ICICI Bank credit cardholders will see several changes to card benefits and charges during November and December 2026. The revisions include the withdrawal of selected complimentary insurance policies and movie benefits, higher card replacement fees and an increase in the Dynamic Currency Conversion (DCC) charge on certain business and corporate credit cards.
The changes will be introduced in three stages, starting November 25, followed by December 11 and December 15, 2026. The impact will depend on the type and variant of credit card held by the customer.
Some of the major changes include the discontinuation of complimentary air accident insurance, Cancellation For Any Reason (CFAR) cover and selected INOX movie benefits. Here is a detailed look at the six important updates.
ICICI Bank Credit Card Benefits Ending From December 15, 2026
December 15 will mark the withdrawal of several complimentary benefits available on selected ICICI Bank credit cards.
1. Complimentary Air Accident Insurance to Be Withdrawn
ICICI Bank will discontinue the complimentary Air Accident and related Insurance Cover attached to the following credit cards from December 15, 2026:
- Emeralde Private Metal
- Times Black
- Emeralde
- Emeralde Private
- Diamant
- Sapphiro
- Rubyx
After this date, customers holding these cards will no longer be eligible for the complimentary insurance cover under the existing card benefits.
2. CFAR Insurance Cover to End
The bank will also discontinue the complimentary Cancellation For Any Reason (CFAR) insurance benefit from December 15, 2026.
The change will apply to four credit card variants:
- Emeralde Private Metal
- Times Black
- Emeralde
- Emeralde Private
CFAR insurance is designed to cover certain eligible trip cancellation expenses, subject to the applicable policy conditions. Customers who currently rely on this benefit should review their insurance documents and check whether they have any separate active coverage.
3. Parakram Cards to Lose Personal and Air Accident Insurance
ICICI Bank will withdraw the complimentary Personal and Air Accident Insurance Cover available with its Parakram credit card variants.
The affected cards are:
- Parakram Credit Card
- Parakram Select Credit Card
The revised terms will come into effect on December 15, 2026. Cardholders should review their insurance arrangements before relying on the existing complimentary protection.
4. Free INOX Movie Benefit to Be Discontinued
The complimentary INOX movie benefit will also be withdrawn from selected ICICI Bank credit cards starting December 15, 2026.
The affected variants include:
- Rubyx
- Coral
- Expressions
- Chennai Super Kings
- MakeMyTrip Platinum
- HPCL Super Saver
- Emirates Rubyx
- MakeMyTrip Signature
- MakeMyTrip
Customers holding these cards will no longer receive the complimentary INOX benefit under the existing programme after the effective date.
ICICI Bank Credit Card Fee Changes From November 25 and December 11
Apart from changes to complimentary benefits, ICICI Bank is revising certain transaction and card replacement charges. These updates will affect selected business, corporate, purchase and retail credit cards.
5. DCC Charges to Rise From 1% to 3.50%
From November 25, 2026, the Dynamic Currency Conversion (DCC) fee will increase from 1% to 3.50% of the transaction amount on specified business, corporate and purchase credit cards.
The revised charge will apply to two types of transactions:
- International payments made in Indian rupees at overseas locations.
- Payments made in Indian rupees to merchants in India that are registered in a foreign country.
The affected card categories include:
- Business Black Advantage
- Business Blue Advantage
- Travel Agent Card (BCCL-V)
- Business Platinum
- Business AMEX Essential
- Business ASCENT AMEX
- Business Purchase Cards
- Corporate credit cards
The revised fee will also cover specified Business Purchase Card variants, including 15+7, 21+7, 30+7 and 30+15.
For example, on an eligible transaction of ₹10,000, a 1% DCC fee amounts to ₹100. At the revised rate of 3.50%, the charge will increase to ₹350, before applicable taxes.
This revision is limited to the specified business, corporate and purchase card categories. It does not mean that the same new DCC charge will automatically apply to every ICICI Bank retail credit card.
6. Credit Card and Priority Pass Replacement Charges to Increase
ICICI Bank will revise replacement charges in two phases, depending on the card category.
Business, corporate and purchase cards from November 25
The replacement fee for these cards will increase from ₹200 plus GST to ₹300 plus GST.
Retail credit cards from December 11
For eligible retail credit cards, the replacement charge will also rise from ₹200 plus GST to ₹300 plus GST.
However, the revised retail replacement fee will not apply to the following cards:
- Emeralde Private Metal
- 1838 Reserve
- Times Black
Priority Pass replacement charges from December 11
The bank will introduce a replacement fee for eligible Priority Pass cards. The charge will change from zero to ₹300 plus GST.
The affected variants include:
- Emeralde Private Metal
- Emeralde Private
- Emeralde
- Sapphiro
- Times Black
- MakeMyTrip Signature
- MakeMyTrip
- Emirates Skywards Emeralde
- Emirates Skywards Sapphiro
- Adani One Signature
- Parakram Select
- Diamant World Mastercard
Customers should check the applicable fee for their particular card before requesting a replacement.
ICICI Bank Credit Card Changes: Important Dates
| Effective date | Change |
|---|---|
| November 25, 2026 | DCC fee on specified business, corporate and purchase cards increases from 1% to 3.50%. |
| November 25, 2026 | Replacement fee for business, corporate and purchase cards rises from ₹200 to ₹300 plus GST. |
| December 11, 2026 | Eligible retail card replacement fee increases from ₹200 to ₹300 plus GST. |
| December 11, 2026 | Priority Pass replacement fee becomes ₹300 plus GST. |
| December 15, 2026 | Selected complimentary air accident and related insurance covers end. |
| December 15, 2026 | Selected CFAR and Parakram insurance benefits are discontinued. |
| December 15, 2026 | Complimentary INOX movie benefit ends on selected cards. |
What Should ICICI Bank Credit Cardholders Do?
Customers should identify their exact credit card variant and check which of the revised terms apply to it. Not every cardholder will be affected by all six changes.
Those who depend on complimentary travel or accident insurance should review their existing coverage before December 15. Customers who regularly use the INOX movie offer may also want to check the alternative benefits available with their cards.
Business and corporate cardholders who make payments in Indian rupees at overseas locations or to eligible foreign-registered merchants should take note of the revised DCC fee before November 25.
Similarly, customers planning to replace their credit cards or Priority Pass should check the new charges before submitting a request.
Disclaimer: This article is intended for general informational purposes only and is based on the reported ICICI Bank credit card updates for November and December 2026. Applicable charges, taxes, exclusions and benefit conditions may vary according to the card variant and the bank’s official terms. Customers should refer to the latest communication from ICICI Bank or contact the bank directly to confirm the changes applicable to their cards.