ICICI credit card changes December 2026: air accident cover, INOX benefit and replacement fee
ICICI Bank ends air accident cover and the INOX benefit on some cards from 15 December 2026 and raises the card replacement fee to ₹300 plus GST from 11 December.
ICICI Bank has announced changes to its credit cards that start on 11 December, 15 December and, for some business cards, 25 November 2026. Most of them take away free benefits. Here is what was reported and what you can do before the dates.
What changes and when
From 11 December 2026
- The card replacement fee rises from ₹200 plus GST to ₹300 plus GST. It applies to every ICICI Bank credit card except the Emeralde Private Metal, the 1838 Reserve and the Times Black.
- Replacing a Priority Pass on selected premium cards will cost ₹300 plus GST. It is free today.
From 15 December 2026
- The free air accident insurance cover ends on the Emeralde Private Metal, Times Black, Emeralde, Emeralde Private, Diamant, Sapphiro and Rubyx cards.
- The free personal and air accident cover ends on the Parakram and Parakram Select cards.
- The free Cancellation For Any Reason (CFAR) cover ends on the Emeralde Private Metal, Times Black, Emeralde and Emeralde Private cards.
- The free INOX movie benefit ends on nine cards: Rubyx, Coral, Expressions, Chennai Super Kings, HPCL Super Saver, Emirates Rubyx and the three MakeMyTrip ICICI Bank cards.
From 25 November 2026
- On selected business, corporate and purchase cards, the dynamic currency conversion (DCC) fee rises from 1% to 3.50%. DCC applies when you pay in rupees abroad or at a shop in India that is registered in another country.
What is not reported as changing
The reports do not mention any change to reward points, annual fees, joining fees or lounge access.
What you can do
- If your card is damaged or about to fail, order the replacement before 11 December 2026 to pay the old ₹200 plus GST fee.
- If you hold one of the seven cards that lose air accident cover and you travel after 15 December 2026, check whether you were relying on it and arrange your own travel insurance if needed.
- Use the INOX benefit before 15 December 2026. After that date it will not apply to new bookings on the nine cards.
- Check your own card's current terms on the ICICI Bank website, because the exact card list can differ from what news reports show.
How we checked
We could not see the new notice text on ICICI Bank's "Upcoming changes to credit card features and charges" page when we checked on 12 November 2026. The details above come from CNBC Awaaz (11 November 2026) and the card-news site m16s.in, which says it read ICICI Bank's notice dated 6 November 2026. A Credwiser article lists the Priority Pass fee for fewer cards than m16s.in, so we have not named those cards. We will update this guide when the bank's page shows the notice. Our card changes page lists the changes by date.
This guide is for information only.
Sources: CNBC Awaaz, 11 November 2026: ICICI Bank credit card changes in December 2026, m16s.in, 6 November 2026: ICICI cards lose air accident cover and INOX, fees rise, ICICI Bank: Upcoming changes to credit card features and charges
Card terms change. Check the bank's own page before you rely on a figure here. Posts never contain referral or affiliate links from the writer.
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