This Amazon Pay Credit Card is provided by ICICI bank and is very popular for its cashback offers: by using this product, you can get up to 5% cashback on Amazon and 1% flat cashback on all other transactions.
Want to know more about it? Read further!
Features and Benefits
The Amazon Pay ICICI Bank Credit Card comes with the following features:
- No joining fee or annual fee,
- No limit or expiry date on the rewards earned using this card,
- Reward earnings can be used to purchase over 10 crore products at www.amazon.in and more than 100 Amazon Pay partner merchants,
- No cost EMI – 3&6 months on Amazon.in
- 1 Reward point = 1 Rs ( automatically credited as Amazon Pay Balance )
The cashback is offered like this:
|Amazon Prime Members||5% cashback on all purchases made on Amazon|
|Amazon Non-Prime Members||3% cashback on all purchases made on Amazon|
|Amazon Pay Merchants*||2% cashback on transactions made with partner merchants|
|Other Spends||1% cashback|
If you are interested in this card and want to apply, you should consider the following criteria:
- Age: you must be between the ages of 18 and 60 years,
- Income: you must prove an Rs. 25,000 income if you are an ICICI Customer. If not, you must prove an income of Rs. 35,000.
- Documents required: the documents required are
- Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID,
Overseas Citizen of India Card, Person of Indian Origin Card, Job card
issued by NREGA, Letters issued by the UIDAI,
- Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account,
- Proof of Income: The latest one or 2 salary slips (not more than 3 months old), Latest Form 16, and the last 3 months’ bank statement.
Fees and Taxes
The fees and taxes are:
|Finance Charges||3.5% to 3.8% p.m./42% – 45.6% p.a.|
|Late payment charges||For Statement Balance:Below Rs. 100: NilBetween Rs. 100 to Rs. 500: Rs. 100Between Rs. 501 to Rs. 5,000: Rs. 500Between Rs. 5,001 to Rs. 10,000: Rs. 750Between Rs. 10,001 to Rs. 25,000: Rs. 900Between Rs. 25,001 to Rs. 50,000: Rs. 1,000Above Rs. 50,000: Rs. 1,200|
To apply for this card, click here!