Amazon Pay Credit Card

Rewards

Base reward rate: Up to 5% cashback on Amazon, 2% on partner merchants, and 1% on other spends.
Redemption options: amazon_pay_balance
Redemption value: 1 Pt = ₹1.00

Truly lifetime-free with ₹0 joining and ₹0 annual fees, without any minimum spend conditions for waiver.
Offers a market-leading, uncapped 5% cashback on Amazon for Prime members (3% for non-Prime), making it ideal for frequent shoppers on the platform.
Features a low foreign currency markup fee of 1.99%, significantly better than the industry standard of ~3.5% for cards in this segment.
Provides a seamless redemption experience where cashback is automatically credited to the Amazon Pay balance monthly, with no manual claims or minimum thresholds.
Extends its value beyond Amazon with 2% cashback on payments made to a wide network of partner merchants.
Includes 1 complimentary domestic lounge visit per quarter, a rare benefit for a no-fee card, though it is subject to a spending condition.

Rewards are credited exclusively to the Amazon Pay balance, which lacks the flexibility of a direct statement credit that can offset any card expenditure.
The complimentary domestic lounge access is gated by a very high spend condition of ₹75,000 in the previous quarter, making the benefit impractical for many users in the card's target income segment.
Lacks common lifestyle benefits such as movie ticket discounts or complimentary OTT subscription perks, which are offered by some competing entry-level cards.