Compare Kotak Air+ Credit Card and MakeMyTrip ICICI Bank Credit Card on annual fee, rewards, fee waiver, lounge access, forex markup, best-fit use case and source evidence.
Compare exact issuer-backed terms and practical trade-offs without a universal winner badge.
Travelers who prefer a simple air-mile currency, can use the six annual lounge visits and spend enough to justify a non-waivable ₹3,000 fee.
Travelers who frequently book through MakeMyTrip and want a published 0.99% forex markup with merchant-linked travel rewards.
bankingreference.info · Comparison research sheet
Prepared 14 Sep 2026 · Source page: https://bankingreference.info/compare/kotak-air-plus-credit-card-vs-makemytrip-icici-bank-credit-card/
General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.
Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.
Source review: September 9, 2026
Maintenance: Within the scheduled review window
4 attached sources. A review date is not a guarantee that terms have stayed unchanged.
Source review: September 11, 2026
Maintenance: Within the scheduled review window
3 attached sources. A review date is not a guarantee that terms have stayed unchanged.
Full issuer-backed wording stays visible because a waiver condition, cap or qualification rule can matter more than the headline number.
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| Decision factor | Kotak Air+ Credit Card | MakeMyTrip ICICI Bank Credit Card |
|---|---|---|
| Joining fee | ₹3,000 + applicable taxes | ₹999 + GST |
| Annual fee | ₹3,000 + applicable taxes | ₹999 + GST |
| Fee waiver | No spend-based annual-fee waiver in the reviewed Kotak Air+ KFS | Annual fee waived for the next year on spends over ₹3 lakh |
| Rewards | 2,500 Air Miles as welcome/renewal benefit; 5 Air Miles per ₹100 on eligible Kotak Unbox travel bookings and 2 Air Miles per ₹100 on other eligible purchases | Up to 6% myCash on eligible MakeMyTrip bookings; unlimited myCash rewards that do not expire under the reviewed product proposition |
| Lounge | 2 complimentary international and 4 domestic airport lounge visits annually on the reviewed product listing | 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. |
| Forex markup | 2% foreign-currency transaction markup under the reviewed KFS | 0.99% foreign-currency markup |
| Network | See current issued network | RuPay / current variant as offered |
| Eligibility / approval | Subject to Kotak Mahindra Bank underwriting, documentation and current sourcing criteria | 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 |
These cautions remain attached to the underlying card records instead of being converted into a score.
These tools are arithmetic aids only. They do not predict approval, issuer offers or future benefits.
Each side keeps its own review date, source set and evidence state.
Checked: Joining fee · Annual fee · Fee waiver · Rewards · Lounge · Forex · +2 more
Open primary issuer source ↗Checked: Joining fee · Annual fee · Fee waiver · Rewards · Lounge · Forex · +2 more
Open primary issuer source ↗These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.
Reviewed September 9, 2026 · 4 attached first-party sources
Reviewed September 11, 2026 · 3 attached first-party sources