ICICI Bank Emirates Emeralde Credit Card

Redemption value

• Reward Handling Fee: ₹99 (Hand-picked Rewards Scheme), ₹99 (ICICI Bank Rewards Scheme).
• ₹25 for online and in-store redemptions at Online Partner Brands.
• Reward points have expiry of 36 months from the date of issuance.

Verified · mitc · 2026-08-20 · source

Reward exclusion

Verified · mitc · 2026-08-20 · source

Lounge access

• Unlimited complimentary domestic & international lounge access, and complimentary Emirates Skywards Silver Tier membership.
• All other features remain unchanged.

Verified · mitc · 2026-08-20 · source

Welcome benefit

Complimentary Emirates Skywards Silver Tier membership.

Verified · mitc · 2026-08-20 · source

Insurance

• Purchase Protection: cover against Standard Fire and Allied perils and Burglary in residential premises.
• Valid for 90 days from date of purchase.
• Claim to be intimated within 30 days of date of loss.
• Geographical Limits - Indian Territory (jewellery, perishable items and movable electronics like Mobile, tablets, Laptops not covered).
• Baggage Insurance: covers loss or damage to Baggage due to accident or misfortune whilst on journey within India up to sum insured.
• Damage or loss to be reported to police within 24 hours (cash and jewellery excluded).

Verified · insurance · 2026-08-20 · source

Milestone benefit

• Upon achieving the annual spends milestone of 15 lakh, of which 50,000 must be spent with Emirates on flights booked via emirates.com or the Emirates Contact Centre within the anniversary year, the Emirates Skywards Gold tier membership will be active upon payment of the annual fee in the subsequent year.
• BookMyShow offer: enjoy the BookMyShow offer by spending ₹25,000 or more in the preceding quarter (w.e.f. Jan 15, 2026).

Verified · mitc · 2026-08-20 · source

Forex markup

• Markup of 3.50% (foreign currency transactions).
• A refund initiated by the customer on similar Foreign Currency transactions will also attract a 3.5% Mark-up fee.

Verified · mitc · 2026-08-20 · source

Charge

• Finance charges: 3.75% per month i.e. 45% per annum (w.e.f. Nov 15, 2024).
• Cash advance transaction fee: 2.5% on advanced amount, subject to minimum of ₹500.
• Card replacement fee: ₹100 for all cards.
• Dynamic Currency Conversion Fee: 3.5% (w.e.f. Jan 15, 2026) on transactions in Indian currency at international locations or at merchants located in India but registered in a foreign nation.
• Rent Pay transactions: 1% fee (MCC 6513).
• Fuel transaction: 1% of transaction amount for fuel transactions exceeding ₹10,000 (w.e.f. Nov 15, 2024).
• Utility transaction: 1% of transaction amount exceeding ₹50,000 (w.e.f. Nov 15, 2024).
• Transportation transaction: 1% on transactions exceeding ₹50,000 (w.e.f. Jan 15, 2026).
• Education payment: 1% for education payments made through third-party apps (w.e.f. Nov 15, 2024).
• Skill-Based Gaming transactions: 2% (w.e.f. Jan 15, 2026).
• Wallet Load: 1% for wallet load transactions of ₹5,000 or more (w.e.f. Jan 15, 2026).
• Over-limit charges: 2.50% on the over-limit amount (subject to a minimum of ₹550).
• Late Payment Charges applicable per outstanding slab.

Verified · mitc · 2026-08-20 · source

Interest-free period

• Interest-free period could range from 18 to 48 days.
• Grace period of 3 days after payment due date.

Verified · mitc · 2026-08-20 · source

Official terms

https://www.icici.bank.in/personal-banking/cards/credit-card/emirates-skywards/emirates-emeralde.

Verified · ICICI Bank Emirates Emeralde Credit Card product page · 2026-08-20 · source