Amazon Pay ICICI Bank Credit Card VS Axis Bank LIC Platinum Credit Card VS Axis Bank LIC Signature Credit Card VS BOBCARD Premier Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
Amazon Pay ICICI Bank Credit Card
Axis Bank LIC Platinum Credit Card
Axis Bank LIC Signature Credit Card
BOBCARD Premier Credit Card
Who is it for?
Who is it for?
Who is it for?
Who is it for?
Pros
Key benefits and features.
Most useful for Amazon loyalists who fulfill their online shopping via Amazon, particularly Prime members.
Lifetime free with no joining or annual fees, offering significant long-term value.
Unlimited cashback with no maximum capping on the Amazon Pay balance earned.
Reward points are automatically credited as Amazon Pay balance and have no expiry date.
Low international forex mark-up at 1.99% makes international spends more economical.
Pros
Key benefits and features.
Nil joining and annual fees make this card cost-effective for long-term use without recurring charges.
Enhanced 2 Reward points per ₹100 on LIC premiums and foreign currency spends maximize targeted rewards.
1% fuel surcharge waiver up to ₹400 monthly helps frequent fuel users reduce transaction costs.
Complimentary lost card liability insurance up to credit limit adds valuable peace of mind.
Easy EMI option on purchases of ₹1500+ provides flexible payment choices for larger spends.
Pros
Key benefits and features.
Nil joining and annual fees make it cost-effective for long-term ownership and regular use.
High 2x reward rate on LIC premiums and foreign currency spends maximises value for target users.
8 complimentary domestic lounge visits per year enhance travel comfort at no extra cost.
1% fuel surcharge waiver with up to ₹400 monthly benefit reduces driving expenses on eligible fuel spends.
Activation cashback up to ₹300 on first utility bill and lost card liability cover add immediate utility and security.
Pros
Key benefits and features.
Currently available as a lifetime free credit card (limited-time offer) with a decent reward rate.
Offers free domestic airport lounge access across the country.
Provides 5X reward points on travel, dining, and international spending.
Beneficial for taking advantage of various BOBCARD Credit Card offers.
Includes a fee waiver on milestone spends for the paid version.
Cons
Key drawbacks and limitations.
Primarily focused on Amazon shopping, limiting benefits for other spending categories.
Does not provide other benefits like lounge access or entertainment, unsuitable for travelers.
Less useful for shopping on platforms other than Amazon, where the base reward rate is only 1%.
The reward rate on Amazon for non-Prime members is lower at 3% compared to 5% for Prime members.
Cons
Key drawbacks and limitations.
Base rewards exclude fuel, wallet load, and EMI transactions, limiting earnings for common spends.
Foreign currency transaction fee of 3.5% and DCC markup of 1.5% raise costs on international use.
Finance charges of 3.75% per month (55.55% p.a.) are high for retail purchases and cash advances.
Reward redemption requires calling customer care and carries a ₹30 fee per redemption.
No explicit lounge access, travel perks, or milestone bonuses for high spenders.
Cons
Key drawbacks and limitations.
Finance charges at 3.75% per month (55.55% p.a.) are steep and can erode benefits if balances are revolved.
Cash withdrawal fee of 2.5% (min ₹500) makes ATM usage expensive for liquidity needs.
Foreign currency markup of 3.50% is high and may not be fully offset by rewards on international spends.
Post-2024 transaction fees on education, utility, wallet load, fuel and gaming can accumulate if thresholds are met.
Reward caps and redemption value clarity are limited, with no detailed partner transfer program disclosed.
Cons
Key drawbacks and limitations.
High 3.5% foreign currency markup fee, despite accelerated international spend rewards.
Accelerated 5X Reward Points are capped at 2,000 points per month in specific categories.
Complimentary lounge access will become conditional on minimum spends from January 1, 2025.