The Amazon Pay ICICI Bank Credit Card has become one of the most popular credit cards in India, especially for online shoppers and Amazon Prime members. This co-branded card, launched in partnership between ICICI Bank and Amazon India, provides exceptional cashback benefits, making it a must-have for anyone who shops frequently on Amazon.
📋 Quick Quiz: Is This Card Right for You?
Overview of the Amazon Pay ICICI Bank Credit Card
| Feature | Details |
|---|---|
| Card Type | Co-branded Shopping Credit Card (Visa Network) |
| Joining Fee | Nil |
| Annual Fee | Lifetime Free |
| Best Suited For | Online Shopping (Amazon India) |
| Reward Type | Cashback (credited as Amazon Pay balance) |
| Eligibility Criteria | Minimum monthly income: ₹25,000 (ICICI customers) / ₹35,000 (Others) |
| Application Mode | Online via Amazon or ICICI Bank website |
Key Features and Benefits
1. Cashback Benefits
The cashback structure is one of the card’s most compelling aspects:
Cashback Calculator
- 5% Cashback for Amazon Prime members on Amazon purchases.
- 3% Cashback for non-Prime members on Amazon purchases.
- 2% Cashback on over 100 partner merchants (when using Amazon Pay).
- 1% Cashback on all other transactions, excluding fuel purchases.
Cashback Table
| Category | Cashback | Eligibility |
|---|---|---|
| Amazon Purchases | 5% | Amazon Prime Members |
| Amazon Purchases | 3% | Non-Prime Members |
| Partner Merchants | 2% | Using Amazon Pay option |
| Other Purchases | 1% | Online and Offline transactions (except fuel) |
Note: Cashback on Amazon is limited to purchases on Amazon India (amazon.in). Certain exclusions apply, such as gift cards, gold purchases, and EMI transactions.
2. Welcome Benefits
New cardholders can enjoy a host of cashback offers totaling up to ₹2,000:
- 50% cashback up to ₹100 on prepaid recharges.
- 100% cashback up to ₹200 on Amazon shopping.
- 25% cashback up to ₹350 on postpaid recharges.
- Cashback on utility bill payments, DTH recharges, broadband recharges, and gas cylinder bookings.
3. Dining Privileges
As part of ICICI Bank’s Culinary Treats program, enjoy:
- A 15% discount at participating restaurants across India.
4. Fuel Surcharge Waiver
- 1% waiver on fuel transactions at all fuel stations in India (transaction value up to ₹4,000).
5. Reward Redemption
- Reward Points earned are automatically converted to Amazon Pay balance at the end of the billing cycle.
- Conversion Rate: 1 Reward Point = ₹1.
- Usage: Amazon Pay balance can be used for purchases on Amazon or at partner merchants accepting Amazon Pay.
Fees and Charges
| Fee/Charge | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil (Lifetime Free) |
| Interest Rate | 3.5%–3.8% per month (42%–45.6% annually) |
| Cash Advance Fee | 2.5% of transaction amount (min ₹500) |
| Foreign Currency Mark-up | 3.5% of the transaction amount |
Eligibility Criteria
| Customer Type | Minimum Monthly Income |
|---|---|
| ICICI Bank Customers | ₹25,000 |
| Non-ICICI Bank Customers | ₹35,000 |
How to Apply
1. Application Process
- Apply via Amazon or the ICICI Bank website.
- Complete KYC verification via:
- Video Mode: Upload PAN and Aadhaar details; verification done via video call.
- Offline Mode: A bank representative visits your address to verify documents.
2. Check Application Status
- Log in to your Amazon account.
- Visit the Amazon Pay ICICI Credit Card page.
- Click on “Check Application Status.”
Comparison with Competitors
| Feature | Amazon Pay ICICI Card | SBI SimplyCLICK Card | HDFC Millennia Card | Flipkart Axis Bank Card |
|---|---|---|---|---|
| Reward Rate | 5% on Amazon for Prime | 10 RP/₹100 at partners | 5% cashback at select sites | 5% cashback on Flipkart |
| Annual Fee | Free | ₹499 (waived on ₹1 lakh spend) | ₹1,000 (waived on ₹1 lakh spend) | Free |
| Travel Benefits | None | None | Lounge access | Lounge access |
| Dining Discount | 15% | None | None | None |
Pros and Cons
Pros:
- Lifetime Free: No joining or renewal fees.
- High Cashback: Up to 5% on Amazon purchases.
- Seamless Redemption: Automatic conversion to Amazon Pay balance.
- Dining Benefits: 15% discount at select restaurants.
- Fuel Savings: 1% surcharge waiver.
Cons:
- Limited Rewards on Non-Amazon Spends: Only 1% cashback.
- No Travel Benefits: No lounge access or air miles.
- Foreign Mark-up Fee: Slightly high at 3.5%.
Who Should Get This Card?
This card is ideal for:
- Frequent Amazon shoppers (especially Prime members).
- Individuals seeking a lifetime-free card.
- Those who want simple cashback rewards without the hassle of manual redemption.
Final Verdict
The Amazon Pay ICICI Bank Credit Card is a standout option for online shoppers and Amazon Prime members. Its simple cashback structure, no fees, and seamless rewards redemption make it a highly attractive choice. However, it may not suit frequent travelers or those seeking diverse rewards beyond cashback.
If you’re a shopaholic on Amazon, this card is a no-brainer. For others, exploring alternatives like the Flipkart Axis Bank Credit Card or HDFC Millennia Card might be worth considering.
FAQs
- Is the Amazon Pay ICICI Bank Credit Card free? Yes, this is a lifetime-free credit card with no joining or renewal fees.
- Can I use this card internationally? Yes, but a 3.5% foreign transaction fee applies.
- How do I redeem my cashback? Cashback is automatically credited as Amazon Pay balance at the end of each billing cycle.
