Head-to-head · 🇮🇳 India
ICICI Rubyx vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI Rubyx
VISA
Wins 2 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 5 of 10
Verdict
IndusInd Iconia Amex wins 5-2. Mid-premium Amex with annual-fee waiver from year 2. ICICI Rubyx is still the right call if step up from coral — adds dual-network and milestone rewards..
Side-by-side
| Criterion | ICICI Rubyx | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹2,000 | No annual fee |
| Joining fee | ₹3,000 | · ₹3,500 |
| Top reward rate | · 1% (general) | 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 5,000 PAYBACK points + Tata CLiQ voucher | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹350,000 / yr | N/A (no fee) |
| Min income | = ₹600,000 | = ₹600,000 |
| Min credit score | 760 | · 770 |
| Editorial rating | · 4/5 | 4.2/5 |
Benefits compared
ICICI Rubyx
- Dual-network (Visa + Amex one card)
- 4 international + 6 domestic lounge visits/year
- 15% off Culinary Treats
- 25% off movie tickets
- Comprehensive insurance
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›ICICI Rubyx vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (5 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use ICICI Rubyx for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
ICICI Rubyx: 5,000 PAYBACK points + Tata CLiQ voucher. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.