I’m interested in getting the ICICI Coral Credit Card, but I’d prefer not to pay the annual fee. I’ve heard that some banks offer credit cards as Lifetime Free (LTF) under special promotions. Is the ICICI Coral Credit Card ever offered as LTF? If so, what are the eligibility criteria—do I need to have a salary account with ICICI, maintain a high relationship value, or apply through specific channels? Are there any special conditions, such as a limited-time offer, corporate tie-ups, or relationship-based approvals? Also, if I get the card with an annual fee, is there any way to convert it to Lifetime Free later?
The ICICI Coral Credit Card doesn’t typically come as a Lifetime Free (LTF) offer by default, but it’s definitely possible to get it that way under certain conditions. If you have a salary account with ICICI Bank, especially if it’s in a premium category, you might qualify for the card as LTF. ICICI also sometimes runs special promotions where the card can be offered without the annual fee, particularly through online platforms or in partnership with certain companies. So, if your company has a corporate tie-up with ICICI, you might be able to snag the Coral card with no annual charges.
If you’re already holding the paid version of the card, getting it converted to LTF can be a bit tricky. Some people have had luck by calling up customer care and asking for a fee waiver, especially if they have a good history with ICICI or other products with the bank. In some cases, if you’ve been a loyal customer, they might offer a fee waiver or even upgrade you to another card variant with better perks. If you’re not able to get it as LTF, another solid option to consider, if you’re looking for no annual fees, is the Amazon Pay ICICI Credit Card, which doesn’t have any annual fee and offers cashback on all spends.
The ICICI Coral Credit Card is not inherently a Lifetime free (LTF) card, it has a joining fee of Rs. 500 and annual Fee of Rs. 500 which can be waived if you spend more than Rs. 1.5 lakh in a year.
- Alumni Program for premier Institution: ICICI Bank offers a special Alumni Program for graduates from premier institutions like IITs, IIMs, NITs, etc. Eligible alumni can apply for the Corel, Rubyx, or Sapphiro credit cards with no joining fees.
- Existing ICICI Bank customers: If you have salary account or a FD, you might be eligible for the Corel Credit card as LTF.
- Special Promotions and online offers: ICICI Bank occasionally runs promotional campaigns where the Credit Card is offered as Lifetime free.
- RuPay Variant for existing cardholders: The Corel Rupay Credit Card is available as a Lifetime free option for current ICICI customers.