{"id":3309,"date":"2022-04-04T05:07:41","date_gmt":"2022-04-04T05:07:41","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?p=3309"},"modified":"2022-05-12T05:02:22","modified_gmt":"2022-05-12T05:02:22","slug":"icici-bank-emeralde-credit-card-review","status":"publish","type":"post","link":"https:\/\/bankkaro.com\/blog\/icici-bank-emeralde-credit-card-review\/3309\/","title":{"rendered":"ICICI Bank Emeralde Credit Card Review"},"content":{"rendered":"\n<p>ICICI Bank Emerald Credit Card is a premium lifestyle card designed for high-net-worth individuals who want to take advantage of luxurious benefits. This card&#8217;s premium features include unlimited free lounge access, golf lessons\/rounds at the finest golf courses, and 5-star hotel memberships. This is one of the <strong>best super-premium credit cards in India<\/strong>, with a plethora of offers. Also have a look at <a href=\"https:\/\/bankkaro.com\/blog\/icici-bank-coral-credit-card-review\/3373\/\">icici coral credit card benefits <\/a>&amp;<a href=\"https:\/\/bankkaro.com\/blog\/icici-bank-coral-credit-card-review\/3373\/\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><a href=\"https:\/\/bankkaro.com\/blog\/icici-bank-hpcl-coral-credit-card-review\/3272\/\">icici bank hpcl coral credit card offers<\/a><\/p>\n\n\n\n<p>If you earn a seven-figure salary and travel frequently, the ICICI Bank Emerald Credit Card becomes an interesting option. Here is our review of the ICICI Bank Emerald Credit Card, where we delve deep into the pros, cons, rewards, cashback, and more. We attempt to answer the question of whether you should get one for yourself or not?<\/p>\n\n\n\n<h2 id=\"fees-and-charges\" class=\"wp-block-heading\"><strong>Fees and Charges<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-gray-200-background-color has-background has-fixed-layout\"><thead><tr><th> <strong>Lable<\/strong><\/th><th> <strong>  <strong>Fees<\/strong>  <\/strong><\/th><\/tr><\/thead><tbody><tr><td> Joining fees <\/td><td> Rs. 12,000 + GST <\/td><\/tr><tr><td> Annual fees <\/td><td> Rs. 12,000 <\/td><\/tr><tr><td> Interest rate <\/td><td> 3.40% per month (or 40.80% annually) <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"pros-cons\" class=\"wp-block-heading\"><strong>Pros &amp; Cons<\/strong><\/h2>\n\n\n<div class=\"i2-pros-cons-icons i2-pros-cons-main-wrapper theme-i2pc-theme-03 no-title no-button has-space-between-column no-outer-border has-round-corner no-heading-icon\"><div class=\"i2-pros-cons-wrapper\"><div class=\"i2-pros\"><strong class=\"i2-pros-title\">Pros<\/strong><div class=\"section\"><ul class='has-icon'><li><i class='icon icon-thumbs-o-up'><\/i>As a birthday benefit, you will receive a Trident Hotels dining voucher (worth Rs 7,500) on your ICICI Bank Emerald Amex Credit Card.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Offers on Movies and Events will help you make the most of your family time.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Every month, you can play a round of golf for free.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Enjoy unlimited free domestic airport spa access.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Anytime Fitness discounts on gym memberships.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>International lounge access is provided at no cost.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Domestic lounge access is provided at no cost.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>There are no cancellation fees for travel or hotel reservations. Refund of up to Rs 12,000 for maximum of two transactions on cancellations.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>If you spend more than Rs. 15 lakhs on the card in a year, your joining fee + GST will be refunded.<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Your annual fee + GST (from the second year) will be refunded if you spend more than Rs. 15 lakhs in every subsequent year.<\/li><\/ul><\/div><\/div><div class=\"i2-spacer\"><\/div><div class=\"i2-cons\"><strong class=\"i2-cons-title\">Cons<\/strong><div class=\"section\"><ul class='has-icon'><li><i class='icon icon-thumbs-o-down'><\/i>When compared to other credit cards in this segment, such as HDFC Diners Club Black Credit Card and Axis Magnus Credit Card, the reward rate of 4% offered by ICICI Bank Emeralde Credit Card is not as rewarding.<\/li><li><i class='icon icon-thumbs-o-down'><\/i>Domestic shopping benefits and rewards are not as good as one would expect from a premium credit card. If you are a shopaholic, you can choose from a variety of other best shopping credit cards.<\/li><li><i class='icon icon-thumbs-o-down'><\/i>ICICI Bank Emeralde Credit Card also does not have access to the complimentary railway lounges that are available with other ICICI Bank credit cards.<\/li><\/ul><\/div><\/div><\/div><\/div>\n\n\n<h2 id=\"rewards-and-cashback\" class=\"wp-block-heading\"><strong>Rewards and cashback<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Every <strong>Rs.100<\/strong> spent on all retail transactions except fuel earns you <strong>4 PAYBACK points<\/strong> (1% reward rate)<\/li><li><strong>1 PAYBACK point<\/strong> is awarded for every <strong>Rs.100<\/strong> spent on utilities and insurance (0.25% reward rate)<\/li><\/ul>\n\n\n\n<h2 id=\"who-should-get-an-icici-bank-emeralde-credit-card\" class=\"wp-block-heading\"><strong>Who Should Get an ICICI Bank Emeralde Credit Card?<\/strong><\/h2>\n\n\n\n<p>The ICICI Emeralde card is the best option for high-income customers with premium requirements who travel frequently. The credit card provides unrestricted access to over 800 airport lounges, both domestic and international.<\/p>\n\n\n\n<p>With all of its premium features and benefits, the ICICI Bank Emeralde credit card should be everyone&#8217;s go-to card if paying the Rs. 12,000 annual fee or spending Rs 15 lakhs in a year isn&#8217;t an issue. This card, on the other hand, has strict eligibility requirements. Only those who meet any of the following criteria are eligible to apply for this card:<\/p>\n\n\n\n<p>Net monthly salary of Rs 3 lakhs or more, annual ITR filing of Rs. 30 lakh, or existing ICICI Bank global private client is required.<\/p>\n\n\n\n<p>If you are not eligible for this card, we recommend you pick an entry-level card like the I<a href=\"https:\/\/bankkaro.com\/blog\/icici-bank-hpcl-coral-credit-card-review\/3272\/\">CICI HPCL Coral credit card<\/a>, which gets you a decent credit limit to start with, or even the <a href=\"https:\/\/bankkaro.com\/blog\/icici-bank-hpcl-super-saver-credit-card-review\/3304\/\">ICICI Bank HPCL Super Saver credit card<\/a> for additional benefits.<\/p>\n\n\n\n<h2 id=\"eligibility-criteria\" class=\"wp-block-heading\"><strong>Eligibility Criteria<\/strong><\/h2>\n\n\n\n<p>To apply for the ICICI Bank Emeralde Credit Card, you must meet at least one of the eligibility requirements listed below.<\/p>\n\n\n\n<h3 id=\"1-salary\" class=\"wp-block-heading\">1. Salary<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Rs 3 lakhs or more in net monthly salary income<\/li><li>Annual Income Tax Returns Filed with a Value of Rs 30 lakhs or More<\/li><li>The ICICI Bank Emeralde Credit Card is also available to all existing ICICI Bank Global Private Client customers.<\/li><\/ul>\n\n\n\n<h3 id=\"2-documents\" class=\"wp-block-heading\">2. Documents<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Last two pay stubs<\/li><li>Proof of identity and address<\/li><li>Photocopy of PAN card\/ Form 60<\/li><li>Income proof: Latest payslip\/Form 16\/IT return<\/li><li>Residence proof (any one of the following):<\/li><li>Passport<\/li><li>Driving License<\/li><li>Ration card<\/li><\/ul>\n\n\n\n<h2 id=\"ratings-and-reviews\" class=\"wp-block-heading\"><strong>Ratings and Reviews<\/strong><\/h2>\n\n\n\n<p><em><strong>Source:<\/strong> ICICI<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Cashback and Rewards 3.5\/5 &#8211; <\/strong>The ICICI Bank Emeralde Credit Card&#8217;s reward rate of 4% is not particularly attractive, in its league. If you want to redeem your credit card points, you can choose from a variety of options such as movies, appliances, travel, mobile phones, vouchers, lifestyle products, and many more. The only advantage of PAYBACK points is that they can be converted to cash credit on your statement.<\/li><li><strong>Fees and charges 3\/5 <\/strong>The Rs 12,000 annual fee is on par with most other cards in its range, but what\u2019s striking is the Rs 15 lakh fee waiver requirement. It is quite steep and not possible even for several HNI customers out there.<\/li><li><strong>Eligibility 3\/5<\/strong> ICICI Emeralde credit card is only available to applicants who earn a minimum of Rs. 3 lakh per month or file an ITR of Rs. 30 lakh per year, and we don&#8217;t know how strict ICICI intends to be for further processing.<\/li><li><strong>Overall 3.5\/5<\/strong> Except for the decent reward rate on spending, everything else has been carefully crafted to place it in the super-premium credit card segment. If you value the benefits such as Spa\/BMS\/free airport Wi-Fi, among others, you&#8217;ll find that the overall return is reasonable. If you want to stay in the ICICI Bank ecosystem, this can be a good addition to your wallet.<\/li><\/ul>\n\n\n\n<h2 id=\"conclusion\" class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>This is an ICICI super-premium card that is only useful if you travel internationally, frequently. It has industry-leading features such as unlimited lounge access, airport spa access, super low international markup (1.5%), refund of cancellation charges, and no cash withdrawal fee. If you qualify (Rs 30 lakh IT returns) and are willing to pay hefty annual fees or are a global private client customer, this is a good card to have.<\/p>\n\n\n\n<h2 id=\"faqs\" class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1652187259061\" class=\"rank-math-list-item\">\n<h3 id=\"what-are-the-benefits-of-the-icici-emeralde-credit-card\" class=\"rank-math-question \">What are the benefits of the ICICI Emeralde credit card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>1. As a birthday benefit, you will receive a Trident Hotels dining voucher (worth Rs 7,500) on your ICICI Bank Emeralde Amex Credit Card.<br \/>2. Offers on Movies and Events will help you make the most of your family time.<br \/>3. Every month, you can play a round of golf for free.<br \/>4. Enjoy unlimited free domestic airport spa access.<br \/>5. There are no cancellation fees for travel or hotel reservations.<br \/>6. Refund of up to Rs 12,000 for a maximum of two transactions on cancellati<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187298481\" class=\"rank-math-list-item\">\n<h3 id=\"is-the-icici-emeralde-credit-card-good\" class=\"rank-math-question \">Is the ICICI Emeralde credit card good?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The ICICI Bank Emeralde credit card is useful if you travel internationally, frequently. It has industry-leading features such as unlimited lounge access, airport spa access, the lowest international markup (1.5%), refund of cancellation charges, and no cash withdrawal fee.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187304934\" class=\"rank-math-list-item\">\n<h3 id=\"how-to-apply-for-icici-bank-emeralde-credit-card\" class=\"rank-math-question \">How to Apply for ICICI Bank Emeralde Credit Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Customers are only offered this card by invitation as part of the ICICI Bank Emeralde Credit Card launch. To apply for the card, the customer must meet certain criteria as mentioned in the blog. Also, Customers can use the digital card immediately. As the physical card will then be delivered to the specific customer.<\/p>\n<p><strong>1.<\/strong> You can visit the ICICI Bank Emeralde Credit Card Bank page, which is located below the &#8220;Product&#8221; section, as well as the ICICI Bank website on an individual basis. You can apply through this page by clicking the &#8220;Apply Now&#8221; button.<\/p>\n<p><strong>2.<\/strong> Following that, you will be directed to the eligibility criteria page, where you can determine whether you are eligible for this card.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187353040\" class=\"rank-math-list-item\">\n<h3 id=\"can-i-redeem-payback-points-earned-on-the-icici-bank-emeralde-credit-card-against-fuel-spending\" class=\"rank-math-question \">Can I redeem PAYBACK points earned on the ICICI Bank Emeralde credit card against fuel spending?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can earn PAYBACK points on your ICICI Bank Emeralde Credit Card transactions. PAYBACK Points can be redeemed for a variety of items, including movie and travel vouchers, lifestyle products, mobile phones, and appliances.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187362118\" class=\"rank-math-list-item\">\n<h3 id=\"is-there-any-late-payment-charge-on-emeralde-credit-card\" class=\"rank-math-question \">Is there any late payment charge on Emeralde Credit Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, ICICI Bank does not levy a late payment penalty on your Emeralde Credit Card.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187372887\" class=\"rank-math-list-item\">\n<h3 id=\"what-is-the-interest-charge-per-month-on-emeralde-credit-card\" class=\"rank-math-question \">What is the interest charge per month on Emeralde Credit Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The Interest rate per month on ICICI Emeralde Bank Credit Card is 3.40% per month (or 40.80% annually)<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1652187405120\" class=\"rank-math-list-item\">\n<h3 id=\"what-is-the-annual-fee-for-emeralde-credit-card\" class=\"rank-math-question \">What is the annual fee for Emeralde Credit Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The Annual fee for the ICICI Emeralde Credit card is Rs.12,000 + GST. This is waived off on spending of over Rs 15 lakhs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"ICICI Bank Emerald Credit Card is a premium lifestyle card designed for high-net-worth individuals who want to take&hellip;\n","protected":false},"author":2,"featured_media":3314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[11],"tags":[24,33],"class_list":{"0":"post-3309","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-reviews","8":"tag-credit-cards","9":"tag-icici-bank","10":"cs-entry","11":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/comments?post=3309"}],"version-history":[{"count":14,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3309\/revisions"}],"predecessor-version":[{"id":4339,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3309\/revisions\/4339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media\/3314"}],"wp:attachment":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media?parent=3309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/categories?post=3309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/tags?post=3309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}