ICICI MMT Signature vs IDFC FIRST Wow
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IDFC FIRST Wow wins 5-4. Secured card backed by FD — accessible to thin-credit-file applicants. ICICI MMT Signature is still the right call if makemytrip loyalists — co-branded with strong travel benefits..
Side-by-side
| Criterion | ICICI MMT Signature | IDFC FIRST Wow |
|---|---|---|
| Annual fee | · ₹2,500 | No annual fee |
| Joining fee | · ₹2,500 | None |
| Top reward rate | 6% (travel) | · 1% (general) |
| Base reward rate | 1.5% | · 1% |
| Forex markup | · 2.5% | No FX fee |
| Welcome bonus | = ₹2,500 MMT Black holidays voucher | = Lifetime free + 600 points on first transaction |
| Fee waiver threshold | ₹600,000 / yr | · N/A (no fee) |
| Min income | · ₹800,000 | — |
| Min credit score | · 770 | 600 |
| Editorial rating | 4.4/5 | · 4/5 |
Benefits compared
ICICI MMT Signature
- 6% myCash on flight + hotel bookings via MMT
- 3% myCash on dining + grocery
- 1.5% on others
- 4 international + 4 domestic lounge visits/year
- MMT Black membership
IDFC FIRST Wow
- 1 reward point per ₹100 (no rate change cliff)
- Lifetime free, no annual fee
- 4 complimentary domestic lounge visits/quarter
- 1% fuel surcharge waiver
- Backed by FD: easy approval
FAQ
›ICICI MMT Signature vs IDFC FIRST Wow: which is better?
IDFC FIRST Wow wins on more dimensions (5 vs 4). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use ICICI MMT Signature for its best categories, IDFC FIRST Wow for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
ICICI MMT Signature: ₹2,500 MMT Black holidays voucher. IDFC FIRST Wow: Lifetime free + 600 points on first transaction.