No, ICICI Sapphiro Credit Card has a first Year joining fee of ₹6,500 + GST. You pay an annual fee of ₹ 3,500 from second year onwards, but if you spend more than ₹6,00,000 in any year then your annual fee for the subsequent year will be waived off. ICICI Sapphiro Credit Card review: ₹9,500 in welcome offers, lounge access, rewards & milestone golf perks - learn if it’s worth your spend. Apply Online ICICI Bank Sapphiro Credit Card and get Exclusive privileges, Dreamfolks DragonPass programme membership and 25% Discount on movie tickets The ICICI Bank Sapphiro Credit Card is a premium card for affluent individuals seeking luxury, lifestyle, and exclusive travel benefits. It gives cardholders unique privileges, including complimentary airport lounge access, luxury shopping discounts, and comprehensive travel insurance.