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

[tachniki]

Mass Devaluation ka jawab mass Cancellation se. Sapphiro wale aage badho. 😁

 

[nari]

Okay, made card closure request in net banking.

 

[ash_m]

I think the biggest hit on EPM is that 3.5K addon card fee. Add on cards on Infinia are still free.

 

[AlooDum]

I think the biggest hit on EPM is that 3.5K addon card fee. Add on cards on Infinia are still free.

wait before HDFC pulls same shit

 

[akiratoriyama]

Kal hi i was telling icici is the worst bank to bank with. Now it also has the worst credit card devaluations.

 

[goell]

DCC on Sapphiro is now 3.5 percent (GST Additional) from 1 percent!!! This is beyond ridiculous

 

[akshayhs]

Cancelled Sapphiro FYF =)

 

[Jhon Anand]

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.

EPM is not mentioned in BookMyShow deval notice

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

 

[Shroud]

These days, banks seem to have developed an itch to devalue their cards - they don’t feel good unless they keep doing it from time to time.

 

[ash_m]

EPM is not mentioned in BookMyShow deval notice

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

"Emeralde Private Card" is listed.

I thought it is EPM. But now I see "Emeralde Metal Card" mentioned against add on card fee update. What is ICICI smoking here.

 

[safetorpedo2]

Hold my axis burgundy 🍺

 

[✪ D&C Cards Connoisseur 💳]

They could have spared all Emeralde cards from devaluations atleast. The bank's activities are now turning into a circus, where they expect customer to hold cards worth INR 12000 or more with such spent based criterias.
Btw, what's the difference between Emeralde Private and Emeralde Metal?

 

[ash_m]

They could have spared all Emeralde cards from devaluations atleast. The bank's activities are now turning into a circus, where they expect customer to hold cards worth INR 12000 or more with such spent based criterias.
Btw, what's the difference between Emeralde Private and Emeralde Metal?

"Emeralde Private" exists on paper, atleast in their MITC.

"Emeralde Metal" does not exist. There is one "Emeralde" (Plastic) though, all I know is that it's one of the worst cards to ever exist.

At this point, ICICI execs are having some really strong stuff in their year end parties so probably we can cut them some slack.

 

[abhiaj_geek]

Can someone list all the devaluation for epm?

 

[Dr. Hritaban]

Wah bhai, didn’t know you could make literal poop cards even more pooper
, but here we go!

 

[Paras Jain]

It is getting really tough to know which card to use when for which benefit now. It seems just keeping one card for all the spends to meet all the spend conditions in a month or quarter is where we are going. At least for LTF cards that every bank has distributed over years.

 

[ash_m]

Can someone list all the devaluation for epm?

Check your mail.

I've received separate mails, one for each ICICI card I hold.

For EPM, the most relevant change is 3.5K one time fee for add on cards, starting mid Jan'26.

EPM appears to be safe from spend based criteria on BOGO, based on the details on mail. It didn't matter much though, I doubt anyone having EPM would not even spend 25K in one quarter when this card is majorly a gift voucher card. PDF says "Emeralde Private", not "Emeralde Metal" or "Emeralde Private Metal". Emeralde Private does exist, atleast on paper.

Other changes are mostly irrelevant. You can check that on your mail or the PDF.

 

[abhiaj_geek]

Check your mail.

I've received separate mails, one for each ICICI card I hold.

For EPM, the most relevant change is 3.5K one time fee for add on cards, starting mid Jan'26.

EPM appears to be safe from spend based criteria on BOGO, based on the details on mail. It didn't matter much though, I doubt anyone having EPM would not even spend 25K in one quarter when this card is majorly a gift voucher card. PDF says "Emeralde Private", not "Emeralde Metal" or "Emeralde Private Metal". Emeralde Private does exist, atleast on paper.

Other changes are mostly irrelevant. You can check that on your mail or the PDF.

Weirdly enough I didnt receive an email for epm yet. Have received mails for other cards.

Thanks. Will apply one more add on this month then.

 

[abhiaj_geek]

Check your mail.

I've received separate mails, one for each ICICI card I hold.

For EPM, the most relevant change is 3.5K one time fee for add on cards, starting mid Jan'26.

EPM appears to be safe from spend based criteria on BOGO, based on the details on mail. It didn't matter much though, I doubt anyone having EPM would not even spend 25K in one quarter when this card is majorly a gift voucher card. PDF says "Emeralde Private", not "Emeralde Metal" or "Emeralde Private Metal". Emeralde Private does exist, atleast on paper.

Other changes are mostly irrelevant. You can check that on your mail or the PDF.

Did the forex fee increase?

 

[kanhaiyabsy]

Waiste card become worste