The Myntra Kotak Credit Card is a co-branded shopping credit card, launched in partnership with Myntra, a leading ecommerce portal in India. This shopping card provides special incentives on Myntra purchases, and at select partners. The card also provides other lifestyle benefits like complimentary domestic airport lounge access.
Best for those who like shopping on Myntra, on such shopping you get a 7.50% discount. There is a cashback limit at a transaction level, of ₹750 per transaction, but no monthly card spend cap to earn these special Myntra rewards.
The card also offers 5% cashback at select partners, covering a wide range of services – Swiggy Instamart (grocery) || Swiggy (food delivery) || PVR (movies) || Cleartrip (travel) || Urban Company (beauty salon services, cleaning, home repairs).
You also get complimentary airport lounge access in India – once per quarter.
The card is virtually free from the 2nd year onwards, if you spend ₹2 lakhs or more in the previous year. If you use your card on all the promotion categories on offer, it is possible to achieve this spend target, along with good discounts and cashback.
You get a 7.50% discount on Myntra purchases.
This benefit is valid only on Myntra transactions upto ₹10,000, since the maximum discount available per transaction is ₹750. There is a transaction cap of ₹750 per transaction, but no monthly cap to earn these special discount.
The discount is applied at the time of check-out on Myntra’s app or website. For details, please click here.
You earn ₹5 as cashback, on every ₹100 you spend at select merchants-
– Swiggy Instamart (grocery)
– Swiggy (food delivery)
– PVR (movies)
– Cleartrip (travel)
– Urban Company (beauty salon services, cleaning, home repairs)
This benefit is valid only on total purchases upto ₹20,000 per month across these categories. Since the maximum cashback given is ₹1000 per monthly card statement cycle.
Some important points to note-
– Cashback earned for purchases during the current billing cycle will be credited to your account within 30 days of the transaction settlement.
– Cashback earned will be computed based on spends during the statement period minus any returns or refunds during the same period. In case the purchase/ transaction is returned/ cancelled/ reversed post statement generation date, cashback toward such transactions will be reversed.
– In case of conversion of a transaction to EMI at a later date, cashback earned on such transaction will be reversed during the same billing cycle as EMI conversion. In case the purchase/ transaction is converted to an EMI, then at a later date EMI is cancelled by the customer, cashback will not be applicable on that purchase amount.
For more details, please click here.
You earn ₹1.25 as cashback, on every ₹100 you spend on all other card purchases.
Exceptions – You get no cashback on fuel spends, rent payments, wallet recharges, EMI transactions and cash advances.
The cashback earned for purchases during the current billing cycle will be credited to your account within 30 days of the transaction settlement. For more details, please click here.
You earn ₹1.25 as cashback, on every ₹100 you spend on all UPI transactions.
Exceptions : No cashback is given on the following spends – fuel, rent, education,wallet recharges, EMI transactions. No cashback is also given on UPI transactions below or equal to ₹2000.
You get 2 complimentary PVR tickets valued at ₹250 each, when you spend ₹ 50,001 or more each calendar quarter.
– Card spends on rent, wallet, and fuel will not be included as valid spend for this quarterly benefit.
– PVR ticket redemption: You need to first claim your movie ticket vouchers (called Star Pass) on Kotak mobile app, and then use Star Pass to buy PVR tickets. For more details, please click here .
You get free visits to domestic airport lounges, 1 time per quarter. You can enjoy a range of exclusive perks, including gourmet meals, comfortable seating, widescreen TVs, access to newspapers and magazines, and free Wi-Fi during your lounge visit.
For list of lounges and other details, please click here .
You get 1% fuel surcharge waiver-
– Only on fuel transactions between ₹500 and ₹3000
– Only on yearly fuel purchases of upto ₹3.50 lakhs (since the maximum waiver amount is limited to ₹3500 per year).
Please click here to see all options on how to contact the bank.
You get exclusive everyday special offers. These offers can be found on the official Kotak website and includes discounts, cashback, rewards, and other benefits across various categories such as dining, shopping, travel, and more.
| Annual fee | Annual fee offers | |
|---|---|---|
| 1st year joining fee | ₹500 | Welcome offer : – You get a ₹500 Myntra Voucher , when you complete a card transaction of ₹500 or more within 30 days of card issuance – You get complimentary membership to the Myntra Insider Program, which gives you exclusive privileges like free shipping, access to VIP sales events etc. |
| Renewal fee from 2nd year onwards | ₹499 | Renewal fee offer : Annual fee is not charged from the 2nd year onwards, if you spend ₹2 lakhs or more in the previous year. |
Foreign currency mark-up fee
3.50% of the transaction amount – this fee is charged when you use your card outside India.
Finance charges
3.7% per month (44.40% per annum)
Important note
– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– Please click here to view all/updated fees & charges on this card
Some basic criteria is given below, there maybe additional requirements based on your profile, this is at the sole discretion of Kotak Mahindra Bank.
| Minimum age | Primary cardholder : 21 years Add-on cardholder : 18 years |
| Maximum age | 65 years |
| Residency | Resident of India |
| Minimum income | Not specified |
| Other criteria | Regular source of Income, good credit score preferably above 750, etc. |
| Online application process | The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Kotak Mahindra Bank website. You can also visit official website of the bank and fill out the application form. Steps – 1. Fill in the required details in the online application form, including personal and employment details, contact information, and income details. 2. Submit the application form along with the necessary documents such as identity proof, address proof, income proof and age proof. 3. Once your application is received, Kotak Mahindra Bank will review your application and verify the information provided. 4. Upon successful verification, you will receive a confirmation, and your Credit Card will be dispatched to your registered mailing address. |
| Offline (face to face) application process | Alternatively, you can also apply for the credit card by visiting the nearest Kotak Mahindra Bank branch, and submitting your application along with the necessary documents. To find the branch nearest to you, please visit here. |
| Tracking card application status | You can track your credit card application status by clicking here – Kotak Credit Card Application Status |
Common documents required to attain a credit card are as follows. Additional documents may be required on a case-to-case basis, this is at the sole discretion of Kotak Mahindra Bank.
| Required documents | For salaried employees : – Identification proof : Aadhaar card, PAN card, driving license, voter ID card, passport (any one) – Address proof : Utility bill, ration card, passport, driving license, voter ID card (any one) – Income proof : Salary slips, Form 16, income tax returns (any one) – Age proof : 10th standard school certificate, birth certificate, passport, voter ID card (any one) For self-employed professionals : – Identification proof : Aadhaar card, PAN card, driving license, voter ID card, passport (any one) – Address proof : Utility bill, ration card, passport, driving license, voter ID card , last two months’ bank statement (any one) – Income Proof : Income tax returns with computation of income, certified financial documents, proof of business continuity (any one) – Age proof : 10th standard school certificate, birth certificate, passport, voter ID card (any one) |
The Myntra Kotak Credit Card is a good shopping card for those who like shopping at Myntra, on such shopping you get 7.50% discount. The card also offers 5% cashback at select partners, covering a wide range of services.
The card is virtually free from the 2nd year onwards, if you spend ₹2 lakhs or more in the previous year. If you use your card on all the promotion categories on offer, you can achieve this spend target, along with good discounts and cashback.
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