Amazon Pay ICICI Credit Card
Amazon Pay ICICI Credit Card is a cashback credit card best suited for Amazon Prime members. It offers substantial cashback of up to 5% for purchases made on Amazon along with a decent 1% cashback across all online and offline spends. The card is free for lifetime and you can apply for it via Amazon website/app. Here is all you need to know about the features of this card and how it compares with other cashback credit cards.
Key Highlights of Amazon Pay ICICI Bank Credit Card
| Annual Fee | Nil |
| Best Suited For | Shopping |
| Key Feature | 1% cashback on all transactions |
| Shopping Benefits for Amazon Prime Members | 5% cashback on Amazon spends |
| Shopping Benefits for Amazon Non-Prime Members | 3% cashback on Amazon spends |
Amazon Pay ICICI Bank Credit Card-Features and Benefits
Get Cashback on all your purchases
Amazon Pay ICICI Bank Credit Card offers cashback on all transactions. The different cashback earnings are given below:
| Category | Cashback |
| Amazon Prime Members | 5% cashback on all purchases made on Amazon |
| Amazon Non-Prime Members | 3% cashback on all purchases made on Amazon |
| Amazon Pay Merchants* | 2% cashback on transactions made for flight bookings, recharges, bill payments, gift card, and spends on Amazon Pay partner merchants |
| Other Spends | 1% cashback |
*Amazon Partner merchants include brands like Yatra, BookMyShow, FreshMenu, Faasos, Byju’s, Urban Ladder etc.
On average, the card is decent as a cashback credit card but is great as a credit card used for shopping at Amazon.
*Please note that the cashback earned will be in the form of Amazon Pay Balance.
Things to Note-
- You can view the earnings for the past billing cycles in your Credit Card statement issued by ICICI Bank
- There are no limits on earnings and no minimum redemption amount or fees on redeeming earnings
- E-books, Gift Cards (both physical and digital), Amazon Pay Money load and auto-reload, bill payments, mobile and DTH recharges will earn 2% back irrespective of the Prime status of the cardholder
- No cashback is given on gold and Equated Monthly Instalment (EMI) purchases on Amazon and for fuel purchase
No Joining and Annual Fee
Amazon Pay ICICI Bank Credit Card is lifetime-free, which means that the card charges zero annual or joining fee. If you do not wish to pay annual fee for your credit card but still wish for cashback in return, this card can be the best option.
Other benefits of Amazon Pay ICICI Credit Card
With Amazon Pay ICICI Bank Credit Card, you get the following additional benefits:
- 1% waiver on fuel surcharge across all petrol pumps in India
- Chip and PIN facility which enables a secure transaction at POS (Point Of Sale) and ATMs
- No cost EMIs are provided to users who purchase items on Amazon that are worth more than Rs. 3,000. No cost EMIs come with a tenure of only 3 and 6 months
| SUITED FOR | NOT SUITED FOR |
|---|---|
| 1. Frequent Amazon shoppers 2. People who love to shop online and are looking for cashback | 1. People who shop at different merchants other than Amazon 2. People who prefer in-store shopping |
Amazon ICICI Credit Card Vs. Flipkart Axis Bank Credit Card
| Basis of Difference | Amazon Pay ICICI Bank Credit Card | Flipkart Axis Bank Credit Card |
|---|---|---|
| Annual Fee | Nil | Rs. 500 |
| Extra Cashback | Extra cashback for Prime Members | Same Cashback rate for all users |
| Universal Cashback | 1% | 1.5% |
| Cashback on Partner Brands | 2% cashback on Amazon Pay partner merchants | 4% cashback with Flipkart’s partner brands |
| Lounge Visit | No complimentary lounge visit | 4 complimentary visits per year to domestic airport lounge |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver across all petrol pumps | 1% fuel surcharge waiver up to Rs.500 / month |
Amazon Pay ICICI Bank Credit Card-Fees and Charges
| Category | Amount |
|---|---|
| Joining Fee | Nil |
| Renewal Fee | Nil |
| Finance Charges | 3.5% to 3.8% P.M. / 42% – 45.6% P.A. |
| Late Payment Charges | For Statement Balance:
|