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Verified by CardIQ admin · last checked 05 Jul 2026
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ICICI Bank

ICICI Bank Emeralde Credit Card

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ICICI Bank Emeralde Credit Card (PVC) — a premium ICICI card offering 4 RP per ₹100 on retail spends (~1% effective), 2 RP per ₹100 on utility/insurance (~0.5%), unlimited domestic & international lounge access via Priority Pass, up to 4 golf rounds/month, BookMyShow BOGO, 2% forex markup, and a ₹5,000 Tata CLiQ welcome voucher (Amex variant). Annual fee ₹12,000 + GST, waived on ₹10L annual spends.

Score breakdown

Data completeness: 100% · Last verified: 06 Jul 2026

Reward value21/100 · weight 65%
≈ 1.00% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +10.0% score bonus — earns broadly without narrow category restrictions.
No rewards on: government, wallet_load, rent, fuel. Reward score is scaled by ×(1 − 3.6%), proportional to how much of the standard basket falls in these excluded categories (v4 formula, capped at −5%). Tip: pair with a card that covers these.
Fee efficiency34/100 · weight 11%
Redemption flexibility92/100 · weight 8%
Perks88/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
₹12,000 + 18% GST
= ₹14,160 total
Annual fee
₹12,000 + 18% GST
= ₹14,160 / year total
Waiver: Annual fee waived on retail spends of ₹10 lakh in the preceding card anniversary year
Forex markup
2%

Lounge access

Domestic (per year)
Unlimited
International (per year)
Unlimited

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
all_spendscashback4%—4 RP per ₹100 on retail spends → ~1% effective at ₹0.25/RP statement credit
utilitiescashback2%—2 RP per ₹100 on utility spends → ~0.5% effective
insurancecashback2%—2 RP per ₹100 on insurance spends → ~0.5% effective
fuelcashback0%—No reward points on fuel spends
rentcashback0%—No reward points on rent payments
wallet_loadcashback0%—No reward points on wallet loads
governmentcashback0%—No reward points on government/tax payments

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

FuelRentWallet loadsGovernment/tax paymentsCash advancesFees & interestRefundsExcluded MCCs

Welcome offer

₹5,000 Tata CLiQ voucher on joining (American Express variant)

What's inside

Experience

  • Golf privileges

    ₹2,000

    Up to 4 complimentary golf rounds/lessons per month — 1 benefit for every ₹50,000 retail spend in the previous month.

    monthly.

  • BookMyShow BOGO

    ₹3,000

    Buy-one-get-one-free on movie tickets via BookMyShow — up to ₹750 off on the second ticket, 4 times per month.

    monthly.

Travel privileges

  • Unlimited domestic airport lounge access

    Unlimited complimentary domestic lounge visits for the primary cardholder.

    yearly.

  • Unlimited international lounge access (Priority Pass)

    Complimentary Priority Pass with unlimited international lounge visits for the primary cardholder.

    yearly.

  • Travel & hotel cancellation protection

    Protection against eligible travel and hotel cancellations.

    yearly.

Earn every day

  • 1% fuel surcharge waiver

    1% fuel surcharge waiver on eligible fuel spends across all fuel stations (subject to caps).

    yearly.

Welcome benefits

  • ₹5,000 Tata CLiQ welcome voucher

    ₹5,000

    ₹5,000 Tata CLiQ e-voucher on joining (American Express variant only).

    one time.

Concierge & support

  • 24x7 concierge services

    Premium concierge for travel, dining and lifestyle assistance.

    yearly.

Small print

Fuel surcharge:1% fuel surcharge waiver on eligible fuel spends