ICICI MakeMyTrip Credit Card
A solid card for MakeMyTrip loyalists — the platform integration means your reward points go further when redeemed through MMT than as cashback. The 8 lounge visits sweeten the deal for travelers. The weak point is the non-MMT base earn rate: 1.33% points is mediocre outside the MMT ecosystem, and independent travelers who use multiple booking platforms will find Axis Atlas or HDFC Regalia more rewarding.
By Ashutosh · Updated June 2026
The effective earn rate on MMT bookings via this card is approximately 4% when points are redeemed for MMT vouchers — a strong rate for a ₹1,500/year card. At ₹30,000/year on MakeMyTrip bookings, you earn ₹1,200 in MMT value, nearly covering the fee from travel alone. Add 8 lounge visits (worth ₹4,800-6,400) and the total annual benefit easily exceeds ₹6,000 for a ₹1,500 fee — a strong value proposition for frequent MMT users.
A business or leisure traveler who books at least 4-5 trips per year primarily through MakeMyTrip — flights, hotels, or both — and uses airport lounges regularly.
You book travel on multiple platforms (Cleartrip, EaseMyTrip, direct airline sites) or are an independent travel researcher who rarely uses a single OTA — the 1.33% non-MMT rate does not justify the fee.
8 pts/₹150 on MMT (1.33%), 4 pts dining (0.67%), 2 pts other (0.33%) · 1pt = ₹0.25 · ₹1,500 welcome MMT points
PROS
- Good for MakeMyTrip users
- Decent lounge access
- Welcome points offset first year fee
CONS
- Points only useful on MMT
- Low non-MMT rates
- ₹1,500 fee
- MakeMyTrip Flight Bookings: Higher reward rate on MMT flight bookings, with points worth approximately 4% when redeemed for MMT vouchers. At ₹50,000/year in domestic flight bookings on MMT, you accumulate ₹2,000 in MMT redemption value — 1.33x the annual fee from flights alone.
- MakeMyTrip Hotel Bookings: Same elevated rate on MMT hotel reservations. A ₹20,000 hotel booking earns ₹800 in MMT points redeemable for future hotel stays. Particularly strong for long-stay bookings where the absolute point value is high, even if the percentage is fixed.
- Domestic Airport Lounge Access: 8 complimentary domestic lounge visits per year — among the most generous for a ₹1,500/year card. At ₹650/visit, that is ₹5,200 in saved lounge fees annually, alone representing 3.5x the card's annual fee. Business travelers flying monthly will extract maximum value here.
- MMT Holiday Packages: Holiday packages booked through MMT (flights plus hotels bundled) earn at the elevated MMT rate on the full package value. At ₹80,000 for a Goa or Kerala package, the reward value is approximately ₹3,200 in MMT vouchers — applicable to the next holiday booking.
- MakeMyTrip Welcome Vouchers: The card comes with MMT welcome vouchers (typically ₹1,000-2,500 in value, dependent on joining offer). These offset part of the annual fee immediately on activation. Use the welcome voucher on your first MMT booking within the validity period to realize immediate value.
If you book across Cleartrip, EaseMyTrip, GoMMT, or direct airline websites, ICICI MMT earns only 1.33% on those platforms. Axis Atlas earns 5 EDGE Miles per ₹100 on all travel portals — worth about 2.5% and transferable to airline miles programs. For multi-platform travelers, Atlas returns 2x more.
Non-travel spend on ICICI MMT earns 1.33% — below par for 2026. Amazon Pay ICICI earns 5% on Amazon and 1% on others for free. If your spending beyond travel is Amazon-heavy, Amazon Pay ICICI captures that category at no incremental fee.
ICICI MMT's lounge access is domestic only. International trips benefit more from Priority Pass (global lounge access) offered by HDFC Regalia Gold or Axis Atlas. If you travel internationally 2+ times per year, the global lounge access and lower forex markup on Regalia Gold make it the better travel card.
ICICI MMT earns 1.33% on fuel — a losing proposition after the 1.8% surcharge. ICICI HPCL Coral at ₹500/year gives 2% plus surcharge waiver on HPCL. You can hold both ICICI cards (same bank relationship) to cover different categories efficiently.
Both are ICICI Bank cards — one ICICI app, one rewards program. MMT card handles all travel spend at elevated MMT rates. HPCL Coral handles fuel at 2% plus surcharge waiver. Combined cost ₹2,000/year with clearly differentiated category coverage.
View ICICI HPCL Coral Credit Card →MMT card for all MakeMyTrip bookings and lounge access. Amazon Pay ICICI (free) for everyday Amazon spend at 5%. Both are ICICI cards, simplifying billing and reward management. Total fee is just the MMT card's ₹1,500.
Use ICICI MMT for travel bookings and lounges. Use SBI Cashback for all other online purchases at 5% direct cashback to bank account. Between the two, travel earns MMT vouchers and all other online spend earns 5% cashback — a clean two-card split covering high-value categories.
View SBI Cashback Card →Are the reward points on ICICI MMT redeemable only for MakeMyTrip bookings?
The points earned via this card are ICICI Bank Reward Points, redeemable in multiple ways: for MakeMyTrip bookings (best value at approximately 4% return), for statement credit (lower redemption value), or for products in the ICICI rewards catalog. Always redeem via MMT for maximum value — statement credit redemptions are worth significantly less per point.
Does the elevated MMT earning rate apply to all categories on MakeMyTrip?
The elevated rate applies to flights and hotels booked through MakeMyTrip. Bus tickets, cab bookings, and travel insurance on MMT may earn at the base rate (1.33%) depending on the current terms. Verify with ICICI Bank's latest benefits document, as the MMT categories have been updated multiple times since the card launched.
Is the lounge access benefit provided through Dreamfolks or a separate program?
ICICI credit card lounge access is typically managed through Dreamfolks (formerly DreamFolks) for domestic lounges. You present the credit card at participating lounges and the visit is charged to Dreamfolks, then deducted from your complimentary allowance. No separate lounge membership or app is needed — just carry the physical ICICI MMT card.
What is the annual fee waiver condition?
The ₹1,500 annual fee is waived on spending ₹2,00,000 in the prior year (approximately ₹16,667/month). For active travelers using this as a primary travel card, this is achievable. Verify the exact threshold in your card terms — ICICI has changed MMT card fee waiver conditions in past years.
Can I use ICICI MMT reward points for international hotel or flight bookings on MakeMyTrip?
Yes. ICICI MMT points redeemed on MakeMyTrip can be used for both domestic and international bookings. The 4% effective return on MMT redemptions applies regardless of whether the booking is for domestic or international travel. International redemptions are particularly valuable given higher ticket prices.
Does this card charge a foreign currency markup fee?
Yes. ICICI Bank charges a foreign currency markup on international transactions — typically 3.5%. The 1.33% earn rate does not offset this markup. Use a dedicated low-forex-fee card (NIYO, Axis Bank Forex card, or cards with sub-2% markup) for international transactions and keep ICICI MMT for domestic spend.
What MMT welcome benefits come with this card?
The welcome benefit typically includes ₹1,000-2,500 in MakeMyTrip vouchers (split between hotels and flights) credited within 45-60 days of card issuance. The exact amount and split can vary by acquisition channel or current offer. Check the offer details at the time of application, not from older reviews — MMT card joining benefits change frequently.