ICICI Bank credit cardholders will face several changes in November and December 2026, including the withdrawal of complimentary insurance covers, the discontinuation of movie benefits and higher card replacement charges. The bank is also set to increase the Dynamic Currency Conversion (DCC) fee on selected business and corporate credit cards.

The changes will take effect in three phases: November 25, December 11 and December 15, 2026. They will affect different categories of retail, business, corporate and purchase credit cards.

The most important changes include the withdrawal of complimentary air accident insurance, Cancellation For Any Reason (CFAR) cover and INOX benefits on selected cards. Cardholders will also have to pay more to replace eligible credit cards and Priority Pass cards.

Here is a breakdown of the six major ICICI Bank credit card changes and the cards affected by each update.

ICICI Bank Credit Card Changes From December 15, 2026

December 15 will bring some of the biggest changes for selected ICICI Bank credit cardholders. The bank will discontinue several complimentary insurance and entertainment benefits from this date.

1. Complimentary Air Accident Insurance Cover to End

ICICI Bank will discontinue the complimentary Air Accident and related Insurance Cover linked to selected credit cards from December 15, 2026.

The affected credit cards are:

  • Emeralde Private Metal
  • Times Black
  • Emeralde
  • Emeralde Private
  • Diamant
  • Sapphiro
  • Rubyx

Customers holding these cards will no longer receive the complimentary air accident and related insurance cover after the effective date.

2. CFAR Insurance Cover to Be Discontinued

The bank will also withdraw the complimentary Cancellation For Any Reason (CFAR) insurance cover from December 15, 2026.

This change will affect four credit card variants:

  • Emeralde Private Metal
  • Times Black
  • Emeralde
  • Emeralde Private

CFAR cover is designed to provide eligible protection against certain trip cancellation expenses, subject to the policy’s terms and conditions. Cardholders should review their existing insurance documents and check whether any separately purchased policy remains active.

3. Parakram Credit Cards to Lose Personal and Air Accident Insurance

ICICI Bank will discontinue the complimentary Personal and Air Accident Insurance Cover linked to its Parakram credit cards.

The change will apply to:

  • Parakram Credit Card
  • Parakram Select Credit Card

The revised terms will take effect on December 15, 2026. Customers using these cards should check their insurance arrangements before relying on the previous complimentary cover.

4. Complimentary INOX Movie Benefit to End

ICICI Bank will also discontinue the complimentary INOX benefit on selected credit cards from December 15, 2026.

The affected cards include:

  • Rubyx
  • Coral
  • Expressions
  • Chennai Super Kings
  • MakeMyTrip Platinum
  • HPCL Super Saver
  • Emirates Rubyx
  • MakeMyTrip Signature
  • MakeMyTrip

Cardholders using these variants will no longer be eligible for the complimentary INOX benefit under the existing card programme after the effective date.

ICICI Bank Credit Card Fee Changes From November 25 and December 11

Apart from withdrawing complimentary benefits, ICICI Bank is revising certain transaction and replacement charges. These changes will affect business, corporate, purchase and retail credit cards.

5. DCC Fee to Increase From 1% to 3.50% From November 25

ICICI Bank will increase the Dynamic Currency Conversion (DCC) fee on selected business, corporate and purchase credit cards from November 25, 2026.

The existing DCC fee of 1% of the transaction amount will increase to 3.50%, in line with the applicable forex mark-up charge on these cards.

The fee applies to two types of transactions:

  • International transactions carried out in Indian rupees at overseas locations.
  • Transactions made in Indian rupees with merchants located in India but registered in a foreign country.

The affected card categories include:

  • Business Black Advantage
  • Business Blue Advantage
  • Travel Agent Card (BCCL-V)
  • Business Platinum
  • Business AMEX Essential
  • Business ASCENT AMEX
  • Business Purchase Cards
  • Corporate credit cards

The revised charge will also cover the specified Business Purchase Card variants, including 15+7, 21+7, 30+7 and 30+15.

Example: If an eligible transaction attracts a DCC fee on a payment of ₹10,000, the fee would increase from ₹100 at 1% to ₹350 at 3.50%, before applicable taxes.

Cardholders should note that this particular November 25 DCC revision applies to the specified business, corporate and purchase card categories. It should not be interpreted as a new uniform DCC charge for every ICICI Bank retail credit card.

6. Credit Card and Priority Pass Replacement Fees to Increase

ICICI Bank will revise card replacement charges in two phases, depending on the type of credit card.

Business, corporate and purchase cards: From November 25, 2026

The replacement fee will increase from ₹200 plus GST to ₹300 plus GST for business, corporate and purchase credit cards.

Retail credit cards: From December 11, 2026

The replacement fee for eligible retail credit cards will increase from ₹200 plus GST to ₹300 plus GST.

The change will apply to all retail credit cards except:

  • Emeralde Private Metal
  • 1838 Reserve
  • Times Black

Priority Pass replacement fee: From December 11, 2026

ICICI Bank will also introduce a replacement charge for eligible Priority Pass cards. The fee will increase from nil to ₹300 plus GST.

The affected card variants include:

  • Emeralde Private Metal
  • Emeralde Private
  • Emeralde
  • Sapphiro
  • Times Black
  • MakeMyTrip Signature
  • MakeMyTrip
  • Emirates Skywards Emeralde
  • Emirates Skywards Sapphiro
  • Adani One Signature
  • Parakram Select
  • Diamant World Mastercard

Customers should check the applicable terms for their specific card before requesting a replacement.

ICICI Bank Credit Card Changes: Important Dates at a Glance

Effective date Major change
November 25, 2026 DCC fee on specified business, corporate and purchase cards rises from 1% to 3.50%
November 25, 2026 Replacement fee for business, corporate and purchase cards increases from ₹200 to ₹300 plus GST
December 11, 2026 Eligible retail credit card replacement fee increases from ₹200 to ₹300 plus GST
December 11, 2026 Priority Pass replacement fee becomes ₹300 plus GST
December 15, 2026 Selected complimentary air accident and related insurance covers end
December 15, 2026 Selected complimentary CFAR and Parakram insurance covers end
December 15, 2026 Complimentary INOX benefit ends on selected cards

What Should ICICI Bank Credit Cardholders Do?

Customers should check the exact variant of their ICICI Bank credit card rather than assuming that every card will be affected by all the changes.

Those who rely on complimentary travel or accident insurance should review their coverage before December 15. Cardholders who regularly use the INOX benefit should also check alternative entertainment offers.

Business and corporate cardholders making international transactions in Indian rupees should review the revised DCC charges before November 25. Customers who need a replacement card or Priority Pass should check the applicable fee before submitting a request.

The changes apply to specific card categories and benefits, so the impact will vary from one cardholder to another. Customers should refer to the bank’s latest communication and the terms applicable to their individual card for confirmation.

Disclaimer: The changes and affected card lists are based on the reported November 2026 bank communication. Applicable fees, taxes, exclusions and benefit conditions are subject to ICICI Bank’s official terms and notifications.