MakeMyTrip ICICI Bank vs Emirates Skywards ICICI Bank Rubyx (2026)
ICICI Bank's own upgrade question: ₹999/yr against ₹1,000/yr — and the dearer card earns LESS, 0.9% to 1.0%.
Head to head
| MakeMyTrip ICICI Bank | Metric | Emirates Skywards ICICI Bank Rubyx |
|---|---|---|
| #68 — wins this row | Our rank | #86 |
| ₹999/yr — wins this row | Fee — joining · annual (+ GST) | ₹1,000/yr |
| ₹3,00,000 spend | Fee waiver | None |
| 0.99% + GST — wins this row | Forex markup | 3.5% + GST |
| 3.75%/mo (45%/yr) | APR | 3.75%/mo (45%/yr) |
| 1.0% — wins this row | Headline earn rate | 0.9% |
| MakeMyTrip myCash | Currency | Emirates Skywards |
| ₹1.00/pt | House value | ₹0.90/pt |
| ₹1,000 MakeMyTrip voucher (valid 1 year) + MMTBLACK Gold membership; ₹1,000 more on every renewal (valid 3 months) | Welcome benefit | — |
| 726 of 789 — wins this row | Lounge doors opened | 72 of 789 |
Neither issuer publishes an income floor for these two. MakeMyTrip ICICI Bank is open to a direct application; Emirates Skywards ICICI Bank Rubyx is closed to new applications, and only grandfathered holders still have it. How people actually get Emirates Skywards ICICI Bank Rubyx 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.
MakeMyTrip ICICI Bank out-earns Emirates Skywards ICICI Bank Rubyx at every spend level we model, from ₹25k to ₹5L a month.
How the gap moves with spend
MakeMyTrip ICICI Bank leads at all 20 steps, but not by the same amount: ₹2,050 at ₹0.25L a month, ₹22,000 at ₹5L — the gap fans out with spend, widest at ₹5L (₹22,000).
MakeMyTrip ICICI Bank pays a renewal bonus whatever you spend, and Emirates Skywards ICICI Bank Rubyx pays nothing to stay; MakeMyTrip ICICI Bank runs a 6.0% booster on MakeMyTrip hotels, where Emirates Skywards ICICI Bank Rubyx earns one flat rate.
MakeMyTrip ICICI Bank draws above the line, Emirates Skywards ICICI Bank Rubyx below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | MakeMyTrip ICICI Bank | Emirates Skywards ICICI Bank Rubyx | In front |
|---|---|---|---|
| ₹0.25L | ₹3,750 | ₹1,700 | MakeMyTrip ICICI Bank by ₹2,050 |
| ₹0.5L | ₹7,500 | ₹4,400 | MakeMyTrip ICICI Bank by ₹3,100 |
| ₹0.75L | ₹11,250 | ₹7,100 | MakeMyTrip ICICI Bank by ₹4,150 |
| ₹1L | ₹15,000 | ₹9,800 | MakeMyTrip ICICI Bank by ₹5,200 |
| ₹1.25L | ₹18,750 | ₹12,500 | MakeMyTrip ICICI Bank by ₹6,250 |
| ₹1.5L | ₹22,500 | ₹15,200 | MakeMyTrip ICICI Bank by ₹7,300 |
| ₹1.75L | ₹26,250 | ₹17,900 | MakeMyTrip ICICI Bank by ₹8,350 |
| ₹2L | ₹30,000 | ₹20,600 | MakeMyTrip ICICI Bank by ₹9,400 |
| ₹2.25L | ₹33,750 | ₹23,300 | MakeMyTrip ICICI Bank by ₹10,450 |
| ₹2.5L | ₹37,500 | ₹26,000 | MakeMyTrip ICICI Bank by ₹11,500 |
| ₹2.75L | ₹41,250 | ₹28,700 | MakeMyTrip ICICI Bank by ₹12,550 |
| ₹3L | ₹45,000 | ₹31,400 | MakeMyTrip ICICI Bank by ₹13,600 |
| ₹3.25L | ₹48,750 | ₹34,100 | MakeMyTrip ICICI Bank by ₹14,650 |
| ₹3.5L | ₹52,500 | ₹36,800 | MakeMyTrip ICICI Bank by ₹15,700 |
| ₹3.75L | ₹56,250 | ₹39,500 | MakeMyTrip ICICI Bank by ₹16,750 |
| ₹4L | ₹60,000 | ₹42,200 | MakeMyTrip ICICI Bank by ₹17,800 |
| ₹4.25L | ₹63,750 | ₹44,900 | MakeMyTrip ICICI Bank by ₹18,850 |
| ₹4.5L | ₹67,500 | ₹47,600 | MakeMyTrip ICICI Bank by ₹19,900 |
| ₹4.75L | ₹71,250 | ₹50,300 | MakeMyTrip ICICI Bank by ₹20,950 |
| ₹5L | ₹75,000 | ₹53,000 | MakeMyTrip ICICI Bank by ₹22,000 |
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for
MakeMyTrip ICICI Bank · 1 more →
- myCash is a closed MakeMyTrip wallet — no transfers, no cash-out, per-booking caps
- Base earn off-MMT is a flat 1%
- Domestic lounges need ₹75k of prior-quarter spend
Emirates Skywards ICICI Bank Rubyx · 2 more →
- Closed to new applications — ICICI's own page says so
- No welcome miles and no renewal miles; the Emeralde and Sapphiro both have them
- Blue is Skywards' free entry tier — you can get it without paying ICICI ₹1,000
The call
For the ₹1L/month spender, MakeMyTrip ICICI Bank nets ₹15,000 against ₹9,800 — a ₹5,200 gap. At ₹5L/month, MakeMyTrip ICICI Bank nets ₹75,000 against ₹53,000 — a ₹22,000 gap. Lounge chasers: MakeMyTrip ICICI Bank opens 726 of 789 tracked doors to Emirates Skywards ICICI Bank Rubyx's 72.
Our standing verdicts: MakeMyTrip ICICI Bank — Keep; Emirates Skywards ICICI Bank Rubyx — Downgrade. On our board, MakeMyTrip ICICI Bank sits at #68 to Emirates Skywards ICICI Bank Rubyx's #86 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Straight answers
Which is better, MakeMyTrip ICICI Bank or Emirates Skywards ICICI Bank Rubyx?
MakeMyTrip ICICI Bank. It sits at #68 on our board to Emirates Skywards ICICI Bank Rubyx's #86. MakeMyTrip ICICI Bank takes 8 of the 8 rounds we can score. MakeMyTrip ICICI Bank out-earns Emirates Skywards ICICI Bank Rubyx at every spend level we model, from ₹25k to ₹5L a month.
MakeMyTrip ICICI Bank or Emirates Skywards ICICI Bank Rubyx — which earns more at ₹3L a month?
At ₹3L a month, MakeMyTrip ICICI Bank nets ₹45,000 against ₹31,400 — a ₹13,600 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 or Emirates Skywards ICICI Bank Rubyx?
MakeMyTrip ICICI Bank — ₹999/yr against ₹1,000/yr. MakeMyTrip ICICI Bank waives its fee at ₹3,00,000 of spend; Emirates Skywards ICICI Bank Rubyx at no spend level — there is no waiver.
Which gets you into more airport lounges, MakeMyTrip ICICI Bank or Emirates Skywards ICICI Bank Rubyx?
Lounge chasers: MakeMyTrip ICICI Bank opens 726 of 789 tracked doors to Emirates Skywards ICICI Bank Rubyx's 72. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Card records last re-verified against their issuers' own documents: MakeMyTrip ICICI Bank on 2026-08-05, Emirates Skywards ICICI Bank Rubyx on 2026-08-01. 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.