The ICICI MakeMyTrip Credit Card is a co-branded credit card offered by ICICI Bank in partnership with MakeMyTrip, a popular online travel booking platform. This credit card is designed to offer attractive travel benefits and rewards to frequent travelers.
With this credit card, you can earn reward points on all your spending, including travel bookings made on MakeMyTrip. These reward points can be redeemed for a variety of travel-related benefits, including flight and hotel bookings, as well as discounts on dining, shopping, and more.
The ICICI MakeMyTrip Credit Card also offers several other benefits, including complimentary airport lounge access, fuel surcharge waivers, and discounts on movie tickets and dining. Cardholders can also earn bonus reward points when they use their card to book travel on MakeMyTrip.
Overall, the ICICI MakeMyTrip Credit Card is a great choice for those who frequently travel and want to earn rewards and benefits on their travel spending.
Fees and charges
Here are some of the fees and charges associated with the ICICI MakeMyTrip Credit Card:
- The joining fee is Rs. 500 + GST (one-time fee).
- The annual fee is Rs. 500 + GST (from the second year onwards).
- The interest rate for ICICI MakeMyTrip credit card is 3.5% per month or 42% per annum
- The cash withdrawal fee is 2.50% of the transaction amount, subject to a minimum of Rs. 300.
- The Late Payment Fee of ICICI MakeMyTrip Credit Card is the total amount due up to Rs. 100 – Rs. 100; If the total amount due is between Rs. 101 to Rs. 500 – Rs. 500; If the total amount due is between Rs. 501 to Rs. 10,000 – Rs. 750; If the total amount due is above Rs. 10,000 – Rs. 950
- The Over Limit Fee for the same is 2.50% of the over-limit amount, subject to a minimum of Rs. 500
- The card replacement fee is just Rs. 100
- The foreign currency transaction fee is 3.50% of the transaction value.
- The GST is 18% on applicable fees and charges.
It is important to note that these fees and charges are subject to change at the discretion of ICICI Bank, and cardholders should check the latest fees and charges before using their card.
Benefits
- The ICICI MakeMyTrip Credit Card comes with a range of benefits for frequent travelers, including:
- You can get a MakeMyTrip voucher worth Rs. 2,000 on joining, which can be used for flight or hotel bookings.
- You can earn 3 MakeMyTrip reward points for every Rs. 100 spent on domestic transactions and 4 rewards for every Rs. 100 spent on international transactions. You can redeem these reward points for flight and hotel bookings on MakeMyTrip.
- A person can earn 5 reward points for every Rs. 100 spent on flight or hotel bookings on MakeMyTrip, and 2 rewards for every Rs. 100 spent on other categories.
- You can get up to two complimentary domestic airport lounge visits per quarter, through the Visa lounge access program.
- A person can enjoy a waiver of 1% on the fuel surcharge at any fuel station in India, for transactions between Rs. 400.
- Get discounts of up to 15% on dining at partner restaurants across India.
- Get a complimentary MakeMyTrip Double Black Membership for a year, which provides benefits such as free cancellations, priority customer service, and more.
Overall, the ICICI MakeMyTrip Credit Card offers a range of benefits that make it a good choice for frequent travelers who want to earn rewards and enjoy travel-related perks.
Conclusion
The ICICI MakeMyTrip Credit Card is an excellent choice for frequent travelers who want to earn rewards and enjoy travel-related benefits. The card offers a range of benefits, including welcome bonuses, reward points on all spending, bonus reward points on MakeMyTrip bookings, complimentary airport lounge access, fuel surcharge waivers, dining discounts, and more. The ICICI MakeMyTrip Credit Card comes with a fee structure that should be carefully considered before applying for the card. While the ICICI credit card offers several benefits and rewards for frequent travelers, there are various fees and charges associated with the card, including an annual fee, a joining fee, interest charges, and various other fees.
With the ability to earn reward points and redeem them for various travel-related benefits, including flight and hotel bookings, the ICICI MakeMyTrip Credit Card is a great way to save on travel expenses. Additionally, the card offers several other benefits, such as MakeMyTrip Double Black Membership and discounts on dining, making it a valuable addition to any traveler’s wallet.
However, it is important to note that the card does come with fees and charges, including an annual fee, interest charges, and various other fees, which should be carefully considered before applying for the card. Nonetheless, if you are a frequent traveler and want to earn rewards and enjoy travel-related benefits, the ICICI MakeMyTrip Credit Card is definitely worth considering.
It is important to note that the fees and charges associated with the card are subject to change at the discretion of ICICI Bank, and cardholders should check the latest fees and charges before using their card. Additionally, cardholders should be mindful of the interest charges and other fees associated with the card and should aim to pay their outstanding balance on time to avoid additional charges.
Overall, while the ICICI MakeMyTrip Credit Card offers a range of benefits and rewards for frequent travelers, it is important to carefully consider the associated fees and charges before applying for the card and to use the card responsibly to avoid any unnecessary expenses.
