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.