On this page
▾ICICI MakeMyTrip Platinum Credit Card Review
Best for: Occasional travellers who book flights and hotels via MakeMyTrip and want a low-fee card.
- One-time ₹500 + GST joining (no annual fee — effectively LTF after year 1)
- Welcome MMT holiday voucher + ₹500 myCash
- 3 myCash/₹200 on hotel bookings, 2 myCash/₹200 on flight bookings via MMT
- 1 domestic airport lounge per quarter (4/year) + 4 railway lounges per year
- Milestone: 1,000 myCash on ₹2.5L total spend + 1,000 myCash on ₹50K spend on the MMT platform
- 1% fuel surcharge waiver on ₹400-₹4,000 at HPCL pumps via ICICI POS
- 1 myCash ≈ ₹1 only when redeemed within MakeMyTrip ecosystem — not transferable to bank statement credit
- Base earn rate (1 myCash/₹200 = 0.5%) is weak for non-MMT spends
- 3.5% forex (no preferential travel forex despite being a travel co-brand)
- MakeMyTrip ICICI Bank Signature variant is no longer accepting applications — Platinum is the only available tier
- Rewards only redeemable via MMT
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹500 + GST (one-time, charged in first statement) |
| Annual fee | NIL — no recurring annual fee per current issuer page |
| Finance charge | 3.75% per month (~45% p.a.) on revolving balance, ATM withdrawals, and minimum-due paid balances |
| Forex markup | 3.5% |
| Late payment fee | Tiered ₹100 to ₹1,300 |
Rewards structure
Per the issuer's current product page: 3 myCash per ₹200 on hotel bookings (1.5%), 2 myCash per ₹200 on flight bookings (1%), 1 myCash per ₹200 on domestic spend (0.5%). Reward currency is myCash, not generic ICICI RP. 1 myCash ≈ ₹1 when redeemed on MakeMyTrip platform; cannot be redeemed as bank statement credit. Milestone bonus: 1,000 myCash on ₹2.5 lakh total spend AND 1,000 myCash on ₹50,000 spend on the MMT platform (separate triggers).
Key benefits
- Welcome MMT holiday voucher + ₹500 myCash credited to MMT account
- 3 myCash / ₹200 on hotels (1.5%) and 2 myCash / ₹200 on flights (1%) via MMT
- 1 complimentary domestic airport lounge per quarter (4/year, DreamFolks)
- 4 complimentary railway lounge access per year
- Milestone: 1,000 myCash on ₹2.5L spend + 1,000 myCash on ₹50K MMT spend
- 1% fuel surcharge waiver on ₹400-₹4,000 at HPCL via ICICI POS
- Note: MMT Signature variant is no longer accepting applications — only Platinum is available
Who the ICICI MakeMyTrip Platinum is for
Light travellers booking 3-5 MMT transactions/year. Step up to MMT Signature (₹2,500) for lounge access.
Final verdict
Reasonable entry option tied to MMT ecosystem. At ₹500 it's low-risk. For more benefits, the Signature variant offers lounges and higher rewards.
FAQ
Does MMT Black tier cost extra?
No — bundled free with card. Otherwise normally ₹1,000/year.
Can I redeem reward points as cash?
Statement credit at ₹0.25/point. Full value only via MMT booking redemption.
Is the 4× applied to MMT Gifts?
Gift vouchers from MMT typically count as standard retail, not accelerated.
Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.