ICICI Bank Sapphiro Credit Card
ICICI Bank Sapphiro Credit Card is for high spender individuals who need combination of benefits in reward and lifestyle. On card activation it give worth of ₹9,000 as welcome benefits, accelerated reward points on International spends and also on achieving milestone criteria which can be used for redemption on different categories like travel, shopping, lifestyle and many more. Apart from these you will also get Buy 1 Get 1 movie ticket, complimentary domestic and International lounge access, dining discount, free golf, Insurance coverage and many more thing. read to know more about this credit card.
JOINING FEE
Rs. 6500+GST
RENEWAL FEE
Rs. 3500+GST
BENEFITS
4 complimentary domestic lounge access per quarter and 2 complimentary international lounge access per year.
REWARDS &CASHBACK
2 RPs on Domestic Spends, 4 RP on International Spends and 1 RP on Utilities & Insurance.
Features & Benefits of ICICI Bank Sapphiro Credit Card
Welcome Benefits
- You will get different brand voucher as welcome benefits after 45 days of card activation.
| Brand Voucher | Value of Voucher |
|---|---|
|
EaseMyTrip Voucher |
₹4000
|
|
Tata CliQ Voucher |
₹3000 |
|
Croma Voucher |
₹1500
|
|
Uber Voucher |
₹1000 |
Reward Program
- Earn 4 Reward point for every ₹100 spent on International transaction.
- Earn 2 Reward point for every ₹100 spent on domestic transaction.
- Earn 1 Reward point for every ₹100 spent on utilities and Insurance.
- No Reward Points on wallet, Cash, Rent, Education, Govt. Institutions, fuel.
Travel Benefits
- Get complimentary 12 domestic lounge access per quarter for primary card holder via visa/Amex/mastercard/Rupay.
- Get complimentary 2 International lounge access per year for only primary cardholder through priority pass.
- Four complimentary domestic lounge can only be access, if you had spend ₹75,000 in previous quarter.
Fuel Surcharge Waiver
- Get 1% Fuel surcharge waiver on all fuel transaction upto Rs.4000.
Annual Benefits
- Annual fee that is ₹3500+GST will be waived off on spending ₹6 lakh in previous year.
Milestone Benefits
- With your ICICI Bank sapphiro credit card you can earn 4000 Reward point on spending ₹4 lakh in anniversary year and after that you will earn 2000 Reward point on spending ₹1 lakh. Maximum you can earn 20,000 Reward point in a year.
Movie and Dining Benefits
- Get 50% off on booking atleast two movie ticket on bookmyshow. Maximum discount is ₹500 two times in a month.
- Get minimum 15% off on dining bill under ICICI Bank culinary treat program.
Golf Privileges
- Get complimentary 1 golf round/lesson per month on spend of ₹50,000 in previous month and maximum 4 gold round can be availed in a month.
- To get golf lesson you need to register your emeralde card on Golftripz website.
Other Benefits
- 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.
Fees & Charges
Foreign Currency Markup
- The card come with high foreign currency markup fee that is 3.5% of total transaction amount. So if you are looking of any international travel & transaction credit card you can choose other cards that have zero or very less markup fee.
Finance Charges & Cash withdrawal Fee
- Interest rate is 3.75% per month that is approx 45% per annum.
- Cash withdawal fee is min Rs.500 upto 2.5% of cash withdrawal amount.
Eligibility Criteria
- The applicant age must be 21-60 years for salaried employee and 25-65 years for self employed and he/she should be resident of India.
- The individual must have stable source of income and good credit score atleast 750+.
- Pros & Cons
Pros
- Upto 16 domestic lounge access and 2 International lounge access in a year.
- ₹12,000 annual saving on Movie ticket.
- Upto ₹9500 worth of welcome benefits.
Cons
- Very low reward rate.
- Spend based criteria for domestic lounge access.
- Low reward rate redemption value.
- Final Thoughts
ICICI Bank sapphiro credit card provide different categories of benefits like movie, dining, travel, reward, golf, shopping, etc. The card is good for high net worth individuals because the more you spend, the more reward and benefits you get, you need to spend ₹75,000 in previous quarter to access domestic lounge, after spending ₹4 lakh in year you will get 4000 reward point. The card comes with high joining fee which offset by welcome benefits and from next year onward it charge ₹3,500+GST but still if you look into the renewal fee the reward rate is not that attractive. Overall good credit card but if you are getting LTF then definitely go for this.
- Frequently Asked Questions
Do I get both complimentary Domestic & International lounge access?
Yes, You will get 16 complimentary domestic and 2 International lounges access in a year for primary cardholder.
Does ICICI Bank Sapphiro Credit Card have spend based annual fee waiver?
Yes, You need to spend ₹6 lakh in previous year to get waived off the fees.
What is ICICI Bank Credit Card customer care number?
The ICICI Bank Credit Card Customer care number is 1860 120 7777 .