Rubyx

Joining ₹3,000 · Annual ₹2,000 · Annual fee waived on ₹3 lakh of spends in the card year

Fee break-even: ≈₹4,00,000/yr through this card at its base rate. Below that, the fee eats the rewards.

Earns Reward points · assumed 0.25 ₹/point. ₹0.25 per point on ICICI's voucher and catalogue redemptions

Verified 13 Aug 2026

Forex markup3.5%

EMI2.99% capped at ₹299 plus GST at a merchant, up to 2% converting a billed balance processing fee · A converted purchase stops earning rewards · 2.99% of the purchase capped at ₹299 plus GST. Fuel, gold, jewellery, gambling and cash cannot be converted. · Availing the EMI facility forfeits reward points under ICICI's reward program

Domestic loungeICICI grants lounge visits on the Rubyx pair, counts vary by network and quarter, check the linked page before travelling

Return by category

Category	Return	Notes
Online spend	0.5%	Base rate
Amazon	0.5%	Base rate
Flipkart	0.5%	Base rate
Subscriptions & OTT	0.5%	Base rate
Offline spend	0.5%	Base rate
UPI spending	0%	No RuPay variant is published, so UPI linking is unavailable
Dining	0.5%	Base rate
Swiggy	0.5%	Base rate
Zomato	0.5%	Base rate
Groceries	0.5%	Grocery and departmental points cap at ₹40,000 of spend a cycle
Quick commerce	0.5%	Uses its groceries rate
Swiggy Instamart	0.5%	Base rate
Blinkit	0.5%	Base rate
BigBasket	0.5%	Uses its groceries rate
Movies & shows	0.5%	Base rate
BookMyShow	0.5%	Base rate
PVR INOX	0.5%	Base rate
Fuel	0%	Fuel earns no points
Travel (general)	0.5%	Base rate
Flights	0.5%	Base rate
Hotels	0.5%	Base rate
MakeMyTrip	0.5%	Base rate
IRCTC rail	0.5%	Base rate
International	−2.5%	1% reward − 3.5% forex markup
Utilities & bills	0.25%	1 point per ₹100, and utility points cap at ₹80,000 of spend a statement cycle
Rent	0%	Rent earns nothing and carries a 1% fee
Education fees	0.5%	Base rate
Insurance premiums	0.25%	Capped at ₹80,000 of spend a cycle
Government & tax	0%	Government payments earn nothing
Wallet loads	0%	Wallet loads earn nothing
Anything else	0.5%	Base rate
Jewellery	0.5%	Neither excluded nor capped, per ICICI's MITC

Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.

Also worth knowing

Welcome vouchers on joining, per ICICI's current offer page

Other exclusions

Availing the EMI facility forfeits reward points under ICICI's reward program

ICICI Bank RubyxBest for A mid tier lounge and dual card setup3.3 / 5

What we liked

Two plastics on one account and limit, Mastercard and Visa
Lounge access on both variants
A ₹3 lakh waiver bar on the ₹2,000 renewal is reachable

What to mind

0.5% base earning is weak for the tier
Transportation spends cap at ₹20,000 a cycle from February 2026
Nine categories are excluded or capped

Sources

Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.

Spotted an outdated rate?