Amazon Pay ICICI Credit Card Review 2026
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Amazon Pay ICICI Credit Card Review 2026

Lifetime free with 5% unlimited cashback on Amazon for Prime members — India's most-held co-branded credit card with 5 million+ cardholders.

4.3
/5
Card24 Score
Cashback
5
Fees
5
Versatility
3
Last reviewed May 2026 · Card24.ai editorial team
Amazon Pay ICICI
Annual Fee
Lifetime Free*
Prime Cashback
5%*
Partner Merchant Cashback
2%*
Non-Prime Cashback
1%*

Credit Card Verdict Amazon Pay ICICI

What we like

  • Lifetime free — zero joining, zero annual fee, forever. Not a temporary waiver.
  • 5% unlimited cashback on all Amazon.in purchases for Prime members — no monthly cap, no category restriction within Amazon
  • 1.99% forex markup — among the lowest on any Indian credit card, reduced from 3.5% in October 2025
  • Cashback auto-credited to Amazon Pay balance — no portal, no tracking, no minimum
  • 2% cashback on insurance premiums and utility bills via Amazon app — useful bonus tier

Watch out for

  • All cashback credited only as Amazon Pay balance — cannot be withdrawn to bank account or used outside Amazon ecosystem
  • Only 1% on non-Amazon eligible spends — too low to justify as an all-purpose primary card
  • No supplementary / add-on cards available
  • Wallet loads of ₹5,000 or more attract 1% fee from January 2026
  • Lounge access requires ₹75,000 quarterly spend — conditional, not free

*5% cashback for Amazon Prime members on Amazon.in eligible purchases. Non-Prime earns 3%. Cashback credited as Amazon Pay balance — not transferable to bank accounts. Wallet loads ₹5,000+ attract 1% fee from January 15, 2026. Lounge access requires ₹75,000 minimum spend in preceding quarter. Excludes: physical gold, digital gold, fuel, tax, education, standard EMI conversions. Finance charge 3.75% p.m. T&Cs apply.

Credit Card Achievers - Amazon Pay ICICI

Is Amazon Pay ICICI Credit Card Worth It in 2026?

Yes — especially for Amazon Prime members who shop regularly. Having crossed 5 million cardholders, the Amazon Pay ICICI Credit Card remains India's most popular co-branded card in 2026 for good reason: it's genuinely free, the 5% cashback for Prime members is uncapped, and the October 2025 forex reduction to 1.99% has made it a viable travel companion too. The math is simple: a Prime member spending ₹20,000/month on Amazon earns ₹1,000/month in Amazon Pay balance — ₹12,000/year on a card that costs nothing. Add 2% on insurance and utility bills via Amazon Pay, and the effective annual return for a typical household easily crosses ₹14,000–₹15,000. The cashback is automatic — no points, no redemption portal, no expiry. The key limitation is real: all cashback goes to your Amazon Pay wallet and cannot be transferred to a bank account. If you want a single all-purpose card, the 1% rate outside Amazon is too low. Best positioned as a card-duo — Amazon Pay ICICI for all Amazon purchases, a stronger-earning card for dining, travel, and offline spend.

No other credit card in India offers 5% unlimited cashback on Amazon with a lifetime free structure. For Prime members, this card effectively pays for the Prime subscription three to four times over every year.

Amazon Pay ICICI Credit Card Benefits

How to Get the Most Out of Amazon Pay ICICI Credit Card

Upgrade to Amazon Prime - The gap between 5% (Prime) and 3% (non-Prime) is ₹4,800/year at ₹20,000/month spend. Amazon Prime costs ₹1,499/year. The extra cashback from upgrading covers the Prime subscription in under 4 months. If you hold this card without a Prime membership, sign up immediately. This Card for Amazon; Another for Everything Else - Route all Amazon.in purchases, Amazon Pay insurance, and Amazon Pay utility bills through this card. For dining, travel, and non-Amazon online spend, use a stronger-earning card — the 1% rate on Amazon Pay ICICI outside Amazon is too low to justify using it elsewhere. Meet ₹75,000/Quarter for Lounge Access - Lounge access requires ₹75,000 in the preceding quarter — ₹25,000/month. Heavy Amazon users often qualify without any change in behaviour. Check your quarterly spend in the ICICI iMobile app at the start of each quarter before your next trip. Pay Insurance and Utility Bills via Amazon App - Insurance premiums and utility bills via the Amazon app earn 2% — double the base rate. Add all utility billers (electricity, gas, broadband, DTH) to the Amazon app and pay from there. This also works for non-Prime members, stacking extra value without needing a Prime subscription. Use 1.99% Forex on International Travel - On a ₹1 lakh international spend, you save approximately ₹1,500 vs a standard 3.5% card. Use this card for hotels and restaurants abroad. One note: always pay in local currency to avoid any potential DCC charges. Pair with a travel miles card for flights.

Amazon Pay ICICI Credit Card Annual Fees

Joining Fee ₹0 — Lifetime Free
Annual Fee ₹0 — Lifetime Free
Finance Charge 3.75% per month (45% per annum)
Forex Markup 1.99% on international transactions (reduced from 3.5% in October 2025)
Cash Advance Fee 2.5% of withdrawal amount or ₹300, whichever is higher
Wallet Load Fee 1% on wallet load transactions of ₹5,000 or more (effective January 15, 2026)
Gaming Transactions 2% fee on skill-based gaming transactions (effective January 15, 2026)
Fuel Surcharge Waiver 1% waiver on ₹400–₹4,000 fuel transactions. Max ₹400/cycle. No cashback on fuel.
Credit Limit Based on ICICI Bank's assessment. Existing ICICI customers: min ₹25,000/month income. New customers: min ₹35,000/month.

Amazon Pay ICICI Credit Card Eligibility & Documents

Age 18–65 years
Minimum annual income .
Documents required PAN card , Aadhar Card and Latest 3 salary slips or Form 16
Residency Indian resident

Applying when ineligible creates a hard credit inquiry that may lower your CIBIL score. Verify your eligibility before applying.

How to Apply for Amazon Pay ICICI Credit Card

The application process is entirely online and takes about 5-7 minutes.

1

Start on Amazon.in - Visit the Amazon Pay ICICI Credit Card page on amazon.in or click Apply Now. Log in with your Amazon account.

2

Fill Application Details - Enter personal details, income, and employment type. Your Amazon account data may pre-fill some fields.

3

KYC & OTP Verification. - Complete Aadhaar-based OTP and ICICI Bank's digital KYC process.

4

Instant Decision - ICICI Bank typically provides a decision within minutes for eligible applicants. Existing ICICI customers have faster processing.

5

Digital Card + Physical Dispatch - Approved? Access your virtual card on the Amazon app immediately. Physical card in 3–7 working days. Activate via ICICI iMobile or call 1800 200 3344.

*T&C Apply

Frequently Asked Questions

Amazon Prime members earn 5% unlimited cashback on all eligible Amazon.in purchases — no monthly cap. Non-Prime members earn 3%. Both earn 2% on insurance and utility bills via the Amazon app, and 1% on all other eligible spends outside Amazon. Cashback is auto-credited to your Amazon Pay balance at end of each billing cycle. No minimum redemption, no points portal required.
Yes. There is no joining fee and no annual fee — ever. This is not a 'free for Year 1 with conditions' structure. The card has been lifetime free since its 2018 launch and has 5 million+ cardholders in 2026. One of the very few Indian credit cards with genuine LTF status without any spend-waiver condition.
Cashback is automatically credited to your Amazon Pay balance at the end of your billing cycle. You can use this balance for purchases on Amazon.in, bill payments, recharges, and at Amazon Pay partner merchants. Important: Amazon Pay balance cannot be transferred to a bank account or used outside the Amazon ecosystem.
Yes, but conditionally. You get 1 complimentary domestic airport lounge visit per calendar quarter, provided you spend ₹75,000 on the card in the preceding calendar quarter. This is not automatic — if you don't meet the quarterly threshold, access is not available. Updated in 2025 from prior terms.
Two key changes: (1) Forex markup reduced from 3.5% to 1.99% in October 2025 — making it one of the best forex rates on any free Indian card. (2) From January 15, 2026: wallet load transactions of ₹5,000 or more now attract a 1% fee, and skill-based gaming transactions attract a 2% fee.