ICICI Bank Emeralde Private Metal Credit Card
ICICI Bank · Mastercard
Closed to new applicants. ICICI Bank has stopped issuing this card; existing cardholders keep their benefits.
Why this card?
- Closed to new applicants
- 0.75% back in reward points on eligible spends
- ₹12,499 joining and annual fee; renewal fee waived on ₹10 lakh yearly spend
- Unlimited domestic and international airport lounge access
- 1% fuel surcharge waiver
Card details
- Issuer
- ICICI Bank
- Network
- Mastercard
- Annual Fee
- ₹12,499
- Joining Fee
- ₹12,499
- Reward Type
- points
- Best Reward Rate
- 0.75% on all eligible spends
- Forex Markup
- 2%
- Domestic Lounge
- Unlimited
- Rates verified
- 2026-10-06
Our verdict
ICICI has stopped taking new applications for the Emeralde Private Metal; it is now by invitation only, through your Relationship Manager. For existing and invited customers, it combines unlimited domestic and international lounge access and unlimited golf at a ₹12,499 annual fee, which is waived on ₹10 lakh of annual spend. Rewards are about 0.75% back as points on eligible spends, with monthly caps on some categories.
Pros
- Unlimited domestic and international lounge access — no cap
- Unlimited golf rounds at premium Indian courses
- Annual fee is waived on ₹10 lakh of annual spend
- 2% forex markup — better than most cards, though not zero
Cons
- About 0.75% back as points — low earn rate for the fee; Infinia and Magnus earn more
- Monthly caps on grocery, utilities and insurance rewards (about ₹250 a category and ₹1,250 for insurance)
- Available by invitation only, so most people cannot apply