MakeMyTrip ICICI Bank Signature Credit Card: Fees, Rewards & Real Value

Affiliate disclosure. CreditSmart may earn a referral commission when readers apply through links on this page. Our editorial ratings, comparisons, and analysis stay independent of any commercial relationship — see our editorial policy and research methodology.
Verified against ICICI Bank issuer page (April 2026): Joining fee ₹2,500 + GST (one-time); Annual fee NIL (no renewal fee). Welcome: MMT voucher up to ₹2,500 + MMTBLACK Platinum tier membership. Earn structure: 4 myCash/₹200 on hotel bookings, 2 myCash/₹200 on flight bookings, 1.25 myCash/₹200 on domestic spends (myCash auto-credits to MMT account). Lounge: 8 domestic/year + 1 international/year + 1 railway/quarter. Milestone: 1,100 myCash on ₹2.5L spend, 4,000 myCash on ₹5L spend. Fuel: 1% waiver only at HPCL pumps on ICICI POS (₹400-4,000 txns). Forex: 3.5%.

ICICI MakeMyTrip Signature Credit Card Review 2026

A genuinely strong travel co-brand that earns 3% value back on MakeMyTrip flight and hotel bookings, bundles MMT Black Gold membership, and includes complimentary lounge access — all at a lifetime-free fee for the base variant. Among the best entry-tier travel cards in India today.

ICICI BankMakeMyTrip Co-brandMastercardTravel CategoryEntry Tier
Joining Fee
₹2,500 + GST
Annual Fee
Nil
Welcome Benefit
MMT Voucher up to ₹2,500 + MMTBLACK Platinum
MMT Reward Rate
2% on hotels, 1% on flights (per ₹200)
Lounges
8 domestic + 1 intl/yr + 1 railway/qtr
Best Suited For
Frequent MMT bookers

Fees and charges at a glance

ChargeAmount
Joining fee₹2,500 + GST (one-time)
Annual fee (2nd year onwards)Nil
Add-on card feeFree
Finance charges3.67% per month (44% p.a.)
Cash advance fee2.5% of amount or ₹500 (whichever is higher)
Late payment feeUp to ₹1,300 based on outstanding balance
Foreign currency markup3.5% + GST
Fuel surcharge waiver1% on ₹400–₹4,000 transactions at HPCL fuel pumps (ICICI Bank POS)
Railway surcharge waiverWas historically offered; not headlined on the current ICICI MakeMyTrip Signature product page — verify on MITC before relying on it

Reward structure — how MMT Cash earning works

Rewards are credited as MyCash directly to your MakeMyTrip wallet, redeemable for up to 10% of booking value on future MMT flights, hotels, holidays and bus tickets. 1 MyCash = ₹1 at redemption.

Spend CategoryMyCash earn rateEffective Value Back
MakeMyTrip hotel bookings4 myCash per ₹2002.0%
MakeMyTrip flight bookings2 myCash per ₹2001.0%
All other domestic spend1.25 myCash per ₹200~0.625%
Excluded categories (rent, fuel non-HPCL, wallet, EMI conversion, government, insurance)0 myCash0%

Milestone benefits

  • 1,100 myCash on ₹2.5 lakh annual spend
  • 4,000 myCash on ₹5 lakh annual spend
The earlier 6% on MMT hotels has been revised to 2% (4 myCash per ₹200) per the current ICICI MakeMyTrip Signature product page. Still a respectable rate at this fee tier, but lower than older versions of this card or partner promotions. Verify the live rate rate among any Indian entry-tier credit card. Even premium cards like HDFC Diners Privilege and Axis Magnus don’t match this on specific merchant partners.
MyCash redemption caps: You can redeem MyCash for up to 10% of a flight booking’s base fare or up to 20% of a hotel booking’s total value. Unused MyCash expires after 12 months of inactivity, so use it or lose it.

MMT Black Gold membership — the hidden value

The card automatically enrolls you into MakeMyTrip’s MMT Black Gold loyalty tier for the duration of card validity. Black Gold benefits are worth roughly ₹3,000–₹5,000 a year even for moderate MMT users:

  • Up to 20% discount on MMT-preferred partner hotels (stackable with other offers)
  • Free cancellation on most hotel bookings within the MMT ecosystem
  • Instant discounts of ₹750–₹2,000 on flights during promotional periods
  • Priority customer support with a dedicated MMT Black relationship desk
  • Complimentary room upgrades at 200+ partner hotels (subject to availability)
If you book even one 3-night hotel stay a year on MMT with this card, the Black Gold tier discount alone typically covers the ₹999 annual fee.

Welcome benefits

  • ₹1,500 MakeMyTrip voucher credited within 45 days of card activation (one-time)
  • 1,500 MyCash instantly credited to your MMT wallet on first eligible transaction
  • First-year MMT Black Gold membership, automatically activated
  • Total first-year welcome value: roughly ₹3,000 — exceeds the joining fee by ₹2,000+

Airport & railway lounge access

  • International lounge: 1 complimentary visit per year via Priority Pass at participating international airports
  • Railway lounge: 1 complimentary visit per quarter at participating Indian railway stations (check the IRCTC lounge list on the ICICI site)
  • Domestic lounges: 2 complimentary visits per quarter (8 per year) via Mastercard’s priority network
  • International lounges: 1 complimentary visit per year (primary cardholder, via Priority Pass)
  • Add-on cardholder: Shares the primary cardholder’s lounge allowance

Where this card falls short

Rewards are locked into MMT ecosystem — MyCash cannot be converted to statement credit, cash, or non-MMT bookings. If you shift to Goibibo (same parent) or Cleartrip, the earned value is stranded.
0.25% on general spend is uncompetitive. Don’t use this card for anything except MMT bookings and rewards-category purchases.
Annual fee is Nil from year 2 onwards (only joining fee in year 1), unlike HDFC Regalia or SBI Prime. You pay ₹999 every year regardless.
Forex markup of 3.5% — never use this card for international transactions. Pair with a Niyo Global or IDFC FIRST Wealth for foreign spend.

Annual value calculator

Estimate your value from the ICICI MakeMyTrip Signature Card

MMT flight MyCash (3%):
MMT hotel MyCash (6%):
Other spend PAYBACK (≈0.5%):
MMT Black Gold discount value:
Lounge visits (₹1,000/visit):
Welcome value (year 1 only):
Annual fee (net):
Net annual value:

Eligibility and documents

  • Age: 21–60 years (primary applicant)
  • Income: ₹40,000+ per month (salaried) / ₹6 lakh+ ITR (self-employed)
  • KYC: PAN, Aadhaar, 3 months salary slip / 6-month bank statement, address proof
  • Credit score: CIBIL 750+ strongly preferred
  • Pre-approved offers: ICICI Bank customers with active savings / salary / home loan relationships often get waived joining fee offers

Compared with alternatives

CardTravel earnAnnual feeLounge access
ICICI MakeMyTrip Signature3–6% on MMT₹9998 domestic/yr
HDFC 6E Rewards IndiGo2.5% on IndiGo₹500None
Axis Vistara Platinum2 CV Points/₹200₹1,5001 complimentary Vistara ticket
HSBC Travel One3 miles/₹100 on travel₹4,9998 dom + 6 intl
Axis Atlas5 EDGE Miles/₹100 on travel₹5,0008 dom + 8 intl

Within the entry-tier travel segment, the ICICI MakeMyTrip Signature is stronger than the HDFC 6E on hotel spend (6% vs nothing) and adds lounge access. The only genuine reason to pick the HDFC 6E over this card is if you’re an IndiGo loyalist with no MMT usage — in that case, the 6E’s 2.5% direct-to-IndiGo 6E Rewards is more flexible than 3% MyCash.

Bottom line — should you get it?

The ICICI MakeMyTrip Signature Credit Card is one of the strongest entry-tier travel co-brands in India today. Anyone who books two or more MMT hotel stays a year, or spends ₹40,000+ annually on MMT flights, will extract clear positive value from this card. The 6% MyCash on hotel bookings, combined with the MMT Black Gold tier discounts that stack on top, produces effective savings of 15–20% on MMT hotels — a margin no other ₹999 card matches.

Skip this card if (a) you don’t book on MMT (any competing OTA — Cleartrip, EaseMyTrip, Goibibo, Agoda — would make the rewards useless), (b) you’re primarily looking for airline co-brand rewards (the HDFC 6E or SBI Air India cards target that better), or (c) you want a spend-based annual-fee waiver (HDFC Regalia, SBI Prime, or Axis ACE offer this; MMT Signature does not).

Verdict 8.2 / 10

A high-value travel card for the MMT ecosystem loyalist. For frequent leisure travellers who book hotels online, the first-year value can easily top ₹5,000–₹8,000. Make sure MMT remains your primary booking platform before committing.

Leave a Reply

Share your experience with the MakeMyTrip ICICI Bank Signature Credit Card

Real cardholder stories help everyone make smarter choices. Tell us about:

  • Approval timeline and credit-line you got
  • Reward redemption — did the math match the marketing?
  • Customer service or app experience
  • Hidden charges, fee waiver triggers that worked or didn't

No login required. Comments are moderated; spam is filtered automatically.

Your email address will not be published. Required fields are marked *