Kotak Mahindra Bank
Kotak Zen Signature Credit Card
Annual Fee
₹1,770₹1,500 + GSTBase Reward
5% points
Foreign Markup
3.5%
Welcome Benefits
1,500 Zen Points on payment of joining fees
Product Highlights
- 1500 Zen Points on Payment of Joining fees
- 8 Complimentary Domestic Lounge Access every year
- 3 Complimentary International Lounges
- 7500 bonus Zen Points on annual spending of ₹3,00,000
- 15000 bonus Zen Points on annual spending of ₹6,00,000
Category Rewards
shopping
10 Zen Points / ₹150 on shopping
1.67X
Specialty
10 Zen Points / ₹150 on shopping
1.67X
Specialty
10 Zen Points / ₹150 on shopping
1.67X
Specialty
10 Zen Points / ₹150 on shopping
1.67X
Fee Waiver
Annual fee waiver on the spending of ₹1,50,000
Reward Calculator
Costs you ₹170/year
Break-even needs ~₹14,382/month at your reward mix.
₹13K
across all your buckets
6.4K
Kotak Zen Points
₹1.6K
via standard · ₹0.25/pt
Effective rate
1.03%
Annual fee
₹1,770
Year 1 net
₹-170
Year 2+ net
₹-170
ongoing
Adjust your spend by reward bucket
2 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
7,500 bonus Zen Points
Additional 7,500 bonus Zen Points (cumulative 15,000)
Real Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
Cycle cap
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, online gaming
Fuel surcharge waiver (good news)
1%on ₹500–₹5,000 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 10 Zen Points for every ₹150 spent on Apparels, Lifestyle Goods & Jewellery. Earn 5 Zen Points for every ₹150 on All Other Spends.
- 1 Zen Point = ₹0.25 redemption with the Kotak Reward program.
Benefits & Features
Domestic: 8 Complimentary Domestic Lounge Access Every Year (Spend-Based, minimum ₹75,000 in the previous quarter.) International: 3 Complimentary International Lounge Visits (Available after making four purchase transactions in a year.) Full lounge access description.
Pros & Cons
Pros
- High reward rate on shopping categories
- Complimentary lounge access
- Annual fee waiver on spending
Cons
- No reward points on fuel transactions
- High minimum spend for lounge access
Additional Info
Total reward points earned on all transactions will be capped at 6,500 points per billing cycle.
Excluded Categories
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
Salaried
₹4.8L+
Self-Emp
₹4.8L+
Networks
Fee Waiver
Annual fee waiver on the spending of ₹1,50,000