Even though ICICI Bank is one of the largest private banks in India, most of its credit cards are not very rewarding. Even though the rewards are low, ICICI Bank credit cards do offer some good benefits. Among them is the co-branded MakeMyTrip ICICI Bank Signature credit card. In the first year, there is a one-time fee of Rs 2500 and it is free from the second year onwards. Among its benefits are 2% rewards on spending and complimentary access to domestic airport lounges.
Fees
| Joining Fee | Rs 2500+GST ~Rs 2950 |
| Welcome Benefit | Rs 1500 MMT My Cash, Rs 2500 MMT holiday voucher, MMTBLACK Platinum Membership |
| Annual Fee | NIL |
The MakeMyTrip Signature credit card comes with only an one-time joining fee. The welcome benefits are quite good for the fee we pay and can be easily used for domestic travel. So, the MakeMyTrip ICICI Bank Signature Credit Card is as good as LTF!
Rewards
Earned rewards are transferred to MakeMyTrip My Wallet as My Cash. My Cash can be used to make travel bookings or to purchase partner vouchers through MakeMyTrip.
| Spends Category | My Cash/ Rs 200 |
|---|---|
| MakeMyTrip Flight Bookings | Rs 2 |
| MakeMyTrip Hotel/Holiday Bookings | Rs 4 |
| Other Domestic Spends | Rs 1.25 |
| Other International Spends | Rs 1.50 |
| Fuel Spends | No Rewards |
Milestone Rewards
- Rs 1100 My Cash on spending Rs 2.5 Lakhs in a membership year ~0.44% Value
- Rs 4000 My Cash on spending Rs 5 Lakhs in a membership year ~0.8% Value
- Total Rs 5500 My Cash for Rs 5 Lakhs spend ~1.1% Value
- The spend threshold for milestone benefits will exclude rent, government, and education payments made via credit card.
Complimentary Airport Lounge Access
- Domestic Airport Lounge Access: 2 complimentary visits per quarter for airport lounges in India. Check out this list of eligible airport lounges for the MakeMyTrip ICICI Bank Signature credit card. The complimentary airport lounge access is valid only if you have spent Rs 75,000 in the previous calendar quarter.
- International Airport Lounge Access: 1 complimentary visit per year for airport lounges outside India through complimentary DreamFolks membership.
Complimentary Airport Spa Access
- Discontinued effective 15th November 2024
Complimentary Railway Lounge Access
- 1 complimentary visit per quarter for railway lounges
- Check out this list of eligible IRCTC railway lounges for the MakeMyTrip ICICI Bank Signature credit card
BookMyShow and Inox Benefit
- 25% discount upto Rs 150 on booking two tickets. Valid two times each per month for BookMyShow and Inox.
Fuel Surcharge Waiver
- 1% fuel surcharge waiver on all fuel transactions of up to Rs 4000 at HPCL pumps when the card is swiped on ICICI swipe machines.
- Fuel surcharge waivers on fuel spends up to Rs 50,000 per month, surcharge waiver will not be applicable for spends beyond this limit.
Final Thoughts
The effective reward rate for this card would be around 1%. Complimentary MMTBLACK membership is only for the first year. Considering that this card does not have an annual fee, this is a good to have credit card from ICICI Bank. This card can help in taking advantage of ICICI Bank offers on e-commerce websites.
The airport/railway lounge and airport spa access are a good addition for the occasional traveller. In summary, a good card to have from ICICI Bank with no annual fee and decent rewards.
MakeMyTrip ICICI Bank Signature Credit Card
10 thoughts on “MakeMyTrip ICICI Bank Signature Credit Card Review”
Can the mycash be used for train bookings as well?
Yes, it should be possible as MMT wallet is available for train bookings.
Thanks, I researched a bit and found this as one of the conditions
– My Cash cannot be used for rail, offline holiday bookings and ‘Pay at Hotel’ bookings.
I have few flight and hotel bookings throughout the year, have more train and bus bookings. Should I consider this card? ICICI is offering me this or Sapphiro for upgrade with good limit
The MMT credit cards are ok. If you want rewards on flight, hotel and train bookings you can consider other cards like HDFC Bank as well with SmartBuy benefits.
Also are the benefits/rewards only when cardholder is on the ticket along with other passengers or is it independent of cardholder being a passenger or not. In most of the irctc related credit card, it is mandatory for cardholder to be there on the ticket booking for other passengers to be eligible for discounts. Not sure about this card
Rewards on all spends. Benefits only for cardholder.
I tried to book tickets on Book my show with this make my trip ICICI credit card but application showing this card has no offer for discount how to avail discount? Please explain
It is a quota based offer. The details are here.
Excluded Transactions for Rewards has a typo in card name.
Thanks. Fixed! 🙂