ICICI Bank Sapphiro Credit Card
Fees
Joining ₹6,500 + Taxes
Annual ₹3,500 + Taxes
Reward Rate
2 Reward Points per ₹100 on domestic spends; 4 points per ₹100 on international spends
Welcome Bonus
Up to ₹9,000 in welcome vouchers + 4,000 Reward Points on ₹4 Lakh spend
Lounge Access
4 Domestic/Qtr + 2 International/yr (₹75K Spend)
FindMyCard Expert Take
The ICICI Bank Sapphiro Credit Card from ICICI Bank offers Luxury Gemstone Privileges & BOGO Movies with an annual fee of ₹6,500 + Taxes.
Pros & Cons
Key Advantages
- Complimentary golf: 1 round per ₹50,000 monthly spend, up to 48 rounds/year
- 4 domestic lounge visits/quarter + 2 international visits/year
- Up to ₹9,000 in welcome vouchers on joining
- Fee waiver threshold (Annual fee waived on ₹6 Lakh annual retail spends)
Limitations
- Lounge access requires ₹75,000 spend in the preceding quarter
- Reward points redeem at a modest ₹0.25 per point
- ₹6,500 joining fee is high relative to the ₹3,500 renewal fee
Editorial Verdict
The ICICI Bank Sapphiro Credit Card is ideally suited for luxury gemstone privileges & bogo movies. If you want 2 reward points per ₹100 on domestic spends; 4 points per ₹100 on international spends, this card delivers real value. The ₹3,500 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated earn rate on premium purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Annual fee waived on ₹6 Lakh annual retail spends
Fees & Charging Rates
Annual Fee Waivers
₹3,500 + Taxes
💡 Annual fee waived on ₹6 Lakh annual retail spends
Regular Interest Charges
3.6% per month (43.2% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare ICICI Bank Sapphiro Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| ICICI Bank Sapphiro Credit Card This Card | ₹3,500 + Taxes | 2 Reward Points per ₹100 on domestic spends; 4 points per ₹100 on... | 4 Domestic/Qtr + 2 International/yr (₹75K Spend) | 4.7/5 |
| Axis Bank Reserve Credit Card | ₹50,000 + Taxes | 15 EDGE points per ₹200 domestic spend; 30 EDGE points per ₹200... | Unlimited + 12 Guest Visits/yr | 4.9/5 |
| IDFC FIRST Diamond Reserve Credit Card | ₹3,000 + Taxes | Up to 60 points per ₹150 on hotel bookings (10% value-back) and 40... | 8 Domestic + 8 International/yr (₹20K Spend) | 4.9/5 |
| SBI Aurum Card | ₹9,999 + Taxes | 4 Reward Points per ₹100 on all spends (1% base); up to 3.7%... | 4 Domestic/Qtr + Unlimited International | 4.8/5 |