Amazon Pay ICICI Credit Card Review (India)

The Amazon Pay ICICI Credit Card which was launched in 2020 jointly by ICICI Bank and Amazon India was aimed to change the online shopping experience. This particular credit card aims at providing solutions to the needs that the frequent shoppers of Amazon possess, in terms of convenience and rewards. ICICI Bank, a strong financial giant in the area of services and customer satisfaction, joined hands with Amazon India to develop a card that is not only for shopping but also offers extra value through the benefits it provides.

Whether you’re eating out at a restaurant, refuelling your vehicle with gasoline, or enjoying other privileges associated with this card, the Amazon Pay ICICI Bank Credit Card exemplifies ICICI Bank’s commitment to continually improving ordinary financial transactions and making them even more rewarding.     

Amazon Pay ICICI Bank Credit Card Features and Benefits

The Amazon Pay ICICI Bank Credit Card offers a range of features, making it an attractive choice for frequent online shoppers, especially on Amazon India. Here’s an overview:

Benefit	Details
Cashback on Amazon Purchases	➡ Prime Members: Earn 5% cashback on Amazon purchases. Non-➡ Prime Members: Earn 3% cashback on Amazon purchases.
Cashback on Partner Merchants	2% Cashback: On purchases made with over 100 partner merchants using Amazon Pay.
General Cashback	1% Cashback: On all other online and offline transactions, excluding fuel payments.
Dining Benefits	15% Discount: At participating restaurants under ICICI Bank’s Culinary Treats program.
Fuel Surcharge Waiver	On fuel transactions up to ₹4,000 at all fuel stations across India.
Exclusive Welcome Benefits	Discounts and cashback up to ₹2,000 including: ➡ 50% cashback up to ₹100 for prepaid recharges ➡ 100% cashback up to ₹200 on Amazon shopping ➡ Discounts on postpaid recharge, DTH, electricity, gas bookings, etc.

How to Earn and Redeem Amazon Pay ICICI Bank Credit Card Reward Points

Earning Reward Points

The Amazon Pay ICICI Bank Credit Card offers a straightforward way to earn cashback as reward points:

1. Amazon Purchases:
   • Prime Members: Earn 5% cashback on purchases made on Amazon India.
   • Non-Prime Members: Earn 3% cashback on Amazon India purchases.
2. Partner Merchants:
   • 2% Cashback: Earn 2% cashback when shopping with partner merchants using the Amazon Pay option.
3. General Purchases:
   • 1% Cashback: On all other online and offline transactions (except fuel payments).

Redeeming Reward Points

1. Automatic Redemption:
   • Reward points are automatically converted into Amazon Pay balance at the end of each billing cycle.
2. Value of Reward Points:
   • 1 Reward Point = ₹1 in Amazon Pay balance.
3. Usage of Amazon Pay Balance:
   • The Amazon Pay balance can be used for future purchases on Amazon India or at any merchant that accepts Amazon Pay as a payment method.

Exclusions:

• No cashback or reward points are earned on fuel purchases, EMI transactions, gold purchases, and Amazon Business orders.

Amazon Pay ICICI Bank Credit Card Fees and Charges

Feature	Details
Interest Rate	3.5% per month (or 42% annually) on outstanding balances
Cash Advance Fee	2.5% of the transaction amount (or a minimum of ₹500) for cash withdrawals from ATMs
Foreign Currency Mark-up	3.5% on international transactions
Late Payment Fees	➡ Up to ₹100: Nil ➡ ₹101 to ₹500: ₹100 ➡ ₹501 to ₹10,000: ₹500 ➡ Above ₹10,000: ₹750
Fuel Surcharge Waiver	1% waiver on fuel transactions up to ₹4,000 at all fuel stations in India

Amazon Pay ICICI Bank Credit Card Product Details

1. No joining or annual renewal fees, making it a cost-effective choice.
2. 5% cashback for Amazon Prime members.
3. 3% cashback for non-Prime members.
4. 2% cashback at over 100 partner merchants using Amazon Pay.
5. 1% cashback on all other transactions (excluding fuel).
6. Cashback is automatically added to your Amazon Pay balance at the end of each billing cycle, with 1 Reward Point equal to ₹1.
7. Enjoy a 15% discount at participating restaurants under ICICI Bank’s Culinary Treats program.
8. The card carries an interest rate of 3.5% to 3.8% per month on outstanding balances or 42% to 45.6% annually.

Amazon Pay ICICI Bank Credit Card Eligibility Criteria

To apply for the Amazon Pay ICICI Bank Credit Card, you must meet the following requirements:

1. Age: Applicants should be at least 18 years old.
2. Nationality: Must be a resident of India.
3. Income Requirements:
   • ICICI Bank Customers: Minimum monthly income of ₹25,000.
   • Non-ICICI Bank Customers: Minimum monthly income of ₹35,000.
4. Credit Score: A good credit score is typically required, though ICICI Bank does not specify an exact number.
5. KYC Verification: Completion of the KYC (Know Your Customer) process is mandatory, either via online video verification or in-person document verification.
6. Amazon Account: You must have an active Amazon India account to link the card for cashback rewards.
7. Geographic Location: The card is available to residents across most cities in India.

Documents Required for Amazon Pay ICICI Bank Credit Card

When applying for the Amazon Pay ICICI Bank Credit Card, the following documents are typically required for verification:

Identity Proof	Address Proof
PAN Card	Aadhaar Card
Aadhaar Card	Passport
Passport	Utility Bill (Electricity/Water Bill)
Voter ID	Rent Agreement

Income Proof:

• Latest Salary Slips
• Bank Account Statements (last 3 months)
• Income Tax Returns (ITR) for self-employed applicants

• Passport-Sized Photograph: Recent passport-size photo, if required during in-person verification.
• KYC Verification: Completed via either:
• Video Verification: Show your original PAN card to the ICICI Bank official.
• Offline Verification: A bank official visits your address for document verification.

How to Activate Amazon Pay ICICI Bank Credit Card

To activate your Amazon Pay ICICI Bank Credit Card, follow these steps:

1. Receive Your Card: Ensure you have received your credit card and the accompanying welcome kit.
2. Call the Activation Number: Dial the activation number provided in your welcome kit. This number is typically available on the back of the card or in the card’s documentation.
3. Provide Details: Follow the automated instructions or speak to a customer service representative. You will need to provide details such as:
   • Your credit card number
   • Date of Birth
   • Any other requested personal information for verification.
4. Online Activation:
   • Log in to the ICICI Bank internet banking portal or mobile app.
   • Navigate to the credit card section and select the option to activate your new card.
   • Enter the necessary details as prompted.
5. Use the Card: Once activated, your card will be ready for use. You may also need to set a PIN for ATM transactions, which can be done through the ICICI Bank ATM or via the bank’s online portal.
6. Verify Activation: After activation, make a small purchase or check your credit card account to ensure the card is active and ready for transactions.

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