MakeMyTrip ICICI Bank Signature Credit Card

About MakeMyTrip ICICI Bank Signature Credit Card

Are you tired of paying full price for your flights and hotels? The MakeMyTrip ICICI Bank Signature Credit Card is designed to ensure you never have to.

This card turns your everyday expenses into future vacations. By earning MyCash on every purchase, you can accumulate funds that are 100% usable for your next booking. If you spend ₹50,000 on travel annually, this card could effectively pay for your next weekend getaway. No complex points conversions or limited catalogs. Just direct savings on India’s leading travel platform.

This card is built for frequent travelers and working professionals earning ₹75,000 or more monthly. Whether you are booking a last minute flight or a luxury hotel, the benefits scale with your lifestyle. It bridges the gap between a standard credit card and a premium travel companion without the burden of a recurring annual fee.

What sets it apart:

• Zero Annual Fee: Unlike many premium travel cards that charge you every year, this card only has a one-time joining fee.
• Instant Value: You get ₹4,000 worth of joining benefits for a fee of just ₹2,500 plus GST.
• Real Money Rewards: 1 MyCash equals ₹1. You can use it just like cash on the MakeMyTrip app or website.

Quick check: To qualify for this card, you will need a minimum monthly income of ₹75,000 (for salaried) or an annual income of ₹9 Lakhs (for self-employed), along with a CRIF score of 750 or above.

Let's break down why this card deserves a spot in your travel kit:

Key Benefits and Features of MakeMyTrip ICICI Bank Signature Credit Card

The MakeMyTrip ICICI Bank Signature Credit Card is packed with features that cater specifically to the modern traveler. From the moment you activate the card, the value proposition is clear and direct.

Massive Welcome Bonus Package

When you pay the one-time joining fee of ₹2,500 plus GST, the bank rewards you with a welcome kit that exceeds the cost of the fee. You receive:

• ₹1,500 MyCash: This is credited directly to your MakeMyTrip wallet and is 100% usable for bookings.
• ₹2,500 Holiday Voucher: A significant discount for your next vacation package.
• Complimentary MMTBLACK Membership: This invite-only loyalty program offers exclusive discounts and premium customer service.

To ensure you get these rewards, you must make a minimum transaction of ₹100 within the first 30 days of receiving your card. Failing to do so will result in losing these introductory benefits.

The MyCash Reward System

The core strength of this card is the simplicity of its rewards. You earn MyCash on your spends, which is then stored in your MakeMyTrip MyCash wallet. The conversion is straightforward: 1 MyCash = ₹1.

• Travel Spends: Earn accelerated MyCash when you book flights, hotels, or holidays through the MakeMyTrip platform.
• Everyday Spends: You earn MyCash on almost all other purchases, including dining and shopping.
• Redemption: You can choose MyCash at the checkout page on the MakeMyTrip app or website. There are no hidden charges or restricted "reward catalogs" to deal with.

Fees, Waivers, and Eligibility Requirements

Understanding the cost of ownership is vital. This card follows a unique fee structure compared to its competitors. It charges a one-time joining fee of ₹2,500 plus GST. However, there is no annual fee mentioned for subsequent years, making it a "Pay Once, Use Forever" style card. This is a rare feature for a "Signature" category card which usually carries a recurring cost of ₹2,000 to ₹3,000 every year.

Eligibility Criteria:

• Age: You must be between 21 and 65 years old at the time of application.
• Salaried Income: A minimum monthly take-home salary of ₹75,000 is required.
• Self-Employed Income: A minimum annual income (ITR) of ₹9 Lakhs is necessary.
• Credit History: The bank requires a CRIF score of 750 or higher to process your application.

Spending Exclusions

While the card is great for earning rewards, certain categories do not earn MyCash. These include:

• Fuel purchases and fuel surcharge payments.
• Rent payments and wallet loads.
• EMI transactions and cash advances.
• Government-related payments and education fees.
• Service charges, interest, and late payment fees.

How to Apply?

The application process is simple and can be completed online. Follow these steps to get started:

1. Visit the official ICICI Bank website or the MakeMyTrip credit card page.
2. Fill in your basic details, including your mobile number and PAN card information.
3. Check your eligibility. The system will ask for your employment type (Salaried or Self-Employed).
4. Step 2: Ensure you meet the minimum income of ₹75,000 per month or ₹9 Lakhs annually before proceeding.
5. Enter your current residential address and employment details.
6. Upload the required documents for verification if prompted.
7. Submit your application. An ICICI Bank representative may call you for further verification or to schedule a document pickup.

The processing timeline typically ranges from 7 to 10 working days, subject to your location and the completion of document verification.

Credit Limit and What to Expect

Credit limits are assigned based on your income, credit score, and existing banking relationship. Limits typically range from ₹1,50,000 to ₹5,00,000 for this specific card profile. Since this is a Signature card with a ₹75,000 monthly income requirement, you can expect a healthy limit that supports international travel and large hotel bookings. High credit utilization can impact your credit score, so it is wise to use only 30 percent of the assigned limit regularly.

Comparison Table

To help you decide, here is how the MakeMyTrip ICICI Bank Signature Credit Card stacks up against other travel and co-branded cards in India.

The MakeMyTrip ICICI Bank Signature Credit Card is the clear winner if you want a premium travel card without the recurring headache of an annual fee. While the Axis variant offers similar rewards, the ICICI card's lack of a yearly renewal charge makes it much more affordable over a 3-5 year period.

Documents Required for MakeMyTrip ICICI Bank Signature Credit Card Application

You will need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License.
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), Rent Agreement, or Property Tax Receipt.
• Income Proof: Latest 3 months salary slips and 6 months bank statements showing salary credits.
• Employment Proof: Office ID card or employment letter.

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License.
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), or Property Documents.
• Income Proof: Latest 2 years ITR with computation of income, 6 months bank statements, and CA-certified financials.
• Business Proof: Business registration certificate, GST registration (if applicable), or Shop Act License.

Note: All documents must be self-attested. The bank may request additional documents during verification.

Who Should Get This Card?

Should you get this card? Here is who benefits most from the MakeMyTrip ICICI Bank Signature Credit Card:

The Corporate Frequent Flyer: You are a professional earning ₹1 Lakh monthly. You travel for work twice a month and always book through MakeMyTrip. Since your company reimburses the cost, you get to keep the MyCash rewards. By spending ₹30,000 on flights every month, you could accumulate enough MyCash to pay for your entire family's summer vacation tickets for free.

The Savvy Staycationer: You enjoy luxury hotels but hate the high price tags. You earn ₹80,000 a month and spend roughly ₹15,000 monthly on dining and shopping. By using this card for all your expenses, you build up a MyCash balance throughout the year. When combined with the MMTBLACK membership perks, you can book premium hotels at a fraction of the cost.

The One-Time Fee Seeker: You want a "Signature" category card with premium perks but refuse to pay ₹3,000 every year just to keep the card in your wallet. Since this card only has a joining fee that is offset by welcome gifts, it is perfect for you. You get the status and the rewards without the recurring liability.

You might want to skip this card if:

• You prefer booking directly with airlines or through other platforms like Agoda or Booking.com.
• You want a card that offers direct cashback into your bank account rather than travel wallet credits.
• Your monthly income is below ₹75,000, as the eligibility criteria are strictly enforced.

BankKaro Expert Review

Based on the card's features, this card excels at providing immediate value to the user. Most cards make you wait for months to see the benefits, but the MakeMyTrip ICICI Bank Signature Credit Card gives you a welcome kit worth more than the joining fee almost instantly. I find the MMTBLACK membership to be a hidden gem here, as it provides a level of service and discount that is usually reserved for very high spenders.

The biggest limitation is the "walled garden" approach. Your rewards are only useful if you stay loyal to MakeMyTrip. If the platform increases its prices or if you find a better deal elsewhere, your accumulated MyCash is stuck. Additionally, the lack of rewards on fuel and rent is a drawback for those who use their credit card for every single household expense.

Our verdict: Choose this card if you are a loyal MakeMyTrip user who wants a high-value travel card with zero recurring annual costs. It is one of the most cost-effective ways to enter the premium "Signature" card segment in India.

Terms and Conditions

Before using your MakeMyTrip ICICI Bank Signature Credit Card, keep these specific terms in mind:

• The bank may offer a different card variant based on your eligibility. Please carefully read the features of the card offered before submitting your application.
• A minimum transaction of ₹100 within 30 days is required to activate the card, otherwise, you won’t be eligible for the rewards.
• MyCash earned has an expiry period. Ensure you check your MakeMyTrip wallet for the validity of your points.
• The ₹2,500 Holiday Voucher may have specific terms regarding minimum booking amounts or eligible destinations.
• For complete terms and conditions regarding interest rates and fee structures, refer to the Most Important Terms and Conditions (MITC) document provided with your card kit.