ICICI Bank Coral Credit Card is a modern technology credit card. This credit card is better from the security point of view as this card has contactless technology, in which payment can be made by showing the card on the machine instead of swiping the card. This card also offers many lifestyle-related offers and rewards programs.
This Coral Credit Card designed by ICICI Bank is an excellent card where the customer demands a lot of benefits and services in one credit card. For customers wanting a lot more, this provides many great deals and reward points for shopping easily.
This kind of card facilitates reducing their everyday spending and indulging in myriad benefits associated with travel, shopping, entertainment, and lifestyle. If you use ICICI Bank Coral Credit Card, then you can manage your financial needs effectively and take advantage of better offers.
Let us discuss in detail about ICICI Bank Coral Credit Card in this article and get more information about its benefits and features. Therefore, read this article till the end, so that you do not face any problems later.
What is the ICICI Coral Credit Card?
ICICI Bank has introduced ICICI Bank Coral Credit Card, a unique credit card for its customers. This card is ideal for customers who want to enjoy various benefits for daily shopping, travel, entertainment, and lifestyle.
Customers can earn reward points on every spend using this card, which can be redeemed later. Apart from this, this card offers many features like movie tickets, airport lounge access during travel, etc. ICICI Bank Coral Credit Card provides easy and convenient service to customers, which reduces their expenses and gives many additional benefits.
How is the design of the ICICI Coral Credit Card?
The ICICI Coral Credit Card, with its vibrant and elegant design, unites beauty with functionality. The striking red or coral color scheme boldly makes the card stand out. It has a smooth matte finish that gives it a rather posh feel while the likelihood of fingerprints and smudges is minimized.
The design has a clean and organized look, with the ICICI Bank logo well-protruding; other important information such as the name of the cardholder, number, and date of expiry is also embossed to enhance the legibility. It has the latest security features such as an embedded chip and magnetic stripe for safe transactions. Wave patterns or gradients have been used for the interior design to add more elegance to the display without overpowering the simplicity of the design.
What are the benefits of the ICICI Coral Credit Card?
Here are some of the key benefits:
- Reward Points: You earn points every time you use the card. For every ₹100 spent on retail purchases (except fuel), you earn 2 reward points. These points can be redeemed for gifts, and vouchers, or used for shopping.
- Dining Discounts: You can enjoy up to 15% savings on your dining bills at partner restaurants across India. This makes dining out more affordable.
- Movie Benefits: You get 2 free movie tickets each month through BookMyShow. This is a great perk for movie lovers and can save you a lot of money.
- Airport Lounge Access: The card offers complimentary access to airport lounges in India. This is perfect for frequent travelers who want to relax comfortably before their flights.
- Fuel Surcharge Waiver: There is a fuel surcharge waiver at any petrol station across India for purchases made between ₹400 and ₹4,000. This means saving on the costs of fuel.
- Contactless Payments: It can be used as a contactless payment device which allows one to make quick payments through tapping your card on machines accepting such devices.
- One benefit is the various exclusive offers offered by ICICI Bank in tie-up with other companies for its Coral Credit Card, such as providing offers on the shopping, traveling, and lifestyle categories.
What are the fees for the ICICI Coral Credit Card?
Here is a simple breakup of the ICICI Coral Credit Card fees.
Joining Fee | ₹4,99 + GST (one-time fee when you get the card). |
Annual Fee | ₹4,99 = GST per year. This will be waived if you spend ₹1,30,000 or more in a year. |
Add-on Card Fee | No charges for additional cards for family members. |
Finance Charges | 3.40% per month (40% annually) on the outstanding balance if you don’t pay your bill in full. |
Cash Advance Fee | 2.5% of the amount withdrawn or ₹500, whichever is higher. |
Late Payment Fee | For Statement Balance Nil for amounts less than Rs. 100. Between 100 and 500 rupees: Rs. 100. Rs. 500 for amounts ranging from Rs. 501 to Rs. 5,000.Rs. 750 for amounts ranging from Rs. 5,001 to Rs. 10,000. 900 for amounts ranging from Rs. 10,000 to Rs. 25,000.Rs. 1,000 for amounts ranging from Rs. 25,001 to Rs. 50,000.Rs. 1,200 for amounts greater than Rs. 50,000. |
What are the criteria for getting an ICICI Coral Credit Card?
The following are the primary requirements:
- To apply for the ICICI Coral Credit Card, you must be between 18 and 70 years old. This way, applicants will either be young enough to begin building a credit history or mature enough to have an established financial background.
- The income requirement differs according to your employment status:
- Self-Employed Professionals: A minimum Annual income of Rs.1 lakhs usually does the job.
- A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.
- Your credit score plays a role in the selection process. It is a tendency for ICICI Bank to favor borrowers with a better credit score usually above 750. A better credit score generally indicates that the person has an excellent history in managing his finances and is quite reliable as a borrower.
- You must be an Indian resident and have valid address proof within the country. In case you are applying from outside India, then you would not be considered eligible for this card unless you are an NRI and fall into other criteria that are required for this type of card.
- A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.
- A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.
What documents are required to get an ICICI Coral Credit Card?
The documents that you will have to submit to get an ICICI Coral Credit Card are as below:
Identity Proof | Aadhaar card, Passport, Voter ID, Driving license, PAN card |
Address Proof | Salary slip for the last 3 months if you are a salaried employee bank statement for the last 3 monthsITR for self-employed persons |
Income Proof | Salary slip for the last 3 months if you are a salaried employee bank statement for the last 3 months for self-employed persons |
Photograph | The latest passport-sized photograph |
Where can the ICICI Coral Credit Card be used?
Here is the list of places where you can use it:
- With the ICICI Coral Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.
- You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.
- You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.
- You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.
- You can use your credit card to pay electricity and water bills, mobile bills, and internet services.
- You can use your ICICI Coral Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).
- The ICICI Coral Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.
What is the credit limit of the ICICI Coral Credit Card?
The credit amount you can spend is what you are provided with an ICICI Coral Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.
For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.
The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another or even more, considering his/her profile and financial background.
It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit then penalties get added, and your credit score also goes down.
How do you apply for an ICICI Coral Credit Card?
Apply it through both these modes:
Online Application Process:
- Visit the official website of the ICICI Bank, i.e.
- Go to ‘Cards’, followed by ‘Credit Cards’.
- On that page, you can see numerous options for credit cards issued by ICICI Bank; for instance, you can choose the ICICI Coral Credit Card.
- Just hover your cursor on the ICICI Coral Credit Card, followed by selecting ‘Apply Now’ from there.
- You will be asked to fill out your details including your name, contact information, income details, and employment status.
- Be accurate and updated with the information provided.
- You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.
- After filling out the details and uploading the documents, review your application to make sure everything is correct.
- Apply online through the application form.
- The bank will check your application after submitting it. They can ask for extra documents or information if required.
- You will be informed about the status of your application, and if approved, your card will be delivered to you.
Offline Application Process:
- You can walk into the nearest ICICI Bank branch to apply for the Credit Card.
- Request for the credit card application form of the Credit Card. They will provide you with the form and proceed accordingly.
- Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.
- Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and photograph.
- Your application will be processed, and your information will be cross-checked at the bank level.
- In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.
- You will receive the Credit Card by post at the same postal address.
- Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the ICICI Bank Card website, or mobile app or by calling their customer service.
- You must set your PIN (Personal Identification Number) for security purposes before you can start using your credit card.
Would getting an Credit Card in 2025 be right?
Yes, getting an Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility.
ICICI Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.
Conclusion
Overall, the ICICI Bank Coral Credit Card is a good choice for customers who want to simplify their daily expenses and also get many benefits and rewards. This card is better for those who value financial security and convenience and want to get more return on their spending.
With this card, you can get cashback and rewards while shopping and traveling, as well as take advantage of additional features like insurance coverage and fuel surcharge waiver. Credit Card is a tool to improve your lifestyle, allowing you to control your expenses wisely.
Credit Card is a good choice if you want to get the most benefits and protection. Looking at the features and benefits, this card is a good credit card that can make your financial life easier. To get more information watch youtube videos.
Frequently Asked Questions (FAQ’s)
Ans: To be eligible for this Credit card, you must be an Indian citizen and your age falls between 21 to 65 years; you have a CIBIL good score. Another criterion is a stable income source.
Ans: The joining fee for this card is ₹499 + GST. However, if you spend Rs 1.5 lakh in a year through this card, then your annual fees are waived.
Ans: There are many benefits you get on this card like My Cash Points, Welcome Gift, Fuel Surcharge Waiver, Visa and Railway Lounge Access, Special Discounts on Hotel and Movie Bookings, and Cashback on Dining at Restaurants.
Ans: You can use this card for bill payments, online shopping, movie ticket booking, restaurants, petrol pumps, and many other places.
Ans: Yes, there is an annual fee on Credit Card, but if you spend Rs 1.5 lakh in a year through this card, then your annual fee is waived.