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As per an announcement from the Kremlin, Putin said thanks to Trump for the CIA's data on the attacks, which were to happen on Saturday at the Kazan Cathedral in St. Petersburg and different territories of the Russian city.
The White House did not disclose details about the plot itself, but said the attack "could have killed large numbers of people".
As the United States has provided valuable intelligence information to Russian Federation, it could be a sign that the exchange of intelligence information between the countries might be restored, Russia's Senior Lawmaker Vladimir Dzhabarov told Sputnik on Sunday.
The pioneers' relationship is muddled by continuous examinations concerning the Trump crusade's connections to Moscow.
Relations between Russian Federation and the USA remain tense.
Russian officials say Putin believes Trump is not to blame for the tensions.
During the first call, they also discussed during ways to work together to address North Korea's nuclear and ballistic weapons program, the White House said.
Putin told Trump the information helped lead to the arrest of terrorists that had planned an attack on the city of St. Petersburg, according to Russia's TASS news agency. The cathedral is a popular tourist site.
In a readout of the call released Sunday afternoon, the White House said Trump "appreciated the call" and "stressed the importance of intelligence cooperation to defeat terrorists wherever they may be".
The conversation is the second phone call between the two leaders since Thursday.
The Russian Federal Security Service, or FSB, said Friday that seven suspected followers of the Islamic State group had been arrested on charges they planned to carry out terror attacks in St. Petersburg this weekend.
"Vladimir Putin assured Donald Trump that the Russian intelligence services upon receipt of information relating to terrorist threats against the U.S. and its citizens, will immediately transmit to its American colleagues in partner channels", the statement added.