MakeMyTrip ICICI Bank Credit Card- Benefits, Features

The MakeMyTrip ICICI Bank Credit Card is an exclusive cooperation between ICICI Bank and MakeMyTrip with the goal of providing a credit card for MakeMyTrip’s loyal consumers who are interested in travelling. This card offers high reward points and travel-related offers and privileges to MakeMyTrip users who often book flights, hotels, cabs and holiday packages through MakeMyTrip.

Some of them are flexible rewards given on travel expenses, free airport lounge access, foreign currency markup fee of just 0.99% and many more that make it distinct from normal credit cards. This card comes in two critical brands: RuPay and Mastercard making the card easily accepted and enabling easy digital payment which includes linking the card to UPI.

MakeMyTrip ICICI Bank Credit Card Features and Benefits

1. Two Network Cards (RuPay & Mastercard)
   • Approved applicants receive two variants of the card – one on the RuPay network and one on the Mastercard network.
   • The RuPay card can be linked to UPI, making it easier for digital payments, while the Mastercard variant offers global acceptance.
2. Welcome Benefits
   • A ₹1,000 voucher from MakeMyTrip, redeemable on any bookings without a minimum spend requirement.
   • Complimentary MMTBLACK Gold Membership for 12 months, offering exclusive discounts and benefits on MakeMyTrip.
3. Complimentary Airport Lounge Access
   • 8 complimentary domestic airport lounge visits each year (2 per quarter).
   • 1 complimentary international lounge visit each year.
   • Only primary cardholders can access the lounges; add-on cardholders are not eligible for this benefit.
4. Buy One Get One Free on Movie Tickets
   • The card offers a Buy One Get One Free (BOGO) deal on movie tickets, available twice per month. Cardholders can use this offer through BookMyShow or Inox, with a maximum discount of ₹150 per ticket.
   • If both the RuPay and Mastercard versions of the card are used, cardholders can claim two free tickets in the same month.
5. Low Forex Charges
   • One of the standout features of this card is the low 0.99% Forex markup on international transactions.
   • This is a rare benefit for a card with an annual fee of ₹999, as most cards charge around 3.5% for foreign currency transactions.
6. Annual Fee Waiver
   • The annual fee of ₹999 can be waived off if the cardholder spends ₹3 lakh in a card anniversary year.
   • If the waiver is not met, the cardholder will receive a ₹1,000 MakeMyTrip voucher upon payment of the annual fee.

How to Earn and Redeem MakeMyTrip ICICI Bank Credit Card Reward Points

How to Earn myCash Reward Points

1. Hotel Bookings on MakeMyTrip
   • Earn 6 myCash for every ₹200 spent on hotel bookings.
   • This equates to a 3% reward rate when booking hotels via MakeMyTrip.
2. Flight, Bus, and Cab Bookings on MakeMyTrip
   • Earn 3 myCash for every ₹200 spent on flights, buses, and cabs.
   • This translates to a 1.5% reward rate for these bookings.
3. Other Domestic and International Spends (Non-MakeMyTrip)
   • Earn 1 myCash for every ₹200 spent on non-MakeMyTrip purchases.
   • Although lower, this still offers rewards for everyday expenses outside of travel.
4. Spends on Insurance
   • Earn 1 myCash for every ₹200 spent on insurance payments, but note that this is capped at a maximum of 1,000 myCash per year.

No Rewards for Specific Transactions

There are certain categories where you won’t earn any myCash:

• Rent Payments
• Fuel
• Cash Withdrawals
• Gambling Transactions
• Commercial Transactions

How to Redeem myCash Points

1. Travel Bookings on MakeMyTrip
   • 1 myCash = ₹1
   • You can use your earned myCash to pay for hotel stays, flights, holidays, and other travel services on MakeMyTrip. This offers a clear and easy way to reduce your travel costs with accumulated rewards.
2. Purchase Vouchers on MakeMyTrip
   • myCash can also be used to purchase partner vouchers via the MakeMyTrip platform, offering flexibility beyond just flights and hotels.
3. Unlimited myCash
   • One of the best aspects of the myCash program is that there is no cap on the number of points you can earn, and myCash points never expire. This means you can accumulate and use them at your convenience without worrying about deadlines.

MakeMyTrip ICICI Bank Credit Card Fees and Charges

1. Interest Rates: 3% per month (36% annually)
2. Cash Advance Charges: 2.5% of the withdrawn amount (subject to a minimum of ₹300)
3. Foreign Currency Markup: 0.99% on international transactions
4. Late Payment Fees
   • For amounts up to ₹100: NIL
   • ₹101 to ₹500: ₹100
   • ₹501 to ₹10,000: ₹500
   • ₹10,001 to ₹25,000: ₹750
   • ₹25,001 to ₹50,000: ₹900
   • Above ₹50,000: ₹1,000
5. Overlimit Charges: 2.5% of the over-limit amount (minimum ₹500)
6. Card Replacement Fee: ₹100 + GST. This fee is applicable if you request a replacement card due to loss or damage.
7. Rewards Redemption Fee: Nil
8. Fuel Surcharge: N/A

MakeMyTrip ICICI Bank Credit Card Product Details

1. Earn 6 myCash for every ₹200 spent on hotel bookings and 3 myCash for flights, buses, and cabs on MakeMyTrip. Other spends earn 1 myCash/₹200.
2. 0.99% on international transactions, making it highly cost-effective for overseas spending.
3. Enjoy 8 domestic airport lounge visits per year (2 per quarter) and 1 international lounge visit annually.
4. Cardholders receive both RuPay and Mastercard variants, providing flexibility in payments and UPI linkage for RuPay.
5. Buy One Get One Free (BOGO) on movie tickets, twice a month, available through BookMyShow or Inox, with a maximum discount of ₹150 per ticket.
6. Along with the voucher, cardholders receive a complimentary 12-month MMTBLACK Gold Membership, offering additional discounts on MakeMyTrip bookings.

MakeMyTrip ICICI Bank Credit Card Eligibility Criteria

1. Age:
   • The primary cardholder must be between 21 and 60 years of age.
   • Add-on cardholders (if any) must be at least 18 years old.
2. Employment Status:
   • Applicants should be salaried or self-employed with a stable source of income.
3. Credit Score:
   • A good credit score (typically 750 or above) is generally required to ensure the applicant’s ability to manage credit responsibly.

Documents Required for MakeMyTrip ICICI Bank Credit Card

1. Proof of Identity:
   • Aadhar Card, Passport, Voter ID, or PAN Card.
2. Proof of Address:
   • Utility Bill, Aadhar Card, Passport, or Rental Agreement.
3. Proof of Income:
   • Latest Salary Slips (for salaried individuals) or Income Tax Returns (for self-employed).
4. Passport-Sized Photograph (if requested by the bank).

What Happened to MakeMyTrip ICICI Bank Signature/Platinum Credit Cards?

The MakeMyTrip ICICI Bank Signature and Platinum Credit Cards were earlier co-branded offerings from ICICI Bank in collaboration with MakeMyTrip. However, these cards have now been discontinued. ICICI Bank no longer issues these versions, and new applications for them are no longer accepted. They have been replaced by the MakeMyTrip ICICI Bank Credit Card, which is the only valid co-branded credit card currently available in partnership with MakeMyTrip. This new card provides similar travel benefits but with updated features and rewards to cater to frequent travellers. Existing holders of the Signature/Platinum cards may continue to use them until further notice from the bank.

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