Makemytrip ICICI Bank Signature Credit Card vs Indianoil RBL Bank Xtra Credit Card: Which Credit Card Wins in 2026?

Quick Verdict

• For everyday spending, the Makemytrip ICICI Bank Signature Credit Cardⓘ wins with a higher base reward rate of 1.25% compared to 0.4% on the Indianoil RBL Bank Xtra Credit Cardⓘ.
• For travel and lounge benefits, the Makemytrip ICICI Bank Signature Credit Cardⓘ is superior with 8 domestic and 4 international lounge visits annually, while the Indianoil RBL Bank Xtra Credit Cardⓘ offers only 4 domestic lounges and no international lounge access.
• The Indianoil RBL Bank Xtra Credit Cardⓘ is more expensive with Rs 1,500 joining and annual fees, compared to Rs 999 each on the Makemytrip ICICI Bank Signature Credit Cardⓘ.
• Choose the Makemytrip ICICI Bank Signature Credit Cardⓘ if you prioritize travel perks and higher general rewards. Opt for the Indianoil RBL Bank Xtra Credit Cardⓘ if you mostly spend on fuel and want fuel surcharge waivers.

Side by Side

Rewards Compared

The Makemytrip ICICI Bank Signature Credit Cardⓘ offers Rs 125 back per Rs 10,000 spent at the base rate of 1.25%. Its category rewards are particularly strong on travel at 6% (Rs 600 per Rs 10,000) and dining at 2.5% (Rs 250 per Rs 10,000), making it very rewarding for frequent travelers and food lovers.

In contrast, the Indianoil RBL Bank Xtra Credit Cardⓘ provides Rs 40 per Rs 10,000 spent at the base rate of 0.4%. However, it excels in the fuel category with an 8.5% return (Rs 850 per Rs 10,000) and also offers 1% back on groceries (Rs 100 per Rs 10,000). This card is tailored for heavy fuel spenders who want to maximize value specifically at IndianOil stations.

Fees Compared

The Makemytrip ICICI Bank Signature Credit Cardⓘ charges Rs 999 each for joining and annual fees, with no fee waiver threshold mentioned. The Indianoil RBL Bank Xtra Credit Cardⓘ has higher fees of Rs 1,500 for both joining and annual charges but offers a fee waiver if you spend Rs 2.75 lakh annually, which breaks down to about Rs 22,917 per month. This means the Indianoil card’s fees can be avoided with significant spending, whereas the Makemytrip card’s fees are fixed.

The break-even annual spend to cover the Makemytrip card’s fees at the base reward rate is Rs 79,920, much lower than the Rs 3.75 lakh required on the Indianoil card. This makes the Makemytrip card more cost-effective for moderate spenders.

Which One Should You Pick

Choose the Makemytrip ICICI Bank Signature Credit Cardⓘ if you travel frequently and want generous lounge access both domestically and internationally. Its high travel category rewards and welcome benefits like the MMT voucher and MMTBLACK Gold Tier membership add value for travelers and dining enthusiasts. It suits moderate spenders who want consistent rewards and travel perks without a high fee waiver hurdle.

The Indianoil RBL Bank Xtra Credit Cardⓘ is ideal for heavy fuel spenders who can leverage the 8.5% value back on fuel and the fuel surcharge waiver. It also suits those who can meet the Rs 2.75 lakh annual spend to waive fees. However, it lacks international lounge access and has a much lower base reward rate, so it is less attractive for general or travel spending.

In summary, skip the Makemytrip ICICI Bank Signature Credit Cardⓘ if you do not travel or dine often, and skip the Indianoil RBL Bank Xtra Credit Cardⓘ if you do not spend heavily on fuel or cannot meet the fee waiver threshold.

What to Check Before You Apply

• Confirm if there are any caps on category rewards or lounge visits that might limit your benefits.
• Understand the redemption value and process of points, especially since both cards use points but with different reward structures.
• Calculate whether your monthly or annual spend meets the fee waiver requirement on the Indianoil RBL Bank Xtra Credit Cardⓘ.
• Consider the 3.5% forex markup on both cards if you plan to use them abroad, which can add significant cost.
• Check which airports and lounges the cards grant access to, especially for the Indianoil RBL Bank Xtra Credit Cardⓘ which has limited domestic lounge access and no international lounges.

FAQ