Kotak Mahindra Bank
Kotak Veer Select Credit Card
Annual Fee
₹599
Base Reward
3% points
Foreign Markup
3.5%
Welcome Benefits
Complimentary IHO membership worth ₹8,500 on spending ₹500 within the first 30 days of card issuance.
Product Highlights
- Complimentary IHO membership worth ₹8,500 as a welcome benefit on spending ₹500 in the first 30 days.
- Earn 9 reward points on every ₹200 spent on movies, dining, grocery, and departmental stores.
- 1% fuel surcharge waiver across all fuel stations (capped at ₹3,500 per annum).
- Annual fee waiver on spending ₹1,00,000.
Category Rewards
dining
9 Reward Points on every ₹200 spent
9 Reward Points on every ₹200 spent
shopping
9 Reward Points on every ₹200 spent
9 Reward Points on every ₹200 spent
grocery
9 Reward Points on every ₹200 spent
9 Reward Points on every ₹200 spent
other
3 Reward Points on every ₹200 spent
3 Reward Points on every ₹200 spent
Fee Waiver
Waived on ₹1L annual spend
Rewards Details
Earn 9 reward points on every ₹200 spent on movies, dining, grocery, and departmental stores. Earn 3 reward points on every ₹200 spent in all other categories.
- 1 Kotak Reward Point = ₹0.25.
Benefits & Features
Domestic: 8 complimentary domestic airport lounge access per year (capped at 2 per quarter). International: NA Complimentary access to domestic airport lounges.
Pros & Cons
Pros
- Zero joining fee.
- High reward rate on movies, dining, grocery, and departmental stores.
- Complimentary domestic lounge access.
Cons
- Annual fee of ₹599 after the first year unless waived.
- No international lounge access.
Fees & Charges
Eligibility
Min Age
18 yrs
Networks
Fee Waiver
Waived on ₹1L annual spend