ICICI Bank Coral Credit Card: A Review

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The ICICI Bank Coral Credit Card is an entry-level card that offers a range of benefits and features for its users.

The card comes with a low annual fee, a decent reward rate, discounts on movie tickets and dining, lounge access, and fuel surcharge waiver. The card is suitable for those who want a low-maintenance credit card to build their credit score and enjoy some perks along the way.

However, if you are looking for a high reward rate or extensive benefits across specific categories, you may want to consider other credit cards.

ICICI Bank Coral Credit Card Eligibility

This is the criteria that you need to meet to apply for and get the ICICI Bank Coral Credit Card. The eligibility criteria are as follows:

  • The primary cardholder must be above 23 years of age.
  • The supplementary cardholder must be above 18 years of age.
  • The applicant must submit their Permanent Account Number along with an identity proof and address proof.
  • The applicant must have a good credit score and a stable income source.
  • The net income as per the ITR in the case of the primary cardholder must be Rs. 5 lakh.

ICICI Bank Coral Credit Card Activation

This is the process that you need to follow to start using your credit card after receiving it. The activation process is as follows:

  • Log in to Internet Banking
  • Click on ‘Cards & Loans’
  • Click on ‘Credit Card’
  • Click on ‘Manage your card’
  • Select Credit Card Number
  • Under ‘Manage Credit Card Usage’ click on ‘Edit’
  • Enable International/Online/Tap & Pay transactions
  • Enter the OTP sent to the registered mobile number to complete the process.

Alternatively, you can also activate your credit card by calling the customer care number or visiting the nearest ICICI Bank branch.

ICICI Bank Coral Credit Card Benefits

The card offers the following benefits to its users:

  • Reward Points: You can earn 2 reward points for every Rs. 100 spent on your card (except fuel) and 1 reward point for every Rs. 100 spent on utilities and insurance categories. You can redeem your reward points for vouchers, products, and more from the ICICI Bank Rewards catalog.
  • Movie Tickets: You can avail of a 25% discount, up to Rs. 100, on a minimum purchase of two movie tickets per transaction on BookMyShow and Inox. You can avail of this offer twice a month.
  • Dining Discounts: You can save up to 15% at over 2,500 restaurants across India with the ICICI Bank Culinary Treats program.
  • Milestone Rewards: You can get 2,000 reward points on spending Rs. 2 lakh on your card and 1,000 reward points each time you cross Rs. 1 lakh spent after that in an anniversary year. The maximum reward points you can earn in an anniversary year is 10,000.
  • Annual Fee Waiver: You can get your annual fee of Rs. 500 waived off if you spend over Rs. 1.5 lakh on your card in the previous year

ICICI Bank Coral Credit Card Lounge Access

The card also offers lounge access to its users as follows:

Airport Lounge Access

You can enjoy complimentary access to select domestic airport lounges in India with your card. You can avail this benefit once every quarter, subject to spending a minimum of Rs. 35,000 in the previous quarter.

Railway Lounge Access

You can also enjoy complimentary access to select railway lounges in India with your card. You can avail of this benefit once every quarter, subject to spending a minimum of Rs. 5,000 in the previous quarter.

ICICI Bank Coral Credit Card Charges

Fee TypeAmountDetails
Joining FeeRs. 500 + GST
Annual FeeRs. 500 + GSTWaived off on spending over Rs. 1.5 lakh in the previous year
Supplementary Card FeeRs. 250 + GST
Overdue Interest3.50% per month(42% per annum)
Cash Advance Fee2.50% of amountMinimum Rs. 300
Late Payment FeeRs. 100 to Rs. 950Depending on total amount due
Over Limit Fee2.50% of over limitMinimum Rs. 500
Cheque Return FeeRs. 500 per cheque
Foreign Currency Transaction Fee3.50% of transaction value
GSTAs applicableOn all fees and charges

ICICI Bank Coral Credit Card Features

The card has the following features to offer:

Contactless Payment

The card comes with a contactless payment feature that allows you to make secure and convenient payments by tapping your card on the reader. You can use this feature for transactions up to Rs. 2,000 without entering your PIN.

Chip and PIN Security

The card has an embedded microchip and PIN (Personal Identification Number) that provide enhanced security and protection against fraud and misuse.

EMI Facility

You can convert your large purchases into easy monthly installments with the ICICI Bank Pay Later facility. You can choose from tenures ranging from 3 to 24 months and enjoy attractive interest rates and processing fees.

Balance Transfer

You can transfer the outstanding balance from other credit cards to your ICICI Bank Coral Credit Card and save on interest charges. You can also enjoy flexible repayment options and low processing fees.

Internet Banking and Mobile App

You can access and manage your credit card account online through the ICICI Bank Internet Banking portal or the iMobile app. You can check your balance, statement, transactions, reward points, and more. You can also pay your bills, request for services, and get instant alerts and notifications.

ICICI Bank Coral Credit Card limit

This is the maximum amount of credit that you can use on your card.

The credit limit is determined by the bank based on your income, credit score, and other factors. The credit limit can be increased or decreased by the bank at any time.

You can also request for a credit limit enhancement by contacting customer care or logging in to your Internet banking account.

The credit limit for the ICICI Bank Coral Credit Card against Fixed Deposit is 90% of the amount of the fixed deposit.

ICICI Bank Coral Credit Card against Fixed Deposit

This is a special type of credit card that you can get by opening a fixed deposit with ICICI Bank. You do not need to submit any income documents or have a credit history to get this card.

The card offers all the benefits of the ICICI Bank Coral Credit Card, such as reward points, entertainment benefits, lounge access, and more. The card also helps you build your credit score by making timely payments. The minimum amount of fixed deposit required to get this card is Rs. 20,000 and the minimum tenure is 180 days.

ICICI Bank Coral Credit Card fuel surcharge waiver

This is a benefit that allows you to save on the extra charge that is levied on fuel transactions at petrol pumps.

The fuel surcharge is usually 2.5% of the transaction amount.

With the ICICI Bank Coral Credit Card, you can get a fuel surcharge waiver of 2.5% on fuel transactions of maximum Rs. 4,000 per transaction at HPCL pumps, when swiped on ICICI Merchant Services swipe machines. The maximum waiver amount per month is Rs. 100.

ICICI Bank Coral Credit Card movie offers

This is a benefit that allows you to enjoy discounts on movie tickets booked online or offline.

With the ICICI Bank Coral Credit Card, you can avail of a discount of 25%, up to Rs. 100 on a minimum purchase of two movie tickets per transaction on www.bookmyshow.com and www.inoxmovies.com.

You can avail of this offer twice in a month. The offer is subject to daily ticket availability and successful booking is done on a first-come-first-serve basis. 

ICICI Bank Coral Credit Card customer care number

The customer care number for ICICI Bank Coral Credit Card is 1800 1080 for domestic customers and +91-22-33667777 for domestic customers traveling overseas.

You can also write to the Nodal Officer at the address mentioned on the official website of ICICI Bank or visit the Help Desk at any branch.

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