ICICI Coral Rupay Credit Card 10-Step Guide To Financial Rewards


ICICI Bank in continuation of its popular Coral Credit Card series has launched its Rupay variant called the ICICI Coral Rupay Credit Card. Given the rising popularity of Rupay Credit Cards in India, ICICI Bank is currently offering this Credit Card lifetime free to its existing Credit Card users.

This Credit Card is designed for beginners and offers a good reward rate along with lounge access and movie benefits.

My Blog post on the ICICI Coral Rupay Credit Card is a 10-step guide that delves into its Key Features, Rewards, and Benefits. It also advises you on the various factors to be considered before applying for a credit card.


Table of Contents

ICICI Coral Rupay Credit Card Benefits

Airport Lounge Access
1 Complimentary access, per quarter, to Select Airport lounges in India
Railway Lounge Access
1 Complimentary Domestic Railway lounge visit
Discount On Movie Tickets
25% Discount up to ₹100 on Book My Show App and PVR Inox
Milestone Benefit
2000 Reward Points on spending ₹ 2 lakh
Reward Benefit
Earn 2 Reward Points per ₹100/- spent (except Fuel spends)
Fuel Surcharge Waiver
1% Waiver on Fuel Surcharge valid at HPCL Petrol Pumps only.
Concierge Services
Access 24 x 7 Concierge Services
Insurance Cover
Personal Accident Insurance Cover of ₹ 2 lakhs

Milestone Benefit

ICICI Coral RuPay Credit Card offers Reward Points to its cardholders for achieving purchase milestones. The maximum Reward Points you can earn annually is capped at 10,000 points 

The following Table  illustrates the Reward Points offered:
Reward Points Spends Through ICICI Coral Rupay Credit Card
2000 Points ₹2,00,000
1000 Points For every ₹1,00,000 spent additionally in an Anniversary Year

Entertainment Benefit

ICICI Coral RuPay Credit Card offers attractive discounts on Movie Tickets and Dining at select restaurants.

The following Table illustrates the discounts offered :

Entertainment Categories Discounts
Movie Tickets 25% up to ₹100 booked on Book My Show App or PVR Inox. Minimum Purchase - 2 Tickets per Month.
Dining 15% at Select Restaurants through ICICI Bank’s Culinary Treats programme.

Reward Benefit

ICICI Coral Rupay Credit Card offers reward points for purchasing goods under different categories. The following Table illustrates the rewards offered :

Category Spends Reward Points
Retail Spends except Fuel 2 Points per ₹100 spent
Insurance and Utility Spends 1 Point per ₹100 spent

Fuel Surcharge Waiver

ICICI Coral Rupay Credit Card offers a 1% fuel surcharge waiver across all HPCL petrol pumps in India. This waiver applies to transactions with a minimum value of ₹300 and maximum value of ₹4000 exclusive of GST and other charges.

Additional Benefits

ICICI Coral Rupay Credit Card Lounge Access

ICICI Coral Rupay Credit Card offers Lounge access to its cardholders.

  • It offers 1 complimentary airport lounge access every quarter at select airports across India. 
  • It also offers 1 complimentary access to the domestic railway lounge per quarter.

Note: You need to spend a minimum amount of ₹ 5000 in the previous quarter through this credit card to be eligible for Airport Lounge access in any calendar quarter.

ICICI Coral Rupay Credit Card Eligibility

To be eligible to apply for the ICICI Coral Rupay Credit Card, you need to fulfill the following requirements :

Description Eligibilty
Age 23 Years and Above
Citizenship Should be a Citizen of India
Cibil Score 750 or Above
Income Net Income should be ₹ 5,00,000 or more as per Latest ITR for the primary card holder.

ICICI Coral Rupay Credit Card Documents Required

The following documents are required to apply for the ICICI Coral Rupay Credit Card :

Description Documents Required
Proof Of Income Last 3 Months Salary Slips/Form 16/ITR Records
Proof of Identity Aadhar Card/PAN Card/Passport/Voter ID Card
Proof of Address Water Bill/Electricity Bill/Any other Utility Bill
Bank Statements Last 6 Months

ICICI Coral Rupay Credit Card Fees And Charges

Fees And Charges Amount
Joining Fee ₹500 + GST
Annual Fee 1st Year : Nil, 2nd Year onwards : ₹500 + GST, Annual Fee waived on spends >₹1,50,000 in the previous year.
Finance Charges Up to 3.4% per month | 48.80% per annum
Cash Advance Fees 2.5% of the transaction amount or ₹300 whichever is higher
Supplementary Card Fees ₹250 + GST

ICICI Coral Rupay Credit Card Apply Online

You can apply online for the ICICI Coral Rupay Credit card  by following the steps as illustrated :

  1. Online Application:

    • Download The iMobile Pay App or visit the ICICI Bank website at icicibank.com
    • Browse on to the ICICI Bank Coral RuPay Credit Card application page.
    • Fill out the online application form with your personal, contact, and income details.
    • Submit the form.
  2. Document Submission:

    • After submitting the online application, you’ll receive a reference number.
    • Gather the necessary documents, including proof of identity, address, and income.
    • Visit the nearest ICICI Bank branch or schedule a representative visit to submit your documents.
  3. Verification and Approval:

    • The bank will verify your application and documents.
    • You’ll receive your ICICI Bank Coral RuPay Credit Card at your registered address if approved.

ICICI Coral Rupay Credit Card Limit

The credit limit on your ICICI Bank Coral RuPay Credit Card will be determined based on your creditworthiness and other factors. You can enhance your credit limit over time by making timely payments and maintaining a healthy financial balance to build a good credit score.

ICICI Coral Rupay Credit Card UPI Payment

The ICICI Coral Rupay Credit Card is based on the Rupay platform that allows you to link your Credit Card to UPI for effortless transactions. Through seamless integration with UPI in payment Apps like Google Pay, PhonePe, etc you can enjoy online shopping, make bill payments, secure person-to-merchant transactions, and many more.

You can also link your ICICI Bank RuPay Credit Card to UPI on the iMobile Pay app by following the steps as illustrated:

  • Step 1: Download and  log in to the iMobile Pay app
  • Step 2: Select ‘UPI transactions’
  • Step 3: Click on ‘Manage’
  • Step 4: Select ‘My Profile’
  • Step 5: Click on ‘Link Your RuPay Credit Card to UPI’
  • Step 6: Enter the VPA ID of your choice and check its availability
  • Step 7: Click on ‘Proceed’
  • Step 8: Select the RuPay Credit Card number to be linked
  • Step 9: Click on ‘Confirm’.


In conclusion, The ICICI Coral Rupay Credit Card is a good option if you are looking for an entry-level credit card that is low on fees and offers decent benefits including lounge access to airports, and dining and movie discounts. Being a Rupay Credit Card helps you to easily link this card to your UPI application and make easy payments.

However, the rewards offered by this credit card are fundamental and limited in nature. Rewards such as Movie discounts can be availed only twice a month and are limited to booking on the Book My Show App and PVR Inox theatres only. Even the 1% Fuel surcharge waiver is limited only to HPCL Pumps. 

If you are looking for a credit card that is low on maintenance and offers decent rewards and benefits, then this card can be an ideal choice. 

Alternatively, I will always advise you to look at similar Rupay credit cards with good cashback or rewards before taking a final call. Some similar Rupay Credit Cards that can be considered include the TATA Neu Rupay Credit Card, Kiwi Axis Rupay Credit Card, Kotak UPI Rupay Credit Card, and SBI Reliance Rupay Credit Card to name a few.


What is the value of each reward point of ICICI Coral Rupay Credit Card ?
  • You earn 2 reward points for every ₹100 spent on your card (except fuel).
  • For spending on utilities and insurance categories, you earn 1 reward point for every ₹100 spent.

To redeem your reward points earned through your ICICI Bank Coral RuPay Credit Card, you need to follow these steps:

  • Log in to your ICICI Net Banking Account.
  • Navigate to the Rewards section and View Your Reward Points Balance.
  • Explore the various redemption options available and select your preferred redemption method:

Yes, You can convert your existing ICICI credit card to Coral Rupay credit card by getting in touch with ICICI Bank’s customer service through their helpline or visit a nearby branch. The bank will access factors such as your credit history, income, and existing relationships to consider your eligibility.

Yes. ICICI Coral  Rupay Credit Card can be used for international transactions across the globe.

The approval process for the ICICI Coral RuPay Credit Card typically takes around 7 to 10 business days. During this time, the bank reviews your application, verifies your eligibility, and assesses your creditworthiness. If all requirements are met and there are no issues, you’ll receive approval within this timeframe. Keep an eye on your communication channels (email or SMS) for updates on your application status. 

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