ICICI Bank Emeralde Private Metal Credit Card
ICICI Emeralde Private Metal is an invite-only ultra-premium card offering accelerated rewards, unlimited lounge access, and exclusive lifestyle privileges. This is the best voucher card in India right now.
- Issuer
- ICICI Bank
- Card type
- Rewards Card
- Category
- Travel and lifestyle
- Joining fee
- ₹12,499 + GST
- Annual fee
- ₹12,499 + GST
- Rewards currency
- Reward Points
Highlights
- Taj Epicure membership and 12,500 bonus reward points on joining.
- Earn 6 reward points per ₹200 on all spends (~3 % value back) with caps on certain categories.
- EaseMyTrip vouchers worth ₹3,000 each at ₹4 lakh and ₹8 lakh spends.
- Unlimited domestic and international lounge and golf access for primary and add‑on cardholders.
- Annual fee reversed on spending ₹10 lakh in a year.
Welcome, annual & renewal benefits
The invite‑only card charges a joining fee of ₹12,499 + taxes and the same amount annually. Spending ₹10 lakh in a membership year reverses the renewal fee.
On paying joining or renewal fee, cardholders receive 12,500 bonus reward points.
Reward earning
| Spend type | Earn rate | Cap |
|---|---|---|
| General spends | 6 RP / ₹200 | None |
| Flight Bookings via iShop | 36 RP / ₹200 | 18,000 Reward Points |
| Gift Vouchers via iShop | 36 RP / ₹200 | 18,000 Reward Points |
| Hotel Bookings via iShop | 72 RP / ₹200 | 18,000 Reward Points |
- 5000 RP/statement cap applies on reward accumulation for utilities, education and grocery transactions.
- No rewards on Fuel
Redemption options
Redeem via iShop for maximum value.
- Transfer points to Air India Maharaja Cluba att 1 RP : 0.5 air mile ratio.
| Channel | Value |
|---|---|
| iShop flights & hotels | 1 RP = ₹1 |
| Luxury Brand Vouchers | 1 RP = ₹1 |
| Statement credit | 1 RP = ₹0.40 |
Milestone benefits
- ₹3,000 EaseMyTrip voucher on spending ₹4 lakh and another ₹3,000 voucher on spending ₹8 lakh in a card year.
- Annual fee reversal on crossing ₹10 lakh spend in the previous year.
Lounge, Travel & Lifestyle
- Unlimited domestic and international lounge access via Priority Pass and DreamFolks for primary and add‑on cardholders.
- Unlimited golf rounds and lessons across premium courses.
- Low 2 % forex markup on international transactions (per official sources).
- Complimentary movie tickets and dining privileges through BookMyShow and partner restaurants.
Review
Emerald Private Metal(EPM) is one of the most super premium card that ICICI Bank issues. You would have easily guessed by now that it mostly copies HDFC Infinia. Reward rate of EPM for multiplier category is slightly higher than Infinia with more generous cappings. But we are still waiting for transfer partners to arrive. Nevertheless one should get this card if they are elegible.
- 18% return rate on fligts and voucher through iShop.
- 36% return rate on fligts and voucher through iShop.
- Good Annaual and renewal benefits.
- iShop has lower conv. fee on Amazon vouchers compared to what HDFC charges on smartbuy