Cashkaro Amazon ICICI Card: Benefits & Review
Hey guys! Are you looking for a credit card that gives you awesome rewards when you shop online, especially on Amazon? Then you might have heard about the Cashkaro Amazon ICICI Credit Card. This card is super popular because it offers cashback and other cool benefits for Amazon shoppers. In this article, we're going to dive deep into what makes this card special, who it's best for, and whether it's the right choice for you. So, let's get started!
What is the Cashkaro Amazon ICICI Credit Card?
The Cashkaro Amazon ICICI Credit Card is a co-branded credit card designed for online shoppers, particularly those who frequently use Amazon. It’s a result of a partnership between Cashkaro, a cashback and coupons website, Amazon, the e-commerce giant, and ICICI Bank, one of India's leading private sector banks. The primary appeal of this card is its attractive cashback rewards on purchases made on Amazon, as well as other online and offline transactions. This card aims to provide users with a seamless and rewarding shopping experience, combining the benefits of cashback, discounts, and credit facilities.
Key Features
- Cashback on Amazon: The card offers a significant cashback percentage on all purchases made on Amazon. This is the card's most compelling feature, making it highly attractive for regular Amazon shoppers.
- Cashback on Other Transactions: Besides Amazon, the card also provides cashback on other online and offline transactions, although the percentage may vary.
- Reward Points: For every transaction you make using the Cashkaro Amazon ICICI Credit Card, you earn reward points. These points can be redeemed for various benefits such as discounts, vouchers, or cashback, adding an extra layer of savings to your spending.
- Joining Benefits: New cardholders often receive welcome gifts or bonus cashback as a joining benefit, making the card even more appealing from the start.
- Renewal Benefits: Upon renewing the card each year, cardholders may receive additional benefits such as bonus reward points or cashback, encouraging long-term usage.
- Zero Cost EMI Options: The card offers the option to convert purchases into Equated Monthly Installments (EMIs) at no extra cost. This feature allows you to manage your expenses more effectively by breaking down large payments into smaller, more manageable installments, without incurring any additional interest or processing fees.
- Fuel Surcharge Waiver: Cardholders can enjoy a waiver on fuel surcharge when using the card at petrol pumps. This can result in substantial savings for those who frequently use their vehicle and pay for fuel with their credit card.
- Add-on Cards: The Cashkaro Amazon ICICI Credit Card allows you to apply for add-on cards for your family members. This is a convenient way to extend the benefits of your credit card to your loved ones, allowing them to enjoy the same rewards and features while consolidating your spending.
Benefits of Using the Card
- High Cashback Rates: One of the primary advantages of this card is the high cashback rates it offers, especially on Amazon purchases. This can lead to significant savings over time, particularly for frequent shoppers.
- Ease of Use: The card is easy to use, with seamless integration with the Amazon platform. Cashback is usually credited directly to your Amazon Pay balance, making it convenient to redeem.
- Additional Savings: Apart from cashback, the card also provides opportunities for additional savings through discounts, reward points, and other promotional offers.
- Credit Score Improvement: Responsible use of the card can help improve your credit score, making it easier to obtain loans and other financial products in the future.
- Financial Flexibility: With features like EMI options and add-on cards, the Cashkaro Amazon ICICI Credit Card offers financial flexibility and convenience to its users. This enables you to manage your expenses more effectively and extend the benefits of your credit card to your family members.
Who Should Get This Card?
The Cashkaro Amazon ICICI Credit Card is ideal for individuals who frequently shop on Amazon and are looking for a credit card that offers substantial cashback rewards and additional benefits. Here are some key groups of people who would find this card particularly beneficial:
Frequent Amazon Shoppers
If you regularly purchase products on Amazon, this card is a must-have. The high cashback rates on Amazon purchases can lead to significant savings over time. Whether you're buying electronics, clothing, books, or household items, you'll earn a generous cashback percentage on every transaction. This makes the card an excellent choice for anyone who relies on Amazon for their shopping needs and wants to maximize their savings.
Online Shopping Enthusiasts
Even if you don't exclusively shop on Amazon, this card can still be valuable. It offers cashback on other online transactions as well, making it a versatile option for anyone who enjoys shopping online. Whether you're buying from other e-commerce websites, paying for online services, or booking travel accommodations, you'll earn cashback on your purchases. This makes the card a great choice for those who prefer the convenience and variety of online shopping and want to earn rewards while doing so.
Individuals Seeking Credit Score Improvement
Using a credit card responsibly and making timely payments can help improve your credit score. If you're looking to build or improve your credit history, the Cashkaro Amazon ICICI Credit Card can be a useful tool. By using the card for your regular purchases and paying off your balance in full each month, you can demonstrate responsible credit behavior and boost your credit score. This can make it easier to obtain loans, mortgages, and other financial products in the future.
People Looking for Additional Savings
In addition to cashback, this card offers opportunities for additional savings through discounts, reward points, and other promotional offers. If you're looking for a credit card that provides more than just cashback, this could be the right choice for you. You can earn reward points on every transaction, which can be redeemed for discounts, vouchers, or cashback. Plus, you may be eligible for exclusive discounts and offers from Amazon and other partner merchants. This makes the card an attractive option for those who want to maximize their savings and get the most value out of their credit card.
Those Wanting Financial Flexibility
With features like EMI options and add-on cards, the Cashkaro Amazon ICICI Credit Card offers financial flexibility and convenience to its users. If you want a credit card that allows you to manage your expenses more effectively and extend the benefits to your family members, this card is worth considering. The EMI options allow you to break down large purchases into smaller, more manageable installments, without incurring any additional interest or processing fees. The add-on cards enable you to extend the benefits of your credit card to your loved ones, allowing them to enjoy the same rewards and features while consolidating your spending.
How to Apply for the Card
Applying for the Cashkaro Amazon ICICI Credit Card is a straightforward process. Here’s a step-by-step guide:
Visit the Official Website
Go to the official website of either Cashkaro or ICICI Bank. Look for the section dedicated to the Cashkaro Amazon ICICI Credit Card.
Check Eligibility Criteria
Before applying, make sure you meet the eligibility criteria. Typically, this includes being an Indian resident, having a good credit score, and meeting certain income requirements.
Fill Out the Application Form
Fill out the online application form with accurate details. You’ll need to provide personal information, employment details, and financial information.
Upload Required Documents
Upload scanned copies of required documents such as your PAN card, Aadhar card, address proof, and income proof.
Submit the Application
Review all the information provided and submit the application online.
Verification Process
ICICI Bank will verify the information provided. This may include a phone call or a physical verification of your address and documents.
Approval and Card Issuance
If your application is approved, the credit card will be issued and sent to your registered address.
Alternatives to the Cashkaro Amazon ICICI Credit Card
While the Cashkaro Amazon ICICI Credit Card is a great option for many, it’s always good to explore alternatives. Here are a few other credit cards that offer similar benefits:
HDFC Bank Millennia Credit Card
The HDFC Bank Millennia Credit Card is another popular choice, offering cashback and rewards on various online and offline transactions. It provides cashback on online shopping, dining, and other expenses, making it a versatile option for everyday use.
SBI Card Prime
The SBI Card Prime offers a range of benefits including reward points, milestone rewards, and access to airport lounges. It's a good option if you're looking for a card that provides more than just cashback.
Axis Bank Ace Credit Card
The Axis Bank Ace Credit Card offers unlimited cashback on all transactions, with higher cashback rates on specific categories such as bill payments and online shopping. It's a simple and straightforward card with no complicated reward structures.
Conclusion
The Cashkaro Amazon ICICI Credit Card is a fantastic option for frequent Amazon shoppers looking to maximize their savings. With its high cashback rates, ease of use, and additional benefits, it’s a card worth considering. However, it’s essential to weigh the pros and cons and compare it with other available options to make an informed decision. So, if you're an avid Amazon shopper, this card could be your new best friend!
Before making a decision, always read the terms and conditions carefully and understand the fees and charges associated with the card. Happy shopping!
