Synopsis: The ICICI Emeralde Private Metal Credit Card is a luxury credit card offered by ICICI Bank. Its benefits are best suited for affluent customers seeking luxury travel and high rewards.
ICICI Emeralde Private Metal card is an invite-only luxury credit card that is mostly aimed at individuals with high net worth. The overall benefits, and unique perks makes this a card that is hard to ignore. The card is widely popular as one of the best lifestyle and travel cards. Now, let us walk through the benefits and find out what makes this card so attractive.
ICICI Emeralde Private Metal Card
- Joining Fee: ₹12,499 + taxes
- Annual Fee: ₹12,499 + taxes (From 2nd year onwards)
- Annual Fee Reversal: If the cardholder spends ₹10 lakh or more in a card anniversary year then the annual fee is reversed.
- Card Add on Fee: ₹3,500
- Card Type: Super Premium Luxury
Eligibility
- A total relationship value (TRV) of ₹50 lakhs or more with ICICI
- The cardholder should have an overall portfolio of ₹1 to ₹2 Cr
- Monthly take home salary after deduction should be ₹3 lakhs or more
- Income, Address, and identity proofs required for documentation.
Note: Eligibility criterion has been collected from various financial sources and may not be concrete. Thus, reaching out to your relationship manager is recommended.
Fees & Spend Requirements
- Interest Rate (APR): Up to 3.75% per month (approx. 45% annually)
- Late Payment Fee: Ranges from ₹100 to ₹1,300, depending on outstanding balance.
- Cash Withdrawal Fee: 2.5% of the withdrawn amount or ₹300 whichever is higher.
- Forex Markup: At a lower side of 2%
- ATM withdrawal: Charges are 3.75% per month
Welcome Benefits
- Taj Epicure Plus Membership and EazyDiner Prime Membership as complimentary joining benefits.
- Additionally a total of 12,500 Reward Points as a joining gift.
Benefits & Advantages
- Unlimited Golf rounds in each month
- Unlimited International lounge visits for Primary and added members with the complementary Priority Pass
- Unlimited Domestic airport lounge visits for primary and add-on members
- Buy One Get One (BOGO) of up to ₹750 off on BookMyShow twice every month
- 2 EaseMyTrip vouchers (worth ₹6000) on an annual total spends of ₹8 lakh
- 1% surcharge waiver on fuel transactions
- 24/7 concierge for assistance
Insurance & Protection Features
- Air accident coverage up to ₹3 crore (Death Only)
- Purchase protection of ₹1,40,000
- Plan hijacking coverage of ₹1,00,000
- Lost of checked in baggage insurance coverage of ₹84,000
- Lost of documents or passport cover of ₹35,000
Reward Redemption
- Can be redeemed as flight and hotel vouchers
- Can be redeemed as lifestyle products and rewards through catalog items
- Can also be redeemed as statement credit
Also Read: HSBC Live+ Credit Card Review 2026: Is It the Best Cashback Card for Dining and Food Delivery?
Reward Structure – How it works
- Base Rewards of 6 ICICI Reward Points on every ₹200 spent on retail
- Accelerated Rewards of up to 12X points on selected categories when shopping via ICICI’s iShop portal
- Reward points are valid for up to 3 years from the date of receiving
Example: Now for instance you spend ₹2,00,000 in a month. Then, you have earned ₹2,00,000 ÷ 200 × 6 = 6,000 reward points.
Pros of ICICI Emeralde Private Metal
- Premium travel and lounge benefits
- Could earn higher rewards points via iShop
- Variety of dining and lifestyle perks
- Premium insurance protections and coverage
Cons of ICICI Emeralde Private Metal
- Very high fees and waiver condition
- Limited public eligibility because of being an invite-only card
- Rewards are capped on some categories (e.g., groceries, utilities)
Who Should Consider It?
- Traveller who fly very often because of unlimited lounge access
- Individuals with high annual spends because of the waiver condition
- Who needs one super premium card rather than multiple premium ones
Conclusion
The ICICI Emeralde Private Metal Credit Card truly delivers the price one pays for with various niched rewards. The travel perks, lounge access, and many other lifestyle benefits seems like a good fit as the card demands a high spending for annual fee reversal too.
The insurance coverage is one standing out point in this card as in the recent revision many cards have discontinued the air accident and other coverage. Thus, it is overall a value card but the only minus point for general users would be that it is an invite only card.
Written by Kenbi Riba
