How to Redeem ICICI Coral Credit Card Points — Best Options (2026)
3 redemption options compared. Find the best value for your PAYBACK Points.
Best Redemption Strategy
The real value is in the 2 free BookMyShow tickets per month — this alone can justify the card. PAYBACK points are a secondary benefit.
All Redemption Options
BookMyShow Tickets
Best Value2 free movie tickets per month on ₹300+ spend
Value per point: N/A
PAYBACK Catalog
Products and vouchers
Value per point: ₹0.25
Cashback
Statement credit
Value per point: ₹0.20
Redemption Portal
Open ICICI Bank Rewards Portal →Understanding Point Value
Earn 2 PAYBACK Points per ₹100 spent. Additional points on dining (BookMyShow 2 free tickets/month). Annual fee ₹500.
Frequently Asked Questions
What is the best way to redeem ICICI Coral Credit Card points?
The real value is in the 2 free BookMyShow tickets per month — this alone can justify the card. PAYBACK points are a secondary benefit.
Can I convert ICICI Coral Credit Card points to cash?
Yes, cashback redemption is available but typically offers lower value per point compared to other options.
Is there a minimum points requirement to redeem ICICI Coral Credit Card points?
Minimum redemption requirements vary by option. Check the ICICI Bank rewards portal for specific minimums for each redemption type.
Do ICICI Coral Credit Card points expire?
PAYBACK Points expire 2 years from earning date.