ICICI Bank Coral Credit Card | Credit Cards

Name: ICICI Bank Coral Credit Card
Brand: ICICI
Price: 500 INR
Availability: InStock
Rating: 3 (1 reviews)

Overview

The ICICI Bank Coral Credit Card sits at the entry level of ICICI’s credit card range. At ₹500 joining fee and ₹500 annual fee (both plus GST), it is among the most affordable cards in the bank’s lineup. The annual fee gets waived when you spend ₹1.5 lakh in a year, a threshold most regular users can reach with routine monthly spending of about ₹12,500.Reward points accumulate at 2 per ₹100 on retail transactions and 1 per ₹100 on utilities and insurance. Fuel transactions earn nothing. The iShop portal multiplies earnings to 6x or 12x at select merchants, pushing effective returns above the base rate. Milestone rewards add 2,000 points at ₹2 lakh annual spend, with 1,000 bonus points for each additional ₹1 lakh up to a 10,000-point annual cap.Airport lounge access is limited to 1 domestic visit per quarter, contingent on spending ₹75,000 in the previous quarter. Railway lounges allow 1 visit per quarter with no spend condition. BookMyShow and INOX discounts of 25% (up to ₹100) on 2 tickets apply twice monthly. The fuel surcharge waiver of 1% applies only at HPCL pumps for transactions between ₹400 and ₹4,000, more restrictive than higher-tier cards that cover all fuel outlets.This card works well for salaried individuals earning ₹20,000+ per month who want a basic credit card with some travel and entertainment perks. If you spend regularly enough to hit the ₹1.5 lakh waiver threshold, the card essentially costs nothing after the first year. For heavier spenders or those wanting unconditional lounge access and better rewards, stepping up to the ICICI Bank Rubyx at ₹3,000 joining fee brings significantly better value per rupee spent.

Pros

↑₹500 joining and annual fees are among the lowest for any card with airport lounge access, making it accessible for first-time cardholders
↑Milestone rewards start at just ₹2 lakh annual spend (2,000 points), a lower threshold than most cards that typically require ₹3 lakh or more
↑BookMyShow and INOX 25% off twice monthly gives regular movie-goers consistent savings on entertainment, a benefit rare at this fee level

Cons

↓Airport lounge access requires ₹75,000 quarterly spend and is capped at 1 visit per quarter, while several entry-level competitor cards offer unconditional access
↓Fuel surcharge waiver only applies at HPCL pumps, unlike higher-tier ICICI cards and many competitor cards that cover all fuel stations
↓No welcome vouchers or joining bonus, unlike the Rubyx which provides ₹5,000+ in vouchers to offset the joining fee from day one

Key Highlights

Welcome Offer
No active welcome offer
No welcome vouchers or joining benefits
Coral is an entry-level card without onboarding perks
Consider Rubyx for ₹5,000+ in welcome vouchers

Reward Rate
2 points per ₹100 retail
Retail: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
No points on fuel transactions
6x to 12x on iShop purchases

Minimum Salary
₹20,000/month (salaried)
Salaried: ₹20,000/month
Self-employed: ₹2,40,000/year
Age: 21 to 65 years
Indian citizen

Joining Fee
₹500 + GST
Joining fee: ₹500
Plus 18% GST
No welcome vouchers to offset the cost

Annual Fee
₹500 + GST (waived on ₹1.5L spend)
Annual fee: ₹500
Plus 18% GST
Waived if annual spend exceeds ₹1.5 lakh

Why Choose?
Movie discounts and lounge access at ₹500
BookMyShow and INOX: 25% off (up to ₹100) twice monthly
1 domestic airport lounge visit/quarter (requires ₹75K spend)
4 railway lounge visits/year
1% fuel surcharge waiver at HPCL
₹2L personal accident insurance (RuPay)

Key Benefits

Dining

★2.5

▼

BookMyShow and INOX: 25% off up to ₹100
Minimum 2 tickets per booking
Available twice per month
Dual-variant cardholders get one offer per variant

Fuel

★3.0

▼

1% surcharge waiver on ₹400 to ₹4,000 transactions
Only at HPCL fuel stations with ICICI Bank swipe machines
Primary and supplementary cardholders eligible
No reward points on fuel

Lifestyle

★2.0

▼

BookMyShow and INOX: 25% off on 2+ tickets, twice monthly
24x7 concierge service (RuPay variant only, toll-free 18002670731)
No golf rounds (available on higher-tier Rubyx and above)

Milestone

★3.5

▼

2,000 reward points on ₹2 lakh annual spend
1,000 points per additional ₹1 lakh
Maximum 10,000 reward points per anniversary year
₹1.5L spend triggers annual fee waiver

Reward Points

★2.5

▼

Retail: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
6x to 12x points on iShop purchases
Redeem via ICICI Bank Rewards portal

Shopping

★2.5

▼

6x to 12x reward points on iShop portal at select merchants
2 reward points per ₹100 on domestic retail purchases
No special welcome shopping vouchers

Merchant Offers

▼

6x to 12x reward points on iShop
BookMyShow and INOX movie ticket discounts

Travel

★2.5

▼

1 domestic airport lounge visit per quarter (conditional on ₹75K quarterly spend)
No international lounge access
₹2 lakh personal accident insurance (RuPay variant only)
24x7 concierge for bookings (RuPay variant only)

Airport Lounge Access

▼

1 domestic visit per quarter (requires ₹75,000 spend in prior quarter)
Primary cardholder only
No international lounge access

Railway

▼

1 visit per quarter (4 per year)
No spend condition
Primary cardholder only
Extra visits charged at lounge provider rates

Liability Protection

▼

Counterfeit card liability protection
Account takeover cover

Insurance

▼

₹2 lakh personal accident insurance (RuPay variant only)
Primary cardholder only
No air accident or travel insurance

Emi

▼

EMI conversion on purchases above ₹2,500

Detailed Information

Joining Fee	₹500 + GST
Annual Fee	₹500 + GST
Annual Fee Waiver	Waived on ₹1.5L annual spend
Monthly Percentage Rate	3.75%
Annual Percentage Rate	45%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	₹100 to ₹1,300 based on outstanding
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	2% of transferred amount (min ₹250)
Fee For Supplementary Card	No fee
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-65 years
Age Requirement Self Employed	21-65 years
Minimum Annual Income Salaried	₹2.4 lakh (₹20,000/month)
Minimum Annual Income Self Employed	₹2.4 lakh/year
Minimum Credit Score	750+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The joining fee is ₹500 plus 18% GST. There are no welcome vouchers or joining benefits to offset this cost, unlike higher-tier ICICI cards such as the Rubyx.

The annual fee of ₹500 plus GST gets waived when your total spending in the year crosses ₹1.5 lakh. That works out to roughly ₹12,500 per month in regular purchases.

Apply through the ICICI Bank website or iMobile app. The process is fully digital with no physical documents to submit. You need a PAN card, Aadhaar, and income proof (salary slips for salaried, ITR for self-employed). Existing ICICI Bank customers may find a pre-approved Coral offer directly in iMobile or internet banking.

Salaried applicants need a minimum monthly income of ₹20,000 (₹2.4 lakh per year). Self-employed applicants require an annual income of ₹2,40,000. You must be an Indian citizen aged 21 to 65 years. A credit score of 750 or higher is typically expected.

The Coral is available on Visa and RuPay networks. The RuPay version carries an extra ₹2 lakh personal accident insurance cover and 24x7 concierge service that the Visa version does not include. Reward points, lounge access, movie discounts, and all other benefits stay the same across both networks.

Retail purchases earn 2 points per ₹100, and utilities or insurance payments earn 1 point per ₹100. Fuel transactions do not earn points. The iShop portal multiplies earnings to 6x or 12x at select merchants.

Fuel transactions earn zero points. Cash advances, EMI conversions, balance transfers, fee payments (joining, annual, GST), and penalty charges (interest, late fees) are also excluded. Utility and insurance payments earn at a reduced rate of 1 point per ₹100 instead of the standard 2 points on retail spend.

You earn 2,000 reward points when annual spending reaches ₹2 lakh. For every additional ₹1 lakh spent, you receive 1,000 more points, up to a maximum of 10,000 points per anniversary year. The ₹1.5 lakh milestone separately triggers an annual fee waiver.

Points can be redeemed through the ICICI Bank Rewards portal for shopping vouchers, electronics, home appliances, fashion, health and beauty, and travel. You can also redeem through the iMobile app or internet banking. Redemption categories and point values vary by product.

You need to spend ₹75,000 in a calendar quarter to unlock 1 domestic airport lounge visit in the following quarter. This gives a maximum of 4 airport lounge visits per year if you meet the spend threshold every quarter. There is no international lounge access with this card. The benefit applies to the primary cardholder only.

You get 1 complimentary railway lounge visit per quarter (4 per year) with no spend condition. Simply present your ICICI Bank Coral Credit Card at participating railway lounges. Extra visits beyond the complimentary limit are charged at rates set by the lounge provider.

You get 25% off (up to ₹100) on movie tickets when you book a minimum of 2 tickets on BookMyShow or INOX. This offer is available twice a month on each platform. Dual-variant cardholders (Visa + RuPay) receive the offer once per variant.

A 1% fuel surcharge waiver applies on transactions between ₹400 and ₹4,000 at HPCL fuel stations only, when the transaction is processed on an ICICI Bank Merchant Services swipe machine. This benefit covers both primary and supplementary cardholders. Unlike higher-tier ICICI cards, the Coral does not offer fuel surcharge waiver at all fuel outlets.

The RuPay variant includes ₹2 lakh personal accident insurance cover for the primary cardholder. The Visa variant does not include this benefit. There is no air accident insurance, lost baggage cover, or trip cancellation protection on any variant of the Coral card.

Any purchase above ₹2,500 can be converted to EMI through the iMobile app or internet banking. Tenure options and interest rates depend on the transaction amount and your account standing. EMI conversions do not earn reward points.

Supplementary (Plus) cards are available at no additional annual fee. Add-on cardholders earn reward points at the same rate as the primary card and share the fuel surcharge waiver benefit. All points from supplementary card transactions accumulate in the primary cardholder's account.

The Visa variant works at any Visa-accepting merchant worldwide. International transactions earn 2 reward points per ₹100, the same rate as domestic retail purchases. A 3.5% foreign currency markup applies on all international transactions. There is no international airport lounge access with this card.

The foreign currency markup is 3.5% on all international transactions. This is the standard rate across most ICICI credit cards. If international spending is a priority, dedicated travel cards or forex cards typically charge 1.5% to 2%.

The finance charge is 3.75% per month, which works out to 45% per year. This applies to any outstanding balance carried past the payment due date. Paying the full statement balance by the due date each month avoids interest charges entirely.

The minimum payment is 5% of the total outstanding balance or ₹200, whichever is higher. Paying only the minimum avoids late payment fees but triggers the 3.75% monthly finance charge on the remaining balance.

Late fees range from ₹100 to ₹1,300 depending on your total outstanding amount. These apply when you do not pay at least the minimum amount by the statement due date.

Cash advances carry a fee of 2.5% of the withdrawn amount (minimum ₹500). Interest of 3.75% per month starts from the date of withdrawal with no interest-free period. This makes ATM cash withdrawal one of the most expensive ways to use a credit card.

An overlimit charge of 2.5% applies on the amount exceeding your approved credit limit. Transactions beyond the limit may also be declined depending on your payment history and account standing.

At ₹30,000 monthly spend (₹3.6 lakh per year), you earn roughly 7,200 base reward points plus 3,600 milestone points (2,000 on ₹2L + 1,000 at ₹3L + 600 proportional), totalling around 10,800 points annually. The ₹1.5 lakh threshold for annual fee waiver is cleared easily, so the card costs nothing after year one. You also unlock airport lounge access since ₹30,000 monthly exceeds the ₹75,000 quarterly threshold during most quarters. At this spend level, the Coral delivers solid value for a card with no effective annual fee. Spending much above ₹50,000 per month, consider upgrading to the Rubyx for better rewards and more lounge visits.

Call the ICICI Bank credit card helpline at 1800 1080 (toll-free). For concierge services on the RuPay variant, dial 18002670731 (toll-free). You can also manage your card, raise disputes, and track rewards through the iMobile app or ICICI Bank internet banking.