HomeCredit CardsKotak Veer Platinum Credit Card
Kotak Veer Platinum Credit Card

Kotak Mahindra Bank

Kotak Veer Platinum Credit Card

visaplatinumcreditshopping

Annual Fee

₹353₹299 + GST

Base Reward

2% points

Foreign Markup

3.5% on all foreign transactions.

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4.5/5
VerifiedLast updated 26 May 2026

Welcome Benefits

500 Reward Points if you spend ₹500 in the first 30 days of card set-up.

Product Highlights

  • 3x Reward Points per ₹200 spent towards dining, grocery, etc.
  • 2 Reward Points per ₹200 spent on other categories.
  • Welcome offer on the basis of your spend in the first 30 days.
  • Add-on card facility at zero cost.

Category Rewards

Specialty

2 RP / ₹100 on online spends (typical Kotak Platinum)

0.5X

Fee Waiver

Annual fee waiver on spending ₹50,000 or more in a year.

Merchant-Specific Rewards

1 pt ≈ ₹0.25–₹0.50
BookMyShow

BookMyShow

3x Reward Points

3X
PVR

PVR

3x Reward Points

3X

Reward Calculator

Earns ₹127/year (net)

Modest gain. Solid hold if you like the perks.

Monthly spend

₹13K

across all your buckets

Points / yr

1.9K

Kotak Reward Points

Best worth

₹480

via standard · ₹0.25/pt

Effective rate

0.31%

Annual fee

₹353

Year 1 net

+₹127

Year 2+ net

+₹127

ongoing

Adjust your spend by reward bucket

2 buckets
0.50%2 RP / ₹100 on online spends (typical Kotak Platinum)
₹3,000/mo
Earns 60 kotak reward points / mo≈ ₹15 worth/mo
0.25%All other spends
₹10,000/mo
Earns 100 kotak reward points / mo≈ ₹25 worth/mo

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

3.5%

Charged on every international (non-INR) transaction

Excluded from rewards

fuel, cash advance, rent, wallet, emi, government

Fuel surcharge waiver (good news)

1%

on ₹500–₹3,000 fuel txns · capped at ₹3,500/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

Earn 3x Reward Points on every ₹200 spent towards movies, dining, grocery, and departmental stores. Earn 2 Reward Points per ₹200 spent on all other categories.

Reward Points — Redemption Value
  • 1 Reward Point = ₹0.25.

Benefits & Features

1% at all fuel stations in India.

Pros & Cons

Pros

  • No joining fee.
  • Annual fee of ₹299 can be waived.
  • 1% fuel surcharge waiver.
  • Credit shield of ₹1,25,000.

Cons

  • Annual fee applies if spending is less than ₹50,000.
  • Limited to armed forces officials.

Additional Info

Specially designed for armed forces officials.

Available in select locations.

Excluded Categories

fuelrent

Partner Merchants

BookMyShowPVR

Ready to apply?

Apply directly on the bank's official website. Quick approval, no hidden steps.

Apply Now

Official bank website · Secure

Fees & Charges

Annual Fee₹299
Joining FeeNil
Fee WaiverAnnual fee waiver on spending ₹50,000 or more in a year.
Foreign Markup3.5% on all foreign transactions.
Interest Rate3.5% per month (or 42% annually).
Cash Advance₹300 is charged for every ₹10,000 withdrawn.

Eligibility

Min Age

18 yrs

Networks

visamastercardrupay