Amazon Pay ICICI vs IndusInd Bank Tiger
A field-by-field comparison of fees, reward rates, accelerated categories, caps, exclusions, lounge access and forex markup, using each issuer's own published terms. Affiliate payout never decides the verdict.
Short answer
Amazon Pay ICICI and IndusInd Bank Tiger differ first on recurring cost: Amazon Pay ICICI has an annual fee of ₹0 against ₹0 for IndusInd Bank Tiger, so holding cost is identical. On rewards, Amazon Pay ICICI earns 1% in Amazon Pay balance while IndusInd Bank Tiger earns 1 Reward Point per ₹100 on eligible spend. IndusInd Bank Tiger has the lower forex markup at 1.5%. Neither card wins outright: the better choice depends on which accelerated categories match your spend, the monthly caps, the exclusions and issuer approval fit.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
| Feature | Amazon Pay ICICI | IndusInd Bank Tiger |
|---|---|---|
| Issuer | ICICI Bank | IndusInd Bank |
| Joining fee | ₹0 | ₹0 |
| Annual fee | ₹0 | ₹0 |
| Fee waiver | No waiver recorded | No waiver recorded |
| Base rewards | 1% in Amazon Pay balance | 1 Reward Point per ₹100 on eligible spend |
| Accelerated routes | Amazon (Prime members) · Amazon (non-Prime) · Amazon Pay partner merchants | None recorded |
| Reward exclusions | fuel, rent, gift cards, wallet load | fuel |
| Forex markup | 1.99% | 1.5% |
| Domestic lounge | none | 8/yr (no spend condition) |
| International lounge | none | 2/yr |
| Card networks | Visa, RuPay | Visa |
| Best suited to | amazon, cashback, first card, lifetime free | lifetime free, lounge, air india miles, high annual spender |
| Issuer evidence | Checked 2026-07-16 | Checked 2026-08-01 |
Frequently asked questions
Is the Amazon Pay ICICI better than the IndusInd Bank Tiger?
Neither is universally better. Amazon Pay ICICI charges ₹0 a year and earns 1% in Amazon Pay balance; IndusInd Bank Tiger charges ₹0 and earns 1 Reward Point per ₹100 on eligible spend. The better card is the one whose accelerated categories, caps and exclusions match your actual spending, after subtracting the annual fee and GST.
Which of the two has the lower annual fee, Amazon Pay ICICI or IndusInd Bank Tiger?
Both cards carry the same recorded annual fee of ₹0, so the decision rests on rewards, caps and exclusions rather than holding cost.
Which is better for international spending, Amazon Pay ICICI or IndusInd Bank Tiger?
IndusInd Bank Tiger publishes the lower forex markup at 1.5% versus 1.99%. Also confirm whether international transactions earn rewards, since some issuers exclude them.
Can I hold both cards together?
Yes, provided each is approved on its own merits and you can pay both statements in full. Holding both makes sense only when their accelerated categories do not overlap; otherwise the second card adds an annual fee without adding rewards.