ICICI Coral vs HDFC MoneyBack+
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
HDFC MoneyBack+ wins 4-2. Entry-level cashback with very low waiver bar. ICICI Coral is still the right call if entry-tier card, easy approval, decent base earning, low fee..
Side-by-side
| Criterion | ICICI Coral | HDFC MoneyBack+ |
|---|---|---|
| Annual fee | = ₹500 | = ₹500 |
| Joining fee | = ₹500 | = ₹500 |
| Top reward rate | · 1% (general) | 5% (shopping) |
| Base reward rate | · 1% | 2% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | · N/A | 500 CashPoints on first transaction |
| Fee waiver threshold | · ₹150,000 / yr | ₹50,000 / yr |
| Min income | = ₹240,000 | = ₹240,000 |
| Min credit score | 700 | · 720 |
| Editorial rating | 4.2/5 | · 4.1/5 |
Benefits compared
ICICI Coral
- 2 ICICI Bank Reward Points per ₹100 (no points on fuel)
- Milestone: 2,000 reward points at ₹2L spend, +1,000 per additional ₹1L, up to 10,000 per year
- 4 complimentary domestic lounge visits per year
- 15% off at 2,500+ partner restaurants (Culinary Treats)
- 1% fuel surcharge waiver
- Free movie tickets via BookMyShow (buy-1-get-1)
HDFC MoneyBack+
- 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
- 2% on EMI transactions
- 1 fuel surcharge waiver
- Quarterly milestone vouchers
FAQ
›ICICI Coral vs HDFC MoneyBack+: which is better?
HDFC MoneyBack+ wins on more dimensions (4 vs 2). But the right answer depends on your specific spending pattern. Run your own monthly spend through the maximizer to see which one pays you more.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use ICICI Coral for its best categories, HDFC MoneyBack+ for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
ICICI Coral doesn't list a welcome bonus. HDFC MoneyBack+: 500 CashPoints on first transaction.