Head-to-head · 🇮🇳 India
Amazon Pay ICICI vs SBI Cashback
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
Amazon Pay ICICI
VISA
Wins 5 of 10
IN
SBI Card
SBI Cashback
VISA
Wins 1 of 10
Verdict
Amazon Pay ICICI wins 5-1. Heavy Amazon shoppers — best free card in India SBI Cashback is still the right call if pure online cashback — 5% on any online merchant, no partner restrictions..
Side-by-side
| Criterion | Amazon Pay ICICI | SBI Cashback |
|---|---|---|
| Annual fee | No annual fee | · ₹999 |
| Joining fee | None | · ₹999 |
| Top reward rate | = 5% (shopping) | = 5% (shopping) |
| Base reward rate | = 1% | = 1% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹500 Amazon Pay balance on first transaction | = Cashback offsets joining fee on first ₹999+ spend |
| Fee waiver threshold | · N/A (no fee) | ₹200,000 / yr |
| Min income | ₹300,000 | · ₹360,000 |
| Min credit score | 720 | · 750 |
| Editorial rating | 4.7/5 | · 4.6/5 |
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
SBI Cashback
- 5% cashback on ALL online spends (not just listed merchants) — capped ₹5,000/month
- 1% cashback on offline spends
- Auto-credited within 2 days of statement
- 1% fuel surcharge waiver
FAQ
›Amazon Pay ICICI vs SBI Cashback: 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, SBI Cashback for online shopping. 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. SBI Cashback: Cashback offsets joining fee on first ₹999+ spend.