Kotak Royale Signature vs ICICI MMT Signature
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Kotak Royale Signature wins 5-4. Mid-tier shopping/dining card with solid fee waiver economics. ICICI MMT Signature is still the right call if makemytrip loyalists — co-branded with strong travel benefits..
Side-by-side
| Criterion | Kotak Royale Signature | ICICI MMT Signature |
|---|---|---|
| Annual fee | ₹999 | · ₹2,500 |
| Joining fee | ₹999 | · ₹2,500 |
| Top reward rate | · 4% (shopping) | 6% (travel) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | · 3.5% | 2.5% |
| Welcome bonus | = 2,000 reward points worth ₹500 + Pizza Hut voucher | = ₹2,500 MMT Black holidays voucher |
| Fee waiver threshold | ₹250,000 / yr | · ₹600,000 / yr |
| Min income | ₹300,000 | · ₹800,000 |
| Min credit score | 740 | · 770 |
| Editorial rating | · 4/5 | 4.4/5 |
Benefits compared
Kotak Royale Signature
- 4 reward points per ₹150 on shopping + dining
- 1 reward point per ₹150 on other spends
- 2 complimentary domestic lounge visits per quarter
- Buy-1-get-1 movie ticket at PVR (Tuesdays)
- 1% fuel surcharge waiver
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
›Kotak Royale Signature vs ICICI MMT Signature: which is better?
Kotak Royale Signature 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 Kotak Royale Signature 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?
Kotak Royale Signature: 2,000 reward points worth ₹500 + Pizza Hut voucher. ICICI MMT Signature: ₹2,500 MMT Black holidays voucher.