M16S / ICICI Bank / ICICI Business Advantage Black Credit Card
mid · business, cashback
ICICI Business Advantage Black Credit Card
The ICICI Business Advantage Black Credit Card costs Rs 1,000 a year, waived if you spend Rs 7,50,000 in a year. Its base return is 1%. Lounge visits in India: 2 per quarter at select lounges. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,000+ GST
- Fee waived at
- Rs 7,50,000annual spend
- Base return
- 1%
- Forex markup
- —
- Interest
- 3.75%a month
Apply on icici.bank.inOpens the bank’s own page.
What changed on this card
- ICICI cards lose air accident cover and INOX, fees rise, Dec 2026
From 15 December 2026, ICICI Bank ends air accident cover on 7 cards, CFAR cover on 4 and the INOX benefit on 9. Card replacement goes to Rs 300 plus GST from 11 December.
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 1,500 |
|---|---|
| Annual fee | Rs 1,000 |
| Annual spend that waives the fee | Rs 7,50,000 |
| Fee notes | Joining fee refunded on Rs 75,000 spend within 60 days of issuance. |
Rewards
| Reward currency | Cashback |
|---|---|
| Base earn | Up to 0.5% domestic on monthly spend of Rs 25,000-75,000; up to 1% above Rs 75,000 |
| Base return | 1% |
| Point value | Cashback in rupees |
| Accelerated earn | Up to 1% on international spend; extra 0.20% of total amount due if paid via ICICI Corporate Net Banking within 7 days of statement |
| Caps | Rs 2,000 cashback a month |
| Spends that earn nothing | Fuel, utility, cash, insurance, government and tax, education, fees and interest |
| Reward notes | base_return_pct = 1% best case (monthly spend above Rs 75,000, within the monthly cap). No rate stated for monthly spend under Rs 25,000. |
Travel and perks
| Domestic lounge | 2 per quarter at select lounges |
|---|---|
| Lounge conditions | Spend condition not stated on page |
| Other freebies | Personal air accident cover up to Rs 75 lakh; concierge |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Eligibility | Owner or manager of a registered business or professional practice in India with a stable financial record |
| Fine-print notes | Business card MITC PDF is blocked to automated readers; late fee, cash advance fee and forex markup not confirmed for business cards. Low monthly cap limits the effective return on larger spends. |
Questions
- What is the annual fee of the ICICI Business Advantage Black Credit Card?
- Rs 1,000 a year, before GST. It is waived if you spend Rs 7,50,000 in a year.
- Does the ICICI Business Advantage Black Credit Card give airport lounge access?
- Yes. In India: 2 per quarter at select lounges. Outside India: none listed. Conditions: Spend condition not stated on page
- Which spends earn no rewards on the ICICI Business Advantage Black Credit Card?
- Fuel, utility, cash, insurance, government and tax, education, fees and interest