ICICI crediting credit card refunds to savings account
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Never came across any such rules. Anyone aware or had similar experience?
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Yup, my all UPI link RuPay Credit card refunds credit to my ICICI saving account.
To kya hame cancel cancel khelna hai?
Ab iske liye icici account kholna pdega 
Trick to mast hai
Be Careful Guys.Bank will consider this refund as your income
Income? Why? Bcz its B2C?
This rule doesn't make sense. Can anyone give a logic behind this rule?
People are gonna misuse it a lot.
What if I don't have any savings account?
welcome to refund processing charges soon!
Not for me. Received refund directly in visa cc from amazon on 24 April.
How come ?? this money belong to credit / loan from credit card, its not logical hmmmm if this is allowed then everyone will just order and cancel and then credit card amount will be sent to bank account as refund, and 45 days free credit hot cash lol is this really okay???
The Reserve Bank of India (RBI) amended the "Master Direction - Credit Card and Debit Card – Issuance and Conduct Directions, 2022" on March 07, 2024. When you get a credit card refund after you pay your credit card bill for the month, you will have options to either adjust it or get it in your bank account.
This applies to credit cards of all banks, ICICI seems to be the pioneer in implementing it.
Read this Economic Times article to know more.
But it has come even before statement was made
It shouldn't consider the spend even for milestones or fee waiver, since it is just a refund
i got 200 cashback in amazonpay on adding 400 from icici amazon card. 
50% cashback upto 200 CB Using apay ICICI cardy wala offer hoga but maine bhi tumhari comments k baad try kiya mera ko to nhi mila CB.
Direct method of credit card to bank transfer.
Calling @abhishek012 for testing and making it popular.