## Introduction
The ICICI Bank CIBIL Sapphiro Credit Card is a popular choice among credit card users in India, primarily due to its lifetime free offer under certain conditions. This article will delve into the features, benefits, and eligibility criteria of this card, helping you decide if it's the right fit for your financial needs. The card is special as its offered as dual variant cards with Mastercard and American Express or Visa variant as per the requirment of the Card holder.
## Key Features
1. **Lifetime Free Offer**:
- Available for ICICI Bank salary account holders
- Offered to ultra-high net worth or high net worth individuals
- Available through the bank's alumni program
2. **Card Ranking**:
- Third best card in ICICI Bank's lineup based on Fees
- Below the Diament (rarely available) and Emerald Private Metal credit cards
3. **Joining Fee and Renewal**:
- Joining fee: ₹6,500 (if not offered lifetime free)
- Annual renewal fee: ₹3,500
- 22,000 ICICI Bank reward points provided annually
4. **Reward Structure**:
- 4 points per ₹100 spent on international transactions
- 2 points per ₹100 spent on domestic transactions
- 1 point per ₹100 spent on utilities and insurance
5. **Airport Lounge Access**:
- 2 international airport lounge accesses
- 4 domestic airport lounge accesses through DreamFolks program
6. **Golf Benefits**:
- 4 golf rounds per year (minimum spend of ₹50,000 in the last statement required)
7. **Movie Ticket Benefit**:
- 2 free movie tickets per month on BookMyShow as BOGO for second ticket up to Rs 500 (unconditional)
8. **Insurance Coverage**:
- Air accident cover up to ₹3 crore (conditions apply)
9. **Fuel Surcharge Waiver**:
- 1% fuel surcharge waiver
## Welcome Benefits
When paying the joining fee, cardholders receive welcome vouchers worth ₹9,000:
- Tata CLiQ: ₹3,000
- EaseMyTrip: ₹4,000
- Uber: ₹1,000 (four vouchers of ₹250 each)
- Croma: ₹1,500
## DreamFolks Membership
- Access to airport spas in cities like New Delhi, Mumbai, Lucknow, Jaipur, Indore, Hyderabad, Kochi, and Ahmedabad
- Lounge access at various international locations
## Reward Point Redemption
- Standard value: ₹0.25 per point
- Can be converted to Air India Flying Return points at a 6:1 ratio
## Eligibility for Lifetime Free Offer
The card is offered lifetime free to alumni of prestigious institutions, including:
- IIMs, IITs, BITS, AIIMS, NLUs, XLRI, and many more (full list available on the ICICI Bank website) or Click here
- Government employees and high net worth individuals with ICICI Bank salary accounts
## Conclusion
The ICICI Bank CIBIL Sapphiro Credit Card offers a range of benefits, especially for those eligible for the lifetime free offer. While its reward rate may not be the highest, the combination of lounge access, golf benefits, and movie tickets make it an attractive option for many users. If you're an alumnus of a listed institution or have a high-value salary account with ICICI Bank, this card could be an excellent addition to your wallet without any annual fees.
Remember to check with your relationship manager or apply directly through the ICICI Bank website to see if you're eligible for the lifetime free offer. As always, consider your spending habits and financial goals when choosing a credit card.
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