ICICI Bank
ICICI Bank Ferrari Signature Credit Card
Annual Fee
₹1,179₹999 + GSTBase Reward
2% points
Foreign Markup
3.5% on all overseas transactions.
Welcome Benefits
A Scuderia Ferrari Watch.
Product Highlights
- Welcome gift of a Scuderia Ferrari Watch.
- 2 Reward Points on every spend of ₹100.
- Up to 2 complimentary movie tickets every month.
- A discount of 15% or more on dining across 2,500+ premium restaurants.
- 2 complimentary domestic lounge access every quarter.
- Top spenders get exclusive privileges, including a trip to the Ferrari home in Italy.
- Up to 20% off on Ferrari merchandise.
Fee Waiver
The annual fee is waived off on spending ₹2,50,000 or more in the previous year.
Reward Calculator
Earns ₹321/year (net)
Modest gain. Solid hold if you like the perks.
₹25K
across all your buckets
6K
ICICI Reward Points
₹1.5K
via standard · ₹0.25/pt
Effective rate
0.50%
Annual fee
₹1,179
Year 1 net
+₹321
Year 2+ net
+₹321
ongoing
Adjust your spend by reward bucket
1 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Rent payment surcharge
1%Charged on every rent transaction via CRED / NoBroker / Magicbricks / etc.
Wallet load surcharge
1%from Jan 2026Kicks in after ₹5,000 cumulative wallet loads/cycle (Paytm, PhonePe, Mobikwik)
Utility payment surcharge
1%Kicks in after ₹50,000 cumulative utility spends/cycle
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, rent, wallet, emi, cash advance, utility
Fuel surcharge waiver (good news)
1%Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
You earn 2 Reward Points on every Rs. 100 you spend using this card. Up to 20% discount on Ferrari merchandise at the Ferrari store in Italy and up to 15% discount on Ferrari merchandise at the online store.
- 1 Reward Point = ₹0.25.
Benefits & Features
Domestic: 2 complimentary domestic lounge access each calendar quarter. International: NA Complimentary domestic lounge access every quarter.
Pros & Cons
Pros
- 2 Reward Points on every ₹100 spent.
- Up to 20% discount on Ferrari merchandise.
- Complimentary movie tickets every month.
- 15% discount on dining.
Cons
- No international lounge access.
- No reward points for fuel transactions.
Additional Info
Maximum price of the complimentary ticket is capped at ₹250 for each ticket.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks
Fee Waiver
The annual fee is waived off on spending ₹2,50,000 or more in the previous year.