ICICI Bank Sapphiro Credit Card
ICICI Bank · Amex / Mastercard
Why this card?
- 1% back in reward points on international spends; 0.5% on other spends
- ₹6,500 joining fee, ₹3,500 annual fee; renewal fee waived on ₹6 lakh yearly spend
- 16 domestic and 2 international airport lounge visits a year
- 1% fuel surcharge waiver
Card details
- Issuer
- ICICI Bank
- Network
- Amex / Mastercard
- Annual Fee
- ₹3,500
- Joining Fee
- ₹6,500
- Reward Type
- points
- Best Reward Rate
- 1% on international spends (4 reward points per ₹100; about 1% at an assumed ₹0.25 per point; 2 points per ₹100 on domestic spends)
- Forex Markup
- 3.5%
- Domestic Lounge
- 16/yr
- Min. Monthly Income
- ₹75,000
- Rates verified
- 2026-10-06
Our verdict
ICICI Sapphiro is a mid-premium card earning 4 reward points per ₹100 on international spends and 2 on domestic spends, with 2 international lounge visits a year and 4 domestic visits a quarter that unlock at ₹75,000 of spend in the preceding quarter. The ₹3,500 annual fee is waived on spends over ₹6 lakh. Benefits differ by network variant (Amex and Mastercard), and the forex markup is 3.5%, so it is not a low-cost overseas card despite its travel positioning.
Pros
- 4 reward points per ₹100 on international spends and 2 per ₹100 on domestic spends
- Fee waived on ₹6 lakh of annual spend
- 4 domestic lounge visits a quarter on meeting the spend condition
- 1% fuel surcharge waiver
Cons
- 3.5% foreign-currency markup
- Domestic lounge access depends on ₹75,000 spend in the preceding quarter
- Only 2 international lounge visits a year
- Lounge and offers differ by network variant
Frequently Asked Questions
What is the annual fee of the ICICI Sapphiro card?
ICICI Bank lists an annual fee of ₹3,500 plus GST, waived if you spend over ₹6 lakh in a year, and a joining fee of ₹6,500 plus GST.
How many reward points does ICICI Sapphiro give?
4 reward points per ₹100 on international spends, 2 per ₹100 on domestic spends and 1 per ₹100 on utility and insurance spends.
What lounge access does ICICI Sapphiro offer?
2 complimentary international lounge visits a year, and 4 domestic visits a quarter when you spend ₹75,000 or more in the preceding quarter. Allocation can differ by network variant.
What is the forex markup on ICICI Sapphiro?
ICICI Bank lists a 3.5% foreign-currency markup.
Which networks is ICICI Sapphiro available on?
ICICI lists Amex and Mastercard variants, with core benefits the same and differences in acceptance, lounge allocation and select offers.