Has your ICICI Amazon Pay Credit Card been unexpectedly closed? Many users are reporting card closures, particularly for those with high transaction volumes (over ₹1 Lakh per month) or an annual cashback exceeding ₹1 Lakh.
One common reason cited by the bank is the suspicion of cards being used for "business transactions" rather than personal use, especially with higher amounts involved. This has also led to the cancellation of accumulated cashback, even significant amounts like ₹10,000.
If you've faced similar issues, such as your card being closed without prior notification or cashback being revoked due to suspected business usage, share your experience. This discussion aims to gather insights and experiences from users affected by ICICI Bank's policies on high usage and transaction types for the Amazon Pay Credit Card.
Have you received a similar explanation from ICICI Bank regarding your card's closure or cashback cancellation? Let's discuss and understand these policies better.