Eligible spend
1 myCash per ₹100 on eligible spend
ICICI MASTERCARD
MakeMyTrip
Should you get this?
Strong fit
Why this card
- Forex markup is low at 0.99%.
- 2 per quarter domestic + 1 per year international.
Trade-off
The annual fee (₹999) is waived only when eligible annual spend exceeds ₹3,00,000.
Annual fee ₹999 per year
Rewards 1 myCash / ₹100
Lounge access 2 domestic (2 per quarter) + 1 intl (1 per year)
Forex markup 0.99% low
Compare with HDFC Bank Tata Neu Infinity RuPay →
Similar tier comparison
What it costs to get, and to keep
Joining vs renewalFirst year
₹999joining fee
From year 2
₹999renewal fee
Waived above ₹3,00,000 eligible annual spend
Welcome offer
Joining bundle (MMTBLACK + MakeMyTrip voucher)
MMTBLACK GOLD · MakeMyTrip
Qualification and fulfilment conditions apply
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend1 myCash / ₹100Credited as reward pointsDoes not earn on Not stated
- rent emi
MakeMyTrip hotel bookings6 myCash / ₹100Credited as reward points · additional conditions apply — not fully modelledNot stated
MakeMyTrip flights, holidays, cabs & buses3 myCash / ₹100Credited as reward points · additional conditions apply — not fully modelledNot stated
MakeMyTrip other platform spends1 myCash / ₹100Credited as reward points · additional conditions apply — not fully modelledNot stated
Redemption value
What a myCash is worth
- Travel₹1 / pt
When does this card pay for itself?
Rewards break-even estimate ₹1L
Conservative yearly spend needed at the ₹1-per-point ranking floor.
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getVerified value
₹1 per point
Travel
Best verified lane
MakeMyTrip hotel bookings
6 myCash / ₹100
View bonus categories →No reward on
- Rent
Realisation
Credited as reward points
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹3,00,000yearAnnual fee waiver
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Based on the standard earn rate (1 myCash / ₹100). Up to ~500 myCash/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
- Worth ~₹500 at the conservative redemption floor
- Fee waiver achievable at this spend
- Forex cost ~₹500 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- 2 per quarter
- International (cardholder)
- 1 per year Requires Priority Pass card
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- Issuer site (verified manually) , opens external site
- Mmt ICICI Official T&C
- ICICI official MakeMyTrip page
- Operator config (MakeMyTrip)
Rewards
- Base earn
- 1 myCash per ₹100 value depends on redemption
- Effective return (honest floor)
- ~1% base (conservative redemption) · verified 20 Jun 2026 Conservative redemption floor; best documented path is not ranked on.
- Headline point value
- ₹1.00 per myCash (Travel) · verified 20 Jun 2026 Operator-verified headline rate — full channel grid in Redemption value.
Insurance Cover
- Air accident cover
- ₹1 crore
- Personal accident cover
- ₹1 crore
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹999
- Joining fee
- ₹999 · verified 20 Jun 2026
- Fee waiver spend
- Above ₹3,00,000 · verified 20 Jun 2026 Annual fee waived on eligible anniversary-year spend above ₹3,00,000.
- Interest-free period
- Up to 48 days · verified 7 Jul 2026
International Use
- Forex markup
- 0.99%
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- ICICI official MakeMyTrip page
- Operator-verified anchor
- Product tier
- Mid-tier
Travel & perks
Fuel Benefits
At the pumpNo verified fuel benefit available.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshExclusions
These spends do not earn reward points.
Payments
- Rent
Latest update
- Annual fee: ₹999.
- Forex markup currently listed at 0.99%.
- 2 per quarter domestic lounge · 1 per year international.
Common questions
From verified card factsIs this good for lounge access?
2 per quarter domestic + 1 per year international. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 0.99%, which can be useful for international spends if the annual fee and usage pattern still make sense.
Is the annual fee easy to recover?
Fee waiver applies above ₹3,00,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
Joining bundle (MMTBLACK + MakeMyTrip voucher). Included items: MMTBLACK GOLD — Joining Benefits §: primary cardholder auto-enrolled into MMTBLACK GOLD within 30 business days of card activation., MakeMyTrip — ₹1,000 MakeMyTrip voucher, valid one year, credited on payment of the joining fee. The co-brand terms also describe a limited-time zero-joining-fee offer, and require the joining fee to be settled by the first or second statement, so confirm the current offer with the issuer before applying. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.
Learn more
Guides matched to this card — not a random syllabus.
- Forex markup bands
0% vs 3.5% — which cards publish what - How reward rate works
Pts / ₹100 without the marketing fog - Billing cycle
Statement date vs due date, clearly