Bank rewards guide
ICICI Bank iShop Rewards
iShop is ICICI Bank’s online shopping and travel portal where card-holders can book flights, hotels, buses or buy shopping vouchers to earn accelerated reward points (up to ~12×) or iCash cashback (up to ~29 %). Offers, caps and categories vary by card tier, and bonus rewards are credited post-settlement.
Issuer
ICICI Bank
Program type
Credit/debit-card partner portal
How to join
No separate enrolment – use an eligible ICICI Bank credit or debit card
Program basics
- Eligibility
- ICICI Bank credit and debit card customers (varies by card tier)
- Portal type
- Aggregator site listing flights, hotels, buses, instant vouchers and other e-commerce offers
- Currency
- Reward Points (for premium cards) or iCash cashback (for others)
- Points validity
- Typically 2 years from credit (varies by card); iCash credited as statement credit
Available partners & categories
iShop supports accelerated earnings on the following types of spends:
- Flights – domestic or international, via partner OTAs
- Hotels – booking via portal partners
- Bus bookings via RedBus or others
- Instant vouchers & e-gift cards – Amazon, Flipkart, Myntra, Croma, Hamleys etc.
- Shopping & consumer electronics via voucher-partners
- Holiday packages and experiences
Which cards earn bonus points or cashback?
iShop distinguishes between premium ICICI cards that earn accelerated reward points (Emeralde Private, Times Black, Emerald, Diamant) and other standard credit/debit cards that earn iCash cashback.
For premium cards, the offer multipliers and caps are higher; for standard cards, cashback rates apply with lower caps.
Accelerated reward and cashback rates
Accelerated earn rates on iShop by card tier and category:
| Card | Card Base Reward Rate | Reward Rate On Flight Booking | Reward Rate On Hotel Booking | Reward Rate On Gift Vouchers |
|---|---|---|---|---|
| ICICI Emeralde Private Metal Credit Card | 3% | 18% | 36% | 18% |
| ICICI Times Black Credit Card | 2% | 12% | 24% | 12% |
| ICICI Emeralde Credit Card | 1% | 6% | 12% | 6% |
| ICICI Diamant World Credit Card | 0.75% | 4.5% | 9% | 4.5% |
| ICICI Other Credit Cards | 0.50% | 3% | 6% | 3% |
| ICICI Co-Branded Credit Cards | Various | 4% | 4% | 4% |
Monthly and voucher-limit caps
Bonus earnings on iShop are subject to monthly caps and limits on voucher redemption:
| Card | Monthly cap | Daily cap | Voucher limit / notes |
|---|---|---|---|
| ICICI Emeralde Private Metal Credit Card | 18,000 Reward Points | 10,000 Reward Points | Top tier – voucher limits vary by partner (₹30k-₹1L typical) |
| ICICI Times Black Credit Card | 15,000 Reward Points | 8,000 Reward Points | Premium tier |
| ICICI Diamant World Credit Card | 12,000 Reward Points | 7,500 Reward Points | High tier |
| ICICI Emeralde Credit Card | 12,000 Reward Points | 7,500 Reward Points | High tier |
| ICICI Other Credit Cards | 9,000 Reward Points | 5,000 Reward Points | Entry/standard cards – cashback variants may have ₹12k/month voucher caps |
| ICICI Co-Branded Credit Cards | 1,100 Reward Points | 1,100 Reward Points | Includes Amazon Pay, MakeMyTrip & other co-brands |
Reward redemption & validity
For premium cards, reward points can be redeemed for flights, hotels, vouchers or transferred to airline/hotel loyalty programmes. iCash is credited as statement credit and reduces outstanding balance.
Points must be redeemed within their validity period (typically ~2 years) and cancelled bookings or returns will reverse bonus earnings.
Important rules & tips
Key things to note when using iShop:
- You must access partner offers via the iShop portal; direct bookings or visits do not qualify for accelerated rewards.
- Bonus reward points or iCash only apply to final settled spend; cancelled transactions reverse the rewards.
- Standard cards may earn only cashback (iCash) not accelerated points.
- Check the voucher partner’s terms — some have separate fees or daily limits.
- Promotional periods may offer higher multipliers (for example 12× or 29 % iCash) but are temporary.