ICICI Bank Coral Credit Card – Review, Details, Offers, Benefits, Fees, How To Apply

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ICICI Bank Coral Credit Card – gives extra rewards, get free movie tickets, discounts on dining and more. 

 

ICICI Bank Coral Credit Card Benefits

  • One complimentary domestic airport lounge visit per quarter.
  • Get the all new feature of one complimentary domestic railway lounge visit per quarter.
  • 2 complimentary movie tickets every month under the Buy One Get One free offer through www.bookmyshow.com. Buy 1 ticket and get the other ticket free any day of the week (Max benefit Rs 250 per ticket)
  • Buy 1 ticket and get the other ticket free on booking tickets (Inox Movies)
  • Fuel Surcharge Waiver – 1% fuel surcharge waived off on fuel transactions at HPCL pumps. (The offer is valid on a maximum spend of ₹ 4000 per transaction at all HPCL pumps)
  • Minimum 15% savings on dining bills at over 2,500+ restaurants across India through Culinary Treats Programme
  • VISA Privileges: Live the good life wherever you are, in India or abroad, with amazing offers from VISA. Wine, dine and unwind with great offers from luxury hotels, restaurants, lifestyle stores, spas and more.
  • MasterCard Privileges:  Mastercard Moments is an exclusive programme specially created for Mastercard cardholders and offer wide range of special offers.

Rewards Collection

  • ICICI Bank Coral Mastercard Credit Card
    • All Spends (except fuel) –  2 PAYBACK Points per Rs 100 spend
    • Utilities and Insurance Spend –  1 PAYBACK Points per Rs 100 spend
  • Additional PAYBACK points –
    • Get 2,000 PAYBACK Points on spending Rs. 2,00,000 on your card and
    • 1,000 PAYBACK Points each time you cross Rs. 1,00,000 spend thereafter in an anniversary year;
    • maximum of 10,000 PAYBACK Points per year.
  • You DONOT get any points for Fuel spends (unlike Sapphiro Card)
  • You not only earn PAYBACK Points when you use your ICICI Bank Credit Card, but also earn additional points from PAYBACK Partner Brands for the same purchase.

Rewards Redemption

  • Each PAYBACK Points is equivalent to Rs. 0.25
  • So effectively: you get 0.5% cashback on normal purchases and additional 0.25% cashback on hitting annual spend

 

ICICI Bank Coral Credit Card – Fees

  • Joining Fees: Rs 500 + GST
  • Annual Fees : Rs 500  (waived off if annual spend in last year is Rs 1.50 lakhs)

 

How to Apply – You can apply online   See details

Documents needed: 

  • Minimum Income:  Rs 5 lakhs
  • Proof of ID and Address
  • Last 2 salary slips

 

Summary

This is a low fee credit card and is beneficial if you spend low (10k-15k per month). Given that it is offering reward points worth 0.5%,  it is not the best available credit card in the market. You can find other cards which offer better benefits.

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