ICICI Bank

ICICI Bank Sapphiro Credit Card

2 reward points per ₹100 in India, 4 per ₹100 on international spends and 1 per ₹100 on utilities and insurance; ICICI doesn't publish what a point is worth. Welcome vouchers worth over ₹13,000, milestone bonus of up to 20,000 points a year, and buy-one-get-one BookMyShow tickets.

₹6,500 joining, ₹3,500 a year
Works on UPI (RuPay)
Visa / Mastercard / American Express / RuPay

View on ICICI Bank siteIssuer's site. We don't earn from this card.

Good

Open to self-employed applicants

Watch out for

High joining fee: ₹6,500 up front
Earns nothing on fuel, rent and wallet loads
The bank doesn't publish what a reward point is worth
Lounge visits need about ₹25,000 of spend a month

Who it's for: Frequent flyers who use airport lounges and can meet the fee waiver.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Fuel: 0%

Fees and charges

Joining fee: ₹6,500
Annual fee: ₹3,500
Fee waiver: The next year's ₹3,500 annual fee is waived if you spend ₹6,00,000 or more in a card year. EMI, rent, government and education payments don't count towards it. Paying the joining fee brings welcome vouchers worth over ₹13,000.
Forex markup: 3.5%
Fuel surcharge waiver: 1% waiver at all petrol pumps on fuel payments up to ₹4,000, on up to ₹50,000 of fuel spend per statement cycle

Benefits and eligibility

Airport lounge: 16 domestic airport visits a year (4 a quarter) for the primary cardholder, each quarter unlocked by spending ₹75,000 in the previous quarter. ICICI's terms count that quarter from the 26th to the 25th (26 June to 25 September unlocks October to December), though its FAQ says calendar quarter. Also 2 international lounge visits a year for the primary cardholder, with no spend condition stated. If you hold the card on two networks, you get 2 domestic visits a quarter on each.
Card network: Visa, Mastercard, American Express, RuPay
UPI payments: Yes, as a RuPay credit card
Minimum income (salaried): ₹75,000 a month
Eligibility: Indian citizen aged 21 to 65. Salaried: income of ₹75,000 a month. Self-employed: income of ₹9,00,000 a year. Approval at ICICI Bank's discretion.

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the ICICI Bank Sapphiro Credit Card?

View on ICICI Bank siteIssuer's site. We don't earn from this card.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by ICICI Bank.

What changed recently

1 Apr 2026OtherWorse for you
The BookMyShow buy-one-get-one offer (up to ₹500 off, twice a month) now needs ₹25,000 of spend in the previous quarter.
After: ₹25,000 spend in the previous quarter
ICICI's terms list this as a revision effective 15 Jan 2026; spends from 26 Dec 2025 to 25 Mar 2026 unlock the April to June 2026 quarter, and the Sapphiro page says it starts on 1 Apr 2026.
Bank's notice or terms
1 Feb 2026Reward capsWorse for you
Transport spends (rail, bus, local transport and tolls) now earn reward points only on the first ₹20,000 of spend in a statement cycle.
Before: No cap on transport · After: Points on up to ₹20,000 of transport spend per statement cycle
Bank's notice or terms
15 Jan 2026FeesWorse for you
Markup on rupee-billed payments at foreign merchants (dynamic currency conversion) rose from 1% to 3.5%.
Before: 1% · After: 3.5%
Bank's notice or terms
15 Jan 2026FeesWorse for you
Paying the card bill in cash at an ICICI Bank branch now costs ₹150 a payment, up from ₹100.
Before: ₹100 per payment · After: ₹150 per payment
Bank's notice or terms
15 Jan 2026FeesWorse for you
New 1% fee on wallet loads of ₹5,000 or more.
Before: No fee · After: 1% on wallet loads of ₹5,000 or more
Bank's notice or terms

All card changes, month by month

Questions people ask

Is the ICICI Bank Sapphiro Credit Card worth it in 2026?

Only if you'll use the airport lounge visits and can meet the fee waiver; the bank doesn't publish what its rewards are worth. The catch: earns nothing on fuel, rent and wallet loads.

Is the ICICI Bank Sapphiro Credit Card lifetime free?

No. It costs ₹6,500 to join and ₹3,500 a year, plus GST. The next year's ₹3,500 annual fee is waived if you spend ₹6,00,000 or more in a card year. EMI, rent, government and education payments don't count towards it. Paying the joining fee brings welcome vouchers worth over ₹13,000.

Does the ICICI Bank Sapphiro Credit Card work on UPI?

Yes, it's a RuPay card, so you can link it to UPI apps for merchant payments.

Does the ICICI Bank Sapphiro Credit Card give airport lounge access?

16 domestic airport visits a year (4 a quarter) for the primary cardholder, each quarter unlocked by spending ₹75,000 in the previous quarter. ICICI's terms count that quarter from the 26th to the 25th (26 June to 25 September unlocks October to December), though its FAQ says calendar quarter. Also 2 international lounge visits a year for the primary cardholder, with no spend condition stated. If you hold the card on two networks, you get 2 domestic visits a quarter on each.

What earns no rewards on the ICICI Bank Sapphiro Credit Card?

No reward points on fuel, rent, wallet loads, EMI purchases, cash withdrawals, or card fees and interest. Government payments count as utility payments and earn the lower 1 point per ₹100. Points on utilities and on insurance count only on the first ₹80,000 of each in a statement cycle, on groceries and department stores the first ₹40,000, and on transport (rail, bus, local transport, tolls) the first ₹20,000.

Is there a limit on rewards with the ICICI Bank Sapphiro Credit Card?

Utility spends (including government payments, which ICICI counts as utilities) earn points only on the first ₹80,000 of spend in a statement cycle. Insurance spends earn points only on the first ₹80,000 of spend in a statement cycle. Insurance is not a reward_rate key. Grocery and department store spends earn points only on the first ₹40,000 of spend in a statement cycle. Since 1 Feb 2026, transport spends (local transport, rail, bus and tolls) earn points only on the first ₹20,000 of spend in a statement cycle. Milestone bonus points (4,000 at ₹4 lakh of yearly spend, then 2,000 for each extra ₹1 lakh) are capped at 20,000 points a card year.

Who can get the ICICI Bank Sapphiro Credit Card?

The bank publishes a minimum income of ₹75,000 a month for salaried applicants. Self-employed people can apply: Income of ₹9,00,000 a year; age 21-65; Indian citizen. Indian citizen aged 21 to 65. Salaried: income of ₹75,000 a month. Self-employed: income of ₹9,00,000 a year. Approval at ICICI Bank's discretion. Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read ICICI Bank's own product page on 19 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 19 Oct 2026 on ICICI Bank's official page. Fees and rewards change; check the issuer's terms before you apply.

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