Bad Luck Card

[kunalcc]

I am so unfortunate that whenever I get a new credit card, it becomes devalue in short time. I already have Amazon card. I got ICICI MMT Card pre approved. So I took this card on 10 October. After one hour I got sms that Amazon card along with all ICICI card got devalued. Now I am in dilemma whether to keep or close MMT dual card. I am also confused whether lounge access got devalued in this card, because nowhere in devaluation PDF its mentioned MMT mastercard. So, 999 annual fees will justify or not?

Previously I took IDFC select card, it got devalued in two months 😭

 

[helloworld]

It's a new card, takes time till then enjoy.

 

[Maxwell]

Have you activated the card, if not done then don't activate it. There will be no charges in that case

 

[kunalcc]

Have you activated the card, if not done then don't activate it. There will be no charges in that case

I need confirmation whether lounge access devalued. Customer care can't confirm. Devaluation PDF didn't mention MMT mastercard

 

[cardio_guy]

Update here before taking other cards, so that we can be careful 😛

 

[shrewdoc]

Thread title should read: "Whether to Activate New ICICI MMT Dual Cards"

 

[kunalcc]

Thread title should read: "Whether to Activate New ICICI MMT Dual Cards"

This is my bad luck. Previously I took IDFC select, it got devalued in two months

 

[varun037]

I dont think new MMT credit cards are mentioned in the new t&c documents. It has been launched recently and devaluation after 40 days of launch does not make any sense. So I think u can access lounge with the credit card.

 

[kunalcc]

I dont think new MMT credit cards are mentioned in the new t&c documents. It has been launched recently and devaluation after 40 days of launch does not make any sense. So I think u can access lounge with the credit card.

Here is confusion

 

[varun037]

Here is confusion

it does mention MakeMyTrip platinum & signature cards only. These cards just have joining fees and no annual fees. While new ICICI MMT card does have an annual fee. I could not even find an e-welcome kit for new MMT card.

On the other note, this update is confusing. I already have a coral cc which is lifetime free and an addon card with it.. I too am confused whether annual fees will be levied on my card. it will be a weird situation where primary card is LTF while addon card has fees..

 

[kunalcc]

it does mention MakeMyTrip platinum & signature cards only. These cards just have joining fees and no annual fees. While new ICICI MMT card does have an annual fee. I could not even find an e-welcome kit for new MMT card.

On the other note, this update is confusing. I already have a coral cc which is lifetime free and an addon card with it.. I too am confused whether annual fees will be levied on my card. it will be a weird situation where primary card is LTF while addon card has fees..

Thats why ICICI is donkey bank similar to IDFC Bank. IDFC select was fantastic untill donkey bank decide to kill it

 

[varun037]

Thats why ICICI is donkey bank similar to IDFC Bank. IDFC select was fantastic untill donkey bank decide to kill it

ICICI was never good at rewards. The only reason for keeping ICICI CCc is brand offers. It gives good discount offers on purchases on various websites. IDFC credit cards are now useless.

 

[Fini7777]

I am so unfortunate that whenever I get a new credit card, it becomes devalue in short time. I already have Amazon card. I got ICICI MMT Card pre approved. So I took this card on 10 October. After one hour I got sms that Amazon card along with all ICICI card got devalued. Now I am in dilemma whether to keep or close MMT dual card. I am also confused whether lounge access got devalued in this card, because nowhere in devaluation PDF its mentioned MMT mastercard. So, 999 annual fees will justify or not?

Previously I took IDFC select card, it got devalued in two months 😭

Just for clarification
The devaluation is for MMT Platinum and Signature not for the newly launched MMT dual variant cards
U can enjoy all the benefits of it like lounge access without any spend criteria unlike other ICICI cards

 

[kunalcc]

Thanks everyone for discussion

 

[Centurion_wala]

devaluation after 40 days of launch does not make any sense.

Did you forget Emerald Private metal card?

 

[hellobois]

I am so unfortunate that whenever I get a new credit card, it becomes devalue in short time. I already have Amazon card. I got ICICI MMT Card pre approved. So I took this card on 10 October. After one hour I got sms that Amazon card along with all ICICI card got devalued. Now I am in dilemma whether to keep or close MMT dual card. I am also confused whether lounge access got devalued in this card, because nowhere in devaluation PDF its mentioned MMT mastercard. So, 999 annual fees will justify or not?

Previously I took IDFC select card, it got devalued in two months 😭

Achaaaaa
... To asli panauti aap hi ho .....
Tabhi to sara TF pareshan hai ki etni jaldi jaldi devaluation kyu ho rhe hain ...
P.S. - enjoy the cards as long as they are providing benefits.
After that take a scissor and cut in in two halfs and throw it away. I did the same .
And remember ..... Sab mar jayenge ... Bas SBI Cashback bachega ....

 

[kunalcc]

Did you forget Emerald Private metal card?

We are middle class 😢

 

[helloworld]

If this is true, then you're done with this card.

 

[kunalcc]

FINAL UPDATE - ICICI Bank's customer care called and confirmed to me that a spending condition of 75k quarterly is required for lounge access on the MMT Mastercard Rupay. I told them that ICICI is so incompetent that they didn't mention this in the devaluation PDF.

My MMT Mastercard has not even been dispatched after 9 days of approval. Customer care informed me there is a technical issue with card dispatch, causing a delay. I told them the ICICI team is so lazy that they didn't even notify customers of this technical issue via SMS.

Who will use ICICI credit card after this kind of service?

 

[Fini7777]

FINAL UPDATE - ICICI Bank's customer care called and confirmed to me that a spending condition of 75k quarterly is required for lounge access on the MMT Mastercard Rupay. I told them that ICICI is so incompetent that they didn't mention this in the devaluation PDF.

My MMT Mastercard has not even been dispatched after 9 days of approval. Customer care informed me there is a technical issue with card dispatch, causing a delay. I told them the ICICI team is so lazy that they didn't even notify customers of this technical issue via SMS.

Who will use ICICI credit card after this kind of service?

It's very disappointing
As those cards were not in the list I thought they were exception
Now, ICICI cards r only for sale offers.