MakeMyTrip ICICI Bank Platinum Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Joining benefits include Rs. 500 in My Cash and a Rs. 3,000 holiday voucher. The validity of the Joining Benefit My Cash is extended to 1.5 years. Additional My Cash will be rewarded upon reaching spending milestones. When booking two tickets in one transaction on BookMyShow and INOX, a 25% discount on movie tickets is applicable (up to two times per month). Exclusive dining offers are available through the ICICI Culinary Treats Program. One free access to a domestic airport lounge per quarter with a minimum spending of Rs. 5,000 in the previous quarter. One complimentary access to a railway lounge each quarter.

The MakeMyTrip ICICI Bank Platinum Credit Card is a travel-oriented card that offers several benefits and rewards to its users.

With a joining fee of Rs. 500 + GST and no renewal fee, this card is a cost-effective choice for frequent travelers.

One of the standout features of this card is its reward program.

Cardholders can earn reward points through various transactions.

These points can be redeemed for exciting offers and discounts.

For travel-related expenses, such as hotel and holiday bookings on MakeMyTrip (MMT), users can earn Rs. 3 My Cash per Rs. 200 spent.

Flight bookings on MMT earn them Rs. 2 My Cash.

International spends outside MMT offer Rs. 1.25 My Cash, while domestic spends outside MMT offer Re. 1 My Cash.

In addition to the reward points, cardholders are also greeted with a welcome benefit of Rs. 500 My Cash and a MakeMyTrip holiday voucher worth Rs. 3,000.

This bonus offer adds value right from the start.

Moreover, moviegoers can enjoy a 25% discount (up to Rs. 100) on movie tickets when booking two tickets in a single transaction on BookMyShow and INOX, up to a maximum of two times in a month.

Travelers are well taken care of with this card.

Every quarter, cardholders receive complimentary railway and domestic airport lounge access.

Furthermore, a complimentary domestic airport lounge access is granted each quarter if a minimum of Rs. 5,000 was spent in the previous quarter.

Unfortunately, this card does not offer golf and insurance benefits.

It also does not provide access to international lounges.

However, for those looking to avoid foreign currency markup, this card charges only 3.5% of the transaction amount.

In terms of fees, there is a rewards redemption fee of Rs. 99 (plus applicable taxes) per redemption request.

The interest rate stands at 3.4% per month (or 40.8% per annum), which is relatively high.

Nevertheless, the card provides a 1% waiver on fuel surcharge, up to a maximum transaction of Rs. 4,000 at HPCL pumps in India.

Cash advances can be made, but a fee of 2.5% of the withdrawal amount applies.

Overall, the MakeMyTrip ICICI Bank Platinum Credit Card is a suitable choice for frequent travelers.

With its rewarding welcome benefit, movie discounts, travel benefits, and cashback rewards, it offers excellent value for money.