ICICI Bank Coral Forex Prepaid Card – Benefits, Fees & Eligibility

Introduction

The ICICI Bank Coral Forex Prepaid Card is an international travel solution offered by ICICI Bank, designed to make international trips convenient and rewarding. Positioned as a comprehensive forex card, it provides benefits worth ₹3,000, including an Uber voucher and lost card liability coverage, ensuring peace of mind and security for travelers. Key differentiating benefits include free travel insurance, easy reload options, and online card management.

Welcome Benefits

• Joining Benefits worth INR 5000 (as stated in the "BEST FOR" section).
• BookMyShow voucher worth ₹ 500.
• Uber voucher worth ₹ 500 on buying the Forex Prepaid Card and loading a minimum of USD 1,000.
• Card Protection plus insurance worth ₹ 1,600.
• Lost Card Liability Coverage of up to ₹ 5,00,000 in case of Card loss.
• Complimentary international SIM card offered by Visa.
• Free replacement card in case the primary card gets lost or damaged.

Fees

• Joining Fee: ₹ 499 + GST.
• Annual Fee: No annual fee for continued use of the Card.
• Other Charges: Please refer to the Most Important Terms & Conditions (MITC) for additional charges.

Rewards

• Free Travel Insurance.
• Lost Card Liability Coverage of up to ₹ 5,00,000, offering security wherever you travel.
• Complimentary international SIM card offered by Visa.
• Free replacement card in case the primary card gets lost or damaged.
• Embedded microchip for high-level security in every transaction.
• Multiple currency support.
• Wide global acceptance, ensuring smooth transactions at various merchants and ATMs.
• Competitive exchange rates.

Rewards Redemption Guide

• Uber Gift Voucher:
  • Visit the Uber-e Gift Card page.
  • Enter your e-mail ID and mobile number.
  • Apply the voucher code.
  • Place the order to receive Uber credits.
• BookMyShow Voucher:
  • On the BookMyShow website or app, choose ‘Gift Voucher’ as the payment method.
  • Enter the voucher number and proceed.
• International SIM:
  • Eligible Cardholders can avail the benefit by clicking on the link: https://visaforex.poshvine.com/.
  • Login using the Card number of their Eligible Card and other details.
  • Copy the unique code from the offer tile and click on the link to visit the e-SIM / SIM card vendor's platform.
  • On the vendor's platform, select preferred call plan details.
  • Receive an e-mail with a link to complete the KYC process by uploading necessary details.
  • After KYC is completed, an option to select an e-SIM or a physical SIM card will be available.
  • For an e-SIM, a QR code will be sent via e-mail to activate the e-SIM.
  • For a physical SIM card, Cardholders must enter their delivery address and pay a delivery charge of ₹ 100 for shipping.

Card Review

The ICICI Bank Coral Forex Prepaid Card is an excellent companion for international travels, offering a perfect blend of convenience, security, and savings. It is highly recommended for frequent travelers due to its multiple currency support, quick services, and wide global acceptance. Users appreciate its competitive exchange rates, which minimize the risk of carrying large sums of cash, and features like online card management and easy fund loading. The card ensures stress-free and enjoyable international trips, providing peace of mind with robust security features like lost card liability coverage and an embedded microchip.

Important Product Details

• Positive Highlights:
  • Benefits worth ₹3,000, including an Uber voucher and lost card liability coverage.
  • Free Travel Insurance.
  • Joining Benefits worth INR 5000.
  • Easy Reload and Online Card Management.
  • BookMyShow voucher worth ₹ 500.
  • Uber voucher worth ₹ 500.
  • Card Protection plus insurance worth ₹ 1,600.
  • Lost Card Liability Coverage of up to ₹ 5,00,000.
  • Complimentary international SIM card.
  • Free replacement card in case of loss or damage.
  • No annual fee.
  • Embedded microchip for high-level security.
  • Hassle-free documentation process.
  • Personalised service available through a Relationship Manager.
  • Supports multiple currencies.
  • Offers competitive exchange rates.
  • Widely accepted globally.
• Negative Highlights:
  • Joining fee of ₹ 499 + GST.
  • A minimum load of USD 1,000 is required to avail the Uber voucher.
  • A delivery charge of ₹ 100 applies for a physical international SIM card.

Other Details

• Application Process:
  • Existing ICICI Bank customers can log into Internet Banking to apply.
  • New customers can apply via a provided link, through the iMobile app, or by visiting any ICICI Bank Forex Branch.
• Security: The card comes with an embedded microchip for high-level security, ensuring trust in every transaction.
• Documentation: Purchase the Coral Forex Prepaid Card with minimal documentation through the iMobile app or at ICICI Bank Branches.
• Terms & Conditions: Refer to the Most Important Terms & Conditions (MITC) for comprehensive details on other charges and card usage.