ICICI Bank Coral Credit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Coral Credit Card, issued by ICICI Bank, is positioned as a basic yet popular offering, providing exclusive rewards and offers across dining, entertainment, and travel categories. It allows customers to choose from four variants: Visa, RuPay, Mastercard, and AmEx. Key differentiating benefits include earning up to 2 Reward Points for every ₹100 spent, an opportunity to earn up to 10,000 bonus Reward Points annually through its milestone program, and complimentary domestic airport and railway lounge access every quarter.

Fees

• Joining Fee: ₹500 + GST
• Annual Fee: ₹500 + GST
• Spend-Based Waiver: The annual fee can be waived on spending ₹1.5 lakh or more in the previous anniversary year.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates: 3.75% per month (45% per annum) for ATM withdrawals and if only the minimum due is paid.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver across all HPCL petrol stations in India. This offer is valid for transactions between ₹400 and ₹4,000 and applies to both primary and supplementary cardholders.
• Cash Advance Charges: 2.5% or a minimum of ₹500, whichever is higher.
• Late Payment Charges: Ranging from ₹100 – ₹1,300.

Rewards

• Reward Points Earning:
  • Earn 2 Reward Points per ₹100 spent on all retail categories, except fuel.
  • Earn 1 Reward Point per ₹100 spent on utilities and insurance-related transactions.
• Milestone Benefits:
  • Receive 2,000 Reward Points on achieving a spend of ₹2 lakh within an anniversary year.
  • Earn an additional 1,000 bonus Reward Points for every incremental spend of ₹1 lakh thereafter within the same anniversary year.
  • The maximum bonus points that can be earned annually under this program are capped at 10,000 points.
• Movie & Entertainment Benefits:
  • Get a 25% discount (up to ₹100) on booking a minimum of two movie tickets on BookMyShow and INOX.
  • This offer can be availed twice a month.
  • Condition: To be eligible for this movie benefit, you must spend ₹25,000 or more on your Coral Credit Card in the preceding calendar quarter. This entitles you to avail the offer in the subsequent calendar quarter (effective April 1, 2026).
  • Customers with dual network cards (Mastercard & Amex | Visa & RuPay) can avail one movie offer per month, per variant.
  • Cashback offers on the Amex variant for movie tickets have been revoked effective January 1, 2025.
• Dining Benefits:
  • Enjoy exclusive dining deals through the ICICI Bank Culinary Treats Programme.
  • Receive a discount of 15% or more on dining bills at over 2,500 partner restaurants, including TGI Fridays, Café Coffee Day, Pizza Hut, Mainland China, and Vaango.
• Travel Benefits:
  • Domestic Airport Lounge Access: Get 1 complimentary access to select domestic airport lounges every quarter.
    • Condition: To avail this benefit, you must spend ₹75,000 or more on your Coral Credit Card in the previous calendar quarter. This benefit is exclusively applicable to the primary cardholder.
  • Railway Lounge Access: Enjoy 1 complimentary visit to select railway lounges in India every quarter. No minimum spend criteria is required for railway lounge access.
• Insurance Benefits:
  • The RuPay variant of the card provides a personal accident insurance cover of ₹2 Lakh.
• Lifestyle Benefits:
  • The RuPay variant offers 24/7 Concierge services. To contact, call the toll-free number 18002670731.

Rewards Redemption Guide

• Reward Point Value: 1 Reward Point is equivalent to ₹0.25.
• Redemption Options: Reward points can be redeemed for cash, gifts, or against an array of categories and products including Health and Beauty, Travel and Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion and Lifestyle.
• How to Redeem: To redeem points, especially for cash, you can contact ICICI Bank Credit Card customer care at 080-4014-6444 or 1860-258-5000.

Card Eligibility Criteria

• Age:
  • Primary cardholder: Must be an Indian citizen between 21 and 65 years of age.
  • Supplementary cardholders: Must be 18 years or more.
• Income:
  • Salaried individuals: Must have a monthly income of ₹20,000.
  • Self-employed individuals: Must have an annual income of ₹2,40,000.
• Documents Required:
  • Proof of Address: Aadhaar Card, Driving License, Passport, or utility bills.
  • Identity Proof: Voter’s ID, Aadhaar Card, PAN Card, or Passport.
  • Income Proof: Latest salary slips or Income Tax Returns (ITR).
  • No physical documents are required for online applications.

Card Review

The ICICI Bank Coral Credit Card is an excellent choice for individuals who frequently spend on movies and dining. Despite being a basic credit card, it offers valuable benefits such as complimentary railway lounge access without any spend-based criteria. The RuPay variant adds convenience by allowing linkage to UPI for payments. Cardholders can potentially save up to ₹2,400 annually on movie tickets and up to ₹750 in cash rewards on annual spending of ₹3 lakh. Additional perks like fuel surcharge waiver, dining discounts, and an annual fee waiver make it a reasonable option. It stands out as a better option compared to the ICICI Platinum Credit Card due to its lounge access benefits. However, a notable drawback is the absence of joining benefits for those who opt for the paid variant of the card.

Important Product Details

• Earn 1 Reward Point per ₹100 spent on utilities & insurance-related spends.
• Earn 2 Reward Points per ₹100 spent on all other categories (except Fuel).
• Opportunity to earn up to 10,000 bonus Reward Points annually under the Milestone Program.
• Receive 1 complimentary domestic airport lounge access every quarter, subject to a spend-based criterion.
• Receive 1 complimentary railway lounge pass every quarter.
• Enjoy up to 25% discount on movie ticket bookings on BookMyShow and INOX, subject to a spend-based criterion.
• Access exclusive dining deals through the ICICI Bank Culinary Treats Programme.
• The card is available in four variants: Visa, RuPay, Mastercard, and AmEx.
• The RuPay variant includes a personal accident cover of ₹2 Lakh and 24/7 concierge services.
• The card features an embedded microchip for enhanced security against counterfeiting and duplication.
• A Personal Identification Number (PIN) is required for transactions at merchant outlets but not for online transactions.
• The card can be used for online purchases across India and in select overseas stores.

Other Details

• How to Apply: The ICICI Bank Coral Credit Card can be applied for online or offline. For online application, click the "Apply Now" button and fill in details, keeping documents like a PAN Card ready. For offline application, visit the nearest ICICI Bank branch with essential documents and fill out the application form.
• CVV: The three-digit security code (Card Verification Value) is located next to the signature panel on the back of the card. It can also be checked by logging into the ICICI Bank's iMobile app or Net Banking.
• Payment Due Date: The payment due date can be found on the monthly statement, via the ICICI Bank's iMobile app, Net Banking, or by calling Customer Care at 1800 1080.
• Liability Protection: ICICI Bank provides a protection cover to its customers in case of card loss or theft, provided it is reported within a stipulated time period.
• Excess Payment: Any amount paid over the total owed on the credit card will appear on the monthly bank statement and will be deducted from future purchases.
• Terms & Conditions: Detailed Most Important Terms & Conditions (MITC) and other applicable Terms and Conditions are available for reference.