All Cards
rupayselectcredit
Kotak Veer Select Credit Card
Kotak Mahindra Bank
shoppingdining
Annual Fee
₹599
Joining Fee
Nil
Base Reward
3% points
Foreign Markup
3.5%
Fee Waiver
Waived on ₹1L annual spend
Interest Rate
3.5% per month
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.
Rewards
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.
Redemption
1 Kotak Reward Point = ₹0.25.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
dining | 9%(9 Reward Points on every ₹200 spent) | No cap |
shopping | 9%(9 Reward Points on every ₹200 spent) | No cap |
grocery | 9%(9 Reward Points on every ₹200 spent) | No cap |
other | 3%(3 Reward Points on every ₹200 spent) | No cap |
Benefits & Features
Domestic: 8 complimentary domestic airport lounge access per year (capped at 2 per quarter). International: NA Complimentary access to domestic airport lounges.
Fees & Charges
Annual Fee₹599
Joining FeeNil
Fee WaiverWaived on ₹1L annual spend
Foreign Markup3.5%
Interest Rate3.5% per month
Cash Advance₹300 per withdrawal of ₹10,000.
Eligibility
Min Age
18 years
Max Age
65 years
Available Networks
rupay
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.