1838 Reserve ICICI Bank Credit Card
ICICI Bank · Invite only
ICICI's invitation-only ₹1.75 lakh card with Times Internet: 3% back in reward points at home and 2% abroad, zero forex mark-up, 1.67% monthly interest, club memberships and a Lohono villa stay, with no lounge access and no fee waiver.
- Annual fee
- ₹1,75,000 + GST a year
- Joining fee
- ₹1,75,000 + GST
- Base rate
- Domestic spends, 3 points per ₹100: 3 ICICI Bank Reward Points per ₹100 (about 0.75% at cash value)
- Lounges
- None on record
- Forex markup
- 0%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel, rent, e-wallet loads, EMI or cash
Where the sources disagree
- Late payment charge: The product page says the late payment charge is nil; the general MITC's late-fee table (₹100 to ₹1,300) names Emeralde Private Metal as its only exception. We record nil.
Terms the calculator does not value
- ICICI gives no rupee value for a point on this card and states the rates as percentages; the calculator uses 3 and 2 points per ₹100 at the third-party ₹0.25, which may undervalue the card fourfold if ICICI's percentages assume ₹1 a point.
- Annual benefit vouchers are given in the app on payment of the annual fee, but the page does not list them, so no renewal credit is entered.
- Domestic and international lounge access is not available on this card (MITC).
- Groceries and IRCTC railway spends earn the card's rate under the overall caps the MITC sets for it (1,00,000 points a statement, and 90,000 for categories other than utilities, insurance, education and government); the MITC's separate grocery and transportation caps name other cards.
Sources
- 1838 Reserve ICICI Bank Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- General MITC for ICICI Bank credit cards (last updated 2026-11-06) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- How to redeem ICICI credit card reward points (CardInsider; third party, gives ₹0.25 a point) (Third-party site, read 20 Oct 2026)