Times Black ICICI Bank Credit Card

Name: Times Black ICICI Bank Credit Card
Brand: ICICI
Price: 20000 INR
Availability: InStock
Rating: 4 (1 reviews)

Overview

The Times Black ICICI Bank Credit Card is a co-branded offering with Times Internet Ltd. positioned squarely in the super-premium segment. At ₹20,000 plus GST for both joining and annual fees, it sits alongside ICICI Bank’s own Emeralde and Sapphiro tiers. The annual fee gets waived when you hit ₹25 lakh in annual spending, a threshold that the card’s target audience of HNIs earning ₹2 lakh or more per month should be able to manage. Spending on rent, government, and education categories does not count toward this threshold.Reward points accrue at 2 points per ₹100 on domestic transactions and 2.5 points per ₹100 on international spend. Each point can be worth up to ₹1 when redeemed through the ICICI Bank Rewards catalogue, with zero handling fees for Times Black cardholders. A 5,000-point cap per statement cycle applies to utility, insurance, education, and government payment categories. Fuel, rent, and EMI transactions earn nothing. The milestone programme stands out: ₹10,000 Klook gift card at ₹2 lakh spend, ₹10,000 WeWork or airport transfer benefit at ₹5 lakh, ₹10,000 Tata CLiQ Luxury at ₹10 lakh, and a ₹20,000 luxury stay at Ayatana or Lohono at ₹20 lakh.The 1.49% forex markup is among the lowest in the Indian credit card market, making this a genuinely strong international spending card. Unlimited domestic and international airport lounge access through Priority Pass covers both the primary and Plus cardholder across 1,400+ lounges in 145+ countries. Additional travel benefits include a ₹12,000 cancellation refund on domestic flights and hotels, air accident insurance, and visa assistance through Atlys and OneVasco. On the lifestyle side, Zomato Gold membership, The Quorum Club access with dining discounts, CribLife luxury services, and 24x7 concierge round out the package.This card works best for individuals earning ₹2 lakh or more monthly who travel frequently, both domestically and internationally. The combination of 1.49% forex, unlimited lounge access, and ₹50,000 in potential milestone rewards makes the ₹20,000 fee justifiable for active spenders. If your annual card spending falls below ₹10 lakh, you may not extract enough value to offset the fee, and a mid-tier card like the Rubyx or Sapphiro would serve you better.

Pros

↑1.49% forex markup is among the lowest in India, significantly lower than the standard 3.5% most ICICI cards charge and even below many dedicated travel cards
↑Unlimited domestic and international lounge access via Priority Pass for both primary and Plus cardholder, with no spend conditions attached
↑Four milestone reward tiers totalling ₹50,000 in gift card value (Klook, WeWork, Tata CLiQ Luxury, luxury stay), more structured than most super-premium cards

Cons

↓₹20,000 annual fee requires ₹25 lakh annual spend for waiver, a higher threshold than many premium cards that waive fees at ₹3-10 lakh
↓Reward points capped at 5,000 per statement cycle on utility, insurance, education, and government payments, limiting value for heavy bill payers
↓No reward points on fuel, rent, or EMI transactions, which can represent a significant portion of monthly spend for high earners

Key Highlights

Welcome Offer
Welcome benefits worth ₹25,000+
Luxury Stay: EaseMyTrip ₹10,000 OR Lohono ₹12,000
Toni & Guy: ₹3,000 gift card
Interflora: ₹1,000 gift card
Zomato Gold: Annual membership
The Quorum Club: Special offers and events
CribLife: 6 luxury lifestyle services
Atlys/OneVasco: ₹10,000 visa benefits
Delivered within 45 business days of joining fee payment

Reward Rate
2 points per ₹100 domestic, 2.5 intl
International: 2.5 points per ₹100
Domestic: 2 points per ₹100
Point value: up to ₹1 per point
5,000 point cap per cycle on utilities/insurance/education/govt
No points on fuel, rent, EMI

Minimum Salary
₹2,00,000/month (salaried)
Salaried: ₹2,00,000/month (₹24 lakh/year)
Self-employed: ₹24,00,000/year
Age: 21 years and above
Indian citizen

Joining Fee
₹20,000 + GST
Joining fee: ₹20,000
Plus 18% GST
Welcome benefits worth ₹25,000+ offset the cost

Annual Fee
₹20,000 + GST (waived on ₹25L spend)
Annual fee: ₹20,000
Plus 18% GST
Waived if annual spend exceeds ₹25 lakh
Spend threshold excludes rent, government, and education payments

Why Choose?
1.49% forex markup, among India's lowest
1.49% DCC fee vs standard 3.5% ICICI markup
Unlimited international lounge access via Priority Pass
₹12,000 cancellation refund on domestic flights/hotels
Visa assistance through Atlys and OneVasco worth ₹10,000

Key Benefits

Dining

★4.0

▼

Zomato Gold annual membership for exclusive dining privileges
The Quorum Club: dining discounts at select restaurants and event access
2 reward points per ₹100 on all restaurant transactions

Fuel

★4.5

▼

1% surcharge waiver at all fuel stations in India
Max transaction size: ₹4,000
Up to ₹1,00,000 in fuel spends per statement cycle
No reward points on fuel transactions

Lifestyle

★4.5

▼

Zomato Gold annual membership
The Quorum Club: membership offers, events, and dining discounts
CribLife: 6 exclusive luxury lifestyle management services
24x7 concierge for reservations and bookings
Toni & Guy ₹3,000 and Interflora ₹1,000 gift cards on joining

Milestone

★5.0

▼

₹2 lakh spend: Klook ₹10,000 gift card for international experiences
₹5 lakh spend: WeWork day passes OR airport transfers worth ₹10,000
₹10 lakh spend: Tata CLiQ Luxury ₹10,000 gift card
₹20 lakh spend: Luxury stay at Ayatana/Lohono worth ₹20,000
Total potential value: ₹50,000 per year
Benefits accessible via Times Black app for 6 months from notification

Reward Points

★3.5

▼

International: 2.5 points per ₹100
Domestic: 2 points per ₹100
Point value: up to ₹1 per point (₹0.40 for statement credit)
Nil redemption handling fee for Times Black
5,000 point cap per cycle on utilities/insurance/education/govt
No points on fuel, rent, EMI

Shopping

★3.0

▼

2 reward points per ₹100 on domestic purchases
Tata CLiQ Luxury ₹10,000 gift card on ₹10 lakh spend milestone
Reward points redeemable via ICICI Bank Rewards portal for shopping vouchers

Merchant Offers

▼

Klook ₹10,000 on ₹2L milestone
WeWork day passes on ₹5L milestone
Tata CLiQ Luxury ₹10,000 on ₹10L milestone
Zomato Gold annual membership included

Travel

★5.0

▼

1.49% forex markup (vs standard 3.5% on most ICICI cards)
Unlimited domestic airport lounge access
Unlimited international airport lounge access via Priority Pass
Priority Pass for both primary and Plus cardholder
1,400+ lounges in 145+ countries
₹12,000 cancellation refund on domestic flights and hotels
Air accident insurance
Visa assistance through Atlys and OneVasco worth ₹10,000
24x7 concierge for hotel, flight, and car rental bookings

Airport Lounge Access

▼

Unlimited domestic airport lounge visits
Unlimited international airport lounge visits via Priority Pass
Primary and Plus cardholder both covered
No spend conditions required
1,400+ lounges in 145+ countries

Liability Protection

▼

Zero liability on unauthorized transactions when reported promptly
Counterfeit card liability protection

Insurance

▼

Air accident insurance cover (primary cardholder only)
Claims through ICICI Lombard General Insurance Co. Ltd.

Emi

▼

EMI conversion available on purchases
EMI transactions do not earn reward points

Detailed Information

Joining Fee	₹20,000 + GST
Annual Fee	₹20,000 + GST
Annual Fee Waiver	Waived on ₹25L 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	1.49%
Late Payment Charges	₹100 to ₹1,300 based on outstanding
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	Nil
Balance Transfer Fee	2% of transferred amount (min ₹250)
Fee For Supplementary Card	₹3,500 + GST (one-time per card)
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	₹24.0 lakh (₹2,00,000/month)
Minimum Annual Income Self Employed	₹24.0 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 ₹20,000 plus 18% GST. Welcome benefits worth over ₹25,000, including a luxury stay gift card (₹10,000-₹12,000), Toni & Guy (₹3,000), Interflora (₹1,000), Zomato Gold membership, Quorum Club access, CribLife services, and Atlys/OneVasco visa benefits (₹10,000), arrive within 45 business days of payment.

The annual fee of ₹20,000 plus GST gets waived from the second year onwards when your total spending in the previous year crosses ₹25 lakh. Rent payments, government transactions, and education payments do not count toward this threshold.

Apply through the ICICI Bank website, iMobile app, or timesblack.com. The process is fully digital with video KYC verification. You need your PAN Card and Aadhaar Card for video KYC, which is available 24x7. Existing ICICI Bank customers may find a pre-approved offer in iMobile or internet banking.

Salaried applicants need a minimum monthly income of ₹2,00,000 (₹24 lakh per year). Self-employed applicants require an annual income of ₹24,00,000. You must be an Indian citizen aged 21 years or above. A credit score of 750 or higher is typically expected.

The Times Black ICICI Bank Credit Card is issued on the Visa network, giving it acceptance at Visa merchants worldwide. This is a co-branded card with Times Internet Ltd., offering exclusive benefits through the Times Black app and partner ecosystem.

Welcome benefits total over ₹25,000: a Luxury Stay Gift Card from EaseMyTrip worth ₹10,000 or Lohono worth ₹12,000, Toni & Guy gift card (₹3,000), Interflora gift card (₹1,000), Zomato Gold annual membership, The Quorum Club special offers and event access, CribLife luxury lifestyle management with 6 exclusive offerings, and Atlys/OneVasco travel visa benefits worth ₹10,000. These arrive within 45 business days of paying the joining fee.

Domestic purchases earn 2 points per ₹100 and international transactions earn 2.5 points per ₹100. Utility, insurance, education, and government payments earn points but are capped at 5,000 points per statement cycle. Fuel, rent, and EMI transactions do not earn any points.

Each ICICI Bank reward point can be worth up to ₹1 when redeemed through the Rewards catalogue for products, vouchers, or experiences. When redeeming against your card statement, the rate drops to ₹0.40 per point. Times Black cardholders pay no redemption handling fee, unlike most other ICICI cards that charge ₹99 per catalogue redemption.

Fuel transactions, rent payments, and EMI conversions earn zero points. Points earned on such transactions will be reversed. Cash advances, balance transfers, fee payments (joining, annual, GST), penalty charges (interest, late fees), and cancelled transactions also earn nothing. Utility, insurance, education, and government payments earn points but are capped at 5,000 per statement cycle.

Four milestone tiers unlock gift cards as you spend: ₹10,000 Klook gift card at ₹2 lakh spend, ₹10,000 WeWork day passes or airport transfers at ₹5 lakh, ₹10,000 Tata CLiQ Luxury gift card at ₹10 lakh, and a ₹20,000 luxury stay at Ayatana or Lohono at ₹20 lakh. The total potential value across all four tiers is ₹50,000. Milestone thresholds exclude rent, government, and education payments.

Milestone benefits can be accessed through the Times Black app for a period of six months, starting from the date ICICI Bank notifies you about reaching the respective milestone. You must have paid the joining fee or annual fee and crossed the spending threshold to redeem milestone benefits.

Yes. The Times Black ICICI Bank Credit Card provides unlimited complimentary access to both domestic and international airport lounges. International lounges are accessed through a complimentary Priority Pass membership, covering 1,400+ lounges in 145+ countries. Both the primary cardholder and Plus (supplementary) cardholder receive Priority Pass membership. There are no spend conditions for lounge access.

A complimentary Priority Pass membership is automatically provided to both the primary and Plus (supplementary) cardholder. Present your Priority Pass card at any participating international lounge for access. The full list of participating lounges is available at prioritypass.com/airport-lounges.

The Times Black card charges a 1.49% dynamic currency conversion fee on all international transactions. This is significantly lower than the standard 3.5% markup on most ICICI Bank credit cards and among the lowest forex markups available on any Indian credit card. Combined with 2.5 reward points per ₹100 on international spend, this makes the card genuinely competitive for overseas purchases.

Yes. The card provides a cancellation refund of up to ₹12,000 on domestic flight and hotel bookings. This covers cancellation charges that would otherwise be non-refundable. The benefit applies to bookings made using the Times Black ICICI Bank Credit Card.

The card includes a Zomato Gold annual membership for exclusive dining privileges at partner restaurants. You also get access to The Quorum Club, which provides dining discounts at select restaurants and access to exclusive events. All restaurant transactions earn the standard 2 reward points per ₹100 spent.

The Quorum Club is an exclusive members-only social club. Times Black cardholders receive special offers on membership and access to events at The Quorum Club venues, along with dining discounts at select partner restaurants. This benefit is part of the welcome package and provides ongoing lifestyle access throughout your card membership.

CribLife provides curated luxury lifestyle management services exclusively for Times Black cardholders. The benefit includes 6 exclusive offerings covering various lifestyle needs. These services are part of the welcome benefits package and can be accessed through the Times Black app or by contacting CribLife directly.

No. The Times Black card has nil cash advance transaction fees, unlike most ICICI Bank credit cards that charge 2.5% of the amount withdrawn (minimum ₹500). However, interest of 3.75% per month still applies from the date of withdrawal with no interest-free period, making ATM cash withdrawal expensive despite the zero fee.

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.

Yes. Supplementary (Plus) cards cost ₹3,500 plus GST as a one-time fee per card. The Plus cardholder also receives a complimentary Priority Pass membership for international lounge access. Reward points earned on supplementary card transactions accumulate in the primary cardholder’s account.

The card includes air accident insurance cover for the primary cardholder. Claims are handled through ICICI Lombard General Insurance Co. Ltd. Detailed terms and conditions for the insurance coverage are available on the ICICI Bank website. The card also provides a ₹12,000 cancellation refund benefit on domestic flight and hotel bookings.

The card provides a 1% fuel surcharge waiver at all petrol pumps across India. The maximum transaction size for the waiver is ₹4,000, and the waiver applies on fuel spends up to ₹1,00,000 per statement cycle. This ₹1 lakh cap is higher than most ICICI cards, which cap at ₹50,000 per cycle. Fuel transactions do not earn reward points.

At ₹15 lakh annual spend, you earn roughly 30,000 base reward points (worth up to ₹30,000), plus unlock three milestone tiers: Klook ₹10,000 at ₹2L, WeWork/transfers ₹10,000 at ₹5L, and Tata CLiQ Luxury ₹10,000 at ₹10L. That is ₹60,000 in total value against a ₹20,000 fee. You also get unlimited lounge access, 1.49% forex, Zomato Gold, and ₹25,000+ in welcome benefits in year one. The card delivers strong value at this spend level, though you would not reach the ₹25L fee waiver threshold. If most of your spending is international, the 1.49% forex alone saves significant money compared to a standard 3.5% card.

Call the ICICI Bank credit card helpline at 1800 1080 (toll-free). For concierge services, dial 18002670731 (toll-free, available 24x7). You can also manage your card, raise disputes, and track rewards through the iMobile app, ICICI Bank internet banking, or the Times Black app for milestone-related queries.

Overview

Pros

Cons

Key Highlights

Key Benefits

Detailed Information

Frequently Asked Questions

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