ICICI Coral Credit Card against Fixed Deposit

Chip and PIN card: This is a unique chip card that comes with a PIN (Personal Identification Number) for additional security. While making purchases at merchant outlets, the cardholder will have to provide the PIN to authorize the transaction.

Assured Credit Card: This is an assured credit card. Customers who have a fixed deposit with the bank can avail this card instantly. They need not submit their income documents again.

Eligibility

1. Individuals who are over 18 years old and has an ICICI Bank Fixed Deposit with funds worth Rs. 50,000 or more as deposit can apply.
2. The minimum tenure of the fixed deposit should be at least 180 days.
3. The Fixed Deposit should not be Quantum/ Linked/NR/80C
4. Income Documents not required

Fees and charges

Joining Fee	Rs. 500 + service tax
Annual Fee	Rs. 500 + service tax

Credit cards make payments easy for all expenses online and offline while offering various benefits

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FAQs on ICICI Coral Credit Card against Fixed Deposit

• How long is my ICICI Bank Coral Credit Card against Fixed Deposit valid?

  In order to continue enjoying the privileges and benefits associated with this credit card, the customer must continue to maintain his/her Fixed Deposit account in ICICI Bank. The fixed deposit can be placed in an auto renewal mode to enable this.

• What happens in case I forget to pay the credit card due amount on time?

  A nominal late payment fee will be charged in case the minimum amount due is not paid within the due date. However, if the cardholder does not pay the credit card dues within 60 days after the payment due date then the outstanding amount will be recovered from his/her Fixed Deposit account.

• Can the annual fee on my credit card be reversed?

  Yes. The annual fee on your card will be reversed when the spends in the previous year is greater than Rs. 1,50,000.