Devaluation ICICI Bank Credit Cards: Major Devaluation Announced (Effective Jan–Feb 2026)

[sovon]

Spend 25000 for a movie ticket 🙄

Gemstone

Bhai idhar udhar pada milta hai apay walo ko, phir itna ghamand thik nehi na.

 

[n69b]

How w w

RuPay Coral, RuPay Supersaver HPCL, RuPay Makemytrip, RuPay Rubyx, RuPay Sapphiro user easily complete 25k spend for Bookmyshow.

Visa/master/Amex users shocked 😲😲
RuPay user Rocked 🤘🤘

 

[nh124001]

How w w

band karva dooo bhai sabhi icici credit cards..abb kuch nahi bacha...

 

[b4bhar]

Activate mat karo ab

CIBIL hit is still wasted right?

 

[Abhi1986476]

ICICI emerald private credit card with 12500 joining fee is completely useless after devaluation.

 

[pranavcool]

Thanks ICICI for giving me a good reason to close my Saaphiro LTF and free up not needed space in my desk.

Same any good card left for bogo now?

 

[Pravin1156]

2026 gonna be the end of Rewards & Cashback for major credit cards across all banks. Wait & Watch

 

[tachniki]

ICICI is getting out of cards game it looks like. Not even one good card when compared with peers like HDFC and Axis

Infinia copy, EPM is there. 😁

 

[RAMESH BABU N]

I am well prepared for this devaluation.

I have only AMAZON PAY card n no other card from ICICI.

 

[b4bhar]

I have only AMAZON PAY card n no other card from ICICI.

even i have only that card, but recently took sapphiro card and it gets immediately devalued

 

[Kabir_1112]

EPM is really useless now. It was a super premium card and now it has become a shit card. It should be now an entry level card instead of super premium card.
The hardest hit out of all is EPM for the fee they charge and to the cards it get compared to.

 

[hellowo₹ld]

EPM is really useless now. It was a super premium card and now it has become a shit card. It should be now an entry level card instead of super premium card.
The hardest hit out of all is EPM for the fee they charge and to the cards it get compared to.

whats the change for it?

 

[Riya]

W.e.f 15th, Jan 2026 - All ICICI Credit Card Devaluation - Emeralde Metal Credit Card to Coral Credit Card:

Read here -

https://www.icici.bank.in/content/dam/icicibank/india/managed-assets/revamp-page-images/docs/pdf/credit-card-charges-updated-notice.pdf

aisa hai ki rewards/point system khatam hi kar do sab cards par se....
simple card pe kharcha karo aur month end mein ek saath pay kar do...
roz roz ka lafda bana rakha hai...
ab inke MCC bhi yaad karke baithe...
kaam dhandha chhod de aur ye sab mein lag jaate hain...

 

[Jhon Anand]

EPM is really useless now. It was a super premium card and now it has become a shit card. It should be now an entry level card instead of super premium card.
The hardest hit out of all is EPM for the fee they charge and to the cards it get compared to.

Why do you think so ? The new exclusions are in line with Infinia

 

[panchabhut]

only ICICI cards worth having are Amz pay + Plat or Rupay as LTF (for use during sale where amz pay does not work)

 

[ash_m]

EPM is really useless now. It was a super premium card and now it has become a shit card. It should be now an entry level card instead of super premium card.
The hardest hit out of all is EPM for the fee they charge and to the cards it get compared to.

There is no change to points earning, as far as I can see.

But there are 2 big changes:
1. Add on cards now come with a hefty 3.5K one-time fee per card (still some time, if you were ever planning to apply for it)

2. BOGO upto 750 on Bookmyshow is now conditional on spends of 25K in the preceding quarter. TBH, it makes zero sense on a super premium card. Looks like ICIC thought - Infinia does not give free movie tickets. So why should we keep doing this? Let's apply spend based criteria on EPM as well.

Afterall, it is almost like ICICI just wants to keep EPM an inch ahead of Infinia somehow. Doesn't look like the other rewards are going to last long on EPM at this rate. iShop devaluations are highly likely too pretty soon.

 

[tachniki]

25k quarterly on EPM should be piece of cake.

I can understand folks who own Sapphiro may not be spending 25k quarterly on it. But everyone who owns EPM will be spending about a lakh per monthly easily.

 

[ash_m]

25k quarterly on EPM should be piece of cake.

I can understand folks who own Sapphiro may not be spending 25k quarterly on it. But everyone who owns EPM will be spending about a lakh per monthly easily.

Yeah, you're right.

Especially when you're buying vouchers, even if no such big expenses are there in one such quarter you can easily meet that. So probably not a very big deal, but it does set some precedence for future devaluations like this - like lounge access, for example. Sounds unlikely at this moment as ICICI still wants EPM to compete with Infinia, but this is an indication that they'd continue to make devaluations.

I actually have Sapphiro too, came LTF when I had opened an account with them years back. That becomes useless for me, atleast.

 

[techprince]

Great! i wont have to upgrade my RubyX LTF to Sapphiro now

 

[Riteshgpt60]

W.e.f 15th, Jan 2026 - All ICICI Credit Card Devaluation - Emeralde Metal Credit Card to Coral Credit Card:

Read here -

https://www.icici.bank.in/content/dam/icicibank/india/managed-assets/revamp-page-images/docs/pdf/credit-card-charges-updated-notice.pdf

Bogo bhi gaya, ab icici sapphiro rakhne ka koi matlab nhi.