Head-to-head · 🇮🇳 India
ICICI Sapphiro vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Premium
ICICI Bank
ICICI Sapphiro
VISA
Wins 1 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 7 of 10
Verdict
IndusInd Iconia Amex wins 7-1. Mid-premium Amex with annual-fee waiver from year 2. ICICI Sapphiro is still the right call if mid-premium with strong dining + travel mix..
Side-by-side
| Criterion | ICICI Sapphiro | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹3,500 | No annual fee |
| Joining fee | · ₹6,500 | ₹3,500 |
| Top reward rate | · 1% (general) | 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 10,000 reward points worth ₹2,500 | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹600,000 / yr | N/A (no fee) |
| Min income | · ₹1,000,000 | ₹600,000 |
| Min credit score | · 780 | 770 |
| Editorial rating | 4.3/5 | · 4.2/5 |
Benefits compared
ICICI Sapphiro
- 4 PAYBACK points per ₹100
- 2 complimentary international + 4 domestic lounge visits/year
- 15% off at 800+ restaurants (Culinary Treats)
- 25% off BookMyShow tickets
- Comprehensive travel 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 Sapphiro vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (7 vs 1). 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 Sapphiro 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 Sapphiro: 10,000 reward points worth ₹2,500. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.