ICICI Bank Rubyx Credit Card from ICICI Bank

ICICI Bank Rubyx Credit Card review

ICICI Bank · Mastercard · points Official sources Checked 30 Oct 2026

At a glance

Annual fee: ₹2,000
Joining fee: ₹3,000
Fee waiver: ₹3,00,000 a year
Base return: 0.5% base
Point value: ₹0.25 per point
Domestic lounge: 2 domestic airport lounge visits per quarter for primary cardholder on ₹75,000 spend in the preceding quarter; 8 railway lounge visits per year
International lounge: None found

Estimated net value a year

Profile	Net	% of spend
First card, light spender ₹15k a month	−₹1,157	-0.7%
Metro salaried ₹60k a month	₹3,930	0.5%
Family household ₹80k a month	₹4,710	0.5%
Frequent flyer ₹1.5L a month	₹9,750	0.5%
Online shopper ₹50k a month	₹3,660	0.6%
Rent-heavy ₹90k a month	₹3,900	0.4%

Fee maths: The ₹2,000 annual fee is waived at ₹3,00,000 a year of eligible spend, about ₹25,000 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 237% (₹843) of what that profile earns before the fee. On our 6 profiles it nets from −₹1,157 (first card, light spender) to ₹9,750 (frequent flyer), equal to −0.7% to 0.6% of spend across the profiles.

After fees and caps, best-case redemption. Use your own spend.

Our take: A mid-premium ICICI card with a ₹3,000 joining fee and ₹2,000 annual fee, the annual fee waived for the next year above ₹3 lakh of spend. It earns 2 points per ₹100 domestically (groceries capped at ₹40,000 and utilities at ₹80,000 of spend per cycle) and 4 on international spends, and adds a milestone of 3,000 points at ₹3 lakh, then 1,500 for each further lakh up to 15,000 points. Two domestic lounge visits a quarter need ₹75,000 of spend in the previous quarter, and ICICI publishes no rupee value per point, so we use ₹0.25.

From the card's terms: strengths

2 domestic lounge visits a quarter

From the card's terms: limits

Base return is only about 0.5% on other spends

Reward rates and caps

Spend category	Points per ₹100	Value per ₹100	Cap	Notes
International (foreign currency)	4	₹1	No cap found	4 RP per ₹100 on international spends (official page).
Bills & utilities	1	₹0.25	800 pts monthly	1 RP per ₹100 on utility and insurance spends (official page); capped at ₹80,000 spend per statement cycle = 800 RP (official MITC).
Fuel	0	₹0	No cap found	No reward points on fuel (official FAQ); 1% fuel surcharge waiver on ₹400-4,000.
Rent	0	₹0	No cap found	No reward points on Rent (official MITC: Cash and Rent categories excluded).
Groceries	2	₹0.5	800 pts monthly	2 RP per ₹100 on grocery and department-store spends, capped at ₹40,000 spend per statement cycle = 800 RP (official MITC, w.e.f. 15 Nov 2024).
Everything else, Amazon, Flipkart, Other online shopping, Dining & food delivery, Flights & hotels, Entertainment & OTT	2	₹0.5	No cap found	2 RP per ₹100 on domestic spends (official page).

Point value: ₹0.25 per ICICI Reward Point is the figure used on other ICICI cards in this dataset; not stated on the Rubyx page (unverified).

Excluded or reduced

Fuel (no reward points, official FAQ + MITC)
Rent and cash (MITC: no points)
E-wallet reload (MITC: no points)
Skill-based gaming and education listed in MITC restricted-category table; government payments counted under utility (capped)
Utility and insurance earn only 1 RP per ₹100, capped at ₹80,000 spend/cycle each
Transport (MCC 4111/4112/4784/4131): reward capped at ₹20,000 spend per statement cycle (MITC, from 1 Feb 2026; not modelled)

Spend milestones

Spend ₹3,00,000 a year: 3,000 Reward Points at ₹3 lakh, then 1,500 RP per additional ₹1 lakh, max 15,000 RP per year (about ₹750)

Other benefits

Welcome: Welcome vouchers (Tata CLiQ, EaseMyTrip, Croma, EazyDiner, etc.) worth over ₹5,000 on payment of joining fee (official FAQ; page headline claims vouchers over ₹15,000 in total).
Up to 2 golf rounds/lessons per month (1 round per ₹50,000 spend in previous month)
25% off up to ₹150 on movie tickets (BookMyShow/INOX) subject to ₹25,000 spend
Forex markup 3.5%
Personal accident cover (RuPay variant) and concierge

Eligibility

We did not find eligibility criteria in the issuer documents we read. unverified

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FAQ

What is the annual fee of the ICICI Bank Rubyx Credit Card?

₹2,000 a year, waived at ₹3,00,000 annual spend. Fees exclude 18% GST.

How do ICICI Bank Rubyx Credit Card rewards work?

0.5% base, up to 1% on international (foreign currency). ₹0.25 per ICICI Reward Point is the figure used on other ICICI cards in this dataset; not stated on the Rubyx page (unverified).

Does the ICICI Bank Rubyx Credit Card give airport lounge access?

Domestic: 2 domestic airport lounge visits per quarter for primary cardholder on ₹75,000 spend in the preceding quarter; 8 railway lounge visits per year. International: None found.

Who is the ICICI Bank Rubyx Credit Card best suited to?

A mid-premium ICICI card with a ₹3,000 joining fee and ₹2,000 annual fee, the annual fee waived for the next year above ₹3 lakh of spend. It earns 2 points per ₹100 domestically (groceries capped at ₹40,000 and utilities at ₹80,000 of spend per cycle) and 4 on international spends, and adds a milestone of 3,000 points at ₹3 lakh, then 1,500 for each further lakh up to 15,000 points. Two domestic lounge visits a quarter need ₹75,000 of spend in the previous quarter, and ICICI publishes no rupee value per point, so we use ₹0.25. The ₹2,000 annual fee is waived at ₹3,00,000 a year of eligible spend, about ₹25,000 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 237% (₹843) of what that profile earns before the fee. On our 6 profiles it nets from −₹1,157 (first card, light spender) to ₹9,750 (frequent flyer), equal to −0.7% to 0.6% of spend across the profiles.