Kotak White Reserve Credit Card
Kotak Mahindra Bank
Annual Fee
₹12,500
Joining Fee
₹12,500 + GST
Base Reward
0% points
Foreign Markup
2%
Fee Waiver
The renewal fee can be waived off on spending ₹10,00,000 or more in the previous year.
Interest Rate
3.5% per month (or 42% annually)
Welcome Benefits
Complimentary Club Marriott Membership
Product Highlights
- Unlimited complimentary lounge access at 1000+ airports worldwide
- Complimentary Club Marriott Membership
- 20% off on F&B bills across the Asia Pacific
- Low foreign currency markup fee of 2%
- 2 golf rounds every month at selected golf courses
Rewards
White Pass Value can be earned for Reward Points on crossing a minimum spend of ₹3 Lakhs. The White Pass can be redeemed against various vouchers, flights, hotels, and more.
Redemption
1 White Pass = ₹1 against statement (for all categories except Cashback), 1 White Pass = ₹0.70 (for cashback)
Benefits & Features
Domestic: Unlimited Access for Both Primary and Add-On Cardholders International: Unlimited International Lounge Access for Both Primary and Add-On Cardholders Unlimited complimentary access to domestic and international lounges.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
65 years
Available Networks
Pros & Cons
Pros
- Unlimited lounge access for primary and add-on cardholders
- Complimentary Club Marriott Membership with significant discounts
- 2 golf rounds each month at selected courses
- Low foreign currency markup fee
Cons
- High joining and annual fee of ₹12,500 + GST
- No rewards for spends less than ₹3 Lakhs
- Insurance benefits not applicable
Additional Info
The White Pass balance can also be redeemed for cash.
The waiver will be subject to a maximum of ₹4,500 in a year for fuel surcharge.