ICICI Bank Coral Contactless Credit Card is a good option for you if you are a first-time user. The card rewards you for every purchase which can later be redeemed against vouchers, merchandise and more. More highlights of the card are given below.
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Key Highlights of ICICI Bank Coral Contactless Credit Card | |
| Card Type | Entry-Level |
| Best Suited For | Rewards |
| Joining Fee | Rs. 500 |
| Annual Fee | Rs. 500 |
| Minimum Income Required | Rs. 20,000 per month for salaried and Rs. 50,000 per month for self-employed |
| Best Feature | 10,000 PAYBACK points every anniversary year; 2 reward points for every Rs. 100 spent (except fuel) |
| Paisabazaar Rating | ★★ (2.5/5) |
| On this page |
Reward Points: Get PAYBACK Points on every eligible transaction. You earn 2 PAYBACK Points per Rs. 100 spent and 1 PAYBACK Points per Rs. 100 spent on utilities and insurance.
Movie Tickets: Avail 25% discount up to Rs.100 on purchase of minimum 2 movie tickets per transaction on BookMyShow and Inox. The offer can be availed twice a month.
Fuel Surcharge Waiver: Enjoy 1% fuel surcharge waiver, valid only on Hindustan Petroleum Corporation Limited Pumps.
Lounge Access: Get access to domestic railway lounges in India subject to one complimentary access each quarter. Also, one complimentary access per quarter to select airport lounges in India by spending a minimum of Rs 5,000 or above in a calendar quarter on your card to avail this facility in the next calendar quarter.
Milestone Reward Program: Get 2,000 PAYBACK Points on spending Rs. 2 Lakh and additional 1,000 PAYBACK Points on crossing the Rs. 1 Lakh mark.
Annual Fee Waiver: If you spend over Rs. 1.50 Lakh on your credit card then your annual fee will be waived off.
Dining Discounts: Save up to 15% on your dining bill at over 2,500 restaurants.
Chip and Pin Security: The credit card comes with an embedded microchip and PIN (Personal Identification Number). This ensures the credit card’s data cannot be duplicated or used for fraudulent purposes.
| Title | Details |
| Joining Fee | Rs. 500 |
| Annual Fee | Rs. 500 |
| Finance Charges | 3.40% per month / 40.80% p.a. |
| Late Payment Charges | For Statement Balance:
|
Also Read: Top Entry-level Credit Cards in India 2022
| Criteria | Details |
| Occupation | Salaried or Self-employed |
| Minimum Income for Salaried Applicants | Rs. 20,000 per month |
| Minimum Income for Self-employed Applicants | Rs. 50,000 per month |
| Serviceable Cities | Click here for the list of eligible cities |
| Documents Required | Click here to see the list of acceptable documents |
ICICI Coral Contactless Credit Card is a good option for you if you are new to credit cards and looking for a card with a low annual fee of Rs. 500. Though the card offers benefits across rewards, airport lounges, and movies, the benefits are scattered yet very limited. The card offers a very basic reward rate with 2 payback points per Rs. 100. The movie benefit is limited to Inox and BookMyShow, which can be availed only twice a month subject to availability of tickets. Even the fuel surcharge waiver of 1% is limited only to HPCL Pumps. The card offers an annual fee waiver on spending Rs 1.50 lakh, which however is a big sum to spend as per the limited benefits offered on the card.
On a concluding note, ICICI Coral Contactless is a low fee card that offers limited benefits. If you are looking for a high reward card, this card might not be a good option for you. However, if you are a beginner looking for a low-maintenance card to build your credit history, you can consider opting for ICICI Coral Contactless Card.
If you think this card is a good option for you, click here to apply.
| Credit Card | Annual Fee | Reward Points / Offers | Net Savings |
| ICICI Bank Coral Contactless Credit Card | Rs. 500 | Get up to 10,000 PAYBACK points every anniversary year | Rs. 10,636* Rs.15,772** |
| IndusInd Bank Platinum Aura Credit Card | Rs. 899 | Earn 4 Reward Points for every Rs. 100 spent on Grocery Shopping, Hotel expenses, Departmental store spends and restaurant bills | Rs.3,996* Rs. 7,296** |
| Citibank Indian Oil Platinum Credit Card | Rs. 750 | Get up to 71 litres of free fuel annually | Rs. 5,288* Rs.10,576** |
| Standard Chartered Manhattan Platinum Credit Card | Rs. 999 | You can save up to Rs. 8,650 annually | Rs.9,396* Rs.16,992** |
*On spending Rs. 2 lakh annually
**On spending Rs. 4 lakh annually
What are the different variants of ICICI Bank Coral Contactless Credit Card?
ICICI Bank Coral Contactless Credit Card comes in three different variants:
Note: As per the guidelines of RBI, issuance of new credit cards on Mastercard and American Express platform has been discontinued until further notice. Normal card services will continue for existing users. ICICI will continue to issue the Visa variant of this card.
Is there any movie offer on this credit card?
Yes, you can get 2 movie tickets per month through the Buy One Get One (BOGO) scheme at BookMyShow.
Suggested Read: Best ICICI Credit Cards
