Icici Bank Coral Plus Debit Card - Benefits, Charges and Eligibility

Icici Bank Coral Plus Debit Card Overview

ICICI Bank presents to you Coral+ Debit Card, a unique and premium debit card that comes with more benefits and convenience. The latest addition in the "Gemstone Collection", Coral+ Debit Card offers enriching features in diverse segments like entertainment, travel, e-commerce, healthcare, loyalty programme and much more!

Icici Bank Coral Plus Debit Card Features

  • Issued under VISA platform
  • Cashless Shopping
  • Use your Card on the internet for buying travel or movie tickets, paying your bills and much more
  • Receive instant SMS alerts on transaction made on your Card
  • Allows you to track your spends on a regular basis. The details of the purchases made on your card, along with the date, merchant's name and amount are mentioned in your bank statement

Icici Bank Coral Plus Debit Card Eligibility

All customers holding an account with ICICI bank are eligible for this card. Existing eligible customers can also upgrade the accounts to apply for this card.

Icici Bank Coral Plus Debit Card Fees & Charges

  • Monthly Fee: Rs.249/- plus 18% GST every month; Total fee payable for a year is Rs.2,988 plus 18% GST
  • Cancellation Fee: Rs 249 plus 18% GST if card is cancelled within 6 months of issuance
  • PoS/Ecom Transactions: Nil
  • Re-issuance charges: Rs. 200 plus service taxes

Icici Bank Coral Plus Debit Card Benefits

  • Get executive health check-up worth Rs. 3,600 at a discounted price of just Rs. 1,300
  • Use the voucher at any SRL Diagnostics Laboratories in India
  • Also avail 20% discount on any other tests requested along with Executive Health Check-up
  • Wills Lifestyle Gift Certificate worth Rs. 1,000
  • Kaya Skin Clinic Gift Voucher worth Rs. 1,000

What is EMV-Chip Based Debit Card?

EMV stands for Europay MasterCard and Visa, who developed this technology. EMV-chip based debit cards are the debit cards which have embedded microprocessor chip that stores and protects cardholders' information/ data. It uses enhanced security features to protect the important date of the card holders and discourages card's unauthorized usage.

EMV-chip based debit card generates fresh user data every time the user transacts. Therefore, it is impossible for hackers/ fraudsters to steal the information or copy the original data from any card. Further, EMV technology uses your debit card as well as PIN to complete any transaction.

What is a Contactless Debit Card?

Contactless debit card is a sensor embedded new age debit card that works on Near Field Communication (NFC) Technology using Radio Transmission to ascertain contact when the card is brought near a terminal. This enables the customers to make payments up to Rs.5,000 without swiping their cards & entering a PIN.

Benefits of a Contactless Card

  • Fast & Convenient
  • Safe & Secure
  • No chance of losing or misplacing it

The Reserve Bank of India (RBI) has asked all banks in the country to replace magnetic-strip debit/ credit cards with EMV-chip based cards by 31 December 2018 as magnetic cards are quite vulnerable to skimming. Banks have already replaced the existing magnetic strip debit/ credit cards with latest EMV chip cards. Banks will provide it free of cost.