Key facts
- Joining fee
- Nil
- Annual fee
- Nil (lifetime free)
- On Amazon.in
- 5% back for Prime members, 3% without Prime. No monthly cap.
- Elsewhere
- 2% on selected digital payments made with Amazon Pay and on physical gift cards; 1% on other spends
- How you're paid
- As Amazon Pay balance on the Amazon account you applied with, within 2 working days after each billing cycle closes. Not a statement credit.
- No rewards on
- Fuel, gold and precious metals, tax, rent, education, international spends, utilities paid outside Amazon, and EMI purchases (including Amazon no-cost EMI)
- Extra fees
- From 15 Jan 2026: 1% on wallet loads of ₹5,000 or more, 2% on skill gaming, 1% on transport spends above ₹50,000
- Fuel
- 1% surcharge waiver
- Lounge access
- None
- Forex markup
- 1.99% + GST (but international spends earn nothing)
- Eligibility
- 21+, income ₹30,000 a month. ICICI says the card is by invitation, usually offered in the Amazon app.
Checked against ICICI Amazon Pay card page, Amazon Pay card T&C (12 Oct 2026), ICICI MITC on 28 Oct 2026. Fees exclude 18% GST.
Good
- Lifetime free
- 5% on Amazon.in for Prime members with no cap
- Rewards credited automatically every cycle
- Lowest forex markup in this list
Watch out
- Rewards can only be spent on Amazon
- Nothing on EMI orders, including no-cost EMI
- Utilities outside Amazon and international spends earn nothing
- By invitation, so not everyone can apply
What it's worth
A Prime member who spends ₹10,000 a month on Amazon.in gets ₹500 back every month as Amazon Pay balance, ₹6,000 a year, with no fee to offset it. Without Prime the same spend returns ₹300 a month. Because there's no cap, this card keeps pace with big purchases where capped cards stop earning.
The big exception is EMI. Any purchase on EMI, including Amazon's no-cost EMI, earns nothing, and a purchase converted to EMI later has its rewards taken back. If you buy phones and laptops on no-cost EMI, compare that saving with the 5% you give up.
The catch
Rewards are Amazon Pay balance, not cash, so they're only worth face value if you'd have spent that money on Amazon anyway. Since October 2025, utilities paid outside Amazon and international spends earn nothing, and since January 2026 there are fees on large wallet loads and gaming spends. Forex markup is low at 1.99%, but you earn nothing on those spends.
How to get it
ICICI issues this card by invitation. Check the Amazon app under Amazon Pay for a card offer; existing ICICI customers often see one in iMobile as well. If you don't have an invitation, the SBI Cashback card earns 5% on Amazon too, up to its monthly cap.
Applying
After the online form, most banks ask for a short video KYC call. Keep your original PAN card, a white sheet of paper and a pen ready. Here's how to get through it first time, and how to resume if you stopped midway.