Correct Success: Amazon Pay ICICI Bank credit card is fastest to cross 1 million milestone

Amazon Pay ICICI Bank credit card can be used at more than 4 million merchant locations in India – everywhere you shop.

Amazon Pay and ICICI Financial institution at this time introduced that the Financial institution has issued about 1.four million Amazon Pay ICICI Financial institution bank cards. Within the course of, the bank card has change into quickest within the nation to cross the milestone of 1 million, in lower than 20 months of its launch. Amazon Pay and ICICI Bank launched the co-branded bank card, powered by Visa, two years in the past.

The bank card gives distinctive buyer advantages like always-on reward which is limitless, prompt issuance of the cardboard for choose clients in lower than 60 seconds, direct crediting of reward factors to Amazon Pay stability and contactless fee function to assist clients pay in a secure method. ICICI Financial institution and Amazon Pay now allow extra clients to expertise and revel in the advantages provided by the cardboard, by means of a two pronged technique. One, the companions are increasing the web by permitting registered Amazon clients to use for the bank card even when they don’t seem to be clients of ICICI Financial institution. Two, the Financial institution has repeatedly been growing clients’ comfort by providing new initiatives and gives. Amazon Pay ICICI Financial institution bank card was among the many first bank cards in India to introduce ‘Video KYC’ facility for brand spanking new purposes in June 2020, with a purpose to improve buyer comfort in the course of the ongoing pandemic.

“The Amazon Pay ICICI Financial institution bank card has obtained a tremendous response from clients, which is the catalyst behind the milestone that the cardboard has achieved in a short while. The success is an affidavit to the best-in-industry rewards that the cardboard gives,” Sudipta Roy, Head – Unsecured Property, ICICI Financial institution stated.

“At Amazon Pay, we’re always innovating and creating new experiences on behalf of our clients. Consistent with our imaginative and prescient, Amazon Pay ICICI Financial institution bank card gives probably the most rewarding, handy, and trusted expertise to our clients. To make digital funds extra handy and seamless we have now launched prompt issuance of playing cards in underneath 60 seconds and 100% digital video KYC enabled issuance, we’re bringing our imaginative and prescient alive for our clients”, stated Mr. Vikas Bansal, Director and Head Monetary Companies, Amazon Pay.

Key options of the Amazon Pay ICICI Financial institution bank card embody:

It’s a lifetime free bank card. No becoming a member of or annual payment for the cardboard.
Get limitless reward factors on card spends based mostly on class of spends.
5% reward factors for Amazon Prime members and three% for all different clients procuring on Amazon.in.
2% for spends on digital classes on Amazon.in equivalent to invoice funds, recharges, add cash to Amazon Pay stability, journey & film bookings.
2% for spends on Amazon Pay retailers, e.g. Swiggy, Bookmyshow, Yatra, and lots of extra.
1% for spends on any service provider location within the nation the place Visa playing cards are accepted. Prospects additionally get fuel-surcharge waiver and no value EMI gives on a big choice. No earnings on gasoline, EMI transactions and gold purchases.
One reward level is the same as one rupee.
No higher restrict on reward factors which you can accumulate.
Reward factors don’t expire and will be redeemed from over 16 crore merchandise on Amazon.in and Amazon Pay retailers.
The cardboard can be utilized at greater than four million service provider places in India – in every single place you store.