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

SBI Card MILES has lower forex markup (3% vs 3.5%).

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

ICICI Bank Coral RuPay Credit Card has a lower annual fee (₹500 annual fee vs ₹1,499 annual fee).

Which card offers better lounge access?

ICICI Bank Coral RuPay Credit Card: 1 per quarter domestic lounge. SBI Card MILES: 1 per year domestic lounge.

Which card has a higher base reward rate?

ICICI Bank Coral RuPay Credit Card has higher conservative base reward value (~0.5% vs ~0.13%).

Pairwise comparison Compare 3+ cards →

ICICI Bank Coral RuPay vs SBI Card MILES Credit Cards – Fees, Lounge, Forex

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

Coral RuPay

MILES

The short answer

Verdict

Pick Coral RuPay for lounge access and upi.

Pick MILES for spending abroad.

Head-to-head

Three core metrics

Annual fee

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

MILES ₹1,499 Waivable at ₹6,00,000 spend

Coral RuPay saves ₹999/yr
Forex markup

Coral RuPay 3.5%

MILES 3%

MILES saves ~₹500 per ₹1L abroad
Domestic lounge

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

MILES 1/year Conditional · Domestic: 1/year · requires ₹1,00,000 spend in the previous year

Coral RuPay: +3 lounge visits/yr

Reward earning explained

Per card

Coral RuPay

2 pts / ₹100

Limited data

MILES

1 Travel Credits / ₹200 · Up to 2 Travel Credits / ₹200 on Travel

Strong data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (ICICI Bank Coral RuPay: ₹500 vs SBI Card MILES: ₹1,499), forex markup (3.5% vs 3%), or lounge access (4/year (1 per quarter) vs 1/year).

Forex markup SBI Card MILES wins

SBI Card MILES is better for forex

SBI Card MILES is stronger here. SBI Card MILES has a lower forex markup (3% vs 3.5%).
Lounge access ICICI Bank Coral RuPay wins

ICICI Bank Coral RuPay is better for lounge access

ICICI Bank Coral RuPay is stronger here. ICICI Bank Coral RuPay offers 4 domestic lounge visits per year versus 1.
Rewards Tie

Both cards are similar for rewards

ICICI Bank Coral RuPay conservative base value ~0.5% vs SBI Card MILES's ~0.1%. SBI Card MILES conservative base value ~0.1% vs ICICI Bank Coral RuPay's ~0.5%.
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
SBI MILES: ~₹60/month at base rate

Illustrative only, using current base rates before caps.

Field	Coral RuPay ICICI Bank	MILES SBI Card
Insurance — Lost card liability cover Only available for SBI MILES	Not specified	₹1 lakh
Insurance — Underwriter Only available for SBI MILES	Not specified	Insured by ICICI Lombard General Insurance Company Limited
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats 4/year (1 per quarter) vs 1/year	4/year (1 per quarter)	1/year
International lounge visits	No international lounge access	No international lounge access
Forex / International Use
Forex markup Same forex; compare fee and lounge rows. 3.5% vs 3%	3.5%	3%
Fees
Recurring annual fee ₹500 vs ₹1,499	₹500	₹1,499
Annual-fee waiver ₹1,50,000 vs ₹6,00,000	₹1,50,000	₹6,00,000
Interest-free period Up to 48 days vs Up to 50 days	Up to 48 days	Up to 50 days
Monthly interest rate	3.75% / month	3.75% / month
Late-payment charge Only available for Coral RuPay	₹100–₹1,300 depending on outstanding balance	Not specified
Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded vs 1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded	1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded
Rewards
Base earn 2 pts / ₹100 vs 1 Travel Credits / ₹200	2 pts / ₹100	1 Travel Credits / ₹200
Conservative base value ~0.5% vs ~0.1%	~0.5%	~0.1%
Earn ceiling Eligible spend capped at ₹20,000 per statement cycle vs Calendar-month cap: 5,000 Travel Credits shared across General spend & Travel	Eligible spend capped at ₹20,000 per statement cycle	Calendar-month cap: 5,000 Travel Credits shared across General spend & Travel
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹0.25 vs ₹1	₹0.25	₹1
Point validity Only available for SBI MILES	Not specified	2 years

Notes

ICICI Bank Coral RuPay Credit Card: Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
SBI Card MILES: Condition: ₹1,00,000 spend in the previous year
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

ICICI Bank Coral RuPay

Verify with issuer

SBI Card MILES

Verify with issuer