Cards · ICICI Bank

ICICI Bank Emeralde Credit Card: rewards, caps and exclusions

The ICICI Bank Emeralde Credit Card pays about 1% on International spend, and 1% on everything else. Below is every rate, cap and exclusion in ICICI Bank's published terms, as we last checked them on 9 October 2026.

Mastercard, American Express₹12,000 a yearPaid in points

What it earns

≈1%International spendno cap stated

≈1%Grocerieson the first ₹40,000 of spend a cycle

≈1%Transporton the first ₹20,000 of spend a cycle

≈0.25%Billson the first ₹80,000 of spend a cycle

≈1%Everything elseno cap stated

≈ marks a rate paid in points, valued at ₹0.25 a point. That is Zenidhi's conservative valuation, the same one the audit uses: the cheap end of what the points can be redeemed for, never the best transfer. Redeemed well, they can be worth more.

What earns nothing

Spend in these categories earns no rewards on this card, however it is paid for:

Cash withdrawals and fees
Money transfers
Rent
Wallet loads
Fuel
EMI conversions

What costs extra

Worse than earning nothing: ICICI Bank charges a fee for these.

1% on Rent pay, plus GST

Fees

Annual fee: ₹12,000, plus 18% GST
Joining fee: ₹12,000
Annual fee waived on ₹10,00,000 of spend in a card year

Where this comes from

Transcribed from ICICI Bank's own documents and checked against them on 9 October 2026:

Banks change these terms, sometimes with a month's notice. If a figure here disagrees with ICICI Bank's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.

Hold this card?

Zenidhi reads your ICICI Bank statements and transaction alerts in Gmail, replays every swipe against the rules on this page, and shows you what you missed, and which card in your wallet to use next time. Get my audit · How the audit works