ICICI Bank Sapphiro Credit Card

Overview

Updated On: August 24, 2026 | AB Published by: Amit B | 3 min read

ICICI Bank's Sapphiro Credit Card is premium credit card from ICICI Bank. This card offers premium lifestyle benefits like Buy One Get One movie tickets, golf games, domestic and international airport lounge access etc. However, the card was devalued sometime back, after which a minimum spend has been made mandatory to get free airport lounge access. Like most of the credit cards of ICICI Bank, this card's reward rate is also low. Considering these things, the card hardly justify its fee. However, this credit card is often offered lifetime free to loyal long standing customers of ICICI Bank or people who are having salary account with ICICI Bank and good salary credit every month (at least more than Rs.1 lac per month).

Pros

Buy One Get One Free Movie ticket has a discount limit of Rs.500 per free movie ticket which is better than most of such free movie tickets offers
iShop Portal can fetch you 3% 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

Extremely low reward rate considering the 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 renewal fees
Free Airport lounge access requires a minimum spend in premium quarter.
Golf benefit requires minimum spend in previous month. This is not expected on a credit card which comes with such a high fee.

Fees & Charges

Joining / Annual Fee ₹ 7,670

Renewal Fee ₹ 4,130

Annual Spend Target for Fee Waiver ₹ 600,000

Minimum Annual Income Required ₹ 1,200,000

Rewards and Benefits

Reward Rate

Base Reward Rate: 0.5% ; International Spend: 1% (4.13% Forex Mark-up applicable), Flights and Brand Vouchers through iShop: 3%, Hotels through iShop: 6%; Reduced Reward Rate on Utilities and Insurance Payments: 0.25%,

Base Reward Rate

0.5%

Accelerated Reward Rate

6%

Welcome Benefits

Brand vouchers worth ₹ 9,000+ (Tata CliQ voucher worth Rs.3,000 EaseMyTrip vouchers worth Rs.4,000 - Four vouchers worth Rs.1,000 each, Uber vouchers worth Rs1,000 - Four vouchers worth Rs.250 each, Croma voucher worth Rs.1,500). Joining Benefits is only provided against the Joining Fee payment.

Renewal Benefits

No Renewal Benefits

Rewards & Cashback Details

Base Reward Rate
- 2 Reward Points on every Spend of Rs.100 (=0.5% valueback).
- 1 Reward Points of every Rs.100 Spend on Utilities, Insurances and Government related spend (=0.25% Valueback)
Accelerated Reward Rate: On spend on iShop portal of ICICI Bank
- Hotel Booking: 24 Reward Points on every Spend of Rs.100 (=6% valueback)
- Flight and Bus Tickets: 12 Reward Points on every Spend of Rs.100 (=3% valueback)
- Brand Vouchers (including popular brands like Amazon, Flipkart Myntra, Swiggy, Zomato etc.): 12 Reward Points on every Spend of Rs.100 (=3% valueback)
International Spend: 4 Reward Points on Every Rs.100 Spend on International Merchants (=1% valueback). However, a Forex mark-up Fee of 4.13% applicable. So, there is still a net charge of 3.13% on international transactions.

Rewards 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.

Additional Benefits

Domestic Airport Lounge

International Airport Lounge

Movie Benefits

Golf Benefits

Railway Lounge Access

Dining Benefits

Lifestyle Benefits Details

Movie and Event Tickets: Buy one movie ticket and get up to Rs. 500 off on a second ticket for movies, theatre shows, concerts, and sports events, available up to twice a month through BookMyShow
Airport Lounge Access
- 16 Domestic Airport Lounge Access for Primary card holder (4 per quarter). Users may have two variants of Sapphiro Card (American Express and Mastercard). In that case, each variant will be eligible for 2 Domestic Airport Lounge Access per calendar quarter.
- 2 International Airport Lounge Access per Calendar Year for Primary card holder using Free Priority Pass
- Free lounge access only available on spending minimum Rs.75,000 in previous calendar quarter.
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

Features & Benefits

Reward Points

Airport Lounge

Utility Bills

Insurance

NPS

Education

Government Payment

Rent

Gift Cards

Jewellery

Wallet Load

Rewards on EMI

Cashback

Airmiles

Fuel

No Cashback / Rewards Categories

No reward points on following spend categories

Fuel

Ratings & Reviews

2.6

Overall Rating

Reward Rate

2/5

Lifestyle Benefits

3/5

Ease of Reward Redemption

3/5

Value For Money

1/5

Customer Service

4/5

Detailed Review

ICICI Bank's Sapphiro Credit Card is a premium credit card with popular lifestyle benefits. It is popular for its free movie tickets offer. However, other benefits such as airport lounge access and golf games require a minimum spend using the credit card which makes them less useful. The card's reward rate is very low considering the other options available in Indian credit card industry.

Overall, very low reward rate and conditional lifestyle benefits do not justify its fee.

Eligibility & Important Info

Eligibility Criteria

Age: 21 years or more
Income:
- Salaries Customer: Rs.1 Lac net in-hand monthly salary
- Self-Employed: Rs.12 Lacs Income Tax Return
- The above criteria is as per user experiences. It hasn't been officially declared by the bank.

Important Links

ICICI Bank's iShop Portal to get Accelerated Reward Points: icicibank.com/ishoplogin
International Airport Lounges List (accessible using complimentary Priority Pass which is provided with this credit card) : Click here
Domestic Airport Lounges List (accessible by simply swiping this credit card): Click here
Golf Program (To book golf games as benefit of this credit card): Click here
Master Card Priceless Special Portal to access special offers for Master Card variant of this credit card: Click here
American Express Experiences Portal to access special offers for American Express variant of this credit card: Click here