ICICI

Rubyx American Express Credit Card

Good for lounge, movie and lifestyle benefits if you can meet the spend requirements.

Should you get this?

Conditional fit

Some details need issuer confirmation

Why this card

  • Published base rewards of 2 pts / ₹100.
  • Published lounge access: 2 per quarter · ₹75,000 spend in the previous calendar quarter.
Issuer evidence · 3 sources →
Compare with Axis Bank Privilege →

Both publish 2 domestic lounge visits per quarter; Axis Privilege has the lower annual fee and higher base earn rate.

Trade-off

The annual fee (₹2,000) is waived only when eligible annual spend exceeds ₹3,00,000.

Card fees ₹3,000 to join From year 2 · ₹2,000 / year
Rewards 2 pts / ₹100
Lounge access 2 per quarter · ₹75,000 spend in the previous calendar quarter
Forex markup 3.5% high

What it costs to get, and to keep

Joining vs renewal

First year

₹3,000joining fee

From year 2

₹2,000renewal fee

Waived above ₹3,00,000 eligible annual spend

Welcome offer

Issuer lists benefits worth over ₹5,000

Tata CLiQ · EaseMyTrip · Tata Croma · EaseMyTrip Holiday Packages · EazyDiner

Qualification and fulfilment conditions apply

Rewards

Earning rules

Detail · from the summary above
ScopeRateEligibilityLimit
General spend2 pts / ₹100Credited as reward pointsNot stated

How to avoid the annual fee

Spend threshold for waiver
Above ₹3L annual eligible spend required for the waiver

Annual fee is ₹2,000. The issuer doesn't publish a documented cash value for its reward points, so a reliable rewards break-even estimate can't be shown.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Eligible spend

2 points per ₹100 on eligible spend

Point value

Not published by issuer — varies by redemption

Realisation

Credited as reward points

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocks
Annual fee waiver₹3,00,000yearAnnual fee waiver
Domestic lounge spend gate₹75,000quarterLounge eligibility

Watch outs

Before choosing this card
  • Forex markup is 3.5%, so frequent international spends may be costly.
  • Reward point value isn't clearly documented yet, so overall returns may vary.

Estimated usage

Example usage at this monthly spend

₹
  • At this monthly spend, you'd earn: Up to ~1,000 pts/month if the entire spend qualifies for base earn · uses base/general earn rate. Excluded transactions earn less.
  • We can estimate the points earned, but not a verified ₹ value yet.
  • Fee waiver achievable at this spend
  • Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts
Benefits

Lounge Access

Domestic (cardholder)
2 per quarter · verified 6 Jul 2026 Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
International (cardholder)
Not included on base card No international lounge access.

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
ICICI domestic airport lounge list , opens external site
ICICI railway lounge programme , opens external site

Rewards

Points per ₹100
2 points per ₹100 value depends on redemption

Insurance Cover

Air accident cover
₹1 crore · verified 6 Jul 2026
Lost card liability cover
₹50,000 · verified 6 Jul 2026
Underwriter
Insured by ICICI Lombard General Insurance Company Limited · verified 7 Jul 2026
Fees & charges

Fees

Monthly interest rate
3.75% / month
Annual fee
₹2,000
Joining fee
₹3,000 · verified 3 Sept 2026
Fee waiver spend
Above ₹3,00,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹3,00,000.
Interest-free period
Up to 48 days · verified 7 Jul 2026

International Use

Forex markup
3.5%

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
Product tier
Mid-tier

Travel & perks

Fuel Benefits

At the pump
  • 1% fuel surcharge waived on transactions ₹400–₹4,000.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits
SIDE BY SIDE
ICICI Bank Rubyx American Express
vs
Kotak Mahindra Bank Zen Signature
SIDE BY SIDE
ICICI Bank Rubyx American Express
vs
SBI Card Miles Prime
SIDE BY SIDE
ICICI Bank Rubyx American Express
vs
SBI Card Prime

The fine print

Caps · exclusions · earning · redemption · last refresh

Exclusions

These spends do not earn reward points.

Financial

  • Fuel

Latest update

  • Annual fee: ₹2,000.
  • Forex markup currently listed at 3.5%.
  • 2 per quarter domestic lounge · ₹75,000 spend in the previous calendar quarter.

Common questions

From verified card facts

Is this good for lounge access?

2 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies above ₹3,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

Issuer lists a welcome benefit over ₹5,000. Included items: Tata CLiQ — Illustrative verified item from issuer page bundle; issuer wording indicates additional items., EaseMyTrip — Illustrative verified item from issuer page bundle; issuer wording indicates additional items., Tata Croma — Illustrative verified item from issuer page bundle; issuer wording indicates additional items., EaseMyTrip Holiday Packages — Illustrative verified item from issuer page bundle; issuer wording indicates additional items., EazyDiner — Issuer page lists EazyDiner in the welcome bundle without a verified scalar amount. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

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Last refreshed 3 Sept 2026 moneymatters.cards Change look saved in this browser only
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.

Money Matters is an independent comparison and information service. It is not affiliated with, sponsored by, or endorsed by any bank or card issuer. Card and issuer names are trademarks of their respective owners and are used here only to identify the products being compared.