The ICICI Bank Sapphiro Credit Card ranks as the bank’s second most premium offering, right after the ICICI Emeralde Private Credit Card. Priced at an annual fee of Rs. 6,500, the Sapphiro Card provides a wealth of privileges, attractive offers, and user-friendly features. It is available in three variants: the ICICI Bank Sapphiro AmEx Credit Card, the ICICI Bank Sapphiro Visa Credit Card, and the Mastercard variant. This card is particularly advantageous for frequent travelers and those looking for maximum savings, entertainment perks, and numerous other benefits.
ICICI Bank ensures a strong start with this card by offering exclusive welcome benefits that surpass the joining fee. Cardholders earn rewards on nearly every purchase, whether for domestic or international spending, utility bill payments, fuel purchases, or other transactions. The Sapphiro Credit Card is packed with exciting features designed to enhance your spending experience. Continue reading for detailed information about this card.
ICICI Bank Sapphiro Credit Card Overview
| Feature | Details |
|---|---|
| Card Type | Premium Credit Card |
| Reward Rate | Up to 4 Reward Points per ₹100 spent |
| Reward Value | 1 Reward Point = ₹0.25 |
| Annual Fee | ₹6,500 + GST (first year), ₹3,500 + GST (second year onwards) |
| Unique Selling Points | Airport lounge access, golf privileges, insurance coverage |
| Rating (out of 5) | 4.7 |
Welcome Benefits for ICICI Bank Sapphiro Credit Card
| Welcome Benefit | Details |
|---|---|
| Gift Vouchers | Shopping vouchers worth ₹3,000 from premium brands |
| Additional Benefits | 20,000 Reward Points on annual spending |
Joining Fees for ICICI Bank Sapphiro Credit Card
| Fee Type | Details |
|---|---|
| Joining Fee | ₹6,500 + GST |
| Renewal Fee | ₹3,500 + GST |
| Finance Charges | 3.4% per month (40.8% per annum) |
| Late Payment Fee | ₹100 to ₹1,300 based on the outstanding balance |
| Foreign Transaction Fee | 3.5% |
Utility Payment Charges for ICICI Bank Sapphiro Credit Card
| Payment Type | Charges |
|---|---|
| Rent Payment | 1% fee using third-party apps like CRED, Paytm |
| Education | 1% fee using third-party apps |
| Utilities | No additional charges |
Membership Benefits of ICICI Bank Sapphiro Credit Card
The ICICI Bank Sapphiro Credit Card offers a variety of premium benefits:
- Travel Benefits: Complimentary airport lounge access with DreamFolks membership; 2 international and 8 domestic visits per year.
- Dining and Entertainment: Buy one get one free offer on movie tickets via BookMyShow.
- Golf Benefits: Up to 4 complimentary rounds/lessons per month, subject to spending ₹50,000 in the previous month.
- Insurance Coverage: Personal air accident cover of ₹3 crore, lost baggage insurance, and more.
- Concierge Services: 24×7 assistance for travel bookings, dining reservations, and more.
Rewards from ICICI Bank Sapphiro Credit Card
| Spend Category | Reward Rate |
|---|---|
| Domestic Spends | 2 Reward Points per ₹100 spent |
| International Spends | 4 Reward Points per ₹100 spent |
| Utilities and Insurance | 1 Reward Point per ₹100 spent |
| Fuel Spends | No rewards |
| Reward Value | 1 Reward Point = ₹0.25 |
| Rewards Expire in | Do not expire |
Milestone Benefits of ICICI Bank Sapphiro Credit Card
| Spending Milestone | Reward Earned |
|---|---|
| ₹4 lakh annual spend | 4,000 Reward Points |
| Every additional ₹1 lakh | 2,000 Reward Points |
| Maximum Bonus Points | 20,000 Reward Points annually |
Redemption of ICICI Bank Sapphiro Credit Card Points
Cardholders can redeem their reward points through various channels:
- Cashback: Redeem points against your card’s statement balance.
- Gifts: Choose from a wide range of products in the ICICI rewards catalog.
Gift Vouchers Available
| Category | Brands |
|---|---|
| Shopping | Myntra, Amazon, Pantaloons, Levi’s, Lifestyle, Shoppers Stop |
| Electronics | Croma |
| OTA | MakeMyTrip, EaseMyTrip |
| Hotels | Oberoi Hotels, Taj Hotels, ITC Hotels |
| Cabs | Uber, Ola |
| Airline | Vistara, IndiGo, SpiceJet |
| Luxury Brands | Neiman Marcus, Gucci, Louis Vuitton |
| Merchandise | Apple, Samsung |
Airport Lounge Access with ICICI Bank Sapphiro Credit Card
| Access Type | Details |
|---|---|
| Domestic Lounges | 4 complimentary visits per quarter |
| International Lounges | 2 complimentary visits per year with DreamFolks |
| Add-on Cardholder Benefits | Same benefits as primary cardholder |
Airport Transfers with ICICI Bank Sapphiro Credit Card
The ICICI Bank Sapphiro Credit Card offers discounted luxury airport transfer services, providing convenience and comfort for frequent travelers. This service requires prior booking through the ICICI Bank concierge.
Forex Markup Fee for ICICI Bank Sapphiro Credit Card
| Fee Type | Details |
|---|---|
| Forex Markup Fee | 3.5% on all international transactions |
Eligibility for ICICI Bank Sapphiro Credit Card
To apply for the ICICI Bank Sapphiro Credit Card, applicants must meet the following criteria:
- Age: 21 to 65 years old
- Income: Stable source of income
- Credit Score: Decent credit score (750 or above)
How to Apply for the ICICI Bank Sapphiro Credit Card
Applying for the ICICI Bank Sapphiro Credit Card is straightforward:
- Online Application:
- Visit the ICICI Bank website.
- Click on the “Apply Now” button and fill out the required personal and financial information.
- Submit the necessary documents online as per the instructions.
- Offline Application:
- Visit the nearest ICICI Bank branch.
- Request an application form for the ICICI Bank Sapphiro Credit Card.
- Fill out the form with accurate details and attach the required documents.
- Submit the form at the branch and await approval.
Card Review: ICICI Bank Sapphiro Credit Card
The ICICI Bank Sapphiro Credit Card is an excellent choice for individuals seeking premium benefits across various categories. With extensive travel benefits, high reward rates, and a multitude of lifestyle perks, it offers substantial value for those who demand the best in credit card benefits.
Rating: 4.7
- Overall Rating: 4.7
- Benefits: 4.8
- Fees: 4.5
- Customer Service: 4.7
Pros and Cons of ICICI Bank Sapphiro Credit Card
Advantages of the Credit Card:
- Extensive travel benefits, including global lounge access.
- High reward rates on international spends.
- Comprehensive insurance and concierge services.
Potential Drawbacks:
- High annual fee of ₹6,500 + GST in the first year.
- Moderate reward rate on domestic spends.
Similar Cards to ICICI Sapphiro Credit Card
| Feature | ICICI Bank Sapphiro Credit Card | HDFC Regalia Credit Card | SBI Elite Credit Card | Axis Magnus Credit Card |
|---|---|---|---|---|
| Annual Fee | ₹6,500 + GST (first year) | ₹2,500 + GST | ₹4,999 + GST | ₹10,000 + GST |
| Lounge Access | 2 international, 8 domestic | Unlimited lounge access | 6 domestic, 2 international | Unlimited domestic and international |
| Reward Rate | 2-4 Reward Points per ₹100 spent | 4 reward points per ₹150 spent | 2 reward points per ₹100 spent | 12 EDGE reward points per ₹200 spent |
| Reward Value | 1 point = ₹0.25 | 1 point = ₹0.50 | 1 point = ₹0.25 | 1 EDGE point = ₹0.20 |
| Special Benefits | Golf, insurance, concierge | High reward rates, exclusive benefits | Complimentary movie tickets, club memberships | Travel vouchers, dining discounts |
Relevant Links
To help our readers navigate our website and find additional relevant content, here are some internal links you might find useful:
- Best Premium Credit Cards in India
- Top 10 Best Travel Credit Cards in India 2024
- How to Maximize Credit Card Rewards
- ICICI Credit Cards Overview
For more detailed information about ICICI Bank credit cards and other financial products, you can visit the official ICICI Bank website.
FAQ
Q: What is the annual fee for the ICICI Bank Sapphiro Credit Card? A: The annual fee for the ICICI Bank Sapphiro Credit Card is ₹6,500 + GST for the first year and ₹3,500 + GST from the second year onwards.
Q: How can I earn reward points with the ICICI Bank Sapphiro Credit Card? A: You can earn 4 Reward Points for every ₹100 spent on international transactions, 2 Reward Points per ₹100 spent on domestic transactions (except fuel), and 1 Reward Point per ₹100 spent on utilities and insurance.
Q: Does the ICICI Bank Sapphiro Credit Card offer lounge access? A: Yes, the card offers 2 complimentary international lounge visits per year through the DreamFolks program and 8 complimentary domestic lounge visits per year (4 visits per quarter).
Q: What is the forex markup fee for international transactions? A: The forex markup fee for international transactions is 3.5%.
Q: Are there any milestone benefits with the ICICI Bank Sapphiro Credit Card? A: Yes, you can earn 4,000 Reward Points on spending ₹4 lakh in a membership year and 2,000 Reward Points for every additional ₹1 lakh spent thereafter, with a maximum of 20,000 bonus Reward Points per year.
Q: How do I apply for the ICICI Bank Sapphiro Credit Card? A: You can apply for the ICICI Bank Sapphiro Credit Card online through the ICICI Bank website or offline by visiting the nearest ICICI Bank branch.
Standard Chartered Ultimate Credit Card Features & Benefits
Benefits of Standard Chartered Ultimate Credit Card. Learn about its rewards, features and benefits, lounge access. Perfect for luxury seekers!
Product Brand: Card Review
4.7
Pros
- Unlimited complimentary access to domestic and international airport lounges.
- High reward rate of 5 points for every ₹150 spent.
- Comprehensive travel insurance and concierge services.
- Complimentary access to select golf courses and exclusive golfing events.
- 5% cashback on duty-free transactions.
- Lowest forex markup fee of 2%.
Cons
- High annual fee of ₹5,000 + GST.
- Limited Voucher Options.
- No milestone benefits.
Standard Chartered Ultimate Credit Card Features & Benefits
Benefits of Standard Chartered Ultimate Credit Card. Learn about its rewards, features and benefits, lounge access. Perfect for luxury seekers!
Product Brand: Card Review
4.7
Pros
- Unlimited complimentary access to domestic and international airport lounges.
- High reward rate of 5 points for every ₹150 spent.
- Comprehensive travel insurance and concierge services.
- Complimentary access to select golf courses and exclusive golfing events.
- 5% cashback on duty-free transactions.
- Lowest forex markup fee of 2%.
Cons
- High annual fee of ₹5,000 + GST.
- Limited Voucher Options.
- No milestone benefits.
