ICICI Rubyx Credit Card Review

Utilities card with lounge access

The ICICI Rubyx has a ₹3,000 joining fee and ₹2,000 annual fee + GST, waived on ₹3,00,000 annual spend. It earns 0.5% back on regular spends and up to 1% on International, with 8 domestic airport lounge visits a year. Best for: domestic travellers spending rs 3 lakh+ a year — our verdict: consider.

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?

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Reward Rates

ICICI Rubyx offers 0.5% basic reward rate.

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Where

Amount

₹

International

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

8 data-backed answers from our card database

What is the annual fee of the ICICI Rubyx credit card?+

The ICICI Rubyx has a ₹3,000 joining fee and ₹2,000 annual fee + GST, waived on ₹3,00,000 annual spend.

What rewards does the ICICI Rubyx credit card give?+

It earns 2 Reward Points per ₹100 spent (about 0.5% back), and up to 1% on International.

Does the ICICI Rubyx credit card offer airport lounge access?+

Yes — 8 domestic airport lounge visits a year. Check the card's terms for any spend condition before your trip.

What is the eligibility for the ICICI Rubyx credit card?+

Minimum annual income of about ₹6 lakh and a credit score of 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.

What is the forex markup on the ICICI Rubyx?+

3.5% + GST on international transactions.

What is the welcome benefit on the ICICI Rubyx?+

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).

How can I get the ICICI Rubyx annual fee waived?+

Spend ₹3,00,000 or more in a card year and the ₹2,000 renewal fee is waived.

Is the ICICI Rubyx credit card worth it?+