MakeMyTrip ICICI Bank Signature Credit Card: Fees, Rewards & Real Value
The MakeMyTrip ICICI Bank Signature Credit Card is a travel-focused co-branded card built for users who book flights, hotels, and holidays via MakeMyTrip regularly. MyCash rewards convert 1:1 to MakeMyTrip bookings, making redemption simple and high-value. Here’s the 2026 breakdown.
Key Fees and Charges
| Fee Type | Amount | Details |
|---|---|---|
| Joining Fee | ₹2,500 + GST | One-time. Effective ~₹2,950. |
| Annual Fee | Verify current on ICICI site | Typically similar to joining fee on Signature tier. |
Welcome Benefit
- MakeMyTrip Holiday Voucher up to ₹2,500 — effectively offsetting most of the joining fee
- MMTBLACK Platinum Membership — MakeMyTrip’s tier membership with priority customer support, lower cancellation fees, and exclusive deals
Reward Structure (MyCash)
- Base earning: Up to 2 MyCash per ₹100 spent
- Milestone benefits: Up to 5,100 MyCash as bonus on hitting spend milestones (verify current thresholds)
- Accelerated earning on MakeMyTrip bookings via the app/website
Redemption
1 MyCash = ₹1 when used against MakeMyTrip bookings (flights, hotels, holiday packages, cabs). No catalogue to navigate — MyCash applies at MakeMyTrip checkout like a wallet balance. Simple and high-value.
Travel Benefits
- International airport lounge access: Complimentary visits per year (verify current quota)
- Railway lounges: 1 complimentary domestic railway lounge access per quarter
- MMTBLACK Platinum Membership tier benefits at MakeMyTrip
- 1% Fuel surcharge waiver on HPCL fuel transactions ₹400-₹4,000
- Exclusive holiday deals for cardholders via MMT
Real-World Value Example
| User Profile | Annual Travel Spend on MMT | Estimated Annual Value |
|---|---|---|
| Heavy MMT User | ₹1,50,000 via MMT + ₹2 lakh general | Welcome (₹2,500) + MyCash (~₹8,000) + tier benefits (~₹3,000) + lounges = ~₹15,000 |
| Moderate Traveler | ₹60,000 via MMT + ₹1 lakh general | Welcome + ~₹4,000 MyCash + lounges = ~₹8,000 |
| Light User | Occasional MMT bookings | Welcome voucher covers fee; minimal ongoing value |
Who Should Get It
- MakeMyTrip loyalists who book 4+ trips a year via MMT
- Users who want simple 1:1 redemption against travel spending
- Those seeking MMTBLACK tier membership — ordinarily a separate paid subscription
- Frequent domestic travelers using railway lounges
When to look elsewhere
- You book via Agoda, Booking.com, or directly with airlines — the 1:1 MyCash advantage is lost
- You want broader travel flexibility — Axis Atlas with 20+ partners is more flexible
- You want unlimited lounges — premium cards are better
How to Apply
Apply on the MakeMyTrip ICICI Signature page or via the MakeMyTrip app. Eligibility: salaried ₹40,000+/month or self-employed with ITR ₹5 lakh+, CIBIL 720+.
Final Verdict
The MakeMyTrip ICICI Bank Signature Credit Card is a strong value card for MakeMyTrip regulars. The welcome voucher + MMTBLACK membership + 1:1 MyCash redemption creates clean and high-value benefits for the right user. The main caveat is ecosystem lock-in — benefits only work at MakeMyTrip, so non-MMT bookings earn only base rewards. Best paired with another travel or cashback card for non-MMT spending.
See also: travel credit cards in India and our Axis Atlas review.
Last updated: April 2026. Verify current terms on the MakeMyTrip ICICI Signature page before applying.