ICICI Coral credit card is one of the flagship products offered by the premier banking institution. Coral credit cardholders get a number of premium benefits on this card such as free movie tickets, dining discounts, complimentary airport lounge access, exceptional reward program, etc. to name a few. However, there are some cards which can be better in some cases. In this article, we will carry out an unbiased discussion on ICICI Bank Coral credit card.
Best Features of ICICI Coral Credit Card
Complimentary Domestic Railway Lounge Access
Cardholders get the opportunity to make use of the domestic railway lounges free of cost every quarter. This service is not available on most of the credit cards, be it basic or premium credit cards.
Free Movie Tickets
Coral credit cardholders get up to 2 free movie tickets each when they book tickets using BookMyShow or INOX every month. The maximum discount for the tickets is capped at Rs. 250 for each ticket. For ticket prices more than Rs. 250, the cardholder will have to make the additional payment for the ticket.
Complimentary Domestic Airport Lounge Access
Cardholders get one complimentary domestic airport lounge access every quarter. For additional visits, the cardholder gets unrestricted paid access to the lounge for self and accompanying guests.
ICICI Bank Culinary Treats Program
Under this programme, the cardholder can enjoy fine dining at more than 2,500 premium restaurants spread across 12 major cities in India. One gets a minimum of 15% discount at these restaurants on the overall bill.
Fuel Surcharge Waiver
Coral credit cardholders get the benefit of 1% fuel surcharge waiver on all spends at HPCL filling stations. However, the spent amount should not be more than Rs. 4,000 and the payment should have been done using the ICICI Bank POS machine.
Rewards on ICICI Coral Credit Card
ICICI Coral credit card is backed by an amazing rewards programme, popularly known as PAYBACK. Cardholders not only earn PAYBACK points on using the coral credit card but also get additional PAYBACK from partner merchants when the payment is done through the Coral card.
The best thing about the PAYBACK Rewards Programme is that the points can be redeemed in the form of cash which is credited to the cardholder’s credit account.
|Spend Amount||PAYBACK Points||Spend Category|
|Every Rs. 100||2 PAYBACK Points||All except Fuel|
|Every Rs. 100||1 PAYBACK Point||Utilities and Insurance|
|Rs. 2 Lakh in an year||2000 PAYBACK Points||Milestone Benefits|
|Rs. 1 Lakh in an year||1000 PAYBACK Points||Milestone Benefits|
What makes the ICICI Coral credit card better from other credit cards?
ICICI Bank Coral credit card provides a range of benefits to cardholders. Apart from the best features mentioned above, cardholders get a number of additional benefits. Some of them are mentioned below:
- ICICI Bank Coral credit card holders have to pay a nominal annual fee of Rs. 500 + GST for availing the facilities offered on the card.
- The annual fee is even reversed if the cardholder spends Rs. 1.5 Lakh in the previous calendar year.
- Additional Visa and MasterCard benefits on the cards at hotels, spas, lifestyle stores, wine purchases and more.
- ICICI Coral Credit cardholders get additional discounts and cashbacks on various e-commerce websites from time to time
- Coral cardholders also get the facility of no-cost EMI on purchases done at select portals as per the offer.
Who should opt for ICICI Coral Credit Card?
ICICI Coral credit card provides a huge number of facilities at almost free of cost. The card is best suited for a common middle-class salaried individual. It will help him in saving on utility payments, fuel purchases, etc. 2 Free movie tickets every month ensure that the cardholder can get entertained with family and save at the same time.
Movie buffs can enjoy movies every weekend at almost half the prices as they can get two free tickets through BookMyShow and two free tickets through the INOX portal.
If you like to dine out quite often, you can make use of the ICICI Bank Culinary Treats Programme under which you get more than 15% discount every time you dine at more than 2500 participating restaurants.
If you are like to travel, you can make use of various offers provided under the VISA programme or the MasterCard programme for booking your stay at premium hotels and availing concierge services.
You should not apply for ICICI Coral Credit Card if…
Your ICICI Bank Coral credit card provides a number of benefits and facilities but it may not be sufficient for you in some cases. Also, it may be more than required if you do not use your credit card much.
In case you travel a lot and have to use airport lounges, book flight tickets and stays at premium hotels quite frequently, you can think of upgrading your credit card for a better experience. You can select from a range of best travel credit cards and apply for the one that suits your needs the best.
In case you are a shopping freak and make online and offline purchases, you can go for some of the best shopping credit cards available in the market to save on your purchases through discounts, offers and cashbacks.
There are cases where people want to use credit cards but do not want to pay any fee for it. ICICI Coral credit cards come with an annual fee of Rs. 500 + GST and if you do not want to pay an annual fee, you can always downgrade to a zero annual fee credit card with only basic features.
In case you are an admirer of premium services and always want elite services, you can upgrade your credit card to a premium credit card that suits your needs the most.
It is always recommended to use a credit card that suits your needs and requirements the best. In case ICICI Bank Coral credit card suits your wants, you can apply for it online by clicking here. However, you can always continue with your current credit card if you believe your card is sufficient for your requirements.