One of the key benefits of the Sapphiro Credit Card is the reward points program. Customers can earn reward points on every transaction they make using the card. These reward points can be redeemed for a variety of products and services, including air miles, hotel stays, and merchandise. The card also offers accelerated reward points on select categories such as dining, travel, and shopping.
In addition to the reward points program, the Sapphiro Credit Card also offers a range of lifestyle benefits. These include complimentary access to airport lounges, concierge services, and exclusive offers on dining, shopping, and entertainment. The card also comes with comprehensive insurance coverage, including travel insurance, purchase protection, and fraud liability protection.
Key Features of Sapphiro Credit Card
Sapphiro Credit Card is one of the premium credit cards offered by ICICI Bank. It comes with a range of features and benefits that are designed to cater to the needs of the high-end customers. Here are some of the key features:
Welcome Benefits
Sapphiro Credit Card offers a range of welcome benefits to its customers. On joining, the cardholder gets a complimentary set of Sennheiser HD 4.50BTNC headphones worth Rs. 14,990. In addition, the cardholder gets a voucher worth Rs. 10,000 from Taj Hotels, which can be redeemed for stays, dining, and spa services.
Reward Points
Sapphiro Credit Card offers reward points for every transaction made using the card. The cardholder earns 2 reward points for every Rs. 100 spent on the card. The reward points can be redeemed for a range of products and services, including air tickets, hotel stays, and merchandise.
Lounge Access
Sapphiro Credit Card offers complimentary lounge access to its customers. The cardholder can access select domestic and international airport lounges across India and abroad. The cardholder can also avail of a complimentary Priority Pass membership, which gives access to over 1,000 airport lounges worldwide.
Insurance Benefits
Sapphiro Credit Card offers a range of insurance benefits to its customers. The cardholder gets a complimentary air accident insurance cover of up to Rs. 3 crore. In addition, the cardholder gets a complimentary credit shield cover of up to Rs. 50 lakh, which covers the outstanding balance on the card in case of the cardholder’s death.
Dining Benefits
Sapphiro Credit Card offers a range of dining benefits to its customers. The cardholder can avail of discounts and offers at select restaurants across India. The cardholder can also avail of a complimentary Culinary Treats membership, which gives discounts and offers at select restaurants across India.
Overall, Sapphiro Credit Card is a premium credit card that offers a range of features and benefits to its customers.
Reward Points Benefits
Sapphiro credit card offers a range of reward points benefits to its users. Cardholders earn reward points on every transaction they make using the card. These reward points can be redeemed for a variety of benefits, including travel rewards, dining rewards, and shopping rewards.
Travel Rewards
Sapphiro credit cardholders can redeem their reward points for travel rewards, such as flight tickets, hotel bookings, and car rentals. The card offers access to a range of airlines and hotels, allowing users to choose the travel option that best suits their needs. The reward points can also be used to upgrade to business or first-class tickets, providing users with a luxurious travel experience.
Dining Rewards
Sapphiro credit cardholders can also redeem their reward points for dining rewards. The card offers access to a range of restaurants and cafes, allowing users to enjoy a delicious meal with their loved ones. The reward points can be used to pay for the bill or to get discounts on the total amount. This makes the Sapphiro credit card a great option for foodies who love to dine out.
Shopping Rewards
Sapphiro credit cardholders can also redeem their reward points for shopping rewards. The card offers access to a range of retail stores and online shopping portals, allowing users to buy products they need or desire. The reward points can be used to pay for the products or to get discounts on the total amount. This makes the Sapphiro credit card a great option for shoppers who love to shop for the latest fashion trends or gadgets.
Overall, the Sapphiro credit card reward points benefits offer a range of options for users to choose from. Cardholders can choose the benefit that best suits their needs and preferences.
Insurance Benefits
Sapphiro credit card offers a range of insurance benefits to its users. These benefits are designed to provide protection and peace of mind to cardholders. The insurance benefits can be broadly categorized into two types: Travel Insurance and Purchase Protection.
Travel Insurance
Sapphiro credit card offers comprehensive travel insurance to its users. The insurance covers a range of travel-related risks, including trip cancellation and interruption, lost or delayed baggage, emergency medical expenses, and more. The coverage is available to the cardholder, their spouse, and dependent children.
The travel insurance benefit is automatically activated when the cardholder purchases their travel tickets using their Sapphiro credit card. The coverage is valid for up to 30 days from the date of departure.
Purchase Protection
Sapphiro credit card also offers purchase protection to its users. This benefit provides coverage against theft or accidental damage to the purchased item. The coverage is valid for up to 90 days from the date of purchase.
The purchase protection benefit is applicable to items that are purchased using the Sapphiro credit card. The coverage is limited to the actual cost of the item or the maximum coverage amount, whichever is lower.
In conclusion, Sapphiro credit card offers a range of insurance benefits to its users, including travel insurance and purchase protection. These benefits are designed to provide protection and peace of mind to cardholders when they travel or make purchases using their credit card.
Lounge Access Benefits
Sapphiro Credit Cardholders can enjoy complimentary access to select domestic and international airport lounges. The cardholders can avail of this benefit up to 4 times per quarter.
The lounges offer a range of facilities such as comfortable seating, complimentary food and beverages, Wi-Fi, and more. This benefit can be availed of by the primary cardholder as well as supplementary cardholders.
To avail of this benefit, the cardholder needs to present their Sapphiro Credit Card and a valid boarding pass at the lounge reception. The lounge access is subject to availability and the terms and conditions of the respective lounges.
The Sapphiro Credit Cardholders can check the list of participating lounges on the bank’s website or by calling the customer care number. It is recommended to check the eligibility criteria and other details before visiting the lounge.
Overall, the Lounge Access Benefit is a valuable perk for frequent travelers who want to relax and unwind before their flight.
Concierge Services
Sapphiro Credit Card holders have access to a range of concierge services to make their lives easier. These services are designed to help cardholders save time and hassle by taking care of tasks that would otherwise require their attention.
The concierge services available to Sapphiro Credit Card holders include:
- Travel assistance: Cardholders can receive help with booking flights, hotels, and rental cars, as well as recommendations for restaurants, events, and attractions at their destination.
- Event planning: The concierge team can help with planning and organizing events, such as weddings, parties, and business meetings.
- Personal shopping: Cardholders can request assistance with finding and purchasing gifts, clothing, and other items.
- Emergency services: The concierge team can help with emergency travel arrangements, medical assistance, and other urgent needs.
Sapphiro Credit Card holders can access these services by calling the concierge hotline, which is available 24/7. The concierge team is staffed by knowledgeable and experienced professionals who are dedicated to providing excellent service to cardholders.
Overall, the concierge services offered by Sapphiro Credit Card are a valuable benefit that can help cardholders save time and reduce stress. Whether they need help with travel arrangements, event planning, personal shopping, or emergency services, the concierge team is ready to assist them at any time.
Interest and Charges
Sapphiro credit cardholders enjoy a range of benefits, including competitive interest rates and charges. The interest rate charged on outstanding balances is 3.25% per month, which is subject to change based on market conditions and other factors.
The card also comes with a nominal annual fee of Rs. 2,999, which is waived off if the cardholder spends a minimum of Rs. 3 lakhs in a year. Additionally, there are no charges for cash withdrawals at ATMs, up to a limit of 20% of the credit limit.
Sapphiro credit cardholders can also benefit from a range of interest-free periods on purchases. For instance, if a cardholder makes a purchase of Rs. 10,000 on the 1st of the month and pays the full amount due on the 15th of the month, they will not be charged any interest on the purchase.
It is important to note that Sapphiro credit cardholders should always pay their bills on time to avoid late payment charges. Late payment charges are levied at the rate of 3% of the outstanding balance or Rs. 300, whichever is higher.
In summary, Sapphiro credit cardholders benefit from competitive interest rates and charges, interest-free periods on purchases, and no charges for cash withdrawals up to a limit of 20% of the credit limit. However, it is important to pay bills on time to avoid late payment charges.
Eligibility and Documentation
To be eligible for a Sapphiro Credit Card, the applicant must meet certain criteria. The applicant must be an Indian citizen or a Non-Resident Indian (NRI) with a minimum age of 21 years and a maximum age of 60 years. Additionally, the applicant must have a good credit score and a stable income source.
The documentation required to apply for a Sapphiro Credit Card includes:
- Identity Proof: Any government-issued identity card such as Aadhaar card, PAN card, or passport.
- Address Proof: Any government-issued address proof such as Aadhaar card, passport, or utility bill.
- Income Proof: Salary slips, bank statements, or income tax returns.
- Passport size photographs.
The applicant must submit these documents along with the application form to the bank for processing. The bank will verify the documents and assess the applicant’s creditworthiness before approving the credit card.
It is important to note that the eligibility criteria and documentation requirements may vary depending on the bank’s policies and regulations. Therefore, it is advisable to check with the bank for the latest information before applying for a Sapphiro Credit Card.
How to Apply
To apply for a Sapphiro Credit Card, interested individuals can follow these simple steps:
- Visit the Card website and click on the ‘Apply Now’ button.
- Fill out the application form with the required details, such as personal information, contact details, and income details.
- Upload the necessary documents, such as identity proof, address proof, and income proof.
- Review the application form and click on the ‘Submit’ button.
- Wait for the application to be processed and approved.
It is important to note that the approval of the credit card application is subject to the bank’s discretion and the applicant’s creditworthiness. Therefore, it is advisable to maintain a good credit score and have a stable source of income to increase the chances of approval.
Once the application is approved, the credit card will be delivered to the applicant’s registered address within 7-10 working days. The applicant can activate the card by following the instructions provided in the welcome kit.
In conclusion, applying for a Sapphiro Credit Card is a simple and straightforward process. By following the steps mentioned above, interested individuals can apply for the card and enjoy its numerous benefits.
Conclusion
In summary, the Sapphiro Credit Card offers a range of benefits that can be attractive to those who are looking for a premium credit card. The card comes with a high credit limit, allowing cardholders to make large purchases and enjoy rewards on their spending. The card also offers exclusive access to airport lounges, concierge services, and other lifestyle benefits.
One of the most significant benefits of the Sapphiro Credit Card is the reward points program. Cardholders can earn points on every purchase they make, which can be redeemed for a variety of rewards, including travel, shopping, and dining vouchers. The card also offers a welcome bonus of reward points, making it an attractive option for those who are looking to maximize their rewards.
The Sapphiro Credit Card also comes with a range of insurance benefits, including travel insurance, purchase protection, and fraud protection. These benefits can give cardholders peace of mind when making purchases or traveling, knowing that they are protected in case of any unforeseen circumstances.
Overall, the Sapphiro Credit Card can be an excellent option for those who are looking for a premium credit card with a range of benefits. However, it’s important to note that the card does come with an annual fee, which may not be suitable for everyone. Cardholders should also be aware of the interest rates and fees associated with the card and ensure that they can afford to make payments on time to avoid any additional charges.
Frequently Asked Questions
What are the benefits of the ICICI Sapphiro credit card?
The ICICI Sapphiro credit card offers a range of benefits, including complimentary airport lounge access, reward points on every purchase, fuel surcharge waiver, and exclusive discounts on dining, travel, and lifestyle. Cardholders can also enjoy complimentary rounds of golf at select courses across India.
Does the ICICI Sapphiro credit card offer lounge access?
Yes, the ICICI Sapphiro credit card offers complimentary lounge access at select airports in India and abroad. Cardholders can enjoy up to four complimentary visits per quarter at domestic lounges and two visits per year at international lounges.
What are the fees associated with the ICICI Sapphiro credit card?
The annual fee for the ICICI Sapphiro credit card is Rs. 3,500 plus applicable taxes. Cardholders can also opt for a lifetime free version of the card by meeting certain spending criteria. The card also has a finance charge of up to 3.5% per month on outstanding balances.
How does the ICICI Sapphiro credit card compare to other ICICI credit cards?
Compared to other ICICI credit cards, the Sapphiro credit card offers higher reward points, more exclusive discounts, and complimentary rounds of golf. However, it also has a higher annual fee and finance charge.
What are the international transaction charges for the ICICI Sapphiro credit card?
The international transaction fee for the ICICI Sapphiro credit card is 3.5% of the transaction amount plus applicable taxes. Cardholders can also opt for a dynamic currency conversion feature that allows them to pay in their home currency.
Can I get the ICICI Sapphiro credit card for free?
Yes, ICICI Bank offers a lifetime free version of the Sapphiro credit card to customers who meet certain spending criteria. Cardholders can also enjoy the same benefits as the paid version of the card.