Head-to-head · 🇮🇳 India
ICICI MMT Signature vs SBI Pulse
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI MMT Signature
Wins 4 of 10
IN
SBI Card
SBI Pulse
Wins 5 of 10
Verdict
SBI Pulse wins 5-4. Health/fitness focused — smartwatch + wellness benefits. 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 Pulse |
|---|---|---|
| Annual fee | · ₹2,500 | ₹1,499 |
| Joining fee | · ₹2,500 | ₹1,499 |
| Top reward rate | 6% (travel) | · 1% (general) |
| Base reward rate | 1.5% | · 1% |
| Forex markup | 2.5% | · 3.5% |
| Welcome bonus | = ₹2,500 MMT Black holidays voucher | = Noise smartwatch on activation + 5,000 reward points |
| Fee waiver threshold | · ₹600,000 / yr | ₹200,000 / yr |
| Min income | · ₹800,000 | ₹360,000 |
| 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 Pulse
- Free Noise ColorFit Pulse 2 smartwatch
- 4 reward points per ₹100 on chemists, dining, movies
- 4 domestic lounge visits/year
- 1-year FITPASS PRO membership
- Cult.fit + 1mg discount partnerships
FAQ
›ICICI MMT Signature vs SBI Pulse: which is better?
SBI Pulse 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, SBI Pulse 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 Pulse: Noise smartwatch on activation + 5,000 reward points.