Every ICICI Bank card we review, ranked on what they actually return rather than on the accelerated rate printed at the top of the brochure.
ICICI Bank cards compared
| Card | Annual fee | Effective return | Forex markup |
|---|---|---|---|
| Amazon Pay ICICI Credit Card | Nil | 2.0% | 3.5% |
| HPCL Super Saver ICICI Bank Credit Card | ₹500 | 2.0% | 3.5% |
Effective return is a realistic blended reward rate, not the accelerated headline rate that applies only to selected categories. Cards are ranked by that figure, using a formula we publish.
How to read these two
Both cards return the same 2.0% on our blended assumption, so the annual fee is what separates them: the Amazon Pay card is free and the HPCL card costs ₹500 before the 18% GST that is charged on top of every card fee in India. A fuel card earns that back only if your fuel spend is large and steady — otherwise the free card wins by the width of the fee. If cashback is the whole point for you, our best cashback credit cards comparison runs the same test across issuers.
The 3.5% forex markup on both is the number to watch if you spend abroad: it is charged on the converted amount, and GST applies to the markup as well. The forex markup calculator shows what that costs on a real trip.
ICICI Bank also lends, and the same microsite carries its loan and deposit rates — see ICICI Bank rates for those.
Terms change without notice. Confirm the current figures with ICICI Bank before you act.