ICICI Bank
Adani One Platinum
The Adani One Platinum is a travel-entry card offering a 3% reward rate on Adani-managed services and a reliable 1% base rate. While its ₹750 fee is offset by welcome vouchers, the 2026 update introduces a ₹75,000 quarterly spend requirement to unlock its 8 annual domestic lounge visits, making it less of a "free pass" than before.
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 31 May 2026.
At a Glance
Annual Fee
₹750
Joining Fee
₹750
Fee Waiver
Spend ₹3,00,000 annually
Lounge Access
2 domestic lounge access per quarter
Forex Markup
3.5%
Effective Yield
1% – 3%
Our Take
The Adani One Platinum is a travel-entry card offering a 3% reward rate on Adani-managed services and a reliable 1% base rate. While its ₹750 fee is offset by welcome vouchers, the 2026 update introduces a ₹75,000 quarterly spend requirement to unlock its 8 annual domestic lounge visits, making it less of a "free pass" than before.Despite being the entry-level sibling to the Signature, the Platinum card still provides high-end airport utility, including 4 porter services and 2 valet parking visits annually at Adani-managed terminals. However, unbiased reviewers must flag the July 2026 lounge criteria: the "unconditional" access has been replaced by a steep ₹75,000 spend per calendar quarter. While its 0.5% rate on utilities and insurance is low, the ability to earn 1.5% on international spends and a ₹3 lakh annual fee waiver makes it a solid secondary card for those who frequent airports like Mumbai, Ahmedabad, or Lucknow.
Pros
- High-Yield Ecosystem Rewards: Earns a flat 3% Adani Reward Points (1 RP = ₹1) on all spends within the Adani One app (flights, hotels) and at Adani-managed airports (Duty-Free, F&B). For a frequent traveler, this is a very strong return for a sub-₹1,000 card.
- Airport Service Suite: Includes 2 complimentary 'Premium Lounge Upgrades' every quarter and a bundle of 4 Porter services, 2 Valet parking, and 2 Premium parking instances per year. These 'ground' perks are virtually unheard of in this fee segment.
- Profitable Welcome Package: Despite a ₹750 fee, you get vouchers worth ~₹5,000 upon activation (including a ₹2,000 flight voucher after spending ₹10,000). This makes the card 'net-profitable' for the user from Day 1.
- Integrated Utility Rewards: Earns the accelerated 3% rate on Adani Electricity and Adani Gas bills paid via the Adani One app. This makes it an excellent 'household' card for users living in Adani Power distribution zones.
- Exclusive 'Rewards ULTRA' Access: Cardholders get access to the 'Rewards ULTRA' tier, which periodically offers additional discounts on luxury brands and special airport experiences that aren't available to standard ICICI Platinum users.
Cons
- New 2026 Lounge Spend Cliff: In a significant shift starting July 2026, the 8 complimentary domestic lounge visits (2 per quarter) are no longer automatic. You must now spend at least ₹75,000 in the preceding quarter to unlock them, which is a very high bar for a basic card.
- Platform-Locked Redemption: Points (1 RP = ₹1) can only be redeemed within the Adani One ecosystem for flights, hotels, or airport services. You cannot convert them to statement credit or transfer them to airline partners like Air India or Vistara.
- Low Base & International Rates: Outside of Adani merchants, the reward rate drops to a meager 1% on domestic spends and 1.5% on international spends. This makes it a poor 'primary' card for someone who shops at general retailers or travels abroad.
- Limited Geographic Utility: The Porter and Valet services are strictly restricted to Adani-operated airports (BOM, AMD, LKO, JAI, TRV, IXE, GAU). If you fly primarily through Delhi (GMR) or Bengaluru (BIAL), these 'hero' features are useless.
- Small-Ticket Movie Cap: While it offers 25% off on BookMyShow twice a month, the discount is capped at just ₹100. This is significantly lower than the ₹500 cap on the Signature variant or the BOGO offers on other mid-tier cards.
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Adani Ecosystem (3% Value) | 3 Adani Reward Points per ₹100 | 3.00% | No Upper Cap |
| International Spends | 1.5 Adani Reward Points per ₹100 | 1.50% | No Upper Cap |
| Domestic Retail Spends | 1 Adani Reward Point per ₹100 | 1.00% | No Upper Cap; category based limits may still apply |
| Utility & Insurance (Non-Adani) | 0.5 Adani Reward Points per ₹100 | 0.50% | ₹40,000 spend each |
| Excluded Categories | No Points Earned | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹0.1 Lakh | Flight Voucher0 pts | ₹2,000 Voucher | Spend ₹10,000 within 60 days of card activation to unlock a flight voucher. |
| ₹3 Lakh | Fee Waiver0 pts | ₹750 + GST Savings | Annual fee for the next year is waived if you spend ₹3 Lakhs in the calendar year. |
| ₹1 Lakh | Porter Service0 pts | 2 Porter Services | Unlock 2 domestic porter services for every ₹1 Lakh spent (Capped at 4/year). |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Adani One Platform | ₹1.00 per point1:1 Ratio | Best Value (Redeem for flights, hotels, or duty-free at Adani airports) |
What You Need to Know
New Lounge Spend Criteria
Effective July 1, 2026, domestic lounge access requires a spend of ₹75,000 in the previous quarter.
Impact: If you don't hit the ₹25k/month average, the lounge benefit is effectively dead.
Third-Party Wallet Fee
1% fee on wallet loads (Amazon Pay, Paytm, etc.) of ₹5,000 or more per transaction.
Impact: Increases cost for users who use wallet loads to pay for non-accepted merchants.
Gaming & Betting Fee
A 2% fee is levied on transactions at gaming platforms like Dream11 or Rummy.
Impact: Avoid using this card for online skill gaming as the fee exceeds the reward rate.
Utility Loophole
To get 3% on utilities, you MUST pay via the Adani One portal/app.
Impact: Paying through the bank's bill-pay or BBPS will drop your rewards to 0.5%.
Essential Fine Print
Reward Exclusions
Non-Reward Categories: Fuel, cash advances, and EMI transactions do not accrue reward points.
Welcome Offer
Hotel Vouchers
Hotel voucher worth ₹1,000 on activation of the Credit Card.
Flight Vouchers
Flight voucher worth ₹2,000 on spending ₹10,000 within the first 60 days of card activation.
Lounge Access
Domestic Lounge Access
The Primary Cardholder can avail 2 complimentary domestic airport lounge accesses per quarter. Note: This card will require spends of ₹ 75,000 to be made in a calendar quarter to unlock airport lounge access in the next calendar quarter, with effect from Jul 01, 2026.
Premium Lounge Upgrades
Enjoy 8 Premium Lounge upgrades at Adani-managed and operated airports.
Travel Benefits
Adani One Ecosystem Rewards
Earn 3% Adani Reward Points on spends made through the Adani One app (flights, hotels, Duty Free, etc.).
International Spend Rewards
Earn 1.5% Adani Reward Points on all international transactions.
Valet Parking
Avail 2 instances of Valet Parking using the Adani One platform with the Adani Rewards Membership Account credentials.
Porter Service
Get up to 4 Porter services in a year for every ₹1 lakh spend annually
Premium Car Parking
Avail 2 instances of Premium car parking on card activation using the Adani One platform with the Adani Rewards Membership Account credentials.
Milestone Benefits
Annual Fee Waiver
Renewal fee of ₹750 is waived if the total spends on the card exceed ₹3,00,000 in the previous anniversary year.
Additional Features
Movie Offer
Get 2 monthly discounts on movie tickets through BookMyShow (25% off upto ₹100) Note: Starting Apr 1, 2026, to be eligible for availing complimentary tickets offer on movie/ events tickets with BookMyShow, you must spend ₹25,000 or more on your Adani One ICICI Bank Platinum Credit Card within the preceding spends quarter.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹750 |
| Annual / Renewal Fee | ₹750 |
| Fee Waiver Threshold | Spend ₹3,00,000 annually |
| Forex Markup | 3.5% |
| Reward Redemption Fee | ₹99 per redemption |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Salaried
Age > 21 years, Monthly Income > ₹ 20,000
Self-Employed
Age > 21 years, Annual Income > ₹ 2.4 Lakhs
Ready to apply for Adani One Platinum?
Annual fee: ₹750 · Waived on ₹3,00,000 spend
Annual fee
₹750
1% – 3% yield