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

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

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

PhonePe SBI PURPLE Credit Card has a lower annual fee (₹499 annual fee vs ₹500 annual fee).

Which card offers better lounge access?

ICICI Bank Coral RuPay Credit Card: 1 per quarter domestic lounge. PhonePe SBI PURPLE Credit Card: No complimentary lounge access.

Which card has a higher base reward rate?

PhonePe SBI PURPLE Credit Card has higher conservative base reward value (~1% vs ~0.5%).

Pairwise comparison Compare 3+ cards →

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

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

Coral RuPay

PhonePe SBI PURPLE

The short answer

Verdict

Pick Coral RuPay for lounge access.

Pick PhonePe SBI PURPLE for rewards.

Head-to-head

Three core metrics

Annual fee

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

PhonePe SBI PURPLE ₹499 Waivable at ₹1,00,000 spend

PhonePe SBI PURPLE saves ₹1/yr
Forex markup

Coral RuPay 3.5%

PhonePe SBI PURPLE 3.5%
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)

PhonePe SBI PURPLE No complimentary lounge access

Coral RuPay: +4 lounge visits/yr

Reward earning explained

Per card

Coral RuPay

2 pts / ₹100

Limited data

PhonePe SBI PURPLE

1 pt / ₹100

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 PhonePe SBI PURPLE: ₹499), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs No complimentary lounge access).

Forex markup Tie

Both cards are similar for forex

Forex markup is 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. Domestic lounge access is 1 per quarter.
Rewards SBI Card PhonePe SBI PURPLE wins

SBI Card PhonePe SBI PURPLE is better for rewards

SBI Card PhonePe SBI PURPLE is stronger here. SBI Card PhonePe SBI PURPLE conservative base value ~1% vs ICICI Bank Coral RuPay's ~0.5%.
upi Tie

Both cards are similar for UPI usage

Supports UPI via RuPay network.

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

PhonePe SBI PURPLE: ~₹500/month at base rate
Coral RuPay: ~₹250/month at base rate

Illustrative only, using current base rates before caps.

Field	Coral RuPay ICICI Bank	PhonePe SBI PURPLE SBI Card
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats 4/year (1 per quarter) vs No complimentary lounge access	4/year (1 per quarter)	No complimentary lounge access
International lounge visits Only available for Coral RuPay	No international lounge access	Not specified
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Recurring annual fee ₹500 vs ₹499	₹500	₹499
Annual-fee waiver ₹1,50,000 vs ₹1,00,000	₹1,50,000	₹1,00,000
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 · ₹100/month waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded	1% surcharge waiver · ₹500–₹3,000 transactions · ₹100/month waiver cap · Fuel rewards excluded
Rewards
Points per ₹100 Some reward lanes are unsupported — base rate only for comparison. 2 pts / ₹100 vs 1 pt / ₹100	2 pts / ₹100	1 pt / ₹100
Conservative base value ~0.5% vs ~1%	~0.5%	~1%
Earn ceiling Eligible spend capped at ₹20,000 per statement cycle vs 750 points per month; at 3 pts / ₹100, this lane reaches the cap at ₹25,000 of eligible spend	Eligible spend capped at ₹20,000 per statement cycle	750 points per month; at 3 pts / ₹100, this lane reaches the cap at ₹25,000 of eligible spend
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for Coral RuPay	₹0.25	Not specified

Notes

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.

ICICI Bank Coral RuPay

Verify with issuer

SBI Card PhonePe SBI PURPLE

Verify with issuer