Kotak Mahindra Bank
Myntra Kotak Credit Card
Annual Fee
₹500
Base Reward
1.25% cashback
Foreign Markup
3.5%
Welcome Benefits
Myntra voucher worth Rs. 500 on making 1 transaction above Rs. 500 inside 30 days of card issuance
Product Highlights
- 7.5% discount on Myntra spends
- 5% cashback on partner brands
- Unlimited 1.25% cashback on other spends
Category Rewards
other
1.25% cashback on other spends
1.25%
shopping
5% Cashback on Partner Shopping
5%
Fee Waiver
Renewal fee waiver on spends of ₹2 Lakhs in the anniversary year
Merchant-Specific Rewards
Myntra
7.5% Discount on Myntra
Swiggy
5% cashback(Capped at ₹1000 per month)
Swiggy Instamart
5% cashback(Capped at ₹1000 per month)
Cleartrip
5% cashback(Capped at ₹1000 per month)
Urban Company
5% cashback(Capped at ₹1000 per month)
PVR
5% cashback(Capped at ₹1000 per month)
Rewards Details
7.5% discount on Myntra spends, capped at ₹750 per transaction. 5% cashback on partner brands like Swiggy, Swiggy Instamart, Cleartrip, Urban Company, and PVR, capped at ₹1000 per month. Unlimited 1.25% cashback on other online and offline spends.
Redemption
Cashback is automatically credited to the card statement.
Benefits & Features
Domestic: 1 complimentary lounge access per quarter (Min ₹50,000 spends required for PVR tickets) International: N/A Complimentary lounge access with privileges like comfortable seating, gourmet meals, newspapers and magazines, free WiFi, and widescreen TVs.
Pros & Cons
Pros
- Complimentary Myntra Insider program membership
- Renewal fee waiver on spends of ₹2 Lakhs
- Instant 7.5% discount on Myntra
Cons
- Cashback not applicable on wallet reloads, rent, and fuel spends
- Capped cashback on partner brands
Additional Info
The Myntra Kotak Credit Card has been discontinued as of 10th July 2025.
Cashback on partner brands capped at ₹1000 per month.
Excluded Categories
Partner Merchants
Fees & Charges
Eligibility
Networks
Fee Waiver
Renewal fee waiver on spends of ₹2 Lakhs in the anniversary year