ICICI Bank is providing 5X reward points on the American Express (Amex) version of their credit cards. The card members of ICICI Bank Coral, Rubyx, Sapphiro & Emeralde American Express Credit Card will 5X reward points on online spends throughout the June month. Let’s look into the details of this offer to know more.
Offer Details
- Offer: Get 5X reward points on online spends with ICICI Bank Coral, Rubyx, Sapphiro & Emeralde American Express Credit Cards
- Period: 1 June 2020 to 30 July 2020
- Maximum Bonus Reward Points: 5,000 per month
- Type: Available on registration
- Excluded Cards: Business, Commercial and Corporate Credit Cards
- Fulfillment: Bonus 4X reward points will be credited to the customer’s Card on or before 90 days from offer end month
- Other T&C:
- To participate in the offer, give a missed call on 7069442445 from your registered mobile number.
- Offer applicable on all online purchases except transaction on wallet uploads, rental payments and insurance payments
- Source: Website
Bottomline
The reward rate and maximum spend to hit the monthly cap on various ICICI Bank Amex Credit Cards is tabulated below:
| Card Variant | Reward Rate | Maximum Spend per month |
|---|---|---|
| Coral | 5% | Rs. 31,250 |
| Rubyx | 3.75% | Rs. 41,667 |
| Sapphiro | 3.75% | Rs. 41,667 |
| Emeralde | 5% | Rs. 31,250 |
Note that ICICI Coral Credit Card by default provides 4 Payback points per Rs. 100 spent online making its reward rate equivalent to Emeralde. Also the cap of 5,000 reward points per month is on bonus reward points i.e. 4X reward points not on entire reward points earned.
3.75%-5% reward rate is really attractive and I would recommend ICIC Bank Amex credit card holders to utilize this offer to the fullest. I expect similar kinds of offers on Amex cards from other banks, e.g., IndusInd Iconia Amex Credit Card, too.
What do you think of this offer on ICICI Bank Amex Credit Cards? Are you planning to utilize this offer? Let me know in comments below.
