Amazon Pay ICICI Bank Credit Card covering every Details of the card, including features, benefits, eligibility, fees, application process. All Details cover
Overview of the Amazon Pay ICICI Bank Credit Card
The Amazon Pay ICICI Bank Credit Card is a co-branded credit card designed specifically for Amazon customers in India. It offers cashback rewards on Amazon purchases, bill payments, recharges, and other spends. The card is lifetime free (no joining or annual fees) and is ideal for frequent Amazon shoppers.
Key Features and Benefits
Cashback Rewards
– 5% Cashback on Amazon. in purchases:
– Applies to shopping on Amazon .in, including Amazon Pantry, Amazon Fresh, and other Amazon services.
– Cashback is credited as Amazon Pay balance, which can be used for future purchases or bill payments.
– 2% Cashback on:
– Bill payments (electricity, water, gas, DTH, etc.).
– Recharges (mobile, broadband, etc.).
– Other Amazon Pay transactions.
– 1% Cashback on:
– Offline spends (dining, groceries, fuel, etc.).
– Other online platforms (excluding Amazon.in).
Welcome Benefits
– New cardholders often receive a welcome bonus (e.g., ₹200 or ₹500 Amazon Pay balance) upon activating and using the card for the first time.
Fuel Surcharge Waiver
– 1% fuel surcharge waiver at fuel stations across India.
– Applicable on transactions between ₹500 and ₹3,000.
Interest-Free Credit Period
– Up to 48 days of interest-free credit period on purchases.
Contactless Payments
– The card supports contactless payments via NFC technology for transactions up to ₹5,000.
Security Features
– EMV chip and PIN for secure transactions.
– Instant SMS alerts for all transactions.
Reward Redemption
– Cashback earned is automatically credited to your Amazon Pay balance.
– The balance can be used for:
– Shopping on Amazon. n.in.
– Bill payments and recharges.
– Flight and bus ticket bookings.
Eligibility Criteria
To apply for the Amazon Pay ICICI Bank Credit Card, you must meet the following criteria:
Age
– Minimum 18 years
Income
– Salaried or self-employed individuals with a stable income.
– No specific income threshold is disclosed, but a good credit history is required.
Credit Score
– A good credit score (750+ is preferred).
Amazon Account
– You must have an active amazon in. account with a good purchase history.
Fees and Charges
The Amazon Pay ICICI Bank Credit Card is lifetime free, meaning no joining or annual fees exist. However, other charges apply as follows:
| Fee Type | Charges
——————————|—————————————————————————–|
| Joining Fee | None |
| Annual Fee | None |
| Interest Rate | 3.4% per month (approx.. 42% annually) on unpaid balances |
| Late Payment Fee | Up to ₹1,000 |
| Cash Advance Fee | 2.5% of the transaction amount (minimum ₹300) |
| Foreign Currency Markup | 2% on international transactions |
| Overlimit Fee | 2.5% of the overlimit amount (minimum ₹500) |
How to Apply
Application Process
1. Via Amazon App/Website:
– Log in to your Amazon .in account.
– Go to the Amazon Pay section.
– Click on the Amazon Pay ICICI Bank Credit Card option.
– Check your eligibility and fill in the required details.
– Apply.
Via ICICI Bank Website:
– Visit the ICICI Bank credit card section.
– Select the Amazon Pay ICICI Bank Credit Card.
– Fill out the application form and submit it.
Documentation Required
– PAN card (mandatory).
– Aadhaar card or any other government-issued ID proof.
– Address proof (if required).
Approval and Delivery
– The application is processed instantly for eligible customers.
– Upon approval, the card is delivered to your registered address within 7-10 working days.
Activation Process
– Once you receive the card, activate it via:
– ICICI Bank Net Banking or Mobile App.
– Amazon Pay section on the Amazon app/website.
– Set your 4-digit PIN for transactions.
Customer Care and Support
ICICI Bank Customer Care
– Phone: 1860 267 8888 or 1800 1080.
– Email: customer.care@icicibank.com
Advantages and Disadvantages
Advantages
– High cashback on Amazon purchases (5%).
– No joining or annual fees.
– Easy application process for Amazon customers.
– Cashback is credited as an Amazon Pay balance, which is versatile.
– Fuel surcharge waiver and contactless payment features.
Disadvantages
– Cashback is limited to Amazon Pay balance (not direct cash).
– Lower cashback on non-Amazon spends (only 1%).
– Not ideal for users who don’t shop frequently on Amazon.
Comparison with Other Cards
| Feature | Amazon Pay ICICI Card | Other Co-Branded Cards |
|—————————-|—————————|—————————-|
| Cashback on Amazon | 5% | 2-3% |
| Cashback on Other Spends | 1% | 1-2% |
| Joining/Annual Fee | None | ₹500-₹1,000 |
| Fuel Surcharge Waiver | Yes | Yes |
| Reward Redemption | Amazon Pay Balance | Points/Cashback |
Tips to Maximize Benefits
– Use the card for all Amazon purchases to earn 5% cashback.
– Pay bills and recharge via Amazon Pay to earn 2% cashback.
– Use the card for offline spends to earn 1% cashback.
– Pay your credit card bill on time to avoid interest and late fees.
Conclusion
