ICICI Bank Coral Credit Card vs ICICI Bank Rubyx Credit CardICICI Bank Coral Credit Card vs ICICI Bank Rubyx Credit Card

ICICI Bank Coral vs ICICI Bank Rubyx Credit Card

ICICI Bank offers two distinct credit cards, namely the ICICI Bank Coral Credit Card and the ICICI Bank Rubyx Credit Card, both belonging to the bank’s gemstone collection. These cards are available in three variants – Visa, Mastercard, and American Express, allowing individuals the flexibility to choose according to their preference. The ICICI Bank Coral Credit Card is tailored to meet daily needs, providing discounts on movie bookings, dinners, and regular rewards for everyday spending. Cardholders also enjoy complimentary access to domestic lounges and railway lounges, along with a fuel surcharge waiver on fuel transactions. Despite a nominal joining fee of Rs. 500, the benefits of this credit card justify the cost.

In contrast, the ICICI Bank Rubyx Credit Card is a premium offering with enticing welcome benefits. Beyond the initial perks, users earn reward points on all expenditures, including international transactions. The card grants complimentary access to airport and railway lounges, discounts on movie tickets, dining bills, and more. Additionally, cardholders receive free golf lessons monthly. The joining fee for this premium credit card is Rs. 3,000, aligning well with the extensive rewards and benefits it offers. Furthermore, the renewal fee can be waived upon reaching a specified annual expenditure using the credit card.

Features and Benefits of ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card

ICICI Bank Coral Credit Card:

1. Exclusive Benefits:

  • Entertainment, travel, and dining privileges.
  • Earn reward points on all transactions.
  • Redeemable against products and vouchers on ICICI Bank Website.
  • Complimentary access to airport and railway lounges.

2. Reward Points:

  • 2 points for every Rs. 100 spent (excluding fuel transactions).
  • 1 point for bills on utilities and insurance.

3. Lounge Access:

  • 1 free airport lounge access for quarterly spending of Rs. 5,000.
  • 4 complimentary railway lounge visits per year.

4. Dining Discounts: 15% off at 2500+ premium restaurants.

5. Movie Discounts: 25% off on BookMyShow and INOX (up to Rs. 100) twice a month.

6. Milestone Benefits:

  • 2,000 Reward Points for spending over Rs. 2 Lakhs.
  • Additional 1,000 Reward Points for every Rs. 1 Lakh spent.
  • Maximum 10,000 bonus points per year.

7. Fuel Surcharge Waiver: 1% waiver at HPCL petrol pumps (up to Rs. 4,000).

8. Joining Fee Waiver: Spend over Rs. 1.50 Lakhs in the previous year.

9. Redemption: Reward points redeemable for products, vouchers, or cash (1 RP = Rs. 0.25).

ICICI Bank Rubyx Credit Card:

1. Premium Features:

  • Gemstone collection for exclusive benefits.
  • Reward points on domestic and international spends.
  • Complimentary airport and railway lounge visits.

2. Welcome Gift: Shopping and travel vouchers worth Rs. 5,000 on payment of joining fees.

3. Reward Points:

  • 4 points for every Rs. 100 on international transactions.
  • 2 points for every Rs. 100 on domestic transactions.
  • 1 point for insurance and utility spends.

4. Lounge Access:

  • 2 complimentary domestic lounge visits per quarter (Visa variant).
  • 1 complimentary visit per quarter with Amex and MasterCard variants.

5. Movie and Dining Discounts:

  • 25% off on BookMyShow and INOX (up to Rs. 150) twice a month.
  • Discounts under ICICI Bank Culinary Treats Program.

6. Golf Benefits: 1 complimentary golf round/lesson for every Rs. 50,000 spent (max 2 rounds/month).

7. Concierge Services: Access to 24×7 concierge services, i-Assist.

8. Milestone Benefits:

  • 3,000 Reward Points for Rs. 3 Lakhs spent.
  • 1,500 Reward Points for every subsequent Rs. 1 Lakh spent.
  • Maximum 15,000 bonus points per year.

9. Fuel Surcharge Waiver: 1% waiver at all fuel stations (up to Rs. 4,000).

10. Redemption: Reward points redeemable for products, vouchers, or cash (1 RP = Rs. 0.25).

Comparison between ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card

ICICI Bank Coral Credit Card:

1. Reward Rate:

  • 2 RPs for every Rs. 100 spent on all transactions (excluding fuel).
  • 1 RP for every Rs. 100 spent on utilities and insurance.
  • 4 RP for every Rs. 100 spent on international transactions.
  • 2 RPs for every Rs. 100 spent on domestic transactions.

2. Reward Redemption:

  • Redeemable rewards for products, vouchers, or cash.
  • 1 RP equals Rs. 0.25.

3. Fuel Surcharge Waiver: 1% fuel surcharge waiver at all HPCL fuel stations.

4. Welcome Benefits: Not Applicable.

5. Dining Benefits: 15% discount on dining bills under the ICICI Bank Culinary Treats Program.

6. Milestone Benefits: 2,000 RP on spending Rs. 2 Lakhs; 1,000 RP for every Rs. 1 Lakh thereafter in an anniversary year.

7. Lounge Access: 1 visit per quarter on spending at least Rs. 5,000 in the last quarter.

8. Railway Lounge Access: 1 complimentary railway lounge access per quarter.

9. Golf Benefits: Not Applicable.

10. Movie Benefits: 25% off (max Rs. 100) on the purchase of 2 movie tickets via INOX and BookMyShow.

11. Fees:

  • Joining Fee: Rs. 500 + Taxes.
  • Renewal Fee: Rs. 500 + Taxes (waived off on spending more than Rs. 1.5 Lakhs in the previous year).

12. Eligibility:

  • Issued to salaried and self-employed individuals.
  • Primary cardholder should be 23 years or older.
  • Minimum net income as per ITR: Rs. 5 Lakhs.

ICICI Bank Rubyx Credit Card:

1. Reward Rate:

  • 2 RPs for every Rs. 100 spent on all transactions (excluding fuel).
  • 1 RP for every Rs. 100 spent on utilities and insurance.

2. Reward Redemption:

  • Redeemable rewards for products, vouchers, or cash.
  • 1 RP equals Rs. 0.25.

3. Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations.

4. Welcome Benefits: Travel and shopping vouchers worth Rs. 5,000 or more.

5. Dining Benefits: Exciting discount on dining bills under the ICICI Bank Culinary Treats Program.

6. Milestone Benefits: 3,000 RP on spending Rs. 3 Lakhs; 1,500 RP for every Rs. 1 Lakh thereafter in an anniversary year.

7. Lounge Access:

  • 2 visits per quarter with Visa Variant.
  • 1-1 visit each with Mastercard and Visa Variant on spending Rs. 5,000 with your card in the previous quarter.

8. Railway Lounge Access: Complimentary railway lounge access every quarter (2).

9. Golf Benefits: A complimentary golf round/lesson on every Rs. 50,000 spent in the last year.

10. Movie Benefits: 25% off (max Rs. 150) on the purchase of 2 movie tickets via INOX and BookMyShow (individually).

11. Fees:

  • Joining Fee: Rs. 3,000 + Taxes.
  • Renewal Fee: Rs. 2,000 + Taxes (waived off on spending over Rs. 3 Lakhs in the previous year).

12. Eligibility:

  • Issued to salaried individuals aged 21 to 65 with an income of more than Rs. 50,000 per month.
  • Also available to self-employed applicants aged 21 to 65 with an income of Rs. 5.5 Lakhs or more.

Which credit card suits you best?

  1. ICICI Bank offers two credit cards, each with the opportunity to earn reward points on various transactions.
  2. The ICICI Bank Coral Credit Card, an entry-level option, provides valuable perks like domestic and railway lounge access, movie and dining discounts, despite its lower joining fee.
  3. On the other hand, the ICICI Bank Rubyx Credit Card, a premium choice, offers substantial reward points for both international and domestic spending.
  4. The Rubyx Credit Card includes complimentary lounge access during air and rail travel, along with exclusive benefits such as insurance coverage and concierge services.
  5. Customers need to decide between the two cards based on individual deals, affordability, and preferences for specific rewards and benefits.

Frequently Asked Questions (FAQs)

1. Q: What are the key differences between ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card?

A: The Coral Credit Card is considered entry-level, offering domestic lounge access, railway lounge access, and discounts on movies and dining. Rubyx Credit Card is premium, providing substantial rewards on both international and domestic spending, along with exclusive benefits like insurance covers and concierge services.

2. Q: What is the joining fee for ICICI Bank Coral Credit Card and how does it compare to its benefits?

A: While the Coral Credit Card charges a joining fee, it offers significant value-added benefits, including lounge access and discounts on entertainment and dining, making it worthwhile for many users.

3. Q: What distinguishes ICICI Bank Rubyx Credit Card as a premium option?

A: Rubyx Credit Card is a premium choice with higher reward points on international and domestic spending. It comes with complimentary lounge access during air and rail travel, along with exclusive perks like insurance coverage and concierge services.

4. Q: Can I earn reward points on both ICICI Bank Coral and Rubyx Credit Cards?

A: Yes, both credit cards offer the opportunity to earn reward points on various transactions, although the rate and benefits may differ.

5. Q: Which card is more suitable for frequent travelers?

A: ICICI Bank Rubyx Credit Card is more suitable for frequent travelers, offering complimentary lounge access during both air and rail travel, enhancing the overall travel experience.

6. Q: How should I choose between the two credit cards?

A: The choice depends on individual preferences, usage patterns, and affordability. Consider the specific benefits offered by each card and choose the one that aligns with your needs and financial comfort.

7. Q: Are there any additional fees or charges associated with these credit cards?

A: Both cards may have associated fees and charges, including annual fees and interest rates. It’s essential to review the terms and conditions of each card before making a decision.

8. Q: Do these credit cards provide any insurance benefits?

A: Yes, ICICI Bank Rubyx Credit Card offers insurance covers as part of its exclusive benefits, providing added security and coverage for cardholders.

9. Q: Can I use ICICI Bank Coral Credit Card and ICICI Bank Rubyx Credit Card internationally?

A: Both credit cards can be used internationally. However, Rubyx Credit Card may offer more favorable rewards and benefits for international spending.

10. Q: Can I switch from one card to another after getting it?

A: While it’s advisable to check with ICICI Bank directly, some credit card providers allow cardholders to upgrade or switch to a different card within their product range based on eligibility criteria.

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