All credit cardsRates verified 26 Jul 2026Rates verified 26 Jul 2026
Amazon Pay ICICI vs Amex Membership Rewards
Quick answer
Amazon Pay ICICI wins this comparison on 3 of 6 measures — fees, rewards, lounge, forex and APR. But pick based on how you actually spend; the card that wins on your top category beats the overall winner.
ICICI Bank
Amazon Pay ICICI
Visa
American Express
Amex Membership Rewards
Amex
Our pick
Amazon Pay ICICI edges it for most people.
It wins on 3 of 6 measures. But if you spend heavily on shopping, the other one may still be the smarter call — check the row that matters most to you.
| Feature | Amazon Pay ICICI | Amex Membership Rewards |
|---|---|---|
| Annual fee | Free ✓ | ₹4,500 |
| Top reward rate | 5% ✓ | 1% |
| Lounge visits/yr | 0 | 0 |
| Forex markup | 4% | 4% |
| APR (per year) | 45% | 42% ✓ |
| Min income/mo | ₹20,000 ✓ | ₹50,000 |
No paid placement. Approval and final terms come from the issuer's key fact statement.
Common questions
- Which is better: Amazon Pay ICICI or Amex Membership Rewards?
- Amazon Pay ICICI edges this MoneyRadar comparison because it wins more of the fee, reward, lounge, forex and APR checks. Still choose the card that matches your biggest spend category.
- How should I choose between Amazon Pay ICICI and Amex Membership Rewards?
- Start with annual fee and fee waiver, then compare rewards on your top two spend categories, lounge access only if you actually travel, and forex markup if you spend internationally.
- Should I carry a balance on either credit card?
- No. Amazon Pay ICICI and Amex Membership Rewards both charge high credit-card APRs when you revolve a balance. Pay the full bill monthly; interest can wipe out rewards many times over.