The Amazon Pay ICICI Bank Credit Card is a unique offering by the e-commerce giant that provides customers with cashback and rewards for their purchases on Amazon. The card can be applied online and comes with no joining fees, making it an attractive option for online shoppers. Additionally, no annual fees are associated with this credit card, which adds to its appeal.
The card offers up to 5% back on Amazon purchases and discounts on partner merchants. It also rewards customers who use it for offline transactions like fuel purchases or groceries. As an added benefit, customers can earn reward points that can be redeemed on Amazon.in.
The application process for this credit card is simple and straightforward; applicants must have a valid PAN card and address proof to apply online. Once approved, users can access exclusive benefits like EMI options on large purchases and zero-cost EMI options on select products. Overall the Amazon Pay ICICI Bank Credit Card is a great option for those who frequently shop on the platform or want to earn cashback rewards while using a credit card.
Benefits: Cashbacks and Rewards
The Amazon Pay ICICI Bank Credit Card offers many benefits for its users, including cashbacks and rewards. With this credit card, you can earn up to 5% cashback on all your purchases made on Amazon.in. You can also earn 2% cashback on spending made at over 100 Amazon Pay partner merchants, such as Swiggy, BookMyShow, and Yatra.
Apart from the cashbacks, the Amazon Pay ICICI Bank Credit Card also offers reward points for every transaction made using the card. Using this credit card, you can earn reward points worth Rs.1 for every Rs.100 spent on non-fuel purchases and Rs.0.25 for every Rs.100 spent on fuel purchases.
With so many benefits in store, applying for an Amazon Pay ICICI Bank Credit Card online is definitely worth considering if you are a frequent shopper at Amazon or any of their partner merchants!
Eligibility Criteria: Age, Income, CIBIL Score
The Amazon Pay ICICI Bank Credit Card is a popular credit card among online shoppers, especially those who frequently shop on Amazon India. To apply for this credit card, there are certain eligibility criteria that applicants must meet.
Firstly, the applicant must be at least 18 years of age and not more than 60. Secondly, they must have a minimum monthly income of Rs. 15,000 to be eligible for the card. It’s important to note that this amount may vary depending on the city of residence.
Lastly, the applicant’s CIBIL score is crucial in determining their eligibility for the Amazon Pay ICICI Bank Credit Card. A good CIBIL score demonstrates financial discipline and helps build trust with lenders. Usually, a score above 750 is usually considered good enough to be eligible for most credit cards.
In summary, meeting these three eligibility criteria- age limit, minimum income threshold and having a good CIBIL score- will certainly improve an applicant’s chances of getting approved for an Amazon Pay ICICI Bank Credit Card.
Documents Required: ID Proof, Address Proof
When applying for an Amazon Pay ICICI Bank Credit Card online, having certain documents is important. These include valid ID proof and address proof. The ID proof can be any government-issued document such as an Aadhaar card, passport, driving license or voter ID card. The document must carry a clear photograph of the applicant.
Similarly, for providing address proof, one can submit documents like a Passport, Voter’s ID Card, Driving License or Utility bills in the applicant’s name. The utility bills should not be more than 3 months old and must show the applicant’s current residential address clearly.
One should ensure they have all necessary documents readily available before initiating their application process to avoid any unnecessary delays caused by documentation issues. Once all required details are submitted successfully along with KYC (Know Your Customer) verification procedure has been completed successfully, then it is just a matter of time to get approval from the bank for a credit card application.
Application Process: Online & Offline
The Amazon Pay ICICI Bank Credit Card application process is available online and offline. Those who prefer online applications can visit the Amazon website or mobile app to apply. The applicant must complete an online form with all their necessary details, such as name, address, contact information, etc. They would also need to provide adequate proof of identity and income.
Those who prefer offline applications can visit any ICICI bank branch and complete a physical application form. The applicant would need to bring along all the necessary documents, such as identity proof, address proof, income proof, etc. The bank representative will then take them through the application process and help them complete it.
Once the application is complete and submitted successfully through either channel – online or offline – it will undergo a verification process by ICICI Bank before approving or rejection it. Upon approval of the credit card application, applicants will receive their new Amazon Pay ICICI Bank Credit Card within 7-10 working days at their registered address via courier service.
Fees & Charges: Annual & Joining Fees
When considering applying for a credit card, it’s essential to know its associated fees. Two common types of fees are annual fees and joining fees. Annual fees are charged once per year for owning a credit card while joining fees are charged upfront when you first apply for the card.
The Amazon Pay ICICI Bank Credit Card is no exception regarding these types of fees. This card has no joining fee and no annual fee, making it an attractive option for those who don’t want to pay an upfront cost.
It’s important to weigh the benefits and rewards a credit card offers against its fees and charges before deciding whether or not to apply. In many cases, a credit card can offer significant value even with annual or joining fees factored in, but it’s always best to do your research beforehand to know what you’re getting into.
Conclusion: Consider All Options
In conclusion, when considering which credit card to apply for, it is essential to consider all options available. The Amazon Pay ICICI Bank Credit Card is a great option for those who frequently shop on Amazon and want to earn rewards. However, it may not be the best fit for everyone.
Before applying, assessing your spending habits and determining what type of rewards program would benefit you the most is important. If you tend to make purchases across various categories, a more general rewards card may be a better option than one focusing solely on Amazon purchases.
Additionally, it’s crucial to compare the fees and interest rates associated with different cards. While the Amazon Pay ICICI Bank Credit Card offers no annual fee and competitive interest rates, other cards may have lower fees or interest rates that could save you money in the long run. By considering all options carefully before applying for a credit card, you can ensure that you are making an informed decision that will benefit your financial situation in the long term.
