ICICI Bank Coral Credit Card

ICICI Bank Coral Credit Card


Joining Fee: Rs 500+GST
Annual Fee: Rs 500+GST




0.25% to 0.75%



Payment Network

Visa, Mastercard, Rupay, American Express


Milestone Rewards, Domestic Airport Lounge Access, Railway Lounge Access, Fuel Surcharge Waiver

The Gemstone collection from ICICI Bank includes five credit cards: Coral, Rubyx, Sapphiro, Emeralde and Diamant. The Coral card is the entry-level card, while the Diamant card (invite only) is the highest level. The ICICI Bank Coral credit card has a joining fee and annual fee of Rs 500+GST, but is usually issued lifetime free. You can expect a return of between 0.25 and 0.5% on your purchases. Among the benefits of the ICICI Bank Coral credit card are complimentary access to railway and airport lounges and a waiver of fuel surcharges.


ICICI Bank Coral Credit Card is issued LTF in most cases for existing ICICI Bank savings account customers. If you are an ICICI Bank customer, check the ‘Cards & Forex’ section of iMobile app to check if you have a pre-approved offer for Lifetime Free Coral Rupay credit card.

LTF IndusInd Bank Credit Cards
Joining FeeRs 500+GST / Zero
Annual FeeRs 500+GST / Zero
Annual Fee WaiverRs 1.5 Lakh Spend
ICICI Bank Coral Credit Card Review: Fees and Charges


With the exception of Amazon Pay ICICI Bank credit card, most ICICI Bank credit cards have one of the lowest reward rates when compared with other issuers. The USP has always been their merchant offers. Be it a sale on Amazon or Flipkart, you will always see ICICI Bank credit cards offering 10% instant discount. The same goes for offline offers too, we get some of the best EMI and discount offers.

Type of SpendRewardsReturn
Domestic Spends2 RP/Rs 1000.5%
Utilities and Insurance Spends1 RP/Rs 1000.25%
Fuel SpendsNo RewardsNIL
ICICI Bank Coral Credit Card Review: Rewards

Milestone Rewards

  • 2000 RP on spending Rs 2 Lakh in a membership year ~0.25% return
  • 1000 RP on every Rs 1 Lakh spend after crossing Rs 2 Lakh milestone above ~0.25% return
  • Maximum 10000 bonus RP can be earned in a year

Including the milestone rewards, the maximum return on the ICICI Bank Coral credit card will be 0.75%.

Rewards Redemption

ICICI Bank Rewards Redemption Portal

ICICI Bank has now stopped with Payback reward points and switched to its own system. Now, we get ‘ICICI Bank Reward Points’. The value of each reward point stays at 25 paise. We get multiple categories for redeeming the reward points.

LTF IDFC First Bank Credit Cards
  • Fashion and Lifestyle catalog
  • Electronics products
  • Travel and Luggage catalog
  • E-Vouchers
  • Home and Kitchen products

Given the reward value, e-vouchers are the only good choice. Tanishq, Kalyan Jewellers, Jockey, Marriott and Croma are some of the good options in e-vouchers. We also have e-commerce GVs like Amazon, Flipkart, and Tata CliQ.

ICICI Bank Rewards Redemption Portal 2

Complimentary Airport Lounge Access

Complimentary Railway Lounge Access

  • Railway Lounge Access: 1 complimentary visit per calendar quarter

The access is valid only for the primary cardholder. At the moment, only below railway lounges can be access with ICICI Bank Coral credit card.

  1. Delhi – Executive Railway Lounge
  2. Agra – Executive Railway Lounge
  3. Jaipur – Executive Railway Lounge
  4. Ahmedabad – Executive Railway Lounge
  5. Madurai – Executive Railway Lounge
  6. Kolkata (Sealdah) – Executive Railway Lounge

BookMyShow and Inox Offer

ICICI Bank Coral Credit Card Movie Offer on BookMyShow and INOX
  • Book My Show: 25% discount up to Rs 100 on purchase of minimum 2 movie tickets per transaction on BookMyShow and Inox.
  • The offer can be availed twice a month on each BookMyShow and Inox.

Other Key Benefits and Charges

  • Foreign Currency Transactions Markup: 3.5%+GST ~4.13%
  • Rent Pay Transactions Fee: 1%+GST ~1.18%
  • Reward Redemption Fee: Rs 99+GST ~Rs 117
  • Fuel Surcharge Waiver: 1% waiver for transactions from Rs 400 to Rs 4000. This is only available on fuel purchases at HPCL petrol pumps when the card is swiped on the ICICI Merchant Services swipe machine.
  • Interest Rates: 3.4% monthly or 40.8% annually

Final Thoughts

ICICI Bank is one of the top 3 credit card issuers in India. One may find it surprising considering the rewards on ICICI Bank credit cards in comparison to other issuers like SBI Card or HDFC Bank. But, ICICI Bank has always been good in merchant offers with e-commerce and offline players. This is what makes it worthwhile to hold ICICI Bank Coral credit card especially if you get it as Lifetime Free.

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The other advantage of taking the Coral is you can now use it for UPI spends with Rupay variant. We will get 0.5% benefit on UPI spends which is still decent. Spending Rs 5000 in a calendar quarter with Rupay on UPI is also relatively easier. This will also get you complimentary domestic airport lounge visits.

Frequently Asked Questions

ICICI Bank Coral Credit Card

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