Route spending through 4 Reward Points per ₹100 (product page 2026-09-17).
Earn 41.0× here — 41.0% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Premium
ICICI BANK · ICICI SAPPHIRO CREDIT CARD
ICICI Sapphiro Credit Card
ANNUAL FEE
₹3,500 waived at ₹6L spend
FIRST-YEAR NET VALUE
₹22,000 for a mid spender · travel
ICICI BANK ICICI Sapphiro
Updated 17 Sep 2026 6 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is ICICI Bank's.
MONTHLY INCOME Check with bank Issuer-dependent
CREDIT SCORE Check with bank Good band
AGE Adult Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹22,000 first-year net value · mid spender · travel
Category rewards ₹9,000
Welcome benefit· Welcome reward points ₹13,000
Annual fee − ₹3,500
Fee waiver (met)· Annual fee waived for next year ₹3,500
Net first-year value ₹22,000
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.50% back on eligible spends 2 pts 2 points per ₹100
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 41.0% back
4 Reward Points per ₹100 (product page 2026-09-17) · 41.0%
1 Reward Point per ₹100 (product page 2026-09-17) · 10.3%
Everything else (base) · 0.5%
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time ICICI Bank tweaks the program.
Line up your ₹6L before renewal.
Crossing ₹6L in the anniversary year waives the ₹3,500 fee — automatic for spenders at ₹50,000+/month. Watch your pace in months 10–12.
Don't sleep on 1 Reward Point per ₹100 (product page 2026-09-17).
The second tier earns 10.3× (10.3% back). Often overlooked next to the headline category but compounds if you route consistently.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Joining fee ₹6,500 · + 18% GST · one-time
Annual fee (year 2+) ₹3,500 · waived at ₹6L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Airport lounges
4 domestic + 2 international visits per year via Priority Pass. Primary cardholder.
Welcome voucher
₹13,000 Welcome reward points.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
Joining fee is ₹6,500 + 18% GST (₹7,670) and annual fee is ₹3,500 + GST (₹4,130). Spend ₹6 lakh on the card in any anniversary year and the next year's annual fee is waived. The welcome benefit (Tata CliQ, Croma, EaseMyTrip, Uber vouchers + 12-month Zomato Pro, worth ~₹9,000) covers year-one cost if redeemed within 45 days.
08 WHAT CHANGED
How ICICI Sapphiro Credit Card has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 Reward effective rates corrected to 0.5% domestic / 1.0% international / 0.25% utility (2, 4 and 1 points per ₹100 at ₹0.25 per point; the file valued points at ₹1); milestone cap 20,000 points and 2,000 per extra lakh recorded; 2 international Priority Pass visits and 4 domestic per quarter on ₹75,000 recorded; welcome vouchers now worth over ₹13,000 (Tata CLiQ, EaseMyTrip, EazyDiner, Da Milano, Croma). Joining ₹6,500 + GST, annual ₹3,500 + GST with ₹6L waiver and 3.5% forex re-verified; product URL updated (old path now redirects to the listing). Card was scoring four times its real earn rate; welcome value higher
- Apr 2026 Editorial: added faq (6 QA pairs covering fee/waiver, milestone math, redemption value, fit, lounge gating, and forex) Content layer enrichment; no schema/fee/reward changes
- 15 Nov 2024 Lounge access spend threshold increased to ₹75,000 per quarter Higher spend required for domestic lounge benefits
- Nov 2024 Grocery spending reward points capped at ₹40,000 monthly Limited rewards earning on grocery purchases
- 1 Jul 2024 Eliminated various service fees (charge slip, cheque pickup, etc.) Reduced overall cost of card ownership
- 2024 New 1% transaction fee on school/college fees via third-party apps Additional cost for education-related payments through apps
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: ICICI Bank Sapphiro Credit Card product page, ICICI Bank Sapphiro Credit Card fees and charges page, ICICI Bank Credit Card KFS PDF, ICICI Bank Sapphiro Credit Card eligibility page, PerkPilot editorial: faq (Plan 14b Phase 4, 2026-04), icicibank.com. Next scheduled review: 17 Mar 2027.