Cards · ICICI Bank

Times Black ICICI Bank Credit Card: rewards, caps and exclusions

The Times Black ICICI Bank Credit Card pays about 1% on All eligible international transactions, and 0.8% 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.

Visa₹20,000 a yearPaid in points

What it earns

≈1%All eligible international transactionsno cap stated

≈0.8%Bills, Educationon the first ₹2,50,000 of spend a cycle

≈0.8%Everything elseno cap stated

≈ marks a rate paid in points, valued at ₹0.4 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
2% on Skill-Based Gaming Transactions (w.e.f. Jan 15, 2026), plus GST

Milestones

In ICICI Bank's own words:

Klook: "Gift voucher worth INR <10,000> on spends of a minimum of INR <2,00,000>" in the anniversary year → ₹10,000 Klook voucher (brand-locked)
₹5,00,000 spend unlocks the Times Black Mobility Wallet: "This wallet is loaded with 10,000 points equal to INR 10,000. Points will be unlocked once the Eligible Cardholder achieves a spend of INR 5,00,000" (airport transfers via Avis / Indian Travel House / BLADE; product page also lists WeWork day passes) → ₹10,000 mobility wallet (airport transfers only)
Tata CLiQ Luxury: "Gift voucher worth INR <10,000> on spends of a minimum of INR <10,00,000>" → ₹10,000 Tata CLiQ Luxury voucher (brand-locked)
Ayatana / Lohono: "Gift voucher worth INR <20,000> on spends of a minimum of INR <20,00,000>" (one-night luxury stay) → ₹20,000 one-night stay at Ayatana or Lohono

Fees

Annual fee: ₹20,000, plus 18% GST
Joining fee: ₹20,000
Annual fee waived on ₹25,00,000 of spend in a card year

Welcome benefit: Luxury stay gift card: EaseMyTrip ₹10,000 (hotel bookings only) or Lohono ₹12,000 — the lower figure taken + Toni and Guy gift voucher ₹3,000 + Interflora gift voucher ₹1,000 + Zomato Gold annual membership + Times Black Visa Wallet, 10,000 points usable only on Atlys / OneVasco visa processing fees on paying the joining fee.

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.

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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