Rewards credit card · ICICI Bank
ICICI Bank Coral RuPay Credit Card
ICICI Bank Coral RuPay Credit Card is a rewards credit card from ICICI Bank. The value of 1 reward point for ICICI Bank Coral credit card is ₹0.25.
- Joining fee
- ₹500 + taxes
- Annual fee
- ₹500 + taxes
- Forex markup
- Up to 3.5%
- Interest
- 3.50%p.m. and 42%p.a
Rewards & cashback
- The value of 1 reward point for ICICI Bank Coral credit card is ₹0.25
- Users will earn 2 reward points on every ₹100 spent on their card (except fuel), effective cashback rate: 0.50%
- Users will earn 1 reward point on every ₹100 spent on utilities and insurance categories, effective cashback rate: 0.25%
Milestone benefits
- Users will get 2000 reward points on spending ₹2,00,000 on their card and 1000 reward points each time they cross ₹1,00,000 spending thereafter in an anniversary year, a maximum of 10,000 reward points per year
Airport lounge access
- Travel Benefits: Customers can avail 1 complimentary access, per quarter, to select airport lounges in India and one complimentary domestic railway lounge visit
Movies
- Movie Offer: Customers can also avail 25% discount, of₹100 on BookMyShow and Inox
Fees & charges
- Joining fee
- ₹500 + taxes
- Annual fee
- ₹500 + taxes
- Foreign currency markup
- Up to 3.5%
- Interest rate
- 3.50%p.m. and 42%p.a
- Late payment
- ₹100 per instance
- Cash advance
- 2.50% of the amount or ₹300, whichever is higher
- Fuel surcharge
- Surcharge waiver of 1% of transaction value on all petrol pumps on select cards
- Billing cycle
- 30 Days
- Other fees
- 2.50% of the amount or ₹300, whichever is higher
Pros and cons
What works well
- The value of 1 reward point for ICICI Bank Coral credit card is ₹0.25
- Users will earn 2 reward points on every ₹100 spent on their card (except fuel), effective cashback rate: 0.50%
- Users will earn 1 reward point on every ₹100 spent on utilities and insurance categories, effective cashback rate: 0.25%
- Users will get 2000 reward points on spending ₹2,00,000 on their card and 1000 reward points each time they cross ₹1,00,000 spending thereafter in an anniversary year, a maximum of 10,000 reward points per year
- Travel Benefits: Customers can avail 1 complimentary access, per quarter, to select airport lounges in India
- You need to spend ₹75,000 in the preceding calendar quarter to unlock complimentary access for the subsequent calendar quarter
Worth knowing
- Basic rewards: Compared to other cards, the 2x point rate is relatively low
- Limited lounge access: Only one visit per quarter might not be sufficient for frequent travellers
- Movie benefit restrictions: Applicable only twice a month with limited ticket value
Who can apply
- Age:
- Primary cardholder: Must be above 21 years old
- Supplementary cardholder: Must be above 18 years old (some variants might have a higher minimum age) Nationality:
- Must be an Indian citizen Occupation:
- Salaried, self-employed, or professional Minimum Income:
- This varies depending on your location and card variant
How to apply
- Eligibility: You must be at least 18 years old with a regular source of income and meet the bank's minimum credit score requirements
- Apply online: Visit the ICICI Bank website (https://www.icicibank.com/personal-banking/cards/credit-card/coral-card) and fill in the application form
- Documents required:Proof of identity (PAN card, Aadhaar card, etc.)
- Proof of address (driving license, utility bills, etc.)
- Income proof (salary slips, ITR documents, etc.)
- Processing & approval: The bank will process your application and check your credit score
- You will be notified of the decision within a few days
- Card delivery: Once approved, your card will be delivered to your registered address within 7-10 business days
More ICICI credit cards
Details come from information published by ICICI Bank and may change. Confirm current fees, benefits and eligibility with the bank before applying. Some links are partner links; MyRupaya may earn a commission at no extra cost to you.
