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ICICI Bank iShop Accelerated Reward Points Portal Launched - Upto 36% Reward Rate 🔥

As promised by ICICI Bank at the time of launching the Emeralde Private Metal Card and Times Black Card, they have introduced their Accelerated Rewards Portal, iShop by ICICI Bank. Through this portal, ICICI Bank cardholders can earn accelerated rewards when purchasing gift vouchers, booking flights, and reserving hotels.

Screenshot 2025-02-16 at 10.08.36 AM.webp

The portal is similar to HDFC Bank’s SmartBuy for HDFC customers. However, ICICI Bank also offers accelerated rewards to its debit card and net banking customers, even if they don't have an ICICI credit card. The portal appears to be in beta testing, as ICICI Bank has added a "Beta" tag to the iShop logo. So, expect changes in rules and capping.

Let's dive into the details of this portal!

Reward Earning on iShop Portal

Credit Cards & Debit Cards:
  • 6X Reward Points on Flight Bookings & Shopping Vouchers
  • 12X Reward Points on Hotels
  • 4% Cashback for co-branded ICICI cards
Net Banking Customers:
  • 3% iCash on Flight Bookings
  • 6% iCash on Hotels
  • NA% iCash on Shopping Vouchers
1739422029612.webp

Redemption on iShop Portal

You can redeem your credit card reward points on the iShop portal.

The value of credit and debit card reward points depends on the card you hold. For example, with the ICICI Bank Emeralde Private Metal Credit Card, 1 reward point = ₹1.

Redemption Options:

  • Flight Booking: You can pay 100% of the order value using reward points.
  • Hotel Booking: You can pay 90% of the order value using reward points, and the remaining 10% must be paid using the same credit card.
  • Shopping Vouchers: You can pay 50% of the order value using reward points, with the rest paid via card.

For Net Banking Customers:

  • Instead of reward points, Net Banking Customers receive iCash from iShop (1 iCash = ₹1).
  • For flights, hotels, and gift vouchers, you can use a maximum of 80% iCash, and the remaining 20% must be paid via net banking.
1739422038569.webp

Reward Redemption Fees: You will be charged Rs. 99 + GST per successful redemption except for Emerald Private Metal Credit Card and Times Black Card.

How to Access the iShop Portal

Login URL:
https://icicibank.com/ishoplogin
Log in using your mobile number and access the portal to purchase gift vouchers, book flights or hotels, and earn accelerated reward points. You can also use the portal to redeem your card's reward points.

Capping on Accelerated Reward Points

The cap on accelerated reward points through iShop depends on the ICICI credit or debit card you hold.

Credit Cards:

  • ICICI Emeralde Private Metal Credit Card: 18,000 Bonus Points
  • ICICI Times Black Credit Card: 15,000 Bonus Points
  • ICICI Emeralde PVC Credit Card: 12,000 Bonus Points
  • ICICI Diamant World Credit Card: 12,000 Bonus Points
  • ICICI Other Credit Cards (Coral, CSK, HPCL, ManU, Parakram, Rubyx, Sapphiro): 9,000 Bonus Points
  • ICICI Co-Branded Credit Cards (Amazon, Adani, Emirates, MMT, etc.): ₹1,100 Cashback

Debit Cards:

  • ICICI Sapphiro & Expressions Sapphiro Debit Card: 9,000 Bonus Points
  • ICICI Rubyx & Expressions Coral Debit Card: 9,000 Bonus Points
  • ICICI Private, Wealth, Coral & Expressions Debit Card: 7,250 Bonus Points
  • ICICI Other Debit Cards: 7,250 Bonus Points

Reward Rate:

The reward rate varies based on your card variant.

Card NameCard Base Reward RateReward Rate On Flight BookingReward Rate On Hotel BookingReward Rate On Bus BookingReward Rate On Gift Vouchers
ICICI Emeralde Private Metal Credit Card3%18%36%18%18%
ICICI Times Black Credit Card2%12%24%12%12%
ICICI Emeralde PVC Credit Card1%6%12%6%6%
ICICI Diamant World Credit Card0.75%4.5%9%4.5%4.5%
ICICI Other Credit Cards0.50%3%6%3%3%
ICICI Co-Branded Credit CardsVarious4%4%4%4%

Spends Required to Earn the Maximum Possible Bonus Points:

Credit Card NameOverall Bonus Point Capping On iShopSpends Required For 6X CategoriesSpends Required For 12X Categories
ICICI Emeralde Private Metal Card18,000Rs. 1,20,000Rs. 54,600
ICICI Times Black Card15,000Rs. 1,50,000Rs. 68,200
ICICI Emeralde Plastic Card12,000Rs. 60,000Rs. 27,300
ICICI Diamant World Card12,000Rs. 80,000Rs. 36,400
ICICI Bank Other Credit Cards9,000Rs. 90,000Rs. 41,000
ICICI Bank Co-Branded Credit CardsRs. 1,100Rs. 27,500 (4% Cashback)Rs. 18,400 (6% Cashback)

iShop Bonus Points Time-frame:

1. Is the bonus points capping applicable per statement cycle or per calendar month?

Answer: The bonus points capping is applicable per calendar month.

2. When will the bonus reward points be credited after completing transactions on iShop?
Answer: Typically, your ICICI Reward Points/Cashbacks are credited to your ICICI Bank Credit Card/Debit Card within 90 days of the transaction or from 45 days of the completion of travel/stay, whichever falls later.

20250217_152305_0000.webp

This is an amazing launch from ICICI Bank. ICICI Bank has often been tagged as a low-rewarding credit card issuer, but with this portal launch, customers can now earn significant bonus reward points using their ICICI Bank credit cards. This is a great way to revamp the bank's credit card portfolio.

One key expectation from ICICI Bank is that they should enter the airmiles game as soon as possible. According to some sources, they are already working on it. They are also aiming to launch a hotel co-branded credit card soon.


Original thread started by @Infamous. Credit for editing the old post: @BVC, @Talkwithfino, @Gkcards and @Pavvan.
 
Last edited:
Can any one here brief on EPM daily limit and spend on 5X and 10X as well as monthly total spend to max the rewards on 5X & 10X accelerated rerwards ? Thank you !
Is this calculation correct for EPM?

Feature/Category6X Accelerated (Flights & Shopping Vouchers via iShop)12X Accelerated (Hotels via iShop)
Reward Rate (Effective)18% (18 RP per ₹100 spent)36% (36 RP per ₹100 spent)
Daily Bonus Points Cap10,000 Bonus RP per day10,000 Bonus RP per day
Monthly Bonus Points Cap18,000 Bonus RP per calendar month18,000 Bonus RP per calendar month
Spend to Hit Daily Cap (Bonus RP)₹55,555.56 (yields 10,000 Bonus RP)₹27,777.78 (yields 10,000 Bonus RP)
Total Spend to Hit Monthly Cap (18,000 Bonus RP)₹1,00,000₹50,000
Minimum Days to Maximize Monthly Bonus (due to daily cap)2 Days2 Days
Optimal Daily Spend Plan to Maximize Monthly BonusDay 1: ₹55,555.56 (10,000 Bonus RP) Day 2: ₹44,444.44 (8,000 Bonus RP)Day 1: ₹27,777.78 (10,000 Bonus RP) Day 2: ₹22,222.22 (8,000 Bonus RP)
Additional Base RP Earned (on top of Bonus RP)3,000 RP (on ₹1,00,000 spend)1,500 RP (on ₹50,000 spend)
Total RP Earned (Bonus + Base)21,000 RP19,500 RP
Redemption Value (for Travel via iShop)1 RP = ₹11 RP = ₹1
 
The reward rate is as follows

5x - 3% (Base) + 15% (Bonus)
10x - 6% (Base) + 30% (Bonus)

Accordingly see the changes in the table.
Is this calculation correct for EPM?


Feature/Category6X Accelerated (Flights & Shopping Vouchers via iShop)12X Accelerated (Hotels via iShop)
Reward Rate (Effective)18% (18 RP per ₹100 spent)36% (36 RP per ₹100 spent)
Daily Bonus Points Cap10,000 Bonus RP per day10,000 Bonus RP per day
Monthly Bonus Points Cap18,000 Bonus RP per calendar month18,000 Bonus RP per calendar month
Spend to Hit Daily Cap (Bonus RP)₹66,666 (yields 10,000 Bonus RP)₹33,333 (yields 10,000 Bonus RP)
Total Spend to Hit Monthly Cap (18,000 Bonus RP)₹1,20,000₹60,000
Minimum Days to Maximize Monthly Bonus (due to daily cap)2 Days2 Days
Optimal Daily Spend Plan to Maximize Monthly BonusDay 1: ₹66,666 (10,000 Bonus RP) Day 2: ₹53,334 (8,000 Bonus RP)Day 1: ₹33,333 (10,000 Bonus RP) Day 2: ₹26,667 (8,000 Bonus RP)
Additional Base RP Earned (on top of Bonus RP)3,600 RP (on ₹1,20,000 spend)1,800 RP (on ₹60,000 spend)
Total RP Earned (Bonus + Base)21,600 RP19,800 RP
Redemption Value (for Travel via iShop)1 RP = ₹11 RP = ₹1
 
Is this calculation correct for EPM?


Feature/Category6X Accelerated (Flights & Shopping Vouchers via iShop)12X Accelerated (Hotels via iShop)
Reward Rate (Effective)18% (18 RP per ₹100 spent)36% (36 RP per ₹100 spent)
Daily Bonus Points Cap10,000 Bonus RP per day10,000 Bonus RP per day
Monthly Bonus Points Cap18,000 Bonus RP per calendar month18,000 Bonus RP per calendar month
Spend to Hit Daily Cap (Bonus RP)₹55,555.56 (yields 10,000 Bonus RP)₹27,777.78 (yields 10,000 Bonus RP)
Total Spend to Hit Monthly Cap (18,000 Bonus RP)₹1,00,000₹50,000
Minimum Days to Maximize Monthly Bonus (due to daily cap)2 Days2 Days
Optimal Daily Spend Plan to Maximize Monthly BonusDay 1: ₹55,555.56 (10,000 Bonus RP) Day 2: ₹44,444.44 (8,000 Bonus RP)Day 1: ₹27,777.78 (10,000 Bonus RP) Day 2: ₹22,222.22 (8,000 Bonus RP)
Additional Base RP Earned (on top of Bonus RP)3,000 RP (on ₹1,00,000 spend)1,500 RP (on ₹50,000 spend)
Total RP Earned (Bonus + Base)21,000 RP19,500 RP
Redemption Value (for Travel via iShop)1 RP = ₹11 RP = ₹1
I think EPM base reward rate is 6 points per 200 rupees..
So it gives rewards in the multiple of 200 rupees..

I hope this information is helpful to make changes in the table.
 
Guys, can someone let me know the maximum amount of transaction I can do with cards like Sapphiro:
For ex, If I buy 50k worth of vouchers, I get 1000 base + 5000 accelerated = Total 6000
Or
Do I only buy 41.6k worth of vouchers to get 832 base + 4160 accelerated = Total 4992
Because 5000 is the daily cap?
 
Is this calculation correct for EPM?


Feature/Category6X Accelerated (Flights & Shopping Vouchers via iShop)12X Accelerated (Hotels via iShop)
Reward Rate (Effective)18% (18 RP per ₹100 spent)36% (36 RP per ₹100 spent)
Daily Bonus Points Cap10,000 Bonus RP per day10,000 Bonus RP per day
Monthly Bonus Points Cap18,000 Bonus RP per calendar month18,000 Bonus RP per calendar month
Spend to Hit Daily Cap (Bonus RP)₹55,555.56 (yields 10,000 Bonus RP)₹27,777.78 (yields 10,000 Bonus RP)
Total Spend to Hit Monthly Cap (18,000 Bonus RP)₹1,00,000₹50,000
Minimum Days to Maximize Monthly Bonus (due to daily cap)2 Days2 Days
Optimal Daily Spend Plan to Maximize Monthly BonusDay 1: ₹55,555.56 (10,000 Bonus RP) Day 2: ₹44,444.44 (8,000 Bonus RP)Day 1: ₹27,777.78 (10,000 Bonus RP) Day 2: ₹22,222.22 (8,000 Bonus RP)
Additional Base RP Earned (on top of Bonus RP)3,000 RP (on ₹1,00,000 spend)1,500 RP (on ₹50,000 spend)
Total RP Earned (Bonus + Base)21,000 RP19,500 RP
Redemption Value (for Travel via iShop)1 RP = ₹11 RP = ₹1

Adjusted as per the feedback .. coments ?


Feature/Category6X Accelerated (Flights & Shopping Vouchers via iShop)12X Accelerated (Hotels via iShop)
Total Reward Rate (Effective)
Reward Points Earned36 RP per ₹200 spent (18 RP per ₹100)72 RP per ₹200 spent (36 RP per ₹100)
Breakdown of RP (per ₹200 spent)6 Base RP + 30 Bonus RP6 Base RP + 66 Bonus RP
Daily Bonus Points Cap10,000 Bonus RP per day10,000 Bonus RP per day
Monthly Bonus Points Cap18,000 Bonus RP per calendar month18,000 Bonus RP per calendar month
Spend to Hit Daily Cap (10,000 Bonus RP)₹66,666.67 (to earn 10,000 bonus RP)₹30,303.03 (to earn 10,000 bonus RP)
Total Spend to Hit Monthly Cap (18,000 Bonus RP)₹1,20,000₹54,545.45
Minimum Days to Maximize Monthly Bonus (due to daily cap)2 Days2 Days
Optimal Daily Spend Plan to Maximize Monthly BonusDay 1: ₹66,666.67 (10,000 Bonus RP) Day 2: ₹53,333.33 (8,000 Bonus RP)Day 1: ₹30,303.03 (10,000 Bonus RP) Day 2: ₹24,242.42 (8,000 Bonus RP)
Total RP Earned (Bonus + Base)18,000 Bonus RP + 3,600 Base RP = 21,600 RP (on ₹1,20,000 spend)18,000 Bonus RP + 1,636.36 Base RP = 19,636.36 RP (on ₹54,545.45 spend)
Redemption Value (for Travel via iShop)1 RP = ₹11 RP = ₹1
[td]
18%​
[/td][td]
36%​
[/td]​
 
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