ICICI Bank has rolled out a spends based offer on their debit cards wherein they are providing Amazon vouchers on meeting the spend criteria. ICICI Bank rolls out offers on debit cards more frequently than credit cards, which is quite surprising. Last quarter too, ICICI Bank rolled out Triple Delights Offer. And they are back again this quarter with another offer on their debit card. Let’s look into the details of this new offer.
Offer Details
- Offer: Use your ICICI Bank Debit Card for Amazon, Flipkart, Jewellery & Watches payments and get Amazon voucher
- Minimum Spends: As communicated by ICICI Bank
- Reward: Amazon voucher, amount as communicated by ICICI Bank
- Period: 1st March 2020 to 31st March 2020
- Type: Targeted, not applicable if communication is not received from ICICI Bank
- Fulfillment: Winners shall be announced within 60 days of the end of the Program Period
- Other T&C:
- Offer valid only on registration.
- To register, give a missed call on 09099555224 from registered mobile number.
- Payment need to be made in all mentioned payment categories
- No min spends amount limit on each payment category
- Source: Email, Website
Bottomline
I received the offer on my ICICI Bank debit card wherein I have to spend Rs. 81,000 across the required categories to get Amazon voucher worth Rs. 300. This translates to a reward rate of 0.37% which is quite low. I wish ICICI Bank should have provided a better reward rate to make this offer attractive. For now, I have decided to skip this offer and continue using my Diners Club Black Credit Card which will provide me a reward rate of 8.1% utilizing latest spends based offer.
Did you receive any spends based offer from ICICI Bank? What is your spends target and Amazon voucher value? Let me know in comments below.
