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ICICI Bank Times Black Credit Card Launched - Full Details & Review

Some details from their official website source:
View attachment 74566

FROM INK TO INFLUENCE

A card forged from the legacy that shaped India's story, crafted from the very alloy of the Times of India Group's first printing press. Now, it's here to shape your story.

A world, where convenience comes knocking at your door, where the journey starts before the journey and experiences are curated for an audience of one.

The rare feeling of something few can claim, now ready to fit in the palm of your hand.

This exclusive, limited-edition collectible card is available for the first few.

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View attachment 74564
BENEFITS
  • Luxury Stays
  • Travel Visa
  • Club Access
  • Airport Transfer
  • Travel Experiences

BENEFIT DETAILS

Luxury Stays
YOUR GETAWAY, YOUR CHOICE
Escape the ordinary with a complimentary stay at a hotel of your choice. Immerse yourself in luxury and enjoy the freedom to select your ideal getaway.

Travel Visa
YOUR JOURNEY BEGINS AT YOUR DOORSTEP
Picture a world where travel is effortless. Now, make the world accessible on your terms with the ease of Visa at Your Doorstep.

Club Access
SURROUND YOURSELF WITH BRILLIANCE
The true value of membership isn't just in entry—it's in the doors that open once you're inside. Receive special access to The QUORUM Club, an invite-only experience.

Airport Transfer
ARRIVE WITH AN EDGE
Whether it's the sleek elegance of our premium sedans or the unparalleled speed of a private helicopter, we ensure that your airport transfer is as effortless as your flight.

Travel Experiences
FIND YOUR NEXT BIG ADVENTURE
Your curated itinerary to iconic destinations and experiences made effortless, so you can focus on just enjoying the journey.

SIGNATURE BENEFITS
  • Ultimate convenience with 24X7 domestic and international concierge service.
  • Stay protected with travel insurance: PA, purchase protection, travel disruptions & more.
  • Experience global adventures with a minimal 1.49% foreign currency mark-up
  • Enjoy effortless cash withdrawals with zero extra charges
  • Maximize your savings with a 1% waiver on fuel surcharge for all transactions

MILESTONE BENEFITS
  • Enjoy curated experiences & activities on your international trips
  • Choose between seamless air mobility via chopper or a luxury sedan for airport transfers
  • Uplift your shopping experience with a bespoke gift card
  • Extend your privileges with an annual fee waiver

EXPERIENCES

Every journey begins with comfort
Unlimited access to 1,300 international and domestic lounges across 35 cities, find your perfect moment of peace, no matter where you're headed.

Gifts that elevate every experience
Add a bespoke touch to your lifestyle with gift cards tailored for the finest experiences. Whether indulging in luxury shopping, booking an international getaway, or enjoying a rejuvenating salon session, we ensure you have it all.

Your World at a Swipe
Privately negotiated rates at the best brands, made available to you at the swipe of your card. From travel gear and gourmet coffee to spa indulgence, exclusive gifting, and health & wellness, every detail is curated for your lifestyle.

TRAVEL EXPERIENCES

TRAVEL - Quiet Gateways
  • At-home visa services by VFS Global/Altys
    Complementary Room Nights
  • Oberoi hotel voucher worth Rs. 15,000
    Visa at Doorstep

LIFESTYLE - Indulgent Luxury
  • Celebrated Stays
    Complementary Room Nights
  • Priority Visa Services
    Visa at Doorstep

MOBILITY - Seamless Transfers
  • Celebrated Stays
    Complementary Room Nights
  • Priority Visa Services
    Visa at Doorstep

PREMIUM BENEFITS

Elevate Your Lifestyle
  • Unlimited Access to Restaurants
  • Membership at a preferential price
  • Members Only Lounge
  • Invite to Private Events

Enter a Global Platform
  • ET Startup Awards
  • CXO Meets
  • MartEquity Summit

Master the appreciation of art
  • Dedicated Art Advisory
  • Private Viewing of Art Galleries
  • Art Events

GO EVEN FURTHER
Enhanced benefits for your travel, entertainment and shopping

Categories:
  • Entertainment
    Including cinema and liv services
  • Business Essentials
    Multiple business-focused offers
  • Essentials
    Various essential services

FOR THE DIGITAL NATIVES
The Times Black App
  • Lorem Ipsem
  • Milestones
  • Rewards and Benefits
  • Statements

DESIGNED TO SHATTER NORMS
Head Turner

Made from 21 grams of high density steel, CNC-milled and engraved, then polished to a brilliant mirror finish that is unlike any card

REWARDS

Reward Points* Accrual
  • 2 Reward Points for every ₹100 spent on domestic transactions, including Insurance, Utilities, Education, and Government Payments
  • 2.5 Reward Points for every ₹100 spent on international transactions
  • Earn up to 6X Reward Points on travel and hotel with iShop

View Terms & Conditions

Reward Points Redemption
  • Travel and hotel bookings via iShop at a value of 1 Reward Point = ₹1
  • Products and Vouchers via ICICI Bank Netbanking or iShop at a value of 1 Reward Point = up to ₹1
  • Cashback at a value of 1 Reward Point = ₹0.40
Note: You can redeem your Reward Points on iShop or Netbanking.

ELIGIBILITY CRITERIA
  • Minimum Age: 21 years
  • Residence: Permanent Indian Resident
  • Banking Requirements: Indian or multi national bank's saving or current accounts in India
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FEE & CHARGES
Some key charges applicable to Times Black ICICI Bank Credit Card
  • Annual Fee: Introductory pricing of only ₹20,000 + taxes
  • Fee Waiver: On annual spend of ₹25,00,000

*Rewards Points Program - Terms and Conditions (from the above PDF (in case they take it down)):

● Only eligible retail purchases qualify for the accumulation of Reward Points.
● Reward Points will not be accrued on fuel transactions.
● A maximum of 5,000 Reward Points per month can be earned on transactions related to Insurance,
Utilities, Education, and Government payments.
● If the credit card remains unused for over 365 days, any accrued Reward Points will be forfeited.
● The iShop accelerated Reward Points program is a limited-time offer. The capping of Reward Points under
this program will be subject to the iShop Reward Points Program terms and conditions.
● For rent payments made through third-party merchants, a fee of 1% of the total transaction amount will
be applied starting from the second rental transaction each calendar month.
● If a transaction (in-store or online) is conducted in Indian currency at an international location or with a
merchant registered overseas but located in India, a dynamic and static conversion markup fee of 1.49%
will be charged.
● Education payments made through third-party apps such as (but not limited to) CRED, Cheq, MobiKwik,
and others will NOT earn Reward Points. However, payments made directly through college or school
websites or POS machines will qualify for Reward Points.

Option – Education payments made via third-party apps like CRED, Cheq, and MobiKwik won’t earn Reward Points.
Payments made directly through college or school websites or POS machines will qualify.
 
Imho the "Times" name itself takes the premiumness away.
True, co-branded cards themselves lose the charm, they sound like cheap membership cards that malls give away.
Also, even with two brands in partnership, they are asking for such a high fee. With brand partnerships, cards are supposed to bring better rewards at lower cost.
 
True, co-branded cards themselves lose the charm, they sound like cheap membership cards that malls give away.
Also, even with two brands in partnership, they are asking for such a high fee. With brand partnerships, cards are supposed to bring better rewards at lower cost.
IMO you can’t expect a truly premium card from ICICI
 
Looks like details are out.

The lifestyle benefits looks good. Not sure of how iShop would work or would it even be closer to Smartbuy.
Big Question: Why would somebody spend Rs 25 lacs a year for a base reward rate of 2%.

CXO may take this card. Would be good for feel good and pride. But surely not worth to spend Rs 25 lacs per year on this card.
Better pay fee every year rather then spending on this card. Hope ICICI is compensating the fee with points.
 
Looks like details are out.

The lifestyle benefits looks good. Not sure of how iShop would work or would it even be closer to Smartbuy.
Big Question: Why would somebody spend Rs 25 lacs a year for a base reward rate of 2%.

CXO may take this card. Would be good for feel good and pride. But surely not worth to spend Rs 25 lacs per year on this card.
Better pay fee every year rather then spending on this card. Hope ICICI is compensating the fee with points.
iShop will not be anywhere close to smartbuy

The iShop accelerated Reward Points program is a limited-time offer. The capping of Reward Points under
this program will be subject to the iShop Reward Points Program terms and conditions.
 
Hey TFCians,

ICICI Bank is soon launching its top-tier super-premium credit card: the ICICI Bank Times Black Credit Card.
Expected launch time: Mid November 2024

Fees:
  • Joining Fee: Rs. 20,000 + GST
  • Annual Fee: Rs. 20,000 + GST
Interestingly, ICICI mentions a "1st-year fee" of Rs. 20,000 + GST, similar to the Amex Centurion card's structure. It looks like the bank will charge both the joining fee and 1st-year fee at issuance, with the annual fee billed at the end of the card’s anniversary year.

View attachment 73875

However, ICICI is known for some tricky wording around card fees and waiver conditions in their MITC. For instance, I was charged an annual fee on my Emeralde Credit Card a few years back, and my consumer court case on this is still pending. (More details on that here: https://www.technofino.in/community...d-even-after-meeting-reversal-criteria.11061/)

This new ICICI Bank Times Black Credit Card will reportedly have a sleek design, exclusive to a select group of customers. According to some sources, it’s expected to offer lifestyle perks unavailable on any other credit card in India so far.

View attachment 73874

Stay tuned! I’ll update this post with more details and my review once we have the full picture.
Personally I will stay away from any icici bank paid cards. They are just not worth the hassle coupled with tricky workings from icici. Also almost all paid icici cards don't offer value and mostly will be the same with this.
 
Looks like details are out.

The lifestyle benefits looks good. Not sure of how iShop would work or would it even be closer to Smartbuy.
Big Question: Why would somebody spend Rs 25 lacs a year for a base reward rate of 2%.

CXO may take this card. Would be good for feel good and pride. But surely not worth to spend Rs 25 lacs per year on this card.
Better pay fee every year rather then spending on this card. Hope ICICI is compensating the fee with points.

How convenient of the user to have just copied the post from TF and reshared it on their forum as if he pulled the details. These were first shared here!
 
How convenient of the user to have just copied the post from TF and reshared it on their forum as if he pulled the details. These were first shared here!
Absolutely bro!!👍👍

I am damn sure only few ICICI top level personnel have idea/knowledge about this card... Others will get / would have got information from our this forum only!!😁😁
 
Absolutely bro!!👍👍

I am damn sure only few ICICI top level personnel have idea/knowledge about this card... Others will get / would have got information from our this forum only!!😁😁
I think at least they have some idea. In hdfc even bbh level employees have hardly any idea about infinnia reserve. They just know it's coming. When? With what feature? Fee? No idea!
 
I think at least they have some idea. In hdfc even bbh level employees have hardly any idea about infinnia reserve. They just know it's coming. When? With what feature? Fee? No idea!
Bro honestly saying Infinia Reserve not coming in near future...
From last few years I am seeing this is only for hype!! Nothing else...😤😤

In fact 2-3 months ago when I applied for DCB... I thoroughly checked.. infact I reached out to Credit Card Regional Head to get clarity. He clearly told any CC cannot be blindly launched...if in HDFC any new product Is going to be launched then their backend system, product team blah, blah... needs to be updated...And he has zero idea about this. He given his work this year it won't be launched. Then only I finally made my mind for DCB.
 
Bro honestly saying Infinia Reserve not coming in near future...
From last few years I am seeing this is only for hype!! Nothing else...😤😤

In fact 2-3 months ago when I applied for DCB... I thoroughly checked.. infact I reached out to Credit Card Regional Head to get clarity. He clearly told any CC cannot be blindly launched...if in HDFC any new product Is going to be launched then their backend system, product team blah, blah... needs to be updated...And he has zero idea about this. He given his work this year it won't be launched. Then only I finally made my mind for DCB.
In my opinion Infinia Metal is what was supposed to be Infinia Reserve.

Infinia Metal eligibility is already sky high anything above that will make Infinia Reserve similar to Amex Centurion with very few eligible customers and end up becoming bragging rights and won’t bring much business to the bank, banks need more business and profitability at the end of the day.
 
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