ICICI Bank
Amazon Pay
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 27 May 2026.
At a Glance
Annual Fee
Nil
Joining Fee
Nil
Fee Waiver
N/A
Lounge Access
See details
Forex Markup
1.99%
Effective Yield
1% – 5%
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Amazon Spends (Prime Members) | 5% Unlimited Cashback | 5.00% | No Upper Cap |
| Amazon Spends (Non-Prime) | 3% Unlimited Cashback | 3.00% | No Upper Cap |
| Utilities, Bills & Partners | 2% Unlimited Cashback | 2.00% | No Upper Cap (on earnings) |
| Other Retail Spends | 1% Unlimited Cashback | 1.00% | No Upper Cap |
| Excluded Categories | No Cashback | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹0 Lakh | Joining Bonus | ₹1,500 - ₹2,500 | Variable welcome rewards for Prime members upon successful card activation. |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Amazon Pay Balance | ₹1.00 per point1:1 Ratio | Automatic (Credited to your Amazon account after every billing cycle) |
What You Need to Know
Wallet Load Fee (2026)
A 1% fee applies to third-party wallet loads (Paytm, etc.) of ₹5,000 or more.
Impact: Neutralizes the 1% cashback on wallet loads; best to avoid high-value loads.
Utility Surcharge (2026)
ICICI levies a 1% fee on utility payments exceeding ₹50,000 in a month.
Impact: For bills above ₹50k, the net reward drops from 2% to 1%.
Online Gaming Fee
A 2% fee is now levied on transactions at gaming/gambling platforms (MCC 5816).
Impact: Users will face a net loss if using this card for fantasy sports or rummy platforms.
No-Cost EMI Exclusion
Purchases converted to No-Cost EMI do not earn any cashback points.
Impact: Users must choose between 'Interest Savings' and 'Cashback Rewards'.
Transport Cap (2026)
1% fee on transport merchant categories (Bus/Train) exceeding ₹50,000 per month.
Impact: Heavy commuters booking for large groups will see a drop in net value.
Essential Fine Print
Reward Exclusions
Excluded Transactions: Fuel purchases, EMI transactions, and wallet loading do not earn cashback rewards.
Gold Purchases: Gold and silver purchases on Amazon.in earn a reduced reward rate of 0% to 1% depending on promotional terms.
Additional Features
Contactless Payment
Equipped with Chip and PIN technology for contactless 'Tap and Pay' transactions.
No Cost EMI
Availability of no-cost EMI options for 3 and 6-month tenures on Amazon.in purchases.
Amazon Cashback
Unlimited reward points upto 5% on Amazon purchases for Prime customers, 3% for Non-Prime customers.*
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | Nil |
| Annual / Renewal Fee | Nil |
| Fee Waiver Threshold | N/A |
| Forex Markup | 1.99% |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Salaried
Age > 21 years, Monthly Income >= ₹20,000
Self-Employed
Age > 21 years, Monthly Income >= ₹30,000
Ready to apply for Amazon Pay?
Annual fee: Nil
Annual fee
Nil
1% – 5% yield