Standard Chartered EaseMyTrip and ICICI MakeMyTrip Platinum Credit Card, are both co-branded travel credit cards with popular travel booking platforms, EaseMyTrip and MakeMyTrip respectively. Both of these are the most prominent platforms that most travelers rely upon for hotel, flight, or cab bookings.
Also Check: Best Credit Cards with Travel Portal Benefits in 2022
The fact that both EaseMyTrip and MMT, are competitors in their league, make these co-branded cards compete against each other on various grounds for offering better travel benefits such as discounts on bookings, lounge access, and co-branded benefits with their specific associations. If you are a frequent traveler, you must get yourself at least one of these cards, that offers benefits aligned to your spending and lifestyle preferences. To help you make an informed decision, here we have created a comparative review. Read on to know more.
Key Highlights: Standard Chartered EaseMyTrip Credit Card & ICICI Bank MakeMyTrip Platinum Credit Card
|Particulars||Standard Chartered EaseMyTrip Credit Card||ICICI Bank MakeMyTrip Platinum Credit Card|
|Card Type||Entry Level||Entry Level|
|Joining Fee||Rs. 350||Rs. 500|
|Welcome Benefit||–||Rs. 500 My Cash & MakeMyTrip holiday voucher worth Rs. 3,000|
|Annual Fee||Rs. 350||Nil|
|Renewal Fee Waiver||On spending Rs. 50,000 in the preceding year||Nil|
|Milestone Benefit||–||Rs. 1,000 My Cash on spending Rs. 2.5 Lakh in a year & Rs. 1,000 My Cash on spending Rs. 50,000 on MakeMyTrip in an anniversary year|
|Reward Point Value||1 reward point= Rs. 0.25||1 My Cash= Rs. 1|
|Co-branded Benefit||EaseMyTrip Benefits:
|Airport Lounge Access||1 domestic lounge access per calendar quarter and 2 international lounge access per year||1 complimentary airport lounge access per quarter
|Railway Lounge Access||–||Enjoy 1 complimentary railway lounge access in a quarter to participating lounges in India (for primary card holders)|
ICICI MMT Credit Card offers Better Welcome Benefit and Justifies the Joining Fee
As visible in the table above, the Standard Chartered EaseMyTrip card charges a lower annual fee of Rs. 350, in comparison to the ICICI MMT card, of Rs. 500. However, the EaseMyTrip credit card offers no welcome benefit. This is a drawback as various zero annual fee cards such as HSBC Visa Platinum offer introductory benefits at Nil joining fee. On the other hand, MMT ICICI Credit Card offers welcome benefits worth Rs. 3,500 by charging a joining fee of Rs. 500 and emerges as a clear winner in this aspect.
EaseMyTrip Credit Card offers Easy Renewal Fee Waiver, but MMT ICICI Card comes at a Zero Annual Fee
Standard Chartered EaseMyTrip card charges an annual fee of Rs. 350, in comparison to the MakeMyTrip Platinum credit card that comes at a NIL fee from the second year. However, the EaseMyTrip card offer a renewal fee waiver on spending Rs. 50,000. This means that you need to spend around Rs. 4,200 per month on an average, to attain this waiver. So, if you use your credit card frequently or occasionally, and prefer EaseMyTrip over MakeMyTrip, then paying an annual fee should not be a concern, as the fee waiver is easily attainable.
|Also, note that EaseMyTrip card’s fee waiver on spending Rs. 50,000 is comparable with MMT credit card’s milestone benefits on spending Rs. 2,50,000 overall or Rs. 50,000 specifically on MakeMyTrip. With EaseMyTrip card you earn a benefit of around Rs. 350 on spending Rs. 50,000, whereas, in the case of MMT credit card, you earn a benefit of a minimum of Rs. 1,000 to a maximum of Rs. 2,000 on spending Rs. 50,000 on MMT and Rs. 2.5 lakh, otherwise. Thus, you get an added adavantage here, as with the MMT credit card you not only pay a zero annual fee, but also earn additional spend-based benefits.|
EaseMyTrip offers Better Value Back for Co-branded Benefits
Both these cards offer benefits on EaseMyTrip and MakeMyTrip via direct discount and My Cash points respectively. To understand which offers it better, let us look at the following table, assuming you spend Rs. 10,000 for hotel & flight bookings.
|EaseMyTrip Card||MMT Credit Card|
|On spending Rs. 10,000 on domestic hotel booking||Flat 20% discount=Rs. 2,000 discount||3 My Cash per Rs. 200= My Cash points points worth Rs. 150|
|On spending Rs. 10,000 on flight booking||Flat 10% discount=Rs. 1,000 discount||2 My Cash per Rs. 200= My Cash points worth Rs. 100|
Clearly, EaseMyTrip card offers better value back for hotel and flight bookings. The difference of value back is not even marginal, but indeed huge. Additionally, EaseMyTrip also offers a direct discount of Rs. 150 on bus bookings. Therefore, EaseMyTrip card offers better co-branded benefits in comparison to the MakeMyTrip credit card.
Suggested Read: Credit Cards with Hotel Memberships | Best Airline Credit Cards in India
MakeMyTrip Credit Card Offers Higher Reward Rate, but EaseMyTrip Offers Better Value for General Travel Bookings
Apart from co-branded benefits on EaseMyTrip, the Standard Chartered EaseMyTrip credit card offers varying reward points across multiple categories such as retail spends and ticket bookings at standalone hotel and airline websites/apps/outlets (other than EaseMyTrip). MMT credit card, on the other hand, categorizes rewards as domestic and international spends on and outside MakeMyTrip. However, note that the reward point value for the EaseMyTrip card is 1 reward point=Rs. 0.25, which is lower than on the MMT card of 1 My Cash= Rs. 1.
You can earn the following reward value on spending Rs. 1,000 on the below-mentioned categories via these cards.
|Spending Category||Standard Chartered EaseMyTrip Card||MakeMyTrip MMT Credit Card|
|On spending Rs. 1,000 on retail Spend||Rs. 5||Rs. 5|
|On spending Rs. 1,000 on Domestic Travel bookings outside EaseMyTrip/MMT||Rs. 25||Rs. 5|
|On spending Rs. 1,000 on International travel bookings outside EaseMyTrip/MMT||Rs. 25||Rs. 6.25|
Note: The above mentioned calculation is based on the reward/discounts offered by these cards across these spend types, as mentioned here.
Thus on the basis of the above-mentioned calculation, you should note that both the cards offer equal value on spending across retail spends. However, the difference originates in spending across travel bookings via non-collaborated brands. As is clear, on spending across general travel bookings across any portal, EaseMyTrip cards offer great benefits even when MMT cards offer high reward rates.
Thus, the EaseMyTrip credit card emerges as a clear winner here by proving itself as a travel credit card instead of a co-branded card that offers high benefits only across EaseMyTrip.
EaseMyTrip Credit Card offers International Lounge Access as well, but MMT Card offers Railway Lounge Access
Both these cards offer access to airport lounges. However, EaseMyTrip offers access to both International & domestic airport lounges, while MMT offers no access to International Lounges but 1 access per quarter to railway lounges in India. On that basis, EaseMyTrip is a good option if you travel internationally, as you also get additional discounts on international bookings. On the other hand, MakeMyTrip credit card, is a good option if you travel via trains or flights within India and do not travel internationally.
Suggested Read: Best Credit Cards for Airport Lounge Access| Best Domestic Travel Credit Cards in India | Top Credit Cards for International Travel in India |
Which Card Should You Get?
|You Should get Standard Chartered EaseMyTrip Credit Card, if:||You Should get MakeMyTrip ICICI Bank Platinum Credit Card, if:|
If you are a beginner looking for an entry-level credit card that offers travel-centric benefits at a low annual fee, then you should consider these cards. However, choosing the right card among these, must be based on your preference for EaseMyTrip or MakeMyTrip.
Additionally in case you are a MakeMyTrip loyalists, and paying a high annual fee is not your concern, then, you can consider getting yourself the signature variant of the MakeMyTrip and ICICI Bank collaboration, ICICI Bank MMT Signature Credit Card. The card offers comparatively, extensive benefits on MakeMyTrip, in comparison to the platinum variant, as listed in the table below:
|Particulars||ICICI MMT Platinum Credit Card||ICICI MMT Signature Credit Card|
|Welcome Benefit||500 My Cash & MakeMyTrip holiday voucher worth Rs. 3,000||1,500 My Cash; MakeMyTrip holiday voucher worth Rs. 2,500 & complimentary MMTBLACK membership|
|Reward Points||Up to 3X reward points||Up to 4X reward points|
|Milestone Benefit||Worth Rs. 2,000 My Cash Points||Worth Rs. 5,100 My Cash Points|
|Lounge Access||1 railway lounge & 1 domestic airport lounge access in a quarter||1 railway lounge; 2 domestic airport & 1 international airport lounge access + 1 spa session at airport|
We suggest that you read our MakeMyTrip ICICI Bank Credit Card Review, to make a more informed decision for choosing the best travel credit for you.