IDFC First Select Visa Credit Card vs MakeMyTrip ICICI Bank Signature Credit Card Visa: Which is Better in 2026?

Which is better for rewards?

The Idfc First Select Visa Credit Card clearly leads in rewards with multiple tiers of reward points including 3X and 10X points on specific spends like rentals, birthdays, and crossing Rs. 20,000 in spending. It also offers a straightforward redemption rate of 1 Reward Point = Rs. 0.25. In contrast, the Makemytrip Icici Bank Signature Credit Card Visa does not list direct reward points but provides My Cash which can be redeemed on travel bookings. Milestone rewards on the Makemytrip card require high annual spends, making it less accessible for moderate spenders.

Which is better for travel?

Both cards provide 2 complimentary domestic airport lounge accesses, making them comparable for frequent domestic travelers. However, the Makemytrip Icici Bank card offers additional travel-centric perks such as a MakeMyTrip Black membership and holiday vouchers, which can be valuable for users who frequently book travel through MakeMyTrip. The Idfc First card’s zero forex markup is a significant advantage for international travelers, whereas the Makemytrip card charges 0.99% on foreign currency transactions.

Which has lower effective cost?

The Idfc First Select Visa Credit Card has a clear edge in fees with no joining or annual fees, making it a low-cost option. The Makemytrip Icici Bank Signature Credit Card Visa charges a joining fee of Rs. 2,500 but no annual fee thereafter. Both cards offer a 1% fuel surcharge waiver, though the Makemytrip card’s waiver applies only to HPCL fuel transactions. The fee waiver details for both cards are not explicitly mentioned and should be verified on the issuer’s site.

Forex Charges

The Idfc First Select Visa Credit Card offers zero forex markup, making it more cost-effective for international transactions. The Makemytrip Icici Bank Signature Credit Card Visa charges a 0.99% forex markup, which can add to the cost of foreign currency spends.

MakeMyTrip Benefits

The Makemytrip Icici Bank Signature Credit Card Visa provides exclusive travel benefits such as complimentary MMT Black membership and holiday vouchers redeemable on MakeMyTrip bookings. These benefits can add significant value for users who frequently use the MakeMyTrip platform.

Fee Structure and Waivers

While the Idfc First Select Visa Credit Card has no joining or renewal fees, the Makemytrip Icici Bank card requires a joining fee but no annual fee. Both cards offer a 1% fuel surcharge waiver, though the Makemytrip card’s waiver is limited to HPCL fuel transactions. Details on fee waivers are not fully disclosed and should be checked on the respective bank websites.

Who should pick Idfc First Select Visa Credit Card?

Consider Idfc First Select Visa Credit Card if you prefer a no-fee credit card with a robust and versatile reward points program that rewards various categories including rentals, utilities, and birthdays. It is also suitable if you want zero forex markup for international spending and want to avoid joining fees. This card is a practical choice for users seeking consistent rewards without high spending thresholds.

Who should pick Makemytrip Icici Bank Signature Credit Card Visa?

Consider Makemytrip Icici Bank Signature Credit Card Visa if you frequently book travel through MakeMyTrip and can benefit from the exclusive MMT Black membership and holiday vouchers. It is also suitable if you can meet the high spending milestones to earn additional My Cash rewards. This card is tailored for travel enthusiasts who value MakeMyTrip-specific perks despite the upfront joining fee.