ICICI Bank Corporate Sapphiro Forex Prepaid Card

ICICI Bank · prepaid forex card · Open to buy

ICICI Bank's premium forex card for business travellers: a ₹2,999 joining fee, zero cross-currency markup, three free ATM withdrawals a month and two lounge visits.

Currencies
15 currencies: USD, GBP, EUR, CAD, AUD, SGD, AED, CHF, JPY, SEK, ZAR, SAR, THB, NZD, HKD
Cross-currency markup
0%
Issuance
₹2,999 once
ATM withdrawal
USD 2, EUR 1.5, GBP 1.5
Valid for
6 years
Data
From bank documents, checked 6 Nov 2026

Where the sources disagree

  • Cross-currency mark-up: The card page says "Zero cross currency mark up"; the shared schedule of charges (applicable from 1 May 2024) says "Cross Currency Fee: 3.5% + GST (applicable for all transaction types)" and the T&C add 3.5% to the conversion rate. We enter the card page's 0%.
  • Validity: The page's FAQ speaks of "the five-year validity period of the Card"; the T&C give 72 months (6 years) from the "Valid from" date. We enter the T&C's 6 years.

Not in these numbers

  • The exchange rate the card is loaded and refunded at is ICICI's rate on the day; no margin over a market rate is published, so the comparison leaves it out.
  • The page does not say what the "comprehensive" insurance cover of up to ₹5 lakh includes.
  • The T&C give every cardholder ICICI Lombard comprehensive travel and air accident cover, and the insurance policy page lists amounts for ICICI Bank Forex Prepaid Card customers; this card's page lists only the "comprehensive" cover of up to ₹5 lakh, so the policy amounts are not entered.
  • The page is silent on the schedule's 2.5% wallet-to-wallet fee and on the 1% uncapped-ATM fee; both are entered from the schedule, which covers all ICICI forex prepaid cards.

Sources

Compare every forex card