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ICICI Bank Sapphiro Credit Card

ICICI · MASTERCARD4.5/ 5

✓ Details last verified 1 Jan 2025

IICICI
PREMIUM
5••• •••• •••• 8580
Card
ICICI Bank Sapphiro Credit Card
Valid thru
08/29
MASTERCARD
•••

This card is the property of ICICI. If found, please return to the nearest ICICI branch. Use subject to the issuer's terms.

ICICIMASTERCARD

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Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹3,500 in vouchers, points or cashback on card activation

💰

3% on Travel

3% cashback on travel transactions

💰

3% on International

3% cashback on international spends

✈️

Airport Lounge Access

4 complimentary visits per quarter at domestic and international airport lounges

💳

Annual Fee Waiver

Fee of ₹3,500/yr fully waived when you spend ₹4,00,000/year

Golf Privileges

4 complimentary golf rounds per year

🎯

Milestone Bonus

~₹2,500 in bonus rewards on hitting annual spend milestones

✈️ TRAVEL BENEFITS

Lounge access, miles, forex rates and travel perks at a glance.

AIRPORT LOUNGE ACCESS

16 visits/yr

Domestic lounges

Priority Pass

International lounges

₹15,000

Estimated annual value

2%

Forex markup

3.0%

Travel reward rate

  • Domestic + international airport lounge access (16 visits/yr, worth ~₹15,000)
  • 3.0% effective return on travel bookings
  • Low forex markup: 2.0%

💰 CASHBACK STRUCTURE

How much you earn back on each type of spend — no points math required.

3.0%

travel cashback

1.0%

Base rate (all other spends)

  • 3.0% cashback on travel
  • 1.0% on all other spends — no restrictions

👑 PREMIUM LIFESTYLE BENEFITS

Concierge, golf, hotel membership and high-value perks for premium cardholders.

₹4,000

Golf perk value

₹2,500

Milestone bonus value

Golf Access
  • Complimentary golf access at premium courses
  • ₹2,500 bonus on ₹4L annual spend

Priyanka stays at Sheraton and Westin on business trips and books via ICICI's travel desk. ICICI Sapphiro earns 3% cashback on travel and international spends — her ₹20,000/month hotel spend returns ₹7,200/year. She gets 4 domestic lounge visits per quarter (16/year) and 4 golf rounds. The ₹3,500 fee is waived at ₹4L spend, which she clears by March.

Who is this for?

For ICICI customers stepping up from a mid-tier card who travel domestically for work. The quarterly lounge allowance (4/quarter) fits the monthly business traveller perfectly — heavy enough to be useful, not so many you waste them.

At a glance

₹3,500
Joining fee
₹3,500
Annual fee
₹4,00,000/yr spend
Fee waiver
~₹3,500
Welcome benefit
3%
Best reward rate
₹75,000/mo
Min income

Full reward structure

What you earn on every rupee, per spend category. Rates assume 1 pt = ₹1.00. How we value points →

CategoryTypeRateMonthly cap
Travelcashback3%
Internationalcashback3%
Diningcashback2%
Othercashback1%

Travel: 3% cashback on travel transactions

International: 3% cashback on international spends

Dining: 2% cashback on dining

Other: 1% cashback on all other spends

Fees & charges

The numbers that matter beyond rewards — verify on the issuer site before applying.

3.75% p.m. · 45.0% p.a.
Finance charge (APR)
2%
Forex markup

Perks & benefits

Estimated annual value beyond rewards.

~₹21,500
total perk value/yr
✈️
lounge access~₹15,000/yr

4 domestic per quarter + international via Priority Pass

DomesticInternational4/quarter
golf~₹4,000/yr

4 complimentary golf rounds per year

Domestic
🎯
milestone bonus~₹2,500/yr

₹2,500 bonus on ₹4L annual spend

Should you get it?

  • Best for: Frequent travellers, Higher spenders
  • Premium tier a solid all-rounder for steady monthly spend.
  • Strongest value if you spend heavily on Travel (3% back).
  • Frequent travellers benefit from the included airport lounge access.

Pros

  • Strong rewards that can offset the annual fee for the right spender
  • Premium lifestyle perks (lounge, concierge, milestone benefits)
  • Lower forex markup, friendlier for international spend

Cons

  • Annual fee applies unless the spend-based waiver is met
  • Higher income / eligibility bar

Eligibility & documents

Age21–65 years
Min. income₹75,000/mo
EmploymentSalaried · Self-employed · Student

DOCUMENTS REQUIRED

  • 📄PAN card
  • 📄Aadhaar / valid address proof
  • 📄Latest 3 months bank statement
  • 📄Income proof — salary slips (salaried) or ITR (self-employed)
  • 📄Recent passport-size photograph

How to redeem rewards

Ways to convert what you earn into real value.

  • 🎁Statement credit / cashback adjustment
  • 🎁Online rewards catalogue (vouchers, merchandise)
  • 🎁Flight & hotel bookings via the issuer rewards portal
  • 🎁Airline / hotel partner point transfers (on eligible cards)

What your cashback are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement credit

Direct cash adjustment — no conversion

1.00/pt
Compare what every reward currency is worth →

The concern

Reward redemption tops out at modest values and the dual-network gimmick adds little — it is solid rather than exceptional everywhere.

Bottomline

CardAdvisor Rating: 4.5 / 5

Sapphiro is the sensible ICICI premium card: enough lounge quota for monthly flyers, real travel cashback, and a fee that disappears at ₹4L spend. It loses the spec battle to Regalia Gold narrowly but wins on ICICI relationship convenience.

SOURCES & VERIFICATION

Fees, reward rates, and benefits for the ICICI Bank Sapphiro Credit Card are taken from ICICI's official Most Important Terms & Conditions (MITC) and fee schedule — see the issuer's official page. Last verified 1 Jan 2025. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →

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