Kotak Zen Signature Credit Card
Kotak Mahindra Bank
Annual Fee
₹1,500
Joining Fee
₹1,500 + GST
Base Reward
5% points
Foreign Markup
3.5%
Fee Waiver
Annual fee waiver on the spending of ₹1,50,000
Interest Rate
3.75% per month
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
Rewards
Earn 10 Zen Points for every ₹150 spent on Apparels, Lifestyle Goods & Jewellery. Earn 5 Zen Points for every ₹150 on All Other Spends.
Redemption
1 Zen Point = ₹0.25 redemption with the Kotak Reward program.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 6.67%(10 Zen Points/₹150 Spent on Apparels, Lifestyle Goods & Jewellery) | No cap |
other | 3.33%(5 Zen Points/₹150 on All Other Spends) | No cap |
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.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
65 years
Min Income (Salaried)
₹4,80,000
Min Income (Self-Employed)
₹4,80,000
Available Networks
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