ICICI Sapphiro Credit Card: A Great Companion for Joy

Table of Contents
ICICI Sapphiro Credit Card

Selecting the right credit card is more than a financial decision; it’s a lifestyle choice. The ICICI Sapphiro credit card is gaining attention in the list of premium credit cards. It’s made for people who want elegance as well as utility in their money tools. This credit card review will look at all the different parts of the ICICI Sapphiro credit card, from eligibility to rewards and the costs that come with it. This review aims to give you all the information you need to decide if this card fits how you spend your money and live your life.

ICICI Sapphiro Credit Card: Overview

ICICI Sapphiro Credit Card

Type: Premium credit card
Regular Apr: 40.8% p.a.
Annual Fee: ₹3500 + GST
Foreign Transaction Fee: 3.5%

The ICICI Sapphiro credit card, a product of ICICI Bank, is prominently positioned in the premium credit card market. It’s designed to cater to a specific clientele who seek more than just a transactional tool. This card is not just about paying for purchases; it’s about enriching the overall spending experience.


The ICICI Bank Sapphiro credit card is tailored for individuals with a specific eligibility range.

  • Age Range: 21 to 65 years, accommodating a wide spectrum of individuals from young professionals to seasoned experts.
  • Minimum Monthly Income: ₹125,000 for salaried applicants, ensuring financial stability for managing a premium card.
  • Income Tax Return (ITR): ₹1,500,000 for non-salaried individuals, indicative of consistent financial health.
  • Credit Score: A minimum score of 700, reflecting a responsible credit history and financial discipline.

Rewards and Benefits of ICICI Sapphiro Credit Card

People with the ICICI Sapphiro credit card can enjoy many fun activities that fit their lifestyle and spending habits. Every anniversary year, you can get up to 20,000 ICICI Bank reward points, a nice reward for staying faithful. As a member of the Dreamfolks Program, travelers can enjoy the pleasure of international and domestic trips. Each member can visit two free international airport lounges and the same number of free domestic airport spas yearly.

There are 4 free lounge passes every three months for people who travel a lot within India, as long as they spent at least ₹5,000 in the previous quarter. Golf fans can enjoy their hobby for free with up to 4 rounds every month, depending on how much they spend with their card. This makes it a great companion for joy.

Entertainment benefits are also bountiful; cardholders can buy one movie or event ticket and get up to ₹500 off on the second ticket, redeemable twice monthly through the BookMyShow platform. Furthermore, every purchase is an earning moment with 2 reward points per ₹100 spent on domestic retail purchases. This is doubled to 4 points per ₹100 for international expenditures, maximizing overseas shopping excursions. Even routine payments like utilities and insurance contribute to the rewards tally, with 1 point earned per ₹100 spent.

ICICI Sapphiro Credit Card Fees and Interest

While the ICICI Sapphiro credit card offers many great benefits, it is also important to consider the costs of keeping and using it. Knowing the fees and interest rates helps you manage your money well and get the most out of the card’s features. Below is a list of the costs associated with the ICICI Sapphiro credit card, from the initial joining fee to the annual fees and interest rates.

Joining Fee₹6500 +GST
Renewal Fee₹3500 +GST
Annual Fee₹3500 +GST (waived off on spending more than Rs. 5 lakh in the previous year)
Late Payment FeeUp to ₹100: ₹0
From ₹101 to ₹500: ₹100
From ₹501 to ₹10000: ₹500
Above ₹10000: ₹750
Foreign Transaction Fee3.5%

Pros & Cons

When considering the ICICI Sapphiro credit card, it’s vital to weigh its strengths against its potential drawbacks. Here’s a comparison table between pros and cons:

  • Rewarding system
  • Travel and lifestyle benefits
  • Entertainment offers
  • Insurance cover
  • High fees
  • Steep interest rate
  • Spending requirement for fee waiver

Pros Explained

  • The card rewards spending with points and annual bonuses.
  • Cardholders enjoy complimentary access to lounges and golf, elevating travel and leisure.
  • Users get deals on movie and event tickets, adding value for fun outings.
  • It comes with insurance for travel and purchases, offering extra security.

Cons Explained

  • Joining and annual fees are pretty high, which disadvantages some people.
  • The annual rate is about 40.8%, so that that balancing can be costly.
  • You must spend a lot to avoid the yearly fee, which may not be practical for everyone.

Is ICICI Sapphiro Credit Card Worth Considering?

Credit Card Review

For those who frequently travel and enjoy lifestyle perks, the benefits, like lounge access, golf privileges, and entertainment discounts, can outweigh the costs. Regular reward point earners who can take advantage of the annual bonus points may find this card particularly appealing.

However, the high fees and interest rate could be a dealbreaker for cost-conscious individuals who must spend more to warrant the fee waiver. The card is geared towards spenders who will use enough of the card’s features to make the fees seem reasonable.

Suppose the ICICI Sapphiro credit card’s luxury benefits match your lifestyle and spending, and you pay bills on time to avoid high interest. In that case, it’s an excellent choice for your wallet. Conversely, consider other options if the fees seem too steep or the spending requirements are too high.


1. What is an ICICI Sapphiro credit card?

The ICICI Sapphiro credit card is a premium offering from ICICI Bank. It has rewards, travel, lifestyle, and entertainment benefits tailored for high spenders.

2. How to get an ICICI Sapphiro credit card?

To apply, visit ICICI Bank’s official website or branch, complete the application, and provide the necessary financial documents. Approval depends on meeting the eligibility criteria.

3. Who is suitable for an ICICI Sapphiro credit card?

This card is ideal for those who frequently travel, enjoy lifestyle perks, and can spend enough to utilize the card’s benefits and potentially waive the annual fee.

4. What benefits do new members receive with the ICICI Sapphiro credit card?

New members get welcome rewards, lounge and spa access, golf rounds, entertainment discounts, and more, subject to the current offers at the time of joining.

5. Does the ICICI Sapphiro card have lounge access?

Yes, cardholders enjoy complimentary international and domestic airport lounge visits and domestic airport spa access, enhancing the travel experience.

Related Articles:

Read more: Credit Card Reviews

By FinxpdX Team
By FinxpdX Team
Stay Informed, Invest with Confidence.
Stay updated on market trends and opportunities.
Discover comprehensive, trustable reviews to guide your decision
Explore the latest findings and breakthroughs in our research
Table of Contents
- Advertisement -

Leave us a message