Amazon Pay and ICICI Bank renews credit card partnership with reduced forex fees

ICICI x Amazon Pay

Amazon Pay and ICICI Bank have renewed their long-term partnership to enhance 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 transformed digital payments by offering simple, transparent rewards along with seamless convenience.

The card will reduce the forex markup on international transactions to 1.99%, down from 3.5%, making it even more appealing for frequent travelers. Prime members will continue to enjoy 5% unlimited cashback on shopping and travel bookings via Amazon Pay, while Non-Prime members will receive 3% unlimited rewards, further strengthening the card as both a rewarding everyday credit card and an ideal travel companion.

Key benefits that remain include no joining or annual fees, unlimited cashback on Amazon shopping and Amazon Pay transactions, always-on 3-month no-cost EMI on eligible Amazon purchases, and a 1% fuel surcharge waiver. The card supports a fully digital onboarding process, ensuring a smooth customer experience from application to usage and renewal.

Mayank Jain, Director of Credit & Lending at Amazon Pay India, highlighted the commitment to enhancing rewards that matter most to customers, from daily essentials to travel. Vipul Agarwal, Head of Cards & Payment Solutions at ICICI Bank, noted the card’s rapid growth and how the reduced forex markup and enhanced travel rewards meet the needs of digitally savvy users seeking smarter payment solutions.

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This renewal reinforces the Amazon Pay ICICI Bank Credit Card’s position as a trusted, rewarding, and customer-centric product that continues to simplify credit incorporation in the daily lives of millions of Indians while supporting more valuable travel experiences.

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