ICICI Bank changes credit card rules, to be implemented from November 25

ICICI Bank has announced major changes in rules for its credit card holders, the effects of which will be seen from different dates in November and December 2026. According to a report by Sandesh News, the bank has decided to increase the card replacement fee and cut popular facilities such as insurance cover and movie tickets. These changes will directly affect the calculation of customers' expenses and the facilities they receive, although all these rules will not apply to all types of the bank's credit cards.

First, in the changes coming into effect from November 25, 2026, the international transaction charges for business and corporate credit cards have been increased. The Dynamic Currency Conversion (DCC) fee on selected cards has been increased from 1 per cent to 3.50 per cent. This change will specifically apply to Business Black Advantage, Business Blue Advantage, Travel Agent card, and Business Platinum card holders. This charge applies when a customer makes a payment in Indian rupees abroad.

Subsequently, from December 11, 2026, there will be an increase in the card replacement fee. Until now, ₹200 and GST had to be paid to replace a card, which will now increase to ₹300 and GST. This is an increase of approximately 50 per cent. However, Emerald Private Metal, 1838 Reserve, and Times Black credit cards have been exempted from this fee increase.

From December 15, 2026, the bank is also going to make changes to free insurance cover and movie ticket facilities. The complimentary insurance cover provided by the bank on Emerald Private Metal, Times Black, Emerald, Emerald Private, Diamond, Sapphire, and Rubyx cards will be discontinued. This includes air accident insurance. Additionally, the 'Cancellation for Any Reason' cover provided on Emerald Private Metal, Times Black, Emerald, and Emerald Private cards will also be discontinued. For Parakram and Parakram Select card holders, personal and air accident insurance covers will also be discontinued from December 15.

These changes are also a blow to movie lovers. From December 15, 2026, the benefit of free INOX movie tickets provided on selected cards will be discontinued. This list includes Rubyx, Coral, Expressions, Chennai Super Kings, MakeMyTrip Platinum, MakeMyTrip Signature, MakeMyTrip, HPCL Super Saver, and Emirates Rubyx credit cards. These card holders will now have to spend money from their own pockets for tickets.

ICICI Bank is a leading private sector bank in India, providing various types of banking and financial services. The bank periodically makes changes to the rules of its card products and services, aiming to make banking operations more streamlined. These new changes by the bank are important for customers to understand the use of their cards and the benefits received.