ICICI Bank Coral Debit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Coral Debit Card is a mid-range offering from ICICI Bank, designed for individuals seeking a blend of entertainment and convenience benefits. Its key differentiating features include spend-based complimentary domestic airport lounge access, attractive movie offers on BookMyShow and INOX, and a rewarding points system, complemented by emergency assistance services.

Fees

• Joining Fee: ₹699 + GST
• Annual Fee: ₹699 + GST
• Reissuance Fee: ₹300 + GST

Rewards

• Movies & Entertainment
  • Get 25% off up to ₹100 on the purchase of two tickets through BookMyShow.
  • Buy two tickets at 25% off up to ₹50 at INOX Movie multiplexes.
• Travel
  • Domestic Lounge Access: Get up to 2 complimentary Domestic Airport Lounge accesses per quarter.
    • This benefit is based on spends of ₹10,000 in the previous quarter.
    • The benefit is exclusively applicable to the primary Cardholder.
• Reward Points
  • Earn 4 reward points on every ₹200 spent on International transactions.
  • Earn 2 reward points on every ₹200 spent on Domestic transactions.
• Fuel Surcharge Waiver
  • Enjoy zero fuel surcharge on transactions done on ICICI Bank swipe machines at selected Government fuel outlets (HPCL/IOCL/BPCL).
• Lifestyle & Convenience
  • Emergency Assistance: Complimentary Wallet protection and Emergency Assistance services are provided by CPP.
  • Contactless Payments: Utilize Tap and Pay functionality with your Android phone for PIN-free debit card transactions at supported contactless terminals, leveraging payWave technology.

Rewards Redemption Guide

• Reward points can be redeemed for a variety of categories including:
  • Health & Beauty
  • Travel & Luggage
  • Shopping Vouchers
  • Home Appliances
  • Electronics
  • Fashion & Lifestyle

Card Eligibility Criteria

• You can obtain an ICICI Bank Coral Debit Card by opening a Savings Account or Current Account with ICICI Bank.

Card Review

The ICICI Bank Coral Debit Card is well-suited for individuals who frequently travel domestically and enjoy movie outings, provided they can meet the spend criteria for lounge access. Its key advantages include complimentary domestic lounge access, significant movie discounts, and a decent reward points structure, especially for international spends. The added benefits of zero fuel surcharge and emergency assistance enhance its value. However, users should be mindful of the joining and annual fees, as well as the reissuance fee. Overall, it offers good value for those who can maximize its entertainment and travel perks through regular usage.

Important Product Details

• Positive Highlights
  • Complimentary domestic airport lounge access (up to 2 visits per quarter) based on ₹10,000 spend in the previous quarter.
  • Attractive discounts on movie tickets at BookMyShow (25% off up to ₹100) and INOX (25% off up to ₹50).
  • Higher reward points for international spends (4 points per ₹200).
  • Zero fuel surcharge at selected Government fuel outlets.
  • Complimentary wallet protection and emergency assistance services.
  • Contactless payment facility (Tap and Pay/payWave).
  • High daily ATM withdrawal limits: Domestic ₹1,00,000, International ₹2,00,000.
  • High daily transactional limits: Domestic ₹5,00,000, International ₹2,00,000.
• Negative Highlights
  • Joining fee of ₹699 + GST.
  • Annual fee of ₹699 + GST.
  • Reissuance fee of ₹300 + GST.
  • Lounge access is conditional on meeting a minimum spend of ₹10,000 in the previous quarter.

Other Details

• Debit Card payments do not impact your credit score.
• Joining fees are applicable for the first year, and annual fees commence from the second year onwards.
• All benefits and features are subject to applicable Terms & Conditions.
• A customer testimonial highlights the card's ease of activation and use for both online and in-person transactions.