ICICI Bank Sapphiro Credit Card

Name: ICICI Bank Sapphiro Credit Card
Brand: ICICI
Price: 3500 INR
Availability: InStock
Rating: 4.5 (1 reviews)

Overview

The ICICI Bank Sapphiro Credit Card occupies the premium tier in ICICI’s credit card lineup, sitting between the mid-range Rubyx and the ultra-premium Emeralde. A joining fee of ₹6,500 and annual fee of ₹3,500 (both plus GST) reflect its premium positioning. The annual fee gets waived when you spend ₹6 lakh in a year. Welcome vouchers worth over ₹13,000 from Tata CLiQ (₹3,000), EaseMyTrip (₹4,000), Da Milano (₹5,000), Croma (₹1,500), and EazyDiner (₹1,095 for 3-month Prime membership) arrive within 45 days of paying the joining fee, more than doubling your initial investment.Reward points accumulate at 2 per ₹100 on domestic transactions and 4 per ₹100 on international spend. Utilities and insurance payments earn 1 point per ₹100, while fuel transactions earn nothing. The iShop portal multiplies earnings to 6x or 12x at select merchants. Milestone rewards add 4,000 points when annual spending reaches ₹4 lakh, with 2,000 bonus points for each additional ₹1 lakh, capping at 20,000 points per anniversary year.Where the Sapphiro pulls ahead of its mid-tier siblings is lounge and travel access. You get 2 international airport lounge visits annually through Priority Pass (for cards issued after November 2024), covering 1,400+ lounges in 145+ countries. Domestic airport lounges allow 4 visits per quarter, though this requires ₹75,000 in quarterly spend. Golf enthusiasts get up to 4 complimentary rounds per month via Golftripz, with each round linked to ₹50,000 in retail spend the prior month. BookMyShow gives you buy-one-get-one movie tickets worth up to ₹500, available twice a month.Air accident insurance cover reaches ₹3 crore for international flights, provided the card was used within 60 days. This card works well for professionals earning ₹75,000+ per month who travel frequently and value airport lounge access on both domestic and international routes. If your primary need is the lowest possible forex rates, the standard 3.5% markup means dedicated travel cards still hold an edge for heavy international spending.

Pros

↑Welcome vouchers worth ₹13,000+ cover more than double the joining fee, among the highest welcome benefit to fee ratios in the premium tier
↑International airport lounge access via Priority Pass (1,400+ lounges worldwide) sets it apart from most cards below ₹10,000 annual fee
↑Up to 4 complimentary golf rounds per month and BOGO movie tickets (up to ₹500) provide premium lifestyle perks typically found on super-premium cards

Cons

↓Domestic airport lounge access still requires ₹75,000 quarterly spend, unlike some premium cards that provide unconditional lounge visits
↓3.5% forex markup is disappointing for a card with international lounge access, where travel-focused cards charge 1.5% to 2%
↓Only 2 international lounge visits per year may feel restrictive for frequent international travellers, as cards at ₹10,000+ annual fee often provide more

Key Highlights

Welcome Offer
Welcome vouchers worth ₹13,000+
Tata CLiQ: ₹3,000
EaseMyTrip: ₹4,000 (4x ₹1,000)
Da Milano: ₹5,000
Croma: ₹1,500 (3x ₹500)
EazyDiner: ₹1,095 (3-month Prime)
Delivered within 45 days of joining fee payment

Reward Rate
2 points per ₹100 domestic
International: 4 points per ₹100
Domestic: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
No points on fuel transactions

Minimum Salary
₹75,000/month (salaried)
Salaried: ₹75,000/month
Self-employed: ₹9,00,000/year
Age: 21 to 65 years
Indian citizen

Joining Fee
₹6,500 + GST
Joining fee: ₹6,500
Plus 18% GST
Welcome vouchers worth ₹13,000+ offset the cost

Annual Fee
₹3,500 + GST (waived on ₹6L spend)
Annual fee: ₹3,500
Plus 18% GST
Waived if annual spend exceeds ₹6 lakh

Why Choose?
International and domestic lounge access
2 international lounge visits/year via Priority Pass
1,400+ lounges in 145+ countries
4 domestic lounge visits/quarter (₹75K spend condition)
Up to 4 golf rounds/month
BookMyShow BOGO up to ₹500 twice/month

Key Benefits

Dining

★3.5

▼

BookMyShow BOGO: buy one, get up to ₹500 off second ticket
Minimum 2 tickets per booking
Available twice per month
Dual-variant cardholders get one offer per month per variant

Fuel

★4.0

▼

1% surcharge waiver on transactions up to ₹4,000
All fuel outlets in India
Primary and supplementary cardholders
No reward points on fuel

Lifestyle

★4.0

▼

Up to 4 complimentary golf rounds/month via Golftripz (1 per ₹50,000 spend in prior month)
BookMyShow BOGO: up to ₹500 off, twice monthly
24x7 concierge for reservations and bookings
Da Milano and EazyDiner welcome vouchers included

Milestone

★4.0

▼

4,000 reward points on ₹4 lakh annual spend
2,000 points per additional ₹1 lakh
Maximum 20,000 reward points per year
₹6L spend also triggers annual fee waiver

Reward Points

★3.0

▼

International: 4 points per ₹100
Domestic: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
6x to 12x points on iShop purchases
Redeem via ICICI Bank Rewards portal

Shopping

★3.5

▼

6x to 12x reward points on iShop portal at select merchants
2 reward points per ₹100 on domestic purchases
Welcome vouchers from Tata CLiQ (₹3,000), Croma (₹1,500), and Da Milano (₹5,000)

Merchant Offers

▼

6x to 12x reward points on iShop
BookMyShow BOGO movie ticket offer

Travel

★4.5

▼

2 international airport lounge visits/year via Priority Pass (1,400+ lounges, 145+ countries)
4 domestic airport lounge visits/quarter (conditional on ₹75K quarterly spend)
₹3 Cr air accident insurance (international flights, card used within 60 days)
24x7 concierge for hotel, flight, car rental bookings

Airport Lounge Access

▼

2 international visits per year via Priority Pass
4 domestic visits per quarter (requires ₹75,000 spend in prior quarter)
Primary cardholder only
Dual-variant: 2 domestic per quarter per variant

Liability Protection

▼

Counterfeit card liability protection
Account takeover cover

Insurance

▼

₹3 Cr air accident (international flights only, card used within 60 days)
₹2L personal accident (RuPay variant only)
Primary cardholder only

Emi

▼

EMI conversion on purchases above ₹2,500

Detailed Information

Joining Fee	₹6,500 + GST
Annual Fee	₹3,500 + GST
Annual Fee Waiver	Waived on ₹6L annual spend
Monthly Percentage Rate	3.75%
Annual Percentage Rate	45%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	₹100 to ₹1,300 based on outstanding
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	2% of transferred amount (min ₹250)
Fee For Supplementary Card	₹199/year
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-65 years
Age Requirement Self Employed	21-65 years
Minimum Annual Income Salaried	₹9.0 lakh (₹75,000/month)
Minimum Annual Income Self Employed	₹9.0 lakh/year
Minimum Credit Score	750+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The joining fee is ₹6,500 plus 18% GST. Welcome vouchers worth over ₹13,000 from Tata CLiQ (₹3,000), EaseMyTrip (₹4,000), Da Milano (₹5,000), Croma (₹1,500), and EazyDiner (₹1,095) arrive within 45 days of payment, more than doubling the fee value.

The annual fee of ₹3,500 plus GST gets waived when your total spending in the year crosses ₹6 lakh. This threshold also trigge₹4,000 milestone reward points plus the annual fee waiver for the following year.

Apply through the ICICI Bank website or iMobile app. The process is fully digital with no physical documents to submit. You need a PAN card, Aadhaar, and income proof (salary slips for salaried, ITR for self-employed). Existing ICICI Bank customers may find a pre-approved Sapphiro offer directly in iMobile or internet banking.

Salaried applicants need a minimum monthly income of ₹75,000 (₹9 lakh per year). Self-employed applicants require an annual income of ₹9 lakh. You must be an Indian citizen aged 21 to 65 years. A credit score of 750 or higher is typically expected.

The Sapphiro is available as a dual-variant card on MasterCard and American Express networks, plus a RuPay variant. The dual-variant gives you two physical cards, allowing benefits like separate domestic lounge visit quotas per variant. The RuPay version carries an extra ₹2 lakh personal accident insurance cover.

You receive vouchers worth over ₹13,000: Tata CLiQ (₹3,000), EaseMyTrip (four vouchers of ₹1,000 each), Da Milano (₹5,000), Croma (three vouchers of ₹500 each), and EazyDiner (₹1,095 for a 3-month Prime membership). These arrive within 45 days of paying the joining fee. Claim them through iMobile or internet banking by navigating to the ICICI Bank Rewards site and selecting the Sapphiro Welcome Benefit tab.

Domestic purchases earn 2 points per ₹100, international transactions earn 4 points per ₹100, and utilities or insurance payments earn 1 point per ₹100. Fuel transactions do not earn points. The iShop portal multiplies earnings to 6x or 12x at select merchants.

Fuel transactions earn zero points. Cash advances, EMI conversions, balance transfers, fee payments (joining, annual, GST), and penalty charges (interest, late fees) are also excluded. Utility and insurance payments earn at a reduced rate of 1 point per ₹100 instead of the standard 2 points on domestic spend.

You earn 4,000 reward points when annual spending reaches ₹4 lakh. For every additional ₹1 lakh spent, you receive 2,000 more points, up to a maximum of 20,000 points per anniversary year. The ₹6 lakh milestone also triggers the annual fee waiver.

Points can be redeemed through the ICICI Bank Rewards portal for shopping vouchers, electronics, home appliances, fashion, health and beauty, and travel. You can also redeem through the iMobile app or internet banking. Redemption categories and point values vary by product.

You get 2 complimentary international airport lounge visits per year. Cards issued after November 15, 2024 receive a Priority Pass membership covering 1,400+ lounges in 145+ countries. Older cards use DreamFolks membership with 650+ lounges in 100+ countries. Simply present your membership card at participating lounges. This benefit applies to the primary cardholder only.

You need to spend ₹75,000 or more in a calendar quarter to unlock 4 domestic airport lounge visits in the following quarter. This gives a maximum of 16 domestic lounge visits per year if you meet the threshold every quarter. Dual-variant cardholders (MasterCard + Amex) get 2 visits per quarter per variant. The benefit applies to the primary cardholder only.

You can access up to 4 complimentary golf rounds or lessons per month through Golftripz. Each round requires ₹50,000 in retail spend during the prior calendar month. Book through teetimes.golftripz.com using the same email registered with your ICICI Bank credit card. Benefits are credited by the 10th of the following month and remain valid for two months.

You get a buy-one-get-one movie ticket offer on BookMyShow worth up to ₹500 on the second ticket. A minimum of two tickets must be purchased. This offer is available twice per month. Dual-variant cardholders (MasterCard + Amex) can avail one complimentary movie benefit per month per variant.

The concierge handles restaurant reservations, flower and gift deliveries, hotel bookings, flight arrangements, car rentals, movie ticket delivery, and emergency assistance including auto and medical concierge support. Call 1800-26-70731 (toll-free for MTNL/BSNL) or 022-6787-2016 (standard charges). For the RuPay variant, call 1800-26-78729.

The card includes air accident insurance up to ₹3 crore for international flights, provided the card was used at least once in the 60 days prior to the event. The RuPay variant also carries ₹2 lakh personal accident cover. Both apply to the primary cardholder only. Supplementary cardholders are not covered. There is no lost baggage or trip cancellation cover.

Any purchase above ₹2,500 can be converted to EMI through the iMobile app or internet banking. Tenure options and interest rates depend on the transaction amount and your account standing. EMI conversions do not earn reward points.

Yes, ICICI Bank offers Plus (supplementary) cards for the Sapphiro. Add-on cardholders earn reward points at the same rate as the primary card and share the fuel surcharge waiver. All points from supplementary card transactions accumulate in the primary cardholder's account. The supplementary card fee is ₹199 per year.

Yes, the Sapphiro works at any MasterCard or Amex-accepting merchant worldwide. International transactions earn 4 reward points per ₹100, double the domestic rate. A 3.5% foreign currency markup applies on all international purchases. Unlike the Rubyx, the Sapphiro includes 2 international airport lounge visits per year via Priority Pass.

The foreign currency markup is 3.5% on all international transactions. While this is standard across ICICI cards, dedicated travel cards typically charge 1.5% to 2%. The 4 points per ₹100 on international spend partially offsets the markup, but heavy forex users should consider cards with lower markup rates.

The finance charge is 3.75% per month, which works out to 45% per year. This applies to any outstanding balance carried past the payment due date. Paying the full statement balance by the due date each month avoids interest charges entirely.

The minimum payment is 5% of the total outstanding balance or ₹200, whichever is higher. Paying only the minimum avoids late payment fees but triggers the 3.75% monthly finance charge on the remaining balance.

Late fees range from ₹100 to ₹1,300 depending on your total outstanding amount. These apply when you do not pay at least the minimum amount by the statement due date.

Cash advances carry a fee of 2.5% of the withdrawn amount (minimum ₹500). Interest of 3.75% per month starts from the date of withdrawal with no interest-free period. This makes ATM cash withdrawal one of the most expensive ways to use a credit card.

At ₹50,000 monthly spend (₹6 lakh per year), the Sapphiro triggers the annual fee waiver and earns roughly 12,000 base points plus up to 8,000 milestone points. The key upgrade over the Rubyx at this spend level: international lounge access (2/year via Priority Pass, which Rubyx lacks entirely), double the domestic lounge quota (4/quarter vs 2), double the golf rounds (4/month vs 2), and much better BookMyShow offer (BOGO ₹500 vs 25% off ₹150). Welcome vouchers at ₹13,000+ vs ₹5,000+ also strongly favour the Sapphiro. The extra ₹3,500 joining fee and ₹1,500 higher annual fee are easily justified if you use the lounge and lifestyle benefits.

Overview

Pros

Cons

Key Highlights

Key Benefits

Detailed Information

Frequently Asked Questions

Related Products

Pros

Cons