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ICICI Rubyx Credit Card: Fees, Rewards & Benefits

Utilities card with lounge access

Vyaya Team · Jun 2026
5 min read
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Value Score
8.0 / 10
Annual Fee
₹2,000
Best For
Frequent Domestic Flyer, Milestone Spender
Network
Visa
Expert Verdict

The ICICI Rubyx is a premium card offering 8 domestic lounge visits, golf, milestone points up to 15,000 a year and 2x points abroad. The Rs 0.25 point value and 3.5% forex markup hold back real returns, so it works best for domestic travellers spending Rs 3 lakh+ to cover the Rs 2,000 fee.

ICICI BANKVisa
ICICI Rubyx
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REWARD SUMMARY
0.5% Base Rewards
Utilities card with lounge access
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The Bottom Line

The ICICI Rubyx is built for frequent domestic flyer and milestone spender. With a ₹2,000 annual fee that is waived on ₹3,00,000 yearly spend, it offers 1% rewards on international and a welcome benefit worth ₹5,000. It makes the most sense if your spending matches frequent domestic flyer and milestone spender.

It earns a base reward rate of 0.5% and stacks best when your spending lines up with Frequent Domestic Flyer, Milestone Spender. The renewal fee gets easier to justify once you can hit ₹3,00,000 in yearly spend.

What we like
+Double points abroad: 4 reward points per Rs 100 (2x) on international spends versus the 2-point base
+Generous lounge access for the tier: 8 domestic airport lounge visits plus 2 railway lounge visits per quarter
+Milestone rewards of 3,000 points at Rs 3 lakh spend plus 1,500 per additional Rs 1 lakh, up to 15,000 points a year
+Annual fee of Rs 2,000 waived on spends over Rs 3,00,000, plus a Rs 1 crore air accident cover
+Golf privileges (1 round per Rs 50,000 prior-month spend, up to 2 a month) and EazyDiner dining benefits
What we don't
Reward points are worth only Rs 0.25, so the 2-point base is about 0.5% effective value
Utility spends earn a reduced 1 point per Rs 100, and fuel earns nothing
High 3.5% foreign currency markup partly offsets the doubled international point earning
No complimentary international lounge access despite the premium tier

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Frequent Domestic Flyer

Travellers who value 8 domestic lounge visits, railway lounge access and golf, and can spend Rs 3 lakh to waive the Rs 2,000 fee

+
Milestone Spender

Users spending Rs 3 lakh+ a year who can earn up to 15,000 milestone points on top of base earning

Probably not for

Skip
Utility-Heavy User

Those paying mostly utility bills, which earn only 1 point per Rs 100

International Traveller

Frequent overseas spenders, since the 3.5% forex markup erodes the 2x international earn and there is no international lounge access

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹5,000
Annual fee-₹2,000
Net Value (Year 1)+3,000
Net Value (Year 2+)-2,000
Progress to fee waiver0%

Spend ₹3,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

ICICI Rubyx offers 0.5% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

International
1%
Utility
0.25%

Welcome Offer

Welcome Benefit

Welcome vouchers worth over Rs. 5,000 on payment of the joining fee, including Tata CLiQ (Rs. 2,000), EaseMyTrip (Rs. 2,000), Croma (Rs. 1,000) and a holiday package voucher (Rs. 3,000).

Value: ₹5,000

Milestone Benefits

Spend ₹3,00,000

3,000 Reward Points on reaching Rs. 3 lakh annual spend.

Spend ₹4,00,000

1,500 Reward Points for every additional Rs. 1 lakh spent beyond Rs. 3 lakh, capped at 15,000 milestone Reward Points per year.

Spend ₹3,00,000

Annual/renewal fee of Rs. 2,000 + GST waived on annual spends over Rs. 3,00,000.

Fees & Charges

Joining fee₹3,000
Annual fee₹2,000
Fee waiverSpend > ₹3,00,000

Eligibility

  • Min Income: ₹6 Lakhs
  • Min Credit Score: 750
  • Age 21-65; min monthly income Rs 50K salaried or Rs 5.5L p.a. self-employed; available on Visa Signature, Mastercard World, RuPay; annual fee waived on Rs 3L+ spend.

Exclusions & Terms

Forex markup

  • Foreign currency markup

Frequently Asked Questions

3 data-backed answers from our card database

What is the annual fee of the ICICI Rubyx?+

The ICICI Rubyx has an annual fee of ₹2,000, waived on annual spends of ₹300,000.

What rewards does the ICICI Rubyx offer?+

It earns Reward Points, with accelerated earning on Utilities.

Does the ICICI Rubyx offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

₹2,000 annual fee. Apply on the ICICI Bank website.

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