With the rise of e-commerce, banks and credit card issuers are gaining a competitive advantage in attracting customers to their unique co-branded credit card sectors. Co-branded credit cards, unlike conventional credit cards, provide additional perks if you use them for a certain online or offline platform.
Amazon, the world’s largest online retailer, has launched an enticing credit card named Amazon Pay ICICI Bank Credit Card in collaboration with ICICI Bank. Because the perks are the same as when it was first introduced in 2018, this card is gaining in popularity.
What is an Amazon Prime membership?
Amazon Prime is a monthly or annual membership program that offers many exclusive benefits. It’s an Amazon paid subscription service that grants users access to additional services that would otherwise be inaccessible or cost money. Quick delivery of items, as well as streaming music, films, e-books, gaming, and grocery shopping services, are just a few of the options available.
Nil Joining and Annual Fee : There are no yearly or membership fees with the Amazon Pay ICICI Credit Card because it is free for the rest of your life. If you don’t want to pay an annual fee for your credit card but still want to earn rewards, this card may be the best option.
Eligibility & Documentation : ICICI Bank offers credit cards to cardholders who have a good credit score (preferably above 750). If you are new to credit, you can apply for some of the cards. The following are the basic eligibility criteria for ICICI Bank credit cards:
- Age : The applicant’s age must be between 18 years to 60 years.
- Occupation : Both salaried and self-employed individuals can apply for Amazon Pay ICICI Credit Card
- Documents Required : Applicants will be required to submit proof of identity, proof of address and proof of income, along with the duly filled application form for Amazon Pay ICICI Credit Card.
- Serviceable Cities : To be eligible, one must be a resident of any of the cities listed officially on the website.
Amazon Pay ICICI Credit Card offers :-
- CASHBACK ON ALL TRANSACTIONS.
- 5% cashback on all purchases made on Amazon (Amazon Prime Members)
- 3% cashback on all purchases made on Amazon (Amazon Non-Prime Members)
- 2% cashback on transactions (Amazon Pay Merchants)
- 1% cashback (Other Spends)
- DINING BENEFITS
Additionally, the card offers meal discounts through the ICICI Bank Culinary Treats Program, as well as cashback on a variety of purchases.
- At participating restaurants, you will receive a minimum 15% discount on your dining bill.
- OTHER BENEFITS
- All petrol pumps in India have a 1% reduction in fuel surcharges.
- There are no hidden costs. EMIs are offered to Amazon users who purchase items worth more than Rs. 3,000. There are no hidden costs. Only three to six months’ worth of EMIs are available.
- At POS (Points of Sale) and ATMs, chip and PIN technology ensures secure transactions (Automatic Teller Machines)
The Amazon Pay ICICI Credit Card is a wonderful option for folks who purchase primarily on Amazon. Amazon Prime Members get a 5% discount on every purchase they make. Your cashback will be limited to 3% if you are a non-prime Amazon member. Cardholders, on the other hand, get a 2% rebate on Amazon Pay partner merchant transactions and a 1% payback on all other purchases.
The card is only beneficial if you shop on Amazon for the majority of your online purchases. It has a variety of cashback and discount offers, as well as no joining or yearly fees. There is no travel, entertainment, or other reward besides shopping.
This card is worth considering if you are a frequent online shopper and an Amazon addict. It is well worth your money if you anticipate you will use the card’s perks.
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