ICICI Bank Sapphiro Credit Card

Key Features & Benefits

The ICICI Bank Sapphiro Credit Card delivers exceptional value for high-spending individuals through its comprehensive reward structure and premium lifestyle benefits. Cardholders earn accelerated rewards with 4 points per ₹100 (1% value at ₹0.25 per point) on international transactions and 2 points per ₹100 (0.5% value) on domestic spends, while milestone bonuses provide additional 4,000 points (₹1,000 value) on ₹4 lakh annual spending and 2,000 points (₹500 value) for every additional ₹1 lakh spent thereafter.

Beyond rewards, the card excels in travel and lifestyle perks with 16 complimentary domestic lounge visits annually and 2 international lounge access, plus 48 free golf rounds per year upon crossing ₹6 lakh spending threshold. Welcome benefits include vouchers worth ₹9,000 from premium partners like Uber and Tata CLiQ, while comprehensive insurance coverage provides ₹3 crore personal accident protection, purchase protection, and travel insurance for complete peace of mind.

All You Need to Know About: ICICI Bank Sapphiro Credit Card

The ICICI Bank Sapphiro Credit Card stands as a premium offering designed for affluent individuals seeking comprehensive lifestyle benefits and accelerated rewards. Available across multiple networks including Visa, Mastercard, RuPay, and American Express, this card caters to diverse preferences while maintaining consistent premium features. With a joining fee of ₹6,500 plus GST and annual fee of ₹3,500 plus GST, the card positions itself in the premium segment, though the annual fee becomes waivable upon crossing ₹6 lakh annual spending threshold.

The reward structure emphasizes international and domestic spending with 4 reward points per ₹100 (1% value at ₹0.25 per point) on international transactions, 2 points per ₹100 (0.5% value) on domestic purchases, and 1 point per ₹100 (0.25% value) on fuel, utilities, and insurance payments. Milestone benefits enhance earning potential with 4,000 bonus points (₹1,000 value) on ₹4 lakh annual spending and additional 2,000 points (₹500 value) for every ₹1 lakh spent thereafter, capped at 20,000 points annually. These reward points can be redeemed across various categories including travel, shopping vouchers, electronics, fashion, and dining at ₹0.25 per point value.

Travel and lifestyle benefits form the card’s core strength with 16 complimentary domestic lounge visits annually (4 per quarter on ₹75,000 quarterly spend) and 2 international lounge visits. Golf enthusiasts receive 48 complimentary golf rounds per year upon crossing ₹6 lakh annual spending, while additional perks include BookMyShow offers, dining discounts, and concierge services. Comprehensive insurance coverage provides ₹3 crore personal accident protection, ₹1.4 lakh purchase protection, baggage loss coverage, and travel inconvenience insurance. Welcome benefits worth approximately ₹9,000 from premium partners like Uber, EaseMyTrip, Tata CLiQ, and Tata Croma provide immediate value upon card approval.

Eligibility requires minimum income of ₹9 lakh annually for both salaried and self-employed individuals, with business owner requirements typically aligning with self-employed thresholds. The card charges 3.75% monthly interest (approximately 45% annually) on outstanding balances and 3.5% foreign exchange markup on international transactions. Processing typically takes 7-10 days after approval, with PIN delivered separately for enhanced security, making this card ideal for premium lifestyle seekers who can maximize its extensive benefit portfolio.

Pros & Cons

How to Apply

Visit the ICICI Bank official website or mobile app and navigate to the credit card section. Select the Sapphiro Credit Card and click “Apply Now” to fill the online application form with personal, professional, and financial details. Submit required KYC documents including income proof, identity verification, and address proof digitally. After verification and approval, the card will be delivered within 7-10 days with PIN sent separately for security.

Detailed Fee Structure

The ICICI Bank Sapphiro Credit Card charges a joining fee of ₹6,500 plus applicable GST and an annual renewal fee of ₹3,500 plus GST, though the annual fee is waived on spending ₹6 lakh or more in the previous membership year. Additional charges include late payment fees, cash advance charges of approximately 2.5% with a minimum of ₹300, over-limit fees, and foreign exchange markup of 3.5% on international transactions. Interest rates apply at 3.75% per month (approximately 45% per annum) on outstanding balances, making timely payments crucial to avoid high finance charges.

Who Should Get This Card?

This premium credit card is ideal for high-income individuals earning above ₹9 lakh annually who frequently travel internationally, enjoy golf, and seek comprehensive lifestyle benefits. Perfect for affluent professionals, business owners, and premium lifestyle enthusiasts who can leverage the high spending thresholds for fee waivers and bonus rewards. The card suits those who prioritize lounge access, concierge services, and comprehensive insurance coverage over basic cashback offers.

Alternatives & Competitor Comparison

Feature	ICICI Bank Sapphiro Credit Card	Axis Atlas Credit Card
Card Image
Card Network	Amex, Mastercard, RuPay, Visa	Mastercard, Visa
USP	The ICICI Bank Sapphiro Credit Card offers premium rewards with 1% value on international spends and 0.5% on domestic purchases (at ₹0.25 per reward point), plus exclusive golf privileges, lounge access, and lifestyle benefits worth ₹9,000, making it perfect for affluent travelers and premium lifestyle enthusiasts.	The Axis Atlas Credit Card is a premium travel rewards card designed for frequent flyers and luxury travelers, offering high EDGE miles on airline and hotel bookings, exclusive lounge access, and milestone bonuses for big spenders. Enjoy seamless travel perks, rewarding redemptions, and global acceptance.
Annual Fee	3500 Plus GST	5000 Plus GST
Joining Fee	6500 Plus GST	5000 Plus GST
Welcome Benefits	Vouchers worth approximately ₹9,000 from partners like Uber, EaseMyTrip, Tata CLiQ, and Tata Croma	2,500 EDGE miles credited on spending minimum 3 transactions within 37 days of card issuance, which can be redeemed for travel stays and flights worth roughly ₹5,000.
Lounge Access	Domestic: 4 per quarter | International: 2 per year On spends of ₹75,000+ in the last 3 months	Domestic: 2 per quarter | International: 1 per quarter
Reward Rate	Earn 4 reward points per ₹100 (1% value at ₹0.25 per point) on international spends, 2 reward points per ₹100 (0.5% value) on domestic spends except fuel, and 1 reward point per ₹100 (0.25% value) on fuel, utilities, and insurance spends.	5 EDGE miles per ₹100 on travel bookings via Axis Bank Travel Edge up to ₹2 lakh monthly and 2 EDGE miles per ₹100 on all other spends.
Interest Rate	3.75% per month (approximately 45% per annum)	3.49% per month (around 42% per annum)
Best For	Lounge Access	Lounge Access, Travel
Apply Now	Apply Now	Apply Now

Frequently Asked Questions