ICICI Bank Emeralde Private Metal Credit Card
ICICI Bank · Invite only
ICICI's invitation-only metal card: 6 reward points per ₹200, unlimited lounge and golf access, a ₹12,500-point welcome gift and Taj Epicure Plus, with a 2% forex mark-up.
- Annual fee
- ₹12,499 + GST a year
- Joining fee
- ₹12,499 + GST
- Fee waiver
- Annual fee waived on ₹10,00,000 spend per card year
- Base rate
- Retail spends, 6 points per ₹200: 6 ICICI Bank Reward Points per ₹200 (about 0.75% at cash value)
- Lounges
- Domestic: unlimited visits a calendar year; International: unlimited visits a calendar year
- Forex markup
- 2%
- Data
- From bank documents, checked 24 Oct 2026
Earns nothing on
- No points on rent, fuel, government and tax payments, or wallets
- No points on cash or EMI
Where the sources disagree
- Annual fee waiver timing: The product page says spend over ₹10 lakh waives the next year's fee. The MITC footnote says spends of ₹10,00,000 or more reverse the same year's fee at the end of the anniversary year. We use the MITC.
- An Amex version of this card: A third-party lounge page lists an Amex version. The official page names Mastercard only, so only Mastercard is entered.
Terms the calculator does not value
- ICICI gives only a ceiling ("upto Re 1" a point) for this card, not the value of a normal redemption. The calculator uses the third-party figure of ₹0.25, so every points-based number on this card moves with it and could be up to four times higher.
- IRCTC and other transportation spends (MCCs 4111, 4112, 4784, 4131) are not capped on this card. The 2026-02-01 transportation cap of ₹20,000 a statement is listed against "Rubyx, Sapphiro, Emeralde and Emeralde Private", and the MITC treats "Emeralde Private" as a different card from this one: it lists "Emeralde Private Metal Credit Card, Emeralde Private Credit Card and Emeralde Credit Card" side by side and calls the other "ICICI Bank Emeralde Private Credit Card (Non-Metal)". This card has its own cap list ("For Emeralde Private Metal Credit Card, Reward Points accrued will be capped for certain MCCs given below": grocery, education, insurance, utility), with no transportation line. So IRCTC earns the base rate with no cap. A small residual doubt remains, since the MITC does not say so in words.
- The card's own late-fee rule is not known: the product page says Nil and the MITC table excludes the card without giving another rule. Nil is recorded.
- A relationship value must be kept with ICICI Bank, otherwise the card or its benefits may be withdrawn. The amount is not stated.
- Welcome Taj Epicure Plus and EazyDiner Prime memberships carry no rupee value on the page and are not valued. The EaseMyTrip vouchers are valued at the "up to" figure.
- The ₹8 lakh voucher milestone is not issued in a year in which the annual fee is reversed on spends (₹10 lakh), so above ₹10 lakh a member gets one or the other, not both.
- Rounding of points and the minimum spend are not stated. The ₹25 plus GST fee for redemptions at partner brands is not applied.
Sources
- ICICI Bank Emeralde Private Metal Credit Card product page (Product page, the bank's own, read 20 Oct 2026)
- General MITC for ICICI Bank credit cards (last updated 2026-10-09) (Most important terms (MITC), the bank's own, read 20 Oct 2026)
- Upcoming changes to credit card features and charges (Bank notice, the bank's own, read 20 Oct 2026)
- Third-party lounge access page listing an Amex version (savesage.club; unverified) (Third-party site, read 20 Oct 2026)
- Emeralde Private Metal reward points and milestone benefits page (archived copy) (Product page, the bank's own, read 20 Oct 2026)
- How to redeem ICICI credit card reward points (CardInsider; third party, gives ₹0.25 a point) (Third-party site, read 20 Oct 2026)