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

⚠ Verify current terms on the issuer’s websiteReward rates, fees, caps and benefits on Indian credit cards are revised by issuers from time to time. The data on this page was last reviewed in April 2026 and is accurate to the best of our research, but we cannot guarantee it reflects the exact terms your specific application will be offered. Always confirm current joining fee, annual fee, reward structure, and monthly caps on the card issuer’s official website before applying.
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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.

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