Amazon Pay ICICI Bank Credit Card Review

In today’s digital world, where things move quickly, credit cards have become a necessary part of modern life. For all of your purchases, bill-paying, and reward-earning, credit cards are considered a staple these days. One among the available credit cards in the market, Amazon Pay ICICI Bank Credit Card is so special because of its smooth integration with the Amazon and Amazon Pay ecosystem. It provides great cashback, discounts as well as rewards to its cardholders, especially for those who shop frequently at Amazon or those who transact using Amazon Pay. upGradThe Amazon Pay ICICI Bank Credit Card is a credit card offered by Amazon Pay in partnership with ICICI Bank exclusively to Amazon users in India.

The Amazon Pay ICICI Bank Credit Card at a glance

What is the Amazon Pay ICICI Bank Credit Card? It has been structured to be most beneficial for those Amazon customers who frequently shop (for a variety of product categories) on Amazon and transact using Amazon Pay. The credit card offers a variety of benefits, such as cashback, exclusive offers and discounts. This card is unique due to its link to the Amazon ecosystem, so it’s great for the frequent Amazon shopper.

Another of Amazon Pay ICICI Bank Credit Card’s selling point is that it is lifetime free – implying no joining or annual fee. That makes it very appealing for those customers interested in earning rewards, but not interested in paying for the privilege of holding the card.

Highlights of Amazon Pay ICICI Bank Credit Card

Before we get into the benefits, here are some of the core features of Amazon Pay ICICI Bank Credit Card that make this a preferred card for many people:

Lifetime Free Card

The Amazon Pay ICICI Bank Credit Card is lifetime free, so you don’t have to ever pay joining or renewal fees. This is a nice bonus for people who don’t want to feel bogged down with an annual fee but do want to enjoy some of the benefits that come along with the card.

Reward Points System

Cardmembers get Reward Points for all spending done. You get 5% (if you are an Amazon Prime member) or 3% (if you aren't) on Amazon and Amazon Pay partner merchants when you spend ₹100 or more.

On all other retail spending, you will collect cashback at a rate of 1%.

The cashback is offered be in the form of Amazon Pay balance and it can be used for purchasing more items on Amazon, or on 100,000+ merchants that accept Amazon Pay.

No Joining Fee and Annual Fee

As already mentioned, the Amazon Pay ICICI Bank Credit Card is a lifetime free credit card, which means you are not charged any joining fee or annual fees. This is a huge advantage, unlike most other premium credit cards that have a high fee every year.

Instant Issuance with Video KYC

One of the stand-out benefits of the Amazon Pay ICICI Bank Credit Card is the instant issuance of a Credit Card to eligible customers using a video KYC. This is to say you can have your card just after a few minutes of process without waiting for a physical verification.

Benefits on the Amazon Pay ICICI Bank credit card

Be it as they may, let us see what really sets this Amazon Pay ICICI Bank Credit Card apart:

Cashback on Amazon Purchases

Prime Members: For you ultra convenient prime members of Amazon, you earn 5% cashback on all spending at Amazon! in which you can use for your next purchase using Amazon Pay Balance. One of the best cash back rates for Amazon shoppers, with this card you will be rewarded every time you make a purchase on the platform.

Non-Prime Members: If you aren’t a Prime member, you still get 3% cash back on all Amazon purchases. It’s a much lower rate compared to what Prime members receive, but it’s an easy way to receive cashback on something you were intending to buy anyway.

Cashback at the Amazon Pay Partner merchants

You’ll also get 2% cash back on orders placed with Amazon Pay partners. That also includes a variety of outlets such as food delivery apps, utility bill payments, mobile recharges and so on. Amazon Pay ecosystem is quite extensive and with this card you will get cashback across a number of categories quite easily.

Cashback on All Other Purchases

Cardholders will earn cashback of 1% on all other shopping using the Amazon Pay ICICI Bank Credit Card. This is a reliable cashback rate that makes sure you get rewarded for almost anything you buy, whether it’s at Amazon or not.

Welcome Benefits

Customers who join the Amazon Pay ICICI Bank Credit Card enjoy welcome cashback of ₹2,500 for Prime members and ₹1,500 for non-Prime members. That is a nice way to get new cardholders using the card and to receive something immediately as value of the card for their annual fee.

Discounts and Offers

The Amazon Pay ICICI Bank Credit Card also offers exclusive discount and deals on Amazon and partner merchants. For instance, you can nab discounts on travel bookings, food delivery, online shopping and more. These offers are continually refreshed, so cardholders always have something to look forward to.

Dining and Fuel Benefits

Dining Offers

Dining deals might not be all that strong compared to other premium cards, but there are discounts and cashback accepted at certain restaurants within the Amazon Pay ecosystem. Cardholders are entitled to discounts when they make payments for meals at the card's partnered dining establishments.

Fuel Surcharge Waiver

The card provides for a 1% fuel surcharge waiver (for fuel purchases in petrol bunks across India). This offer is valid on transactions worth ₹400 to ₹4,000. Yes, it’s not as generous as other credit cards’ offers, but it’s a nice feature for people who drive often.

Amazon Pay ICICI Bank Credit Card Eligibility Criteria

Eligibility Criteria

To be eligible for the Amazon Pay ICICI Bank Credit Card, you need to meet the following eligibility criteria:

• Age: Applicant shall not be less than 18 years and not more than 60 years of age.
  
  
• Income: You need to have a minimum monthly income of ₹25,000 for salaried employees. For the self-employed, the minimum annual income needed is ₹3 lakh.
  
  
• Credit Score: A credit score of around 750 should be the ideal in your bank’s system to approve your loan.
  
  

Pros & Cons of Amazon Pay ICICI Bank Credit Card

Pros

• Lifetime Free: No joining or annual fee so its pocket friendly for everyone.
  
  
• High Cashback Rates: Up to 5% cashback on Amazon, 2% on Amazon Pay transactions on partner merchants.
  
  
• Instant Card Issuance: Apply online & get your card instantly via video KYC.
  
  
• No Minimum Spend: Get cash back (and more) as long as you have an open, active Costco membership.
  
  

Cons

• Restricted Dining Opportunities: The dining perks are somewhat restricted in comparison to the dining perks of other premium cards.
  
  
• Higher Cashback Within Amazon Pay Ecosystem: Earn higher cashback only when you shop on Amazon and partner merchants using Amazon Pay.
  
  
• No Cashback on Fuel Transactions: There is no a cashback on the fuel purchased through the card, though, it is a let-down as a lot of you spend a significant amount of the amount on fuel.
  
  

Final Thoughts

The Amazon Pay ICICI Bank Credit Card is a good option for users who do a lot of shopping on Amazon as well as users who frequently make payments through Amazon Pay. Amazon cashback - though Lifetime Free, I liked its fantastic cashback mechanism along with seamless incorporation with Amazon.) So whether you are buying tech or groceries, or paying bills, this card stands out as a guarantee that you will be rewarded.

If you’re a person who prefers to buy things from Amazon and also utilize Amazon Pay for other transactions, the Amazon Pay ICICI Bank Credit Card is designed to make your shopping experience rewarding with cashback and discounts.

It doesn’t offer you luxury benefits such as airport lounge access or dining privileges, but the card is notable for its great cashback returns, convenience and familiarity for those in the Amazon ecosystem. If you’re eligible, this card could be a great addition to your arsenal.