InterMiles ICICI Bank Coral Credit Card – Benefits, Fees & Eligibility

InterMiles ICICI Bank Coral Credit Card

Introduction

The InterMiles ICICI Bank Coral Credit Card is a co-branded credit card issued in partnership with intermiles.com, making it an ideal choice for frequent travelers. This card offers rewards in the form of InterMiles, allowing cardholders to earn up to 7.5 InterMiles on every Rs. 100 spent. With a joining fee of Rs. 1,250 plus GST, it provides a welcome bonus of 2,500 InterMiles and travel-related vouchers worth Rs. 750. Beyond travel, the card also extends benefits to movies and dining, including complimentary airport lounge access every quarter, making it a versatile option for various lifestyle needs.

Welcome Benefits

• 2,500 bonus InterMiles on joining.
• Flight discount voucher of Rs. 250 on booking flights through www.intermiles.com.
• Hotel discount voucher of Rs. 500 on booking flights through www.intermiles.com.
• Welcome benefits are received within 45 days post joining.

Fees

• Joining Fee: Rs. 1,250 + GST
• Renewal Fee: Rs. 1,250 + GST
  • 1,250 bonus InterMiles are received every year as a renewal benefit, within 45 days after the annual fee payment.
• Rewards Redemption Fee: Rs. 99 (plus applicable taxes) per redemption request.
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates: 3.4% per month (40.8% per annum).
• Fuel Surcharge: Avail waiver of 1% fuel surcharge on the purchase of fuel up to Rs. 4,000 from HPCL pumps when swiping on ICICI Bank machines.
• Cash Advance Charges: 2.5% (subject to a minimum of Rs. 300).
• InterMile Uncapping Fee: Rs. 7,500 is levied when the annual InterMiles earning cap is reached.

Rewards

• Rewards Rate:
  • American Express Variant:
    • 3 InterMiles on every Rs. 100 spent on Domestic transactions.
    • 3 InterMiles on every Rs. 100 spent on International transactions.
    • 6 InterMiles on every Rs. 100 spent on booking revenue airline tickets at www.intermiles.com.
    • 7.5 InterMiles on every Rs. 100 spent on Etihad Airways revenue ticket booking through www.intermiles.com.
  • VISA Variant:
    • 2 InterMiles on every Rs. 100 spent on Domestic transactions.
    • 2 InterMiles on every Rs. 100 spent on International transactions.
    • 4 InterMiles on every Rs. 100 spent on booking revenue airline tickets at www.intermiles.com.
    • 5 InterMiles on every Rs. 100 spent on Etihad Airways revenue ticket booking through www.intermiles.com.
  • Specific Spends:
    • Fuel purchases do not earn InterMiles.
    • Insurance and Utilities spends earn 1 InterMile per INR 100 spent.
• Movies:
  • 25% discount up to Rs. 100 on purchasing a minimum of two movie tickets from BookMyShow.
  • This offer can be availed twice every month, potentially saving up to Rs. 2,400 annually.
• Dining:
  • Exclusive and exciting benefits on dining under the ICICI Bank Culinary Treats Program, including 15% or more discount on dining.
• Travel:
  • Complimentary domestic lounge access.
  • You get 2 complimentary access to domestic airport lounges per quarter (1 each on VISA and American Express Variant) by spending Rs. 5,000 in the previous quarter.
• International Lounge: Not applicable.
• Golf: Not applicable.
• Insurance Benefits: Not applicable.
• Lifestyle:
  • Earn accelerated InterMiles on flight and hotel bookings from www.intermiles.com.
  • You can earn up to 40,000 InterMiles every year on transactions done through this card.
  • To earn InterMiles after reaching the maximum cap, an uncapping fee of Rs. 7,500 will be charged.

Rewards Redemption Guide

• Accumulated InterMiles can be redeemed for booking flights and hotels through www.intermiles.com.
• InterMiles can also be redeemed for purchasing gift vouchers, fuel, and other options.
• For fuel purchases, 4 InterMiles are equivalent to Re. 1.
• A Rewards Redemption Fee of Rs. 99 (plus applicable taxes) is charged per redemption request.

Card Review

The InterMiles ICICI Bank Coral Credit Card is highly recommended for frequent travelers due to its generous InterMiles earning potential on travel-related spends, which can be redeemed for flights and hotels, leading to significant savings. Beyond travel, the card offers substantial benefits on entertainment, with movie discounts saving up to Rs. 2,400 annually, and dining privileges through the ICICI Bank Culinary Treats Program. If you are seeking a credit card that provides comprehensive benefits across multiple categories including travel, dining, and entertainment, the InterMiles ICICI Bank Coral Credit Card is a strong contender.

Important Product Details

• Receive 2,500 bonus InterMiles and flight & hotel discount vouchers worth Rs. 750 as welcome benefits.
• Get 1,250 bonus InterMiles every year as a renewal benefit.
• Earn up to 7.5 InterMiles on every Rs. 100 spent, especially on Etihad flight tickets booked via www.intermiles.com.
• Earn accelerated InterMiles on all flight and hotel bookings made through www.intermiles.com.
• Enjoy complimentary access to a domestic airport lounge every quarter, subject to spending Rs. 5,000 in the previous quarter.
• Benefit from a discount of up to Rs. 100 on movies via BookMyShow, twice a month.
• Access 15% or more discount on dining through the ICICI Bank Culinary Treats Program.
• Avail a 1% fuel surcharge waiver on fuel purchases at HPCL pumps when using ICICI Bank machines.
• The card has a maximum annual earning cap of 40,000 InterMiles, with an uncapping fee of Rs. 7,500 if exceeded.

Other Details

• The card is best suited for travel.
• Welcome and renewal benefits are typically received within 45 days after joining or annual fee payment, respectively.