INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official icicibank.com (ICICI Bank Ltd.) Most Important Terms and Conditions (MITC).

🏛️ICICI Bank Ltd.Network: Visa Infinite / Mastercard WorldTravel & Aviation CardsLast Verified: 2026-09-28

ICICI Emeralde Credit Card

आईसीआईसीआई एमराल्ड क्रेडिट कार्ड

Ultra-luxury card featuring unlimited domestic & global lounge access with guests, 1.99% forex markup, low 1.99% APR, and BookMyShow discounts up to ₹750.

Annual Fee₹12,000 + GST (Renewal: ₹12,000 + GST)

Reward Rate4 ICICI Reward Points per ₹100 spent on all retail transactions with no upper capping. 1 Reward Point per ₹100 on utility and insurance spends.

Airport LoungeUnlimited complimentary domestic airport lounge access for primary and add-on cardholders. Unlimited complimentary international airport lounge access worldwide via DreamFolks dragonpass with complimentary guest visits.

Forex MarkupLow 1.99% + GST markup on foreign currency transactions (one of India's lowest among bank cards).

What Is This Card

ICICI Emeralde is the pinnacle luxury card in the ICICI gemstone portfolio. Created for ultra-high-net-worth individuals and corporate CXOs, it provides unlimited global airport lounge access with guest visits, an industry-leading 1.99% forex markup, a low 1.99% monthly APR, and BookMyShow ticket discounts up to ₹750 four times a month.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹12,000 + GST (Renewal: ₹12,000 + GST)

Fee Waiver: Spend ₹15,00,000 or more in each preceding anniversary year to get the annual renewal fee of ₹12,000 waived.

🎁Welcome Benefit

Comprehensive luxury welcome gift and bespoke concierge privileges.

⚡Reward Points Structure

4 ICICI Reward Points per ₹100 spent on all retail transactions with no upper capping. 1 Reward Point per ₹100 on utility and insurance spends.

Redemption Value: 1 Reward Point = ₹0.25 (effective 1.00% flat return on all retail transactions). Redeemable for high-end catalog gifts, flight bookings, or statement credit.

🛫Airport & Railway Lounge Access

Unlimited complimentary domestic airport lounge access for primary and add-on cardholders. Unlimited complimentary international airport lounge access worldwide via DreamFolks dragonpass with complimentary guest visits.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Accidental air death cover of ₹3 Crores. Emergency overseas medical treatment cover up to ₹50 Lakhs. Baggage loss/delay cover up to ₹70,000.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹4,000.

🎯Milestone Spends & Grace Period

Milestones: Unlimited complimentary golf rounds (up to 4 per month). Buy 1 Get 1 free movie ticket discount on BookMyShow up to ₹750 per ticket (up to 4 times a month). Low cancellation charges on travel/hotel bookings.

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Annual fee waiver threshold is very high at ₹15 Lakhs annual spend. Base reward return is 1.00%, lower than Infinia's 3.33% base earn rate. Strict income criteria restrict approvals to top-tier income brackets.

Forex Markup FeeLow 1.99% + GST markup on foreign currency transactions (one of India's lowest among bank cards).

Cash Advance Fee2.5% of withdrawn amount or ₹500 (whichever is higher) + 1.99% monthly finance charges.

Finance Charges (Interest)Preferential 1.99% per month (23.88% per annum) on revolving balances.

Late Payment SlabsNil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹750 for ₹1,001–₹5,000; ₹900 for ₹5,001–₹10,000; ₹1,000 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).

Reward Points ExpiryReward points expire 3 years (36 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, rent payments, educational institutional fees, and government tax payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 60 with monthly salary exceeding ₹3,00,000. Self-employed individuals aged 21 to 65 with audited annual ITR exceeding ₹36,00,000.

Age Requirement21 to 60 Years

Minimum Income₹3,00,000/month (Salaried) / ₹36,00,000/year ITR (Self-Employed)

CIBIL Score NoteA pristine credit score of 780+ is required.

SBI RelationshipICICI Wealth Management or Private Banking relationship preferred.

How to Apply (Official Procedure)

Online Digital Application Flow

1Check eligibility via your ICICI Wealth Manager or apply at icicibank.com/emeralde.

2Enter PAN and mobile number for soft eligibility evaluation.

3Submit audited financial statements or senior executive compensation structure.

4Underwriting desk conducts private wealth verification.

5Complete online Video KYC session with bank official.

6Handcrafted welcome package dispatched via specialized secure courier within 3 business days.

Branch Application for Offline Applicants

Apply through any ICICI Bank Wealth Management branch or Private Banking center with audited financials and ITR acknowledgments.

Visit Official Card Page (icicibank.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card or Passport

3. Proof of Income: Last 3 months' salary slips with Form 16 OR Last 2 years' audited ITR with computation (ITR > ₹36 Lakhs)

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on ICICI Emeralde Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹750 for ₹1,001–₹5,000; ₹900 for ₹5,001–₹10,000; ₹1,000 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,200 for above ₹50,000 (+ GST).. In addition, revolving finance charges at Preferential 1.99% per month (23.88% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on ICICI Emeralde Credit Card into EMI?

Yes, ICICI Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on ICICI Emeralde Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into ICICI Bank Ltd.'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 (effective 1.00% flat return on all retail transactions). Redeemable for high-end catalog gifts, flight bookings, or statement credit. Please note: Reward points expire 3 years (36 months) from the date of accrual.

What is the interest-free grace period on ICICI Emeralde Credit Card and how does it work?

The interest-free period on ICICI Emeralde Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Preferential 1.99% per month (23.88% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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