Times Black ICICI Bank Credit Card
Apply Now
Joining Fee
Renewal Fee
Best Suited For
Reward Type
|
Welcome Benefits
Movie & Dining
Free Delivery and Dining Privileges With Zomato Gold Membership
Rewards Rate
2.5% RPs on International Spends and 2% RPs on Domestic Spends
Reward Redemption
Redeem Reward Points for Airmiles, Cash, and More
Travel
Low Forex Charges, Luxury Airport Transfers and More
Domestic Lounge Access
Unlimited Domestic Airport Lounge Access
International Lounge Access
Unlimited Complimentary Lounge Access at International Airports
Golf
N/A
Insurance Benefits
Comprehensive Insurance Cover
Spend-Based Waiver
Annual Fee Waiver on Spends of ₹25 Lakhs in a Year
Rewards Redemption Fee
N/A
Foreign Currency Markup
1.49%
Interest Rates
3.75% (Monthly)
Fuel Surcharge
1% Fuel Surcharge Waiver (Up to ₹1,000 Each Statement Cycle)
Cash Advance Charges
No Cash Withdrawal Charges
- Times Black ICICI Bank Credit Card is a premium card offering specially designed for ultra-high-net individuals. This card offers privileges and benefits that are beneficial to those who want the best.
- This card comes at a joining and annual cost of ₹20,000.
- Cardholders shall get 24/7 domestic and international concierge services.
- Upto 35% discount on luxury and chauffeur-driven rental cards with Avis.
- Enjoy complimentary international and domestic airport lounge access with this card.
Pros
- This card hosts so many luxurious and premium benefits, such as helicopter city transfers, access to exclusive Times Group events, and discounts at Quorum Club.
Cons
- For such a premium credit card, which has high joining and annual charges, this card still imposes a 1.49% Forex fee. This is quite disappointing, as several credit cards with lower fees offer zero Forex charges.
- The annual fee waiver threshold is quite high, ₹25 lakh per annum. Even premium credit cards like SBI Aurum have a lower threshold of ₹12 lakh each year.
Exclusive Membership, Vouchers, and More As Welcome Benefits
The welcome benefits will be activated once the bank receives the joining fee during the first billing cycle.
EaseMyTrip Luxury Stay Gift Card Worth ₹10,000
Enjoy a luxury stay at the place of your choosing with a complimentary voucher worth ₹10,000 from EaseMyTrip.
Travel Visa Benefits with Atlys and OneVasco worth ₹10,000
The Times Black ICICI Credit Card is a premium offering that provides benefits that match its user base. One of the most innovative and valuable advantages is the Visa benefits, which come as a welcome feature along with the card. These benefits are offered through reputable platforms such as Atlys and OneVasco and include doorstep Visa services, complimentary lounge vouchers, and a waiver on processing charges.
Exclusive Benefits at The Quorum Club
The Times Black ICICI Bank Credit Card offers a range of premium privileges, including exclusive access to The Quorum Club—a haven for luxury and elite experiences. Here’s what you can enjoy:
Access to Exclusive Quorum Club Events
As a Times Black cardholder, you can attend unique events and networking opportunities at The Quorum Club, even without holding a membership. This rare benefit is built into your card, granting you a seamless entry into an elite world of gatherings and experiences.
20% Dining Discount at Premium Restaurants
Indulge in exquisite dining experiences with a 20% discount at select premium restaurants under The Quorum Club benefits, including:
- Café Reed, Mumbai
- Zila, Hyderabad
- 689, Gurugram
Toni & Guy and Interflora Gift Cards Worth ₹4,000
- Toni & Guy voucher worth ₹3,000.
- Interflora Gift Cards worth ₹1,000.
Zomato Gold Annual Membership
Take advantage of the complimentary Zomato Gold membership that comes with this card to enjoy significant discounts and exclusive dining benefits.
Most Important Factor – Reward Rate
You can earn 2% Reward Points on domestic transactions, which include insurance, utilities, education, and government payments. For international spending, the card offers 2.5% Reward Points. While this reward rate may seem attractive at first glance, it’s important to note that there is a Forex charge of 1.49%, which effectively reduces the reward rate on expenditures made abroad.
Additionally, the Times Black ICICI Bank Credit Card will soon feature accelerated Reward Points on travel and hotel bookings.
No Reward Points for Fuel Transactions.
Reward Point Redemption
Redemption | Value |
Products and Vouchers | ₹1 |
Cash | ₹0.40 |
Spend-Based Milestone Benefits
Spends | Benefits |
₹2 Lakh | ₹10,000 Klook Voucher |
₹5 Lakh | Airport Transfer by Luxury Sedan or Helicopter |
₹10 Lakh | ₹10,000 Tata CLiQ Luxury Voucher |
₹20 Lakh | ₹20,000 Stay Voucher from Ayatana |
Signature Travel Benefits
Unlimited Complimentary Airport Lounge Access Across the Globe
Cardholders can access airport lounges worldwide without paying any lounge charges. This premium benefit offers the luxury and comfort expected with a premium credit card.
Low 1.49% Forex Charge
Make international purchases easily with a low Forex markup fee of just 1.49%. While most credit cards charge a fee of 3% to 3.5% for foreign transactions, this card allows you to shop and make necessary payments without the burden of high fees.
Luxury Airport Transfers
You can access the luxury airport transfer service annually by choosing between a helicopter or cab service. This means you can opt for an aerial transfer to the city center or a luxury sedan to the airport. To unlock this benefit, a minimum expenditure of ₹5,00,000 is required.
One of the most unique benefits offered by the Times Black ICICI Credit Card is luxury airport transfer by helicopter. This benefit can be unlocked by making spends of ₹5 lakh in a year. Please note that this facility is only available at Bangalore Airport and can be availed only once each year. Those who do not opt for the helicopter city transfer can opt for cab transfers twice each year. This shall also be unlocked on making spends of ₹5 lakh in a year.
Discounts on Avis Rental Cars
- Chauffer-driven cards at a 25% discount
- Premium rental cars at 35% discount
24*7 Concierge Services
Make itineraries and bookings easy with the expert concierge service of ICICI Bank. This facility is available both domestically and internationally.
Comprehensive Insurance Cover
- Personal Accident Insurance
- Protection Against Damaged or Stolen Items
- Credit Shield for Unforeseen Circumstances
- Coverage for Loss of Checked Baggage
- Card Liability Protection for Unauthorized Transactions
- Loss of Passport and Travel Documents
- Flight Delay and Missed Connections Coverage
Bottom Line
Those who are familiar with the credit card landscape in India will agree that ICICI Bank does not offer the best credit cards, with a few exceptions, like the Amazon Pay ICICI Credit Card. However, this luxurious offering could be a redemption for ICICI Bank. While many might expect more from a card of such high value, we believe that individuals with high spending power should definitely consider this card as they can quickly get the most out of it.
From its stylish design to the exclusive luxury benefits, one standout feature is the airport transfers by helicopter, which is truly amazing.
While most of us may not qualify for this card or fully utilize its benefits, those with a high net worth should certainly take advantage of it and indulge in its luxury. Share your thoughts on this card offering in the comment section below.
FAQs:
How can I get the annual charges waiver for the Times Black ICICI Bank Credit Card?
What is the reward rate of the Times Black ICICI Bank Credit Card?
I already have an ICICI Bank Credit Card. Can I still apply for the Times Black Credit Card?