ICICI Bank Emeralde Credit Card is designed for high net-worth individuals who frequently travel for business and prioritize maintaining their lifestyle while on the go.
One distinctive aspect of ICICI Bank Emeralde credit card is its flexible payment structure, where you can choose between two membership plans:
- The monthly plan with a fee of Rs. 1,000 per month or
- The annual plan with an annual membership fee of Rs. 12,000.
This allows you to pick the payment option that best fits your financial needs and travel frequency.
My Personal Review of ICICI Bank Emeralde Credit Card
As a frequent traveler and high net-worth individual (HNI), I decided to apply for the ICICI Bank Emeralde Credit Card to enjoy its exclusive benefits and rewards. The process was simple and hassle-free, and I received my card within a few days of submitting my application. After receiving your card, you need to activate your ICICI credit card firstly.
Using the card has been a delight so far. The 4 Reward Points (RPs) earned on every Rs. 100 spent on all transactions (except fuel, utilities, and insurance categories) and the 1 RP on every purchase of Rs. 100 on insurance and utilities has allowed me to accumulate points quickly, which I can redeem for statement credit or gifts.
The card’s unique feature of two membership plans is excellent, as it allowed me to choose the plan that suited my needs best. I opted for the monthly plan as it allowed me to pay a lower fee, and I could reverse the monthly fee on spending above Rs. 1,00,000 in the previous month.
Another highlight of this credit card is its lounge access benefit. I enjoy unlimited access to domestic and international lounges, which provides me with a comfortable and luxurious experience while traveling.
Overall, I am highly satisfied with my ICICI Bank Emeralde Credit Card and would recommend it to anyone looking for a premium credit card that caters to their travel needs and lifestyle.
Fees and Waivers
Joining Fees
- Rs. 1,000 for monthly plan.
- Rs. 12,000 for annual plan.
Annual Fees
- Rs. 1,000 for monthly plan.
- Rs. 12,000 for annual plan.
Annual Fee Waiver Condition
- The monthly fee of the card is reversed on the expenditure of Rs. 1,00,000 in the previous month.
- The annual fee is reversed on annual spend of Rs. 15,00,000 in the previous anniversary year.
If your ICICI credit card is not approved, firstly you should go with ICICI Amazon Pay credit card which is lifetime fee credit card. Then you can go with other mid- range level credit card.
Welcome Bonus and Main Benefits
Welcome Bonus
- The ICICI Bank Emeralde Credit Card does not offer any welcome bonus.
Main Benefits
- Movie benefit: You get up to Rs. 750 discount on a second movie/event ticket through BookMyShow with maximum 4 tickets per month.
- No cancellation charge on movie ticket booking.
- The maximum cap benefit of Rs. 12,000 per year.
- Dining benefit: Minimum discount of 15% at partnered restaurants under the ICICI Culinary Treats program.
ICICI Bank Emeralde Credit Card Rewards
Reward Rate
- You can earn 4 RPs on every Rs. 100 spent on all transactions except fuel, utilities and insurance categories.
- Earn 1 RP on every purchase of Rs. 100 on insurance and utilities
Reward Points Redemption Value
- Redeem your reward points against gifts or statement credit.
- 1 Reward Point = Rs. 0.25.
- You can call on 080-40146444 to redeem your reward points for cash back.
- You can call on 1860-258-5000 to redeem them against gifts.
International and Domestic Lounges
- The ICICI Bank Emeralde Credit Card provides unlimited access to international lounges.
- The credit card also provides unlimited access to domestic lounges.
- You get unlimited complimentary domestic airport spa access through Dreamflolks membership.
Forex Markup Fees
- A low forex mark-up fee of 1.5% on international transactions.
Golf Privileges
- You get 1 complimentary round/lesson of golf each month on a minimum spend of Rs. 50,000 in previous month.
- A maximum of 4 golf rounds can be availed per month.
- You have to first register your Emeralde Credit Card on the Golftripz website to avail the golf benefit and book a complimentary golf game.
Overall
The ICICI Bank Emeralde credit card is an excellent option for those who want to enjoy a range of exclusive benefits, including unlimited access to international and domestic lounges, discounts on movie tickets and dining, and a complimentary round/lesson of golf each month.
Additionally, the credit card offers 4 Reward Points (RPs) on every Rs. 100 spent on all transactions (except fuel, utilities and insurance categories) and 1 RP on every purchase of Rs. 100 on insurance and utilities.
However, the credit card has a forex markup fee of 1.5%, which is lower compared to other credit cards in the market. You may also read the list of best credit & debit card that comes with zero forex charges.
In similar range, you can go with HDFC Infinia credit card Metal Edition for better reward redemption return which is 33% through smartbuy on travel-related categories. You also get unlimited complimentary domestic and international airport lounge access with Club Marriott membership.
FAQs:
#1. What is the joining fee for the ICICI Bank Emeralde credit card?
The joining fee for the monthly plan is Rs. 1,000 (plus applicable taxes) and for the annual plan, it is Rs. 12,000 (plus applicable taxes).
#2. How can I get the annual fee waived?
The monthly fee can be waived on the expenditure of Rs. 1,00,000 in the previous month, and the annual fee can be waived on an annual spend of Rs. 15,00,000 in the previous anniversary year.
#3. What are the movie benefits of the ICICI Bank Emeralde Credit Card?
The card offers a discount of up to Rs. 750 on BookMyShow second movie/event ticket onwards (max 4 tickets per month), among other benefits.
#4. How many reward points do I earn on my transactions?
You can earn 4 Reward Points (RPs) on every Rs. 100 spent on all transactions (except fuel, utilities and insurance categories), and 1 RP on every purchase of Rs. 100 on insurance and utilities.
#5. How can I redeem my reward points?
The earned Reward Points can be redeemed against gifts or statement credit, where 1 Reward Point is valued at Re. 0.25.
#6. What is the forex markup fee for international transactions?
The forex markup fee for international transactions is 1.5%.
#7. Is there a limit on the number of lounges I can access?
No, there is no limit on the number of lounges you can access with the ICICI Bank Emeralde Credit Card.
