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what is amazon pay icici credit card

Amazon Pay ICICI Bank Credit Card is a co‑branded, lifetime‑free credit card from ICICI Bank and Amazon that gives high cashback (as Amazon Pay balance) on Amazon and Amazon Pay spends, with no joining or annual fee.

What exactly is this card?

  • It’s a cashback credit card where all rewards come as Amazon Pay balance you can spend on Amazon or via Amazon Pay.
  • It is issued by ICICI Bank but is tightly linked to your Amazon account and Amazon Pay wallet.
  • There is usually no joining fee or annual fee, making it a “lifetime free” card for most users.

Key benefits at a glance

  • 5% back on Amazon purchases for Prime members (credited as Amazon Pay balance).
  • 3% back on Amazon purchases for non‑Prime members.
  • 2% back on spends at Amazon Pay partner merchants when you “Login and Pay with Amazon”.
  • 1% back on most other eligible spends, plus 1% fuel surcharge waiver at fuel stations (up to issuer‑defined limits).
  • Rewards never expire and are auto‑credited every billing cycle as Amazon Pay balance; no manual redemption needed.
  • No‑cost EMI on eligible Amazon.in purchases for select tenures (like 3 months, sometimes 6 months on specific offers).

Fees, charges, and basic terms

  • Joining fee: ₹0 (nil).
  • Annual/renewal fee: ₹0 (nil), so you can keep the card without worrying about yearly charges.
  • Interest‑free period: typically about 18–48 days, depending on your billing cycle and transaction date.
  • Forex markup: lower than many entry‑level cards, around 1.99% on international transactions (plus GST, subject to change).

In practice, most users treat this card as a default option for Amazon orders and Amazon Pay payments, and then keep another card for big offline or travel spends.

Who is this card best for?

  • Regular Amazon shoppers, especially Prime members, who place frequent orders for essentials, electronics, and lifestyle products.
  • Users who pay bills, recharge, and shop at merchants using Amazon Pay (Swiggy, BigBasket, etc., depending on current partners).
  • Beginners who want a simple, lifetime‑free credit card to start building their credit profile while getting meaningful rewards.

Mini example: how the cashback works

Imagine you are a Prime member and in one month you:

  • Spend ₹10,000 on Amazon.in
  • Spend ₹3,000 at Amazon Pay partner merchants
  • Spend ₹7,000 on other regular card purchases

Your approximate rewards:

  • Amazon: 5% of ₹10,000 = ₹500 as Amazon Pay balance.
  • Partner merchants: 2% of ₹3,000 = ₹60.
  • Other spends: 1% of ₹7,000 = ₹70.

Total: ₹630 Amazon Pay balance for that month, auto‑credited after the statement is generated.

Bottom note: Information gathered from public forums or data available on the internet and portrayed here.