ICICI Bank
Coral
The ICICI Bank Coral Credit Card is a low-maintenance, entry-level card designed primarily for individuals who are new to credit. Charging an affordable annual fee of Rs.
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 6 June 2026.
At a Glance
Annual Fee
₹500
Joining Fee
₹500
Fee Waiver
Spend ₹1,50,000 annually
Lounge Access
See details
Forex Markup
3.5%
Effective Yield
0.5% – 6%
Our Take
CreditGully Rating
Based on CreditGully editors' analysis. Not influenced by card issuers.
The ICICI Bank Coral Credit Card is a low-maintenance, entry-level card designed primarily for individuals who are new to credit. Charging an affordable annual fee of Rs. 500, it serves as an excellent financial tool to build credit while earning decent rewards. For those who choose the RuPay card variant, the card offers additional benefits, including 24x7 concierge services and personal insurance coverage of Rs. 2 lakh.
Despite its low pricing, the card features a versatile mix of rewards, travel, and lifestyle benefits. Cardholders earn 2 reward points on all retail transactions, 1 point on utility and insurance payments, and 6X to 12X points on travel bookings made via iShop. It also features milestone reward bonuses of up to 10,000 points annually, a movie discount of 25% off at INOX and BookMyShow, and dining discounts through leading platforms like Zomato, Swiggy, and Eazydiner.
The ICICI Coral is best suited for budget-conscious spenders who want a well-rounded card with affordable maintenance requirements. It is ideal for individuals who can spend at least Rs. 1.5 lakh annually to easily waive the renewal fee, and those who plan to spend Rs. 2 lakh or more per year to unlock and maximize the milestone bonus rewards.
What We Like
We like that this card allows users to earn reward points on utility and insurance spends, which are categories typically excluded by other rewards programs. Additionally, it offers accessible everyday savings through dining discounts and movie ticket offers on popular platforms.
Pros
- ✓Affordable annual fee with a simple spend-based waiver requirement of Rs. 1.5 lakh.
- ✓Earn up to 10,000 bonus reward points annually through spend-based milestones.
- ✓Significant movie ticket savings of up to Rs. 4,800 on BookMyShow and INOX.
- ✓Up to 4 complimentary visits each to domestic airport and railway lounges every year.
- ✓Attractive dining discounts on popular services such as Swiggy, Zomato, and Eazydiner.
Cons
- ✗The reward point accumulation rate is relatively low with a low redemption value.
- ✗Complimentary domestic airport lounge access is subject to a spend-based condition of Rs. 75,000 per quarter.
Get This Card If
- ✓You want an entry-level credit card at a low annual fee.
- ✓You are looking for a rewards credit card with decent additional lifestyle benefits.
- ✓You can unlock and maximise the milestone bonus rewards by spending Rs. 2 lakh or more in a year.
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Standard Retail Spends | 2 Reward Points (RP) per ₹100 | 0.50% | No Upper Cap (on general retail) |
| Utilities & Insurance | 1 RP per ₹100 | 0.25% | Capped at ₹40,000 spend per month for Insurance/Utility |
| UPI Spends (RuPay Variant) | 1 RP per ₹100 | 0.25% | No explicit cap on UPI base points (Rupay variant) |
| Transport Spends (Rail/Taxis) | 2 RP per ₹100 | 0.50% | Capped at ₹10,000 spend per month |
| iShop Portal (Accelerated) | Up to 48 RP per ₹100 | 12% | Varies by Merchant |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹2 Lakh | Annual Milestone 12,000 pts | ₹500 | Earn 2,000 bonus RP upon hitting ₹2 Lakhs anniversary year spend. |
| ₹1 Lakh | Incremental Milestone1,000 pts | ₹250 | Earn 1,000 bonus RP for every ₹1 Lakh spend after the initial ₹2L (Max 10,000/year). |
| ₹1.5 Lakh | Fee Waiver | ₹500 + GST Savings | Annual fee waived for the next year if annual spends exceed ₹1.5 Lakhs. |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| ICICI Rewards Catalogue (Vouchers) | ₹0.25 per point4:1 Ratio | Best Value (Redeem for Amazon, Croma, or Shoppers Stop vouchers via iMobile) |
What You Need to Know
The ₹75k Lounge Gate
Effective Jan 2025/2026, you must spend ₹75,000 in the PREVIOUS quarter to unlock the next quarter's lounge access.
Impact: Casual or secondary card users will almost never trigger this benefit.
New BMS Spend Gate
BookMyShow 25% discount now requires a spend of ₹25,000 in the previous calendar quarter.
Impact: If the card is dormant, you lose the 'cheap movies' benefit entirely.
Essential Fine Print
Reward Exclusions
Excluded from Reward Points: Fuel transactions and rent payments do not earn reward points.
Lounge Access
Domestic Airport Lounge Access
1 complimentary domestic airport lounge access per quarter. (Note: You can enjoy complimentary airport lounge access by spending ₹75,000 in the preceding calendar quarter)
Railway Lounge Access
4 complimentary access to select railway lounges in India annually.
Milestone Benefits
Milestone Reward Points
Earn 2,000 Reward Points on spending ₹2,00,000 in a year; earn 1,000 Reward Points for every ₹1,00,000 spent thereafter (up to 10,000 points annually).
Annual Fee Waiver
Renewal fee waived if spends exceed ₹1,50,000 in the previous year.
Additional Features
Movie Discounts
25% discount up to ₹100 per transaction on minimum purchase of two movie tickets; available twice a month via BookMyShow. Note: You can enjoy the BookMyShow offer on your Credit Card by spending ₹ 25,000 or more in the preceding quarter.
Reward Earning Rate
2 Reward Points per ₹100 spent (excluding fuel and utilities); 1 Reward Point per ₹100 on utilities and insurance categories.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹500 |
| Annual / Renewal Fee | ₹500 |
| Fee Waiver Threshold | Spend ₹1,50,000 annually |
| Forex Markup | 3.5% |
| Reward Redemption Fee | ₹99 per redemption |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Salaried
Age > 21 years, Monthly Income > ₹ 20,000
Self-Employed
Age > 21 years, Annual Income > ₹ 2,40,000
Ready to apply for Coral?
Annual fee: ₹500 · Waived on ₹1,50,000 spend
Frequently Asked Questions
Annual fee
₹500
0.5% – 6% yield