ICICI Bank has collaborated with MakeMyTrip (MMT), the country’s biggest online travel operator, and introduced a premium co-branded credit card tailored to the country’s aspirational travellers.
The MakeMyTrip ICICI Bank Credit Card, with its several features, enriches the trip experience by providing infinite points that never expire. The card provides a unique value with myCash (MakeMyTrip’s reward currency), where 1 myCash equals ₹1 in spendable funds. It provides 6% myCash on hotel reservations, 3% myCash on flights, vacations, taxis, and buses, and 1% on other retail purchases—all in addition to relevant MakeMyTrip savings.
This card is a dual offering, providing the convenience of two cards, one powered by Mastercard and one powered by RuPay. Furthermore, the RuPay credit card can be linked to UPI, allowing safe and secure transactions via UPI-enabled Apps.
The co-branded credit card also includes a complimentary MMTBLACK Gold membership, which provides special privileges on hotels, flights, and vacation packages. MMTBLACK members receive at least a 10% discount when upgrading accommodation and meal plans at chosen hotels, as well as a 20% discount on F&B and spa treatments. They also receive a 25% discount on chosen add-on services with each flight booked through the MakeMyTrip website. The card provides an attractive FX mark-up rate of 0.99%, as well as myCash worth 1% of the transaction value. The card has a joining and annual cost of ₹999, plus GST. After paying the price, consumers receive a MakeMyTrip gift voucher worth ₹1,000, making it even more appealing.
Speaking on the occasion, Rakesh Jha, Executive Director, ICICI Bank, said, “We are pleased to partner with MakeMyTrip to introduce an all-new credit card with attractive rewards for Indian consumers, especially travel enthusiasts. We have seen that the Indians are travelling more frequently and are looking for richer reward propositions that provide them flexibility in redemption and cater to their refined tastes. Powered by Mastercard and RuPay, the MakeMyTrip ICICI Bank Credit Card’s offering of unlimited and never-expiring rewards, along with MMTBLACK Gold membership makes it an ideal pick for travellers. This will be yet another compelling addition to our existing range of credit cards. We believe this new credit card is going to play an important role in the overall personal banking experience offered by ICICI Bank to its customers.”
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. With the customer journey seamlessly integrated into the MakeMyTrip platform, it’s now easier than ever to book travel and redeem reward points. We are confident that the card’s value offering will strongly resonate with travellers.”
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Gautam Aggarwal, Division President, South Asia at Mastercard, said, “The growth of India on global stage has led to Indians becoming among the most travelled people in the world, with spends shifting towards experiential travel. India is also becoming a preferred inbound destination, not only for its sights, but also for people to experience its rich heritage through food, festivals, and spirituality. After launching Priceless India last October, Mastercard is focussed on creating memorable moments for our cardholders. Through this collaboration with ICICI Bank and MakeMyTrip, Mastercard is excited to power the launch of a card which helps create priceless experiences across 210 countries and territories. This new card has an unmatched value proposition that will strike a chord with the discerning Indian traveller.”
Rajeeth Pillai, Chief Relationship Management, NPCI said, “The MakeMyTrip ICICI Bank Credit Card, powered by RuPay, offers unparalleled benefits and rewards specially curated for travel enthusiasts. Additionally, ICICI Bank customers can link their RuPay Credit Card to UPI ID, thus directly enabling safe, and secure transactions. With this feature, customers can enjoy greater flexibility and a wide range of online and offline merchant payment options, all without the need to carry physical cards.”
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