ICICI Bank Credit Card Changes: Key Benefits Ending Soon

ICICI Bank has announced significant changes to its credit card offerings, set to take effect in December 2026. Key benefits, including complimentary insurance and movie ticket perks, will be discontinued for several cardholders. Additionally, fees for card replacements and foreign transactions will increase. Customers are urged to review their card benefits and prepare for these changes to avoid unexpected costs. Stay informed about how these updates may affect your financial planning and card usage.

By Narendra Chaudhary Nov 13, 2026, 15:50 IST

Important Updates for ICICI Bank Credit Card Holders

If you are a user of ICICI Bank's credit card, there are significant updates you need to be aware of. The bank has announced modifications to various rules and benefits associated with its credit cards, which will take effect from December 2026. Starting December 15, several selected credit cards will no longer offer complimentary insurance and movie ticket benefits. Additionally, the fee for card replacements will also see an increase.

The implementation of these changes will occur on different dates. Therefore, if you possess an ICICI Bank credit card, it is crucial to understand which benefits will be discontinued and which services will incur higher costs.

Complimentary Insurance Benefits Ending December 15

From December 15, 2026, ICICI Bank will discontinue complimentary air accident and related insurance coverage for certain selected credit cards. This means cardholders will no longer receive this free insurance benefit.

The affected cards include:

Emeralde Private Metal

Times Black

Emeralde

Emeralde Private

Diamant

Sapphiro

Rubyx

Customers holding these cards will lose the air accident insurance and associated free coverage after December 15.

Travel Cancellation Coverage Also Discontinued

The bank has decided to eliminate the Cancellation For Any Reason (CFAR) coverage available on some premium credit cards. This benefit provided security to customers in case of trip cancellations under specific conditions.

Starting December 15, this free service will no longer be available on Emeralde Private Metal, Times Black, Emeralde, and Emeralde Private cards.

Additionally, the free personal accident and air accident insurance coverage on Parakram and Parakram Select credit cards will also be terminated.

Free Movie Ticket Benefit to End

Customers using ICICI Bank credit cards for movie outings will also face a setback. The bank will discontinue the complimentary INOX benefit on select cards starting December 15, 2026.

The cards affected by this change include:

Rubyx Credit Card

Coral Credit Card

Expressions Credit Card

Chennai Super Kings Credit Card

MakeMyTrip Platinum

MakeMyTrip Signature

MakeMyTrip Credit Card

HPCL Super Saver

Emirates Rubyx

Customers with these cards will no longer receive the free INOX movie benefit after December 15.

Increased Card Replacement Fees

ICICI Bank has also raised the fees for credit card replacements. If your card is lost, damaged, or you need a new one for any reason, you will now have to pay more.

Effective December 11, 2026, the replacement fee for most retail credit cards will increase from ₹200 to ₹300 plus GST. This means customers will need to pay an additional ₹100 for card replacements.

However, the Emeralde Private Metal, 1838 Reserve, and Times Black credit cards are exempt from this fee increase.

Charges for Priority Pass Replacement

The bank has introduced a new rule regarding the Priority Pass card. From December 11, selected cardholders will need to pay ₹300 plus GST to replace their Priority Pass. Previously, there was no fee for this replacement.

Increased Fees for Foreign Transactions

Changes are also coming for users of certain business and corporate credit cards from ICICI Bank. Starting November 25, 2026, the Dynamic Currency Conversion (DCC) fee on selected cards will rise from 1% to 3.50%.

This charge applies to international transactions where payments are made in Indian Rupees abroad. It may also apply to payments made in Rupees to foreign merchants registered outside India.

What Should ICICI Credit Card Users Do?

If you hold an ICICI Bank credit card, the first step is to check the name of your card and the associated benefits. Particularly if you utilize your credit card for free insurance, travel coverage, or movie tickets, do not overlook these changes.

Keep in mind that these changes will not apply to every ICICI credit card. The bank has modified the rules based on different card categories. Therefore, before availing of any benefits, be sure to check the new terms for your card on the bank's official website.