Amazon Pay ICICI Bank Credit Card
Verified Official Data • Last updated 2026-07
Net Value Calculator
Drag sliders to estimate this card's annual value based on your actual spending habits.
Cashback mode values points as statement credit. Travel / airmiles mode uses the card's travel redemption value, so it only changes points cards; cashback cards stay the same.
Your monthly spend
₹50,000/moE-Commerce & Online
Daily Essentials
Most cards earn ₹0 rewards on fuel (surcharge waiver only).
Frequently excluded from rewards in India.
Lifestyle, Bills & Other
Almost always earns ₹0 and may carry a fee.
Often excluded or capped.
Amazon Pay ICICI Bank Credit Card
Effective annual fee: ₹0
Savings & Milestones Tracker
1.13%
Value Yield (Net / Spent)
₹6,780
Annual Net Value
All ₹ values exclude GST. Perks like lounge access are shown separately and not added into net value. Rewards use your selected redemption mode (cashback / statement credit).
Key Specifications
₹0
₹0
None
1.99%
Rewards Structure
Earn rates and reward configurations verified for 2026.
Applies to all non-excluded offline/misc categories
Category Earn Rates
5% back for Prime members on Amazon.in purchases. 3% for non-Prime. Digital products/gift cards/e-books earn 2% regardless of Prime status.
2% back on 100+ Amazon Pay partner merchant websites (via Amazon Pay checkout)
Off-Amazon exclusions: rent, fuel, tax, education, utilities, international transactions. On-Amazon exclusions: EMI, gold/silver/precious metals, rent, taxes, education. No rewards on Amazon Business (amazon.in/business). Utility/insurance exclusion applies only outside Amazon.in.
Devaluation Log & History
Reward structure updated effective Oct 11, 2025 per Amazon T&C (specific rate changes not detailed in official text vs prior structure).
Lounge Access
Additional Perks
Redemption & Expiry
Exclusion Honesty: This data has been verified against official bank publications. We include exclusions and point valuation friction factors to render honest net metrics in our calculations.
Official Specification Sheet
Comprehensive rules, fees, and parameters verified directly against issuer details.
| Feature | Amazon Pay ICICI Bank Credit CardICICI Bank |
|---|---|
| Joining fee | Nil |
| Annual fee | Lifetime free |
| Fee waiver | — |
| Base reward | 1% cashback |
| Top reward categories | 5% amazon, 2% online |
| Redemption friction | Auto credit |
| Point expiry | Never expire |
| Lounge access | None |
| Forex markup | 1.99% |
| Fuel surcharge | 1% waiver, up to ₹500/mo |
| Min income · salaried | Not stated |
| Min income · self-employed | Not stated |
| Eligibility (as stated) | Not stated |
| Recent devaluations |
|
| Verified against |
Detailed Amazon Pay ICICI Bank Credit Card Credit Card Review & Spends Guide (2026)
The Amazon Pay ICICI Bank Credit Card by ICICI Bank is a prominent credit card in the Indian market, categorized under the entry tier. Offering a base rewards engine of 1% cashback, this card targets users looking to optimize their personal finances.
When evaluating the real-world value of the Amazon Pay ICICI Bank Credit Card, it's essential to look beyond the joining fee of ₹0 and annual fee of ₹0. With our real-time calculator above, you can map out your monthly category spends (online shopping, dining, travel, utilities, groceries, etc.) to see if you can trigger the spend-based annual fee waiver of N/A, which determines your true Net Annual Value (NTV).
Rewards Potential & Category Multipliers
For accelerated spenders, the Amazon Pay ICICI Bank Credit Card features key reward multipliers:
- 5% on amazon spends (uncapped).
- 2% on online spends (uncapped).
- Exclusions: No rewards are earned on fuel, rent, utilities, insurance categories.
Lounge Access & Extra Perks
Perks add immense value that calculations often leave out. The Amazon Pay ICICI Bank Credit Card offers:
- Domestic Lounges: No domestic lounge visits available.
- International Lounges: No international lounge visits available.
Points Redemption and Point Expiry
Earning points is only half the battle. Redemptions are subject to a friction index of 1/5 (representing Auto statement credit (1/5 friction)). Note: Automatic conversion to Amazon Pay balance (Gift Cards) within 2 days of billing cycle completion. Redeemable for all Amazon and Amazon Pay purchases.. Points are valid for a lifetime (no expiry).