ICICI Coral Credit Card Against Fixed Deposit Review

The icici coral credit card against fixed deposit offers a mix of benefits and convenience of both the credit card as well as a fixed deposit.  This card function a little bit differently than the rest of the credit cards. And the icici credit card limit is defined by the fixed deposit amount where you can use up to 85% of the fixed deposit amount as your icici bank credit card limit. Let’s have a closer look at the icici coral credit card features.

ICICI bank credit card eligibility criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 yrs. 
    • Income: This card can be issued against a fixed deposit account. 
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: You can get this icici bank credit card against fixed deposit.
  • Minimum fixed deposit amount: Rs. 30,000 (has to keep it at least for 180 days). 

Documents required for icici credit card application:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      •  Salary Slip of the last 3 months 
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business
      • Recent audited financial report. 

ICICI credit card fees:

  • Joining Fee: Rs. 500 + GST
  • icici coral credit card annual fee: Rs. 500 + GST (can be waived off if Rs. 1.25lakh is spent within a year) 

ICICI coral credit card benefits:

The icici bank coral credit card benefits are discussed below. 

  • ICICI coral credit card reward points benefits:

The icici coral credit card offers 2 PAYBACK points on spending Rs. 100 on all icici coral credit card payment except on fuel.

 This card offers 1 icici bank credit card reward points (known as PAYBACK Points) on spending Rs. 100 on utilities and insurance. You will get 4X reward points for the same on Dining, Groceries, and Supermarkets. You can redeem icici credit card points against any products from the reward catalog

  • ICICI coral credit card lounge access benefit: 

If you can spend Rs. 5,000 within a quarter, then you will get 1 free access to domestic lounges in the next quarter. 

You should read the icici bank coral credit card terms and conditions to get a detailed description of the benefits. 

  • Movie benefit:

The icici credit card offers on movie tickets are awesome. If you book at least 2 movie tickets from BookMyShow or INOX, you will get a 25% discount of up to Rs. 100 on it. You can get this icici credit card movie ticket offer twice a month. 

  • Dining benefit:

The dining benefits of icici credit card are attractive. With this card, you can enjoy up to a 15% discount on your dining bill. That means the evenings will be more delightful for you. 

  • Fuel surcharge waiver:

This icici coral credit card offers a 1% waiver on fuel surcharges, this offer is applicable at all HPCL fuel stations in India, with the maximum applicable icici credit card transaction amount of Rs. 4,000.  

  • ICICI coral credit card annual fee waiver:

If you can spend Rs. 1.25 lakh with your card within a year, then the icici coral credit card annual charges for the next year will be waived off. 

  • EMV chip card:

This icici coral credit card comes with the advanced EMV Chip and 3d secure icici credit card pin system, which makes your transaction more secure. 

ICICI coral credit card charges:

  • ICICI coral credit card cash withdrawal charges: 2.5% against the withdrawn amount. 
  • Finance Charge: The icici coral credit card interest rate is  3.4% monthly. 
  • ICICI credit card international transaction chargesThe icici bank coral credit card charges for foreign currency transactions is 3.5% against the transaction amount.

ICICI credit card customer care contact details:

ICICI bank credit card customer care contact number: 1860-120-7777

ICICI bank credit card customer care mail id: You can mail the service authority just by visiting the ICICI Bank complaint page.  

100xGain Ratings:

6.5/10

Final Opinion:

You can take icici coral credit card if you don’t have any credit score or you want to build a good credit history else I will not at all recommend you to take the card, as no good icici bank credit card offers or discounts are present with a joining fee of  Rs.500 as well as an icici coral credit card annual fee, which is not at all acceptable.

Therefore I would recommend you to take a look at the alternative card options given below. Hopefully, it will help you to find your desired credit card.

Alternative card options: 

  1. Axis Bank Privilege credit card. (Best for lounge access and dining related benefits)
  2. Axis Bank Pride Signature Credit Card with Lifestyle Benefits. (Best for lounge access and entertainment-related benefits)
  3. RBL Bank Popcorn Credit Card. (Best for earning cashback)

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