ICICI Bank Coral VISA Credit Card

ICICI Bank Coral VISA Credit Card

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Deal Cadet
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ICICI Bank Coral VISA Credit Card

Hii DImers,
Today I checked my ICICI interbank & in Pre-Qualified Credit Card – Online Application Form Section it was showing

ICICI Bank Coral VISA Credit Card
Lifetime Free Credit Card(No joining and annual fee)
2X Cash Rewards On Dining, Groceries and at Supermarkets
Buy 1 Get 1 Movie Ticket Free At BookMyShow
1 Complimentary Domestic Airport Lounge Visit Per Quarter

now when I checked the coral credit card t&c it was showing:
https://www.icicibank.com/Personal-Banking/card...

“Joining Privileges Fees

You pay a joining fee of Rs. 500 + GST
You pay an annual fee of Rs. 500 + GST from 2nd year onwards – waived off if you spend more than Rs. 1,50,000 in the previous"year.

So now my question is that will I have to pay 500+gst from second year If i fail to make a txn of <1.5L or its free for lifetime.
If ant dimers have any info pls share.
P.S.: Customer care guy is saying that the card is lifetime free for me as It is a special offer only available for selected customers.

6 Comments  |  
5 Dimers
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Deal Major
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It is Life time Free cc offered based on your SA MAB
No documentation needed either

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Deal Cadet
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getready wrote:

It is Life time Free cc offered based on your SA MAB
No documentation needed either

I am using this account from last 5 years & earlier it was indeed a salaried account
& yes no documents required & the application form is 90% pre-filled I just had to add my current address & agree to their T&Cs.

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Deal Major
6,915
23041
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Expand
utking wrote:

I am using this account from last 5 years & earlier it was indeed a salaried account
& yes no documents required & the application form is 90% pre-filled I just had to add my current address & agree to their T&Cs.

This isn’t great card but if you don’t have any ICICI CC..then worth it
Can get Apay ICICI card based on this one (If u don’t have it already)
But if your account MAB is like 10-20k, they might offer less credit like 30-40k. No worries if u have more than 1 lakh grinning

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Deal Cadet
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If someone dont have an account in ICICI will they get the coral card as LTF?

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Deal Cadet
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DealBroker23 wrote:

If someone dont have an account in ICICI will they get the coral card as LTF?

no

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Deal Subedar
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just so that if it helps anyone.

I have been using this card for the last 6 years and in the early years I could reach the annual waiver milestone of 1.25L easily (it has been revised to 1.5L couple of yrs back). After acquiring other cards with better reward benefits, I have been using this card not as quite often and have been ending up paying around Rs 590 (incl gst) p.a. Given a choice I prefer using my ICICI APay card over this one.

Last week I called up the CC to terminate the card and they connected me to the concerned deptt. and the 1st thing they asked me if I would retain the card if it is made LTF. I agreed due to the relatively higher credit limit on the card and the long-standing relationship. Doesn’t hurt, eh? wink

Also this card offers me a few benefits over the ICICI A-pay card already posted by OP.

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