MakeMyTrip ICICI Bank Signature vs Kotak Privy League Signature (2026)
The answer changes hands 2 times between ₹0.25L and ₹5L a month — this pair is decided by your spend, not by the board.
Head to head
| MakeMyTrip ICICI Bank Signature | Metric | Kotak Privy League Signature |
|---|---|---|
| #72 — wins this row | Our rank | #79 |
| ₹0/yr · ₹2,500 joining (one-time) | Fee — joining · annual (+ GST) | ₹2,500/yr |
| None | Fee waiver | ₹5,00,000 spend |
| 3.5% + GST | Forex markup | 2% (paid variant); 3.5% (free variant) — wins this row |
| 3.75%/mo (45%/yr) | APR | 3.5%/mo (42%/yr) |
| 0.6% — wins this row | Headline earn rate | 0.5% |
| MakeMyTrip myCash | Currency | Kotak Reward Points |
| ₹1.00/pt | House value | ₹0.25/pt † |
| MMTBLACK Platinum tier + a MakeMyTrip holiday voucher up to ₹2,500 — one-time, on joining. CLOSED TO NEW APPLICATIONS. | Welcome benefit | None — no joining bonus (free for Privy League / Black relationships) |
| 752 of 789 — wins this row | Lounge doors opened | 724 of 789 |
† Kotak Privy League Signature: Kotak reward points redeem at a flat ₹0.25 on the catalogue — products, vouchers, recharges, flight/hotel tickets — with no published airline or hotel transfer partners. So the 2 RP/₹100 base is a 0.5% return; the 5X plan lifts one category to ~1.25%, and that's the ceiling. Take the cash instead and you get less: Kotak's Revised Cardholder Agreement cut this card's statement-credit rate from ₹0.25 to ₹0.20 a point on 1 June 2025, minimum 2,000 points.
Neither issuer publishes an income floor for these two, and the door is the same on both sides: MakeMyTrip ICICI Bank Signature and Kotak Privy League Signature are both closed to new applications, and only grandfathered holders still have it. How people actually get each one is on its card page.
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Ranking-value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.
It swings with spend: Kotak Privy League Signature at ₹1L/month, MakeMyTrip ICICI Bank Signature at ₹3L/month, MakeMyTrip ICICI Bank Signature at ₹5L/month.
Where the lead changes hands
The lead changes hands at ₹0.75L and ₹2.5L a month: MakeMyTrip ICICI Bank Signature is ahead by ₹2,093 at ₹0.25L, MakeMyTrip ICICI Bank Signature by ₹2,475 at ₹5L.
MakeMyTrip ICICI Bank Signature charges ₹2,500 once at issuance and nothing to renew.
MakeMyTrip ICICI Bank Signature draws above the line, Kotak Privy League Signature below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | MakeMyTrip ICICI Bank Signature | Kotak Privy League Signature | In front |
|---|---|---|---|
| ₹0.25L | ₹3,181 | ₹1,088 | MakeMyTrip ICICI Bank Signature by ₹2,093 |
| ₹0.5L | ₹9,263 | ₹5,425 | MakeMyTrip ICICI Bank Signature by ₹3,838 |
| ₹0.75L | ₹11,344 | ₹13,013 | Kotak Privy League Signature by ₹1,669 |
| ₹1L | ₹13,425 | ₹14,850 | Kotak Privy League Signature by ₹1,425 |
| ₹1.25L | ₹15,506 | ₹16,688 | Kotak Privy League Signature by ₹1,182 |
| ₹1.5L | ₹17,588 | ₹18,525 | Kotak Privy League Signature by ₹937 |
| ₹1.75L | ₹19,669 | ₹20,363 | Kotak Privy League Signature by ₹694 |
| ₹2L | ₹21,750 | ₹22,200 | Kotak Privy League Signature by ₹450 |
| ₹2.25L | ₹23,831 | ₹24,038 | Kotak Privy League Signature by ₹207 |
| ₹2.5L | ₹25,913 | ₹25,875 | MakeMyTrip ICICI Bank Signature by ₹38 |
| ₹2.75L | ₹27,994 | ₹27,713 | MakeMyTrip ICICI Bank Signature by ₹281 |
| ₹3L | ₹30,075 | ₹29,550 | MakeMyTrip ICICI Bank Signature by ₹525 |
| ₹3.25L | ₹32,156 | ₹31,388 | MakeMyTrip ICICI Bank Signature by ₹768 |
| ₹3.5L | ₹34,238 | ₹33,225 | MakeMyTrip ICICI Bank Signature by ₹1,013 |
| ₹3.75L | ₹36,319 | ₹35,063 | MakeMyTrip ICICI Bank Signature by ₹1,256 |
| ₹4L | ₹38,400 | ₹36,900 | MakeMyTrip ICICI Bank Signature by ₹1,500 |
| ₹4.25L | ₹40,481 | ₹38,738 | MakeMyTrip ICICI Bank Signature by ₹1,743 |
| ₹4.5L | ₹42,563 | ₹40,575 | MakeMyTrip ICICI Bank Signature by ₹1,988 |
| ₹4.75L | ₹44,644 | ₹42,413 | MakeMyTrip ICICI Bank Signature by ₹2,231 |
| ₹5L | ₹46,725 | ₹44,250 | MakeMyTrip ICICI Bank Signature by ₹2,475 |
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for
MakeMyTrip ICICI Bank Signature · 3 more →
- Closed to new applications — ICICI's own page says so
- Everything earns per ₹200, not ₹100: base spends are 0.625%, MMT flights just 1%
- Milestone myCash needs ₹2.5L and ₹5L of spend on a card you shouldn't be spending on
Kotak Privy League Signature · 5 more →
- Lounge access is spend-gated since 1-Jun-2025 — you need ₹75,000 through the card in a calendar quarter to get the complimentary visits the NEXT quarter
- Reward points redeem at just ₹0.25 — a 0.5% base, and no published airline/hotel transfers
- Cash-out was cut to ₹0.20 a point on 1-Jun-2025 (min 2,000 points) — redeem on the catalogue, never as statement credit
The call
For the ₹1L/month spender, Kotak Privy League Signature nets ₹14,850 against ₹13,425 — a ₹1,425 gap. At ₹5L/month, MakeMyTrip ICICI Bank Signature nets ₹46,725 against ₹44,250 — a ₹2,475 gap. Lounge chasers: MakeMyTrip ICICI Bank Signature opens 752 of 789 tracked doors to Kotak Privy League Signature's 724.
Our standing verdicts: MakeMyTrip ICICI Bank Signature — Keep; Kotak Privy League Signature — Downgrade. On our board, MakeMyTrip ICICI Bank Signature sits at #72 to Kotak Privy League Signature's #79 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Straight answers
Which is better, MakeMyTrip ICICI Bank Signature or Kotak Privy League Signature?
MakeMyTrip ICICI Bank Signature. It sits at #72 on our board to Kotak Privy League Signature's #79. MakeMyTrip ICICI Bank Signature takes 5 of the 7 rounds we can score. It swings with spend: Kotak Privy League Signature at ₹1L/month, MakeMyTrip ICICI Bank Signature at ₹3L/month, MakeMyTrip ICICI Bank Signature at ₹5L/month.
MakeMyTrip ICICI Bank Signature or Kotak Privy League Signature — which earns more at ₹3L a month?
At ₹3L a month, MakeMyTrip ICICI Bank Signature nets ₹30,075 against ₹29,550 — a ₹525 gap. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.
Which costs less to hold, MakeMyTrip ICICI Bank Signature or Kotak Privy League Signature?
They cost the same to get: ₹0/yr · ₹2,500 joining (one-time). MakeMyTrip ICICI Bank Signature waives its fee at no spend level — there is no waiver; Kotak Privy League Signature at ₹5,00,000 of spend.
Which gets you into more airport lounges, MakeMyTrip ICICI Bank Signature or Kotak Privy League Signature?
Lounge chasers: MakeMyTrip ICICI Bank Signature opens 752 of 789 tracked doors to Kotak Privy League Signature's 724. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Both card records were last re-verified against their issuers' own documents on 2026-07-26. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.