ICICI Bank Coral Plus Debit Card – Benefits, Fees & Eligibility

Introduction

The ICICI Coral Plus Debit Card, issued by ICICI Bank, is positioned as a premium and high-end debit card designed to offer a world of privileges. Its top differentiating benefits include complimentary domestic airport lounge access, exclusive offers on movie tickets via BookMyShow and INOX, and a robust reward points program for both domestic and international spending, coupled with high transaction limits.

Fees

• Monthly Fee: ₹249 + GST
• Reissuance Fee: ₹300 + GST (Note: An FAQ mentions ₹200 + GST for reissuing the debit card.)
• Online Shopping Charges: No extra cost for using the card for online shopping.

Rewards

• Complimentary Airport Lounge Access: Get 2 complimentary domestic airport lounge accesses per quarter, subject to a minimum spend of ₹10,000 in the previous quarter.
• Movie Offers:
  • BookMyShow: Get 25% off up to ₹100 on the purchase of two movie tickets.
  • INOX: Get 25% off up to ₹50 on the purchase of two movie tickets at INOX multiplexes.
• Reward Points:
  • Earn 4 reward points on every ₹200 spent on international transactions.
  • Earn 2 reward points on every ₹200 spent on domestic transactions.
• Higher Limits: Enjoy higher withdrawal and transaction limits compared to standard cards.
• Tap and Pay: Facilitates PIN-free contactless debit card transactions at supported terminals using an Android phone.

Rewards Redemption Guide

• Reward points can be redeemed for a variety of categories including Health and Beauty, Travel and Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion and Lifestyle.
• Reward points must be used within three years from the date of issuance, as they have an expiration date.

Card Review

The ICICI Coral Plus Debit Card is ideal for individuals seeking a premium banking experience with enhanced benefits across entertainment, travel, e-commerce, and daily spending. It offers significant value through its complimentary domestic lounge access (spend-based), attractive movie discounts, and a rewarding points system, especially for international transactions. While it carries a monthly fee and a reissuance fee, its high transaction limits and contactless payment feature add to its convenience. Users who frequently travel domestically and enjoy entertainment benefits, and who can meet the spend criteria for lounge access, will find this card particularly beneficial.

Important Product Details

• Positive Highlights:
  • Complimentary domestic airport lounge access (2 per quarter, spend-based).
  • Attractive discounts on movie tickets via BookMyShow and INOX.
  • Generous reward points program (4x on international, 2x on domestic spends).
  • High daily ATM withdrawal and online transaction limits.
  • Contactless "Tap and Pay" functionality for quick transactions.
  • Wide range of redemption options for reward points.
• Negative Highlights:
  • A monthly fee of ₹249 + GST applies.
  • A reissuance fee of ₹300 + GST is charged.
  • Complimentary lounge access is conditional on meeting a minimum spend threshold in the previous quarter.
  • Reward points have an expiration period of three years.

Other Details

• Daily Spends Limit:
  • ATM Withdrawal:
    • Domestic: ₹1,50,000
    • International: ₹1,50,000
  • Online Transactions:
    • Domestic: ₹5,00,000
    • International: ₹2,00,000
• Contactless Payments Activation: Can be activated through the iMobile app or the bank's Net Banking portal.
• Application Process: Applications can be submitted via the ICICI Bank website, at the nearest ICICI Bank branch, through customer care, or by upgrading the card under the gemstone category via the iMobile app.
• Terms & Conditions: Applicable Terms & Conditions are available for review.