InterMiles ICICI Bank Sapphiro Credit Card

The InterMiles ICICI Bank Sapphiro Credit Card is the ideal choice for frequent travellers who want to earn miles on everyday spending and redeem them for flights and hotels. This co-branded card, offered in partnership with India's leading travel rewards programme InterMiles, is particularly valuable for those who travel to Middle-Eastern destinations frequently, thanks to its exclusive Etihad Airways partnership benefits. 

As a replacement for the discontinued Jet Privilege ICICI Bank Sapphiro Credit Card following Jet Airways' cessation of operations, this card maintains the premium travel-centric value proposition whilst partnering with InterMiles' extensive network of airline and hotel partners. Whether you're a business traveller accumulating miles on work trips or a leisure enthusiast planning international holidays, this card ensures every rupee spent brings you closer to your next flight. 

Overview 

InterMiles Partnership: The card is co-branded with InterMiles, one of India's most established travel rewards programmes with partnerships across airlines, hotels, and lifestyle brands. Every eligible transaction earns InterMiles that can be redeemed for flights and hotel stays on the InterMiles platform (www.intermiles.com), giving you access to a vast network of redemption options. 

Dual Variant Strategy: The card comes in two variants - American Express and Visa - each with different earning rates. The AmEx variant offers superior earning potential with 7 InterMiles per ₹100 on international spends and up to 12.5 InterMiles per ₹100 on Etihad Airways bookings, whilst the Visa variant provides 5 InterMiles per ₹100 on international spends and 10 InterMiles per ₹100 on Etihad bookings. Choose based on your spending patterns and acceptance requirements. 

Etihad Airways Benefits: One of the card's standout features is its exclusive partnership with Etihad Airways, the national airline of the UAE. Cardholders enjoy 5% discount on economy class tickets and 10% discount on business class bookings when flying with Etihad. Since Etihad holds over 50% stake in Jet Airways (the card's original partner), this partnership ensures continued value for Middle-East travellers. 

Accelerated Travel Earning: The card truly shines when used for travel-related purchases. Book flights and hotels through the InterMiles website to earn 2X InterMiles on top of your base earning rate. Etihad Airways bookings earn the highest rates - 12.5 InterMiles per ₹100 (AmEx) or 10 InterMiles per ₹100 (Visa) - making it extraordinarily rewarding for frequent flyers. 

Comprehensive Lounge Programme: Access 4 complimentary domestic airport lounges per quarter across both variants (2 on AmEx + 2 on Visa if you hold both) by spending just ₹5,000 per quarter per card. Additionally, enjoy 2 complimentary international lounge visits annually through complimentary DreamFolks membership, plus 2 domestic airport spa sessions per year. 

InterMiles Silver Tier Status: New cardholders receive 1 year complimentary InterMiles Silver Tier membership, unlocking additional benefits such as priority bookings, bonus miles on partner transactions, exclusive member-only deals, and enhanced redemption options. InterMiles Platinum Tier members receive additional privileges including waived joining and renewal fees. 

Annual Miles Cap with Uncapping Option: The card has an annual earning cap of 60,000 InterMiles per membership year. Once this threshold is reached, an uncapping fee of ₹7,500 is charged to your account. You can choose to pay this fee to continue earning miles or decline the charge and wait until your next anniversary year when the cap resets. 

24×7 i-Assist Concierge: ICICI Bank provides dedicated i-Assist concierge services (accessible at 1800 26 70731 or 022 6787 2016) to handle travel arrangements, dining reservations, event bookings, emergency services, lifestyle management, and personalized assistance. This white-glove service elevates the premium card experience. 

Dining and Golf Benefits: Beyond travel, cardholders enjoy minimum 15% discount at partner restaurants under the ICICI Bank Culinary Treats programme. Golf enthusiasts can avail 1 complimentary round or lesson per ₹50,000 spent in the previous month, up to 4 rounds monthly, at select premium golf courses across India. 

MovieTicket Offers: Receive ₹500 discount on the second ticket on BookMyShow, available twice per month. This benefit adds entertainment value to your lifestyle spending and can result in substantial annual savings for movie enthusiasts. 

Comprehensive Insurance Coverage: The card includes air accident insurance cover of up to ₹3 crore for the primary cardholder, providing financial protection during air travel. Add-on cardholders are not eligible for this insurance benefit. 

No Fee Waiver Structure: Unlike many premium cards, the InterMiles ICICI Bank Sapphiro Credit Card does not offer a spend-based annual fee waiver. Both joining and renewal fees of ₹5,000 + GST must be paid regardless of spending levels. However, the substantial welcome and renewal benefits help offset this cost. 

Legacy Card Transition: Existing Jet Privilege ICICI Bank Sapphiro Credit Card holders were seamlessly migrated to this InterMiles variant following Jet Airways' operational cessation. JPMiles were automatically converted to InterMiles at a 1:1 ratio, and existing credentials continue to work on the InterMiles platform. 

Excluded Categories: InterMiles are not earned on fuel purchases (0 InterMiles per ₹100). Insurance premiums and utility bill payments earn only 1 InterMile per ₹100, significantly lower than other categories. Plan your card usage strategy to maximise high-earning categories. 

This card represents an excellent mid-tier premium travel credit card for those seeking consistent miles earning, flexible redemption options, and comprehensive travel benefits without the burden of ultra-high annual fees. The dual variant structure allows customisation based on spending preferences, whilst the extensive InterMiles partner network ensures redemption flexibility. 

Rewards and Benefits 

Earning InterMiles 

American Express Variant Earning Rates 

12.5 InterMiles per ₹100: Etihad Airways ticket bookings (highest earning rate) 

10 InterMiles per ₹100: Other flight and hotel bookings made through InterMiles website 

7 InterMiles per ₹100: International retail spends (transactions in foreign currency) 

5 InterMiles per ₹100: Domestic retail spends within India 

1 InterMile per ₹100: Insurance premiums and utility bill payments 

0 InterMiles per ₹100: Fuel purchases (no miles earned) 

Visa Variant Earning Rates 

10 InterMiles per ₹100: Etihad Airways ticket bookings 

8 InterMiles per ₹100: Other flight and hotel bookings made through InterMiles website 

5 InterMiles per ₹100: International retail spends (transactions in foreign currency) 

4 InterMiles per ₹100: Domestic retail spends within India 

1 InterMile per ₹100: Insurance premiums and utility bill payments 

0 InterMiles per ₹100: Fuel purchases (no miles earned) 

Bonus Multiplier 

2X InterMiles: All bookings made directly on the InterMiles website (www.intermiles.com) earn double the base rate. This accelerated earning applies on top of the category-specific rates mentioned above. 

Example: An Etihad Airways booking on InterMiles portal using AmEx variant would earn 12.5 (Etihad rate) × 2 (portal bonus) = 25 InterMiles per ₹100 spent. 

Annual Earning Cap 

• Maximum 60,000 InterMiles can be accumulated per anniversary year 

• Once the 60,000 miles threshold is reached, an InterMiles Uncapping Fee of ₹7,500 is automatically charged to your credit card account 

• After paying the uncapping fee, you can continue earning unlimited InterMiles for that anniversary year 

• If you choose not to pay the uncapping fee, call ICICI Customer Care to reverse the charge - no further InterMiles will accrue until the next anniversary year 

• The cap resets automatically with the start of each new anniversary year 

• InterMiles resume flowing to your account automatically from the next statement cycle after reset 

Redeeming InterMiles 

Flight Bookings 

Redeem your InterMiles for flight tickets on the InterMiles portal (www.intermiles.com): 

• Extensive airline partner network including Etihad Airways, Emirates, Singapore Airlines, British Airways, Qatar Airways, Air India, IndiGo, Vistara, and many more 

• Book domestic and international flights using your accumulated miles 

• Flexible partial redemption - combine InterMiles with cash payment for bookings 

• No blackout dates for certain redemption categories 

• Dynamic pricing based on cash fare and route 

Typical Redemption Values: 

• Domestic one-way flights: Starting from 2,500-10,000 InterMiles 

• International economy: Starting from 15,000-50,000 InterMiles 

• International business class: Starting from 40,000-150,000 InterMiles 

Hotel Bookings 

Redeem InterMiles for hotel stays worldwide: 

• Global hotel partner network including major chains and independent properties 

• Book hotels in India and international destinations 

• Options for luxury resorts, business hotels, and budget accommodations 

• Combine miles with cash for partial redemptions 

• Special member rates for InterMiles Silver/Gold/Platinum tier members 

Typical Redemption Values: 

• Budget hotels: Starting from 3,000-8,000 InterMiles per night 

• Mid-range hotels: 8,000-20,000 InterMiles per night 

• Luxury hotels: 20,000-60,000+ InterMiles per night 

InterMiles Platform Benefits 

Access exclusive deals and offers: 

• Member-only flash sales and promotions 

• Bonus miles on select bookings 

• Discounted redemption rates during special campaigns 

• Package deals combining flights and hotels 

• Car rentals and holiday packages 

Miles Validity 

InterMiles earned on your card follow the standard InterMiles validity policy: 

• Miles typically valid for 3 years from date of credit 

• Maintain regular account activity to keep miles active 

• InterMiles Silver/Gold/Platinum tier members may have extended validity 

• Check your InterMiles account regularly to monitor expiry dates 

Welcome Benefits 

10,000 Bonus InterMiles 

Receive 10,000 InterMiles as a welcome bonus within 45 days of paying your joining fee: 

• No minimum spend requirement 

• Credited automatically after joining fee payment 

• Worth approximately ₹10,000 in travel value 

• Can be combined with miles from regular spends 

Flight Discount Voucher (Welcome) 

₹750 discount voucher for flight bookings: 

• Provided as joining benefit along with InterMiles 

• Valid for bookings on InterMiles portal 

• Credited within 45 working days post joining fee payment 

• Use for domestic or international flight bookings 

Hotel Discount Voucher (Welcome) 

₹1,500 discount voucher for hotel reservations: 

• American Express variant benefit 

• Valid for hotel bookings on InterMiles platform 

• Credited within 45 working days post joining fee payment 

• Applicable on hotels across India and international destinations 

Milestone Spending Bonus 

Spend ₹60,000 within the first 3 months of card setup to receive: 

• Additional ₹750 flight discount voucher 

• Additional ₹1,500 hotel discount voucher 

• Excellent way to boost your travel savings immediately 

• Calculate ROI: Total ₹4,500 in vouchers for meeting spend threshold 

InterMiles Silver Tier Membership 

Enjoy 1 year complimentary InterMiles Silver Tier membership: 

• Priority customer service 

• Exclusive member-only deals 

• Bonus miles on select partner transactions 

• Enhanced redemption options 

• Access to members-only flash sales 

• Accelerated tier progression opportunities 

Note: InterMiles Platinum Tier members receive additional privileges including potential joining and renewal fee waivers (subject to programme terms). 

Renewal Benefits 

Annual InterMiles Bonus 

Earn 5,000 InterMiles every year on card renewal: 

• Credited within 45 working days after annual fee payment 

• No minimum spend requirement 

• Helps offset the ₹5,000 + GST annual fee 

• Automatic credit each anniversary year 

Annual Flight Discount Voucher 

Receive ₹500 discount voucher for flight tickets: 

• Valid on InterMiles portal bookings 

• Credited annually upon renewal fee payment 

• Apply towards domestic or international flights 

• Credited within 45 working days post renewal 

Annual Hotel Discount Voucher 

Receive ₹1,000 discount voucher for hotel bookings: 

• Valid for hotel reservations on InterMiles platform 

• Annual renewal benefit 

• Use at hotels across India and worldwide 

• Credited within 45 working days post renewal fee payment 

Annual Renewal Value Summary: 

• 5,000 InterMiles (worth ~₹5,000) 

• ₹500 flight voucher 

• ₹1,000 hotel voucher 

• Total value: ₹6,500 against ₹5,900 annual fee (₹5,000 + GST) 

Lounge Access Benefits 

Domestic Airport Lounge Access 

Enjoy complimentary access to select domestic airport lounges across India: 

Access Criteria: 

• Spend minimum ₹5,000 in a calendar quarter on each card variant 

• Qualifying spend in one quarter unlocks access for the next quarter 

• 4 complimentary visits per quarter available: 

• 2 visits on American Express variant 

• 2 visits on Visa variant 

• If you hold both variants, you can access 4 total visits per quarter 

How to Access: 

• Present your InterMiles ICICI Bank Sapphiro Credit Card and boarding pass at lounge reception 

• Access fee temporarily charged and reversed automatically 

• Available at major airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, and more 

Lounge Amenities: 

• Comfortable seating areas 

• Complimentary food and beverages 

• High-speed Wi-Fi connectivity 

• Business facilities 

• Newspapers and magazines 

• Television and entertainment 

International Airport Lounge Access 

Access international airport lounges through complimentary DreamFolks membership: 

Benefits: 

• 2 complimentary international lounge visits annually 

• Access to over 650 lounges worldwide across 115+ countries 

• World's first all-in-one digital airport platform 

• Valid regardless of airline or travel class 

Annual Membership Value: 

• DreamFolks membership worth USD 99 provided complimentary 

• Significant savings on international lounge access fees 

How to Access: 

• Present your card and boarding pass at participating international lounges 

• USD 1 transaction temporarily charged and refunded 

• Access through DreamFolks network 

Domestic Airport Spa Access 

Enjoy premium spa services at select Indian airports: 

• 2 complimentary domestic airport spa sessions annually 

• Available through DreamFolks membership 

• Relax with professional spa treatments before your flight 

• Available at select major airports 

• Must present card and boarding pass 

Etihad Airways Benefits 

Economy Class Discount 

5% discount on Etihad Airways economy class tickets: 

• Applicable on direct bookings through Etihad Airways 

• Significant savings on Middle-East and connecting flights 

• Perfect for leisure travellers to Dubai, Abu Dhabi, and beyond 

• No minimum booking value requirements 

• Combine with InterMiles earning for double benefits 

Business Class Discount 

10% discount on Etihad Airways business class bookings: 

• Premium travel at reduced rates 

• Substantial savings on luxury air travel 

• Ideal for business travellers or special occasions 

• Access to Etihad's acclaimed business class service 

• Combine discount with accelerated InterMiles earning (12.5 per ₹100 on AmEx) 

Why This Matters: Etihad Airways operates an extensive network connecting India to Middle-East, Europe, America, Africa, and Australia through its Abu Dhabi hub. These exclusive discounts make the card particularly valuable for travellers to these regions. 

Dining Benefits 

ICICI Bank Culinary Treats Programme 

Enjoy exclusive dining privileges at premium restaurants across India: 

Benefits: 

• Minimum 15% discount at participating restaurants 

• Access to fine dining establishments nationwide 

• Advance table reservations at select restaurants 

• Priority seating during peak hours 

• Chef's special menus and experiences 

• Complimentary beverages at select locations 

How to Avail: 

• Check the ICICI Bank Culinary Treats partner list 

• Make reservations mentioning your Sapphiro card 

• Present card for payment to receive discounts 

• Benefits vary by restaurant and occasion 

Golf Privileges 

Complimentary Golf Rounds 

Enjoy complimentary rounds of golf at select premium courses across India: 

Earning Structure: 

• Earn 1 complimentary golf round or lesson for every ₹50,000 retail spend in the previous calendar month 

• Maximum of 4 complimentary rounds available every month 

• Valid at participating golf courses nationwide 

Example: Spend ₹2,00,000 in January = 4 golf rounds/lessons available in February and March 

Additional Benefits: 

• Access to premium golf courses 

• Professional lessons included 

• Excellent networking opportunities 

• Value: Each round typically worth ₹3,000-₹8,000 

Terms: 

• Based on eligible retail spends from previous month 

• Rounds/lessons must be availed within 2 months of earning 

• Advance booking required at participating courses 

• Subject to availability and course policies 

Entertainment Benefits 

BookMyShow Offer 

Enjoy exclusive movie ticket discounts: 

Benefit: 

• ₹500 discount on the second ticket 

• Available twice per month (maximum) 

• Valid on both website and mobile app bookings 

• Applicable at cinemas nationwide 

Annual Value: 

• 24 transactions per year × ₹500 discount = Up to ₹12,000 annual savings 

• Perfect for movie enthusiasts and families 

How to Use: 

• Book tickets on BookMyShow platform 

• Apply the ICICI credit card offer code 

• Pay using your InterMiles ICICI Bank Sapphiro Credit Card 

• Discount applied automatically at checkout 

Concierge Services 

24×7 i-Assist 

Access premium lifestyle concierge services round the clock: 

Contact Details: 

• Toll-free: 1800 26 70731 

• Alternate: 022 6787 2016 

• Available 24 hours, 7 days a week 

Services Offered: 

Travel Assistance: 

• Flight and hotel reservations 

• Travel itinerary planning 

• Visa and passport assistance 

• Airport transfers arrangement 

• Car rental bookings 

• Travel insurance queries 

Dining & Entertainment: 

• Restaurant recommendations and reservations 

• Theatre and event ticket bookings 

• Special occasion planning 

• Entertainment suggestions 

Lifestyle Services: 

• Gift delivery arrangements 

• Flower delivery services 

• Courier and logistics support 

• Shopping assistance 

Emergency Support: 

• Lost card assistance 

• Emergency cash arrangements 

• Medical referrals 

• Legal referrals 

• Translation services 

Business Services: 

• Conference and meeting arrangements 

• Business service referrals 

• Secretarial services 

Insurance Coverage 

Air Accident Insurance 

Comprehensive protection during air travel: 

Coverage Amount: Up to ₹3 crore (₹30 million) 

Eligibility: 

• Primary cardholder only 

• Add-on cardholders not covered 

• Underwritten by authorised insurance provider 

Coverage Details: 

• Covers air travel-related accidents 

• Worldwide coverage 

• Automatic activation with card issuance 

• Subject to policy terms, conditions, and exclusions 

Important: Review complete insurance policy document for full terms, exclusions, and claim procedures. 

 Fuel Benefits 

Fuel Surcharge Waiver 

Save on fuel expenses with 1% surcharge waiver: 

Terms: 

• 1% waiver on fuel transactions between ₹400-₹4,000 

• Applicable at all fuel stations accepting credit cards 

• Waiver credited automatically to account 

• GST on fuel surcharge is non-refundable 

Maximum Benefit: Varies based on monthly fuel spending patterns 

Note: Since fuel purchases earn 0 InterMiles, this card is not optimal for fuel spending. Use alternative cards with better fuel rewards for petrol/diesel purchases. 

Interest-Free Credit Period 

Grace Period 

Enjoy interest-free credit on purchases: 

• Up to 48 days interest-free period 

• Applicable when full outstanding amount is paid by due date 

• Period calculated from transaction date to payment due date 

• Does not apply to cash advances or EMI conversions 

Revolving Credit Facility 

Opt for revolving credit by paying Minimum Amount Due: 

• Pay as low as 5% of outstanding or ₹500 (whichever is higher) 

• Interest charged on unpaid balance at 3.5% per month (42% annually) 

• Flexibility to manage cash flow during tight months 

• Loss of interest-free benefit when using revolving credit 

Disclaimer 

The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice. Users are advised to verify all information with ICICI Bank official sources before making any decisions. The InterMiles ICICI Bank Sapphiro Credit Card is the ideal choice for frequent travellers who want to earn miles on everyday spending and redeem them for flights and hotels. This co-branded card, offered in partnership with India's leading travel rewards programme InterMiles, is particularly valuable for those who travel to Middle-Eastern destinations frequently, thanks to its exclusive Etihad Airways partnership benefits. 

As a replacement for the discontinued Jet Privilege ICICI Bank Sapphiro Credit Card following Jet Airways' cessation of operations, this card maintains the premium travel-centric value proposition whilst partnering with InterMiles' extensive network of airline and hotel partners. Whether you're a business traveller accumulating miles on work trips or a leisure enthusiast planning international holidays, this card ensures every rupee spent brings you closer to your next flight.