ICICI Bank Amazon Pay

ICICI Bank

ICICI Bank Amazon Pay credit card is the most rewarding credit card for Amazon shoppers in India, offering a market-leading 5% cashback on Amazon.in purchases capped at ₹1,000 per month. At a nominal annual fee of just ₹500 — reversed on spending ₹60,000 per year — the card delivers extraordinary value for regular Amazon shoppers who buy everything from electronics and household items to groceries and personal care products. For a household that spends ₹20,000 per month on Amazon.in (not unusual for families with children, given the platform's wide range of products), the 5% cashback translates to ₹1,000 per month or ₹12,000 per year in Amazon Pay balance — a 24x return on the ₹500 annual fee. The ₹1,000 monthly cap means the card provides maximum benefit up to ₹20,000 in Amazon purchases per month. The welcome Amazon Pay e-gift card of ₹500 on payment of the joining fee effectively makes the first year free, as the welcome benefit exceeds the ₹500 joining fee. This is an exceptional welcome offer for a card with such a low annual fee. Beyond Amazon, the card earns 1.5% cashback on grocery and supermarket spends, 1% on dining and food delivery platforms (Swiggy, Zomato, and restaurant spends), and 0.5% on all other transactions. The 1% fuel surcharge waiver at HPCL fuel stations adds further everyday value. The card requires a minimum annual income of ₹3 lakhs and is available to individuals aged 21-55 years. The ₹60,000 annual spending threshold for annual fee reversal is approximately ₹5,000 per month — highly achievable for most working individuals even without Amazon purchases. Source: ICICI Bank official website, updated May 2026.