ICICI Bank Business American Express Ascent Credit Card
ICICI Bank · Open to apply
ICICI's American Express business card: 4 reward points per ₹200 on airline and dining spends and 3 on others, 3,000 points on the first month's bill and 2,000 on each fee payment, with Amex lifestyle offers. ₹2,000 joining, ₹1,500 a year.
- Annual fee
- ₹1,500 + GST a year
- Joining fee
- ₹2,000 + GST
- Fee waiver
- Annual fee waived on ₹7,50,000 spend per card year
- Base rate
- Other spends, 3 points per ₹200: 3 ICICI Bank Reward Points per ₹200 (about 0.38% at cash value)
- Lounges
- Domestic: 2 visits a calendar quarter
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- Airline and dining spends, 4 points per ₹200: 4 ICICI Bank Reward Points per ₹200 (about 0.5% at cash value)
Terms the calculator does not value
- ICICI publishes no rupee value per reward point; the calculator uses the third-party ₹0.25.
- Utilities, insurance, groceries and IRCTC railway spends earn the base rate: the consumer MITC's capping tables do not apply to this business card, and the business MITC sets no category cap.
- The page lists no exclusions for reward points and the business MITC names none; cash and other standard exclusions are not entered as rules.
Sources
- ICICI Bank Business American Express Ascent Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- Business Cards MITC (2026-10-14) (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)