Amazon pay ICICI bank credit Card is designed for shopaholics out there. The ICICI bank of India has issued the Amazon pay ICICI bank credit card in association with Amazon Pay (India) Private Limited (Amazon Pay) and Visa. It is a lifetime free card that asks for no annual fee and comes with a lot of exciting benefits. With an Amazon pay ICICI bank credit card, you can earn a cashback every time you spend on purchases both on Amazon.in and offline stores of Amazon Pay partner merchants in the form of Amazon Pay balance.
If you are interested to know more in detail about the benefits of an Amazon pay ICICI credit card, let’s dive deep into it.
Benefits of Amazon pay ICICI bank credit card
Key benefits to Amazon Prime members
∙ You can earn a 5% cashback on every spend on Amazon India except for payment towards e-books and gift cards (both physical and digital).
∙ You can earn 2% on load and reload of Amazon Pay balance: Money, bill payments, mobile and DTH recharges. However, no earnings for gold and EMI purchases on Amazon.
Exclusive benefits for existing ICICI bank credit card customers
∙ You get a complete waiver of 1% on fuel surcharge payments each time you refuel. ∙ Through our Culinary treats programme, you can enjoy 15% savings on your dining bills at over 2,500 restaurants across India.
You get the following deal under the culinary treats programme:
o You can save a minimum of 15% on your dining bill at over 2,500 restaurants in various participating restaurants across India.
o For more information, please visit culinary treats.
o Please present your Card while settling the bill to avail the applicable discount. You can also download the ICICI Bank Culinary Treats mobile app from Apple iStore or Google Play Store.
Other benefits of an Amazon pay ICICI bank credit card
∙ Chip and pin security:
The Card comes with embedded microchip security so that your Card is saved against being counterfeited or duplicated. The extra layer of security is in the form of a PIN (personalized identification number).
∙ No joining or annual fee:
This feature assures that an Amazon pay ICICI credit card is a lifetime free card. You can save yourself from most expenses common in any other credit card.
∙ Additionally, the Card has no expiry on Amazon reward points that you earn. You can redeem your points whenever you want. Reward earnings can be used to purchase from over 10 crore products at www. amazon.in and at more than 100 Amazon Pay partner merchants. 1 Reward point = 1 Rs (automatically credited as Amazon Pay Balance).
∙ Non-prime cardholders:
You can earn 3% back on Amazon.in purchases, except payment towards e-books, gift cards (both physical and digital), and 2% back on Amazon Pay balance: Money load and auto-reload, bill payments, mobile and DTH recharge. No earnings for purchase of gold purchases through EMI payment option.
∙ You can earn a cashback of 1% on expenses such as travel, dining, insurance payment and many more.
Fees and charges associated with Amazon pay ICICI bank credit card
As discussed above, the bank does not charge joining or annual charges. But there are other charges such as finance charge or cash advance fee that we would discuss below:
∙ Joining fee: None
∙ Annual fee: None
∙ Finance charges: monthly rate ranges between 3.5% – 3.8% and annual rate between 42% – 45.6%.
∙ Cash advance – transaction fee: 2.50% on the advanced amount, subject to a minimum of Rs 300.
∙ Dial-a-draft – transaction fee: 3% of the draft value amount subject to a minimum fee of Rs 300.
∙ Card replacement fee: Rs.100.
∙ Cheque / Cash pick-up fee: Rs.100.
∙ Late payment charges:
- Less than Rs 100: None
- Between Rs 100 – Rs 500: Rs 100
- Between Rs 501 – Rs 10,000: Rs 500
- More than Rs 10,000: Rs 750
Summing up
After reading this blog, you now know the benefits of getting an Amazon pay ICICI bank credit card. The Card pays you back, everywhere and every time you purchase. If you plan to get the best credit cards in India, do consider this Card. But before that, do compare the features and charges of Amazon pay ICICI bank credit card with other options to make an informed decision.
Read Also: HOW DO I REDEEM MY REWARD POINTS ON CREDIT CARDS?
