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    Documents Required for Credit Card Offers on MakeMyTrip

    To avail exciting credit card offers on MakeMyTrip, you'll need to provide certain essential documents during the application process. These typically include:

    Credit Card EMI Calculator

    Easily calculate your monthly EMIs for credit card purchases with Airtel Finance.  Enter the amount, tenure, and interest rate to get instant estimates.

    Purchase Amount ₹10,000
    ₹10,000
    ₹1K₹2L
    Interest Rate 13%
    13%
    5%36%
    Tenure 12 Months
    12 Months
    3M36M
    Unlock Your Credit Card Now

    Fees and Charges of Credit Card Offers on MakeMyTrip


    When considering credit cards with MakeMyTrip offers, it's crucial to understand the associated fees and charges. Here's a table outlining the key fees for the Airtel Axis Bank Credit Card:

    Fee Type

    Amount

    Joining Fee

    ₹500 + GST

    Annual Fee (1st Year)

    ₹500 + GST

    Annual Fee (2nd Year Onwards)

    ₹500 + GST (Waived on annual spends of ₹200,000 in the previous year)

    Add-on Card Fee

    Nil

    Interest Rate

    42% per annum

    Cash Advance Fee

    2.5% (Min ₹500)

    Late Payment Fee

    ₹500 - ₹750 (based on statement balance)

    Credit Card Offers on MakeMyTrip


    MakeMyTrip, one of India's leading online travel booking platforms, has partnered with several renowned banks to provide exclusive credit card offers to its customers. These offers are designed to enhance your travel experience while also offering financial benefits such as cashback, discounts, and rewards. For instance, the ICICI Bank MakeMyTrip credit card offers up to 6% myCash on bookings and an MMTBLACK Gold membership, which comes with a host of travel privileges.



    Features and Benefits of Using a Credit Card for Online Shopping on MakeMyTrip


    Using your credit card for online shopping on MakeMyTrip comes with a plethora of benefits, as outlined in the table below:

    Feature

    Description

    Rewards & Cashback

    Enjoy up to 6% myCash rewards on bookings with ICICI Bank cards. Axis Bank cards offer cashback on domestic flight bookings, such as ₹900 for bookings between ₹5,000 and ₹7,500.

    Discounts

    Avail instant discounts on international flights and hotels using specific promo codes.

    Membership Benefits

    Get an MMTBLACK Gold membership for enhanced travel privileges.

    Lounge Access

    Enjoy complimentary domestic and international airport lounge access.

    Forex Markup

    Benefit from a low forex markup of 0.99% with ICICI Bank cards.

    These features not only make your travel experience more rewarding but also help you save money on your bookings. In addition to these benefits, MakeMyTrip also offers flexible payment options like no-cost EMI and instant EMI.

    No-Cost EMI & Instant EMI Payment Options

    No-cost EMI and instant EMI options are available on credit card bookings made through MakeMyTrip. These payment options allow you to convert your purchases into monthly installments without incurring any additional interest charges. This is particularly beneficial when making large bookings, such as flights or hotel stays, as it provides flexibility in payment without the burden of extra costs.

    Many banks and credit card issuers offer these EMI options on MakeMyTrip bookings, making travel more affordable and financially manageable. However, it's important to note that the exact terms and availability may vary depending on the card issuer and the specific transaction.

    Credit Card EMI Interest Rate Comparisons Between Different Credit Card Providers

    Converting purchases into EMIs through credit cards is a popular financing option, allowing consumers to manage large purchases by breaking them down into manageable monthly payments. Different credit card providers offer varying interest rates and conditions for EMI conversions.

    Understanding these differences is crucial for choosing the most suitable credit card for your needs.

    Bank or Credit Card Provider

    Interest Rate (p.a.)

    Minimum Transaction Amount Needed for EMI Conversion (₹)

    Processing Fee (₹)

    Tenure

    State Bank of India (SBI)

    22%, or as per offers

    500

    2% of purchase (min. ₹199, max. ₹1,000)

    6-24 months

    American Express

    Starts from 14.04%

    5000

    2% of purchase

    -

    HDFC Bank

    Starts from 14%

    -

    -

    9-36 months

    ICICI Bank

    13%-15%

    3000

    NIL

    3-24 months

    Axis Bank

    18%

    2500

    1.5% of purchase or ₹150 (whichever is more)

    6-24 months

    Kotak Mahindra Bank

    13.92%-20.04%

    2500

    NIL-35 per Thousand

    -

    YES Bank

    12%-15%

    2500

    NIL

    3-24 months

    Points to Consider Before Applying for Credit Card EMI Conversion


    Before opting for credit card EMI conversion, it's essential to evaluate various aspects to ensure the arrangement aligns with your financial goals and repayment capabilities:

    • Interest Rate: Compare interest rates offered by different banks, as lower rates can significantly reduce your financial burden over the loan tenure.
    • Tenure Options: While longer tenures may reduce monthly EMI amounts, they increase the total interest paid. Choose a tenure that balances affordability with interest costs.
    • Processing Fees: Be aware of any processing fees charged by banks for EMI conversions, as they add to the total cost of the loan.
    • Pre-closure Charges: Check if there are penalties for early repayment of the EMI loan, which may impact your flexibility in managing the debt.
    • GST on Interest: Remember that GST is applicable on the interest component of EMI payments, increasing the overall cost of the loan.
    • Minimum Transaction Amount: Ensure your purchase amount meets the minimum requirement set by the bank for EMI conversion eligibility.

    Why Choose Airtel Finance

    Airtel Finance offers a range of products and services designed to cater to the diverse needs of customers. When it comes to credit card offers on platforms like MakeMyTrip, Airtel Finance partners with leading banks to provide attractive benefits and seamless experiences.

    By choosing Airtel Finance for your credit card needs, you can enjoy:

    • Competitive interest rates and favourable terms on EMI conversions for travel bookings made through MakeMyTrip.
    • Simplified application processes and quick approvals enable you to plan your trips without hassle.
    • Robust security measures to protect your financial transactions and personal information.
    • Seamless integration with the Airtel ecosystem, allowing you to manage your credit card and avail offers through the Airtel Thanks app.
    • Dedicated customer support to assist you with any queries or concerns related to your credit card or EMI conversions.

    With Airtel Finance's partnerships with leading banks and its commitment to delivering value-added services, you can make the most of your travel experiences while enjoying the benefits of flexible payment options and attractive offers on MakeMyTrip.

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