What is the annual fee of the ICICI Emeralde Private Credit Card?

Rs 12,000 a year, before GST. It is waived if you spend Rs 10,00,000 in a year.

What is the forex markup on the ICICI Emeralde Private Credit Card?

2% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the ICICI Emeralde Private Credit Card?

No points on fuel, rent (MCC 6513), e-wallet loads, cash; EMI and fees excluded. Government payments treated as utility.

M16S / ICICI Bank / ICICI Emeralde Private Credit Card

super-premium · rewards, travel

ICICI Emeralde Private Credit Card

ICICI BankLast checked 11 Oct 2026closed to new applicants fees only

The ICICI Emeralde Private Credit Card costs Rs 12,000 a year, waived if you spend Rs 10,00,000 in a year. The forex markup is 2%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee: Rs 12,000+ GST
Fee waived at: Rs 10,00,000annual spend
Base return: —
Forex markup: 2%
Interest: 3.75%a month

What changed on this card

6 Nov 2026 · takes effect 11 Dec 2026 CutICICI 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 12,000
Annual fee	Rs 12,000
Annual spend that waives the fee	Rs 10,00,000
Fee notes	Fees from MITC. Add-on free. No cash advance fee.

Rewards

Reward currency	ICICI Bank Reward Points
Caps	Per statement cycle, points accrue only on the first Rs 80,000 of utility spend, Rs 80,000 of insurance spend, Rs 40,000 of grocery spend and (from 1 Feb 2026) Rs 20,000 of transportation spend.
Spends that earn nothing	No points on fuel, rent (MCC 6513), e-wallet loads, cash; EMI and fees excluded. Government payments treated as utility.
Points expiry	3 years from issuance

Travel and perks

Lounge conditions	Exempt from the Rs 75,000 quarterly spend rule (MITC)
Forex markup	2%

Charges and eligibility

Interest per month	3.75%
Late payment fee	Nil <Rs 100; Rs 100 (Rs 100-500); Rs 500 (Rs 501-1,000); Rs 600 (Rs 1,001-5,000); Rs 750 (Rs 5,001-10,000); Rs 900 (Rs 10,001-25,000); Rs 1,100 (Rs 25,001-50,000); Rs 1,300 (>Rs 50,000)
Cash advance fee	Nil
Fine-print notes	Legacy private-banking variant still in the MITC; no current product page found. Status inferred. Bank-wide transaction fees (MITC): 1% on rent; 1% on fuel txns above Rs 10,000; 1% on utility txns above Rs 50,000; 1% on transportation above Rs 50,000; 1% on education paid via third-party apps; 1% on wallet loads of Rs 5,000+; 2% on skill-based gaming. DCC fee on INR transactions abroad equals the card's forex markup from 15 Jan 2026. Fee-waiver spend excludes rent, government and education payments; a fee reversal forfeits annual gifts.

Questions

What is the annual fee of the ICICI Emeralde Private Credit Card?: Rs 12,000 a year, before GST. It is waived if you spend Rs 10,00,000 in a year.
What is the forex markup on the ICICI Emeralde Private Credit Card?: 2% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the ICICI Emeralde Private Credit Card?: No points on fuel, rent (MCC 6513), e-wallet loads, cash; EMI and fees excluded. Government payments treated as utility.