Times Black ICICI Bank Credit Card by ICICI Bank — Credit Card Image
ICICI Bank Review Verified: 2026-08-12

Times Black ICICI Bank Credit Card

4.2 / 5.0 Rating
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#co-branded #premium #lifestyle #rewards

Fees

₹20,000 + Applicable Taxes

Joining & Annual

Reward Rate

3 reward points per ₹100 spent across all categories

Welcome Bonus

20,000 bonus reward points on making the first transaction within the first 30 days of card issuance

Lounge Access

Unlimited Domestic + International

FindMyCard Expert Take

Times Black by ICICI is built around milestone-based luxury stays and lifestyle perks rather than a high everyday earn rate: ₹10,000 to ₹20,000 in e-vouchers at Ayatana Resorts once you hit ₹5 lakh and ₹12 lakh in annual spend, plus zero-fee cash withdrawals and steeply discounted media subscriptions.

Pros & Cons

Key Advantages

  • High-value milestone rewards including luxury resort stays fully offsetting the annual fee
  • Ultra-low foreign currency markup fee of 1.49%
  • Access to select entertainment events and fine dining experiences
  • Absolute zero fee charged on credit card cash withdrawals
  • Premium international media platform subscriptions available for just ₹1

Limitations

  • Very high standard joining and annual fee barrier of ₹20,000
  • Extremely steep spending target of ₹25 Lakh required for an ongoing annual fee waiver
  • Rewards are most valuable if your spending lines up with the card's partner brands, less useful otherwise

Editorial Verdict

The Times Black ICICI Bank Credit Card is ideally suited for premium lifestyle experiences, luxury stay vouchers, and media subscriptions. If you want 3 reward points per ₹100 spent across all categories, this card delivers real value. The ₹20,000 + applicable taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good to Excellent (750+) credit to be approved.

Key Perks & Spending Milestones

3 reward points accrued for every ₹100 spent on all regular retail purchase lines

Accelerated reward options when tracking purchases or planning trips via the iShop platform

Access to exclusive luxury lifestyle packages and special discount parameters across premium global retail outlets

Chat-based personal assistant service through CribLife Lifestyle Management

Premium digital streaming and global publication subscriptions (GQ, Architectural Digest, Curiosity Stream, etc.) accessible for just ₹1

Exclusive complimentary entries to major marquee events like the legendary Times Food & Nightlife Awards

Access to the high-end Royal Table and Chefs Play private fine dining event series

VIP entry ticket benefits to international sports and entertainment events, including the Abu Dhabi Formula 1 Grand Prix

Absolute zero cash advance handling fees on global ATM cash withdrawals

International travel insurance included, with no added processing fees

1% fuel surcharge waiver shield covering retail petroleum transactions up to ₹4,000 (Capped at a maximum savings of ₹1,00,000 per month)

🚀 Milestone Spends Timeline

1
Milestone Level 1

Spend ₹5 Lakh annually: Receive an automated luxury stay e-voucher worth ₹10,000 from Ayatana Resorts

2
Milestone Level 2

Spend ₹12 Lakh annually: Receive an automated one-night premium luxury stay e-voucher worth ₹20,000 from Ayatana Resorts

3
Milestone Level 3

Spend ₹25 Lakh annually: Complete waiver/reversal of the ₹20,000 annual renewal fee for the subsequent cycle

Fees & Charging Rates

Annual Fee Waivers

₹20,000 + Applicable Taxes

💡 Annual fee waived on ₹25 Lakh annual spends

Regular Interest Charges

3.67% per month (44% per annum)

Credit Score & Income Required: Good to Excellent (750+)

📅 Late Payment Fee Penalty Tiers

up_to_100: Nil; 101_to_500: ₹100; 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

Fuel surcharge waiver: 1% cover capped at ₹1,00,000 per month on transactions up to ₹4,000; Travel insurance: Comprehensive structural coverage spanning global flight or hotel bookings

Eligibility Criteria

Invite-only credit card; not available for direct public application. ICICI Bank extends invitations based on income, spending pattern and existing relationship.

Compare Times Black ICICI Bank Credit Card With Similar Cards

Card Annual Fee Reward Rate Lounge Access Rating
Times Black ICICI Bank Credit Card This Card ₹20,000 + Applicable Taxes 3 reward points per ₹100 spent across all categories Unlimited Domestic + International 4.2/5
IDFC FIRST WOW! Credit Card Free 4 Reward Points per ₹200 spent (~0.50% return); Points never expire No Lounge Access 4.5/5
LIC Signature Credit Card Free 2 Reward Points per ₹100 on LIC premium payments & international... 8 Domestic/yr (2/Qtr) 4.5/5
SBI Card Pulse ₹1,499 + Taxes 10 Reward Points per ₹100 on dining, movies, sports, chemist &... 8 Domestic/yr + Priority Pass 4.4/5

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