ICICI Coral Vs Platinum Chip Credit Card

When discussing basic ICICI Credit Cards, the ICICI Coral and Platinum Chip Cards are among the most popular options offered by the bank. Both cards are highly affordable and aimed at individuals with limited experience in the credit card industry. However, the Coral credit card provides a few more advantages compared to the Platinum Chip Card, but it also charges a higher annual fee. The Platinum Chip Credit Card is a lifetime-free card that comes with a decent rewards program. In contrast, the Coral Credit Card has a nominal annual fee and offers various benefits, including complimentary airport lounge access, exciting dining discounts, and more.

This article will help you compare the two credit cards based on different factors, so you can easily decide which one suits you best. Review all the information provided below, compare the two cards carefully, and choose the one that meets most of your requirements at the lowest cost.

ICICI Coral Credit Card – Overview

The ICICI Coral Credit Card is one of the bank’s most basic yet popular offerings. It comes with an affordable joining/annual fee of ₹500 + GST, providing its customers with an array of benefits across various categories. Get the annual fee waived off by spending ₹1.5 lakhs or more in the previous year. With this card, you can earn up to 4 Reward Points on every ₹100 spent. You can also earn up to 10,000 additional Reward Points every year on achieving the spend milestone. Moreover, you get complimentary airport lounge access to selected domestic airports. Regarding its entertainment benefits, you can avail of a 25% discount up to ₹100 on movie tickets on BookMyShow & Inox twice a month. Here’s a detailed look at the benefits offered by the ICICI Coral Credit Card:

• Reward Points: Earn 2 Reward Points for every ₹100 spent at retail stores and 1 Reward Point for every ₹100 spent on utility and insurance categories.
• Milestone Benefits: Earn 2,000 Reward Points when you spend ₹2 lakhs within a year. After that, receive 1,000 points for every additional ₹1 lakh spent in the same year. The maximum cap on this milestone benefit is 10,000 Reward Points.
• Lounge Access: 1 complimentary domestic lounge access every quarter (on spending ₹5,000 or more in the previous quarter), and one complimentary railway lounge access every quarter.
• Entertainment & Dining: Get a 25% discount (up to ₹100) on movie ticket bookings on BookMyShow & Inox every month. Enjoy up to 15% off on dining with the ICICI Bank Culinary Treats Program.

ICICI Platinum Chip Credit Card – Overview

The ICICI Bank Platinum Chip Credit Card is an entry-level card that comes with a zero annual fee and is designed for individuals new to the world of credit cards. With a similar reward rate as the ICICI Coral Card, this card also earns you up to 2 Reward Points on every ₹100 you spend. However, you don’t receive many additional privileges with this credit card. Nevertheless, it would be a great choice for those who want to start their credit journey with an affordable card offering a decent reward rate. Here are the detailed features and benefits of the ICICI Bank Platinum Chip Credit Card:

• Reward Points: Earn 2 Reward Points for every ₹100 spent on retail purchases, and earn 1 Reward Point for every ₹100 spent on utility and insurance categories.
• Dining Benefits: Enjoy up to 15% off dining at select participating restaurants.

Comparing ICICI Coral & Platinum Chip Credit Card

Bottom Line

While both cards offer similar reward rates, the ICICI Coral Credit Card clearly stands out with additional benefits like complimentary lounge access, movie and dining discounts, and milestone rewards of up to 10,000 bonus points annually. You can also get the annual fee waived on spending ₹1.5 lakh, making it virtually free. In comparison, the Platinum Chip Card offers minimal perks. If you’re choosing between the two, the Coral is the smarter pick for anyone looking for more than just basic rewards.