6 key ICICI Bank credit card changes from Nov 25, Dec 11 and Dec 15, 2026; check affected cards

ICICI Bank will withdraw complimentary insurance covers and the INOX benefit on a large set of its credit cards from December 15, 2026, while two changes for business and corporate cards take effect on November 25. Two more changes will be effective from December 11.

In total, there are six changes to ICICI Bank credit cards coming into effect in the upcoming weeks during November and December.

What changes from December 15, 2026

In a notice titled "Upcoming changes in ICICI Bank Credit Card Feature & Charges", the bank said, "The complimentary Air Accident and related Insurance Cover benefit linked to your Credit Card will be discontinued." The withdrawal covers the Emeralde Private Metal, Times Black, Emeralde, Emeralde Private, Diamant, Sapphiro and Rubyx credit cards.

A second cover will also end. "The complimentary Cancellation For Any Reason (CFAR) Cover benefit linked to your Credit Card will be discontinued," the notice said, for the Emeralde Private Metal, Times Black, Emeralde and Emeralde Private cards.

Holders of the Parakram and Parakram Select cards will lose a third benefit. "The complimentary Personal and Air Accident Insurance Cover benefit linked to your Credit Card will be discontinued."

The same December 15 date also applies to entertainment. "The complimentary INOX benefit linked to your Credit Card will be discontinued," the notice said, affecting the Rubyx, Coral, Expressions, Chennai Super Kings, MakeMyTrip Platinum, HPCL Super Saver, Emirates Rubyx, MakeMyTrip Signature and MakeMyTrip credit cards.

What changes from November 25

For business, corporate and purchase cards, the dynamic currency conversion fee rises sharply. "DCC fee, applicable on every international transaction performed in Indian currency at international locations or transactions carried out in Indian currency with merchants located in India but registered in a foreign nation, will be revised in line with your Credit Card's Forex Mark-up charges," the bank said. The present DCC fee of "1% of the transaction amount" becomes "3.50% of the transaction amount".

From the same date, a higher replacement charge for these cards will apply. "Starting November 25, 2026, a revised Replacement Fee of ₹300 + GST will be applicable for every Credit Card replacement," up from the existing ₹200 + GST.

What changes from December 11

From December 11, 2026, the card replacement fee will rise from ₹200 + GST to ₹ 300 + GST for all credit cards except the Emeralde Private Metal, 1838 Reserve and Times Black cards, and the Priority Pass replacement fee moves from nil to ₹300 + GST on premium cards including Emeralde, Sapphiro, Diamant and the MakeMyTrip variants.

Read together, the changes take away bundled protection from some of the bank's most expensive cards while raising the cost of routine servicing on both retail and commercial portfolios.

Summary of changes and affected ICICI Bank credit cards