What is the annual fee of the ICICI NRI Sapphiro Credit Card?

Rs 3,500 a year, before GST. It is waived if you spend Rs 6,00,000 in a year.

Does the ICICI NRI Sapphiro Credit Card give airport lounge access?

Yes. In India: 4 per quarter. Outside India: none listed. Conditions: Spend of Rs 75,000 in the preceding calendar quarter unlocks access for the next quarter (rent, government, education, EMI spends excluded). Primary cardholder only. Rs 2 authorisation at entry.

What is the forex markup on the ICICI NRI Sapphiro Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the ICICI NRI Sapphiro 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 NRI Sapphiro Credit Card

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ICICI NRI Sapphiro Credit Card

ICICI BankLast checked 11 Oct 2026fees only

The ICICI NRI Sapphiro Credit Card costs Rs 3,500 a year, waived if you spend Rs 6,00,000 in a year. The forex markup is 3.5%. Lounge visits in India: 4 per quarter. Read from the issuer's own documents on 11 Oct 2026.

ICICI NRI Sapphiro Credit Card card design — Card design: icici.bank.in

Annual fee: Rs 3,500+ GST
Fee waived at: Rs 6,00,000annual spend
Base return: —
Forex markup: 3.5%
Interest: 3.75%a month

Apply on icici.bank.inOpens the bank’s own page.

Fees

Joining fee	Rs 6,500
Annual fee	Rs 3,500
Annual spend that waives the fee	Rs 6,00,000
Fee notes	Fees from MITC. Add-on Rs 199.

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

Domestic lounge	4 per quarter
Lounge conditions	Spend of Rs 75,000 in the preceding calendar quarter unlocks access for the next quarter (rent, government, education, EMI spends excluded). Primary cardholder only. Rs 2 authorisation at entry.
Forex markup	3.5%
Other freebies	Golf: up to 4 rounds a month, 1 per Rs 50,000 spend

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	2.5% min Rs 500
Eligibility	NRIs with an NRE/NRO account, stable income, good credit history
Fine-print notes	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 NRI Sapphiro Credit Card?: Rs 3,500 a year, before GST. It is waived if you spend Rs 6,00,000 in a year.
Does the ICICI NRI Sapphiro Credit Card give airport lounge access?: Yes. In India: 4 per quarter. Outside India: none listed. Conditions: Spend of Rs 75,000 in the preceding calendar quarter unlocks access for the next quarter (rent, government, education, EMI spends excluded). Primary cardholder only. Rs 2 authorisation at entry.
What is the forex markup on the ICICI NRI Sapphiro Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the ICICI NRI Sapphiro Credit Card?: No points on fuel, rent (MCC 6513), e-wallet loads, cash; EMI and fees excluded. Government payments treated as utility.