Question 1

What type of card is the Times Black ICICI Bank Credit Card?

Accepted Answer

The Times Black ICICI Bank Credit Card is an exclusive credit card issued by ICICI Bank in association with Times Internet Ltd. and Visa. It is designed for Ultra-High Net Worth Individuals (UHNIs) and offers premium benefits across various categories, including luxury stays, travel experiences, lifestyle, and mobility. It is a top-tier lifestyle and travel card with unparalleled privileges for a life of luxury.

Question 2

What are the eligibility criteria for the Times Black ICICI Bank Credit Card?

Accepted Answer

To apply for the Times Black ICICI Bank Credit Card, you must be an Indian citizen above 21 years of age. For salaried individuals, a monthly income of ₹2,00,000 is required. Self-employed individuals must have an annual income of ₹24,00,000 or more. You will also need to provide proof of identity, proof of address, and income proof during the application process.

Question 3

What are the joining and annual fees for the Times Black ICICI Bank Credit Card?

Accepted Answer

The Times Black ICICI Bank Credit Card has a joining fee of ₹20,000 + GST and an annual fee of ₹20,000 + GST. However, you can get your annual fee waived from the 2nd year onwards if you make minimum spends of ₹25,00,000 in the previous year. Other charges include a 3.75% interest per month if only the minimum due is paid, and late payment fees ranging from ₹100 to ₹1,300.

Question 4

How can I get the annual fee waived on the Times Black Credit Card?

Accepted Answer

You can get your annual fee waived from the 2nd year onwards by spending a minimum of ₹25,00,000 (₹25 lakh) in the previous year. Once this spend milestone is achieved, the annual fee of ₹20,000 + GST for the following year will be waived off automatically. This makes the card more cost-effective for high spenders who regularly use it for premium transactions.

Question 5

How are reward points earned on the Times Black ICICI Bank Credit Card?

Accepted Answer

You earn 2% ICICI Bank reward points on all eligible domestic transactions and 2.5% on international spends. However, reward points are capped at 5,000 per statement cycle for utility payments, insurance premiums, education payments, and government payments. Reward points are not earned on fuel transactions, rent payments, or transactions converted into EMIs — points earned on such transactions will be reversed.

Question 6

What is the value of 1 ICICI Bank reward point, and how can it be redeemed?

Accepted Answer

The value of 1 ICICI Bank reward point can be up to ₹1 when redeemed through the rewards catalogue, covering categories like health and beauty, travel and luggage, shopping vouchers, home appliances, electronics, and fashion and lifestyle. However, when redeeming reward points against your credit card statement, the redemption rate is lower at 1 Reward Point = ₹0.40.

Question 7

What lounge access benefits does the Times Black Credit Card offer?

Accepted Answer

The Times Black ICICI Bank Credit Card provides unlimited complimentary domestic airport lounge access across India. For international travel, cardholders receive complimentary Priority Pass Membership, giving access to 1,400+ lounges across 145+ countries worldwide. Both the primary cardholder and the Plus (add-on) cardholder are eligible for the complimentary Priority Pass Membership. Simply present your Priority Pass Membership Card at participating international lounges to avail the benefit.

Question 8

What luxury stay benefits does the Times Black Credit Card provide?

Accepted Answer

The Times Black Credit Card offers multiple luxury stay benefits. As a welcome benefit, cardholders receive a Luxury Stay Gift Card from EaseMyTrip worth ₹10,000 or from Lohono worth ₹12,000. Additionally, on spends of ₹20 lakh, you earn a one-night luxury stay at Ayatana or Lohono worth ₹20,000. These milestone benefits are accessible through the Times Black app for six months from the date of notification.

Question 9

How long are Milestone Benefits available to Times Black Credit Card holders?

Accepted Answer

Milestone Benefits on the Times Black ICICI Bank Credit Card can be accessed through the Times Black app for a period of six months, starting from the date the eligible cardholder is notified about the respective milestone by ICICI Bank. It is important to redeem these benefits within this six-month window to avoid losing them. Notifications are sent by ICICI Bank once the qualifying spend threshold is reached.

Question 10

What is the forex markup fee on the Times Black Credit Card?

Accepted Answer

The Times Black ICICI Bank Credit Card offers a very competitive forex markup fee of just 1.49% on international transactions. This is significantly lower than the standard 3.5% forex markup charged by most credit cards, making it an excellent choice for frequent international travellers. There is also no ATM withdrawal fee associated with this card, adding further value for those who travel abroad regularly.

Question 11

What documents are required to apply for the Times Black ICICI Bank Credit Card?

Accepted Answer

To apply for the Times Black ICICI Bank Credit Card, you need to submit proof of identity, proof of address, and income proof. For the video KYC verification process, you must provide your PAN Card and Aadhaar Card details, followed by a video-based verification with an ICICI Bank employee. Notably, no physical documents are required for income proof, making the application process more convenient.

Question 12

How do I complete the video KYC verification for the Times Black Credit Card?

Accepted Answer

To complete your video KYC verification, you need to provide your PAN Card and Aadhaar Card details, followed by a video-based verification with an ICICI Bank employee. You will need to accept a call request from the ICICI Bank employee, answer a few questions, and show your original PAN Card on camera. Video KYC is available 24x7 on all days, making it convenient to complete at any time.

Question 13

When will I receive my joining benefits after applying for the Times Black Credit Card?

Accepted Answer

After payment of the joining fee, you will receive an email regarding your joining benefits within 45 business days. The welcome benefits include lifestyle gift cards from Toni and Guy worth ₹3,000 and Interflora worth ₹1,000, as well as a Luxury Stay Gift Card from EaseMyTrip worth ₹10,000 or Lohono worth ₹12,000. Ensure your registered email ID is updated correctly to receive timely communication about your benefits.

Question 14

How can I generate the PIN for my Times Black Credit Card?

Accepted Answer

You can generate your Times Black Credit Card PIN through three methods: (1) Using the iMobile app — navigate to Services > Card PIN Services > Generate Credit Card PIN; (2) Using Net Banking — log in, go to Generate Card PIN > Credit Card PIN, select your card, enter CVV, submit, enter OTP, and set your PIN; (3) Using the IVR system — call Customer Care on 1800 1080 and follow the instructions provided.

Question 15

Does the Times Black Credit Card offer any cancellation charge refund benefits?

Accepted Answer

Yes, the Times Black ICICI Bank Credit Card offers a refund of up to ₹12,000 on cancellation charges for domestic flight and hotel bookings. This means there are no effective cancellation charges on eligible domestic flight and hotel bookings up to this amount, providing significant peace of mind and financial protection when travel plans change unexpectedly. This is one of the card's notable travel-related benefits.

Joining Fee

Annual Fee

Forex Markup

Times Black

Rewards Structure

Pros

Cons

Hidden Catches (Transparency Policy)

Key Benefits & Features

Eligibility Criteria

Required Documents

IDENTITY Proof

ADDRESS Proof

INCOME Proof

Notable Exclusions

About Times Black

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