The ICICI Bank in association with Amazon India launched the Amazon Pay ICICI Credit Card as a new addition to its collection of credit cards to serve online shoppers. This Visa credit card upon its launch became the most sought-after card all over India. It started as an invite-only offer to specific customers but later became available to everyone, with amazing cashback rewards that are credited to users’ Amazon Pay balance. The card has no enrollment or renewal fee, unlike other credit cards which makes it cool for users who just want the privilege of shopping on Amazon.
One of the main benefits of using the Amazon Pay ICICI Credit Card is the fact that Amazon Prime members get even greater rewards in cashback of up to 5% for every purchase made on the Amazon platform. On the other hand, diners get to enjoy an incredible minimum discount of 15% on all dining bills at selected restaurants in the ICICI Bank Culinary Treats Scheme which is a great way to dine and save. Also, the Amazon Pay ICICI Credit Card offers users a 1% fuel surcharge across all stations in India.
Contents
Amazon Pay ICICI Credit Card Review
| Purpose | Shopping & Cashback |
| Joining/ Renewal Fee | None |
| Eligibility | · ICICI Bank Customers
Monthly Net Income: Rs. 25,000 Age: 18 – 70 years and above · Non-ICICI Bank Customers Monthly Net Income: Rs. 35,000 Age: 18 – 70 years and above |
| Credit Card Type | Cashback |
| Benefits | · Zero joining fee or annual charges
· Free lifetime credit card · Up to Rs. 1,500 worth of welcome benefits · Free Membership for Amazon Prime for up to 3 months · 1% fuel surcharge waiver at all petrol stations in India · 15% minimum discount at over 2,500 restaurants across India with EasyDiner · 5% cash back for members of Amazon Prime on all purchases via the Amazon site · 3% cashback reward for non-Amazon Prime members · 2% cashback on partner brands & 1% cashback on all other payments except fuel purchases |
Features and Benefits of Amazon Pay ICICI Credit Card
The Amazon Pay ICICI Credit Card is solely an entry-level credit card for new cardholders who would like to enjoy the privileges that come with shopping on Amazon and dining at restaurants. Due to the fact it is a partnership between Amazon India and ICICI Bank India, they specifically designed the card to cater to online shoppers with high reward offers for payments on Amazon.
It is essentially best for users with Amazon Prime members but also grants new cardholders Prime membership for up to 3 months. This card does not come with the many benefits of a premium card but it is surely a must-have for loyal Amazon customers especially those with Prime memberships. Some of the amazing rewards that cardholders can enjoy include the following:
- The Amazon Pay ICICI Credit Card provides impressive advantages, including a welcome bonus of up to Rs. 1,500 and a 3-month Amazon Prime membership, enhancing your card experience as you shop across Amazon platforms.
- You get to enjoy up to Rs.150 off your first shopping on Amazon or first bill payments using the card.
- 5% cashback for Amazon Prime members for every purchase on the Amazon India website with some exceptions
- Non-Prime members get to enjoy 3% cash back on all purchases
Zero Joining & Renewal Fees
One of the most amazing parts of using the Amazon Pay ICICI Credit Card is that you do not have to pay any joining or renewal fees. The credit card is completely lifetime free. Even as a non-Amazon Prime member you can get the card and enjoy a free 3-month Prime membership.
Dining Benefits
With this Amazon Pay ICICI Credit Card, you get to enjoy premium dining benefits with 15% discounts on all bill payments at more than 2,500 restaurants listed on the ICICI Bank’s Culinary Treats program across India.
Fuel Surcharge Waiver
The Amazon Pay ICICI credit card offers cardholders a 1% fuel surcharge waiver across all fuel stations within India with a maximum transaction limit of Rs. 4,000. This is a cool way to save on fuel purchases.
Eligibility
The Amazon Pay ICICI Credit Card was first introduced as an invite-only card to eligible ICICI Bank customers but over time, they decided to leave it open to everyone. Although it is open to every applicant today, you still have to meet the minimum net income of Rs. 25,000 for bank customers and Rs. 35,000 for other applicants. Once you meet the requirements you can proceed with the application.
Required Documents
You need to have some form of identification and proof of address to be able to proceed with your application. Like any other card requirements, the bank holds exclusive rights to either accept or decline your application. Below are the required documents:
- Proof of Identity (Aadhaar Card, Voter’s ID, Passport, UIDAI-issued letter, Driving license, Job card issued by NREGA, PAN card, or Overseas Citizen of India Card)
- Proof of income (Salary Payslip, Form 16, or Bank Statement no more than 3-months)
- Residence proof (Passport, Ration Card, Job card issued by NREGA, Registration document of the property, Electricity bill not more than 3 months, Bank Statement, or Water Bill)
Additional Features of Amazon Pay ICICI Credit Card
- Cash Withdrawal Charge: A 2.5% cash withdrawal fee is applicable on each ATM withdrawal (or a minimum of Rs. 500) using the Amazon Pay ICICI Credit Card.
- Interest Rate: There is a 3.5% to 3.8% interest rate on this card per month.
- Foreign Currency Mark-up: You get a 3.5% mark-up on the total amount paid while using this card for foreign currency payments online.
- Credit Card Replacement Fee: It would cost you only Rs. 100 for ICICI Bank to re-issue a new credit card if your card is lost or misplaced.
NOTE: Prime members only enjoy 5% cashback for all transactions made on Amazon India (amazon.in), with a few exceptions. Also, the 3% or 5% cashback only applies to transactions made on Amazon India (amazon.in). All other transactions on other geographically tailored Amazon sites (including amazon.com) attract just 1%. You can get up to 2% cashback on more than a hundred other partner merchants if you select Amazon Pay at checkout or else you get 1% cashback instead.
Cashback Exclusions
Although the Amazon Pay ICICI Credit Card works very well for Amazon.in and Amazon.com, some transactions are excluded for cashback such as flight bookings, EMI and Gold transactions on Amazon, gift cards, Amazon Pay balance top-ups, utility bill payments, and mobile and DTH recharges which only attracts 2% cashback as against 5%.
Conclusion
The Amazon Pay ICICI Credit Card is a great option for avid online shoppers, particularly Amazon Prime members who are always purchasing something using Amazon Pay. With an amazing 5% cashback on all purchases made via Amazon India for Prime members, and 3% for non-Prime members. This is a perfect choice of credit card that offers you a whopping 2% cashback on all transactions via other partner merchants and 1% on other payments.
It is suitable for shopping and dining with a 15% discount at more than 2,000 partner restaurants. Therefore, travellers won’t enjoy travel benefits like airport lounge access, air miles, or concierge services while using this card.
Leave a Reply