ICICI Bank has changed its credit card rules. Card replacement fees will increase starting in December, and free insurance and INOX movie benefits will be discontinued on some cards. Let's understand the new rules and fees here.
ICICI Credit Card Rule Change: Card benefits will be reduced
If you use an ICICI Bank credit card, you may have to adjust your budget and convenience in the coming days. The bank has announced several changes to its credit card rules. This includes higher card replacement fees, the discontinuation of free insurance offered on some cards, and many customers will no longer receive free movie tickets.
The impact of these changes will be visible on different dates in November and December 2026. However, the good news is that these rules will not apply to all credit cards of the bank. You can learn here which benefits will be discontinued on which cards and where higher charges will be levied.
How much have credit card replacement charges increased?
ICICI Bank has decided to increase credit card replacement charges. Currently, the cost of replacing a card is ₹200 plus GST. However, effective December 11, 2026, this fee will increase to ₹300 plus GST.
This means that if you lose your card, damage it, or otherwise issue a new card, you'll now have to pay ₹100 more than before. This represents a nearly 50 percent increase. However, the Emeralde Private Metal, 1838 Reserve, and Times Black credit cards are exempt from this change.
No longer will you get free insurance?
If you take advantage of the free insurance that comes with your credit card, it's being discontinued. The bank will be discontinuing the complimentary insurance cover offered on some cards, including air accidents, from December 15, 2026. This feature will be discontinued on Emeralde Private Metal, Times Black, Emeralde, Emeralde Private, Diamant, Sapphiro, and Rubyx credit cards.
Additionally, the Cancellation For Any Reason cover will also be discontinued. This feature was available on Emeralde Private Metal, Times Black, Emeralde, and Emeralde Private cards. Similarly, personal and air accident insurance cover available to Parakram and Parakram Select cardholders will also be discontinued from December 15th.
What's changed with free movie tickets?
Movie-loving credit card customers may also be in for a shock. ICICI Bank will discontinue the free INOX movie benefit on select cards from December 15, 2026. This change covers Rubyx, Coral, Expressions, Chennai Super Kings, MakeMyTrip Platinum, MakeMyTrip Signature, MakeMyTrip, HPCL Super Saver, and Emirates Rubyx credit cards.
Customers who have been availing the free movie benefits offered through these cards till now will have to spend their own money for the tickets after December 15.
How much will the charges for international transactions increase?
ICICI Bank has also changed the charges related to international transactions of some business and corporate credit cards. From November 25, 2026, the Dynamic Currency Conversion fee on selected cards will be increased from 1 percent to 3.50 percent. DCC charges may be levied when the customer makes a payment in Indian Rupees at any place abroad. These changes apply to Business Black Advantage, Business Blue Advantage, Travel Agent Card, and Business Platinum cards.
