Point value
Not published by issuer — varies by redemption
ICICI AMEX
Rubyx American Express
Should you get this?
Conditional fit
Why this card
- 2 per quarter domestic lounge.
- You can comfortably spend ₹3,00,000 a year on the card.
Trade-off
The annual fee (₹2,000) is waived only after ₹3,00,000 of eligible annual spend.
Annual fee ₹2,000 per year
Rewards 2 pts / ₹100
Lounge access 2 per quarter
Forex markup 3.5% high
Compare with Axis Bank Privilege →
Similar lounge profile
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend2 pts / ₹100——
Annual fee break-even math
When does this card pay for itself ₹3L yearly spend to waive the annual fee
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 getBase earn
2 points per ₹100
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocksRealismStrength
Annual fee waiver₹3,00,000yearAnnual fee waiverhighstrong
Lounge access spend gate₹75,000quarterLounge eligibilityreasonablestrong
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: ~1,000 pts/month (base earn · uses base/general earn rate)
- 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 factsBenefits
Lounge Access
- Domestic (cardholder)
- 2 per quarter · verified 6 Jul 2026 Condition: ₹75,000 spend in the calendar quarter
8 sources agree · verify issuer terms before applying
Where to verify
- CardInsider
- PaisaBazaar
- ICICI official page
- Card Maven
- Issuer site (verified manually) , opens external site
- ICICI Bank In Rubyx Official
- Operator config (Icici Rubyx Amex Domestic Quarterly)
- Operator-verified anchor
- International (cardholder)
- Not included International details not available.
8 sources agree · verify issuer terms before applying
Where to verify
- CardInsider
- PaisaBazaar
- ICICI official page
- Card Maven
- Issuer site (verified manually) , opens external site
- ICICI Bank In Rubyx Official
- Operator config (Icici Rubyx Amex Domestic Quarterly)
- Operator-verified anchor
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
- Fee waiver spend
- ₹3,00,000 Above catalog median waiver (₹2,00,000 vs ₹3,00,000).
- Interest-free period
- Up to 48 days · verified 7 Jul 2026
International Use
- Forex markup
- 3.5%
3 sources agree · verify issuer terms before applying
Where to verify
- ICICI official page
- CardInsider
- Card Maven
- Issuer site (verify current terms) , opens external site
- Product tier
- Mid-tier
Travel & perks
Fuel Benefits
At the pumpNo verified fuel benefit available.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshLatest update
- Annual fee: ₹2,000.
- Forex markup currently listed at 3.5%.
- 2 per quarter domestic lounge.
Common questions
From verified card factsIs 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 at ₹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 more
Guides matched to this card — not a random syllabus.
- How reward rate works
Pts / ₹100 without the marketing fog - Billing cycle
Statement date vs due date, clearly - How interest works
The real cost of paying the minimum