Are you a frequent traveler looking for a Awesomely designed credit card that offers exceptional benefits tailored to your wanderlust? Look no further than the MakeMyTrip ICICI Bank Credit Card. This comprehensive guide will walk you through the numerous features, rewards, and perks that make this card a must-have for travel enthusiasts.
Introduction to the MakeMyTrip ICICI Bank Credit Card
The MakeMyTrip ICICI Bank Credit Card is a unique offering that combines the power of two industry leaders - ICICI Bank, one of India's largest private sector banks, and MakeMyTrip, the country's leading online travel company. This partnership brings you a dual-variant credit card, offering both Mastercard and RuPay options, to ensure maximum flexibility and acceptance worldwide.
Dual Card System: Flexibility at Its Best
One of the standout features of this credit card is its dual card system. Upon issuance, cardholders receive:
A Mastercard variant for global acceptance
A RuPay variant for domestic transactions
Both cards are linked to the same account, offering unparalleled flexibility in usage. This dual system ensures that you're never left stranded, whether you're exploring the bustling streets of Tokyo or the serene backwaters of Kerala.
Joining Benefits: Start Your Journey with a Bonus
The MakeMyTrip ICICI Bank Credit Card welcomes you with exciting joining benefits:
MakeMyTrip Voucher: Receive a voucher worth ₹1,000 within 45 days of paying the joining fee.
Voucher Validity: The voucher is valid for one year from the card issuance date.
Flexible Usage: Use the voucher for flights, hotels, holiday packages, cabs, and buses for both international and domestic bookings on the MakeMyTrip platform.
No Minimum Transaction: Enjoy the freedom of no minimum transaction value restriction.
Multi-Use Capability: The voucher can be redeemed over multiple bookings.
MMTBLACK Gold Membership
As a welcome gift, you'll also receive:
Complimentary MMTBLACK Gold membership for the first year.
Access to exclusive travel benefits and privileges.
Annual Benefits: Rewards That Keep Coming
The benefits don't stop after the first year. Every year, upon payment of the annual fee, you'll receive:
MakeMyTrip Voucher: Get a voucher worth ₹1,000 within 45 days of paying the annual fee.
Three-Month Validity: Use the voucher within three months of issuance.
Hotel and Homestay Focus: Redeem the voucher for hotel and homestay bookings, both international and domestic.
Earn myCash: Rewards on Every Spend
The MakeMyTrip ICICI Bank Credit Card offers a generous rewards program in the form of myCash. Here's how you can earn:
Basically you get Rs 3 cashback per Rs 100 in terms of myCash when you book Flight, Holiday, Cab, Bus bookings through Makemytrip website. However the reward rates increases to Rs 6 per 100 when booking hotels. Also you get flat Rs 25 every train booking. For other spends you get a return of 1% every Rs 200 is spent.
Understanding myCash
1 myCash = ₹1
No expiry period as long as the card is active
Can be used for travel, hotel, and holiday bookings on MakeMyTrip
Redeemable for partner vouchers through MakeMyTrip platforms
No usage restrictions on the amount of myCash that can be redeemed
Fee Waiver: Spend More, Pay Less
The MakeMyTrip ICICI Bank Credit Card offers a smart way to avoid the annual fee:
Spend ₹3,00,000 or more during an anniversary year to get the next year's annual fee waived.
If spending is less than ₹3,00,000, the annual fee will be charged, but you'll receive the annual benefits.
Note: EMI transactions are not considered for the fee waiver calculation.
MMTBLACK Membership: Elevate Your Travel Status
The MMTBLACK program offers two tiers: Gold and Platinum. Here's how it works:
Existing MMTBLACK Members: Your current tier (Gold or Platinum) will be extended for 12 months.
New Members: Auto-enrolled in the MMTBLACK Gold program.
Tier Validity: 12 months from the date of achievement.
Tier Upgrade and Downgrade
Upgrade to Platinum: Spend more than ₹2,00,000 and complete more than 4 trips in the last 12 months.
Remain in Gold: Spend between ₹50,000 and ₹2,00,000 and complete more than 4 trips in the last 12 months.
Evaluations occur after every travel completion/utilization.
Downgrades are only reviewed after 12 months in a particular tier.
Airport Lounge Access: Travel in Comfort
Enjoy complimentary airport lounge access with your MakeMyTrip ICICI Bank Credit Card:
Domestic Lounges: 2 complimentary accesses per quarter for the primary cardholder.
International Lounges: 1 complimentary access per calendar year for the primary cardholder.
Access by swiping your credit card for domestic lounges and using a priority pass for international lounges.
BookMyShow Offer: Entertainment on the Go
Enjoy discounts on movie tickets with the BookMyShow offer:
Buy one ticket and get 25% off (up to ₹150) on the second ticket.
Available once a month each on Mastercard and RuPay variants.
Benefit is shared between primary and add-on cards.
How to Redeem Your Benefits
Redeeming Vouchers
On the payments page, select the 'Gift Card' option.
Tap on the MakeMyTrip voucher.
Enter the amount you wish to redeem (full or partial redemption possible).
Click 'Continue' to redeem the voucher.
Redeeming myCash
Click on 'myCash & MMT Voucher' on the payments page.
Select the 'myCash (MakeMyTrip Travel Card)' option.
Apply the redeemable points.
Click on 'Use & Apply'.
Complete the payment.
Terms and Conditions: Important Points to Remember
While the MakeMyTrip ICICI Bank Credit Card offers numerous benefits, it's essential to understand the terms and conditions:
The card is for personal use only and should not be used for business or commercial purposes.
ICICI Bank reserves the right to modify or discontinue offers without prior notice.
All taxes and statutory dues related to the benefits are to be borne by the cardholder.
ICICI Bank is not liable for any loss or damage arising from the use of third-party services.
The bank may disqualify cardholders from benefits if fraudulent activity is detected.
Disputes are subject to the exclusive jurisdiction of the competent Courts/Tribunals of Mumbai.
Conclusion: Is the MakeMyTrip ICICI Bank Credit Card Right for You?
The MakeMyTrip ICICI Bank Credit Card is an excellent choice for frequent travelers who want to maximize their rewards on travel-related expenses. With its dual card system, generous myCash rewards, complimentary lounge access, and MMTBLACK membership, it offers a comprehensive package of benefits tailored to the modern traveler.
However, if you don't use MakeMyTrip then its a futile card to have. The co-branded nature have demented the true potential of this card as the reward rates and extra features are pretty abysmal when we compare it to some other travel related co-branded credit cards such as AU Ixigo and Scapia. The only way you will reap any benefits if the card is used for hotel bookings.
If you fit this profile, the MakeMyTrip ICICI Bank Credit Card could be your perfect travel companion, helping you save money and enjoy enhanced experiences on your journeys.
Remember to read the full terms and conditions before applying, and always use your credit card responsibly. Happy travels!
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