ICICI Bank has officially launched the ultra-premium, invite-only 1838 Reserve Credit Card, carrying a ₹1.75 lakh + GST (~₹2,06,500) fee and a benefits package the bank values at roughly ₹7.6 lakh.
Offer Details
- Joining/Annual Fee: ₹1.75 lakh + GST (₹2,06,500)
- Rewards: 3% on domestic spends, 2% on international spends (per early reports)
- Forex markup: NIL
- Claimed total benefits value: ~₹7.6 lakh
- Maximum 1,00,000 reward points per month; a combined 10,000-point monthly cap applies to utility, telecom, government, tax, education and insurance spends
- No reward points on fuel, rent, e-wallet loads and EMI transactions
Eligible Cards / Who Can Avail
- Invite-only — reported minimum ICICI Bank relationship value of ₹50 lakh and annual ITR of ₹60 lakh
- No add-on cards currently issued; no annual fee waiver regardless of spends
Benefits
- Welcome: ₹25,000 luxury gift (Marshall, Smeg or Le Creuset via Tata CLiQ Luxury), a ₹50,000 complimentary overnight stay at select Platinum Villas by Lohono Stays, and a ₹7,500 curated Klook museum experience for the cardholder plus one guest
- Lifestyle: full-access Quorum Club membership (280+ private clubs across 52 countries, ~₹3 lakh value), 4 annual Truefitt & Hill Royal Signature Services, and a personal lifestyle manager and concierge
- Unlimited personalised visa assistance, plus 2 airport fast-track security entries at select international airports
- Visa Infinite privileges including Harrods Gold Tier Status and Accor+ Explorer Membership
- Possible VIP seating at select RCB matches for top spenders
How to Claim / Steps
- Check with your ICICI relationship manager if you meet the reported eligibility criteria
- No domestic or international lounge access is included, so weigh that against the other perks
- Confirm exact fees, reward rates and inclusions directly with ICICI before proceeding
Validity / Important Notes
- Details are based on early reports and may vary by customer — confirm everything with the bank directly
- We covered the reward-point caps on this card in more detail here: ICICI 1838 Reserve Reward Caps Are Out Before Launch
Whether this card is worth the fee comes down to how many of the lifestyle perks you’ll actually use. Anyone here already received an invite?