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ICICI Bank · researched credit card

MakeMyTrip ICICI Bank Credit Card

A travel-focused ICICI/MakeMyTrip card combining myCash, MMTBLACK membership, lounge benefits and a low 0.99% forex markup.

First-party evidenceActiveReviewed September 11, 2026
Travel Credit CardsLow Forex Markup Credit CardsRewards Credit CardsAirport Lounge Credit Cards
Open official issuer sourceIssuer dossier
Annual fee₹999 + GST
Joining fee₹999 + GST
NetworkRuPay / current variant as offered
Last reviewedSeptember 11, 2026
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

3 first-party sources
Last checkedSeptember 11, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 26, 2026.

Decision brief

Start with fit before chasing headline benefits.

The card may be attractive for a specific use case while still being a poor fit once fees, spending thresholds, exclusions or travel conditions are considered.

Potential fit

Travelers who frequently book through MakeMyTrip and want a published 0.99% forex markup with merchant-linked travel rewards.

Before you apply
  • myCash is a travel-platform reward currency rather than cash.
  • The fee waiver requires ₹3 lakh annual spend.
  • Domestic airport lounge access requires ₹75,000 spend in the preceding calendar quarter; international access is capped separately at 1 complimentary visit annually.
Four critical factors

Read these four fields before anything else.

They usually determine whether the card's published proposition survives contact with your actual spending and travel pattern.

Reward modelUp to 6% myCash on eligible MakeMyTrip bookings; unlimited myCash rewards that do not expire under the reviewed product proposition
Fee waiverAnnual fee waived for the next year on spends over ₹3 lakh
Lounge access2 complimentary domestic airport lounge visits per quarter after ₹75,000 spend in the preceding calendar quarter, plus 1 complimentary international airport lounge visit annually; lounge benefits are for the primary cardholder.
Forex markup0.99% foreign-currency markup
Published terms

Exact decision fields from the maintained profile.

These fields preserve source wording and conditions rather than reducing the card to a single score.

Joining fee₹999 + GST
Annual fee₹999 + GST
Fee waiverAnnual fee waived for the next year on spends over ₹3 lakh
RewardsUp to 6% myCash on eligible MakeMyTrip bookings; unlimited myCash rewards that do not expire under the reviewed product proposition
NetworkRuPay / current variant as offered
Lounge access2 complimentary domestic airport lounge visits per quarter after ₹75,000 spend in the preceding calendar quarter, plus 1 complimentary international airport lounge visit annually; lounge benefits are for the primary cardholder.
Forex markup0.99% foreign-currency markup
Value interpretation

Separate published mechanics from personal value.

The same card can produce very different value depending on where you spend, whether you hit thresholds and whether caps or exclusions matter.

Annual-cost test

Treat the annual fee as a cost that must be recovered from benefits you would have used anyway.

Reward-value test

Reward points should be converted into a realistic rupee value using the redemption route you are actually likely to use.

Travel-benefit test

Treat lounge access, transfer partners and travel vouchers as conditional value. Check spend thresholds, visit caps and redemption rules.

Approval reality

Published eligibility is not a promise of approval. Issuers can apply internal underwriting, documentation and credit-limit policies.

Reward-value calculatorModel an effective reward rate and cap.→Annual-fee break-evenEstimate the eligible spend needed to recover the fee.→Forex-cost calculatorEstimate markup and GST on overseas spend.→
Decision checklist

Five questions to answer before applying.

These questions turn the researched terms into a personal decision without estimating approval odds.

Annual-cost question

Would you pay the stated annual fee if you did not hit the waiver?

₹999 + GST · Annual fee waived for the next year on spends over ₹3 lakh

Earning question

Does your normal spending actually fall into the card’s rewarded categories?

Up to 6% myCash on eligible MakeMyTrip bookings; unlimited myCash rewards that do not expire under the reviewed product proposition

Travel question

Are the lounge and international-use terms useful for your real travel pattern?

2 complimentary domestic airport lounge visits per quarter after ₹75,000 spend in the preceding calendar quarter, plus 1 complimentary international airport lounge visit annually; lounge benefits are for the primary cardholder. · 0.99% foreign-currency markup

Complexity question

Can you realistically track the caps, channels and exclusions behind the headline benefit?

myCash is a travel-platform reward currency rather than cash. The fee waiver requires ₹3 lakh annual spend.

Eligibility question

Does the application route fit your profile without assuming approval?

Reviewed issuer page lists Indian citizens age 21+ and indicative monthly income of ₹20,000 salaried or annual income of ₹2.4 lakh if self-employed; approval remains with ICICI Bank

Eligibility & underwriting

Published eligibility is not an approval prediction.

Income, bureau history, geography, documentation, existing relationship and the issuer's internal underwriting can all change the outcome.

Published eligibility

Reviewed issuer page lists Indian citizens age 21+ and indicative monthly income of ₹20,000 salaried or annual income of ₹2.4 lakh if self-employed; approval remains with ICICI Bank

Maintained comparisons

Compare this card against exact researched alternatives.

Pairs are curated only where the engine has enough decision value to justify a maintained comparison page.

Browse all maintained card comparisons →
Research next

Alternatives without pretending one card is universally better.

These routes help you inspect related cards, the same issuer's portfolio and—where mapped—the wider bank relationship.

First-party evidence ledger

Verify the card against the documents behind the profile.

Source links, reviewed fields and unresolved verification gaps remain visible. Research freshness is not a guarantee that the issuer has not changed terms after the stated review date.

Evidence statefirst party verified
ReviewedSeptember 11, 2026
Issuer documents3
Terms confirmed in the profile
Joining feeAnnual feeFee waiverRewardsLoungeForexEligibilityStatus
Issuer evidenceDocument typeOpen
Primary sourceIssuer product pageView ↗
Supporting source 2Issuer product pageView ↗
Supporting source 3Issuer product pageView ↗

Verification means these published terms were checked against the linked first-party issuer material on the review date. It does not mean the issuer guarantees approval, a credit limit or that terms cannot change later.