Head-to-head · 🇮🇳 India
Amazon Pay ICICI vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
Amazon Pay ICICI
VISA
Wins 4 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 2 of 10
Verdict
Amazon Pay ICICI wins 4-2. Heavy Amazon shoppers — best free card in India IndusInd Iconia Amex is still the right call if mid-premium amex with annual-fee waiver from year 2..
Side-by-side
| Criterion | Amazon Pay ICICI | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | = No annual fee | = No annual fee |
| Joining fee | None | · ₹3,500 |
| Top reward rate | = 5% (shopping) | = 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹500 Amazon Pay balance on first transaction | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · N/A (no fee) | N/A (no fee) |
| Min income | ₹300,000 | · ₹600,000 |
| Min credit score | 720 | · 770 |
| Editorial rating | 4.7/5 | · 4.2/5 |
Benefits compared
Amazon Pay ICICI
- 5% cashback on Amazon for Prime members (3% non-Prime)
- 2% cashback on 100+ Amazon Pay merchants (Swiggy, BigBasket, MakeMyTrip)
- 1% cashback on every other transaction
- No annual fee, no joining fee, ever
- 1% fuel surcharge waiver
- No reward expiry, no minimum redemption
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›Amazon Pay ICICI vs IndusInd Iconia Amex: which is better?
Amazon Pay ICICI wins on more dimensions (4 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use Amazon Pay ICICI for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Amazon Pay ICICI: ₹500 Amazon Pay balance on first transaction. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.