Features and Benefits

Features and benefits available in this credit card

Cashback
Reward Points
Airmiles
Airport Lounge
Utility Bills
Insurance
NPS
Education
Government Payment
Fuel
Rent
Giftcards
Jewellery
Wallet Load
Rewards on EMI
Welcome Bonus
Travel
Dining
Shopping
Interest

Joining & Renewal Benefits

Joining Benefits

  • No Joining Benefits

Renewal Benefits

  • No Renewal Benefits

Cashback and Rewards

  • Regular Reward Rate: 4 Reward Points on every Spend of Rs.100 (=1% valueback)
  • Accelerated Reward Rate: On spend on iShop portal of ICICI Bank
    • Hotel Booking: 48 Reward Points on every Spend of Rs.100 (=12% valueback)
    • Flight and Bus Tickets : 24 Reward Points on every Spend of Rs.100 (=6% valueback)
    • Brand Vouchers (including popular brands like Amazon, Flipkart Myntra, Swiggy, Zomato etc.): 24 Reward Points on every Spend of Rs.100 (=6% valueback)
  • Reduced Reward Rate: 1 Reward Points of every Rs.100 Spend on Utilities, Insurances and Government related spend (=0.25% Valueback)
  • Birthday Gift: Rs.5,000 worth Tata CliQ Gift Card  on Birthday every year, only on American Express variant of this credit card.

Lifestyle Benefits

  • Movie and Event Tickets: Buy one movie ticket and get up to Rs. 750 off on a second ticket for movies, theatre shows, concerts, and sports events, available up to twice a month through BookMyShow
  • Airport Lounge Access
    • Unlimited Domestic Airport Lounge Access for Primary and Upto 3 Add-on card holders.
    • Unlimited International Airport Lounge Access for Primary and Upto 3 Add-on card holders using Free Priority Pass
  • Golf: Complimentary round/lesson of golf on every Rs.50,000 spent on the card in the previous calendar month, up to a maximum of 4 rounds/ lessons of golf every month, at popular Golf Courses in India and Abroad
  • Flight/Hotel/Movie Ticket Cancellation Refund: Cancellation charges upto Rs.12,000 for flight, hotel or movie tickets are refunded through an insurance by ICICI Lombard.
    • Only booking done for primary card holder in India is covered if the payment was done using ICICI Emeralde Private Metal Credit Card.
    • For hotel booking, only 4 or 5 Star hotels are covered
    • For flight booking, only domestic flight tickets are covered
    • It can be claimed maximum 2 times in a year
    • For complete details of this benefit, Click here

Fuel Surcharge Waiver

1% Fuel Surcharge Waiver on all transactions, maximum upto Rs.1,000 per statement cycle.

Forex Mark-up Charges

  • Forex Mark-up Charge is 2% + GST (2.36%)

24 x 7 Concierge Service

24×7 concierge service takes care of needs like finding the right gift and making restaurant reservations, travel and hotel reservations, delivering movie tickets at your doorstep etc.

The extensive services include:

1. Restaurant referral and reservation

2. Flower and gift assistance

3. Flight referral and reservation

4. Hotel referral and reservation

5. Car rental and Limousine service

6. Booking and delivery of movie tickets*

7. Medical concierge privileges **

8. Emergency auto assistance across India#

*This service is currently available in New Delhi, Mumbai, Bengaluru and Chennai.

**In case of any unforeseen situation, should you need to be moved to a place where appropriate medical care is available, the i-Assist team can arrange for air and/or surface transportation and communication to move you to the required hospital. i-Assist can also put you in touch with physicians, hospitals, clinics, dentists and dental clinics on request. You can also ask to set up appointments with local doctors.

#A host of emergency auto assistance services are available for you in New Delhi, Mumbai, Kolkata, Hyderabad,

Bengaluru and Chennai, including towing, repair and alternative travel assistance.

To contact the i-Assist team, call numbers <1800 26 70731> (Toll-free for MTNL/ BSNL) or <022 6787 2016> (Standard call charges applicable).

Note: Please note that the Concierge only arrange the above facility. But all facilities are chargeable to the customer at prevailing market rates.

Joining & Renewal Benefits

Joining Benefits

  • No Joining Benefits

Renewal Benefits

  • No Renewal Benefits

Cashback and Rewards

  • Regular Reward Rate: 4 Reward Points on every Spend of Rs.100 (=1% valueback)
  • Accelerated Reward Rate: On spend on iShop portal of ICICI Bank
    • Hotel Booking: 48 Reward Points on every Spend of Rs.100 (=12% valueback)
    • Flight and Bus Tickets : 24 Reward Points on every Spend of Rs.100 (=6% valueback)
    • Brand Vouchers (including popular brands like Amazon, Flipkart Myntra, Swiggy, Zomato etc.): 24 Reward Points on every Spend of Rs.100 (=6% valueback)
  • Reduced Reward Rate: 1 Reward Points of every Rs.100 Spend on Utilities, Insurances and Government related spend (=0.25% Valueback)
  • Birthday Gift: Rs.5,000 worth Tata CliQ Gift Card  on Birthday every year, only on American Express variant of this credit card.

Lifestyle Benefits

  • Movie and Event Tickets: Buy one movie ticket and get up to Rs. 750 off on a second ticket for movies, theatre shows, concerts, and sports events, available up to twice a month through BookMyShow
  • Airport Lounge Access
    • Unlimited Domestic Airport Lounge Access for Primary and Upto 3 Add-on card holders.
    • Unlimited International Airport Lounge Access for Primary and Upto 3 Add-on card holders using Free Priority Pass
  • Golf: Complimentary round/lesson of golf on every Rs.50,000 spent on the card in the previous calendar month, up to a maximum of 4 rounds/ lessons of golf every month, at popular Golf Courses in India and Abroad
  • Flight/Hotel/Movie Ticket Cancellation Refund: Cancellation charges upto Rs.12,000 for flight, hotel or movie tickets are refunded through an insurance by ICICI Lombard.
    • Only booking done for primary card holder in India is covered if the payment was done using ICICI Emeralde Private Metal Credit Card.
    • For hotel booking, only 4 or 5 Star hotels are covered
    • For flight booking, only domestic flight tickets are covered
    • It can be claimed maximum 2 times in a year
    • For complete details of this benefit, Click here

Fuel Surcharge Waiver

1% Fuel Surcharge Waiver on all transactions, maximum upto Rs.1,000 per statement cycle.

Forex Mark-up Charges

  • Forex Mark-up Charge is 2% + GST (2.36%)

24 x 7 Concierge Service

24×7 concierge service takes care of needs like finding the right gift and making restaurant reservations, travel and hotel reservations, delivering movie tickets at your doorstep etc.

The extensive services include:

1. Restaurant referral and reservation

2. Flower and gift assistance

3. Flight referral and reservation

4. Hotel referral and reservation

5. Car rental and Limousine service

6. Booking and delivery of movie tickets*

7. Medical concierge privileges **

8. Emergency auto assistance across India#

*This service is currently available in New Delhi, Mumbai, Bengaluru and Chennai.

**In case of any unforeseen situation, should you need to be moved to a place where appropriate medical care is available, the i-Assist team can arrange for air and/or surface transportation and communication to move you to the required hospital. i-Assist can also put you in touch with physicians, hospitals, clinics, dentists and dental clinics on request. You can also ask to set up appointments with local doctors.

#A host of emergency auto assistance services are available for you in New Delhi, Mumbai, Kolkata, Hyderabad,

Bengaluru and Chennai, including towing, repair and alternative travel assistance.

To contact the i-Assist team, call numbers <1800 26 70731> (Toll-free for MTNL/ BSNL) or <022 6787 2016> (Standard call charges applicable).

Note: Please note that the Concierge only arrange the above facility. But all facilities are chargeable to the customer at prevailing market rates.

Reward Redemption

Reward points can be redeemed to get Products from ICICI Rewards Catalogue at 1 Reward Point = Rs.0.25

  • Reward Redemption Fee: For every reward redemption, there is a fee of Rs.117 including GST.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Joining fee
(INR including GST)
₹ 14160
Renewal fee
(INR including GST)
₹ 14160
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 1000000

Pros

Aspects that make this credit card amazing.

  • Buy One Get One Free Movie ticket has a discount limit of Rs.750 per free movie ticket which is better than most of such free movie tickets offers
  • Unlimited airport lounge access both in India and abroad without any minimum spend condition.
  • Emeralde Credit Card on ICICI Bank’s iShop Portal can fetch you 6% valueback on some very useful vouchers like Amazon Pay. Amazon Pay vouchers can be used to make payment on hundreds of third party sites, utility bill payment and Amazon shopping.

Cons

Aspects this credit card lacks.

  • Extremely low reward rate considering the very high fee
  • A Reward Redemption Fee of Rs.117 (including GST) is applied when you redeem reward points. Its extremely regressive practice specially on such high fee credit card.
  • No benefit against joining and renewal fees
  • Golf benefit requires minimum spend in previous month. This is not expected on a credit card which comes with such a high fee.
  • Birthday gift benefit is provided on American Express variant of this credit card, not on MasterCard variant. But American Express credit cards have serious acceptance issues.

Spend Categories with No Cashback / Rewards

No reward points on following spend categories

  • Fuel

Limited reward points on following spend categories

  • 1 Reward Points on Every Rs.100 Spend on Fuel and Utilities which is o.25% reward rate

Add-on Cards

Upto 3 Add-on complimentary cards are provided with a fee of Rs.235 including GST per Add-on card per year

Eligibility Criteria

  • Age: 21 years or more
  • Income:
    • Salaries Customer: Rs.1.5 Lacs net in-hand monthly salary
    • Self-Employed: Rs.18 Lacs Income Tax Return

Upcoming Changes

N/A

Rating & Leave your comment here about this credit card

Rating & Leave your comment here about this credit card

(2.8/5)

SpendWisely’s Rating for this Credit Card

(2.8/5)

Ratings you can trust: honest, unbiased, and backed by SpendWisely’s expertise.

Reward Value
(2)
Lifestyle Benefits
(4)
Ease of Reward Redemption
(3)
Value for Money
(1)
Customer Service
(4)

ICICI Bank’s Emeralde Credit Card is a premium lifestyle offering. While it provides decent lifestyle benefits, the card’s reward rate is quite low. It comes with a high joining and renewal fee, but the reward rate is just 1%. The effective reward rate is even lower since reward points can only be redeemed for products and brand vouchers available in ICICI Bank’s Reward Catalogue. The lifestyle benefits, given the fee, are insufficient. Additionally, the card offers no perks for offsetting the joining or renewal fees.

Considering the current options in the Indian credit card market, this card is not recommended unless it is offered as a lifetime-free option (which is rare for the Emeralde Card).

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(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 2950
Renewal fee
(INR including GST)
₹ 2950
Base Reward Rate
1.33%
Accelerated Reward Rate
13.33%
(3.8/5)
Categories:
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 2950
Renewal fee
(INR including GST)
₹ 2950
Base Reward Rate
1.33%
Accelerated Reward Rate
13.33%
Full Details
(4.2/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 3540
Base Reward Rate
2%
Accelerated Reward Rate
5%
(4.2/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 3540
Base Reward Rate
2%
Accelerated Reward Rate
5%
Full Details
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 3540
Base Reward Rate
1%
Accelerated Reward Rate
3.42%
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 3540
Base Reward Rate
1%
Accelerated Reward Rate
3.42%
Full Details
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 2360
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 3540
Renewal fee
(INR including GST)
₹ 2360
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
Full Details
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 7670
Renewal fee
(INR including GST)
₹ 4130
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 7670
Renewal fee
(INR including GST)
₹ 4130
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
Full Details
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 5899
Renewal fee
(INR including GST)
₹ 5899
Base Reward Rate
2%
Accelerated Reward Rate
48%
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 5899
Renewal fee
(INR including GST)
₹ 5899
Base Reward Rate
2%
Accelerated Reward Rate
48%
Full Details

Domestic Airport Lounge Access

Not Available

International Airport Lounge Access

Not Available

Airport Spa Access

Not Available

Airport Meet & Greet Service

Not Available

Railway Lounge

Not Available

Movie Tickets

Not Available

Dining Benefit

Not Available

Golf

Not Available

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ICICI Bank Emeralde Credit Card

ICICI Bank Emeralde Credit Card

(2.8/5)