Adani One ICICI Bank Signature
DowngradeGreat lounges, points trapped inside an airport app.
What it's worth to you — net annual value
Welcome: ₹5,000 flight + ₹2,000 hotel vouchers (flight voucher on ₹25k spend within 60 days)
How these numbers are computed →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
The take
The Adani One Signature earns 1.5 Adani Reward Points per ₹100 on everything — 7 inside the Adani One app — and at the official 1 point = ₹1 that is a real 1.5%. The catch is where the points go: back into the Adani ecosystem only — flights, hotels and airport services at Adani-run terminals — with no transfers and no cash-out. The lounge stack is the actual reason to hold it: four domestic visits a quarter (16 a year, gated at ₹75,000 of prior-quarter spend) plus two international via Priority Pass, with ₹7,000 of first-year vouchers and a ₹5,000 fee that waives at ₹6L. If you fly through Adani's airports the closed loop is livable; if you don't, you are collecting frequent-flyer miles for an airline you will never board. 3.5% forex seals it as a home card. Downgrade for most wallets.
What's good
- 1.5 Adani Reward Points/₹100 everywhere, 7 inside the Adani One app (1 point = ₹1)
- 16 domestic lounge visits a year + 2 international via Priority Pass
- ₹7,000 of first-year flight and hotel vouchers
- Fee waived at ₹6L annual spend
Watch out
- Points are closed-loop — spendable only inside the Adani One app, no transfers, no cash
- Domestic lounges gated behind ₹75k of prior-quarter spend
- 3.5% forex markup — no reason to take it abroad
- Value collapses if you don't use Adani airports and services
What earns, what doesn't
Earns Adani Reward Points (1 point = ₹1, closed loop). 1.5/₹100 general, 7/₹100 inside the Adani One app, 2/₹100 international. ICICI 5-Feb-2024 bank-wide exclusions (rent, wallet) apply; fuel/utility/insurance are surcharge-waiver-or-reduced per ICICI's non-EPM treatment — community mapping where the card page is silent.
- Fuel · excluded Zero points; 1% surcharge waiver on fuel txns — community mapping, flag
- Rent & property management · excluded Zero points (ICICI-wide 6513/7349, 5-Feb-2024); 1% rent fee applies
- Wallet loads · excluded Zero points; ICICI-wide wallet-load exclusion (5-Feb-2024)
- Utilities (electricity/water/gas) · reduced ICICI utility bucket → reduced earn — community mapping, flag
Lounge access
Gate: ₹75k prior-quarter spend
Opens 581 of 644 tracked lounge doors across 242 airports — see the full map →
Can you get it?
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
ICICI Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official ICICI Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →
The fine print
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
Joining and annual fee ₹5,000, waived at ₹6L annual spend. Domestic lounge access needs ₹75k prior-quarter spend. Full 3.5% forex. ICICI publishes no income/age criteria in the MITC — not published.
per the official ICICI Bank MITC · reviewed 10 Jul 2026
What's changed for this card
Full tracker →Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to.
- 1 Feb 2026ICICI gates its BookMyShow movie perk behind quarterly spendComplimentary BookMyShow ticket offer, no spend condition → Needs ₹25,000 spend in the preceding quarter
ICICI didn't kill the BookMyShow benefit outright — Instant Platinum loses it entirely from 1 February 2026, while other cards keep it only if you've spent ₹25,000 in the prior quarter. It's a small perk on paper, but it's part of the same February devaluation wave that also killed several reward categories, and it signals ICICI is done handing out 'free' lifestyle perks with no spend attached.
- 15 Jan 2026ICICI caps transport rewards and excludes rent, tax, fuel spendsEmeralde/Sapphiro earned on unlimited transport; 1.99% DCC → Transport rewards capped at ₹20,000/month; DCC to 2%
From 15 January 2026, Emeralde, Emeralde Private, Sapphiro and Rubyx only earn points on the first ₹20,000 of monthly transport spend, and government services, fuel, rent, tax and third-party wallet loads earn nothing at all — categories that used to be reliable point-farming ground. Layer on a DCC fee hike to 2% and a new ₹3,500 add-on card fee, and this is one of the broadest single-day devaluations any Indian issuer has run across its premium metal tier.
- 15 Nov 2024ICICI's November purge: rewards, lounges and 1% feesBroad earn; easy spend-based lounge access → Rent/gov/education excluded; grocery capped; 1% ed/utility fee; spend-gated lounges
The single worst day of 2024 for ICICI holders, Emeralde Private included. Rent, government and education spends stop earning and stop counting toward fee waivers, grocery rewards get capped, a 1% fee lands on third-party education/utility, and lounge access is restructured behind prior-spend gates.
- 5 Feb 2024ICICI stops rewards on rent and wallet loadsRent and e-wallet loads earned points → Zero reward points
ICICI's opening move of 2024: from 5 February, rent payments and e-wallet loading earn nothing. A quiet start to what became a brutal year for ICICI reward chasers.
- 22 Nov 2022ICICI Bank launches invite-only Emeralde Private Metal cardNo true super-premium ICICI travel card → Emeralde Private Metal: 3% back, unlimited lounge/golf
ICICI finally built a card that could sit at the same table as Infinia and Magnus — invite-only, metal, 3% uncapped value-back, unlimited lounge and golf access, plus a Taj Epicure membership thrown in. It marked ICICI's real entry into India's super-premium travel-card fight.
- 18 Jan 2019ICICI Bank launches Emeralde, wedging above SapphiroSapphiro topped ICICI's travel-and-rewards credit card lineup → Emeralde debuts with ~₹3 lakh in annual benefits at a ₹12,000 fee
ICICI Bank soft-launched the Emeralde credit card on January 18, 2019, slotting it above Sapphiro with a headline claim of roughly ₹3 lakh in annual benefit value against a ₹12,000 annual fee. It gave ICICI a genuine super-premium travel card to compete with HDFC Infinia and Diners Black for the first time, years before the invite-only Emeralde Private Metal would push the lineup even further upmarket.
Go deeper
Sources
Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.
- official Product page checked 12 Jul 2026
- official MITC PDF checked 12 Jul 2026
- official Launch press release (with Visa) checked 12 Jul 2026
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