Amazon Pay ICICI Bank Credit Card
By WhichWise Editorial Team · Verified ·
A lifetime free cashback card with 2+ partner merchants. 1% cashback with zero fees. Simple math, no surprises.
ICICI Bank
By WhichWise Editorial Team · Verified ·
A lifetime free cashback card with 2+ partner merchants. 1% cashback with zero fees. Simple math, no surprises.
Fuel Surcharge Waiver Details
ICICI introduced new surcharges on wallet loads, online gaming, and transportation See Recent Changes for details.
8 spending categories earn zero rewards (including fuel, rent).
The Amazon Pay ICICI Bank Credit Card is ICICI Bank's no-annual-fee cashback credit card with about 1% base rewards on everyday spend. Best for amazon shoppers and low-maintenance cashback users.
Quick Decision
Reward earnings only, at the everyday spend mix: milestone vouchers and lounge value are tracked separately in the sections below. 8 categories (fuel, rent, emi, etc., see Excluded list) earn 0% and are NOT in this range.
Casual users hit the lower end; engaged users hit the upper end.
See full analysisPros & Cons
A balanced look at what this card does well and where it falls short.
- Lifetime free, no annual fee
- 5% on Amazon
- No monthly reward cap
- Cashback locked to Amazon Pay balance, not redeemable as statement credit
- Invite-only: cannot apply directly at branch
- Fuel transactions excluded from rewards
- Rent payments excluded from rewards
- 8 spending categories excluded
- International spend earns 0% rewards (~2.35% with GST forex cost is net-loss)
Our editorial take on this card
What works
A ₹20K/month Amazon shopper saves ₹12,000/year for free: 5% unlimited cashback on Amazon, zero annual fee. The 2% tier on 100+ Amazon Pay partners (Swiggy, BigBasket, BookMyShow, etc.) extends the value beyond just Amazon. The 1% base rate on everything else is competitive for a lifetime free card. Most ₹0 fee cards offer 0.25–0.50%. Forex markup was recently slashed to 1.99% (effective ~2.36% with GST), reducing the friction on international transactions, but international spends earn 0% cashback as an excluded category, so the net cost is the full markup with no reward offset. Treat international use as a fee-only path, not a value-generating one. Plus, ICICI's Culinary Treats programme gives 15% off at 2,500+ restaurants.
The biggest downside is cashback fungibility: rewards are credited as Amazon Pay balance, not statement credits. You're forced to spend within Amazon's ecosystem. Fuel, rent, EMI, wallet loads, utilities, government, education, and international transactions earn zero cashback. That's 8 excluded categories covering a significant portion of typical monthly spend. No lounge access: a one-time promotional benefit ran July–September 2025 (requiring ₹75,000 quarterly spend and active Prime membership) but expired September 30, 2025 and ICICI has not renewed it for 2026. No travel insurance, no milestone rewards. This is purely a cashback card. Since January 2026, ICICI also levies new surcharges: 1% on wallet loads over ₹5K, 2% on online gaming, and 1% on transport spends above ₹50K/month. The card is invite-only through Amazon, so you can't apply directly at an ICICI branch. And if you cancel Prime, your Amazon cashback drops from 5% to 3%, which changes the entire value proposition.
Bottom line
If you're an Amazon Prime member and Amazon is your primary shopping platform, take it: 5% unlimited cashback with zero fees doesn't exist anywhere else. Just accept that your cashback lives inside Amazon Pay and pair it with a good all-rounder card for non-Amazon spending.
Independent analysis from public card terms, no paid placements or ratings.
So what does this card actually earn?
Tiered Rewards
Different reward rates by category
Partner Rewards
Earn bonus rates at these merchants
| Merchant | Reward | Type |
|---|---|---|
| Amazon 5% for Prime members, 3% for non-Prime members on Amazon.in purchases | 5% (Prime) / 3% (Non-Prime) | Cashback |
| Amazon Pay Partner Merchants 2% on 100+ Amazon Pay partner merchants | 2% | Cashback |
ICICI introduced new surcharges on wallet loads, online gaming, and transportation
- 1% surcharge on wallet loads of ₹5,000 or more (Amazon Pay, Paytm, Freecharge)
- 2% surcharge on all online gaming transactions (Dream11, MPL, etc.)
- 1% surcharge on transportation spends exceeding ₹50,000/month
- Applies to all ICICI credit cards including Amazon Pay ICICI
WhichWise monitors changes to card terms so you're never caught off guard by a devaluation. See all tracked changes →
Forex markup reduced from 3.5% to 1.99%
- International transaction markup lowered from 3.5% to 1.99%
- Makes the card slightly more competitive for international purchases
- International transactions earn 0% cashback; the full 1.99% markup applies with no reward offset
WhichWise monitors changes to card terms so you're never caught off guard by a devaluation. See all tracked changes →
Excluded Categories
8 categories earn no rewards on this card
⚠ Do not use for Fuel / Petrol / Diesel / CNG, Rent Payments, EMI Transactions and 5 more. You earn 0 rewards on these spends. Use a different card or pay direct.
This card works best for amazon.in and amazon pay partner merchants. Spends in those categories still earn at the headline rate.
Who Is This Card For?
Amazon Prime members spending ₹10,000+/month on Amazon who want a zero-effort, zero-fee cashback card. Ideal first credit card for salaried professionals earning ₹20K+/month who shop frequently on Amazon. Also works well as a dedicated online shopping card alongside a travel/lounge card.
Frequent travellers who need lounge access and travel insurance should consider HDFC Regalia Gold or ICICI Sapphiro instead. High spenders who want flexible reward points redeemable for flights or statement credits. Anyone who doesn't use Amazon regularly: the Flipkart Axis Bank Card or Cashback SBI Card offer better value for general online spending.
How It Compares
Side-by-side with similar cards in our database.
| Feature | This card | Scapia | AU Bank LIT |
|---|---|---|---|
| Annual fee | Free | Free | Free |
| Reward ratecash-equivalent · accelerated | 1.00%up to 5.00% on partners | 2.00%no accelerator | 0.25%no accelerator |
| Network | Visa | Visa / RuPay | Visa / RuPay |
| Acceptance | Universal | Universal | Universal |
| Eligibility | Applicable | Not accepting | Applicable |
Methodology: reward rates shown at cash-equivalent redemption (statement credit / direct cashback): the most conservative tier every cardholder can realize. Travel-transfer or partner-merchant routing can be materially higher; see each card's full review for upside scenarios.
Fees & Charges
Complete breakdown of all fees associated with this card.
Value Verdict
Eligible spend · no routingEstimated annual value at ₹50,000/month spend with base earn on eligible retail (after assumed 24% in excluded categories).
Cashback lands in Amazon Pay only: it can't be withdrawn to your bank account. This card pays you in spendable Amazon credit, not statement credit.
✓ Lifetime free. Every rupee of rewards is pure profit
↓ Accelerated rates (Amazon.in (Prime members) at 5%, Amazon.in (Non-Prime members) at 3%, Amazon Pay partner merchants (100+) at 2%) not included: actual value may be higher
Reward earnings only: ~₹4,560/year on generic spend, or ₹6,384/year if you route ~₹3,800/month (~10% of eligible spend) through AMAZON (5% partner rate). Partner premium: +₹1,824/year.
Assumptions used in this estimate▸
- • Reward earnings shown at the conservative redemption tier.
- • Assumes 24% of your spend lands in 8 excluded categories (fuel, rent, etc.) that earn ₹0: eligible spend used in the math above is ₹38,000/month.
Eligibility
Requirements you need to meet to apply for this card.
Data verified against ICICI Bank official website · Last verified: 2026-05-13 · Terms & Conditions (MITC)
WhichWise does not accept payment for card placement or ratings. Fees, rates, and benefits may change. Always confirm with the issuer before applying.
Verified from the source
Key facts below are quoted verbatim from ICICI Bank's own pages and documents, not paraphrased.
- Joining fee
“There is no joining or annual fee for the Amazon Pay ICICI Bank Credit Card.”
Verified quote from icici.bank.in (MITC document) · fetched 2026-04-19 - Base reward rate
“Unlimited reward points of 1% on all other spends*”
Verified quote from icici.bank.in (issuer website) · fetched 2026-04-27 - Forex markup
“Mark-up of 1.99%. A refund initiated by the customer on similar Foreign Currency transactions will also attract a 1.99% Mark-up fee.”
Verified quote from icici.bank.in (MITC document) · fetched 2026-04-19 - Fuel surcharge waiver
“Surcharge waiver of 1% of transaction value on all petrol pumps on Amazon Pay ICICI Bank Credit Cards.”
Verified quote from icici.bank.in (MITC document) · fetched 2026-04-19 - Minimum income
“Salaried employee with a monthly income of at least ₹ 20,000”
Verified quote from icici.bank.in (issuer website) · fetched 2026-04-27 - Card network
“the conversion rate from USD to Indian Rupees will be at the rates provided by VISA, as the case may be, on the settlement date”
Verified quote from icici.bank.in (MITC document) · fetched 2026-04-19
Interested in Amazon Pay ICICI Bank?
Check the official page for the latest terms before applying.