ICICI Bank Emeralde Private Metal Credit Card

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ICICI Bank’s Emeralde Private Metal Credit Card is one of the most rewarding super premium credit cards in India which offers as high as 36% valueback and 18% valueback on wide categories of spend. In addition, the card comes with premium lifestyle benefits such as unlimited golf games at domestic and international golf courses, unlimited domestic and international airport lounge access, buy one get one free movie tickets and event tickets etc. Overall, this is a wholesome super-premium card with extremely high valueback and attractive lifestyle benefits. The card provides valueback in the form of reward points which fetch the best value if redeemed on flight and hotel booking, Tanishq giftcards and giftcards of some luxury brands. Therefore, it may not be the best credit card for people who do not travel or not into these kind of spend. Also, this card has been designed to match lifestyle of people with vert high income and is an “Invite Only” card. If you have an ITR of more than Rs.50 lacs or monthly net-in-hand salary of Rs.3 Lacs or more, you can contact ICICI Bank’s branch to get this credit card.

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

  • 12,500 Reward Points against payment of Joining Fee (Value of 1 Reward Point = Rs.1)
  • 1-year Taj Epicure Membership with exclusive benefits like complimentary 1 night stay, discounts, perks and much more

    • One-night room stay includes breakfast for two persons at the base category room of any participating Taj Group’s hotel in India. Government taxes needs to be paid by the credit card user on his/her own.
    • Link to check hotel-wise free stay validity: Click here
  • Taj Hotel Group’s Discount vouchers
    • 25% Discount on Food and Beverages including alcohol (dining, in-room, delivery). Voucher can be used multiple times through the validity period (usually 1 year).
    • 25% Discount on Food Delivery through Taj Hotels’ Qmin App. Voucher can be used multiple times through the validity period (usually 1 year).
    • 20% discount on Spa services offered by J Wellness Circle Spas across participating hotels
    • 20% discount on stay at any of the participating Taj Palaces, Safaris, City Hotels and Resort Hotels. Discount applicable only once and for first five consecutive nights
    • Link to check hotel-wise discount coupon validity: Click here
  • 1-year EazyDiner Prime Membership (To get discount on payments at restaurants)

Renewal Benefits

  • 12,500 Reward Points against payment of Renewal Fee (Value of 1 Reward Point = Rs.1). No points if renewal fee is waived off due to any reason.
  • 1-year EazyDiner Prime Membership (To get discount on payments at restaurants)

Cashback and Rewards

  • Regular Reward Rate: 6 Reward Points on every Spend of Rs.200 (=3% valueback)
  • Accelerated Reward Rate: On spend on iShop portal of ICICI Bank
    • Hotel Booking: 72 Reward Points on every Spend of Rs.200 (=36% valueback)
    • Flight and Bus Tickets : 36 Reward Points on every Spend of Rs.200 (=18% valueback)
    • Brand Vouchers (including popular brands like Amazon, Flipkart Myntra, Swiggy, Zomato etc.): 36 Reward Points on every Spend of Rs.200 (=18% valueback)
  • Milestone Benefits
    • Rs.3,000 EasemyTrip Voucher on Spend of Rs.4 Lacs in a year
    • Additional Rs.3,000 EasemyTrip Voucher on Spend of Rs.8 Lacs in a year

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: Unlimited Golf Games 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

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%)
  • Since you get 3% reward as base reward rate on this card, you still get net 0.64% reward on international spend after adjusting Forex Mark-up charges

Insurance Benefits

Following insurances are provided complimentary with this credit card.

  • Personal Accident due to Air Accident (Death only): Rs. 3,00,00,000
  • Purchase Protection: Rs. 1,40,000
  • Credit Shield: Rs. 1,00,000
  • Loss of checked-in baggage: Rs. 84,000
  • Plane Hijacking: Rs. 75,000
  • Card Liability Cover (Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection): Rs. 50,000
  • Medical expenses for bodily injury caused by and arising out of Rail/Road accident: Rs. 50,000
  • Loss of Passport and travel related documents: Rs. 35,000
  • Baggage Insurance: Rs. 25,000
  • Delay of checked-in baggage: Rs. 21,000
  • Missing a Connecting International Flight during transit: Rs. 21,000
  • Delay in flight: Rs. 17,500

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).

Joining & Renewal Benefits

Joining Benefits

  • 12,500 Reward Points against payment of Joining Fee (Value of 1 Reward Point = Rs.1)
  • 1-year Taj Epicure Membership with exclusive benefits like complimentary 1 night stay, discounts, perks and much more

    • One-night room stay includes breakfast for two persons at the base category room of any participating Taj Group’s hotel in India. Government taxes needs to be paid by the credit card user on his/her own.
    • Link to check hotel-wise free stay validity: Click here
  • Taj Hotel Group’s Discount vouchers
    • 25% Discount on Food and Beverages including alcohol (dining, in-room, delivery). Voucher can be used multiple times through the validity period (usually 1 year).
    • 25% Discount on Food Delivery through Taj Hotels’ Qmin App. Voucher can be used multiple times through the validity period (usually 1 year).
    • 20% discount on Spa services offered by J Wellness Circle Spas across participating hotels
    • 20% discount on stay at any of the participating Taj Palaces, Safaris, City Hotels and Resort Hotels. Discount applicable only once and for first five consecutive nights
    • Link to check hotel-wise discount coupon validity: Click here
  • 1-year EazyDiner Prime Membership (To get discount on payments at restaurants)

Renewal Benefits

  • 12,500 Reward Points against payment of Renewal Fee (Value of 1 Reward Point = Rs.1). No points if renewal fee is waived off due to any reason.
  • 1-year EazyDiner Prime Membership (To get discount on payments at restaurants)

Cashback and Rewards

  • Regular Reward Rate: 6 Reward Points on every Spend of Rs.200 (=3% valueback)
  • Accelerated Reward Rate: On spend on iShop portal of ICICI Bank
    • Hotel Booking: 72 Reward Points on every Spend of Rs.200 (=36% valueback)
    • Flight and Bus Tickets : 36 Reward Points on every Spend of Rs.200 (=18% valueback)
    • Brand Vouchers (including popular brands like Amazon, Flipkart Myntra, Swiggy, Zomato etc.): 36 Reward Points on every Spend of Rs.200 (=18% valueback)
  • Milestone Benefits
    • Rs.3,000 EasemyTrip Voucher on Spend of Rs.4 Lacs in a year
    • Additional Rs.3,000 EasemyTrip Voucher on Spend of Rs.8 Lacs in a year

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: Unlimited Golf Games 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

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%)
  • Since you get 3% reward as base reward rate on this card, you still get net 0.64% reward on international spend after adjusting Forex Mark-up charges

Insurance Benefits

Following insurances are provided complimentary with this credit card.

  • Personal Accident due to Air Accident (Death only): Rs. 3,00,00,000
  • Purchase Protection: Rs. 1,40,000
  • Credit Shield: Rs. 1,00,000
  • Loss of checked-in baggage: Rs. 84,000
  • Plane Hijacking: Rs. 75,000
  • Card Liability Cover (Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection): Rs. 50,000
  • Medical expenses for bodily injury caused by and arising out of Rail/Road accident: Rs. 50,000
  • Loss of Passport and travel related documents: Rs. 35,000
  • Baggage Insurance: Rs. 25,000
  • Delay of checked-in baggage: Rs. 21,000
  • Missing a Connecting International Flight during transit: Rs. 21,000
  • Delay in flight: Rs. 17,500

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).

Reward Redemption

Reward points can be redeemed on following

  • Flights and hotel bookings at 1 Reward Point = Rs.1
    • You can make 100% payment for Flight Booking and 90% Payment for Hotel Booking using Reward Points at 1 Reward Points = Rs.1. Make remaining payment using ICICI Emeralde Private Metal Credit Card.
  • Brand Vouchers at 1 Reward Point = Rs.1
    • Following brand vouchers are available for redemption of reward points – Tanishq, Apple, Tumi, Coach, Brooks Brothers, Emporio Armani, Jimmy Choo, G-Star Raw, Canali and Mother Care
    • You can make maximum 50% of payment for brand vouchers using reward points at 1 Reward Points = Rs.1. Make remaining payment using ICICI Emeralde Private Metal Credit Card.
  • Transfer Reward Points to Air India’s Maharaja Club airmiles at the rate of 1 Reward Point = Rs.1
  • Get Products from ICICI Rewards Catelogue at 1 Reward Point = Rs.0.60
  • Real Cashback: Redeem reward points as real cashback in credit card statement at 1 Reward Point = Rs.0.40

Fee and Charges

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

Joining fee
(INR including GST)
₹ 14749
Renewal fee
(INR including GST)
₹ 14749
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 1000000

Pros

Aspects that make this credit card amazing.

  • Extremely high reward rate
  • Best in class lifestyle benefits
  • Easy redemption of reward points at flat rate of Rs.1 per reward points for flights, hotels and popular gift cards like Tanishq and Apple. No need to learn complexity of airmiles related redemption.
  • Option to redeem reward points on non-travel related expenses such as Tanishq or Apple gift card without compromising of reward value (Rs.1 per Reward Point)
  • Great Joining Benefits which can be valued more than the Joining Fee
  • Renewal Benefit covers major part of the renewal fee.
  • Minimum age to apply for an Add-on card is just 12 year unlike most other credit cards which require 18 years of age to apply for Add-on card. It’s very helpful for families with children above 12 years age and want airport lounge access for them,

Cons

Aspects this credit card lacks.

  • Reward points provide the high value only if redeemed on travel (flight / Hotel bookings) or gift cards. Reward rate on real cashback conversion is low.
  • Add-on cards are not complimentary. You need to pay Rs.235 including GST per Add-on card per annum.

Spend Categories with No Cashback / Rewards

No reward points on following spend categories

  • Government Services
  • Fuel
  • Rent
  • Tax Payments
  • EMI transactions

Limited reward points on following spend categories

  • On Insurance transactions, maximum 5,000 Reward Points per statement cycle (covers spend upto Rs.1,66,666 per monthly statement cycle)

  • On Grocery transactions, maximum 1,000 Reward Points per statement cycle (covers spend upto Rs.33,333 per monthly statement cycle)

  • On Utility transactions, maximum 1,000 Reward Points per statement cycle (covers spend upto Rs.33,333 per monthly statement cycle)
  • On Education transactions, maximum 1,000 Reward Points per statement cycle (covers spend upto Rs.33,333 per monthly statement cycle)

Add-on Cards

Upto 3 Add-on credit cards cards are provided but with a fee of Rs.235 per annum per Add-on card including GST

Eligibility Criteria

ICICI Bank’s Emeralde Private Metal Credit Card is an “Invite Only” card. it cannot be applied through regular process. To get this credit card, you either need to approach your ICICI Bank’s Relationship Manager or Branch. Or the Bank invite its existing high profile customer to apply for this credit card.

However, basis the users’ experience, the Bank follow the below give criteria to approve this credit card.

  • Age: 21 years or more
  • Income:
    • For Salaried: Rs.3 Lacs Monthly Net-in-hand salary credit card in ICICI Bank’s salary account. if your salary account in some other bank, you will need to transfer it to ICICI Bank to get approval for this credit card.
    • For Self-Employed: Rs.50 Lacs ITR
    • The Card may be approved at lower income as well basis the relationship with the back. But it’s highly unlikely that this card is approved at lower than Rs.50 Lacs ITR.

Upcoming Changes

N/A

Rating & Leave your comment here about this credit card

Rating & Leave your comment here about this credit card

(4.8/5)

SpendWisely’s Rating for this Credit Card

(4.8/5)

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

Reward Value
(5)
Lifestyle Benefits
(5)
Ease of Reward Redemption
(4)
Value for Money
(5)
Customer Service
(5)

ICICI Bank’s Emeralde Private Metal Credit Card is a super premium credit card which gives extremely high reward rate on most of the expenses. If you use this card properly with some planning, you can get as high as 18% reward rate (even 36% on holes) on large number of popular regular spend categories. On top of it, it provides one of the best lifestyle benefits such as free movie tickets, unlimited domestic and international lounge access, unlimited domestic and international golf games etc. All these benefits make it a perfect credit card for people who travel and go on vacations every year. Even if you don’t travel, the reward points can be redeemed on useful gift cards likes Tanishq and Apple (iPhones MacBook, iPad etc.)

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(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 23600
Renewal fee
(INR including GST)
₹ 23600
Base Reward Rate
4%
Accelerated Reward Rate
10%
(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 23600
Renewal fee
(INR including GST)
₹ 23600
Base Reward Rate
4%
Accelerated Reward Rate
10%
Full Details
(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 14160
Renewal fee
(INR including GST)
₹ 23600
Base Reward Rate
3%
Accelerated Reward Rate
36%
(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 14160
Renewal fee
(INR including GST)
₹ 23600
Base Reward Rate
3%
Accelerated Reward Rate
36%
Full Details
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
Full Details
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
Full Details
(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
(4.4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 11800
Renewal fee
(INR including GST)
₹ 11800
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
Full Details
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 14750
Renewal fee
(INR including GST)
₹ 14750
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
(4.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 14750
Renewal fee
(INR including GST)
₹ 14750
Base Reward Rate
3.33%
Accelerated Reward Rate
33.33%
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 Metal Private Credit Card

ICICI Bank Emeralde Private Metal Credit Card

(4.8/5)