Amazon Pay ICICI vs Kotak Royale Signature
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Amazon Pay ICICI wins 5-1. Heavy Amazon shoppers — best free card in India Kotak Royale Signature is still the right call if mid-tier shopping/dining card with solid fee waiver economics..
Side-by-side
| Criterion | Amazon Pay ICICI | Kotak Royale Signature |
|---|---|---|
| Annual fee | No annual fee | · ₹999 |
| Joining fee | None | · ₹999 |
| Top reward rate | 5% (shopping) | · 4% (shopping) |
| Base reward rate | = 1% | = 1% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹500 Amazon Pay balance on first transaction | = 2,000 reward points worth ₹500 + Pizza Hut voucher |
| Fee waiver threshold | · N/A (no fee) | ₹250,000 / yr |
| Min income | = ₹300,000 | = ₹300,000 |
| Min credit score | 720 | · 740 |
| Editorial rating | 4.7/5 | · 4/5 |
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
Kotak Royale Signature
- 4 reward points per ₹150 on shopping + dining
- 1 reward point per ₹150 on other spends
- 2 complimentary domestic lounge visits per quarter
- Buy-1-get-1 movie ticket at PVR (Tuesdays)
- 1% fuel surcharge waiver
FAQ
›Amazon Pay ICICI vs Kotak Royale Signature: which is better?
Amazon Pay ICICI wins on more dimensions (5 vs 1). 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, Kotak Royale Signature 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. Kotak Royale Signature: 2,000 reward points worth ₹500 + Pizza Hut voucher.