Mumbai: Amazon Pay and ICICI Bank have renewed their long-term collaboration for the Amazon Pay ICICI Bank Credit Card, the co-branded credit card with more than 5 million customers.
Introduced in 2018, the card has become a leading choice for digital payments by offering transparent rewards and unmatched convenience.
Amazon Pay ICICI Bank Credit Card Reduces Forex Markup
Effective October 11, 2025, the Amazon Pay ICICI Bank Credit Card will reduce its foreign exchange markup on international transactions from 3.5% to 1.99%. This move makes it more rewarding for global travelers while retaining its hallmark unlimited cashback benefits.
Prime members will continue to enjoy 5% cashback on Amazon shopping and travel bookings made via Amazon Pay, while Non-Prime members will earn 3% cashback on these transactions.
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Everyday Rewards with Amazon Pay ICICI Bank Credit Card
The card retains its position as one of India’s most rewarding everyday credit cards. Key features include:
- Unlimited 5% cashback on Amazon shopping (excluding Gold Coins) for Prime members
- Unlimited 3% cashback on Amazon shopping (excluding Gold Coins) for Non-Prime members
- 5% cashback on travel bookings (flights and hotels) via Amazon Pay for Prime members
- 3% cashback on travel bookings for Non-Prime members
- 2% cashback on Amazon Pay categories (digitally fulfilled services, gift cards, etc., excluding rent, tax, and education)
- 1% cashback on all other eligible spends outside Amazon
- 1% fuel surcharge waiver
- No joining or annual fees
- Always-on 3-month no-cost EMI on eligible Amazon.in purchases
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Mayank Jain, Director – Credit & Lending, Amazon Pay India, said, “With these benefits, we’re elevating India’s most trusted co-branded credit card to new heights. Our over 5 million customers have consistently enjoyed unlimited cashback, zero joining and annual fees, and seamless redemption. This enhancement underscores our commitment to innovation and customer satisfaction.”
Vipul Agarwal, Head – Cards & Payment Solutions, ICICI Bank, added, “The Amazon Pay ICICI Bank Credit Card has been among the fastest-growing co-branded cards in India. By reducing forex markup and strengthening rewards, we are catering to the evolving lifestyle and travel needs of our digitally savvy customers.”
The Amazon Pay ICICI Bank Credit Card will continue to offer a fully digital onboarding process, ensuring seamless application, usage, and renewal. This reinforces the card’s focus on customer convenience, transparency, and value across both everyday spending and travel.
