ADK Unlocked by Ayush Dewan Khurana
ICICI · Reward Points

ICICI Emeralde Private Metal: what it actually earns

The ICICI Emeralde Private Metal earns in Reward Points, which this calculator values at ₹1 per point. Base earn rate is 3% value back, the annual fee is ₹12,499 + GST, and forex markup is 2%.

Its strongest category is Utilities at 3% value back.

Category rates, swiping direct

CategoryValue backDetail
Utilities3%earns, capped 1,000 RP/cycle
Grocery3%earns, capped 1,000 RP/cycle
Insurance3%earns, capped 5,000 RP/cycle - highest insurance cap in the segment

Via the bank portal

Booking through SmartBuy, iShop or Travel EDGE changes the maths on this card.

CategoryValue backDetail
Flights18%iShop 6X on flights
Hotels36%iShop 12X on hotels - bonus capped 18,000 RP/mo
Online shopping18%iShop vouchers 6X

Categories that earn nothing

The ICICI Emeralde Private Metal earns no rewards on Rent, Govt & Tax, Fuel. Put that spend on another card.

Worth knowing

1 RP = ₹1 on iShop travel. 12,500 RP joining/annual bonus effectively refunds the fee every year. Invite-only. Still no point-to-mile transfers - its one real gap.

Compare against your own wallet →
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