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How to redeem ICICI Sapphiro reward points

ICICI Sapphiro earns ICICI Bank Reward Points. Here is every way to use them, ranked by the rupee value you get per point. Pick the top option unless you are transferring to an airline for premium travel.

Best value

Bank travel portal: 1,000 points = ₹1,000

Redeeming the same points as statement credit returns only ₹250 per 1,000, about 4× less.

  1. 1Login to iShop via iMobile / internet banking
  2. 2Book flight (up to 95% with points) or hotel (up to 90%)
  3. 3Pay balance + Rs 99+GST fee on the card
Go to the portal

Every redemption option, compared

Bank travel portal

easy
₹1,000 / 1,000 pts

Login to iShop via iMobile / internet banking Book flight (up to 95% with points) or hotel (up to 90%) Pay balance + Rs 99+GST fee on the card

Brand voucher

instant
₹600 / 1,000 pts

Login to iShop Pick a brand voucher Redeem points for up to 50% of cart value at 1 RP = Rs 0.60

Up to 50% of any booking can be paid with points (rest on card).

Statement credit

easy
₹250 / 1,000 pts

Login to ICICI Rewards portal or call customer care Redeem 'cash against points' at 1 RP = Rs 0.25 as statement credit

Going somewhere? Transfers can beat all of these.

For premium-cabin travel, transferring points to an airline often returns far more than any option above. See exactly which transfer path your points unlock.

Open the Trip Planner

Frequently asked

What is the best way to redeem ICICI Sapphiro reward points?

Bank travel portal at about ₹1 per point (₹1,000 per 1,000 points), which is the highest-value option for this card.

What is 1,000 ICICI Sapphiro points worth?

Between ₹250 and ₹1,000 depending on how you redeem. The redemption channel you choose matters more than the number of points.