Amazon Pay ICICI Credit Card
Amazon Pay ICICI: judge the cashback benefits against your spending and renewal cost.
By Ash · Issuer source linked 2 October 2026
Check the issuer’s current card terms, availability and eligibility criteria.
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This is an invite-only programme; application availability and approval are determined by Amazon and ICICI Bank. Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver. The calculator values rewards at face value as Amazon Pay balance for eligible routes. This is wallet balance—not statement credit or cash transferable to a bank account—and is useful only if you can spend it through eligible Amazon/Amazon Pay purchases.
Cash-value estimates are not enabled for this product. Its merchant, feature or redemption conditions need a separate model; published earn rules and non-cash benefits are shown below. Eligibility and excluded transaction types still matter even where no cap is recorded.
Cardholders who use the benefits listed below and can meet the applicable channel, merchant and spend requirements. Fee-waiver terms: No joining or annual fee.
The annual fee outweighs the benefits you can actually use, or your main spending falls outside the eligible merchants or categories.
Why no automated estimate: The 5%/3% rate is specific to eligible Amazon.in purchases and depends on Prime status; 2% routes and 1% other eligible Amazon.in purchases are also channel-specific. Broad online/travel inputs cannot identify Amazon.in or Prime eligibility, so no category estimate is shown.
Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver.
The calculator values rewards at face value as Amazon Pay balance for eligible routes. This is wallet balance—not statement credit or cash transferable to a bank account—and is useful only if you can spend it through eligible Amazon/Amazon Pay purchases.
PROS
- Strong Amazon rewards for eligible purchases
- Lifetime free
- No earnings limit; balance auto-credits to Amazon Pay
CONS
- Rewards credited to Amazon Pay balance, not statement credit
- Most non-Amazon eligible transactions earn 1%
- No points on education/international transactions or utilities outside Amazon (from 11 October 2025)
- No reward on fuel, rent, EMI, tax-related payments and precious metals
- Published earn rules: Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver.
- Redemption choice: This is an invite-only programme; application availability and approval are determined by Amazon and ICICI Bank. Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver. The calculator values rewards at face value as Amazon Pay balance for eligible routes. This is wallet balance—not statement credit or cash transferable to a bank account—and is useful only if you can spend it through eligible Amazon/Amazon Pay purchases.
- Renewal decision: Listed annual fee: ₹0 before applicable tax. Joining fee: ₹0 before tax. No joining or annual fee. Compare this cost with rewards you can redeem; a fee waiver is not itself a reward.
Rewards credited to Amazon Pay balance, not statement credit. Most non-Amazon eligible transactions earn 1%. No points on education/international transactions or utilities outside Amazon (from 11 October 2025). No reward on fuel, rent, EMI, tax-related payments and precious metals
How does Amazon Pay ICICI earn rewards?
Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver.
Are points and cashback the same?
This is an invite-only programme; application availability and approval are determined by Amazon and ICICI Bank. Amazon.in: 5% for Prime / 3% for non-Prime, excluding gold coins and Amazon flight/hotel bookings; 2% on digitally fulfilled categories, Login and Pay with Amazon, and physical gift cards; 1% on other eligible Amazon.in purchases. Rewards are non-expiring, credit as Amazon Pay balance within 2 working days after the billing cycle, and round down to whole points. International, education, utility outside Amazon, fuel, precious metals, tax, rent, fees and EMI transactions do not earn points; cancellations/returns can claw them back. Current issuer page lists 1.99% forex markup and a separate 1% fuel-surcharge waiver. The calculator values rewards at face value as Amazon Pay balance for eligible routes. This is wallet balance—not statement credit or cash transferable to a bank account—and is useful only if you can spend it through eligible Amazon/Amazon Pay purchases.
What should I compare before renewing?
The published fee, applicable tax, waiver conditions and the benefits you use. No joining or annual fee. Exclude unused vouchers and promotional offers from your baseline.