BUSINESS

MakeMyTrip, ICICI Bank launch new co-branded credit card: Key details

ICICI Bank has partnered with MakeMyTrip (MMT) to launch a premium co-branded credit card. The MakeMyTrip ICICI Bank Credit Card enhances the travel experience with unlimited rewards that never expire. The card offers a unique value with myCash (MakeMyTrip’s reward currency), where 1 myCash is worth ₹1 in spendable money. It offers 6% myCash on hotel bookings, 3% myCash on flights, holidays, cabs, and buses, and 1% on other retail spends. This, as per MMT, will be in addition to applicable MakeMyTrip discounts.

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This card is issued as a dual offering as it comes with the convenience of two cards, one each powered by Mastercard and RuPay. Furthermore, the RuPay credit card can be linked to UPI, enabling safe and secure transactions through UPI enabled Apps.

The co-branded credit card also offers complimentary MMTBLACK Gold membership, providing exclusive benefits across hotels, flights, and holiday packages. MMTBLACK members enjoy at least 10% discount while upgrading room and meal plans at select hotels, and a minimum 20% off on F&B and spa services. Further, they receive 25% off on select add-on services with every flight booking on the MakeMyTrip platform.

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The card offers an attractive forex mark-up rate of 0.99% along with myCash equivalent to 1% of the transaction value. The card is priced at joining and annual fee of Rs 999 plus GST.

On payment of the fee, the customers receive a MakeMyTrip gift voucher worth Rs 1,000.

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Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip, said, “We are delighted to launch the MakeMyTrip ICICI Bank Credit Card, setting a new benchmark by offering a value proposition that truly stands out in the market. Leveraging our deep understanding of the Indian customer, we have introduced a card that combines comprehensive lifestyle privileges, never-expiring reward points, and complimentary MMTBLACK Gold membership—designed to deliver unparalleled benefits

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