Amazon pay icici card

[sujal]

Thinking to get an FD credit card from icici(platinum)
I can keep the card for around 3 months and will close after that
Is there any expection of getting amazon pay icici card in the amazon app if i use the card in amazon?
I seen someone got it in only 1 month!!
So is it worth the hazzle?
What will be the charges of fd preclosure?

 

[SSV]

Thinking to get an FD credit card from icici(platinum)
I can keep the card for around 3 months and will close after that
Is there any expection of getting amazon pay icici card in the amazon app if i use the card in amazon?
I seen someone got it in only 1 month!!
So is it worth the hazzle?
What will be the charges of fd 1

1) you may get apay cc in 3 to 6 months
2) fd rate will be 3 or 6 months rate - 1 %

 

[NShah]

I can keep the card for around 3 months and will close after that

Keep atleast 6 months

Is there any expection of getting amazon pay icici card in the amazon app if i use the card in amazon?

Yes you will be get option to apply Amazonpay cc on against fd cc
Check your cibil score through Amazon after fd cc get reported to Cibil

What will be the charges of fd preclosure?

1% charges on interest amount

 

[sujal]

Keep atleast 6 months

Yes you will be get option to apply Amazonpay cc on against fd cc
Check your cibil score through Amazon after fd cc get reported to Cibil

1% charges on interest amount

So the interest amount would be minimal right? For 50k suppose 7 percent interest so 1 percent of that 7 percent is that correct?

 

[SSV]

So the interest amount would be minimal right? For 50k suppose 7 percent interest so 1 percent of that 7 percent is that correct?

Read my post again

 

[NShah]

So the interest amount would be minimal right? For 50k suppose 7 percent interest so 1 percent of that 7 percent is that correct?

1% of interest amount

 

[sujal]

Read my post again

Ohh didnt saw that....
In icici it shows 0.50 percent for less than a year which is manageable

 

[SSV]

So the interest amount would be minimal right? For 50k suppose 7 percent interest so 1 percent of that 7 percent is that correct?

On FD, when you close after say 6 months..
The total interest on your 50 k will be 4.5 - 1 = 3.5% not 7%

 

[sujal]

On FD, when you close after say 6 months..
The total interest on your 50 k will be 4.5 - 1 = 3.5% not 7%


View attachment 37140

Ohhhh... i get it