BookMyForex adds MakeMyTrip travel rewards to its forex card
BookMyForex has bundled forex-load cashback with MakeMyTrip discounts on international flights, hotels, visas, tours and airport transfers, targeting Indian outbound travellers with a more integrated travel-spend proposition.
What happened
BookMyForex, a MakeMyTrip subsidiary, has added travel rewards to its Forex Card for Indian outbound travellers, combining forex-load cashback with MakeMyTrip
Key facts
- Up to ₹6,000 discount on international flights
- Up to 30% off hotels
- Up to 2% cashback on first forex load
- ₹25,000 minimum load for cashback
- ₹15,000 minimum forex load for airport-transfer voucher
- ₹500 MakeMyTrip airport-transfer voucher
- Estimated 3-5% overseas-spend loss from forex markups and conversion fees
Why this matters
The partnership highlights the value of linking payments, loyalty and travel inventory, making fintech-rewards alliances an attractive route to acquire high-intent international travellers.
What to watch
- Dedicated MakeMyTrip placement for BookMyForex at flight, hotel, visa or holiday-package checkout.
- Changes in cashback caps, minimum forex-load thresholds, redemption windows or reward exclusions.
- New co-branded offers from banks, fintechs, OTAs, airlines or card networks targeting Indian outbound travel.
- Reported growth in forex-card loads, active-card rates, repeat loads and conversion from MakeMyTrip users.
- RBI, card-network or FX-compliance changes affecting prepaid forex-card economics and cross-border spending.
- Embed card offers at MakeMyTrip trip-planning and checkout touchpoints, not only on BookMyForex channels.
- Create tiered rewards tied to forex-load size, multi-product bookings and repeat international travel.
- Bundle travel insurance, eSIMs, airport transfers and lounge benefits to increase card utility after the initial booking.
- Use booking intent and destination data to target pre-departure forex-load reminders and personalized reward offers.
- Test whether rewards can be funded by supplier commissions rather than incremental cashback expense.