ICICI Bank Times Black Credit Card
ICICI Times Black is a luxury lifestyle card focused on premium dining, entertainment, and curated experiences. It also offers travel privileges, lounge access, and premium concierge services for high-net-worth customers.
- Issuer
- ICICI Bank
- Card type
- Rewards Card
- Category
- Luxury, Travel & Lifestyle
- Joining fee
- ₹20,000 + GST
- Annual fee
- ₹20,000 + GST
- Rewards currency
- Reward Points
Highlights
- ₹10,000 EaseMyTrip Hotel Voucher and other welcome privileges Zomato Gold membership.
- Value back of ~2 % on domestic spends and 2.5 % on international spends with 1 % fuel surcharge waiver.
- Milestone benefits worth ₹10,000 each for Klook experiences, airport transfers and Tata CLiQ vouchers, plus a complimentary night at Ayatana Resorts on high spend.
- Annual fee waived when you spend ₹25 lakh in a membership year.
- Unlimited domestic and international lounge access for primary and add‑on cardholders.
Welcome, annual & renewal benefits
- The card charges a joining and renewal fee of ₹20,000 + GST.
- Spending ₹25 lakh in the membership year waives the renewal fee
- As joining benefit you get ₹10,000 EaseMyTrip Hotel Voucher, ₹3,000 Toni & Guy Voucher and Zomato Gold Membership
- You also get some more vouchers but they are not worth counting as real benefits
Reward earning
| Spend type | Earn rate | Cap |
|---|---|---|
| General spends | 2% Reward Points | - |
| Flight Bookings via iShop | 12% Reward Points | 15,000 Reward Points |
| Gift Vouchers via iShop | 12% Reward Points | 15,000 Reward Points |
| Hotel Bookings via iShop | 24% Reward Points | 15,000 Reward Points |
| Forex spends | 2.5% Reward Points | - |
- Reward points worth roughly 3 % can be redeemed for flights, hotels or merchandise.
- 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 : 1 air mile ratio.
| Channel | Value |
|---|---|
| iShop flights & hotels | 1 RP = ₹1 |
| Statement credit | 1 RP = ₹0.40 |
Milestone benefits
- ₹10,000 Klook voucher on annual spend of ₹2 Lac.
- ₹Luxury sedan airport transfers spend of ₹5 Lac.
- ₹10,000 Tata CLiQ Luxury voucher on annual spend of ₹10 Lac.
- ₹20,000 Stay Voucher from Ayatana spend of ₹20 Lac.
Lounge, Travel & lifestyle
- Unlimited domestic and international lounge access for cardholder and companions.
- Low forex markup of 1.49 % for overseas purchases.
- 1 % fuel surcharge waiver up to ₹500 per month.
Review
For those who are not elegible for other premium cards may consider this but fees seems too high for the benefits you get. Yes it gives a lot of voucher to offset the fee but is that enough? Maybe.'
- Reward rate of 2% is too low for a ₹20,000 fee card.
- 24% return rate on Hotels and 12% on fligts and voucher through iShop.
- Low forex markup of 1.49%
- iShop has lower conv. fee on Amazon vouchers compared to what HDFC charges on smartbuy