MakeMyTrip ICICI card: zero forex, new myCash rules from Nov 2026

ICICI Bank is changing the MakeMyTrip ICICI Bank Credit Card from 10 November 2026. The bank's charges document says no forex markup and no Dynamic Currency Conversion fee will be levied on the card from that date. The card's own terms say international spends outside MakeMyTrip will earn no rewards from 10 November 2026, and myCash earned from that date is valid for 24 months.

The forex markup today is 0.99% plus GST, according to the ICICI Bank product page. The Most Important Terms and Conditions now list "No Forex Mark-up" and "No Dynamic Currency Conversion fee" for the card with effect from 10 November 2026. Both lines exclude the older MakeMyTrip ICICI Bank Signature and Platinum cards.

On rewards, the card terms show "No rewards (w.e.f Nov 10, 2026)" against international spends outside MakeMyTrip. The row for other MakeMyTrip spends now reads 1% myCash on other domestic spends, with effect from 10 November 2026. Domestic spends outside MakeMyTrip keep earning 1% myCash, excluding rent and EMI payments. One myCash is worth Rs 1.

New myCash on this card now has an expiry date. myCash earned from 10 November 2026 is valid for 24 months. The terms say myCash earned before 10 November 2026 will never expire once it is credited to the MakeMyTrip wallet. myCash on the old Signature and Platinum programmes keeps its 12-month expiry.

What stays the same: the terms still list 6% myCash on MakeMyTrip hotel bookings, 3% on flights, holidays, cabs and buses, and 25 myCash on every train booking. Insurance earns 1% myCash, capped at 1,000 myCash per anniversary year. Lounge access stays at 2 domestic visits a quarter on spends of Rs 75,000 in the previous quarter, plus 1 international visit a calendar year. The annual fee is waived from the second year on spends of Rs 3,00,000 in the previous anniversary year.

Cards on our site: the change applies to the MakeMyTrip ICICI Bank card. The forex and DCC changes do not apply to the MakeMyTrip ICICI Bank Signature or the MakeMyTrip ICICI Bank Platinum. See all ICICI Bank cards and our list of low forex markup credit cards.