ICICI Bank Times Black credit card review: fees, rewards and eligibility
The ICICI Bank Times Black has a recorded annual fee of ₹20,000 plus GST and a base earn of 2 ICICI Bank Reward Points per ₹100 on eligible domestic spend. CardMasters checked its issuer terms on 2026-08-01. Affiliate commission never changes ranking; confirm final terms and approval with ICICI Bank.
ICICI Bank Times Black: short answer
The ICICI Bank Times Black is in the super-premium tier of ICICI Bank credit cards, with a joining fee of ₹20,000, an annual fee of ₹20,000 plus GST (waived on ₹25,00,000 of eligible annual spend), a base earn of 2 ICICI Bank Reward Points per ₹100 on eligible domestic spend and a 1.49% forex markup. Rewards are not earned on fuel, rent, emi. It suits travel, luxury, high spender spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
Reward structure
2 ICICI Bank Reward Points per ₹100 on eligible domestic spend
- 2.5 points per ₹100 on international spends — 2.5 ICICI Bank Reward Points per ₹100 on eligible international spend.
- 2 points per ₹100 on utility, insurance, education and government payments (5,000 points monthly cap) — Combined 5,000 Reward Point cap per statement cycle across these four categories.
Eligibility and important limits
minimum age 21, published monthly income floor ₹2,00,000 ICICI publishes Indian citizenship, age over 21, ₹2 lakh monthly salary or ₹24 lakh annual self-employed income. No numeric bureau-score cutoff is published. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, rent, emi.
Important limit: CardMasters values Reward Points at the published ₹0.40 statement-credit rate, not the up-to-₹1 catalog value.
Frequently asked questions
What is the annual fee for the ICICI Bank Times Black?
The published annual fee in our current record is ₹20,000 plus applicable GST. It can be waived after ₹25,00,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the ICICI Bank Times Black?
2 ICICI Bank Reward Points per ₹100 on eligible domestic spend. Accelerated routes include 2.5 points per ₹100 on international spends; 2 points per ₹100 on utility, insurance, education and government payments (5,000 points monthly cap). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the ICICI Bank Times Black?
The current issuer-sourced exclusions recorded by CardMasters include fuel, rent, emi. Merchant category coding and issuer terms determine final eligibility.
Who should consider the ICICI Bank Times Black?
It is most relevant for people focused on travel, luxury, high spender, low forex. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the ICICI Bank Times Black worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹20,000 plus GST each year. The fee is waived at ₹25,00,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the ICICI Bank Times Black?
The published minimum age is 21. The published monthly income floor is ₹2,00,000. ICICI publishes Indian citizenship, age over 21, ₹2 lakh monthly salary or ₹24 lakh annual self-employed income. No numeric bureau-score cutoff is published. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the ICICI Bank Times Black?
The recorded foreign-currency markup is 1.49% before GST. On ₹1,00,000 of international spend that is about ₹1,490 in markup, so compare it against any rewards earned on overseas transactions.
Does the ICICI Bank Times Black offer airport lounge access?
Domestic lounge access: unlimited. International lounge access: unlimited via Priority Pass for primary and Plus Cardholders. Spend conditions and guest charges are set by the issuer and can change.