Benefits of Amazon pay ICICI bank credit card

Amazon pay ICICI credit card

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:  

  1. Less than Rs 100: None 
  2. Between Rs 100 – Rs 500: Rs 100 
  3. Between Rs 501 – Rs 10,000: Rs 500 
  4. 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?

 

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