Base reward rate: 1 point per ₹100 on domestic spends, 2.5 points per ₹100 on international spends
Redemption options: cash_credit, Krisflyer miles
Redemption value: 1 Pt = ₹2.00
Fees & Charges
Joining fee: 100000
Annual fee: 25000
Pros
The ₹1,00,000 joining fee is fully offset by welcome gift vouchers of the same value, effectively neutralizing the high initial cost.
Offers a true 0.00% foreign currency markup fee, making it highly valuable for frequent international travelers and high-volume overseas spenders.
Provides exceptional entertainment benefits with 4 free movie tickets per quarter, capped at a very high limit of ₹1,000 per ticket, offering a potential annual value of ₹16,000.
Includes a strong suite of lifestyle privileges like unlimited complimentary golf games/lessons and a complimentary Club ITC Culinaire membership for two.
Grants unlimited access to both domestic and international airport lounges for the primary cardholder through the LoungeKey program.
The annual fee of ₹25,000 is waived on a relatively achievable spend of ₹10 Lakhs, which is a competitive threshold for this card segment.
Cons
The base reward rate on domestic spending is a very low 1% (1 point per ₹100), which is significantly below the 2-3.5% standard for super-premium cards in India.
Reward redemption is severely limited with only one airline transfer partner mentioned (Krisflyer miles), which is a major drawback compared to competitors offering multiple airline and hotel partners.
Despite the high fees, the card lacks key premium travel benefits that are standard in this category, such as complimentary elite status with major hotel chains (e.g., Marriott, Hilton).
The accelerated reward rate is capped at 2.5% and is only applicable to international spending, with no bonus categories for common domestic expenses like travel or dining.
Best Use Case
High-net-worth individuals seeking premium lifestyle benefits, travel perks, and zero forex markup on international transactions.