ICICI MakeMyTrip Credit Card

The ICICI MakeMyTrip Credit Card is a travel-focused co-branded card built on a unique dual-network structure (RuPay + Mastercard issued on a single credit card statement). It carries a ₹999 joining fee and a ₹999 annual fee, with the annual fee waivable on annual spends of ₹2,99,900 or more.

The flagship benefit is 6% myCash on MakeMyTrip hotel bookings and 3% myCash on flight, cab, and bus bookings on MakeMyTrip. With 1 myCash = ₹1 (no expiry, no minimum redemption), this is among the strongest co-branded travel cashback structures in India. The myCash auto-shows at MMT checkout and is stackable with coupon codes, gift cards, UPI, and other payment options.

Eligibility requires applicants to be between 21 and 65 years of age, with a minimum annual income of ₹2.4 LPA for both salaried and self-employed (₹20,000 monthly). CIBIL score requirement is 720 or above. The accessible income threshold and broad age range make this card available to a wide audience.

Welcome benefits are exceptional: a ₹1,000 MMT voucher, complimentary MMTBLACK Gold membership for the first year (worth ₹7,000+ in holiday vouchers and discounts), plus another ₹1,000 MMT voucher on payment of annual fee. Combined welcome value of approximately ₹9,000 dwarfs the ₹999 joining fee.

Travel benefits include 8 complimentary domestic and 1 complimentary international airport lounge visit per year with no minimum spend required, complimentary Priority Pass, plus 4 complimentary railway lounge visits annually. The forex markup is 0.99%, with 1% myCash offsetting the markup making effective forex cost approximately 0%.

Movie benefits include up to 24 complimentary buy-one-get-one movie tickets annually via BookMyShow. Dining benefits offer up to 15% savings at over 2,500 partner restaurants via ICICI's Culinary Treats program. Fuel surcharge waiver is 1%, capped at ₹600 annually.

The UPI integration on the RuPay variant adds another value layer: 1% myCash on UPI transactions via Paytm, Google Pay, and PhonePe, plus additional RuPay coins on partner stores. This makes the card valuable even for everyday spending beyond travel.

The ICICI MakeMyTrip Credit Card is one of the best mid-tier travel cards in the Indian market for MMT-loyal users. The 6% hotel cashback combined with effective 0% forex and the rich welcome MMTBLACK GOLD membership make this card extraordinarily valuable for the ₹999 fee tier.

For a user spending ₹50,000 annually on MMT hotels, the card delivers ₹3,000 in hotel cashback. Add ₹50,000 in flight bookings (₹1,500 cashback), ₹2 lakh in other spends at 1% (₹2,000), and ₹1 lakh in international spends at 1% (₹1,000), total annual rewards reach ₹7,500. Against a zero net fee at the ₹3 lakh waiver, this is exceptional value.

The MMTBLACK GOLD membership is the standout welcome benefit. The ₹7,000+ in holiday vouchers, room upgrades, and zero cancellation features add genuine travel value beyond pure cashback.

The card has limitations. Forex markup is 3.5% per MITC, with 0.99% effective via co-branded structure. The ₹2,99,900 annual fee waiver threshold is high for moderate users. Users who don't book via MMT will not extract much value.

Our recommendation: get this card if you book hotels and flights via MMT 2-4 times a year. It pairs well with a general-purpose card for daily spends. For MMT power users, this card delivers genuine ₹15,000 to ₹30,000 in annual value at a moderate fee.