Icici Mmt signature

[chandra.prakash]

Dear members

I have 3 cards from icici ie. Coral, apay and Mmt signature, Mmt signature got in 2022 and thereafter got apay and coral.

I am thinking to close Mmt signature due to no use.

I have also sbi irctc (my 1st card) in 2020 which is active.

So I close Mmt signature then any negative impacts on cibil score ??

 

[Nishan11]

Dear members

I have 3 cards from icici ie. Coral, apay and Mmt signature, Mmt signature got in 2022 and thereafter got apay and coral.

I am thinking to close Mmt signature due to no use.

I have also sbi irctc (my 1st card) in 2020 which is active.

So I close Mmt signature then any negative impacts on cibil score ??

You must have 3 separate ICICI account on CIBIL. So closing MMT will only reduce your total credit limit ( even though limit is shared, it's reported separately on your 3 accounts by ICICI ).

There might be some fluctuations after few days/weeks but it will be stable soon.
And, it's better to close if you are not using it.

It will reduce your over leverage issue when you apply any card in future.

 

[GROWNUPS]

Did you close that card? What did you choose and Why?

 

[GROWNUPS]

I have the same portfolio as you,

No major impact on CIBIL, you may see a drop in next month, but it will reset back in later months,
I'd suggest going for new MMT ICICI Card, they give both MasterCard and Rupay card together, so you can close Coral & MMT for a card with slightly better rewards

 

[chandra.prakash]

I have the same portfolio as you,

No major impact on CIBIL, you may see a drop in next month, but it will reset back in later months,
I'd suggest going for new MMT ICICI Card, they give both MasterCard and Rupay card together, so you can close Coral & MMT for a card with slightly better rewards
View attachment 112184

How much points down ?

 

[sovon]

I have the same portfolio as you,

No major impact on CIBIL, you may see a drop in next month, but it will reset back in later months,
I'd suggest going for new MMT ICICI Card, they give both MasterCard and Rupay card together, so you can close Coral & MMT for a card with slightly better rewards
View attachment 112184

Mmt is applicable for instant bank discounts?

 

[ashwinikumar900]

Is this card any good? I am constantly getting the notification for this card as a first-year free.