Which card has a lower forex fee: IndiGo Axis Bank Credit Card or ICICI Bank Coral RuPay Credit Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: IndiGo Axis Bank Credit Card or ICICI Bank Coral RuPay Credit Card?

ICICI Bank Coral RuPay Credit Card has a lower annual fee (₹500 annual fee vs ₹799 annual fee).

Which card offers better lounge access?

IndiGo Axis Bank Credit Card: 1 per quarter domestic lounge. ICICI Bank Coral RuPay Credit Card: 1 per quarter domestic lounge.

Which card has a higher base reward rate?

Base reward rates are not fully available for both cards in the current snapshot.

Pairwise comparison Compare 3+ cards →

Axis Bank IndiGo vs ICICI Bank Coral RuPay Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank IndiGo and the ICICI Bank Coral RuPay. Verify fees, lounge access, forex markup, and base rewards before you apply.

IndiGo

Coral RuPay

The short answer

Verdict

Pick Coral RuPay for upi.

Head-to-head

Three core metrics

Annual fee

IndiGo ₹799 Annual-fee waiver not offered

Coral RuPay ₹500 Waivable at ₹1,50,000 spend

Coral RuPay saves ₹299/yr
Forex markup

IndiGo 3.5%

Coral RuPay 3.5%
Domestic lounge

IndiGo 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar months

Coral RuPay 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)

Reward earning explained

Per card

IndiGo

1 pt / ₹100 · Up to 3 pts / ₹100 on Indigo

Strong data

Coral RuPay

2 pts / ₹100

Limited data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Axis Bank IndiGo: ₹799 vs ICICI Bank Coral RuPay: ₹500), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 1 per quarter.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: Axis Bank IndiGo is not safely INR-comparable (no usable point value). ICICI Bank Coral RuPay conservative base value ~0.5% per ₹100.

IndiGo: Strong data Coral RuPay: Limited data
upi ICICI Bank Coral RuPay wins

ICICI Bank Coral RuPay is better for UPI usage

ICICI Bank Coral RuPay is stronger here. Supports UPI via RuPay network.

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Coral RuPay: ~₹250/month at base rate
IndiGo Axis Bank: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Field	IndiGo Axis Bank	Coral RuPay ICICI Bank
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats	4/year (1 per quarter)	4/year (1 per quarter)
International lounge visits Only available for Coral RuPay	Not specified	No international lounge access
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Recurring annual fee ₹799 vs ₹500	₹799	₹500
Annual-fee waiver Not offered vs ₹1,50,000	Not offered	₹1,50,000
Interest-free period Up to 50 days vs Up to 48 days	Up to 50 days	Up to 48 days
Monthly interest rate	3.75% / month	3.75% / month
Late-payment charge Only available for Coral RuPay	Not specified	₹100–₹1,300 depending on outstanding balance
Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap vs 1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap	1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded
Rewards
Points per ₹100 1 pt / ₹100 vs 2 pts / ₹100	1 pt / ₹100	2 pts / ₹100
Conservative base value Not safely INR-comparable vs ~0.5%	Not safely INR-comparable	~0.5%
Earn ceiling 750 points per statement cycle; at 2 pts / ₹100, this lane reaches the cap at ₹37,500 of eligible spend vs Eligible spend capped at ₹20,000 per statement cycle	750 points per statement cycle; at 2 pts / ₹100, this lane reaches the cap at ₹37,500 of eligible spend	Eligible spend capped at ₹20,000 per statement cycle
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for Coral RuPay	Not specified	₹0.25

Notes

IndiGo Axis Bank Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
ICICI Bank Coral RuPay Credit Card: Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

Axis Bank IndiGo

Verify with issuer

ICICI Bank Coral RuPay

Verify with issuer