ICICI Bank Emeralde Private Metal Credit Card- Benefits, Rewards

The ICICI Bank Emeralde Private Metal Credit Card is a luxury product in the super-premium category launched in the market to target audiences of high-net-worth individuals who want a much higher level of lifestyle, travel and entertainment privileges. This ICICI credit card has metal embossing at the back and front and is targeted at the wealthy clientele, comes with joining and renewal fees which can be waived if the client spends enough annually. The card also provides good insurance coverage, bonus points, and point-based rewards, and therefore, it suits a client with a high-profile lifestyle and who is a frequent traveller on both international and local trips.

ICICI Bank Emeralde Private Metal Credit Card Features and Benefits

1. Welcome Benefits
   • 12,500 Reward Points: Upon card activation and payment of the joining fee, you receive 12,500 reward points, redeemable against a variety of lifestyle products, travel, and movie vouchers.
   • Taj Epicure Membership: As a welcome gift, cardholders get a 1-year complimentary Taj Epicure Membership, which includes:
     • 25% off on dining for up to 10 people.
     • 20% off on food orders via the Qmin app.
     • 20% off at Jiva Spas and select banquet services at participating Taj hotels.
     • Complimentary one-night stay at Taj Hotels.
   • EazyDiner Prime Membership: Cardholders receive a 12-month EazyDiner Prime Membership, offering:
     • Minimum 25% off at over 3,000 restaurants in India and Dubai.
     • Complimentary dessert or cake on special occasions (birthdays, anniversaries).
     • Bonus 2,000 EazyPoints upon onboarding.
2. Travel Benefits
   • EaseMyTrip Vouchers: Spend Rs. 8 Lakhs or more in a year and receive Rs. 6,000 worth of EaseMyTrip air travel vouchers (two vouchers worth Rs. 3,000 each).
   • Unlimited Domestic Lounge Access: Cardholders and add-on members can enjoy free, unlimited access to select domestic airport lounges across India.
   • Unlimited International Lounge Access: With complimentary Priority Pass Membership, both primary and add-on cardholders get unlimited access to international airport lounges globally.
3. Golf Privileges
   • Enjoy unlimited complimentary golf rounds and lessons at premium golf courses worldwide, making it an excellent perk for golf enthusiasts.
4. Movie Benefits
   • BookMyShow Offer: Buy one movie ticket and get a discount of up to Rs. 750 on the second ticket. This offer can be availed twice per month for movies, concerts, and other events.
5. Cancellation Cover
   • The card offers an exclusive cancellation cover of up to Rs. 12,000 on flight or hotel bookings made with the card. This benefit can be availed twice per year, ensuring peace of mind when travel plans change unexpectedly.
6. Concierge Services
   • i-Assist Concierge: 24/7 concierge services are available, assisting with tasks like hotel and flight reservations, car rentals, restaurant bookings, and even special occasion arrangements. This service is available in New Delhi, Mumbai, Bengaluru, and Chennai.
7. Insurance Benefits
   • Personal Air Accident Death Cover: Rs. 3 Crore coverage.
   • Credit Shield: Rs. 1 Lakh protection in case of cardholder’s death.
   • Baggage Loss Insurance: Rs. 25,000 coverage.
   • Loss of Travel Documents and Passport: Rs. 35,000 coverage.
   • Loss of Check-In Baggage: Rs. 84,000 coverage.
   • Delayed Check-In Baggage: Rs. 21,000 compensation.
   • Missed International Flight Connection: Rs. 21,000 coverage.
   • Flight Hijack Cover: Rs. 75,000 compensation.
   • Flight Delay Cover: Rs. 17,500 coverage.
   • Card Liability Cover: Rs. 50,000 in case of card misuse.
   • Medical Expenses: Rs. 50,000 coverage for emergencies.
   • Purchase Protection: Rs. 1,40,000 coverage for damaged or stolen goods purchased with the card.
8. Forex Markup
   • Low 2% Forex Markup: The card has a favorable 2% foreign currency markup fee, lower than the industry standard, making it ideal for international travelers.
9. Annual Fee Waiver
   • Annual Fee Waiver: The annual fee of Rs. 12,499 can be waived off if the cardholder spends Rs. 10 Lakhs or more in the anniversary year.
10. Fuel Surcharge Waiver
    • 1% Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on transactions below Rs. 4,000, with a maximum waiver of Rs. 1,000 per statement cycle.

How to Earn and Redeem ICICI Bank Emeralde Private Metal Credit Card Reward Points

1. 6 Reward Points per Rs. 200 spent on:
   • Retail purchases
   • Grocery shopping
   • Educational payments
   • Insurance premiums
2. No Reward Points are earned on:
   • Fuel transactions
   • Rent payments
   • Tax payments
3. Reward Points Caps:
   • Grocery: Maximum of 1,000 reward points per statement.
   • Education: Maximum of 1,000 reward points per statement.
   • Insurance: Maximum of 5,000 reward points per statement.
   • Utility Payments: Maximum of 1,000 reward points per statement.

How to Redeem Reward Points

1. Redemption Categories:
   • Travel bookings (flights, hotels)
   • Movie tickets and entertainment vouchers
   • Lifestyle products (appliances, gadgets, etc.)
   • Mobile phones and accessories
   • Dining and shopping vouchers
2. Redemption Value:
   • 1 Reward Point = Rs. 1.
   • The value of the points is fixed, making it easier to calculate the redemption value.
3. Redemption Process:
   • Visit the ICICI Rewards Catalogue via the ICICI website or mobile app.
   • Browse through the available options for redemption (products, vouchers, etc.).
   • Choose the category and item you wish to redeem.
   • Confirm the transaction, and the item or voucher will be sent to you as per your selection.

ICICI Bank Emeralde Private Metal Credit Card Fees and Charges

1. Interest Rates: 3.4% per month (40.8% per annum) on overdue payments.
2. Forex Markup Charges: 2% of the transaction amount, lower than the standard 3.5% markup, making it ideal for international travelers.
3. Cash Advance Fees: No charges for cash advances (a rare feature among credit cards).
4. Fuel Surcharge Waiver: 1% on fuel transactions below Rs. 4,000.
   • Maximum Waiver: Rs. 1,000 per statement cycle.
5. Overlimit Fees: 2.5% of the over-limit amount (minimum Rs. 500).
6. Late Payment Fees
   • Less than Rs. 100: No charge.
   • Rs. 100 to Rs. 500: Rs. 100.
   • Rs. 501 to Rs. 10,000: Rs. 500.
   • Rs. 10,001 to Rs. 25,000: Rs. 750.
   • Rs. 25,001 to Rs. 50,000: Rs. 1,000.
   • Above Rs. 50,000: Rs. 1,200.
7. Rewards Redemption Fee: Rs. 99 + GST per redemption request.

ICICI Bank Emeralde Private Metal Credit Card Product Details

1. Earn 6 reward points for every Rs. 200 spent on categories like retail, groceries, education, and insurance.
2. Buy 1 and get up to Rs. 750 off on the second ticket via BookMyShow, available twice a month.
3. Unlimited complimentary golf rounds and lessons at top golf courses worldwide.
4. Enjoy a 2% foreign currency markup fee, lower than most premium credit cards.
5. Includes personal air accident cover of Rs. 3 Crore, baggage loss, flight delays, and card liability protection.

ICICI Bank Emeralde Private Metal Credit Card Eligibility Criteria

1. Age:
   • Primary cardholder: 21 to 60 years
   • Add-on cardholder: Minimum age of 18 years
2. Income:
   • Salaried: Minimum annual income of Rs. 30 Lakhs
   • Self-employed: Minimum annual income of Rs. 30 Lakhs
3. Credit Score:
   • A good to excellent credit score (typically 750 or above) is required for approval.

Documents Required for ICICI Bank Emeralde Private Metal Credit Card

1. Identity Proof:
   • Aadhaar Card, Passport, PAN Card, or Driving License.
2. Address Proof:
   • Utility bills (electricity, water), Aadhaar Card, Passport, or Voter ID.
3. Income Proof:
   • Salaried: Latest salary slips (3 months) and Form 16.
   • Self-employed: IT Returns (2 years), business financials, and bank statements.

How to Apply for the ICICI Bank Emeralde Private Metal Credit Card?

1. Visit the ICICI Bank website or mobile app.
2. Click on the “Apply Now” option for the Emeralde Private Metal Credit Card.
3. Fill in your personal and financial details in the application form.
4. Submit the form and await confirmation and approval from ICICI Bank.

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