Is the Amazon Pay ICICI Card Worth It in 2026? Honest Review
Solo founder, building in public. SwipeSage 🦉: an honest AI credit-card advisor for India. The best card for YOU, even when we earn ₹0.
What you can earn
ICICI’s card terms set different reward tiers for eligible purchases. The rate depends on the transaction and, for the amazon.in tiers, whether you have Amazon Prime:
- 5% for Prime members on eligible amazon.in transactions. Amazon Gold Coins and flight or hotel bookings through Amazon Pay are excluded from this headline tier.
- 3% for non-Prime members on eligible amazon.in transactions, with the same headline-tier carve-outs.
- 2% on digitally fulfilled categories, “login and pay with Amazon Pay” transactions and physical gift cards, as described in ICICI’s terms.
- Other eligible purchases may earn 1% under the card terms. This is not a rate on every other transaction: exclusions and rounding apply.
Fees and transactions that earn no rewards
ICICI’s MITC, updated 2 August 2026, lists nil joining and annual fees for this card. It says fees can vary by member or offer and the bank may introduce an annual fee later with notice. Transaction charges, interest and late-payment charges can still apply.
ICICI’s card terms exclude these transactions from rewards:
- Rent, fuel and tax payments
- Utility transactions outside Amazon
- Education and international transactions
- Gold, silver and other precious metals
- EMI transactions, including purchases later converted to EMI
- Cash transactions and card fees, charges and interest
Converting a purchase to EMI later can claw back points already awarded. Cancellation or reversal can also reverse points. ICICI says its merchant-category-code list is indicative, not exhaustive, so the classification of a purchase matters.
How rewards reach you
Reward points go to the linked Amazon account as Amazon Pay balance in Amazon Gift Card form, rather than as a card-statement credit. In the ordinary case, ICICI credits them within two working days after the billing cycle. A replacement card can defer that cycle’s rewards to the next bill cycle; an inactive or blocked Amazon account must be unblocked before credit. Redemption follows the gift-card terms applicable when issued.
Our verdict
Worth considering if: eligible amazon.in purchases are a meaningful part of your spending and Amazon Pay balance is useful to you. The current nil joining and annual fees are helpful, but check the terms for charges that can still apply.
Compare another card for excluded spending if: much of your budget goes to rent, fuel, education, international transactions or utility payments outside Amazon. The right answer depends on your actual transaction mix, not the headline reward rate.
Fees and charges checked against ICICI Bank’s Most Important Terms and Conditions for Credit Cards, updated 2 August 2026, printed pages 4, 8–9 and 19–21. Reward tiers, exclusions and crediting checked against ICICI Bank’s Terms and Conditions governing Amazon Pay ICICI Bank Credit Card, updated 13 January 2026, printed pages 16–17, section XXIV. Both issuer documents were read 4 October 2026. Card terms can change, so check ICICI’s current documents before applying. How we rank cards.
Explore Amazon Pay ICICI in SwipeSage
Sage, SwipeSage’s free AI credit card advisor, tracks 96 Indian cards and matches you to the ones that fit how you actually spend. No bank pays us for placement.
On Android, install SwipeSage and sign in. Open Find your card to browse this card’s details, or ask Sage about a term that matters to you. Check the issuer’s current documents before applying.
Curious how we checked the figures? Read our document-verification method.