Kotak Privy League Signature Credit Card
Kotak Mahindra Bank
Annual Fee
₹2,500
Joining Fee
Nil (For Both Variants)
Base Reward
2% points
Foreign Markup
2% for paid variant and 3.5% for the free variant (exclusive of GST)
Fee Waiver
The annual membership fee will be waived off if the cardholder spends ₹5 lakh in the preceding year or by maintaining Insignia or True Optima Banking Relationship
Interest Rate
2.49% per month (29.88% annually)
Welcome Benefits
N/A
Product Highlights
- Exclusive to Privy customers
- Choice between Shopper’s Plan and Traveller’s Plan
- 5X reward points on select categories
- Complimentary domestic and international lounge access for paid variant
Rewards
5X Reward Points on spends of ₹100 at select shopping categories like apparel, grocery, consumer durable, multi-brand online and departmental stores. 5X Reward Points on spends of ₹100 at select travel categories like airlines, hotels, duty-free, international spends and travel agencies.
Redemption
Reward Points redeemable on Kotak reward redemption portal.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 5%(5X Reward Points on select retail shopping) | No cap |
travel | 5%(5X Reward Points on select travel spends) | No cap |
Benefits & Features
Domestic: 2 Complimentary visits to the Dream Folks Lounges in India International: 4 complimentary lounge visits every year visits with Priority Pass (paid variant only) Complimentary Priority Pass membership (with both variants)
Fees & Charges
Eligibility
Min Age
21 years
Max Age
65 years
Available Networks
Pros & Cons
Pros
- 5X Reward Points on select shopping and travel spends
- Complimentary lounge access
- Customizable benefits based on spending needs
Cons
- Annual fee of ₹2,500 for paid variant
- Limited to Privy customers only
Additional Info
Important note 1
Note 2
Excluded Categories