ICICI Reward Points value.
A relatively flat ₹0.25-ish currency — predictable, but with little upside beyond the catalogue.
₹0.25
per point · statement credit / catalogue floor
₹0.40
per point · via iShop / curated catalogue redemptions
Commonly around 2–3 years depending on the card; some lifestyle points expire faster.
Where you earn it
Most ICICI Bank reward credit cards (note: Amazon Pay ICICI earns direct cashback, not points).
How to maximise
- Redeem via iShop or the rewards catalogue where curated products can edge above the statement-credit floor.
- Use points before tier-specific expiry windows, which can be shorter than the headline rule.
Watch out for
- Some categories cap points earning per cycle — high spends past the cap earn nothing.
- Statement-credit redemption is typically the floor value, not the best exit.
Next steps
- · Compare all reward currencies — base-to-best value across HDFC, Axis, ICICI, SBI and Amex
- · ICICI Bank credit cards — the cards that earn ICICI Reward Points
- · Best cashback cards — when flat cashback beats chasing points
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Regulated by Reserve Bank of India.
Credit cards in India are issued by banks and NBFCs licensed by the Reserve Bank of India. Card issuance, credit limit, interest rate (APR), fees, and reward structures are at the sole discretion of the issuer subject to KYC, credit profile, and internal policy. Rates and benefits shown on this page are issuer-published and may change without notice — verify on the issuer's official website before applying.
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