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Amazon Pay and ICICI Bank renew partnership, enhance India’s most-adopted co-branded credit card

Amazon Pay and ICICI Bank renew partnership, enhance India’s most-adopted co-branded credit card:

Amazon Pay and ICICI Bank today announced the renewal of their long-term partnership for the Amazon Pay ICICI Bank Credit Card, India's most-adopted co-branded credit card with over 5 million customers. Since its launch in 2018, the card has redefined digital payments through simple, transparent rewards and seamless convenience.

Effective October 11, 2025, the Amazon Pay ICICI Bank Credit Card will reduce forex markup on international transactions. The card will continue to offer its signature benefits of 5% unlimited cashback on shopping and travel bookings via Amazon Pay for Prime members while Non-Prime members will continue to receive 3% unlimited rewards. With these features, the card evolves from India's most rewarding everyday credit card to also being your perfect travel companion—delivering greater value across both daily spends and travel experiences.

Speaking on the development, 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 valuable customers have consistently enjoyed unlimited cashback, zero joining and annual fees, and seamless redemption. We remain dedicated to innovating on behalf of our customers and strengthening rewards in categories that matter most—from everyday essentials to now travel. This enhancement reflects our unwavering customer obsession and commitment to simplifying how Indians incorporate credit into their daily lives.”

Vipul Agarwal, Head - Cards & Payment Solutions, ICICI Bank said, "The Amazon Pay ICICI Bank Credit Card has been one of the fastest-growing co-branded cards in the country. We are delighted to renew our partnership with Amazon Pay and offer an enhanced proposition to our customers. We have observed a rise in travel among Indian customers, along with a growing demand for rich reward propositions and flexible redemption options. By reducing forex mark up, we are strengthening the card’s appeal for digitally savvy users seeking smarter ways to pay.”
 
Amazon Pay and ICICI Bank renew partnership, enhance India’s most-adopted co-branded credit card:

Amazon Pay and ICICI Bank today announced the renewal of their long-term partnership for the Amazon Pay ICICI Bank Credit Card, India's most-adopted co-branded credit card with over 5 million customers. Since its launch in 2018, the card has redefined digital payments through simple, transparent rewards and seamless convenience.

Effective October 11, 2025, the Amazon Pay ICICI Bank Credit Card will reduce forex markup on international transactions. The card will continue to offer its signature benefits of 5% unlimited cashback on shopping and travel bookings via Amazon Pay for Prime members while Non-Prime members will continue to receive 3% unlimited rewards. With these features, the card evolves from India's most rewarding everyday credit card to also being your perfect travel companion—delivering greater value across both daily spends and travel experiences.

Speaking on the development, 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 valuable customers have consistently enjoyed unlimited cashback, zero joining and annual fees, and seamless redemption. We remain dedicated to innovating on behalf of our customers and strengthening rewards in categories that matter most—from everyday essentials to now travel. This enhancement reflects our unwavering customer obsession and commitment to simplifying how Indians incorporate credit into their daily lives.”

Vipul Agarwal, Head - Cards & Payment Solutions, ICICI Bank said, "The Amazon Pay ICICI Bank Credit Card has been one of the fastest-growing co-branded cards in the country. We are delighted to renew our partnership with Amazon Pay and offer an enhanced proposition to our customers. We have observed a rise in travel among Indian customers, along with a growing demand for rich reward propositions and flexible redemption options. By reducing forex mark up, we are strengthening the card’s appeal for digitally savvy users seeking smarter ways to pay.”
Renewal is for how many years !!
 
ICICI bank, while at it "enhancing" the card, why not also convert it to a true 5% cashback card (rather than only an upto 5% cashback card)?

Right now one earns nothing for a Rs. 19.99 to 99.99 spend (depending on the category), -- ICICI doing a weird round-off down to zero for upto a 99 paisa cashback!

If it is too much to ask that you do the honorable thing emulating HDFC by paying the cashback down to the last paisa, why not do the next best thing: round-off down to zero for 1 -- 50 paisa, and round-off up to 1 rupee for 51 to 99 paisa (with the benefits averaging out to no loss - no gain for either side)? Still too much to ask?!
.
 
The Amazon Pay ICICI Bank Credit Card has been one of the fastest-growing co-branded cards in the country
I definitely thought tataneu would have overthrown amazon ICICI
Anyways they have strategically used one of the
By reducing forex mark up, we are strengthening the card’s appeal for digitally savvy users seeking smarter ways to pay
Ppl using zero forex cards might be laughing at this
 
ICICI bank, while at it "enhancing" the card, why not also convert it to a true 5% cashback card (rather than only an upto 5% cashback card)?

Right now one earns nothing for a Rs. 19.99 to 99.99 spend (depending on the category), -- ICICI doing a weird round-off down to zero for upto a 99 paisa cashback!

If it is too much to ask that you do the honorable thing emulating HDFC by paying the cashback down to the last paisa, why not do the next best thing: round-off down to zero for 1 -- 50 paisa, and round-off up to 1 rupee for 51 to 99 paisa (with the benefits averaging out to no loss - no gain for either side)? Still too much to ask?!
.
True. That rounding off is so weird.
 
Amazon Pay and ICICI Bank before and after renewal be like
two men laying on top of a pile of money with the letters a and mc visible
 
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