Kotak Mahindra Bank
Kotak Privy League Signature Credit Card
Annual Fee
Lifetime FreeBase Reward
2% points
Foreign Markup
2% for paid variant and 3.5% for the free variant (exclusive of GST)
Welcome Benefits
N/A
Product Highlights
- Exclusive to Privy customers
- Choice between Shopper’s Plan and Traveller’s Plan
- 5X reward points on select categories
- Complimentary domestic and international lounge access for paid variant
Category Rewards
shopping
5X RP on shopping categories
5X
grocery
5X RP on shopping categories
5X
Specialty
5X RP on shopping categories
5X
Specialty
5X RP on shopping categories
5X
shopping
5X RP on shopping categories
5X
travel
5X RP on travel categories
5X
travel
5X RP on travel categories
5X
Specialty
5X RP on travel categories
5X
Specialty
5X RP on travel categories
5X
travel
5X RP on travel categories
5X
Fee Waiver
The annual membership fee will be waived off if the cardholder spends ₹5 lakh in the preceding year or by maintaining Insignia or True Optima Banking Relationship
Reward Calculator
Earns ₹1,200/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
6K
Kotak Reward Points
₹1.2K
via standard · ₹0.2/pt
Effective rate
0.63%
Annual fee
FREE
Year 1 net
+₹1,200
Year 2+ net
+₹1,200
ongoing
Adjust your spend by reward bucket
3 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
4 free PVR tickets OR 10,000 Reward Points
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
2.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, cash advance, rent, wallet, emi
Fuel surcharge waiver (good news)
1%on ₹400–₹5,000 fuel txns · capped at ₹4,500/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
5X Reward Points on spends of ₹100 at select shopping categories like apparel, grocery, consumer durable, multi-brand online and departmental stores. 5X Reward Points on spends of ₹100 at select travel categories like airlines, hotels, duty-free, international spends and travel agencies.
- Reward Points redeemable on Kotak reward redemption portal.
Benefits & Features
Domestic: 2 Complimentary visits to the Dream Folks Lounges in India International: 4 complimentary lounge visits every year visits with Priority Pass (paid variant only) Complimentary Priority Pass membership (with both variants)
Pros & Cons
Pros
- 5X Reward Points on select shopping and travel spends
- Complimentary lounge access
- Customizable benefits based on spending needs
Cons
- Annual fee of ₹2,500 for paid variant
- Limited to Privy customers only
Additional Info
Important note 1
Note 2
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
21 yrs
Networks
Fee Waiver
The annual membership fee will be waived off if the cardholder spends ₹5 lakh in the preceding year or by maintaining Insignia or True Optima Banking Relationship