ICICI Bank launched the Emeralde Private Metal card in January 2025 with a ₹12,500 annual fee, targeting the HNI segment with unlimited lounge access and golf privileges.
ICICI Bank entered the super-premium metal card segment with the Emeralde Private Metal, launched in January 2025. It competes directly with HDFC Infinia Metal and the Axis Reserve.
Key benefits: - Annual fee: ₹12,500 + GST (joining fee waived on request for select customers) - 6 ICICI reward points per ₹100 spent (1 point = ₹0.25, effective 1.5% base rate) - Unlimited domestic lounge access via Dreamfolks — no spend conditions - 4 international lounge visits per quarter via Priority Pass - Golf: 12 complimentary green fees at select Indian courses per year - Concierge: 24/7 dedicated lifestyle manager - Insurance: Comprehensive travel insurance up to $500,000 - Metal card with titanium finish
Who should get it: Frequent business travelers who value unconditional lounge access. The reward rate is lower than the Magnus or Infinia but the benefit package for travel is strong.
Downsides: The 6× earn rate sounds high but the redemption options are limited to ICICI's portal, unlike Axis EDGE Miles or HDFC reward points which have better transfer partners.