ICICI Bank Sapphiro Credit Card
Joining Fee: ₹6,500 + GST
Renewal Fee: ₹3,500 + GST
Reward Type: Reward Points
Welcome Benefits
Gift Vouchers & Memberships:
Receive complimentary gift vouchers or loyalty program memberships within 45 days of card issuance:
Tata CliQ Voucher: ₹3,000
Croma Voucher: ₹1,500
EaseMyTrip Voucher: ₹4,000
Uber Voucher: ₹1,000
Cashback on American Express Variant: Get ₹750 cashback on spending a minimum of ₹20,000 within 60 days of card issuance.
Rewards and Redemption
Reward Points on Spending: Earn 4 Reward Points for every ₹100 spent on international transactions and 2 Reward Points per ₹100 on domestic purchases, excluding fuel. Additionally, earn 1 Reward Point per ₹100 on utilities and insurance payments.
Redeem Your Points: Redeem your points against your card’s statement balance or for gifts. For cash redemption, call 080-40146444; for gift redemption, call 1860-258-5000.
Milestone Rewards
Bonus Points on Annual Spend: Earn 4,000 Reward Points after spending ₹4 lakh in an anniversary year. Continue earning 2,000 Reward Points for every additional ₹1 lakh spent, up to a maximum of 20,000 Points per year.
Travel Benefits
Airport Lounge Access: Enjoy 4 complimentary domestic airport lounge visits annually under the Visa/MasterCard/AmEx Lounge Access Program. Access is granted upon spending ₹5,000 in the previous quarter.
International Lounge Access: Receive 2 complimentary international lounge visits annually and 2 complimentary spa sessions with Dreamfolks Lounge Access Program membership.
Movie & Dining Offers
Buy One Get One Movie Ticket: Get one free movie ticket for every ticket purchased via BookMyShow. The offer is available twice a month for tickets priced below ₹500.
Dining Discounts: Avail of exclusive dining offers with a minimum 15% discount at over 2,500 partner restaurants through the ICICI Bank Culinary Treats Programme.
Golf Privileges
Complimentary Golf Rounds: Earn 1 complimentary golf round/lesson for every ₹50,000 spent in the preceding quarter. A maximum of 4 rounds/lessons can be availed per quarter. Registration on the Golftripz website is required.
Insurance Coverage
| Insurance Type | Coverage Amount |
|---|---|
| Personal Air Accident | ₹3 Crore |
| Baggage Insurance | Up to ₹25,000 |
| Loss of Checked-in Baggage | USD 1,200 |
| Delay in Checked-in Baggage | USD 300 (for delays over 12 hours) |
| Missed Flight Due to Trans-shipment | USD 300 |
| Loss of Travel Documents | USD 500 |
| Flight Delay | USD 250 (for delays over 12 hours) |
| Plane Hijacking | USD 250 per hour (up to 12 hours) |
Concierge Services
24x7 Assistance: Enjoy around-the-clock concierge services, including flight and hotel reservations, restaurant bookings, gift and flower deliveries, movie ticket bookings, and medical concierge services.
Fees & Charges
Card Fees: The joining fee is ₹6,500, with an annual fee of ₹3,500 from the second year.
Interest Rate: The card carries an interest rate of 3.4% per month (40.8% annually).
Cash Advance Fee: A fee of 2.5% or ₹500 (whichever is lower) applies for cash withdrawals.
Forex Markup: A 3.5% fee is charged for foreign currency transactions.
Summary
The ICICI Bank Sapphiro Credit Card is a premium choice offering extensive benefits. It provides generous rewards on both domestic and international spending, with the American Express variant giving 50% more rewards than the Mastercard version. Enjoy a 15% dining discount at over 2,500 restaurants, save up to ₹12,000 annually with two complimentary movie tickets worth ₹500 each, and access domestic and international airport lounges. While the joining fee is high, it is offset by substantial welcome benefits, and the annual fee is relatively affordable. Overall, it’s a top choice for a high-value credit card experience.