ICICI Bank Emeralde Private Metal Credit Card
ICICI Bank Emeralde Private Metal Credit Card is the most premium credit card in the market and it is by Invite only. The target audience of the credit card is high networth individual and those who want luxurious lifestyle. This card comes with ₹12,499 joining/annual fees which is totally worth it the kind of benefits it provide like complimentary unlimited lounge access domestic & International both for primary and add-on card holder, having very less foreign currency exchange rate that is 2%, and many more such benefit. Apart from this you will also get Taj Epicure membership as a welcome benefits, EazyDiner prime membership. The reward rate of this card is quite good that is 3% and also you get Easymytrip voucher on achieving milestone spends. Please read below article for more such details about this credit card.
JOINING FEE
Rs. 12499+GST
RENEWAL FEE
Rs. 12499+GST
BENEFITS
Unlimited Domestic & International Lounge access across Globe using Priority Pass.
REWARDS &CASHBACK
Complimentary 12 Month eazyDiner membership & 750 off on second movie Ticket on Bookmyshow.
Features & Benefits of Emeralde Private Metal Credit Card
Welcome Benefits
- Get 12,500 Bonus Reward points after successful paying the joining fee. You will also get this Bonus Reward points at the time of renewal fee payment as well.
- As a welcome benefits ICICI bank gives Complimentary Taj Epicure Membership for one year and EazyDiner prime membership.
Emeralde Reward Program
- Earn 6 Reward point on every ₹200 on retail spends.
- Earn 6 Reward point on every ₹200 on Education, Utilities and Grocery.
- The maximum Reward point you can earn on Education, Utilities and Grocery per statement is 1000 RP in each category.
- Earn 6 Reward point on every ₹200 on Insurance spend and maximum 5000 RP you can earn per statement.
- No Reward Points on wallet, Property management, rent, Govt. Institutions, fuel.
Airport Lounge Access
- ICICI Emeralde Private Metal Credit Card provide Priority pass to its primary as well as add-on card holder. You will get complimentary unlimited domestic & International lounge access for primary and add-on cardholder.
Golf Privileges
- ICICI Emeralde Private Metal Credit Card provide complimentary unlimited Golf games in India and select courses all around the world.
- In order to avail this benefits you need to book your slot through ICICI Concierge service.
Fuel Surcharge Waiver
- Get 1% Fuel surcharge waiver on all fuel transaction upto ₹4000 and maximum waiver is Rs.1000 per month. Note that you will not get any reward point on fuel spends.
Annual Benefits
- Annual fee that is ₹12,500 will be waived off on spending ₹10 lakh in previous year. If you do not meet the spending criteria then also don't worry because you will get 12500 reward point which is equivalent to the annual fee.
Membership Benefits
- Taj Epicure Membership : As a welcome benefits ICICI bank gives Complimentary Taj Epicure Membership for one year with complimentary a night stay. You will get 25% off on food and beverages for both dining and takeaway for maximum 10 person, 20% off on order made through Qmin app, 20% off on spa across Taj Hotels. You also get one time voucher with this membership which include - 20% off on Taj palaces on best available room, 20% off on Taj safari on best available room.
- EazyDiner Membership : Get upto 25 to 50% off at more than 2500+ restaurant s in Dubai and india.
Other Benefits
- Get 50% off on booking atleast two movie ticket on bookmyshow. Maximum discount is ₹750 two times in a month.
- Get 24 × 7 concierge services for like reservation at restaurant, flight/hotel booking, Gift, Car rentals, Booking movie tickets and many more
- You will charged 1% on rent transaction.
- You will be charged 1% on Education fee payment on third party app but no charges on direct payment on school website or POS.
- Get Insurance benefits like Air accident (upto ₹3 crore) , baggage Insurance (upto ₹25,000), Delay of checked-in baggage (upto ₹21,000), Loss of passport/Travel document (upto ₹35,000), Medical expenses due to rail road accident (upto ₹50,000), Loss of checked-in baggage (upto ₹84,000) and many more.
Reward Point Redemption
- The earned reward point can be redeemed for different categories like lifestyle product, movie voucher, Flight/Hotel, statement credit. The value of 1 Reward point = ₹ 1 for Flight/Hotel and certain popular brands. To maximize the value of reward points you must redeem in this categories only.
| Redemption category | Value of 1 Reward Point |
|---|---|
|
Flight and Hotel |
1 Reward Point = ₹1
|
|
Popular Brands : Apple, Tanishq, Tumi, Coach, Brooks Brothers, Armani, Jimmy Choo, G-Star Raw, Canali and Mother Care. |
1 Reward Point = ₹1 |
|
Reward Catalogue |
1 Reward Point = ₹0.6
|
|
Statement Credit |
1 Reward Point = ₹0.4 |
Fees & Charges
Foreign Currency Markup
- The card come with marginal foreign currency markup fee that is 2% of total transaction amount which is lower compared to other credit card in the market.
Finance Charges & Cash withdrawal Fee
- Interest rate is 1.99% per month that is approx 24% per annum. This is also very low compared to other credit card which is 3.5%.
- Cash withdrawal fee is NIL.
Eligibility Criteria
- You can get ICICI Emeralde Private Metal Credit Card by Invite only or you have high networth Income that is ITR should be greater than 40 lakh or having net salary between ₹2.5 to 3 lakh per month.
- Age should be in between 21-64 years.
- Final Thoughts
ICICI Emeralde Private Metal credit card is a super premium credit card with bunch of benefits. It provide 24*7 concierge services, unlimited golf session all around the world, unlimited lounge access in the world. This credit card fill all the need that anybody desire in the credit card. The card give cancellation cover upto ₹12,000 on Flight/Hotel booking, low forex markup fee. The earned reward can be used for flight and hotel booking on 1:1 ratio. If you look into the joining/annual fee there is no other credit card in the market that can compete with this card. Considering all the privileges and benefits, if you want luxurious lifestyle you should definitely go for this credit card.
- Frequently Asked Questions
How can I apply for ICICI Bank Emeralde Private Metal Credit Card?
This Credit Card you will get by invite only, talk with your relationship manager for more details and terms & condition.
Do I get both complimentary Domestic & International lounge access?
Yes, You will get unlimited lounges access for primary and add-on cardholder.
Does ICICI Emeralde Private Metal Credit Card have spend based annual fee waiver?
Yes, You need to spend ₹10lakh in previous year to get waived off the fees.
Does Taj Epicure membership renewed every year?
No, It is only for the first year as welcome benefit.