HDFC Diners Club Black Credit Card Vs ICICI Bank Emeralde Credit CardHDFC Diners Club Black Credit Card Vs ICICI Bank Emeralde Credit Card

HDFC Diners Club Black Vs ICICI Bank Emeralde Credit Card

Numerous credit cards flood the market, each promising exceptional advantages in Travel, Shopping, Dining, Entertainment, Fuel, and more. Whether you’re seeking an entry-level or premium option, there’s a credit card to suit your needs. Among these, super-premium cards stand out, renowned for their opulent perks, specifically tailored for high-net-worth individuals (HNI). Today, we delve into a comparative analysis of two such super-premium credit cards—HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card.

HDFC Diners Club Black Credit Card, a top-tier offering from HDFC Bank, boasts world-class benefits in Travel, Shopping, and Dining. This card includes complimentary memberships for Amazon Prime, Club Marriott, Zomato Gold, and more. Travel enthusiasts enjoy unlimited airport lounge access, a reduced forex markup fee, and monthly vouchers from leading brands based on their spending.

On the flip side, ICICI Bank Emeralde Credit Card is also a super-premium offering with a Rs. 12,000 membership fee. Packed with perks in travel, shopping, and movies, this card provides unlimited access to international and domestic lounges, travel-related insurance coverage, a lower forex fee, and additional privileges such as 24×7 concierge service, a commendable reward rate, diverse redemption options, and enticing entertainment benefits.

Both the HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card fall into the super-premium credit card category, renowned for their exceptional advantages. Given their top-tier status, comparing these two cards might pose a challenge. To facilitate your decision-making process, we offer an intricate comparison of these cards, providing detailed insights into their respective features.

Features and Benefits of HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card

HDFC Diners Club Black Credit Card:

1. Premium Status:

  • Positioned as HDFC Bank’s second most exclusive credit card after the Infinia Credit Card.
  • Requires a joining fee of Rs. 10,000 + GST, potentially waivable based on spending.

2. Welcome Benefits:

  • On spending over Rs. 1.5 lakhs within the initial 3 months, cardholders receive complimentary annual memberships to Club Marriott, Forbes, Amazon Prime, Zomato Gold, Times Prime, and MMTDOUBLEBLACK.
  • Renewal of memberships possible on spending Rs. 8 lakh or more in the previous year.

3. Voucher Options:

  • Spending Rs. 80,000 or more in a month allows cardholders to select 2 vouchers from leading brands worth Rs. 500 each.

4. Travel Benefits:

  • Unlimited complimentary international and domestic lounge access.
  • Lower foreign currency markup at 1.99%.
  • Reward Points (RPs) redeemable for various airline rewards programs.

5. Reward Structure:

  • 5 RPs for every Rs. 150 spent on retail.
  • Up to 10X accelerated points for HDFC SmartBuy transactions.
  • 2X RPs on weekend dining.

6. Redemption Options:

  • Reward points redeemable for flights, hotel bookings, airmiles, and cashback.
  • Quarterly availability of 6 complimentary golf rounds and travel-based insurance covers up to Rs. 2 crores.

ICICI Bank Emeralde Credit Card:

1. Premium Nature:

  • One of ICICI Bank’s premium credit cards with an annual fee of Rs. 12,000 (monthly settlement option available).

2. Reward Points:

  • Cardholders earn 4 RPs for every Rs. 100 spent on retail (except utilities, fuel, and insurance).
  • 1 Reward Point for every Rs. 100 spent on selected categories.

3. Travel Benefits:

  • Enjoy boundless entry to airport lounges both at home and abroad, without any limits.
  • Complimentary domestic airport spa access.
  • Low forex markup fee of 1.5% on international transactions.

4. Additional Privileges:

  • 1 complimentary round/lesson of golf per month on spending Rs. 50,000.
  • 24×7 concierge service and travel-related insurance covers up to Rs. 3 crores.

5. Entertainment and Dining Perks:

  • Up to Rs. 750 off on movie or event tickets on BookMyShow.
  • Over 15% off on dining bills under the Culinary Treats program.

6. Fee Waiver Options:

  • You can avoid paying the yearly fee of Rs. 12,000 by spending over Rs. 15,00,000 throughout the card’s anniversary year, or by reaching a monthly expenditure of Rs. 1,00,000 under the monthly plan.

Comparison between HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card

HDFC Diners Club Black Credit Card:

1. Reward Rate:

  • 5 RPs for every Rs. 150 spent.
  • 2X Reward Points on weekend dining.
  • 10x Accelerated Reward Points on SmartBuy.
  • 4 RPs for every Rs. 100 spent on retail expenses.
  • 1 Reward for every Rs. 100 spent on selected categories.

2. Reward Redemption:

  • Redeem for flights/hotels bookings via SmartBuy (1RP = Rs. 1).
  • Redeem for InterMiles, Singapore Airlines, and Club Vistara (1RP = 1 Air Mile).
  • Diners Club exclusive catalog (1RP = up to Rs. 0.50).
  • Cashback (1RP = Rs. 0.30).

3. Welcome Benefits:

  • Upon spending 1.5 lakhs within the first three months, you’ll receive complimentary annual memberships to Club Marriott, Forbes, Zomato Gold, Amazon Prime, Times Prime, and MMTDOUBLEBLACK.

4. Lounge Access: Both offer unlimited complimentary access to domestic and international airport lounges.

5. Travel Benefits:

  • Reward points redeemable for Airlines’ Rewards programs.
  • Zero cancellation charges on hotel/flight bookings for up to Rs. 12,000.

6. Golf Games: 6 complimentary golf rounds every quarter.

7. Dining Benefits: Annual membership of Zomato Gold and Club Marriott.

8. Entertainment Benefits: NA

9. Fee Waiver: Annual fee waived on spending Rs. 5,00,000 in the previous year.

10. Joining Fee: Rs. 10,000 + GST

11. Renewal Fee: Rs. 10,000 + GST

12. Foreign Markup Fee: 1.99% of the transacted amount

ICICI Bank Emeralde Credit Card:

1. Reward Rate:

  • 4 RPs for every Rs. 100 spent on retail expenses.
  • 1 Reward for every Rs. 100 spent on selected categories.

2. Reward Redemption: Redeem for gifts or against statement credit (1 RPs = Rs. 0.25).

3. Welcome Benefits: NA

4. Lounge Access: Both offer unlimited complimentary access to domestic and international airport lounges.

5. Travel Benefits: Travel-related insurance covers up to Rs. 3 crores.

6. Golf Games: 1 complimentary round/lesson of golf every month upon spending Rs. 50,000 in the last month.

7. Dining Benefits: Minimum 15% off on dining bills under the Culinary Treats program.

8. Entertainment Benefits: Enjoy discounts of up to Rs. 750 on tickets for movies or events when booking through BookMyShow. This offer allows a maximum discount for up to four tickets per month.

9. Fee Waiver:

  • Monthly renewal fee waived on spending Rs. 1,00,000 in the previous month.
  • Annual fee waived upon spending more than Rs. 15,00,000 in the previous year.

10. Joining Fee: Rs. 12,000 + GST or Rs. 1,000 (monthly plan)

11. Renewal Fee: Rs. 12,000 (Plus Applicable taxes) or Rs. 1,000 (monthly plan)

12. Foreign Markup Fee: 1.5% of the transacted amount.

Which credit card suits you best?

  1. HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card share similar benefits, but some noteworthy differences exist.
  2. Diners Club Black credit card provides a notable welcome benefit, offering complimentary membership to premium brands based on meeting target spending.
  3. Diners Club Black card features a robust reward rate and diverse redemption options.
  4. Emeralde credit card offers complimentary golf games, but they are subject to spending conditions, unlike Diners Club Black card, which has no such requirement.
  5. The annual fee for Emeralde credit card is higher than that of Diners Club Black card.
  6. Emeralde card imposes a higher spending condition of Rs. 15,00,000 compared to the latter.
  7. The Emeralde Credit Card provides several benefits without repetition, including reduced foreign exchange fees, exclusive movie ticket discounts, comprehensive travel insurance up to Rs. 3 crores, and no penalties for canceling hotel or flight reservations.

Frequently Asked Questions (FAQs)

1. What are the primary differences between HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card?

Both credit cards offer similar benefits, but some distinctions include welcome benefits, reward rates, and spending conditions.

2. What is the welcome benefit provided by HDFC Diners Club Black Credit Card?

The Diners Club Black credit card offers complimentary membership to premium brands based on achieving the specified target spend.

3. Do both credit cards offer complimentary golf games, and are there any conditions for availing them?

Yes, both cards offer complimentary golf games. However, ICICI Bank Emeralde Credit Card’s free golf games are subject to spending conditions, while Diners Club Black Credit Card does not have such requirements.

4. How do the annual fees of HDFC Diners Club Black Credit Card and ICICI Bank Emeralde Credit Card compare?

The annual fee for ICICI Bank Emeralde Credit Card is higher than that of HDFC Diners Club Black Credit Card.

5. What is the spending condition associated with ICICI Bank Emeralde Credit Card, and how does it compare to HDFC Diners Club Black Credit Card?

Emeralde Credit Card imposes a higher spending condition of Rs. 15,00,000 compared to HDFC Diners Club Black Credit Card.

6. Are there any unique benefits provided by ICICI Bank Emeralde Credit Card that are not available with HDFC Diners Club Black Credit Card?

Certainly! The ICICI Bank Emeralde Credit Card presents several perks including reduced forex fees, enticing movie ticket deals, comprehensive travel insurance with coverage up to Rs. 3 crores, and no fees for canceling hotel or flight reservations.

7. Which credit card is better for frequent travelers considering the benefits offered?

Depending on specific preferences and needs, individuals may find either HDFC Diners Club Black Credit Card or ICICI Bank Emeralde Credit Card more suitable. It is recommended to evaluate the features that align with personal priorities.

8. Can I avail of premium brand memberships without any spending conditions with ICICI Bank Emeralde Credit Card?

No, ICICI Bank Emeralde Credit Card does not offer complimentary memberships to premium brands without meeting the specified spending conditions.

9. What redemption options are available with HDFC Diners Club Black Credit Card’s strong reward rate?

HDFC Diners Club Black Credit Card provides various redemption options, allowing cardholders to choose from a diverse range of rewards.

10. Are there any specific travel-related benefits that stand out between the two credit cards?

Yes, ICICI Bank Emeralde Credit Card offers travel-related insurance covers up to Rs. 3 crores, providing comprehensive coverage for cardholders during their travels.

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