ICICI Bank
ICICI Rubyx Credit Card
This is an invite only card
Top Benefits
Welcome Vouchers Worth Over ₹5,000
from Tata CLiQ, Tata Croma, EazyDiner, EaseMyTrip
Get Discount of 25% up to ₹150 off
on movie tickets each on BookMyShow and INOX, twice a month
Best For
Shopping
Dining
Travel
Utility Bills
The ICICI Rubyx Credit Card sits firmly in the premium lifestyle category, offering a strong mix of tra...
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The ICICI Rubyx Credit Card sits firmly in the premium lifestyle category, offering a strong mix of tra...
The ICICI Rubyx Credit Card sits firmly in the premium lifestyle category, offering a strong mix of travel, entertainment, and everyday reward benefits. If you want a card that covers multiple bases rather than specializing in just one category, this card deserves your attention. The standout feature is its dual-network flexibility, as it is issued on VISA, Mastercard, and RuPay platforms, giving you wide acceptance and varied network-specific perks.
Targeted at mid-to-high income professionals, the card requires a monthly salary of Rs. 75,000. For a joining fee of Rs. 3,000, you receive welcome vouchers worth Rs. 5,000, immediately giving you more value than your initial cost. This card works great for people who travel occasionally, enjoy weekend movies, and want to accumulate reward points on international and domestic spending without navigating complex redemption rules.
View FAQ
Commonly Asked Questions
Is the ICICI Rubyx Credit Card lifetime free?
No, the card comes with a joining fee of Rs. 3,000 and an annual fee of Rs. 2,000. However, the annual fee is waived if you spend Rs. 3 lakh or more in the previous year.
Is this a good credit card for daily use?
Yes, it serves well as a daily driver. You earn 2 reward points on every Rs. 100 spent domestically and get strong entertainment perks like 25% off on movie tickets twice a month.
Is it a good first card for building credit?
Given the strict eligibility criteria requiring a minimum salary of Rs. 75,000 and a CRIF credit score of 720, this is not suited for first-time credit builders. It works better as a step-up card for those with an established credit history.
Who should apply for this card?
Salaried professionals earning at least Rs. 75,000 per month who want a mix of lounge access, movie discounts, and solid welcome benefits. It perfectly suits those who spend around Rs. 25,000 monthly to hit the annual fee waiver target.
What makes this different from other lifestyle cards?
The most unique aspect is its availability across VISA, Mastercard, and RuPay networks. The RuPay variant specifically adds a Personal Accident Insurance cover of Rs. 2 lakh, and the generous welcome vouchers worth Rs. 5,000 easily offset the initial joining fee.
Expert Review
In my experience analyzing premium credit cards, the ICICI Rubyx Credit Card sits in an interesting middle ground. I appreciate the massive welcome value; getting Rs. 5,000 in lifestyle vouchers for a Rs. 3,000 fee is an immediate win for the consumer. Furthermore, the dual-network availability provides flexibility that many single-network cards lack, and the 25% movie ticket discount is highly practical for weekend entertainment.
However, the reward rate is distinctly underwhelming. Earning just 2 points (valued at Rs. 0.50 total) for every Rs. 100 spent domestically means your everyday return is merely 0.5%. When you factor in the strict exclusions—no points on rent, fuel, education, or EMI—and the Rs. 99 reward redemption fee, extracting long-term value from spending alone requires effort.
My verdict? Get this card if you comfortably earn over Rs. 75,000, value the welcome vouchers, and travel domestically enough to use the 8 railway and 8 airport lounge accesses a year. If you want high, straightforward cashback on your daily grocery or utility spends, you will find better value in dedicated cashback cards.
Joining / Annual Fee
Joining Fees
₹3,540 ( ₹3000 + GST )
Annual Fees
₹2,360 ( ₹2000 + GST )
Understanding the cost of holding the ICICI Rubyx Credit Card is crucial before applying. This card car...
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Understanding the cost of holding the ICICI Rubyx Credit Card is crucial before applying. This card car...
Understanding the cost of holding the ICICI Rubyx Credit Card is crucial before applying. This card carries premium fees, but it offers realistic ways to offset them.
The upfront joining fee is Rs. 3,000 plus applicable taxes. While this might seem steep, remember that the bank provides welcome vouchers worth Rs. 5,000 upon paying this fee and completing a Rs. 100 transaction within 30 days. Essentially, the welcome bonus effectively neutralizes your first-year cost.
From the second year onward, the card carries an annual renewal fee of Rs. 2,000 plus taxes. However, the bank offers a straightforward fee waiver program. If you spend Rs. 3 lakh or more on the card during the previous year, the entire Rs. 2,000 fee is waived. To hit this Rs. 3 lakh target, you need to average exactly Rs. 25,000 in card spends every month. For a professional earning over Rs. 75,000 monthly, routing groceries, utility bills, and occasional travel through the card makes this waiver easily achievable.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The one-time joining fee is Rs. 3,000 plus applicable GST, charged in your first billing statement.
Is the joining fee one-time or recurring?
The joining fee of Rs. 3,000 is a one-time charge. For subsequent years, an annual renewal fee applies instead.
Can the joining fee be waived?
There is no direct waiver for the joining fee. However, the Rs. 5,000 worth of welcome vouchers provides more value than the fee itself.
Is there a welcome bonus to offset the joining fee?
Yes, upon paying the fee and making a minimum Rs. 100 transaction in the first 30 days, you receive Rs. 5,000 in vouchers from brands like Tata CLiQ and EaseMyTrip.
What is the annual or renewal fee?
From the second year onwards, an annual fee of Rs. 2,000 plus GST is charged to your account.
From when is the annual fee charged?
The annual fee is charged at the end of your 12-month card membership cycle, on your card anniversary month.
Is there an annual fee waiver option?
Yes, the annual fee of Rs. 2,000 is completely waived if you spend Rs. 3 lakh or more in the preceding year.
What is the spending requirement for the annual fee waiver?
You need to spend Rs. 3 lakh annually. For example, spending roughly Rs. 25,000 every month ensures you easily hit this milestone.
What happens if I don't meet the fee waiver spending requirement?
If you spend less than Rs. 3 lakh in the year, the full Rs. 2,000 fee plus applicable taxes will be added to your anniversary billing statement.
Are EMI conversions included in the fee waiver spend calculation?
Amounts converted to EMI at the time of purchase count toward the Rs. 3 lakh annual waiver threshold, though post-purchase EMI conversions are generally excluded.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
9LPA
Credit
Rating*
720+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
Securing the ICICI Rubyx Credit Card requires a stable and fairly high income profile. The bank has str...
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Securing the ICICI Rubyx Credit Card requires a stable and fairly high income profile. The bank has str...
Securing the ICICI Rubyx Credit Card requires a stable and fairly high income profile. The bank has strict guidelines regarding age, income, and credit history to ensure cardholders can manage a premium credit line.
For age requirements, the primary applicant must be at least 21 years old. Salaried applicants can apply up to the age of 60, while self-employed business owners have an extended upper age limit of 65 years.
Income requirements are clearly defined. If you are a salaried employee, you must demonstrate a minimum monthly income of Rs. 75,000. That translates to roughly Rs. 9 lakh annually. If you run your own business or are a self-employed professional, the bank requires an annual income proof of Rs. 9,00,000.
A strong credit history is mandatory. You need a minimum CRIF credit score of 720 (for both salaried and self-employed applicants). If your score falls below 720, or if you have recent defaults on your credit report, your application will likely face rejection despite meeting the income criteria.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old to be eligible for the ICICI Rubyx card.
What is the maximum age limit for the primary cardholder?
The upper age limit is 60 years for salaried individuals and 65 years for self-employed professionals.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum monthly income of Rs. 75,000 to qualify for this card.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must demonstrate an annual income of at least Rs. 9,00,000.
Can self-employed individuals apply for this card?
Yes, both salaried and self-employed individuals are eligible to apply, provided they meet their respective income thresholds.
What credit score (CRIF/CIBIL) is needed for approval?
A minimum credit score of 720 is required for smooth approval. Applications with scores below this mark may face immediate rejection.
Do I need to be an Indian citizen to apply?
The card is available to Resident Indians; non-residents must provide additional collateral or hold an active NRE/NRO account with the bank to be considered.
Can NRIs (Non-Resident Indians) apply for this card?
NRIs can apply by providing proof of income in their country of residence and meeting a higher annual income threshold of Rs. 12 lakh to Rs. 15 lakh.
Can I get add-on cards for family members?
You can apply for up to three add-on cards for your parents, spouse, or children above 18 years of age at no additional joining or annual cost.
Can I check my eligibility without affecting my credit score?
Yes, doing a basic eligibility check on the bank's portal involves a soft pull that does not impact your credit score. A hard inquiry happens only upon final submission.
All Card Benefits
- Earn 4 RP per ₹100 on international spends
- Earn 2 RP per ₹100 on domestic spends
- Earn 1 RP per ₹100 on utility & insurance spends
- 3,000 RP on ₹3 lakh annual spend + 1,500 RP per additional ₹1 lakh
- 1 complimentary golf round per ₹50,000 monthly spend (max 2 per month)
Welcome Benefits
When you pay the initial joining fee of Rs. 3,000, the bank welcomes you with shopp...
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Welcome Benefits When you pay the initial joining fee of Rs. 3,000, the bank welcomes you with shopp...
Welcome Benefits
When you pay the initial joining fee of Rs. 3,000, the bank welcomes you with shopping and travel vouchers worth Rs. 5,000. These vouchers cover popular lifestyle brands including Tata CLiQ, Tata Croma, EazyDiner, and EaseMyTrip. For example, if you plan to buy electronics or book a flight, using these vouchers immediately puts you Rs. 2,000 ahead of the joining fee cost. Remember, you must make a minimum transaction of Rs. 100 within 30 days to activate the card and become eligible for these rewards.
Reward Points Structure
The ICICI Rubyx Credit Card offers a straightforward point accumulation system. You earn 4 reward points for every Rs. 100 spent internationally. On domestic spending, you earn 2 reward points per Rs. 100. For utility and insurance spends, the rate drops to 1 reward point per Rs. 100. Since each point is worth Rs. 0.25, spending Rs. 50,000 on a foreign trip earns you 2,000 points, which equals Rs. 500 in direct value.
Movie and Entertainment Benefits
If you love catching movies on the weekend, this card delivers solid savings. You get a 25% discount, up to Rs. 150, on movie tickets booked through BookMyShow and INOX. You can use this benefit twice a month. Let us look at the math: if you buy two tickets worth Rs. 600, a 25% discount saves you Rs. 150. Maxing this out twice a month saves you Rs. 300 monthly, or Rs. 3,600 over the year.
Airport and Railway Lounge Access
The ICICI Rubyx Credit Card provides strong support for domestic travelers. You receive 2 complimentary domestic airport lounge visits every quarter, making airport layovers much more comfortable. Additionally, if you prefer train travel, the card offers 8 complimentary railway lounge accesses annually. This combination ensures you have a quiet place to sit and eat regardless of how you travel within India.
Fuel and Insurance Benefits
Drivers benefit from a 1% fuel surcharge waiver on transactions ranging between Rs. 400 and Rs. 4,000 at petrol pumps. If you fill up for Rs. 2,000, the Rs. 20 surcharge is waived automatically. On the security front, the card provides significant peace of mind with Air Accident Insurance cover up to Rs. 1 Crore. Furthermore, if you hold the RuPay variant of the card, you get an additional Personal Accident Insurance Cover of Rs. 2 lakh.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You must pay the joining fee of Rs. 3,000 and complete your first transaction of at least Rs. 100 within 30 days of card activation. Failing to do this means you will not be eligible for the welcome rewards.
When will I receive the welcome benefit after card activation?
Welcome vouchers are credited to your account or sent via email within 30 to 45 days after you pay the joining fee and meet the initial spending requirement. If the vouchers do not arrive within this window, you can raise a service request via the iMobile app for immediate resolution.
Is there a minimum transaction amount for the welcome bonus?
Yes, a strict minimum transaction of Rs. 100 within the first 30 days is mandatory. A simple mobile recharge or grocery purchase will clear this requirement easily.
What is the exact value of the welcome benefit?
The welcome package includes assorted vouchers from Tata CLiQ, Tata Croma, EazyDiner, and EaseMyTrip, totaling a value of Rs. 5,000.
Can I renew the welcome benefits for free next year?
No, these are one-time welcome vouchers provided during the first year of card membership. They do not recur in subsequent years.
What is the standard reward rate on this card?
You earn 2 reward points for every Rs. 100 spent domestically. Since each point equals Rs. 0.25, this translates to an effective return of 0.5% on your everyday local purchases.
How many reward points do I earn on international spends?
You earn an accelerated 4 reward points for every Rs. 100 spent in foreign currencies. For example, spending Rs. 10,000 internationally yields 400 points.
What is the value of 1 reward point in rupees?
Each reward point is valued exactly at Rs. 0.25. Therefore, you need 4 reward points to equal 1 Rupee in redemption value.
Which transactions are excluded from earning reward points?
Transactions like rent payments, fuel, wallet loads, government payments, and EMI conversions are completely excluded. You will not earn any points on these categories.
Do I earn points on fuel purchases?
No, fuel purchases are explicitly listed in the exclusion categories. You do not earn reward points when swiping at petrol pumps, though you may get a surcharge waiver.
Do I earn points on utility bill payments?
Yes, but at a reduced rate. You earn 1 reward point for every Rs. 100 spent on utility bills, giving you an effective return of 0.25%.
Do I earn points on rent payments?
No, rent payments are strictly excluded from earning reward points. Additionally, the bank charges a 1% fee on rent transactions.
Do I earn points on insurance premium payments?
The card features state you earn 1 point per Rs. 100 on insurance, though life insurance premiums often fall under exclusion codes. You should assume only general insurance payments qualify for this rate.
Are there any bonus reward points for annual spending milestones?
This card focuses on per-transaction reward rates and does not offer additional milestone bonus reward points for hitting specific annual spending targets.
How can I redeem my reward points?
You can redeem points for categories like Health & Beauty, Travel & Luggage, Shopping Vouchers, and Electronics through the official ICICI reward portal.
Is there a minimum point balance required for redemption?
The minimum redemption threshold is 2,000 reward points, which provides a redemption value of Rs. 500.
Is there a fee for redeeming my reward points?
Yes, the bank charges a reward redemption handling fee of Rs. 99 plus applicable GST every time you place a redemption request.
How much discount do I get on movie tickets?
You get 25% off on your ticket price, capped at a maximum discount of Rs. 150 per transaction.
Which platforms support the movie discount?
You can apply this discount when booking tickets through BookMyShow and the official INOX platform.
How many times can I use the movie discount?
You can take advantage of the movie ticket discount twice a month.
Do I get discounts on food and beverages at the cinema?
The 25% discount applies specifically to the movie ticket price; food and beverage combos do not qualify for this discount unless they are part of a separate platform-specific promotional offer.
How many airport lounge visits do I get?
You receive 2 complimentary visits to domestic airport lounges per quarter, totaling 8 visits per year.
Does this card offer international lounge access?
No, the complimentary access is limited to domestic airport lounges. Frequent international travelers should consider the ICICI Sapphiro or Emerald variants for global lounge network access.
How many railway lounge visits are included?
The card offers 8 complimentary railway lounge accesses annually across supported railway stations in India.
Are there any spend-based criteria to access lounges?
To qualify for complimentary lounge access, you must spend at least Rs. 35,000 in the previous calendar quarter.
What is the minimum amount for the fuel surcharge waiver?
You must swipe your card for at least Rs. 400 to trigger the 1% fuel surcharge waiver.
Is there a maximum limit for fuel transactions to get the waiver?
Yes, the waiver only applies to individual fuel transactions up to Rs. 4,000. Amounts above this will attract the standard surcharge.
What insurance coverage comes with this card?
You get complimentary Air Accident Insurance cover up to Rs. 1 Crore. The RuPay variant specifically adds a Rs. 2 lakh Personal Accident cover.
Does the insurance require me to book my flights with this card?
To claim the complimentary air accident cover, you must purchase the flight ticket using your ICICI Rubyx Credit Card.
Milestone Benefits
3000 reward points(Worth ~ ₹750)
Spend ₹3,00,000 in 365 days
1000 reward points(Worth ~ ₹250)
Spend ₹1,00,000 in 365 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.25
Redemption Options
- Health & Beauty
- Travel & Luggage
- Shopping Voucher
- Home Appliances
- Electronics
- Fashion & Lifestyles
To check redemption catalogue
Turning your accumulated reward points into tangible value is simple with the ICICI Rubyx Credit Card, ...
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Turning your accumulated reward points into tangible value is simple with the ICICI Rubyx Credit Card, ...
Turning your accumulated reward points into tangible value is simple with the ICICI Rubyx Credit Card, though it requires a bit of manual effort compared to auto-cashback cards. You manage all redemptions through the dedicated ICICI rewards portal (https://www.icici.bank.in/ishop).
Every reward point you earn is valued at Rs. 0.25. If you have gathered 10,000 points from your daily spends, you possess Rs. 2,500 in purchasing power. You can browse the portal to select redemptions across multiple categories: Health & Beauty, Travel & Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion & Lifestyles.
Be aware that the bank charges a reward redemption handling fee of Rs. 99 (plus GST) every time you submit a redemption request. Therefore, it is wise to wait until you have accumulated a large batch of points rather than making multiple small redemptions, as the Rs. 99 fee applies per request, eating into your value if you redeem too frequently.
View FAQ
Commonly Asked Questions
How do I redeem the reward points I have earned?
You need to log into the ICICI bank portal or app, navigate to the rewards section, and access https://www.icici.bank.in/ishop to choose your preferred items or vouchers.
Is there a fee for redeeming my rewards?
Yes, the bank charges a flat reward redemption handling fee of Rs. 99 plus applicable GST for every redemption request you submit.
What can I redeem my reward points for?
You can select items from various catalog categories including Health & Beauty, Travel & Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion & Lifestyles.
What is the value I get when I redeem reward points?
Every 1 Reward Point is worth Rs. 0.25. For example, if you wish to redeem a shopping voucher worth Rs. 1,000, it will cost you 4,000 reward points.
How long does it take for redeemed vouchers to reach me?
E-vouchers are delivered to your registered email and mobile number within 48 to 72 hours of placing the redemption request.
Is there a minimum points balance needed before I can redeem?
A minimum balance of 2,000 reward points is required to initiate a redemption request on the iShop portal.
Do my reward points expire?
Reward points on this card remain valid for 3 years from the date of accumulation before they expire.
What happens to my unredeemed points if I close the card?
If you close your card account, any unredeemed reward points are forfeited immediately. You must redeem your full balance before initiating a closure request.
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel
EMI
Wallet Load
Rent & Property
Government Payments
Education Payments
Credit Balance Refund
Bank Charges & Fees
Reversal Transactions
Cancelled Transactions
Cash Advances
Dynamic Currency Conversion
Interest Charges
Payment of Card Fees
Insurance Premium
For Spends Waiver
Rent payment
Fuel
Insurance
EMI Transactions
Cash Withdrawals
Jewellery
School & Educational Services
Government related transactions
Wallet transactions
Load money
Fees
GST charges
All Reversals
Gambling
Tolls
Security Broker Services
Charity
Railways
Utility Bill Payments
Balance Transfer
Financial Charges
The ICICI Rubyx Credit Card has an extensive list of merchant categories and transaction types that wil...
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The ICICI Rubyx Credit Card has an extensive list of merchant categories and transaction types that wil...
The ICICI Rubyx Credit Card has an extensive list of merchant categories and transaction types that will not earn you a single reward point. Knowing these exclusions prevents unpleasant surprises when reviewing your monthly statement.
You will not earn points on rent payments, fuel, wallet loads, EMI conversions, cash advances, or government payments. Paying school fees, utility bills (sometimes grouped under exclusions despite earning 1 RP elsewhere, so check the specific merchant code), insurance premiums, and jewelry purchases also yield zero points. Furthermore, administrative transactions like balance transfers, paying bank charges, late fees, cancelled transactions, and reversals offer no rewards.
The real-world impact is significant. If you use this card to pay Rs. 30,000 for your child's school fees, transfer Rs. 10,000 to a mobile wallet, and pay Rs. 20,000 in rent, that Rs. 60,000 total spend will earn exactly zero reward points. You must route your spending to valid retail, dining, and online shopping categories to maximize point accumulation.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Excluded categories include rent, fuel, EMI transactions, wallet loading, school and educational services, government payments, jewelry, cash withdrawals, and gambling.
Does paying rent with this card earn reward points?
No, rent payments are strictly excluded from reward points. Furthermore, rent transactions attract a 1% processing fee.
Are fuel transactions excluded from earning rewards?
Yes, fuel transactions do not earn any reward points, though they are eligible for the 1% surcharge waiver between Rs. 400 and Rs. 4,000.
Are education or school fee payments excluded from earning rewards?
Yes, school and educational services are explicitly listed in the exclusion categories. Swiping for tuition will not yield reward points.
Do wallet top-ups earn rewards on this card?
No, wallet transactions and loading money into prepaid instruments are excluded from reward accumulation.
Are insurance premium payments excluded from rewards?
Expect zero points on premium payments for LIC and other major insurers, as life insurance premiums are classified under the specific exclusion code.
What happens if I accidentally make a payment in an excluded category? Do I lose all rewards?
No, you do not lose your existing rewards. The specific excluded transaction will simply process without generating any new points for that purchase.
Does converting a purchase into EMI cancel the rewards?
Yes, EMI transactions are listed in the exclusions. If you buy a Rs. 50,000 laptop and convert it to EMI, you will not earn points on that purchase.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid | 3.75% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request. | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals. | 1.80% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees No cheque payment fee is charged | Not Applicable |
Cash Payment Fees ₹150 cash payment fee per deposit | ₹150 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | 0 |
| ₹501 - ₹1000 | ₹100 |
| ₹1001 - ₹5000 | ₹500 |
| ₹5001 - ₹10000 | ₹600 |
| ₹10001 - ₹25000 | ₹750 |
| ₹25001 - ₹50000 | ₹900 |
| ₹50000 and above | ₹1100 |
Understanding the exact costs attached to the ICICI Rubyx Credit Card ensures you never pay unexpected ...
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Understanding the exact costs attached to the ICICI Rubyx Credit Card ensures you never pay unexpected ...
Understanding the exact costs attached to the ICICI Rubyx Credit Card ensures you never pay unexpected penalties. Let us break down every fee applied by the bank with practical examples showing the real financial impact.
1. Joining Fee: The bank charges a one-time joining fee of Rs. 3,000 plus applicable taxes. There is no direct waiver for this amount. However, you receive welcome vouchers worth Rs. 5,000 upon paying it, effectively giving you Rs. 2,000 in profit over the cost.
2. Annual or Renewal Fee: From the second year, an annual fee of Rs. 2,000 plus taxes applies. The bank waives this fee if you spend Rs. 3 lakh or more in the previous year. For example, if you spend Rs. 25,000 every month on groceries, utilities, and shopping, you will hit Rs. 3 lakh over 12 months, and your Rs. 2,000 fee drops to zero.
3. APR or Interest Rate: The data shows the interest rate as "Not applicable — total amount must be paid in full or converted to EMI." This indicates a strict repayment structure. If you spend Rs. 10,000, you must either pay the full Rs. 10,000 by the due date or convert it to a structured EMI plan. The card does not permit carrying an outstanding balance with standard revolving interest.
4. Late Payment Charges: Missing your due date incurs severe penalties based on your outstanding amount. The slabs are: Rs. 0 (for balances up to Rs. 100), Rs. 100 (for Rs. 100-500), Rs. 750 (for Rs. 500-5,000), Rs. 1,500 (for Rs. 5k-10k), Rs. 3,000 (for Rs. 10k-20k), and Rs. 6,000 (for any amount above Rs. 20k). If you forget to pay a Rs. 12,000 bill, the bank will add a Rs. 3,000 late fee to your next statement.
5. Foreign Transaction or Forex Markup Fee: A 3.5% forex markup fee applies whenever you swipe the card in a foreign currency or shop online from an international merchant. For example, if you buy a software subscription online billed at USD 100 (roughly Rs. 8,300), the 3.5% fee adds about Rs. 290 to your cost.
6. ATM Cash Withdrawal Fee: Withdrawing cash from an ATM using this card is expensive. The bank charges a flat Rs. 199 fee per domestic cash withdrawal. While there is 0% interest until the due date (up to 45 days), pulling out Rs. 5,000 in an emergency still costs you Rs. 199 upfront just for the transaction.
7. Rent Payment Convenience Fee: Paying rent via credit card incurs a 1% fee on the transaction amount, subject to GST and platform charges. If you use a third-party app to pay a monthly rent of Rs. 20,000 using this card, the bank adds a Rs. 200 fee, making it an unrewarding endeavor since rent payments also earn zero reward points.
8. Railway Surcharge: When booking train tickets, you incur a 1% fee beyond Rs. 25,000 in Passenger Railway spends per statement cycle. If you book bulk family tickets worth Rs. 30,000 in one month, the amount exceeding the limit (Rs. 5,000) attracts a Rs. 50 surcharge.
9. Cash Payment Fee: The bank does not charge any cash payment fee. If you prefer to walk into a branch and deposit cash to clear your credit card bill, you can do so without extra bank charges.
10. Cheque Payment Fee: No cheque payment fee is charged. Dropping a cheque in the bank's drop box to clear your dues incurs zero processing fees from the credit card department.
11. Reward Redemption Fee: Every time you want to convert your points into vouchers or products, you must pay a reward redemption handling fee of Rs. 99 plus GST. If you redeem points for a Rs. 500 voucher, the Rs. 99 fee practically wipes out 20% of your reward value, meaning you should only redeem in large batches.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 3,000 + GST |
| Annual / Renewal Fee | Rs. 2,000 + GST (Waived on Rs. 3L spend) |
| Interest Rate (APR) | Not applicable (Must pay in full or EMI) |
| Forex Markup Fee | 3.5% of transaction amount |
| Late Payment Charges | Ranges from Rs. 0 to Rs. 6,000 based on outstanding balance |
| Cash Withdrawal Fee | Rs. 199 per domestic withdrawal |
| Rent Payment Fee | 1% of transaction amount |
| Reward Redemption Fee | Rs. 99 + GST per request |
| Railway Surcharge | 1% on railway spends beyond Rs. 25,000/cycle |
| Cash / Cheque Payment Fee | Nil |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is Rs. 3,000 plus applicable taxes, billed in your first statement.
What is the annual or renewal fee?
The annual renewal fee is Rs. 2,000 plus taxes, applicable from the second year onwards.
Is there an annual fee waiver based on spending?
Yes, if you spend Rs. 3 lakh or more in a year, the Rs. 2,000 annual fee is waived by the bank.
How can I get this card lifetime free?
Lifetime free offers are available to employees of Category-A corporate firms who maintain a salary account relationship with ICICI Bank.
What is the interest rate (APR) if I don't pay my full balance?
The card requires total amounts to be paid in full or converted to EMI. Standard revolving interest (APR) is not applicable.
How is the interest calculated on outstanding balances?
Standard revolving interest is not applicable; you must pay the balance entirely or convert high-value transactions into structured EMIs at the bank's offered interest rates.
What are the late payment charges?
Late fees are tiered: Rs. 0 (up to Rs. 100), Rs. 100 (up to Rs. 500), Rs. 750 (up to Rs. 5k), Rs. 1,500 (up to Rs. 10k), Rs. 3,000 (up to Rs. 20k), and Rs. 6,000 for amounts above Rs. 20,000.
What is the forex markup for international transactions?
The card charges a 3.5% forex markup fee on all transactions processed in a foreign currency. For example, spending USD 100 adds around Rs. 290 in fees.
Can I withdraw cash using my credit card?
Yes, but the bank charges a flat Rs. 199 fee per domestic cash withdrawal.
Are there fees for paying rent with this card?
Yes, rent payments attract a 1% processing fee on the transaction amount.
Is there a fee for paying my bill in cash?
No, the bank does not charge any fee if you pay your credit card bill using cash at a branch.
What are the charges for cheque payment of bills?
No cheque payment fee is charged by the bank for clearing your dues.
What happens if my payment cheque bounces?
A cheque bounce attracts a penalty fee of Rs. 500 plus GST, which is added to any applicable late payment charges on your statement.
Are there charges for railway ticket bookings?
Yes, a 1% surcharge applies on passenger railway spends that exceed Rs. 25,000 in a single statement cycle.
Is there a fee to redeem my reward points?
Yes, every time you initiate a redemption request on the portal, a fee of Rs. 99 plus GST is charged to your card.
Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
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Commonly Asked Questions
What basic identity documents are required?
You need a valid PAN card for financial tracking and an Aadhaar card for KYC verification.
What address proof is accepted?
Your Aadhaar card serves as primary address proof. If your current address differs, you can submit utility bills, passport, or a registered rent agreement.
What income proof do salaried applicants need?
Salaried individuals must provide their latest 2 months' salary slips and their most recent bank statement showing salary credits.
What income proof is required for self-employed applicants?
Self-employed professionals must submit their latest Income Tax Return (ITR) computing an annual income of at least Rs. 9,00,000, along with business proofs.
Do I need to submit physical copies of my documents?
If you opt for Video KYC, you only need to show your original physical PAN card to the camera. Document uploads handle the rest digitally.
What size photograph is required for offline applications?
One recent passport-sized color photograph is required for physical applications submitted at a branch.
Who Should Get This Card?
Determining if the ICICI Rubyx Credit Card fits your wallet depends on how your spending aligns with its reward structure. Let us break down who benefits most and who should look elsewhere.
The Corporate Traveler Persona: If you are a mid-level manager earning Rs. 80,000 a month who takes 3-4 domestic flights a year for meetings, this card is excellent. You comfortably meet the Rs. 75,000 salary requirement. You will use the 2 quarterly lounge accesses, easily hit the Rs. 3 lakh waiver limit, and enjoy weekend movies with the 25% discount.
The E-Commerce Shopper Persona: If you buy electronics, clothes, and appliances online frequently, the Rs. 5,000 welcome vouchers from Tata CLiQ and Tata Croma give you immediate massive value. You can offset your first-year fee instantly.
Who Should NOT Get This Card: If you are looking for pure, direct cashback on groceries, or if you earn less than Rs. 75,000 a month, look away. Furthermore, if you travel internationally frequently, the lack of international lounge access and the standard 3.5% forex markup makes this card uncompetitive compared to travel-specific cards.
Credit Limit and What to Expect
Your credit limit on the ICICI Rubyx Credit Card is not a fixed number; it is customized based on the financial profile you present during the application. For a card demanding a Rs. 75,000 monthly salary, you can expect a starting credit limit that accommodates lifestyle and travel spending comfortably. Consistent usage and timely repayments can lead to limit enhancement offers over time.
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Commonly Asked Questions
What starting credit limit can I expect?
Applicants earning the required Rs. 75,000 monthly receive starting credit limits ranging between Rs. 1,50,000 to Rs. 3,00,000.
Can I request a higher limit immediately after approval?
Initial limits are fixed based on your underwriting profile. You must use the card responsibly for at least 6 months before you become eligible for a limit increase request.
Will checking my available limit cost me money?
No, checking your credit limit through the mobile app, net banking, or ATM is entirely free.
What happens if I spend more than my credit limit?
Transactions exceeding your limit attract an over-limit penalty fee of 2.5% of the over-limit amount, subject to a minimum of Rs. 500.
Does my credit limit decrease if I don't use the card?
Prolonged inactivity can lead the bank to lower your limit for security reasons. Consistent usage, even for small amounts, maintains your approved limit.
Can I set my own daily spending limits?
Yes, RBI regulations mandate that you can set and modify your daily domestic, international, and contactless transaction limits directly through the bank's mobile app.
How to Apply?
Getting your hands on the ICICI Rubyx Credit Card involves a straightforward digital process. You can start the application on the official ICICI Bank website or through verified partner platforms. Ensure you have your PAN card, Aadhaar card, and the latest income documents (salary slips or ITR) ready before starting.
The bank heavily utilizes Video KYC (VKYC) to verify applications rapidly. During the VKYC call, an executive will confirm your identity via camera. A crucial rule for this process: you must physically be within 50 kilometers of the residential address you provided on the application. If your GPS location shows you further away, the VKYC will fail, and you will have to undergo physical document verification.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply online via the ICICI Bank official website, mobile banking app, or partner platforms, as well as offline at any ICICI branch.
What is Video KYC and is it mandatory?
Video KYC is a digital verification process where an agent verifies your original PAN card over a video call. It is the fastest route for approval, though physical KYC remains a fallback option.
Are there geographic restrictions for Video KYC?
Yes, you must be within a 50 km radius of your registered residential address when conducting the Video KYC call, otherwise the system will reject the session.
How can I track my application status?
Once you apply, you will receive an Application ID. You can enter this ID on the bank's track application page to see real-time updates.
How long does the approval process take?
Following a successful Video KYC, the bank processes and approves eligible applications within 5 to 7 working days.
What happens if my Video KYC fails?
If your VKYC fails due to network issues or location restrictions, a bank representative will contact you to arrange physical document collection.
That’s the full story of this credit card
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Top Benefits
Top Benefits
Welcome Vouchers Worth Over ₹5,000
from Tata CLiQ, Tata Croma, EazyDiner, EaseMyTrip
Get Discount of 25% up to ₹150 off
on movie tickets each on BookMyShow and INOX, twice a month
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