The verdict
A classic legacy premium card providing reliable domestic airport lounge access and Visa Signature concierge perks. While modern ICICI Gemstone cards (Rubyx/Sapphiro) offer superior reward rates and waiver milestones, this card continues to serve legacy holders.
The maths for it
4 domestic airport lounge visits (₹5,600 value) + ₹20,000/mo retail spend (2,400 pts = ₹600 value) + saves ₹400 on fuel delivers ₹6,600 in gross annual utility value against the ₹2,500 fee (2.64× ROI).
The maths against
Annual renewal fee of ₹2,500 + GST with no spend-based waiver and product discontinued for new retail applications.
✓What works
- +4 complimentary domestic airport lounge visits per year across India (1 visit per calendar quarter).
- +24/7 dedicated Visa Signature lifestyle concierge desk for travel and dining reservations.
- +Earn 1 ICICI Reward Point for every ₹100 spent on all eligible domestic retail purchases.
- +1% fuel surcharge waiver on all HPCL petrol pumps across India on transactions between ₹400 and ₹4,000.
- +Redeem reward points directly for shopping gift cards or statement credit on Rewards360.
- +Complimentary fraud liability protection up to ₹50,000 upon immediate intimation.
✕What doesn't
- −Annual renewal fee of ₹2,500 + GST with no documented spend waiver milestone.
- −Modest base reward return of 0.25% (1 point per ₹100 spent).
- −Discontinued for fresh sourcing (existing legacy cardholders only).
What it earns
1 ICICI Reward Point = ₹0.25 when redeemed on ICICI Rewards360 portal.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| All Domestic Retail Spends | 1 pt / ₹100 (0.25%) | Uncapped | 1,000 pts (₹250 value) |
| Fuel & Rent | 0% | Excluded | 0 pts |
Accelerated earn
4 Domestic Lounges + 24/7 Concierge
Enjoy premium airport lounge access and dedicated round-the-clock concierge support.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Airport LoungesAcross Indian airports. | 4 / year · 1 / quarter | 1 / qtr | — |
| ConciergeVisa Signature desk. | 24/7 · Dedicated | Uncapped | — |
| Fuel WaiverUp to ₹4,000 fuel. | 1% · HPCL Surcharge | ₹250 / mo | — |
Redemption options
Redeem ICICI Reward Points directly on Rewards360 for shopping vouchers or statement credit.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Brand Shopping VouchersBEST VALUE | ₹0.25 / Reward Point | 500 pts | None | ₹99 + GST |
| Statement Balance Credit | ₹0.25 / Reward Point | 500 pts | None | ₹99 + GST |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Premium retail shopping, dining, travel bookings.
- +4 domestic airport lounge visits.
- +24/7 dedicated lifestyle concierge.
✕Excluded Spends & Fee Traps
- −Rent payments.
- −Fuel purchases (outside surcharge waiver).
- −Wallet load transactions.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹2,500 + GST |
| Annual Renewal Fee | ₹2,500 + GST |
| Forex Markup | 3.5% + GST |
| Finance Charges | 3.5% / month (42% / year) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Status | Existing legacy cardholders only (Discontinued for fresh sourcing) |
| Age | 21–65 years |
| Salaried Income | ₹50,000+ monthly net salary |
Frequently Asked Questions
Does ICICI Signature Credit Card offer airport lounge access?
Yes. 4 Complimentary Domestic Airport Lounges/yr (1 per quarter)
What are the MITC charges, annual fees, and interest rates for ICICI Signature Credit Card?
The annual renewal fee is ₹2,500 + GST. Fee waiver condition: No annual fee waiver. Revolving balance finance charges: 3.5% / month (42% / year). Foreign currency markup: 3.5% + GST. Check the current issuer MITC for other or missing charges.
What is the reward rate and point redemption value on ICICI Signature Credit Card?
Published earn rate: 1 pt / ₹100 on Retail (0.25%) · 4 Domestic Lounges · 24/7 Concierge. Listed Brand Shopping Vouchers value: ₹0.25 / Reward Point.
Which transactions are excluded from earning rewards on ICICI Signature Credit Card?
Listed exclusions: Rent payments., Fuel purchases (outside surcharge waiver)., Wallet load transactions.. Check the issuer terms for any fuel surcharge waiver.
Who is ICICI Signature Credit Card best suited for in 2026?
The card details describe it as suited to Legacy Visa Signature cardholders seeking quarterly airport lounges & lifestyle benefits. Compare its terms with your spending and annual fee.
Editorial Deep-Dive Analysis
Comprehensive Overview: ICICI Signature Credit Card
The ICICI Bank Signature Credit Card is a classic legacy premium payment instrument issued on the premium Visa Signature network. While ICICI Bank has largely transitioned its retail flagship acquisition focus to the modern Gemstone lineup (Coral, Rubyx, Sapphiro, Emeralde), thousands of long-standing cardholders continue to hold the Signature card for its dependable domestic lounge access, dedicated concierge facilities, and established credit lines.
Key Privileges and Practical Everyday Benefits
- Domestic Airport Lounge Access:
- Cardholders receive 4 complimentary domestic airport lounge visits per calendar year (structured as 1 visit per quarter), providing reliable lounge hospitality across major tier-1 and tier-2 Indian airports.
- Dedicated 24/7 Visa Signature Concierge:
- Offers round-the-clock personal concierge services for dining reservations, flight coordination, flower delivery, and emergency travel support through Visa’s dedicated international desk.
- Everyday Retail Rewards:
- Cardholders earn 1 ICICI reward point for every ₹100 spent on eligible retail and lifestyle transactions, redeemable on ICICI’s Rewards portal for shopping vouchers, electronics, and lifestyle merchandise.
- Fuel Surcharge Waiver:
- 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at HPCL petrol pumps across India.
- Zero Lost Card Liability:
- Comprehensive fraud and lost card protection coverage up to ₹50,000 upon prompt intimation to the bank.
Important Considerations for Existing Cardholders
Because this is a legacy product no longer open to fresh retail applications, existing holders should consider the following:
- Annual Maintenance Fee: The card carries an annual renewal fee of ₹2,500 + GST with no automatic spend-based waiver threshold on file.
- Cardholder Evolution: Existing cardholders who spend actively across online shopping, dining, and movies may consider exploring modern ICICI Gemstone upgrades (such as Rubyx or Sapphiro) through their relationship manager to unlock spend-based fee waivers, enhanced BookMyShow BOGO perks, and dual-variant card utility.
Who Benefits Most
- Legacy ICICI Banking Customers: Long-term account holders who value an established credit line, simple quarterly lounge visits, and 24/7 Visa concierge services without needing complicated category trackers.
linkVerified Data & Notice Sources
- ICICI Bank — Signature Credit Card schedule of charges
- Visa Signature luxury travel and lifestyle privilege guidelines
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).
⚖️ Trademark & Intellectual Property Ownership:All registered trademarks, service marks, brand names, product titles, and emblems referenced on this page—including ICICI Bank, HDFC Bank, Axis Bank, SBI Card, ICICI Bank, RBL Bank, American Express, Kotak Mahindra Bank, Visa, Mastercard, RuPay, and related marks—are the exclusive intellectual property of their respective banking corporations and trademark proprietors. CredSutra asserts no proprietary claim, title, or interest in these marks.
🏛️ Nominative Fair Use (Trade Marks Act, 1999):The display and descriptive mention of commercial brand and product names on this portal is strictly nominative and for comparative identification, consumer education, and public research purposes pursuant to Section 30(1) and Section 30(2)(d) of the Trade Marks Act, 1999 (India). CredSutra is not sponsored by, affiliated with, or endorsed by ICICI Bank.
🎨 Original Procedural Visual Assets:All visual card cards rendered on CredSutra are original, procedural CSS/SVG mathematical abstractions. CredSutra does not scrape, host, or reproduce proprietary 3D card renders, official bank marketing collateral, or copyrighted photographic assets belonging to ICICI Bank or payment networks.
📋 Official Bank Terms & Verification:Fee structures, reward multipliers, and lounge access rules are derived from publicly available Most Important Terms and Conditions (MITC) schedules and bank circulars. Card issuers retain the right to modify terms at their discretion. Outbound application links redirect users directly to the official bank portal, where the final decision on credit limits and issuance rests exclusively with ICICI Bank.
Read Full Legal & Regulatory Disclaimers →Section 30 Trade Marks Act, 1999 & Rule 3(2) IT Rules 2021