Amazon Pay ICICI vs slice UPI Credit Card
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 slice UPI Credit Card differ first on recurring cost: Amazon Pay ICICI has an annual fee of ₹0 against ₹0 for slice UPI Credit Card, so holding cost is identical. On rewards, Amazon Pay ICICI earns 1% in Amazon Pay balance while slice UPI Credit Card earns 1% cash value at the entry redemption slab on eligible domestic spends. slice UPI Credit Card has the lower forex markup at 0%. 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 | slice UPI Credit Card |
|---|---|---|
| Issuer | ICICI Bank | Slice Small Finance 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% cash value at the entry redemption slab on eligible domestic spends |
| Accelerated routes | Amazon (Prime members) · Amazon (non-Prime) · Amazon Pay partner merchants | None recorded |
| Reward exclusions | fuel, rent, gift cards, wallet load | fuel, rent, wallet load, insurance, emi, education, government, gaming, international, agriculture, cash advance, financial institutions |
| Forex markup | 1.99% | 0% |
| Domestic lounge | none | none |
| International lounge | none | none |
| Card networks | Visa, RuPay | RuPay |
| Best suited to | amazon, cashback, first card, lifetime free | upi credit |
| Issuer evidence | Checked 2026-07-16 | Checked 2026-07-26 |
Frequently asked questions
Is the Amazon Pay ICICI better than the slice UPI Credit Card?
Neither is universally better. Amazon Pay ICICI charges ₹0 a year and earns 1% in Amazon Pay balance; slice UPI Credit Card charges ₹0 and earns 1% cash value at the entry redemption slab on eligible domestic spends. 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 slice UPI Credit Card?
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 slice UPI Credit Card?
slice UPI Credit Card publishes the lower forex markup at 0% 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.