ICICI Bank Sapphiro Credit Card Review
Author And Publisher: Gyro 3.oICICI Bank Sapphiro Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.
Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;
and lead to unnecessary debt. Focus on stability & discipline."
ICICI Bank Sapphiro Credit Card
"Live Premium. Spend Smart"
Introduction
The ICICI Bank Sapphiro Credit Card is a premium lifestyle card designed for high-spending individuals who value travel, entertainment, and luxury perks. Positioned just below the Emeralde in ICICI’s Gemstone Collection, the Sapphiro offers a robust suite of benefits, including airport lounge access, milestone rewards, golf privileges, and exclusive vouchers, making it a compelling choice for affluent professionals and frequent travelers, Here’s a detailed review to help you decide if this card is right for you.
Key Features and Benefits
Welcome Vouchers
- Get Welcome Vouchers from Tata CLiQ, Uber, EaseMyTrip & Tata Croma Up to ₹9,000.
Reward Structure
- Earn reward points on every ₹100 spent—4 points on international, 2 on domestic, and 1 on utilities & insurance.
- Redeem points for a wide range of categories like health & beauty, travel, shopping, home appliances, electronics, and fashion.
Lounge Access
- 2 complimentary international airport lounge accesses annually and 4 complimentary domestic airport lounge accesses quarterly.
Entertainment Perks
- Get a Buy One Get One (BOGO) offer on movie tickets up to ₹500 off on the second ticket through BookMyShow, available twice every month.
Golf Benefits
- Get up to 4 complimentary golf rounds every month.
Milestone Benefits
- Get 4,000 reward points on ₹4 lakh spend & 2,000 for every additional ₹1 lakh spend.
Insurance Cover
- Get Air Accident Insurance cover Up to ₹3 crore.
24x7 Concierge Service
- Get round-the-clock assistance.
Culinary Delights
- Get dining discounts with Culinary Treats Programme.
Fuel surcharge waiver
- Get 1% waiver on fuel transactions of upto ₹4,000 at all fuel pumps.
Fees and Charges
- Joining Fee ₹6,500 + GST.
- Annual Fee ₹3,500 + GST Waived on ₹6 lakh annual spend (exclusions apply).
- Finance Charge 3.75% per month (45% p.a.).
- Foreign Markup 3.5%.
Struggling to keep up with mounting credit card bills?
Card Essential
| Type | Reward Points |
| Welcome Benefits | get Welcome Vouchers Up to ₹9,000*. |
| Annual Fee | ₹6,500 + GST |
| Reward Structure | Rewards On SPENDS |
| Renewal Benefit | Spend ₹6 Lakh+ annually, get your renewal fee waived. |
Rewards and Benefits Analysis
Practical Considerations
- Best for: High spenders, frequent travelers, and those who can utilize lifestyle perks.
- Annual Fee Waiver: Achievable on ₹6 lakh annual spend (excluding rent, wallet loads, and government payments).
- International Use: 3.5% forex markup applies; notify the bank before overseas travel.
- Redemption: Points can be redeemed for a wide range of categories.
Redemption Options
- Redeem points for shopping, travel, luxury products.
- Welcome vouchers for brands like Uber, Croma, and EaseMyTrip.
Ideal User Profile
- Affluent professionals and business owners who spend ₹6 lakh+ annually.
- Frequent flyers and travelers who value lounge access and insurance.
- Golf and dining enthusiasts seeking premium privileges.
- Movie lovers who can maximize BookMyShow offers.
- Users comfortable with a moderate annual fee in exchange for luxury perks and rewards.
Final Thoughts
The ICICI Bank Sapphiro Credit Card is a well-rounded premium card that delivers strong value for high spenders who travel, dine out, and enjoy entertainment. Its suite of lifestyle benefits, milestone rewards, and travel perks make it a top contender in the premium credit card segment. For those who can leverage its features, the Sapphiro offers excellent returns and a touch of luxury.
Additional Tips for Applicants
Eligibility: Age 21–65, minimum monthly income ₹75,000 (salaried) or ₹9 lakh p.a. (self-employed).
- Plan your annual spends to qualify for the annual fee waiver.
- Maximize lounge, golf, and dining benefits for best value.
- Monitor excluded categories to ensure rewards accrue as expected.
This review provides a balanced view of the card's strengths Insurance & Perks and weaknesses, helping readers make informed decisions about whether the ICICI Bank Sapphiro Credit Card aligns with their
spending Habits And Financial Goals.
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