MMT ICICI Bank Visa Signature Credit Card

The MMT ICICI Bank Visa Signature Credit Card is the ideal choice for frequent travellers who regularly book their flights, hotels, and holiday packages through MakeMyTrip. This co-branded card, offered in partnership with India's leading online travel platform, is particularly valuable for those who want to earn substantial rewards on their travel bookings whilst enjoying premium airport lounge access and exclusive travel benefits. 

As a mid-tier premium travel card, it strikes an excellent balance between affordable annual fees and valuable travel rewards. Whether you're a leisure traveller planning domestic holidays, a business professional booking work trips, or someone who enjoys weekend getaways, this card ensures every rupee spent on MakeMyTrip brings you closer to your next adventure through MyCash rewards that can be directly redeemed for future bookings. 

Overview 

MakeMyTrip Partnership: The card is co-branded with MakeMyTrip, India's largest online travel company with a comprehensive portfolio of travel services. Every eligible transaction earns MyCash that can be redeemed for flights, hotels, and holiday packages on the MakeMyTrip platform (www.makemytrip.com), giving you access to vast travel inventory at competitive prices. 

Visa Signature Benefits: As a Visa Signature card, you enjoy global acceptance at millions of merchants worldwide, premium customer service, and access to exclusive Visa Signature privileges including lounge access programmes, dining experiences, and travel benefits that complement the MakeMyTrip-specific advantages. 

MyCash Rewards System: Unlike traditional credit card points, MyCash is straightforward: 1 MyCash = ₹1. This transparent reward structure makes it easy to calculate your earnings and redemption value. MyCash earned on the card is credited directly to your MakeMyTrip wallet and can be used for bookings with no blackout dates or complicated redemption processes. 

Accelerated Travel Earning: The card truly shines when used for travel-related purchases on MakeMyTrip. Hotel and holiday bookings earn 4 MyCash per ₹200 spent (2% reward rate), whilst flight bookings earn 2 MyCash per ₹200 (1% reward rate). Even non-MakeMyTrip spends earn rewards: 1.50 MyCash per ₹200 on international transactions and 1.25 MyCash per ₹200 on domestic retail spends. 

Comprehensive Lounge Programme: Access 2 complimentary domestic airport lounges per quarter by spending ₹5,000 or more in the preceding quarter. Additionally, enjoy 1 complimentary international lounge visit annually through Priority Pass (for cards applied after 15 November 2024) or DreamFolks membership (for cards applied before 15 November 2024), plus 1 complimentary railway lounge access every quarter at select stations across India. 

MMTBLACK Platinum Membership: New cardholders receive 1 year complimentary MMTBLACK Platinum Tier membership, India's most rewarding travel loyalty programme. Benefits include exclusive discounts on flights and hotels, members-only deals, priority customer service, bonus earnings on bookings, and access to flash sales and limited-time offers. 

Milestone Rewards Programme: The card features an attractive milestone rewards structure. Spend ₹2.5 lakh in an anniversary year and earn ₹1,100 MyCash; spend ₹5 lakh and earn ₹4,000 MyCash. These milestone bonuses effectively reduce your net annual fee and reward consistent card usage throughout the year. 

24×7 i-Assist Concierge: ICICI Bank provides dedicated i-Assist concierge services (accessible at 1800 26 70731 or 022 6787 2016) to handle travel arrangements, dining reservations, event bookings, emergency services, lifestyle management, and personalised assistance, elevating the premium card experience. 

Entertainment and Dining Benefits: Beyond travel, cardholders enjoy 25% discount (up to ₹150) on movie tickets through BookMyShow and INOX, available twice per month. The ICICI Bank Culinary Treats programme offers exclusive discounts at partner restaurants nationwide, perfect for foodies and dining enthusiasts. 

MMT Cab Benefits: Enjoy instant discounts on taxi bookings through MakeMyTrip: flat ₹100 off on airport rides (up to 3 times per month), flat ₹250 off on one-way outstation rides (up to 3 times per month), and flat ₹500 off on round-trip outstation rides (up to 3 times per month), using specific coupon codes. 

International Travel Perks: Receive a complimentary 10-day international roaming pack when you book an international flight or hotel on MakeMyTrip using your card. This Airtel roaming pack ensures you stay connected during your overseas travels without worrying about expensive roaming charges. 

Comprehensive Insurance Coverage: The card includes fraud protection benefits such as Counterfeit Card Liability (protection against unauthorised usage due to card duplication) and Account Takeover Cover (safeguarding against misuse of personal information by third parties), providing peace of mind during your transactions. 

No Annual Fee Waiver Structure: Unlike some co-branded cards, the MMT ICICI Bank Visa Signature Credit Card does not offer a spend-based annual fee waiver. The joining fee of ₹2,500 + GST and renewal fee of ₹2,500 + GST must be paid regardless of spending levels. However, the substantial welcome benefits and milestone rewards help offset this cost significantly. 

Excluded Categories: MyCash is not earned on certain transaction categories including EMI conversions, rent payments, insurance premiums, wallet loads, cash withdrawals, and fuel purchases (0 MyCash). Plan your card usage strategy to maximise high-earning categories like travel bookings on MakeMyTrip. 

This card represents an excellent mid-tier travel credit card for those seeking consistent rewards on MakeMyTrip bookings, flexible redemption options, and comprehensive travel benefits with affordable annual fees. The straightforward MyCash reward structure and extensive MakeMyTrip partner network ensure maximum value for frequent travellers. 

Rewards and Benefits 

Earning MyCash 

Hotel and Holiday Bookings on MakeMyTrip: 

• 4 MyCash per ₹200 spent (2% reward rate) 

• Highest earning rate on the card 

• Applicable on hotel stays, holiday packages, and tour bookings 

• Earn on both domestic and international hotel reservations 

Flight Bookings on MakeMyTrip: 

• 2 MyCash per ₹200 spent (1% reward rate) 

• Applies to all airline bookings made through MakeMyTrip 

• Valid for domestic and international flight tickets 

• Earn on economy, premium economy, and business class bookings 

International Retail Spends (Outside MakeMyTrip): 

• 1.50 MyCash per ₹200 spent (0.75% reward rate) 

• Applicable on all transactions in foreign currency 

• Includes online international shopping, overseas dining, and travel expenses 

• Higher earning than domestic retail spends 

Domestic Retail Spends (Outside MakeMyTrip): 

• 1.25 MyCash per ₹200 spent (0.625% reward rate) 

• Applies to all other retail spending within India 

• Includes shopping, dining, groceries, and utilities 

• Base earning rate for non-travel transactions 

Zero Earning Categories: 

• 0 MyCash: Fuel purchases, EMI conversions, rent payments, wallet loads, cash advances, insurance premiums 

• Plan spending to avoid these categories for rewards optimisation 

MyCash Calculation Examples: 

• ₹20,000 hotel booking on MakeMyTrip = 400 MyCash (₹400 value) 

• ₹10,000 flight booking on MakeMyTrip = 100 MyCash (₹100 value) 

• ₹10,000 international shopping = 75 MyCash (₹75 value) 

• ₹10,000 domestic shopping = 62.50 MyCash (₹62.50 value, rounded to 63 MyCash) 

Redeeming MyCash 

Flight Bookings: Redeem your MyCash for flight tickets on the MakeMyTrip portal: 

• Extensive airline partner network including Air India, IndiGo, Vistara, SpiceJet, GoAir, and international carriers 

• Book domestic and international flights using your accumulated MyCash 

• Flexible partial redemption: combine MyCash with cash payment for bookings 

• No blackout dates or booking restrictions 

• 1 MyCash = ₹1 credit towards flight bookings 

Hotel Bookings: Redeem MyCash for hotel stays worldwide: 

• Global hotel partner network including major chains and independent properties 

• Book hotels in India and international destinations 

• Options for luxury resorts, business hotels, and budget accommodations 

• Combine MyCash with cash for partial redemptions 

• Special member rates for MMTBLACK Platinum tier members 

• 1 MyCash = ₹1 credit towards hotel bookings 

Holiday Packages: Redeem MyCash for complete holiday packages: 

• Pre-designed tour packages including flights, hotels, and sightseeing 

• Customisable packages for domestic and international destinations 

• Family holiday packages, honeymoon specials, and adventure tours 

• Combine MyCash with ongoing offers and discounts 

• 1 MyCash = ₹1 credit towards holiday packages 

Cab and Bus Bookings: Redeem MyCash for ground transportation: 

• Local taxi bookings for airport transfers and city rides 

• Outstation cab bookings for road trips and weekend getaways 

• Bus ticket bookings for intercity and interstate travel 

• 1 MyCash = ₹1 credit towards cab and bus bookings 

Other Redemption Options: 

• Restaurant vouchers through MakeMyTrip partners 

• Activity bookings like theme parks, museums, and tours 

• Travel insurance and visa services 

• E-commerce vouchers from MakeMyTrip partner brands 

MyCash Validity: 

• MyCash typically valid for 1 year from date of credit 

• Check your MakeMyTrip wallet regularly to monitor expiry dates 

• MMTBLACK Platinum members may have extended validity 

• Use MyCash before expiry to maximise value 

No Redemption Fees: 

• Zero charges for redeeming MyCash towards bookings 

• Full value of MyCash credited directly to booking amount 

• No minimum redemption threshold for most bookings 

• Instant credit at checkout when using MyCash 

Welcome Benefits 

₹1,500 MyCash Bonus: 

• Receive ₹1,500 MyCash as welcome bonus 

• Credited within 45 days of paying joining fee 

• No minimum spend requirement for this benefit 

• Can be used immediately for MakeMyTrip bookings 

• Worth ₹1,500 in travel value 

₹2,500 Holiday Voucher: 

• MakeMyTrip holiday voucher worth ₹2,500 

• Valid for bookings on MakeMyTrip platform 

• Credited within 45 working days post joining fee payment 

• Use for domestic or international holiday packages 

• Applicable on flights, hotels, and package tours 

MMTBLACK Platinum Membership: 

• Enjoy 1 year complimentary MMTBLACK Platinum Tier membership 

• Priority customer service and dedicated support 

• Exclusive member-only deals and flash sales 

• Bonus MyCash on select partner transactions 

• Enhanced redemption options and better rates 

• Access to members-only offers and early bird deals 

• Accelerated tier progression opportunities 

Total Welcome Value: 

• ₹1,500 MyCash + ₹2,500 holiday voucher = ₹4,000 worth benefits 

• Substantially offsets the ₹2,950 joining fee (₹2,500 + GST) 

• Immediate value that can be used for next holiday booking 

Milestone Benefits 

₹2.5 Lakh Spending Milestone: 

• Earn ₹1,100 MyCash on spending ₹2.5 lakh in an anniversary year 

• Credited automatically upon reaching threshold 

• Eligible spends calculated from anniversary date 

• Approximately 0.44% additional return on milestone spending 

₹5 Lakh Spending Milestone: 

• Earn ₹4,000 MyCash on spending ₹5 lakh in an anniversary year 

• Credited automatically upon reaching threshold 

• Cumulative benefit (includes ₹2.5 lakh milestone) 

• Approximately 0.80% additional return on milestone spending 

Eligible Spending for Milestones: 

• All retail transactions including MakeMyTrip bookings 

• International and domestic spends count towards milestone 

• Entertainment, dining, and shopping included 

Excluded from Milestone Calculation: 

• EMI conversions and interest charges 

• Rent payments and wallet loads 

• Cash advances and fees/charges 

• Refunds and reversed transactions 

Milestone Reward Calculation Example: If you spend ₹5 lakh in the anniversary year: 

• Base MyCash earned (average 1.5% rate): ₹7,500 approximately 

• Milestone bonus: ₹1,100 + ₹4,000 = ₹5,100 

• Total MyCash earned: ₹12,600 

• Effective reward rate: 2.52% on ₹5 lakh spending 

Lounge Access Benefits 

Domestic Airport Lounge Access: Enjoy complimentary access to select domestic airport lounges across India: 

Access Criteria: 

• Spend minimum ₹5,000 in a calendar quarter on your card 

• Qualifying spend in Q1 unlocks access for Q2, and so on 

• 2 complimentary visits per quarter for primary cardholder only 

• Spend tracked from 1 January-31 March, 1 April-30 June, 1 July-30 September, 1 October-31 December 

How to Access: 

• Present your MMT ICICI Bank Visa Signature Credit Card and boarding pass at lounge reception 

• Access fee temporarily charged and reversed automatically 

• Available at major airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Pune, Ahmedabad, and more 

Lounge Amenities: 

• Comfortable seating areas with air conditioning 

• Complimentary food and beverages (snacks, meals, drinks) 

• High-speed Wi-Fi connectivity 

• Business facilities including workstations 

• Newspapers, magazines, and entertainment 

• Television and charging points 

• Clean washrooms and refreshments 

International Airport Lounge Access: Access international airport lounges through complimentary membership: 

For Cards Applied On or After 15 November 2024: 

• Priority Pass Membership provided complimentary 

• 1 complimentary international lounge visit annually 

• Access to 1,400+ lounges in 145+ countries worldwide 

• Present your Priority Pass Membership Card at participating international lounges 

• For complete list of international airport lounges, visit www.prioritypass.com/airport-lounges 

For Cards Applied Before 15 November 2024: 

• DreamFolks Membership provided complimentary 

• 1 complimentary international lounge visit annually 

• Access to 650+ lounges in 100+ countries 

• DreamFolks membership worth USD 99 provided free 

• Present your DreamFolks Membership Card at participating international lounges 

How to Access International Lounges: 

• Present your membership card and boarding pass 

• USD 1 transaction temporarily charged and refunded 

• Valid regardless of airline or travel class 

• Subject to availability and lounge capacity 

Railway Lounge Access: Enjoy premium railway lounge services at select Indian railway stations: 

Benefits: 

• 1 complimentary railway lounge access every quarter 

• Available at major railway stations across India 

• Comfortable seating, refreshments, and charging points 

• Clean facilities and air conditioning 

How to Access: 

• Present your MMT ICICI Bank Visa Signature Credit Card 

• Must have valid railway ticket for same-day travel 

• Available only for primary cardholders 

• Access subject to availability at participating lounges 

Important Notes: 

• All lounge benefits available only for primary cardholders 

• Add-on cardholders not eligible for lounge access 

• Visits beyond complimentary quota charged as per lounge rates 

• Carry valid government ID along with credit card 

MMT Cab Benefits 

Airport Rides Discount: 

• Flat ₹100 instant discount on every airport ride 

• Available up to 3 times per month 

• Use coupon code: MMTCAB1 during booking 

• Applicable on pickups and drops to/from airports 

• Valid on bookings via MakeMyTrip mobile app or website 

Outstation Rides Discount (One-Way): 

• Flat ₹250 instant discount on every one-way outstation ride 

• Available up to 3 times per month 

• Use coupon code: MMTCAB2 during booking 

• Perfect for weekend getaways and business trips 

• Valid on bookings via MakeMyTrip mobile app or website 

Outstation Rides Discount (Round Trip): 

• Flat ₹500 instant discount on every round-trip outstation ride 

• Available up to 3 times per month 

• Use coupon code: MMTCAB3 during booking 

• Ideal for multi-day trips and family holidays 

• Valid on bookings via MakeMyTrip mobile app or website 

How to Avail: 

• Book cab through MakeMyTrip mobile app or website 

• Select your pickup and drop locations 

• Apply the relevant coupon code at checkout 

• Pay using your MMT ICICI Bank Visa Signature Credit Card 

• Discount applied instantly to booking amount 

Annual Savings Potential: 

• 3 airport rides/month × ₹100 × 12 months = ₹3,600 

• 3 outstation one-way rides/month × ₹250 × 12 months = ₹9,000 

• 3 outstation round-trips/month × ₹500 × 12 months = ₹18,000 

• Maximum annual cab savings: ₹30,600 

Entertainment Benefits 

BookMyShow Movie Offer: Enjoy exclusive movie ticket discounts: 

Benefit: 

• 25% discount (up to ₹150 maximum) on movie tickets 

• Available twice per month (maximum) 

• Minimum purchase of 2 tickets required 

• Valid on both website and mobile app bookings 

• Applicable at cinemas nationwide including PVR, INOX, Cinepolis, and others 

How to Use: 

• Visit BookMyShow platform (website or mobile app) 

• Select your movie, cinema, and show timing 

• Book minimum 2 tickets 

• Apply the ICICI credit card offer code at checkout 

• Pay using your MMT ICICI Bank Visa Signature Credit Card 

• Discount applied automatically (25% up to ₹150) 

INOX Offer: 

• Similar 25% discount (up to ₹150) available at INOX cinemas 

• Valid twice per month 

• Minimum 2 tickets purchase required 

Annual Value Calculation: 

• 2 transactions per month × 12 months = 24 transactions annually 

• Average discount per transaction: ₹150 

• Maximum annual movie savings: ₹3,600 

• Perfect for movie enthusiasts and families 

Terms: 

• Offer subject to availability and terms 

• Cannot be combined with other offers 

• Valid only when paying with MMT ICICI Bank Visa Signature Credit Card 

Dining Benefits 

ICICI Bank Culinary Treats Programme: Enjoy exclusive dining privileges at premium restaurants across India: 

Benefits: 

• Exclusive discounts at participating restaurants nationwide 

• Access to fine dining establishments and popular eateries 

• Advance table reservations at select restaurants 

• Priority seating during peak hours 

• Chef's special menus and experiences 

• Complimentary beverages at select locations 

How to Avail: 

• Check the ICICI Bank Culinary Treats partner restaurant list 

• Make reservations mentioning your Signature card 

• Present card for payment to receive discounts 

• Benefits vary by restaurant and occasion 

Partner Restaurants: 

• Fine dining restaurants across metro cities 

• Popular chains and standalone restaurants 

• Cuisines including Indian, Chinese, Continental, Italian, and more 

• Available in cities like Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Pune, and others 

International Travel Benefits 

Complimentary International Roaming Pack: 

• Free 10-day international roaming pack from Airtel 

• Activated when you book an international flight or hotel on MakeMyTrip 

• Must use your MMT ICICI Bank Visa Signature Credit Card for booking 

• Roaming pack includes data, calls, and SMS services 

• Stay connected during overseas travels without expensive roaming charges 

• Saves approximately ₹1,000-₹2,000 per international trip 

Foreign Currency Markup: 

• 3.5% + GST markup on international transactions 

• Total effective markup: approximately 4.13% 

• Competitive rate for premium travel cards 

• No additional cross-currency conversion charges 

• Applies to all foreign currency transactions including overseas shopping, dining, and travel expenses 

Concierge Services 

24×7 i-Assist Concierge: Access premium lifestyle concierge services round the clock: 

Contact Details: 

• Toll-free: 1800 26 70731 

• Alternate: 022 6787 2016 

• Available 24 hours, 7 days a week 

• Multilingual support available 

Services Offered: 

Travel Assistance: 

• Flight and hotel reservations 

• Holiday package planning 

• Visa and passport assistance 

• Airport transfers arrangement 

• Car rental bookings worldwide 

• Travel insurance queries and support 

Dining & Entertainment: 

• Restaurant recommendations and reservations 

• Theatre and event ticket bookings 

• Special occasion planning (birthdays, anniversaries) 

• Entertainment suggestions based on preferences 

• Access to exclusive dining experiences 

Lifestyle Services: 

• Gift delivery arrangements for special occasions 

• Flower delivery services nationwide 

• Courier and logistics support 

• Shopping assistance and recommendations 

• Lifestyle management services 

Emergency Support: 

• Lost card assistance and immediate blocking 

• Emergency cash arrangements 

• Medical referrals when travelling 

• Legal referrals if needed 

• Translation services in foreign countries 

Business Services: 

• Conference and meeting arrangements 

• Business service referrals 

• Secretarial services 

• Professional networking assistance 

Insurance Coverage 

Fraud Protection Benefits: 

Counterfeit Card Liability: 

• Protection against unauthorised usage due to card duplication 

• Coverage for transactions made using counterfeit cards 

• Zero liability after reporting to bank 

• Investigation and resolution support 

Account Takeover Cover: 

• Safeguards against misuse of personal information 

• Protection if third party accesses account without consent 

• Coverage for unauthorised transactions 

• Identity theft protection support 

How to Report: 

• Immediately call ICICI Customer Care: 1800 1080 

• Block card through iMobile app or Internet Banking 

• File FIR if necessary 

• Provide transaction details for investigation 

• Zero liability protection activates after reporting 

Fuel Benefits 

Fuel Surcharge Waiver: Save on fuel expenses with 1% surcharge waiver: 

Terms: 

• 1% waiver on fuel transactions between ₹400-₹4,000 

• Applicable only at HPCL fuel stations 

• Must be swiped on ICICI Merchant Services POS machines 

• Waiver credited automatically to account within billing cycle 

• GST on fuel surcharge is non-refundable 

Important Note: 

• Fuel purchases earn 0 MyCash 

• Not optimal for fuel spending compared to dedicated fuel cards 

• Use alternative cards with better fuel rewards for petrol/diesel purchases 

• This benefit is supplementary rather than primary advantage 

Maximum Benefit Calculation: 

• Transaction range: ₹400-₹4,000 per transaction 

• 1% waiver on ₹4,000 = ₹40 savings per transaction 

• Multiple transactions allowed per month 

Interest-Free Credit Period 

Grace Period: Enjoy interest-free credit on purchases: 

• Up to 48 days interest-free period 

• Applicable when full outstanding amount is paid by due date 

• Period calculated from transaction date to payment due date 

• Does not apply to cash advances or EMI conversions 

Revolving Credit Facility: Opt for revolving credit by paying Minimum Amount Due: 

• Pay as low as 5% of outstanding or ₹500 (whichever is higher) 

• Interest charged on unpaid balance at 3.75% per month (45% annually) 

• Flexibility to manage cash flow during tight months 

• Loss of interest-free benefit when using revolving credit 

Recommendation: 

• Always pay full outstanding balance by due date 

• Avoid revolving credit to prevent high interest charges 

• Set up auto-pay or standing instruction for timely payments 

• 45% annual interest rate is extremely high