Head-to-head · 🇮🇳 India
ICICI MMT Signature vs SBI ELITE
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI MMT Signature
Wins 4 of 10
IN
Premium
SBI Card
SBI ELITE
Wins 3 of 10
Verdict
ICICI MMT Signature wins 4-3. MakeMyTrip loyalists — co-branded with strong travel benefits. SBI ELITE is still the right call if mid-premium sbi card with strong club benefits..
Side-by-side
| Criterion | ICICI MMT Signature | SBI ELITE |
|---|---|---|
| Annual fee | ₹2,500 | · ₹4,999 |
| Joining fee | ₹2,500 | · ₹4,999 |
| Top reward rate | 6% (travel) | · 2% (general) |
| Base reward rate | · 1.5% | 2% |
| Forex markup | · 2.5% | 1.99% |
| Welcome bonus | = ₹2,500 MMT Black holidays voucher | = 5,000 bonus reward points + ₹5,000 e-gift voucher |
| Fee waiver threshold | ₹600,000 / yr | · ₹1,000,000 / yr |
| Min income | · ₹800,000 | ₹600,000 |
| Min credit score | = 770 | = 770 |
| Editorial rating | = 4.4/5 | = 4.4/5 |
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
SBI ELITE
- 2 reward points per ₹100
- Free movie tickets (BookMyShow) up to ₹6K/year
- 6 international + 8 domestic lounge visits/year
- Club Vistara Silver + Trident Privilege Red
- Milestone benefits at ₹3L, ₹4L, ₹5L
FAQ
›ICICI MMT Signature vs SBI ELITE: which is better?
ICICI MMT Signature wins on more dimensions (4 vs 3). 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, SBI ELITE 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. SBI ELITE: 5,000 bonus reward points + ₹5,000 e-gift voucher.