Head-to-head · 🇮🇳 India
IRCTC SBI Premier vs ICICI MMT Signature
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
SBI Card
IRCTC SBI Premier
RuPay
Wins 6 of 10
IN
ICICI Bank
ICICI MMT Signature
Wins 3 of 10
Verdict
IRCTC SBI Premier wins 6-3. Frequent rail travelers — 10% IRCTC train ticket value back. ICICI MMT Signature is still the right call if makemytrip loyalists — co-branded with strong travel benefits..
Side-by-side
| Criterion | IRCTC SBI Premier | ICICI MMT Signature |
|---|---|---|
| Annual fee | ₹1,499 | · ₹2,500 |
| Joining fee | ₹1,499 | · ₹2,500 |
| Top reward rate | 10% (travel) | · 6% (travel) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | · 4% | 2.5% |
| Welcome bonus | = 1,500 IRCTC reward points | = ₹2,500 MMT Black holidays voucher |
| Fee waiver threshold | ₹200,000 / yr | · ₹600,000 / yr |
| Min income | ₹360,000 | · ₹800,000 |
| Min credit score | 720 | · 770 |
| Editorial rating | · 4/5 | 4.4/5 |
Benefits compared
IRCTC SBI Premier
- 10% rewards on IRCTC train ticket bookings
- 4 reward points per ₹125 on dining + groceries
- Up to 5% railway lounge access discount
- 8 complimentary domestic airport lounge visits/year
- 4% forex markup (high — not for international)
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
FAQ
›IRCTC SBI Premier vs ICICI MMT Signature: which is better?
IRCTC SBI 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 IRCTC SBI Premier for its best categories, ICICI MMT Signature for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
IRCTC SBI Premier: 1,500 IRCTC reward points. ICICI MMT Signature: ₹2,500 MMT Black holidays voucher.