Route spending through 1 Reward Point per ₹100 on utility and insurance spends (product page 2026-09-17).
Earn 0.3× here — 0.3% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Mid-tier
ICICI BANK · ICICI CORAL CREDIT CARD
ICICI Coral Credit Card
ANNUAL FEE
₹500 waived at ₹2L spend
FIRST-YEAR NET VALUE
₹9,000 for a mid spender · travel
ICICI BANK ICICI Coral
Updated 17 Sep 2026 6 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is ICICI Bank's.
MONTHLY INCOME ₹0.2L+ Salaried or self-employed
CREDIT SCORE 720+ Good band
AGE 21 – 65 Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹9,000 first-year net value · mid spender · travel
Category rewards ₹9,000
Annual fee − ₹500
Fee waiver (met)· Annual fee waived for next year on spends above INR 1.5 lakh ₹500
Net first-year value ₹9,000
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.50% back on eligible spends 2 pts 2 points per ₹100
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 0.5% back
1 Reward Point per ₹100 on utility and insurance spends (product page 2026-09-17) · 0.3%
Everything else (base) · 0.5%
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time ICICI Bank tweaks the program.
Line up your ₹2L before renewal.
Crossing ₹2L in the anniversary year waives the ₹500 fee — automatic for spenders at ₹12,500+/month. Watch your pace in months 10–12.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Joining fee ₹500 · + 18% GST · one-time
Annual fee (year 2+) ₹500 · waived at ₹2L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Airport lounges
1 domestic visits per year. Primary cardholder.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
For a spender who hits the ₹2L waiver, yes — the net value is positive. For a casual spender, the math gets tight and a lower-tier card may fit better. See the Fit section above.
08 WHAT CHANGED
How ICICI Coral Credit Card has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 Base reward effective rate corrected from 2.0% to 0.5% (2 points per ₹100 at ₹0.25 per point; the earlier figure treated 2 points as 2%); utility and insurance recorded at 1 point per ₹100; the vague iShop 6X-12X entry was dropped as it is not on the product page. Fee ₹500 + GST, ₹1.5L waiver, 2,000-point milestone at ₹2L (+1,000 per lakh, cap 10,000), 1 domestic lounge visit per quarter on ₹75,000 and 1 railway lounge per quarter re-verified. Coral drops in reward-led rankings; it was scoring four times its real earn rate
- 24 Feb 2026 Current Coral page FAQ confirms INR 75,000 quarterly spend criterion for domestic airport lounge access Lounge value remains spend-gated and primary-cardholder-only
- 15 Jan 2026 ICICI MITC introduced/updated DCC and category transaction fee rules (wallet load, gaming, transportation) across credit cards Higher costs on select transaction categories for Coral cardholders
- 15 Nov 2024 ICICI MITC spend-threshold calculations updated to exclude rent, government and education payments for annual fee reversal and milestone benefits Coral annual fee waiver and milestone planning now requires cleaner retail spend mix
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: ICICI Bank Coral Credit Card product page (official), ICICI Bank MITC for Credit Cards PDF (official, last updated Feb 07, 2026), ICICI Bank Credit Card T&C PDF (official), ICICI domestic lounge list PDF (official), ICICI railway lounge programme PDF (official), icicibank.com. Next scheduled review: 17 Mar 2027.