BPCL SBI Card Visa Platinum Credit Card vs MakeMyTrip ICICI Bank Signature Credit Card Visa: Which is Better in 2026?
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In short: MakeMyTrip ICICI Signature has the lower annual fee (none vs ₹499); MakeMyTrip ICICI Signature has the lower forex markup (0.99% vs 3.5%).
| Key facts | BPCL SBI | MakeMyTrip ICICI Signature |
|---|---|---|
| Annual fee | ₹499 | None |
| Joining fee | ₹499 | ₹2,500 |
| Annual fee waived | On ₹50,000 annual spend | Not listed |
| Lounge access | Not listed | 2 airport lounge visits |
| Forex markup | 3.5% | 0.99% |
From issuer benefit data, checked 22 Oct 2026. Rewards, milestones and welcome benefits are in the full table below.
Bpcl Sbi Card Visa Platinum Credit Card and Makemytrip Icici Bank Signature Credit Card Visa cater to different user needs. The BPCL SBI card focuses on fuel and everyday retail rewards, while the MMT ICICI card emphasizes travel benefits and milestone My Cash rewards. Both cards have distinct fee structures and foreign exchange charges, making them suitable for different spending patterns.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Bpcl Sbi Card Visa Platinum Credit Card | Makemytrip Icici Bank Signature Credit Card Visa |
|---|---|---|
| Bank | SBI Cards | ICICI Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.499 | Joining Fee of Rs.2500 |
| Annual / renewal fee | Renewal Fee of Rs.499 | No Annual Fee |
| Annual fee waiver | Spend Rs.50000 For Waiver of Renewal Fee | — |
| Reward rate (headline) | Earn 1 Reward Points on Non-Fuel Retail Purchases. | — |
| Lounge — domestic | — | 2 Complimentary Airport Lounge Access |
| Welcome benefit | Welcome Benefit - Get 2000 Activation Bonus Reward Points | Welcome Benefit - Get Rs.1500 MakeMyTrip Cash in My Wallet |
| Milestone benefit | — | Spend Rs.2.5 Lakhs and Earn 1100 My Cash Per Anniversary Year; Spend Rs.5 Lakhs and Earn 4000 My Cash Per Anniversary Year |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 0.99% - Foreign Currency Transactions |
Which is better for rewards?
The Bpcl Sbi Card Visa Platinum Credit Card offers a diverse rewards structure with higher points on fuel purchases at BPCL pumps and elevated points on dining, grocery, movies, and departmental stores. It also provides a welcome bonus of 2000 reward points. In contrast, the Makemytrip Icici Bank Signature Credit Card Visa does not offer traditional reward points but provides My Cash benefits that can be redeemed on MakeMyTrip bookings, including milestone rewards on high annual spends. For users seeking straightforward and versatile rewards across multiple categories, the BPCL SBI card is better. However, frequent MakeMyTrip users may find the ICICI card's My Cash system more valuable.
Which is better for travel?
The Makemytrip Icici Bank Signature Credit Card Visa clearly targets travel enthusiasts with benefits such as 2 complimentary domestic airport lounge accesses and a complimentary MMTBLACK Exclusive Membership. It also offers welcome and milestone My Cash benefits redeemable on travel bookings. The BPCL SBI card, while offering 1 reward point on travel spends, lacks dedicated travel perks like lounge access or exclusive memberships. Therefore, the ICICI card is more travel-focused and beneficial for those who frequently book travel through MakeMyTrip or value lounge access.
Which has lower effective cost?
The BPCL SBI card has a joining and renewal fee of Rs.499 each, with a renewal fee waiver on spending Rs.50,000 annually. Its forex markup is relatively high at 3.5%. The Makemytrip ICICI card charges a higher joining fee of Rs.2500 but has no annual renewal fee, which may be advantageous for long-term users. It also offers a significantly lower forex markup of 0.99%, making it more cost-effective for foreign currency transactions. Overall, the ICICI card has a higher upfront cost but lower ongoing fees and forex charges, which may suit frequent travelers better.
Fuel Surcharge Waiver Specificity
The BPCL SBI card provides a 1% fuel surcharge waiver specifically on BPCL petrol pumps, while the ICICI card offers a 1% waiver on fuel transactions at HPCL pumps. This makes the BPCL SBI card more beneficial for users loyal to BPCL fuel stations.
Foreign Exchange Charges
The BPCL SBI card charges a forex markup of 3.5%, which is relatively high compared to the ICICI card's 0.99%. This makes the ICICI card more cost-effective for users who frequently make foreign currency transactions.
Who should pick Bpcl Sbi Card Visa Platinum Credit Card?
Consider Bpcl Sbi Card Visa Platinum Credit Card if you want a credit card that rewards you well on fuel purchases at BPCL pumps and offers good rewards on everyday spends like dining, groceries, movies, and departmental stores. It is suitable for users who prefer a lower joining fee and want to earn versatile reward points across multiple categories.
Who should pick Makemytrip Icici Bank Signature Credit Card Visa?
Consider Makemytrip Icici Bank Signature Credit Card Visa if you frequently travel and book through MakeMyTrip, value complimentary domestic airport lounge access, and prefer a card with no annual renewal fee. It is also a better choice if you want lower forex markup charges and milestone benefits that reward high annual spends.
Frequently Asked Questions
The Bpcl Sbi Card Visa Platinum Credit Card has a joining and renewal fee of Rs.499 each, with a renewal fee waiver on spending Rs.50,000 annually. The Makemytrip Icici Bank Signature Credit Card Visa charges a joining fee of Rs.2500 and has no annual renewal fee.
The BPCL SBI card offers 13 reward points on fuel purchases at BPCL petrol pumps along with a 1% fuel surcharge waiver, whereas the ICICI card offers a 1% fuel surcharge waiver on HPCL fuel transactions but does not specify reward points on fuel.
Yes, the Makemytrip Icici Bank Signature Credit Card Visa provides 2 complimentary domestic airport lounge accesses. The BPCL SBI card does not offer any lounge benefits.
The BPCL SBI card charges a 3.5% forex markup on foreign currency transactions, whereas the ICICI card charges a significantly lower 0.99% markup.
The ICICI card offers milestone My Cash benefits of Rs.1100 on spending Rs.2.5 lakhs and Rs.4000 on spending Rs.5 lakhs annually. The BPCL SBI card does not provide milestone benefits.
The BPCL SBI card offers a welcome benefit of 2000 activation bonus reward points. The ICICI card provides Rs.1500 MakeMyTrip Cash in the My Wallet along with a MakeMyTrip holiday voucher worth Rs.2500.