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ICICI Bank
Amazon Pay ICICI Credit Card
- Joining fee incl. GST
- Lifetime free
- Renewal fee incl. GST
- Lifetime free
- Conditional welcome value
- —
- Forex markup
- 1.99%
- Interest p.a.
- 45%
- Min income (salaried)
- ₹30,000/mo
Welcome benefits depend on the actual offer and qualifying conditions; points and vouchers are not an automatic cash refund. Offer eligibility and deadlines vary; no fixed welcome value is assumed.
Read our editorial review. The verdict, the working behind the numbers, and who should skip it.Read the review ↓How this card earns
Reward rates with their qualifying conditions and caps. Use the calculator for a combined estimate.
What still needs confirmation
- Transaction-level exclusions, charges and promotional eligibility remain subject to the linked MITC; estimated rewards exclude these charges.
| Spend category | Reward rate | Reward limit |
|---|---|---|
Online shopping Only the qualifying merchants or payment route below Eligible Amazon.in purchases by Prime members; exclusions apply. | 5% | No category cap |
Online shopping Only the qualifying merchants or payment route below Eligible Amazon.in purchases without Prime. | 3% | No category cap |
Selected merchants Only the qualifying merchants or payment route below Eligible partner purchases paid through Amazon Pay. | 2% | No category cap |
Other eligible purchases Other eligible purchases. Rewards arrive as Amazon Pay balance, not statement credit. | 1% | No category cap |
Excluded from ordinary earning: Fuel, Rent. Specific qualifying offers, if any, are listed above.
Rates apply only to the merchants and conditions described. Shared ceilings cannot be added across rows. Points and vouchers are valued at the stated redemption assumption; use the spending calculator for a combined estimate.
Fees & charges
Key benefits
- 5% reward points (Amazon Pay balance) on Amazon.in for Prime members
- 3% reward points on Amazon.in for non-Prime members
- 2% reward points at 100+ Amazon Pay partner merchants
- 1% reward points on other eligible retail purchases
- Lifetime free - no joining or annual fee
- Reward points auto-credited as Amazon Pay balance with no expiry
- No-cost EMI on eligible Amazon transactions
- Contactless payment enabled
- No reward points on rent-MCC transactions, which also carry a 1% fee
- 1% transaction fee on education payments made through third-party apps (w.e.f. 15 Nov 2024), on utility payments above Rs.50,000 (w.e.f. 15 Nov 2024), on fuel transactions above Rs.10,000 (w.e.f. 15 Nov 2024), on transportation-MCC transactions above Rs.50,000 (w.e.f. 15 Jan 2026) and on wallet loads of Rs.5,000 or more (w.e.f. 15 Jan 2026); 2% on skill-based gaming (w.e.f. 15 Jan 2026)
- Dynamic currency conversion fee 1.99% (w.e.f. 15 Jan 2026, revised from 1%)
- Card can be replaced up to 3 times; after the 3rd replacement no further card is issued and outstanding reward points are held
What we like
- +Lifetime free card
- +Excellent reward rate on Amazon for Prime members
- +Reward points credited as 1:1 Amazon Pay balance with no expiry
- +Wide merchant acceptance via Visa network
What to watch
- −Best 5% rate restricted to Amazon Prime members
- −Rewards usable only as Amazon Pay balance
- −No lounge access or premium travel benefits
- −Invite-only - not openly available
- −Rent earns no reward points, and 1% transaction fees now apply to third-party-app education payments, large utility, fuel and transportation spends and wallet loads of Rs.5,000 or more
Our full review
A useful option for regular Amazon shoppers: eligible purchases earn 5% for Prime members or 3% without Prime. The reward is Amazon Pay balance, not withdrawable cash. Ordinary eligible purchases elsewhere earn 1%.
Reviewed by Thompson Cherian · how we rate cards · all card reviews
Who this is for, and who should skip it
Regular Amazon shoppers who want a card without a joining or annual fee. Skip it if you want airport lounge access or cash you can transfer to a bank account. A Prime subscription is a separate cost; do not buy one solely on the assumption that every Amazon payment earns 5%.
What the issuer terms say
ICICI’s product page distinguishes eligible Amazon purchases, qualifying Amazon Pay partner payments and other purchases. At ₹10,000 a month of eligible Amazon shopping, 5% produces ₹6,000 a year; 3% produces ₹3,600. The same spending at ordinary eligible retailers earns ₹1,200 at 1%. The 2% partner rate requires a qualifying Amazon Pay payment; it is not the rate on every offline purchase.
What it earns you — the maths
These are total monthly budgets, not necessarily amounts charged entirely to this card. They repeat for a full year, with card bills paid in full. UPI is separate from the other categories; a non-RuPay card earns nothing on that part. No specific shopping app, bill-payment channel or travel portal is assumed. Select those in the calculator if you use them. Annual reward value is expressed in rupees, not in points.
| Profile | Monthly budget | Annual reward value (₹) | First-year net value | Renewal-year net value |
|---|---|---|---|---|
| Everyday spender | ₹35,000 | ₹3,120 | ₹3,120 | ₹3,120 |
| Online-first shopper | ₹55,000 | ₹5,640 | ₹5,640 | ₹5,640 |
| Frequent traveller | ₹1,10,000 | ₹10,440 | ₹10,440 | ₹10,440 |
Reading the table: a negative net value is a cost. First year = rewards + eligible first-year milestones − joining fee including GST. Renewal year = rewards + eligible annual milestones − renewal fee including GST, with a modelled spend waiver where earned. Welcome offers are excluded until their conditions are confirmed. Milestone vouchers are assumed usable at face value; reduce their value if you would not use them.
- Everyday spender, renewal year: ₹3,120 reward value + ₹0 milestones − ₹0 fee = ₹3,120.
- Online-first shopper, renewal year: ₹5,640 reward value + ₹0 milestones − ₹0 fee = ₹5,640.
- Frequent traveller, renewal year: ₹10,440 reward value + ₹0 milestones − ₹0 fee = ₹10,440.
The monthly splits, in the order groceries / online shopping / dining / fuel / travel / bills / UPI, are:
- Everyday spender: ₹9,000 / ₹7,000 / ₹4,000 / ₹3,000 / ₹2,000 / ₹4,000 / ₹6,000.
- Online-first shopper: ₹8,000 / ₹22,000 / ₹8,000 / ₹3,000 / ₹4,000 / ₹5,000 / ₹5,000.
- Frequent traveller: ₹12,000 / ₹15,000 / ₹12,000 / ₹6,000 / ₹40,000 / ₹8,000 / ₹17,000.
Points are converted at the comparison values, which can differ from cash redemption. These estimates exclude redemption fees, transaction rounding, refunds, financing costs and benefits such as lounges or insurance. Merchant exclusions and transaction timing can change the result.
The fee and renewal decision
The standard joining fee is ₹0 + GST = ₹0. The standard renewal fee is ₹0 + GST = ₹0. Lifetime free; no joining or annual fee A welcome voucher is a restricted benefit, not an automatic refund of the fee or GST. Compare the first-year cost separately from the cost of renewal. Check your own offer if it says lifetime free or first year free.
The important conditions
Amazon Pay balance can be used on Amazon and supported partner services. It is not restricted to one shop, but it also cannot simply be withdrawn as cash. Fuel and excluded payment types do not earn the ordinary purchase rate. The bank publishes a ₹30,000 monthly income criterion; approval still depends on its assessment.
Alternatives
SBI Cashback covers eligible online merchants more broadly but charges a fee and has monthly caps. Axis ACE may suit ordinary offline purchases and qualifying Google Pay bills.
How we verified this
This is a desk review of issuer material, not a claim of first-hand card ownership. We have removed unsupported generalisations about what other holders report. This review was corrected on 10 September 2026 for the claims discussed above. A review update is not certification of every benefit or future offer. Unresolved calculation coverage is labelled in the examples. Use the issuer’s dated notice or your specific offer where it differs from a general product page.
The linked issuer material above supports the key earning or eligibility claims. The card’s full details and source list include its other published terms. Our methodology separates editorial opinions from calculated estimates. No customer-review average is claimed.
That is our full read on the Amazon Pay ICICI Credit Card. The terms are ICICI Bank's to change — check the current ones on their page before you apply.
Apply on ICICI Bank →If you apply through our link, we may earn a commission from the issuer at no extra cost to you. It never affects our ratings — how we make money.
Frequently asked
Do I need Prime to earn rewards?
No. Eligible Amazon shopping earns 3% without Prime and 5% with Prime. Other categories follow their own rates.
Do these examples include GST and welcome benefits?
Standard joining and renewal fees include 18% GST in the calculations. First year deducts the joining fee once; renewal year deducts the renewal fee after a modelled spend waiver. Unconfirmed welcome offers are excluded.
Are reward values the same as cash in my bank account?
Not necessarily. Statement cashback, Amazon Pay balance, points, miles and vouchers have different redemption rules. Use the value of the redemption you will actually make, and subtract its charges.
Can I rely on the example to predict my exact statement?
No. It is a monthly estimate with stated assumptions, not a transaction-by-transaction simulation. Merchant codes, caps, excluded payments, refunds, statement dates and rounding can change the result. Use the calculator with your own spending and confirm the issuer’s current terms before applying or renewing.
Amazon Pay ICICI Credit Card head-to-head
The matchups this card is most often weighed against, each settled on net annual value computed for three real spending patterns.
Amazon Pay ICICI Credit Card vs Flipkart Axis Bank Credit Card
The two big e-commerce co-brands — which platform card earns more on how you actually shop?
Amazon Pay ICICI Credit Card vs SBI Card SimplyCLICK
First-card favourites for online shoppers — voucher milestones vs straight Amazon cashback.
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