MakeMyTrip ICICI Bank Credit Card
For travellers who book everything through MakeMyTrip, the MakeMyTrip ICICI card is a quietly excellent deal — 6% myCash on hotels, 3% on flights, cabs and buses, 1% elsewhere (myCash redeems at ₹1), MMTBLACK Gold status, and a class-leading 0.99% forex markup, all for ₹999 (waived at ₹3 lakh). A ₹1,000 MMT voucher welcomes you and another lands each year on fee payment, and the card replaced the discontinued MMT Signature and Platinum. Its long-running exemption from ICICI's lounge spend-gate lapsed on 30 Jun 2026, so domestic lounge visits (2 a quarter) now need ₹75,000 of spend in the preceding quarter; the one international visit a year remains. Insurance premiums earn 1% but only to 1,000 myCash an anniversary year. The catch is the co-brand one: your value lives inside MMT, and the platform's pricing can quietly erode it. Superb if you book MMT anyway; a trap if you price-shop.
Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,000 in vouchers, points or cashback on card activation
6% on Travel
6% myCash on MakeMyTrip hotel bookings (myCash = ₹1). Split from the flight/bus/cab row because the two legs earn different rates and share no cap — a single row would price all MMT travel at the hotels-only 6%
3% on Travel
3% myCash on MakeMyTrip flight, bus and cab spends (myCash = ₹1)
️ Airport Lounge Access
2 complimentary visits per quarter at domestic and international airport lounges
Annual Fee Waiver
Fee of ₹999 + 18% GST (₹1,179 all-in)/yr fully waived when you spend ₹3,00,000/year
Hotel Membership
Complimentary one-year MMTBLACK Gold membership with travel discounts; ICICI excludes the programme's own myCash benefit from the complimentary tier
Milestone Bonus
~₹1,000 in bonus rewards on hitting annual spend milestones
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Travel | reward points | 6% | — |
| Travel | reward points | 3% | — |
| Other | reward points | 1% | — |
| Insurance | reward points | 1% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,179 |
| Joining fee (incl. 18% GST) | ₹1,179 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 0.99% |
Perks & benefits
Estimated annual value beyond rewards — ~₹19,000/yr in total.
hotel membership ~ ₹2,000 /yr
Complimentary one-year MMTBLACK Gold membership with travel discounts; ICICI excludes the programme's own myCash benefit from the complimentary tier
️ lounge access ~ ₹16,000 /yr
2 domestic lounge visits a quarter (up to 8 a year), unlocked by ₹75,000 of spend in the preceding calendar quarter since 1 Jul 2026, plus 1 international visit a year via Priority Pass — primary cardholder only
milestone bonus ~ ₹1,000 /yr
₹1,000 MakeMyTrip hotel voucher each year on payment of the annual fee (the ₹1,000 joining voucher is counted separately as the welcome benefit)
Should you get it?
Best for: Frequent MakeMyTrip travellers booking hotels and flights, Travellers who spend abroad and want a 0.99% forex markup on a sub-₹1,000 fee
Mid tier — a solid all-rounder for steady monthly spend.
Strongest value if you spend heavily on Travel ( 6% back).
Frequent travellers benefit from the included airport lounge access.
✓ Pros
- 6% myCash on MakeMyTrip hotels and 3% on MMT flights, cabs and buses
- ₹1,000 MakeMyTrip voucher on joining and another each year on fee payment
- 0.99% forex markup — among the lowest on any Indian card
- myCash never expires
✕ Cons
- Best value is locked into MakeMyTrip bookings
- Only 1% myCash on non-MMT spends
- Domestic lounge access has needed ₹75,000 of quarterly spend since 1 July 2026
- Insurance earning stops at 1,000 myCash an anniversary year
- Annual fee waiver needs ₹3 lakh of spend
Eligibility & documents
Min. income
₹25,000 /mo
How to redeem rewards
Ways to convert what you earn into real value.
🎁 Redeem myCash on MakeMyTrip for flights, hotels and holidays (1 myCash = ₹1)
🎁 Use the annual MakeMyTrip vouchers toward bookings
What your ICICI Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit BEST 1 RP = ₹0.40 against the statement — ICICI's only published rate
Amazon / Flipkart vouchers BEST Voucher store; ICICI publishes only an 'up to ₹1' ceiling, never a realised rate
iShop flights & hotels BEST iShop travel; rate is set per card at checkout, so the ₹1 ceiling is not a value
The concern Rewards live and die inside MakeMyTrip — fare markups on the platform can silently offset the myCash, and the value collapses if you shop fares across portals.
The bottom line
The card offers outstanding return potential for dedicated MakeMyTrip customers, blending 6% rewards on hotel bookings, MMTBLACK Gold benefits, and an exceptionally low 0.99% forex markup for a ₹999 fee. However, following the 1 July 2026 rule revision, domestic lounge entry requires ₹75,000 in quarterly spends, bringing it in line with ICICI's standard spend gates. Because rewards are confined to the MakeMyTrip portal where dynamic pricing applies, the card represents clear value only if you intend to book through MakeMyTrip regardless.
Sources & verification
Fees, reward rates, and benefits for the MakeMyTrip ICICI Bank Credit Card are taken from ICICI Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 13 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for ICICI Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · 3 changes · last change Jul 2026
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2026 2 changes — 2 cuts
▼ Lounge Effective 1 Jul 2026
Domestic lounge access loses its exemption from the ₹75,000 quarterly spend gate
Lounge visits with no spend condition → ₹75,000 of spend in the preceding calendar quarter
ICICI put domestic lounge access behind ₹75,000 of quarterly spend across its range from 1 January 2025 but exempted the MakeMyTrip card. That exemption was written to run only until 30 June 2026, and it duly lapsed: from 1 July 2026 the card needs ₹75,000 of spend in a calendar quarter to unlock its two domestic lounge visits in the next one. The single international visit a year, via Priority Pass and for the primary cardholder only, is untouched. This removes the card's one benefit that did not depend on either MakeMyTrip or a spend threshold.
Verification: ICICI Bank ↗ · Confidence: High
▼ Fee Observed 22 Dec 2025 · Effective 15 Jan 2026
Dynamic Currency Conversion fee introduced
No separate DCC fee → 0.99% DCC fee
As part of ICICI's portfolio-wide January 2026 revision, a Dynamic Currency Conversion fee (charged when an overseas transaction is billed in INR rather than the local currency) applies from 15 Jan 2026, set at 0.99% for the MakeMyTrip card. It only bites if you opt for INR billing abroad, so paying in local currency avoids it; the 0.99% base forex markup was unchanged.
Verification: ICICI Bank ↗ · Confidence: High
2024 1 change — 1 neutral
◆ Launch Effective 3 Oct 2024
MakeMyTrip ICICI Bank Credit Card launched
ICICI and MakeMyTrip launched a single ₹999 (waived at ₹3 lakh) co-brand — 6% myCash on MMT hotels, 3% on flights/holidays/cabs/buses, 1% elsewhere (1 myCash = ₹1), a class-leading 0.99% forex markup, non-spend lounge access (8 domestic + 1 international a year), MMTBLACK Gold status and a ₹1,000 welcome voucher. It replaced the discontinued MakeMyTrip ICICI Signature and Platinum cards.
Verification: ICICI Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: MakeMyTrip ICICI Bank Credit Card value timeline — CardAdvisor
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Quick summary
Type Mid credit card
Reward rate 1%–6%
Best for Frequent MakeMyTrip travellers booking hotels and flights
Joining fee ₹999
Annual fee ₹999
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 13 Aug 2026
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280 cards analysed — August 2026
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