ICICI Bank Coral Credit Card – Updated Details & Benefits 2025

The ICICI Bank Coral Credit Card is a premium offering designed for individuals who need financial flexibility, rewards, and exclusive benefits.

For instance, let’s consider Mrs. Priya Sharma, a marketing manager with an annual salary of ₹12,20,000. Mrs. Sharma enjoys the advantages of her ICICI Bank Coral Credit Card. Let’s understand with the help of a table how she uses her Coral Credit Card which maximises her rewards and also offers great savings on her everyday expenses.

Total Reward Points Earned = 1,200 + 2,000 + 400 + 300 + 200 = 4,100 points.

By using the card across various categories, she earns a decent number of reward points, which can be redeemed for a variety of benefits, such as shopping vouchers or travel perks. 

If you want to enjoy the benefits of a ICICI Bank Coral Credit Card like Mrs. Sharma, let’s take a closer look at this card.

Credit Card: An overview

Credit is a financial tool that allows you to buy things now and make the payment later. This is a limit given to you by the bank, which depends upon your salary, credit score, and some eligibility criteria.

As of July 2024, India has over 104.57 million (₹10,46,00,000) credit cards in circulation, reflecting a 16.4% year-on-year increase.DazeinfoThis surge indicates a growing trend among consumers opting for credit cards to manage their daily purchases, attracted by benefits such as cashback, discounts, and reward points.

ICICI Bank Coral Credit Card

ICICI Bank Coral Credit Card is not just a payment tool. It is your key to the exclusive world of rewards. Redeeming your ICICI bank reward points is a hassle-free process that grants you access to luxury and comfort. Your reward points offer a diverse range of redemption options, including movie tickets, travel vouchers, and many lifestyle products.

As you shop, the more you shop, the more points you accumulate, which you can use to buy your desired product. Whenever you make a payment through your credit cards then, you get rewards that take your lifestyle to the next level.

Features and Benefits of ICICI Bank Coral Credit Card

ICICI Bank Coral Credit Card comes with different interesting features and benefits that help customers make their purchases more memorable and meaningful. The following table exemplifies the features and benefits of this card.

Apart from the benefits mentioned above, the ICICI Bank Coral Credit Card comes with a wide range of reward benefits. You can redeem your reward points in many ways—from movie and travel vouchers to lifestyle products, mobile devices, appliances, and many more. Now your shopping is more rewarding.

How to earn reward points

• For every ₹100 spent, you will get 2 reward points. (except fuel)
• Earn 1 reward point on every ₹100 spent on utilities and insurance categories.

Under the milestone reward program

• If you spend ₹2,00,000 from your card, you will get 2,000 reward points.
• If you spend ₹1,00,000 from your card, you will get 1,000 reward points (under the anniversary year).
• You can get a maximum of 10,000 reward points in one year

So, the more you shop, the more reward points you will get and shopping will be more fun!

How to redeem reward points?

You can redeem your reward points in two ways:

1. Internet Banking

• Login to your account.
• Click on the redeem points in the cards and loan section.

2. iMobile App

• Open the iMobile App.
• Click on the credit card in the cards and Forex section.
• There, you can see your reward points and redeem them.

ICICI Bank Coral Credit Card Fees and Charges

For other charges, you can visit Important Terms and conditions 

ICICI Bank Coral Credit Card Pros & Cons

The ICICI Bank ICICI Bank Coral Credit Card is a popular mid-tier offering with a range of benefits and features, though it also has some limitations. Here’s a breakdown of its pros and cons:

Pros:

1. Reward Points:

You earn 2 reward points for every ₹100 spent on the card.

2. Welcome Benefit:

Upon activation, the card offers a welcome voucher or a cashback bonus, which adds instant value for new users.

3. Fuel Surcharge Waiver:

You get a 1% fuel surcharge waiver on fuel purchases at all HPCL pumps across India.

4. Dining Discounts:

The card offers discounts and deals at select restaurants through ICICI's culinary benefits.

5. EMI Option:

It offers the option to convert purchases into EMIs.

Cons:

1. Annual Fee:

The ICICI ICICI Bank Coral Credit Card has a relatively high annual fee (around ₹500–₹1,000), which may not justify the benefits.

2. Limited Reward Redemption:

Although you earn Payback points, the redemption process can sometimes be cumbersome, especially if you want a specific product or service.

3. No Comprehensive Travel Benefits:

While you get airport lounge access, the overall travel benefits are limited compared to premium travel credit cards.

4. Foreign Currency Markup Fee:

A foreign currency markup fee is levied on international transactions, which is 3.5% + GST, which may not make it the best option for frequent international travellers.

5. Low Reward Rate on Certain Categories:
The 2 Payback points per ₹100 is a decent rate, but it doesn’t offer as much reward points for specific categories.

Eligibility to Apply for the ICICI Bank Coral Credit Card

1. Age: Minimum age is 23 years old (max age depends on the type of card)
2. Location: You should be where ICICI is available for the service.
3. Occupation: Your occupation is considered whether you are salaried, self-employed, or a business owner.
4. Income: Your monthly/annual income should be under the eligibility criteria.

Documents Required to Apply for a ICICI Bank Coral Credit Card

How to Apply for the ICICI Bank Coral Credit Card Online?

Step 1: Go to the official website of ICICI Bank. Scroll down. You will see 3 headings: “Lifestyle”, “ Travel,” and  “Sports.”.

Step 2: Click on lifestyle. You will see the ICICI Bank Coral Credit Card. You will see an apply now button. Click on it.

Step 3: You will be directed to a new page where you have to fill in all the necessary details, which are your mobile number, PAN number, and date of birth. And then, check the tick box.

Step 4: You will get an OTP for verification. After your OTP is verified, you have to enter your Aadhar number.

Step 5: After filling in the Aadhar number, check the box. Click on the “Send OTP” button

Step 6: You will receive an OTP, which you must enter in the next step. Your details will be authenticated for some time.

Step 7: After a few minutes, you will see a page where you have to fill in some details.

Step 8: In those details, you have to select your bank account from two options: “Account Aggregator” and “Login to your salary account.”

Step 9: After selecting a bank account, you will be redirected to a new page. You will see your accounts and whatever bank account you want to choose, just click on the “choose” option.

Step 10: After that, click on the “Request OTP” button. You will receive an OTP on your registered mobile number.

Step 11: Fill in the OTP and click the “submit” button. You will see a page showing “Account verified.”

Step 12: Click on the “Approve consent” button. As soon as the account statement is updated, you will get a reference number.

Step 13:  It will take 2-3 days for verification and you will get a link for video KYC on your number. For video KYC , you have your physical  PAN Card, paper and a pencil. You will have your credit card soon.

How to apply for a ICICI Bank Coral Credit Card Offline?

To apply for a ICICI Bank Coral Credit Card offline, you have to follow these steps:

1. Visit the Bank’s Branch: Go to a local branch of the ICICI bank offering the ICICI Bank Coral Credit Card.

2. Request an application form: At the branch, ask for a credit card application form for the ICICI Bank Coral Credit Card. The bank representative will provide you with the form and details on how to fill it out.

3. Fill out the Application: Complete the form with the correct personal and financial details, including your name, address, employment information, annual income, etc.

4. Submit Required Documents: Along with the application, you will likely submit certain documents such as PAN Card, Aadhar Card, bank statements, etc.

5. Submit your application: After completing the form and attaching the required documents. Submit your application at the branch.

6. Wait for processing: The bank will process your application, which could take several days to a few weeks. If your application is approved, you will receive your ICICI Bank Coral Credit Card.

Conclusion

The ICICI ICICI Bank Coral Credit Card is a versatile and rewarding option for individuals who want to maximise their spending across various categories. With attractive benefits like reward points on every purchase, dining discounts, and cashback on movie tickets, it provides great value for everyday use. 

Additionally, it offers perks like fuel surcharge waivers, access to airport lounges, and an EMI facility, making it a suitable choice for both frequent travellers and those looking to manage their finances better. 

The card also includes insurance coverage for travel-related incidents, adding an extra layer of security. While the ICICI Bank Coral Credit Card has many benefits, it is essential to take a look at the annual fee and interest rates before applying to ensure it aligns with your financial goals.

FAQ’s Related to ICICI Bank Coral Credit Card

1. Why should I apply for a ICICI Bank Coral Credit Card?

The ICICI Bank Coral Credit Card offers you several benefits at a nominal fee. It is suited for your daily needs with dining discounts, offers on grocery shopping, electronics, and more.

2. How can I increase the credit limit of my ICICI Bank Coral Credit Card?

The credit limit can be increased on your ICICI Bank ICICI Bank Coral Credit Card by following the steps - SMS, iMobile Pay, Internet Banking.

3. How can I track my Credit card application status?

For this contact the customer care of the bank and state your application number to know the status of your credit card application.

4. What is the credit-free period for a Credit Card?

Credit free period of 48 days depends upon your statement date.

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