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Icici launches yet another hopeless card in it’s credit card portfolio.
ICICI MMT platinum card.
- Joining Fees: Rs.500+GST
- Joining Benefits: Get ₹500 My Cash (100% usable MakeMyTrip cash in MyWallet) + Lemon Tree Hotels voucher worth ₹2,000 + Complimentary voucher for MMTBLACK membership
- Renewal Fees: Nil
- Renewal Benefits: None
- Rewards on makemytrip spends: Rs.2 mycash for flights or Rs.3 mycash for hotel/packages for every Rs.200 spent.
- Rewards on other spends @ Re.1 mycash for every Rs.200 spent domestically or Rs.1.25 mycash for Rs.200 spent internationally.
- Milestone benefit: Spend Rs 2.5 lakh and earn Rs 1,000 My Cash each anniversary year + Spend Rs 50,000 on flights/hotels/holiday bookings on MakeMyTrip Website, Mobile Site or Mobile Application and earn Rs 1,000 My Cash each anniversary year.
- Each Mycash is equal to Re.1 and would be transferred to mmt wallet account linked.
So this card would suit best if your spending on makemytrip is 20-50k per year. For non mmt spending you can get many better credit card.
Icici Bank is known for its peanut like reward program however nil annual fees is what attract most of people. Still another hopeless card with almost zero rewarding structure.