Head-to-head · 🇮🇳 India
ICICI MMT Signature vs SBI IRCTC Premier
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI MMT Signature
Wins 3 of 10
IN
SBI Card
SBI IRCTC Premier
VISA
Wins 6 of 10
Verdict
SBI IRCTC Premier wins 6-3. Heavy IRCTC train booking users. ICICI MMT Signature is still the right call if makemytrip loyalists — co-branded with strong travel benefits..
Side-by-side
| Criterion | ICICI MMT Signature | SBI IRCTC Premier |
|---|---|---|
| Annual fee | · ₹2,500 | ₹1,499 |
| Joining fee | · ₹2,500 | ₹1,499 |
| Top reward rate | · 6% (travel) | 10% (travel) |
| Base reward rate | 1.5% | · 1.25% |
| Forex markup | 2.5% | · 3.5% |
| Welcome bonus | = ₹2,500 MMT Black holidays voucher | = 1,500 reward points + waived first-year fee on ₹1L spend |
| Fee waiver threshold | · ₹600,000 / yr | ₹200,000 / yr |
| Min income | · ₹800,000 | ₹300,000 |
| Min credit score | · 770 | 740 |
| Editorial rating | 4.4/5 | · 3.9/5 |
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 IRCTC Premier
- 10% IRCTC reward points on train ticket bookings
- 1.25% on other spends
- 4 IRCTC lounge visits/year
- 1% transaction fee waiver on IRCTC site
FAQ
›ICICI MMT Signature vs SBI IRCTC Premier: which is better?
SBI IRCTC Premier wins on more dimensions (6 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 IRCTC Premier 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 IRCTC Premier: 1,500 reward points + waived first-year fee on ₹1L spend.