ICICI Bank credit cardholders will see several changes in November and December 2026, including the withdrawal of complimentary insurance covers and entertainment benefits, higher dynamic currency conversion (DCC) charges and increased card replacement fees.
The changes will take effect on November 25, December 11 and December 15, 2026, and will affect different categories of retail, business and corporate credit cards. Here is a look at the six key changes and the ICICI Bank credit cards covered under each update.
ICICI Bank credit card changes effective December 15
1. ICICI Bank to discontinue air accident insurance cover from December 15
ICICI Bank will discontinue the complimentary Air Accident and related Insurance Cover linked to several credit cards from December 15, 2026.
The affected cards include Emeralde Private Metal, Times Black, Emeralde, Emeralde Private, Diamant, Sapphiro and Rubyx.
2. ICICI Bank credit cards to lose complimentary CFAR cover
The bank will also discontinue the complimentary Cancellation For Any Reason (CFAR) Cover from December 15, 2026.
This change will apply to Emeralde Private Metal, Times Black, Emeralde and Emeralde Private credit cards. Cardholders using these variants will no longer receive the complimentary CFAR benefit linked to their cards.
3. Parakram credit cards to lose personal and air accident insurance benefits
ICICI Bank will withdraw the complimentary Personal and Air Accident Insurance Cover on its Parakram and Parakram Select credit cards from December 15, 2026.
Cardholders using these two variants will lose access to this complimentary insurance benefit from the effective date.
4. ICICI Bank to discontinue complimentary INOX benefits from December 15
The complimentary INOX benefit will also be discontinued on several ICICI Bank credit cards from December 15, 2026.
The affected cards include Rubyx, Coral, Expressions, Chennai Super Kings, MakeMyTrip Platinum, HPCL Super Saver, Emirates Rubyx, MakeMyTrip Signature and MakeMyTrip credit cards.
ICICI Bank credit card fee changes from November 25 and December 11
5. ICICI Bank DCC fee to rise from 1% to 3.50% on November 25
ICICI Bank will increase the dynamic currency conversion (DCC) fee on business, corporate and purchase credit cards from November 25, 2026.
The existing fee of 1% of the transaction amount will be revised to 3.50%, in line with the forex mark-up charges applicable to the credit card.
The charge applies to international transactions carried out in Indian rupees at international locations. It also covers transactions made in Indian rupees with merchants located in India but registered in a foreign country.
The affected cards include Business Black Advantage, Business Blue Advantage, Travel Agent Card (BCCL-V), Business Platinum, Business AMEX Essential, Business ASCENT AMEX, Business Purchase Cards and corporate credit cards.
6. ICICI Bank credit card and Priority Pass replacement fees to increase to ₹300
ICICI Bank will revise credit card replacement charges in two phases, depending on the card category.
For business, corporate and purchase credit cards, the replacement fee will increase from ₹200 plus GST to ₹300 plus GST from November 25, 2026.
For retail credit cards, the revised fee will take effect from December 11, 2026. The replacement charge will increase from ₹200 plus GST to ₹300 plus GST for all credit cards except Emeralde Private Metal, 1838 Reserve and Times Black.
The bank will also introduce a replacement fee for Priority Pass cards from December 11, 2026. The charge will increase from nil to ₹300 plus GST.
The affected cards include Emeralde Private Metal, Emeralde Private, Emeralde, Sapphiro, Times Black, MakeMyTrip Signature, MakeMyTrip, Emirates Skywards Emeralde, Emirates Skywards Sapphiro, Adani One Signature, Parakram Select and Diamant World Mastercard.