ICICI

Coral RuPay Credit Card

Good fit when rewards, fees, and forex fit your spend pattern.

Should you get this?

Conditional fit

Some details need issuer confirmation

Why this card

  • Low annual fee of ₹500.
  • Published base rewards of 2 pts / ₹100.
  • Published lounge access: 1 per quarter · ₹75,000 spend in the previous calendar quarter.
Issuer evidence · 4 sources →
Compare with Axis Bank IndiGo →

Both publish 1 domestic lounge visit per quarter; Coral has the lower annual fee, while Axis IndiGo adds higher earning on IndiGo purchases.

Trade-off

The annual fee (₹500) is waived only when eligible annual spend exceeds ₹1,50,000.

Annual fee ₹500 per year
Rewards 2 pts / ₹100
Lounge access 1 per quarter · ₹75,000 spend in the previous calendar quarter
Forex markup 3.5% high

Rewards

Earning rules

Detail · from the summary above
ScopeRateEligibilityLimit
General spend2 pts / ₹100Credited as reward points—
Groceries2 pts / ₹100Credited as reward pointsEligible spend capped at ₹20,000 per statement cycle
Insurance2 pts / ₹100Credited as reward pointsEligible spend capped at ₹40,000 per statement cycle
Utilities2 pts / ₹100Credited as reward pointsEligible spend capped at ₹40,000 per statement cycle

Redemption value

What a Reward Point is worth

  1. Cash redemption value₹0.25 per Reward Point

When does this card pay for itself?

Rewards break-even estimate
₹1L

Conservative yearly spend needed at the ₹0.25-per-point ranking floor.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Eligible spend

2 points per ₹100 on eligible spend

Verified value

₹0.25 per point

Cashback

Caps

  • GroceriesEligible spend capped at ₹20,000 per statement cycle
  • InsuranceEligible spend capped at ₹40,000 per statement cycle
  • UtilitiesEligible spend capped at ₹40,000 per statement cycle
View full earning rules →

No reward on

  • Fuel
  • Insurance premiums
  • Utilities
  • Grocery
  • Departmental earn under the dedicated 2 RP/₹100 -capped l…
See earning rules →

Realisation

Credited as reward points

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocks
Annual fee waiver₹1,50,000yearAnnual fee waiver
Domestic lounge spend gate₹75,000quarterLounge eligibility

Watch outs

Before choosing this card
  • Forex markup is 3.5%, so frequent international spends may be costly.

Estimated usage

Example usage at this monthly spend

₹
  • At this monthly spend, you'd earn: Based on the standard earn rate (2 pts / ₹100). Up to ~1,000 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
  • Worth ~₹250 at the conservative redemption floor
  • Fee waiver achievable at this spend
  • Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts
Benefits

Lounge Access

Domestic (cardholder)
1 per quarter · verified 6 Jul 2026 Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
  • PaisaBazaar
  • Stable Money
  • ICICI official page
  • CardInsider
  • Operator-verified anchor
  • BankBazaar
Railway (cardholder)
4 railway lounge visits per year (max 1/quarter)

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
  • PaisaBazaar
  • Stable Money
  • ICICI official page
  • CardInsider
  • Operator-verified anchor
  • BankBazaar
International (cardholder)
Not included on base card No international lounge access.

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
  • PaisaBazaar
  • Stable Money
  • ICICI official page
  • CardInsider
  • Operator-verified anchor
  • BankBazaar
ICICI domestic airport lounge list , opens external site
ICICI railway lounge programme , opens external site

Rewards

Base earn
2 points per ₹100 value depends on redemption
Effective return (honest floor)
~0.5% base (conservative redemption) Conservative redemption floor; best documented path is not ranked on.
Cash redemption value
₹0.25 per Reward Point Issuer headline channel — full channel grid in Redemption value.
Fees & charges

Fees

Monthly interest rate
3.75% / month
Annual fee
₹500
Joining fee
₹500 · verified 3 Sept 2026
Fee waiver spend
Above ₹1,50,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹1,50,000.
Interest-free period
Up to 48 days · verified 7 Jul 2026
Late-payment charge
₹100–₹1,300 depending on outstanding balance Exact charge depends on your outstanding balance per issuer tiers.

International Use

Forex markup
3.5%

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
Product tier
Mid-tier

Travel & perks

Fuel Benefits

At the pump
  • 1% fuel surcharge waived on transactions ₹400–₹4,000.
  • Fuel transactions do not earn reward points.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits
SIDE BY SIDE
ICICI Bank Coral RuPay
vs
Axis Bank My Zone
SIDE BY SIDE
ICICI Bank Coral RuPay
vs
HDFC Bank Millennia
SIDE BY SIDE
ICICI Bank Coral RuPay
vs
HSBC India Live+

The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

  • Groceries cap: Eligible spend capped at ₹20,000 per statement cycle.
  • Insurance cap: Eligible spend capped at ₹40,000 per statement cycle.
  • Utilities cap: Eligible spend capped at ₹40,000 per statement cycle.
  • After the Groceries cap is reached, further spending in that lane earns no rewards.
  • After the Insurance cap is reached, further spending in that lane earns no rewards.
  • After the Utilities cap is reached, further spending in that lane earns no rewards.

Exclusions

These spends do not earn reward points.

Financial

  • Fuel
  • Insurance premiums

Utilities

  • Utilities

Other

  • Grocery and Departmental earn under the dedicated 2 RP/₹100 -capped l…

Latest update

  • Annual fee: ₹500.
  • Forex markup currently listed at 3.5%.
  • 1 per quarter domestic lounge · ₹75,000 spend in the previous calendar quarter.

Common questions

From verified card facts

Is this good for lounge access?

1 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies above ₹1,50,000 annual spend. Verify eligible spend exclusions before counting on it.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →
Last refreshed 3 Sept 2026 moneymatters.cards Change look saved in this browser only
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.

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