In a move set to benefit its over five million users in India, the Amazon Pay ICICI Bank Credit Card is introducing significant enhancements to its offerings. The partnership between Amazon Pay and ICICI Bank has been renewed, bringing forth a suite of improved benefits for cardholders.

Reduced Foreign Exchange Markup

Starting October 11, 2025, users of the Amazon Pay ICICI Bank Credit Card will enjoy a substantial reduction in foreign exchange markup fees for overseas transactions. The fee will be slashed from the current 3.50% to a more competitive 1.99%, making international purchases more affordable for cardholders.

Enhanced Travel Benefits

The card is introducing new travel-centric rewards to appeal to frequent travelers:

• Prime members will receive unlimited 5% cashback on flight and hotel bookings made through Amazon Pay.
• Non-Prime customers will enjoy a 3% cashback on similar travel bookings.

Existing Benefits Retained

While introducing these new features, the card maintains its current set of benefits:

• No joining or annual fees
• 5% cashback on Amazon shopping for Prime members (3% for non-Prime members)
• 2% cashback on Amazon Pay categories
• 1% cashback on all other spends
• Fuel surcharge waiver
• Three-month no-cost EMI options

The digital onboarding process and instant reward point redemption system will remain unchanged, ensuring a seamless experience for both new and existing customers.

ICICI Bank's Upcoming Investor Meetings

In related news, ICICI Bank has announced a series of upcoming investor meetings, demonstrating its commitment to stakeholder engagement:

These meetings suggest ICICI Bank's proactive approach to investor relations and its focus on maintaining transparency with stakeholders.

The renewed partnership between Amazon Pay and ICICI Bank, along with the enhanced credit card offerings, reflects the bank's efforts to stay competitive in the digital payments and credit card market. As the financial landscape continues to evolve, such collaborations and product improvements may play a crucial role in attracting and retaining customers in the increasingly digital-savvy Indian market.

ICICI Bank , one of India's leading private sector banks, recently executed a significant block trade on the National Stock Exchange (NSE), highlighting continued interest in the bank's shares.

Block Trade Details

The block trade involved approximately 400,551 shares of ICICI Bank, which were transacted at a price of Rs. 1,435.50 per share. The total value of this transaction amounted to Rs. 57.50 crores, showcasing substantial market activity for the bank's stock.

Recent Corporate Action

In a separate development, ICICI Bank has recently undertaken a corporate action related to its employee stock option scheme. According to the latest Listing Obligations and Disclosure Requirements (LODR) filing:

• ICICI Bank allotted 626,130 equity shares with a face value of Rs. 2 each.
• This allotment was made under the ICICI Bank Employees Stock Option Scheme-2000.
• The allotment was approved by two Executive Directors at 10:40 a.m.
• This action was carried out under the authority delegated by the Bank's Board of Directors.

Implications

The execution of the block trade worth Rs. 57.50 crores indicates continued investor interest in ICICI Bank's shares. Meanwhile, the allotment of shares under the employee stock option scheme suggests the bank's ongoing commitment to aligning employee interests with those of the shareholders.

These developments, both the block trade and the share allotment, reflect the dynamic nature of ICICI Bank's stock in the market and its corporate governance practices.