ICICI Bank Emeralde Private Metal Credit Card benefits
- Gift6
reward points per ₹200, worth up to ₹1 each on flight and hotel vouchers
- Fees12,500
bonus points every year after the ₹12,499 fee is paid, plus Taj Epicure and EazyDiner Prime memberships
- Lounge
Unlimited domestic and international lounge visits for primary and add-on cardholders
Good to know
- 2% forex markup and no late payment charge
- Annual fee reversed on spends of ₹10 lakh in the card year
ICICI Bank Emeralde Private Metal Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Bills and utilitiesUtility payments earn the normal rate, up to 1,000 points a statement cycle. Education payments have their own 1,000 point cap and insurance a 5,000 point cap. Government payments and taxes earn nothing. | 3 points per ₹100 | 1,000 |
| GroceriesGrocery spends earn the normal rate, up to 1,000 points a statement cycle. | 3 points per ₹100 | 1,000 |
| Everything else | 3 points per ₹100 | None |
We value one point at ₹1 in the usual redemption.
No rewards on: Fuel, rent, property management, government payments, tax payments, wallet loads and EMI transactions.
All reward rules
- ICICI Bank gives 6 reward points per ₹200, which is 3 points per ₹100.
- We use ₹1 per point, the value ICICI Bank states for flight and hotel vouchers and for vouchers from brands such as Apple, Tanishq and Tumi. Other catalogue products give ₹0.60 and statement credit gives ₹0.40, with up to 50,000 points a statement cycle against your bill.
- 12,500 bonus reward points each year, credited about 45 days after the joining or annual fee is paid. They are not in the maths.
- Milestone benefit not in the maths: EaseMyTrip travel vouchers worth up to ₹6,000 on yearly spends of ₹8 lakh.
- Reward points on transactions later converted to EMI are taken back.
- ICICI Bank's card page says the card comes on two networks, Visa and American Express, with the benefits of both.
What the ICICI Bank Emeralde Private Metal Credit Card gives back in a year
Say you spend ₹84,000 a month. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹8,400 | 3% | ₹3,024 |
| Dining and food delivery | ₹5,600 | 3% | ₹2,016 |
| Online shopping | ₹50,400 | 3% | ₹18,144 |
| Travel | ₹2,800 | 3% | ₹1,008 |
| Fuel | ₹2,800 | 0% | ₹0 |
| Bills and utilities | ₹5,600 | 3% | ₹2,016 |
| Everything else | ₹8,400 | 3% | ₹3,024 |
| Total | ₹84,000 | ₹29,232 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹29,232* |
On the same spending, the HSBC Premier Credit Card gives about the same.
ICICI Bank Emeralde Private Metal Credit Card annual fee and charges
- Joining fee
- ₹12,499
- Annual fee
- ₹12,499
- Fee waiver
- ₹10,00,000 a year
- Foreign currency markup
- 2%
Joining fee and annual fee ₹12,499 each, before GST. If you spend ₹10 lakh or more in a card year, ICICI Bank reverses that year's annual fee. EMI spends do not count. Add-on cards cost ₹3,500 each from 15 January 2026. There is no late payment charge and no fee to redeem points.
Fuel surcharge: 1% fuel surcharge waiver at all fuel pumps on transactions of up to ₹4,000, up to ₹1,000 a statement cycle.
ICICI Bank Emeralde Private Metal Credit Card eligibility
- Age
- 21 to 65
The card is by invitation only. Ask your ICICI Bank relationship manager. It is a relationship product: if you do not keep the minimum relationship value with the bank, ICICI Bank may downgrade or withdraw the card after notice.
The bank alone decides approval and your credit limit.
ICICI Bank Emeralde Private Metal Credit Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Lounge access has no fixed count. Primary and add-on cardholders get unlimited airport lounge visits in India, and unlimited visits outside India with a free Priority Pass membership.
Is the ICICI Bank Emeralde Private Metal Credit Card right for you?
A card with a ₹12,499 fee that spending can waive, paying an above-average 3% on most spends.
Worth its fee if you spend about ₹43,000 a month or more. Below that, the ₹12,499 fee costs more than the card gives back on spending like the example above.
Good for you if
- You want one flat rate: 3% back on most spends, with no categories to track.
- You spend ₹10,00,000 a year or more (about ₹83,400 a month), so the ₹12,499 renewal fee is waived.
- You pay in foreign currency, abroad or on foreign websites: the markup is 2%, against a typical 3.5% on the cards we list.
Not for you if
- You spend less than about ₹83,400 a month: you would pay ₹14,749 a year with GST.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to ICICI Bank Emeralde Private Metal Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| ICICI Bank Emeralde Private Metal Credit Card | ₹12,499 | 3% | -₹5,029* |
| HSBC Premier Credit Card | Free | 3% | ₹9,720* |
| BOBCARD ETERNA Credit Card | ₹2,499 | 3.75% | ₹7,470* |
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
How can I get the ICICI Emeralde Private Metal Credit Card?
It is by invitation only. ICICI Bank offers it to relationship customers, so ask your relationship manager. You need to keep a minimum relationship value with the bank to keep the card.
What is the value of Emeralde Private Metal reward points?
1 point is worth ₹1 on flight and hotel vouchers and on select brand vouchers such as Apple and Tanishq. It is worth ₹0.60 on other catalogue products and ₹0.40 as statement credit. There is no redemption fee on this card.
Is the Emeralde Private Metal annual fee worth paying?
The fee is ₹12,499 plus GST, and you get 12,500 bonus points each year, worth up to ₹12,500 on travel vouchers. The fee is also reversed if you spend ₹10 lakh in the card year.
Which spends earn no points on the Emeralde Private Metal card?
Fuel, rent, property management, government payments, tax, wallet loads and EMI spends earn nothing. Grocery, utility and education spends are capped at 1,000 points each a statement cycle, and insurance at 5,000.