Times Black ICICI Bank Credit Card
The Times Black ICICI is a super-premium metal card built around entertainment access — movies, concerts and events without the ticket counter — wrapped in unlimited domestic lounges, international Priority Pass and Quorum Club membership (curated events, dining and networking). It earns 2 reward points per ₹100 domestic (~0.8% at ₹0.40/point) and 2.5 per ₹100 international (~1%), on a milestone ladder that runs from a ₹10,000 Klook voucher at ₹2 lakh of spend to a ₹20,000 Ayatana voucher at ₹20 lakh, and a 1.49% forex/DCC markup — the lowest ICICI charges on any card bar the MakeMyTrip. The ₹20,000 fee waives only at ₹25 lakh, so this is genuinely brilliant for the person attending ticketed events most weeks and a ₹20,000 indulgence for everyone else. Note the trims: a 5,000 RP/cycle cap on utility, insurance, education and government payments, and fuel, rent and EMI excluded outright — so buy it purely for the access, at volume.
Key features
What this card is built to do — the highlights that actually matter.
1% on International
2.5 reward points per ₹100 on eligible international spend (~1% at ₹0.40/point) — ICICI writes this as "2.5% ICICI Bank reward points", which at its stated ₹1 point ceiling is 2.5 points per ₹100, not per ₹200
0.8% on Other
2 reward points per ₹100 on eligible domestic spend (~0.8% at ₹0.40/point, up to ~2% if a point is redeemed at its ₹1 ceiling); utility, insurance, education and government payments are capped at 5,000 points a statement cycle; fuel, rent and EMI-converted transactions earn nothing
️ Airport Lounge Access
Unlimited domestic and international airport lounge access via complimentary Priority Pass for the primary and Plus cardholder
Annual Fee Waiver
Fee of ₹20,000 + 18% GST (₹23,600 all-in)/yr fully waived when you spend ₹25,00,000/year
24x7 Concierge
24x7 lifestyle concierge with curated dining, travel and event privileges
Movie Ticket Benefit
Unlimited complimentary movie and event tickets via BookMyShow, plus priority access to concerts and sporting events
OTT Subscription
Complimentary Times Prime Gold membership bundling subscriptions and partner offers
Milestone Bonus
~₹5,000 in bonus rewards on hitting annual spend milestones
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| International | reward points | 1% | — |
| Other | reward points | 0.8% | — |
| Utility Bills | reward points | 0.8% | ₹2,000 |
| Insurance | reward points | 0.8% | ₹2,000 |
| Education | reward points | 0.8% | ₹2,000 |
| Government & Tax | reward points | 0.8% | ₹2,000 |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹23,600 |
| Joining fee (incl. 18% GST) | ₹23,600 |
| Forex markup | 1.49% |
| Add-on card fee | ₹3,500 |
Perks & benefits
Estimated annual value beyond rewards — ~₹1,13,000/yr in total.
cobranded ott ~ ₹1,000 /yr
Complimentary Times Prime Gold membership bundling subscriptions and partner offers
concierge
24x7 lifestyle concierge with curated dining, travel and event privileges
️ lounge access ~ ₹50,000 /yr
Unlimited domestic and international airport lounge access via complimentary Priority Pass for the primary and Plus cardholder
milestone bonus ~ ₹5,000 /yr
Klook gift voucher worth ₹10,000 at ₹2 lakh of spend, claimed through the Times Black app; valued here at half face value because it is spendable only on Klook experiences
milestone bonus ~ ₹5,000 /yr
Tata CLiQ Luxury gift voucher worth ₹10,000 at ₹10 lakh of spend; ₹5 lakh instead unlocks complimentary Avis, Indian Travel House or BLADE airport transfers, and ₹20 lakh an Ayatana Resorts voucher worth ₹20,000
fuel waiver ~ ₹2,000 /yr
1% fuel surcharge waiver at every petrol pump on transactions up to ₹4,000, applied to fuel spend of up to ₹1,00,000 a statement cycle — double the ₹50,000 most ICICI cards get
movie ticket ~ ₹50,000 /yr
Unlimited complimentary movie and event tickets via BookMyShow, plus priority access to concerts and sporting events
Milestone ladder
- 1₹2,00,000 a year₹5,000 of value
- 2₹10,00,000 a year₹5,000 of value
Should you get it?
Best for: Entertainment power user — 4+ movies + 2+ events monthly, Concert and sporting event attendee, ICICI HNW customer with significant entertainment lifestyle budget, Times Prime Gold power user (Uber/Swiggy/Zomato daily user)
Super Premium tier — built for high spenders who want top-end perks.
Strongest value if you spend heavily on International ( 1% back).
Frequent travellers benefit from the included airport lounge access.
✓ Pros
- Unlimited movie and event tickets via BookMyShow — no cap on complimentary tickets
- Priority access to concerts, sports events, and premium entertainment
- Times Prime Gold membership included — access to Uber One, Swiggy One, Zomato Pro, and more
- Lounge access and premium lifestyle concierge
✕ Cons
- ₹20,000 annual fee — justified only for very heavy entertainment and event spending
- Value is concentration-dependent — BookMyShow unlimited benefits require 8+ events/month to beat the fee
- Available only to ICICI HNW relationship customers — not open market
- The ₹20,000 fee only pays off at heavy entertainment/travel volume and a ₹25 lakh spend
Eligibility & documents
Min. income
₹2,50,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / address proof
- Income proof (salary slips or ITR)
- Invite or pre-approved offer from ICICI Bank
How to redeem rewards
Ways to convert what you earn into real value.
🎁 Redeem reward points on the ICICI iShop portal for flights, hotels and vouchers (best value)
🎁 Statement credit and bill payment via the iMobile / Times Black app
🎁 Catalogue merchandise and gift vouchers
What your ICICI Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit 1 RP = ₹0.40 against the statement — ICICI's only published rate
Amazon / Flipkart vouchers Voucher store; ICICI publishes only an 'up to ₹1' ceiling, never a realised rate
iShop flights & hotels iShop travel; rate is set per card at checkout, so the ₹1 ceiling is not a value
Air India Maharaja transfer BEST Air India is ICICI's only transfer partner, and the ratio splits 6x by card: Emeralde Private Metal and Times Black convert 1:1 (⇒ ₹1/pt), every other eligible card 6:1 (⇒ ₹0.17/pt — worse than the ₹0.40 voucher route, so on those cards transferring destroys value). Min 2,000 points; credited in up to 5 working days.
✈ Transfer partners ✈ Air India Maharaja Club ( 1:1 ) Value your balance: ICICI Reward Points ✈ Air India Maharaja Club ( 1:1 ) ₹ 10,000 vs. typical redemption ₹ 4,000 Direct transfers from this card only, ranked by what a point is worth in the destination programme . Full calculator, every currency → The concern The fee only makes sense at extreme entertainment/travel consumption and a ₹25 lakh spend, and the trims (5,000 RP/cycle caps on utility, insurance, education and government payments, fuel/rent/EMI excluded) weakened the rewards further.
The bottom line
Times Black targets a distinct lifestyle demographic: individuals who regularly attend live shows, concerts, and premium ticketed events. For this audience, priority entertainment access, uncapped lounge visits, and Quorum Club privileges can comfortably outweigh the ₹20,000 price tag. For general spenders, however, the steep ₹25 lakh waiver threshold and modest ~0.8% domestic reward rate mean the card should be selected strictly for its experiential access rather than everyday points accumulation.
Sources & verification
Fees, reward rates, and benefits for the Times Black ICICI Bank Credit Card are taken from ICICI Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 13 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for ICICI Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · 2 changes · last change Jan 2026
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2026 1 change — 1 cut
▼ Reward Observed 15 Jan 2026 · Effective Jan 2026
Early-2026 reward devaluation
6X iShop accelerator; uncapped base earn → base 2%/2.5% only; 5,000 RP/cycle cap; fuel, rent & EMI excluded
As part of ICICI's bank-wide reward cuts, a 5,000 reward-points-per-cycle cap was applied to utility, insurance, education and government payments, and fuel, rent and EMI-converted transactions stopped earning — the card's own terms now state that points credited on a transaction later converted to EMI are reversed. Base earning is 2 reward points per ₹100 domestic and 2.5 per ₹100 international, which ICICI writes as "2%" and "2.5%" against the ₹1 ceiling a point can reach. The caps and exclusions are confirmed in ICICI's MITC and the card's own T&C; the removal of a 6X iShop voucher accelerator is NOT stated in any ICICI document we can find and rests on secondary reporting alone.
Verification: ICICI Bank ↗ · Confidence: High
2024 1 change — 1 neutral
◆ Launch Effective 18 Dec 2024
Times Black ICICI Bank Credit Card launches
ICICI Bank and Times Internet launched this super-premium metal Visa card for HNW customers at a ₹20,000 + GST joining and annual fee (waived at ₹25 lakh annual spend), earning 2% reward points domestic and 2.5% international with a 1.49% forex markup, unlimited lounge access, Quorum Club membership and milestone benefits.
Verification: ICICI Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Quick summary
Type Super Premium credit card
Reward rate 0.8%–1%
Best for Entertainment power user — 4+ movies + 2+ events monthly
Joining fee ₹20,000
Annual fee ₹20,000
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 13 Aug 2026
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